Shares of Midwest, India's largest producer and exporter of Black Galaxy and Absolute Black granite, listed on the bourses on Friday, October 24.

On the BSE, the stock debuted at ₹1,165.10, a 9% premium over the IPO issue price of ₹1,065. Similarly, on the NSE, it listed at ₹1,165, also reflecting a 9% premium over the IPO price.

Ahead of its listing, the company's shares were commanding a premium of around 10% in the grey market, indicating a modest but steady start for the ₹451 crore initial public offering (IPO).

The issue, which was open for subscription from October 15 to 17, received an overwhelming response, closing 92.36 times oversubscribed.

Non-institutional investors (NIIs) led the surge with 176.57 times subscription, followed by qualified institutional buyers (QIBs) at 146

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