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Midwest IPO Allotment Today: The basis of allotment of the Midwest IPO, which closed on Friday, has been finalised. Investors can also check the Midwest IPO allotment status on the websites of the BSE and the NSE, as well as on the portal of registrar Kfin Technologies. Meanwhile, its GMP has fallen to 9.01% on Tuesday, ahead of Midwest Ltd’s market listing on Friday, October 24.

The GMP had stood at 9.48% ahead of the allotment on Monday and nearly 13% last week.

The Rs 451-crore mainboard initial public offering (IPO) of quartz processor Midwest, which was open between October 15 and October 17, received a strong 92.36x subscription, garnering bids for 27,40,31,674 shares as against the 29,67,136 shares on offer. Its retail category received a 25.52x subscript

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