Allotment Status · Allotment: Oct 20, 2025 · Listing: Oct 24, 2025
Midwest IPO listed on 24 Oct 2025. Allotment was finalised on 20 Oct 2025. Final subscription: 87.89×.
Allotment was finalised on 20 Oct 2025
Midwest IPO listed on 24 Oct 2025 on NSE,BSE. The IPO was subscribed 87.89 times overall - retail at 24.26×. Allotment was finalised on 20 Oct 2025 by KFin Technologies Limited . You can still check your allotment status using PAN on the BSE website or the registrar portal - direct links above.
3 ways to verify your allotment - registrar portal, BSE, or broker app
You'll need any one of the following to check your allotment:
For a complete walkthrough with screenshots, read our guide:
How to Check IPO Allotment Status Online →As of October 24, 2025
| Category | Shares Offered | Shares Bid For | Times Subscribed |
|---|---|---|---|
|
QIB
|
887,572 | 124,148,388 |
139.87×
|
|
NII
|
665,681 | 111,884,290 |
168.07×
|
|
bNII
|
443,788 | 85,234,128 |
192.06×
|
|
sNII
|
221,893 | 26,650,162 |
120.10×
|
|
Retail
|
1,553,255 | 37,683,548 |
24.26×
|
|
Employees
|
10,952 | 267,694 |
24.44×
|
|
Total
|
3,117,460 | 273,983,920 |
87.89×
|
Real questions investors ask about allotment, refunds & listing
The Midwest IPO allotment result is out. The fastest way to find out: head to KFin Technologies Limited, select Midwest IPO from the IPO list, and enter your PAN number or application number. You'll see your allotment status in seconds.
Checking by PAN is the quickest method. Here's how: Step 1 - Go to KFin Technologies Limited allotment page. Step 2 - Select Midwest IPO from the IPO dropdown. Step 3 - Choose "Search by PAN" and type your 10-character PAN (e.g., ABCDE1234F). Step 4 - Hit Search. Your allotment status - allotted or not allotted, and how many shares - will appear instantly. Results are available from October 20, 2025. For a detailed walkthrough with screenshots, see our complete guide to checking IPO allotment status online.
The basis of allotment for Midwest IPO is October 20, 2025. On this date, KFin Technologies Limited finalises who gets allotted shares and in what quantity - based on the subscription ratio and a computerised lottery for retail investors. The IPO is then expected to list on October 24, 2025.
No need to stress. If you're not allotted shares, your blocked amount is automatically released - you don't need to do anything. For Midwest IPO, refunds are expected by October 23, 2025. If you applied via UPI, the mandate block is removed automatically after allotment. If you applied via ASBA (bank), the amount gets unblocked within 1–2 working days. If your money hasn't been released 3 days after the refund date, contact your bank or broker.
Congratulations! Midwest IPO shares will be credited to your demat account on October 23, 2025 - that's the day before listing. The IPO lists on October 24, 2025 on NSE,BSE. If you don't see the shares in your holdings after the credit date, try refreshing your app or check your CDSL/NSDL statement. Sometimes there's a delay of a few hours.
Midwest IPO is scheduled to list on October 24, 2025 on NSE,BSE. Whether to sell on listing day depends on the grey market premium (GMP) trend and your own target. Check the latest Midwest IPO GMP here - it gives a rough sense of where the stock might open, though GMP is unofficial and not a guarantee.
This is one of the most common IPO frustrations - and unfortunately it's normal when an IPO is heavily oversubscribed. Midwest IPO was subscribed 87.89× overall and 24.26× in the retail category. For oversubscribed retail categories, SEBI mandates a computerised lottery - every valid application (regardless of lot count) gets exactly one ticket in the draw. With 24.26× retail subscription, statistically only about 1 in 25 applicants gets allotted. It's not personal - it's pure chance. Your best move: apply from multiple family member accounts (each person must apply separately) to improve your household's probability.
For retail investors in oversubscribed IPOs, applying for 1 lot gives the same allotment probability as applying for the maximum. Here's why: SEBI's lottery system gives each retail application - not each lot - one entry in the draw. So whether you apply for 1 lot or 13 lots, your odds of getting allotted are identical. The only difference is the amount of money that gets blocked in your account. The smart strategy: apply for the minimum 1 lot from multiple family member demat accounts to maximize your household's chances without locking up extra capital. For Midwest IPO, minimum investment is ₹14,910 (1 lot at upper price band).
The Midwest IPO allotment process decides which investors receive shares - and how many. It's governed by SEBI regulations, carried out by a SEBI-registered registrar (KFin Technologies Limited), and the results are published on the stock exchanges for full transparency. The basis of allotment for this IPO is October 20, 2025.
After the subscription window closes, the registrar collects all valid bids and applies SEBI's allotment rules separately for each investor category:
Midwest IPO closed with 87.89× overall subscription - retail at 24.26×, QIB at 139.87×, NII at 168.07×. With retail subscribed 24.26×, statistically only about 1 in 25 retail applicants will be allotted. Your allotment isn't guaranteed - it depends entirely on the lottery draw. Estimated allotment probability: Low–Moderate.
Basis of Allotment Finalised
Oct 20, 2025 - the registrar submits allotment data to BSE/NSE. This document is publicly available on the exchange websites.
Refunds Initiated
Oct 23, 2025 - unsuccessful applicants have their blocked amount released. UPI mandates are automatically revoked; ASBA unblocks within 1–2 working days.
Shares Credited to Demat
Oct 23, 2025 - allotted shares appear in your demat account holdings, one business day before listing.
Listing Day
Oct 24, 2025 - the stock lists on NSE,BSE. You can sell on the same day (T+0 settlement) or hold for the long term.
KFin Technologies Limited
IPO Registrar & Transfer Agent
Subscription Opens Done
Oct 15, 2025Subscription Closes Done
Oct 17, 2025Basis of Allotment Done
Oct 20, 2025Refunds Initiated Done
Oct 23, 2025Demat Credit Done
Oct 23, 2025Listing on NSE,BSE Done
Oct 24, 2025Lottery-based allotment. Based on retail subscription of 24.26×.
Retail allotment in oversubscribed IPOs is done via computerised lottery - each valid application has equal odds regardless of lot size applied.
View Full Subscription Data