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Midwest Ltd
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Registered Office:
8-2-684/3/25 & 26 Road No.12,Banjara Hills
,
Hyderabad
-
500034
,
Telangana
, India.
Phone :
+91 40 2330 5194 Fax:
Email : cs@midwest.in
Website : www.midwest.in
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Initial public offering of up to [*] equity shares of face value of Rs5 each ("Equity Shares") of Midwest limited (the "Company" or the "Company" or the "Issuer") for cash at a price of Rs[*] per equity share (Including a Premium of Rs[*] Per Equity Share) (the "Offer Price") aggregating up to Rs451.00 crores (the "Offer") comprising a fresh issue of up to [*] equity shares aggregating up to Rs250.00 crores by the company (the "Fresh Issue") and an offer for sale of up to [*] equity shares aggregating up to Rs210.00 crores comprising an offer for sale of up to [*] equity shares aggregating up to Rs181.00 crores by Kollareddy Rama Raghava Reddy ("Promoter Selling Shareholder") and an offer for sale of up to [*] equity shares aggregating up to Rs20.00 crores by Guntaka Ravindra Reddy (the "Promoter Group Selling Shareholder"), and together with the promoter selling shareholder, Referred to as the "selling shareholders", and each individually, as a "selling shareholder" and such offer for sale of equity shares by the selling shareholders, the "offer for sale".
This offer includes a reservation of up to [*] equity shares, aggregating up to Rs1.00 crores (Constituting up to 5% of the Post-Offer Paid-up Equity Share Capital), for subscription by eligible employees (as Defined Hereinafter) ("Employee Reservation Portion"). The offer less the employee reservation portion is hereinafter referred to as the "Net Offer". the company in consultation with the brlms, may offer a discount of up to Rs[*] to the offer price (Equivalent of Rs[*] per Equity Share) to eligible employees bidding in the employee reservation portion ("Employee Discount"). the offer and the net offer shall constitute [*]% and [*]%, respectively, of the post-offer paid-up equity share capital of the company.
Price Band: Rs1014/- to Rs1065/- for equity share of face value of Rs5 each.
The floor price is 202.80 times times the face value and cap price is 213.00 times of the face value of the equity shares.
Bids can made for a minimum of 14 equity shares and in multiples of 14 equity shares thereafter.
A discount of Rs101 per equity share is being offered to eligible employees bidding in the employee reservation portion.
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Opens On
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Closes On
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Application
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Allotment
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15-Oct-25
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17-Oct-25
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Rs 1014.00-1065.00
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Rs 0.00-0.00
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Minimum Application for shares in Nos :14 Further
Multiples of :14
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(Rs Cr)
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Lead Managers to the Issue
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Project Cost
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0.00
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Project Financed through Current Offer
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451.00
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Post Issue Equity Share Capital
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18.08
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Issue Price
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Rs 1014.00
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