SME • IPO

Millworks Technologies IPO (Bse Sme) IPO

Minimum Investment

₹132,400

Price Range

₹315 to ₹331

Lot Size

400 shares

Issue Size

₹160 Cr

About the Company

Millworks Technologies Ltd. is a precision engineering company specializing in the manufacture of high-accuracy machined components, sheet metal parts, and integrated assemblies for mission-critical applications across the railways, aerospace, defence, and semiconductor industries.

Issue Type

Bookbuilding IPO

IPO Objectives

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

Important Dates

Bid/Offer Opens On14-07-2026
Bid/Offer Closes On16-07-2026
Finalisation of Basis of Allotment17-07-2026
Initiation of Refunds20-07-2026
Credit of Shares to Demat20-07-2026
IPO Listing Date21-07-2026

IPO Subscription Status

Subscription snapshot as of 16-07-2026 23:55 IST.
Category Offered Shares Applied Shares Times
QIB 884,000 171,536,800 194.05x
NII 663,600 173,207,200 261.01x
NII ( >10 lakh) 442,400 128,648,400 290.80x
NII ( <10 lakh) 221,200 44,558,800 201.44x
Retail 1,547,200 335,120,800 216.60x
Total 3,094,800 679,864,800 219.68x

Grey Market Premium (GMP)

₹400.00 per share

Last updated 17-07-2026 09:44

Registrar

Purva Sharegistry (India) Pvt.Ltd.

Lead Managers

  • GYR Capital Advisors Pvt.Ltd.

Company Promoters

  • Sridhar Acharya
  • H K Madhu
  • Sowmya Madhu and Rashmi Sridhar Acharya