Millworks Technologies
· SME · BSE
Price Band
₹315–331
Lot Size
400 shares
Issue Size
₹160 Cr
Min. Investment
₹2,64,800
Grey Market Premium
Last unofficial quote before listing
Cap price plus current GMP: ₹726 — arithmetic, not a forecast
Subscription Status
Category-wise subscription figures aren't available for this issue.
Millworks TechnologiesIPO: Overview & Key Facts
Millworks Technologies IPO is an SME issue that listed on BSE on 21 July 2026. The price band is ₹315–₹331 per equity share, with a market lot of 400 shares. The total issue size is ₹160 Cr. At the upper price band, the minimum application for an individual investor is 2 lots (800 shares), amounting to ₹2,64,800 — SME issues require individual investors to bid for at least two lots.
Millworks Technologies IPO GMP & Listing
The last grey market premium (GMP) reported for Millworks Technologies IPO before listing was ₹395, about 119.34% over the upper price band of ₹331, and informal quotes had held steady over the sessions we recorded. The shares opened at ₹628.9 on listing day, 90% above the issue price of ₹331. GMP is an unofficial, unregulated indicator quoted by off-market dealers; it moves with supply and demand and is not a guaranteed listing price. For how often it has been right, read our research on IPO GMP accuracy.
Millworks Technologies IPO Allotment & Listing
The registrar for this issue is Purva Sharegistry (India) Pvt. Ltd.; the basis of allotment was finalised on 17 July 2026 and the shares listed on 21 July 2026. You can check your allotment status on our IPO Allotment Checker using your PAN or application number.
Listing Performance
Issue Price
₹331
Listed At
₹628.9
Current Price
₹660.3
Issue Objectives
- Funding capital expenditure of Company to purchase Plant and Machinery
- Funding the working capital requirements of the Company
- General Corporate Purposes
- Issue Expenses
Reservation
| Category | Shares Offered | % |
|---|---|---|
| QIB | 22,09,200 | 49.98% |
| − Anchor Investor | 13,25,200 | 0% |
| − QIB (Ex. Anchor) | 8,84,000 | 0% |
| NII (HNI) | 6,63,600 | 15.01% |
| − bNII > ₹10L | 4,42,400 | 0% |
| − sNII < ₹10L | 2,21,200 | 0% |
| Retail | 15,47,200 | 35% |
| Market Maker | 4,24,000 | 0% |
- QIB50.0%
- − Anchor Investor0.0%
- − QIB (Ex. Anchor)0.0%
- NII (HNI)15.0%
- − bNII > ₹10L0.0%
- − sNII < ₹10L0.0%
- Retail35.0%
- Market Maker0.0%
Market Lot Size
| Application | Lots | Shares | Amount |
|---|---|---|---|
| Individual investors (IND) (Min) | 2 | 800 | ₹2,64,800 |
| Individual investors (IND) (Max) | 2 | 800 | ₹2,64,800 |
| S-HNI (Min) | 3 | 1200 | ₹3,97,200 |
| S-HNI (Max) | 7 | 2800 | ₹9,26,800 |
| B-HNI (Min) | 8 | 3200 | ₹10,59,200 |
Financials (₹ Cr)
Valuations
EPS (Pre IPO)
29.02
EPS (Post IPO)
21.04
ROE
44.83%
P/E (Pre IPO)
11.4
P/E (Post IPO)
15.73
Market Cap
₹422.71 Cr.
Contact Details
Millworks Technologies Ltd. Address
- 5600589187045959
- cs@millworksindia.com
- https://millworksindia.com/
Registrar Contact Details
Purva Sharegistry (India) Pvt. Ltd.
- https://www.purvashare.com
Frequently Asked Questions
Key Dates
- Open Date
- 14 Jul 2026
- Close Date
- 16 Jul 2026
- Basis of Allotment
- 17 Jul 2026
- Listing Date
- 21 Jul 2026
Issue Details
- Registrar
- Purva Sharegistry
- Exchange
- BSE