Millworks Technologies IPO Subscription Status

BSE SME
Minimum investment
₹ 2,64,800 800 shares
View IPO details

Data sourced from BSE · Compiled by IPO Ji · IPO subscription data last updated

Total 219.68x·QIB 194.05x·NII 261.01x·Individual 216.60x

≈ 1 in 217 individual allotmentslim allotment chance

Based on individual subscription by applications (216.60×), approximately 1 in 217 individual applications may receive an allotment. Final allotment is decided by the registrar’s computerised lottery.

Millworks Technologies Limited SME IPO was subscribed 219.68x in total when bidding closed on Jul 16, 2026, with 194.05x in the QIB category, 261.01x in NII, 216.6x in individual across BSE. This represents a strong oversubscription, reflecting heavy investor demand; a high subscription figure does not guarantee listing gains, and allotment follows the applicable category and exchange rules. The issue ran from Jul 14, 2026 to Jul 16, 2026 at a price band of ₹315–₹331 per share. Allotment was finalised on Jul 17, 2026.

QIB194.05xNII261.01xIndividual216.60xTotal219.68x1x
Times subscribed by category against the 1× fully-subscribed line (bars capped at 10×).
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Subscription Details (No. of Shares)

Category Offer Applied Times
QIBs 884000 171536800 194.05
NIIs 663600 173207200 261.01
BNIIs (>10L) 442400 128648400 290.8
SNIIs (<10L) 221200 44558800 201.44
Individual 1547200 335120800 216.6
Total 3094800 679864800 219.68
Total Applications4,89,779 approx.

Application Wise Breakup (Approx.)

Category Reserve Applied Times
BNIIs (>10L) 369 36,418 98.69
SNIIs (<10L) 184 34,278 186.29
Individual 1,934 4,18,901 216.6
Total Applications4,89,779 approx.

Subscription Details (In Crores)

Category Offered Demand Times
QIBs 29.26 5677.87 194.05
FIIs - 1019.49 -
DIIs - 928.94 -
Mutual Funds - 113.25 -
Others - 3616.17 -
NIIs 21.97 5733.16 261.01
BNIIs (>10L) 14.64 4258.26 290.8
SNIIs (<10L) 7.32 1474.9 201.44
Individual 51.21 11092.5 216.6
TOTAL 102.44 22503.52 219.68

Day-wise subscription

Total subscription trend10.74x to 219.68x+208.94x
0.00x219.68x1x10.74xDay 150.71xDay 2219.68xDay 3
As on QIB
NII
bHNI
sHNI
Individual Total
Day 1
14 Jul 2026
5:00 PM
0.00x
13.38x
13.07x
13.98x
15.75x 10.74x
Day 2
15 Jul 2026
5:00 PM
0.22x
68.96x
74.09x
58.69x
71.73x 50.71x
Day 3
16 Jul 2026
5:00 PM
194.05x
261.01x
290.80x
201.44x
216.60x 219.68x

Subscription by number of applications

Anticipated subscription based on the number of applications received (an alternative to the shares-based figures above), sourced from BSE.

CategoryTimes (by applications)
bHNI98.69x
sHNI186.29x
Individual216.60x

What this means for allotment & listing

Because Millworks Technologies closed oversubscribed, applicants were not guaranteed full allotment. In oversubscribed issues, shares are allotted according to the applicable category and exchange rules, so applicants are not guaranteed full allotment once an issue is oversubscribed. The number of times each category is subscribed is one indicator of demand, alongside the company's fundamentals and the broader market.

A high subscription figure reflects strong demand but does not guarantee a premium listing, and a low figure does not guarantee a discount. This page is for information only and is not investment advice. Investors should read the company's prospectus and consult a SEBI-registered adviser before making any decision.

Listed at BSE SME · Registrar: Purva Sharegistry (India) Pvt.Ltd. · Bidding data sourced from the BSE public-issue platform under SEBI ICDR regulations.

IPO subscription status shows how many times an issue has been applied for, compared with the shares on offer, broken down by Qualified Institutional Buyers (QIB), Non-Institutional Investors (NII), and the Retail or SME Individual Investor category. A figure of "2x" means investors applied for twice the shares available. See how IPO subscription works and track all live IPOs →

Millworks Technologies IPO subscription FAQs

Millworks Technologies Limited IPO was subscribed 219.68x at close on Jul 16, 2026, with 194.05x in QIB, 261.01x in NII, 216.6x in individual.

Yes. Millworks Technologies IPO was subscribed 219.68x, meaning investors applied for 219.68x the number of shares on offer.

Based on individual subscription by applications (about 216.60x), approximately 1 in 217 individual applications may receive an allotment. This is an estimate — the final allotment is decided by the registrar's computerised lottery, and the odds can change while bidding is open.

The Millworks Technologies IPO allotment was finalised on Jul 17, 2026. You can check your allotment status by PAN or application number on the registrar's website or on IPO Ji.

Millworks Technologies IPO has a price band of ₹315–₹331 per share, with a minimum individual investor application of ₹2,64,800 for 800 shares.

It means investors have applied for X times the number of shares the company is offering. For example, 5x means demand was five times the shares available. A figure above 1x is called oversubscription; below 1x is undersubscription.

No. The higher an issue is oversubscribed, the lower each applicant’s chance of allotment. SME shares are allotted according to the applicable Individual Investor, NII and exchange rules, so oversubscription does not guarantee full allotment.

QIB covers qualified institutions. Under the current SME IPO framework, an Individual Investor applies for the minimum application size of two lots above ₹2 lakh, while applicants bidding for more than two lots are classified in the NII category. Each category has its own reserved portion and allotment rules.

IPO Ji updates subscription figures through the bidding day using data sourced from BSE. The "Last updated" time shown on the page reflects the most recent refresh.

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