Midwest ipo date, Share Price Target Tomorrow, 2025, 2026, 2030

Midwest is an Indian company that mines, processes, and sells natural stones like Black Galaxy and Absolute Black Granite. The company also makes diamond wire cutting tools and processes quartz. It sells its products to about 17 countries, including China, Italy, and Thailand. Its main work is mining, preparing, marketing, and exporting natural stones. Key products are granite for countertops, floors, and monuments, diamond wire tools for cutting in mining and construction, and processed quartz. It runs 16 granite mines and processing plants in Telangana and Andhra Pradesh and aims to stay financially strong, grow its business, and create long-term value.

What is Midwest Ltd IPO?

Midwest was established in 1981 by Mr K. Raghava Reddy and is located in Hyderabad, Telangana. It is a big Indian company that digs, processes, and sells natural stones, mainly granite. The company has 16 granite mines in Telangana and Andhra Pradesh and makes famous types like Black Galaxy, Absolute Black, and Tan Brown. It is the largest exporter of Black Galaxy Granite from India, making about 64% of the country’s exports in 2025. It also works with other materials like quartz and heavy minerals, which are used in buildings, renewable energy, semiconductors, and the titanium industries.

Midwest IPO Details

IPO Date	October 15, 2025 to October 17, 2025
Listing Date	24 Oct 2025
Face Value	₹5 per share
Price Band	₹1014 to ₹1065 per share
Minimum Investment	₹14196
Lot Size	14 Shares
Issue Type	Bookbuilding IPO
Listing At	BSE, NSE
Share Holding Pre Issue	3,38,12,415 shares
Share Holding Post Issue	3,61,59,832 shares

Midwest Share Price Target Tomorrow (Listing day price)

The company is doing well with its money, as its sales and profits have been increasing steadily. The company earns good profit from its business and uses its resources smartly. It gets positive cash from its operations, though it spends a lot on new projects and equipment. The company has low debt compared to its savings, showing it is financially safe. It does not give dividends, so it can use its profits to grow the business.

Day	Minimum Price (Rs)	Maximum Price (Rs)
Tomorrow	-98	+358

Midwest Share Price Target 2025

It is one of India’s top makers and exporters of Black Galaxy Granite, a rare and high-quality stone found in just one village in Andhra Pradesh. The company handles the whole process itself, from mining the granite to processing and selling it. It has 16 granite mines and two processing plants where raw granite blocks are turned into finished products like countertops, steps, window sills, and cladding. In 2025, its share price target would be ₹1657, as per stock market analysts.

According to stock market analysts, its share price would be between ₹851 to ₹1657 in 2025.

Year	Minimum Price (Rs)	Maximum Price (Rs)
2025	851	1657

Month	Minimum Price  (Rs)	Maximum Price (Rs)
October	910	1351
November	851	1458
December	988	1657

Midwest share price Target 2026

The company has been working in India’s stone mining industry for many years and runs 20 mines, including granite, quartz, and marble. These mines are located in different states like Telangana, Andhra Pradesh, Karnataka, and Tamil Nadu, giving Midwest a strong and varied supply of stone. The company uses modern machines like excavators, dump trucks, wire saws, and mechanical drills to mine and process the stones efficiently. In 2026, its share price target would be ₹2320, as per stock market analysts.

Its share price would be between ₹1550 to ₹2320 in 2026, as per stock market analysts.

Year	Minimum Price (Rs)	Maximum Price (Rs)
2026	1550	2320

Month	Minimum Price  (Rs)	Maximum Price (Rs)
January	1550	1662
February	1578	1685
March	1611	1700
April	1652	1754
May	1684	1790
June	1700	1825
July	1725	1858
August	1754	1992
September	1784	2058
October	1880	2112
November	1965	2254
December	2025	2320

Share price Target 2027

It has been doing well financially, with steady growth in both sales and profits. Its revenue has been increasing every year, showing that the company is growing in the market and managing its production and sales effectively. Its profits have also been going up, which means the company is selling more while keeping costs under control and running smoothly.  In 2027, its share price target would be ₹3000, as per stock market analysts.

