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Midwest IPO Sees Overwhelming Investor Demand, Subscribed 32.6x

Midwest IPO Sees Overwhelming Investor Demand, Subscribed 32.6x

Author:

Global Cryptocurrency

Published:

2025-10-17 09:24:01

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BTCCSquare news:

Midwest's Quartz processor IPO closed with a thunderous response, oversubscribed 32.6 times on its final day. The ₹451 crore offering saw non-institutional investors lead the charge with 102.44x subscription, dwarfing retail (16.98x) and institutional (7.75x) participation.

The frenzy reflects market confidence in Midwest's growth trajectory, with anchor investors committing ₹135 crore ahead of public bidding. Shares priced between ₹1,014-1,065 will debut on BSE and NSE on October 24, setting the stage for a potentially explosive listing.

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