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Midwest IPO oversubscribed ~22×, strong QIB demand
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Midwest IPO oversubscribed ~22× on Day 3, QIBs oversubscribe ~68× amid strong demand.
Midwest’s IPO, worth ₹451 crore, received ~21.63× oversubscription on Day 3. Qualified Institutional Buyers (QIBs) drove demand heavily, oversubscribing their allotment ~68.3×. The issue, with strong fundamentals, drew large investor interest ahead of listing plans.