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Millworks Technologies IPO

IPO GMP

+₹400

+121% expected gain

Price Band

₹315 - ₹331

Lot Size

800 shares

Min Investment

₹2,64,800

Listing Date

July 21, 2026

IPO Details

Issue TypeBook-build Issue
Face Value₹10
Price Band₹315 - ₹331
Lot Size800 shares
Total Issue Size₹160.34 Cr
Fresh Issue₹160.34 Cr
Offer for Sale
Listing AtBSE SME

Subscription Status

How many times each investor category has bid for the issue.

Qualified Institutional (QIB)194.05x
Non-Institutional (NII)159.16x
Retail Individual (RII)215.57x
Total Subscription192.73x

Strengths & Risks

Strengths

  • Review: May Apply

Risks

    Financials

    Restated summary financials for the most recent periods.

    PeriodRevenueProfitAssets
    2023₹184.81₹32.10₹251.58
    2024₹206.45₹34.44₹339.25
    2025₹322.58₹28.13₹455.49
    Dec 2025₹236.50₹38.69₹561.34

    Figures are indicative and restated for presentation.

    Millworks Technologies IPO Review

    Analysis based on live GMP, subscription, and issue details.

    As of today, Millworks Technologies IPO is trading at a grey market premium (GMP) of +₹400 (+121% estimated listing gain), indicating positive market sentiment.

    The IPO has been subscribed 192.73x overall — QIB: 194.05x, NII: 159.16x, Retail: 215.57x.

    Millworks Technologies IPO subscription has closed. The shares are expected to list on July 21, 2026.

    The minimum investment required is ₹2,64,800 for 800 shares (1 lot). Retail investors can apply at cut-off price for the best chance of allotment.

    Key strengths include: Review: May Apply.

    Disclaimer: IPO GMP is indicative and sourced from the grey market. This is not investment advice. Please consult a SEBI-registered advisor before investing.

    Millworks Technologies IPO — Frequently Asked Questions

    What is Millworks Technologies IPO GMP today?

    Millworks Technologies IPO GMP (grey market premium) today is +₹400, suggesting an estimated listing gain of +121%. GMP is indicative and subject to change.

    What is the price band of Millworks Technologies IPO?

    The price band for Millworks Technologies IPO is ₹315 - ₹331 with a lot size of 800 shares. The minimum investment required is ₹2,64,800.

    When is Millworks Technologies IPO allotment date?

    Millworks Technologies IPO allotment is expected to be finalised on July 17, 2026. You can check your allotment status on the registrar's website (Purva Sharegistry (India) Pvt. Ltd.) using your PAN number.

    When will Millworks Technologies IPO list on NSE/BSE?

    Millworks Technologies IPO is expected to list on BSE SME on July 21, 2026.

    How to check Millworks Technologies IPO allotment status?

    To check Millworks Technologies IPO allotment status, visit the registrar's website (Purva Sharegistry (India) Pvt. Ltd.) and enter your PAN number, application number, or DP/Client ID. You can also check on the BSE IPO allotment page at https://www.bseindia.com/investors/appli_check.aspx.

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