Midwest IPO opens on Monday. (Photo: NDTV Profit) Show Quick Read Summary is AI Generated. Newsroom Reviewed

Midwest Ltd. is set to sell shares worth Rs 451 crore via an initial public offering on Monday. The IPO consists of a mix of fresh issues of shares worth Rs 250 crore and an offer-for-sale worth Rs 201 crore.

Promoter Kollareddy Rama Raghava Reddy will offload shares worth Rs 181 crore, while the promoter group Guntaka Ravindra Reddy will sell shares worth Rs 20 crore.

DAM Capital Advisors Ltd., Intensive Fiscal Services Pvt., and Motilal Oswal Investment Advisors Ltd. will be the book-running lead managers for the issue, while Kfin Technologies Ltd. will be the registrar, as per the company's red herring prospectus.

Upon successful completion of raising funds via IPO, the

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