According to stock market analysts, its share price would be between ₹2251 to ₹3000 in 2027.

Year	Minimum Price (Rs)	Maximum Price (Rs)
2027	2251	3000

Share price Target 2028

Besides granite, it has grown its business to also make diamond wire cutting tools and process quartz, giving it more products and services. This lets the company serve more industries, like construction, building materials, and renewable energy. With a strong range of products, smooth operations, and presence in international markets, it can compete well globally. In 2028, its share price target would be ₹, as per stock market analysts.

Its share price would be between ₹2924 to ₹3954 in 2028, as per stock market analysts.

Year	Minimum Price (Rs)	Maximum Price (Rs)
2028	2924	3954

Share price Target 2029

The company’s big operations, modern technology, and important resources give it an advantage over competitors. It uses its long experience and proven methods to mine and process stones efficiently, making high-quality products while keeping costs low. Its strong presence in key export markets and good relationships with international buyers help it keep its market share. The company can handle changes in global demand, manage stock well, and continue providing value to customers and partners in different markets with a flexible supply chain and modern facilities. In 2029, its share price target would be ₹4225, as per stock market analysts.

According to stock market analysts, its share price would be between ₹3884 to ₹4225 in 2029.

Year	Minimum Price (Rs)	Maximum Price (Rs)
2029	3884	4225

Midwest share price Target 2030

It cares a lot about quality and follows international standards. All its products are checked carefully to make sure they meet the needs of different customers. This focus on quality has helped Midwest earn a strong reputation for being reliable and excellent in the natural stone industry, making it a trusted choice for clients in India and other countries. In 2030, its share price target would be ₹5524, as per stock market analysts.

Its share price would be between ₹4158 to ₹5524 in 2030, as per stock market analysts.

Year	Minimum Price (Rs)	Maximum Price (Rs)
2030	4158	5524

Month	Minimum Price  (Rs)	Maximum Price (Rs)
January	4158	4284
February	4187	4335
March	4224	4374
April	4256	4425
May	4287	4558
June	4335	4668
July	4515	4778
August	4589	4889
September	4668	5025
October	4842	5225
November	5024	5368
December	5254	5524

Share price Target 2040

The company plans to offer special natural stones like Laza Grey Marble and Celestia Quartzite through a business-to-business-to-consumer (B2B2C) model and also enter the high-purity quartz market by improving its existing products. It is also starting heavy mineral sand mining, looking for minerals like rutile, ilmenite, zircon, garnet, sillimanite, and monazite. In 2040, its share price target would be ₹12240, as per stock market analysts.

According to stock market analysts, its share price would be between ₹10887 to ₹12240 in 2040.

Year	Minimum Price (Rs)	Maximum Price (Rs)
2040	10887	12240

Month	Minimum Price  (Rs)	Maximum Price (Rs)
January	10887	11051
February	10930	11174
March	10984	11253
April	11087	11335
May	11120	11557
June	11256	11662
July	11335	11752
August	11512	11852
September	11625	11930
October	11841	12078
November	11882	12157
December	11978	12240

Share Price Target 2050

The company keeps enough stock near main markets like China and Italy, which helps distributors get better shipping prices and ensures products are always available. Its team studies market demand carefully, helping the company plan production and manage stock well so that deliveries are always on time. It looks after everything from mining to delivery, giving it full control over quality, cost, and time. This complete system helps the company keep its product quality high and customers satisfied. In 2050, its share price target would be ₹22778, as per stock market analysts.

Its share price would be between ₹20254 to ₹22778 in 2050, as per stock market analysts.

