Millworks Technologies IPO

Millworks Technologies is a BSE SME IPO is priced at ₹315–₹331 per share with an issue size of ₹160.34 crore. The IPO opens on Jul 14, 2026 and closes on Jul 16, 2026, with a lot size of 400 shares and a minimum investment of ₹2,64,800.

Millworks Technologies Limited IPO

BSE SME
₹2,64,800 (800 Shares)
Minimum Investment
IPO Dates
Jul 14, 2026 – Jul 16, 2026
Price band
₹315-331 per equity share
Minimum Investment
₹2,64,800
Issue size
₹160.34 Cr
Lot size
400
Allotment Date
Jul 17, 2026
Listing
Jul 21, 2026
Listing At
BSE SME

IPO timeline

  1. Jul 14, 2026

    Open Date

    Upcoming

  2. Jul 16, 2026

    Close Date

    Upcoming

  3. Jul 17, 2026

    Allotment Date

    Upcoming

  4. Jul 21, 2026

    Listing Date

    Upcoming

Unofficial pre-listing indicator

Millworks Technologies IPO GMP Today: ₹180

Millworks Technologies IPO GMP history

Millworks Technologies IPO GMP today is ₹180 per share (a 54% premium over the ₹331 upper price band) as of 8 Jul 2026, 9:15 AM IST. The indicative listing price is ₹511 (₹331 upper price band + ₹180 GMP). GMP rose ₹30 from the previous recorded quote.

Current GMP
₹180
GMP percentage
54%
Upper price band
₹331
Indicative listing price
₹511

During the recorded period, Millworks Technologies IPO GMP ranged from ₹140 to ₹180. The latest GMP is ₹180, up from ₹150.

Millworks Technologies IPO GMP trend (day-wise) 3 observations
Day-wise recorded GMP observations for Millworks Technologies IPO
Date & time GMP Change GMP % Indicative price
₹180 +₹30 54% ₹511
₹150 +₹10 45% ₹481
₹140 42% ₹471

Millworks Technologies IPO Essentials

Millworks Technologies IPO Details

Millworks Technologies IPO is priced at ₹315-331 per share with a total issue size of 160.34 crore. The IPO has a lot size of 400 shares and will be listed on BSE SME.

Issue price
₹315-331 per equity share
Lot size
400 shares
Face value
₹10 Per Equity Share
Issue size
48,44,000 shares(agg. up to ₹160.34 Cr)
Total issue size
48,44,000 shares
(aggregating up to ₹160.34 crore)
Fresh issue
48,44,000 shares
(aggregating up to ₹160.34 crore)
Listing at
BSE SME
Listing date
Registrar
Purva Sharegistry (India) Pvt.Ltd.
Lead manager
GYR Capital Advisors Pvt.Ltd.

Market Lot Size

Investors can bid for a minimum of 800 shares and in multiples thereof. The following table depicts the minimum and maximum investment by Individual Investors and HNI in terms of shares and amount.

Application Lots Shares Amount
Individual (min) 2 800 ₹2,64,800
Individual(max) 2 800 ₹2,64,800
sHNI(min) 3 1,200 ₹3,97,200
sHNI(max) 7 2,800 ₹9,26,800
bHNI(min) 8 3,200 ₹10,59,200

Millworks Technologies IPO Documents

Millworks Technologies IPO Analytics

Millworks Technologies Valuations

Fundamentals

Market Cap
Cr.

Data sourced from DRHP / RHP • For educational purposes only

Millworks Technologies Financials( In Crs.)

30-Nov-25 31-Mar-25 31-Mar-24 31-Mar-23
Assets 115.83 40.84 10.64 3.79
Revenue 68.02 22.42 9.40 1.78
Profit After Tax 20.50 5.25 1.95 0.33
Net Worth 56.82 23.32 2.33 0.38
Reserves & Surplus 56.76 23.26 2.28 0.33
Total Borrowing 16.67 9.63 4.57 2.30

Millworks Technologies Company & Offer Insights

About Millworks Technologies

Millworks Technologies Ltd. is an organization that specializes in precision engineering services with regard to manufacturing of high accuracy machined parts, sheet metal parts, and assemblies for critical operations in the rail, aerospace, defence, and semiconductor industry sectors.

