Midwest IPO Allotment Status: Step-by-Step Process to Check Online
The allotment process of shares in the Midwest IPO of ₹451 crores is expected to take place on Monday, October 20, 2025. Bidding for the IPO, which started on October 15, 2025, closes on October 17, 2025. Shares were priced between ₹1014 to ₹1065 per share. The Midwest IPO comprised a fresh issue and an offer for sale.
The issue was subscribed 14.83 times in the retail category, 2.09 times in QIB (Ex Anchor) and 80.94 times in the NII category as of October 17, 2025 (11:47:34 AM - Day 3).
Midwest IPO Subscription Status
(As on 19th Oct'25, 5:00 PM)
| Day | QIB (Ex-Anchor) | NII | NII (>₹10 L) | NII (<₹10 L) | Retail | EMP | Total |
|---|---|---|---|---|---|---|---|
Day1 | 0.52 | 4.39 | 4.22 | 4.72 | 1.69 | 2.69 | 1.94 |
Day2 | 1.93 | 34.89 | 35.65 | 33.37 | 8.63 | 9.64 | 12.34 |
Day3 | 144.99 | 176.57 | 201.77 | 126.16 | 25.52 | 25.80 | 92.36 |
Midwest IPO Subscription Rate
| Midwest IPO | Subscription Rate |
|---|---|
Non-Institutional (HNI) | 176.57x |
Employees | 25.80x |
Qualified Institutions | 146.99x |
Retail | 50.52x |
Total Subscription | 92.36x |
Midwest IPO Allotment Chances (Estimated)
As evident, there’s quite a demand for shares for Midwest IPO among different categories of investors, particularly from those who have subscribed fully. The estimated allotment chances for different investors are as follows:
- QIBs: 1 out of 2
- NII: 1 out of 80
- Retail: 1 out of 14
- Employee: 1 out of 15
How to Check Midwest IPO Allotment Status on Registrar’s Website?
- Visit the official website of KFin Technologies
- Click on ‘IPO Allotment Status’ from ‘Investors’ under ‘Products’
- Click on any one of the appearing links
- Choose IPO name and enter either your application number, Demat account or PAN number
- Enter captcha and click on ‘Submit’ to know the status
How to Check Midwest IPO Allotment Status on Other Sites?
You can check Midwest IPO allotment status through the websites of the BSE and NSE too.
1. BSE Website
- Go to the BSE website
- Click on ‘Status of Issue Application’ under ‘Investor Services’
- Click on ‘Application Status Check’
- Choose the ‘Issue Type’ and ‘Issue Name’
- Enter either your PAN or Application Number
- Tick the box ‘I’m not a robot’
- Click on ‘Search to view allotment status
2. NSE Website
The National Stock Exchange (NSE) website has an IPO bid verification module. You can use it to check the allotment status of Midwest IPO. Go to the NSE website and find the ‘Invest’ tab. Click on ‘Verify IPO Bids’ under ‘Resources & Tools’.
On the NSE IPO bid verification page, enter:
- Company name from dropdown
- Application number
- PAN
Then click ‘Submit’ to know the allotment status. Make sure to keep your PAN/Application Number/DP ID ready while checking allotment status.
How Much Money Did Midwest Collect from Anchor Investors?
Midwest raised ₹135 crores from nine anchor investors on October 14, a day before its IPO opened for public subscription.
What Happens if You Get Midwest IPO Allotment?
If you get shares allotted on the allotment day, i.e., October 20, 2025, the shares will be credited to your Demat account on October 23, 2025. The money blocked will be debited from your linked account and you can trade the shares after they get listed on stock exchanges on October 24, 2025.
What if You Didn’t Get the Midwest IPO Allotment?
If you didn’t receive allotment:
- Refunds will be initiated on or about October 23, 2025
- The amount will be credited to your bank account linked to UPI If allotted, the shares will reflect in your Demat account by October 23, 2025.
When is Midwest Listing on the Exchanges?
The shares of Midwest are expected to be listed on BSE and NSE on or about October 24, 2025. You can track listing gains/losses on Kotak Securities.
This article is for informational purposes only and does not constitute financial advice. It is not produced by the desk of the Kotak Securities Research Team, nor is it a report published by the Kotak Securities Research Team. The information presented is compiled from several secondary sources available on the internet and may change over time. Investors should conduct their own research and consult with financial professionals before making any investment decisions. Read the full disclaimer here.
Investments in securities market are subject to market risks, read all the related documents carefully before investing. Brokerage will not exceed SEBI prescribed limit. The securities are quoted as an example and not as a recommendation. SEBI Registration No-INZ000200137 Member Id NSE-08081; BSE-673; MSE-1024, MCX-56285, NCDEX-1262.