Year	Minimum Price (Rs)	Maximum Price (Rs)
2050	20254	22778

Month	Minimum Price  (Rs)	Maximum Price (Rs)
January	20254	20451
February	20421	20662
March	20520	20750
April	20662	20884
May	20721	20984
June	20820	21120
July	20920	21441
August	21240	21750
September	21542	21985
October	21754	22254
November	21985	22451
December	22251	22778

Should I buy Midwest stock?

Year	Minimum Price (Rs)	Maximum Price (Rs)
2025	851	1657
2026	1550	2320
2027	2251	3000
2028	2924	3954
2029	3884	4225
2030	4158	5524
2040	10887	12240
2050	20254	22778

It is a strong and growing company in India that makes and sells Black Galaxy Granite and other types of natural stones. The company is also moving into new areas like quartz processing, diamond wire tool making, and mining heavy mineral sands. This helps it grow and reach more markets. Midwest cares about quality and uses clean energy like solar power and electric vehicles to protect the environment. It has a good financial record and keeps working to grow its business while reducing loans. Overall, it looks like a good option for long-term investors if it continues to manage costs, keep up quality, and expand into new markets.

Midwest earnings results (Financials)

	Mar 2021	Mar 2022	Mar 2023	Mar 2024	Mar 2025
Sales +	380	525	503	586	626
Expenses +	284	419	412	428	454
Operating Profit	96	106	91	158	172
OPM %	25%	20%	18%	27%	27%
Other Income +	12	14	19	12	43
Interest	7	9	10	10	11
Depreciation	18	18	22	22	26
Profit before tax	83	93	79	138	178
Tax %	27%	28%	31%	27%	25%
Net Profit +	60	67	54	100	133
EPS in Rs	—	—	—	—	—
Dividend Payout %	0%	0%	0%	0%	0%

Is Midwest stock good to buy? (bull case & bear case)

Bull Case:

• The company’s revenue grew from ₹502 crore to ₹626 crore in recent years, showing it is earning more every year.
• Profit after tax increased from ₹54 crore to ₹133 crore, showing the company is managing costs well and running efficiently.
• It has 16 granite mines and 2 processing units, giving it a strong capacity to produce quality stones.
• It is also expanding into quartz processing, diamond wire tools, and heavy mineral sand mining, which could bring more money in the future.
• The company exports to over 17 countries, with major markets in China, Italy, and the U.S., showing it has a strong global presence.

Bear Case:

• New projects need big investments, and delays or extra costs could hurt earnings.
• It works in a strictly regulated industry, so any changes in mining or environmental rules could cause problems.
• Dependence on exports makes the company sensitive to risks like tariffs, shipping issues, or lower demand abroad.

Midwest IPO Promoter Holding

Mr. Kollareddy Rama Raghava Reddy, Mr. Kollareddy Ramachandra, Mrs. Kukreti Soumya and Mrs. Uma Priyadarshini Kollareddy are the company promoters.

Promoter Holding Pre Issue	95.83%
Promoter Holding Post Issue	84.39%

Objects of the Issue (Midwest IPO Objectives)

• It plans to use ₹1,270.49 million to fund the Phase II Quartz Processing Plant through its wholly owned subsidiary, Midwest Neostone.
• It will use ₹257.55 million to buy electric dump trucks for the company and its material subsidiary, APGM.
• The company spent ₹32.56 million to install solar energy systems at certain company mines.
• It plans to use ₹538 million to partly or fully repay some of the outstanding loans of the company and APGM.
• The remaining funds will be used for general corporate expenses and other business needs.

Midwest ipo gmp

Date	IPO GMP	GMP Trend	Gain
11 Oct	₹21	Bullish	1.97%

Conclusion

It is a leading Indian company that mines, processes, and sells natural stones like Black Galaxy and Absolute Black Granite. It also works with quartz and makes diamond wire cutting tools. The company has 16 granite mines and two processing plants, managing everything from mining to making finished products like countertops and floors. Its sales and profits have been growing steadily, and it keeps low debt. It focuses on good quality, uses clean energy, and sells to countries like China and Italy.

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