Business Verticals:
Aerospace - Precision engineered machined parts and sub assemblies for aero engine application.
Defense - Machined components and sub assemblies like Missile Air Frame Components, Housing for Guidance System, Brackets and Mounts, Hydraulic Cylinders, etc.
Railway - Precision engineered machined components for use in train controls and railway infrastructure as well as Train & Metro door mechanism parts, Door Actuators, etc.
Semiconductor Machinery - Precision engineered machined components for semiconductor machinery and test equipment applications such as Machine Base Frames, Brackets and Mounts, Alignment Plates, Housing of Equipment, etc.

As of November 30, 2025, there are four modern manufacturing units of the company located in Bengaluru, Karnataka. The modern manufacturing units have state-of-the-art infrastructure which includes machining centers of three-axis, four-axis, and five-axis type, CNC turning and turning-milling centers, wire electrical discharge machining (EDM) machine, fiber laser cutting machine, CNC press brake, and weld and assemble stations.

Millworks Technologies Promoter(s)

Sridhar Acharya, H K Madhu, Sowmya Madhu, Rashmi Sridhar Acharya are the company's promoters of Millworks Technologies.

Millworks Technologies IPO Issue Objectives

Funding capital expenditure of our company to purchase Plant and Machinery
Funding the working capital requirements of the company
General Corporate Purposes

Contact Information

Contact Details

Millworks Technologies

+91 9187045959

cs@millworksindia.com

https://millworksindia.com/

No.458/1, 10th a Cross, Phase-4, Peenya Industrial Area, Peenya Small Industries, Bangalore Urban, Karnataka, 560058

Registrar Contact Details

Purva Sharegistry (India) Pvt.Ltd.

022-41343255

newissue@purvashare.com

https://www.purvashare.com/investor-service/ipo-query

Frequently Asked Questions

Click any question to reveal the answer

Millworks Technologies IPO is a book-built IPO worth ₹160.34 crore. The price band is ₹315–₹331 per share. The IPO opens on Jul 14, 2026 and closes on Jul 16, 2026. It will be listed on BSE SME Platform. Purva Sharegistry (India) Pvt. Ltd. is the registrar.

The price band of Millworks Technologies IPO is ₹315 to ₹331 per share.

The lot size of Millworks Technologies IPO is 400 shares.

The minimum investment for Millworks Technologies IPO is approximately ₹2,64,800 based on the upper price band .

Millworks Technologies IPO opens on Jul 14, 2026 and closes on Jul 16, 2026.

The allotment date of Millworks Technologies IPO is Jul 17, 2026.

Millworks Technologies IPO is expected to be listed on Jul 21, 2026, on BSE SME Platform.

Millworks Technologies IPO GMP today is ₹180 per share (a 54% premium over the ₹331 upper price band) as of 8 Jul 2026, 9:15 AM IST. The indicative listing price is ₹511 (₹331 upper price band + ₹180 GMP). GMP rose ₹30 from the previous recorded quote.

Millworks Technologies IPO valuation snapshot: P/E N/A, EPS ₹/-, P/B N/A, RoNW %, and market cap Cr.

To apply for Millworks Technologies IPO, open the IPO Ji app or website, select the IPO, choose your demat account, enter the quantity, and submit the application.

You can check the live subscription status of Millworks Technologies IPO on IPO Ji or stock exchange websites. It shows real-time demand across retail, NII, and QIB categories.

Pre-apply allows investors to submit their IPO application before the bidding period starts. The order is placed automatically when the IPO opens.

If you pre-apply for Millworks Technologies IPO, your order will be placed when the IPO bidding starts, and a UPI mandate request will be generated.

You can check Millworks Technologies IPO allotment status on the registrar or stock exchange websites using your PAN or application number after allotment. You can also check the Millworks Technologies IPO allotment status on IPO Ji for quick and easy access.