Midfield Industries Limited which had tapped the capital markets with an IPO to raise between Rs 56.7 crs and Rs 59.9 crs is to list on Wednesday the 4th of August at a listing ceremony to be held at the BSE. The share would be listed on the NSE as well. The IPO was for an issue of 45 lakh shares in a price band of Rs 126 to 133 and was open between the 19th and 21st of July.

The issue was well received and was oversubscribed 12.92 times. The issue was subscribed 48.41 times in the HNI category and 13.52 times in the retail category. Looking at the response to the subscription one expects that there would be listing gains available for investors.