Midwest Limited's IPO Oversubscribed, Verisure Lists on Nasdaq Stockholm
Verisure, a leading security company, successfully went public on October 8, 2025, listing on the Nasdaq Stockholm at €13.25 per share. Meanwhile, Midwest Limited's Initial Public Offering (IPO) has garnered significant attention, with its market capitalisation set to reach Rs 3,851 crore post-issue.
The Midwest IPO, priced between Rs 1,014 and Rs 1,065 per share, with a minimum lot of 14 shares, has seen robust demand. The total issue size stands at Rs 451 crore, comprising a fresh issue of Rs 250 crore and an Offer for Sale (OFS) of Rs 201 crore. Investors can check their allotment status at https://ipostatus.kfintech.com/.
The IPO was oversubscribed significantly, with Qualified Institutional Buyers (QIBs) subscribing 139.87 times, Non-Institutional Investors (NIIs) at 168.07 times, and Retail investors at 24.26 times.
Midwest Limited's IPO has demonstrated strong investor interest, with its market capitalisation poised to reach Rs 3,851 crore post-issue. The successful listing of Verisure on the Nasdaq Stockholm further underscores the potential of these public offerings.