🔥 Trending Millworks Technologies Limited IPO: Key Details and Market Debut

Millworks Technologies Limited, an engineering company specializing in high-accuracy machined components, sheet metal parts, and integrated assemblies for various industries including railways, aerospace, defense, and semiconductors, recently launched its Initial Public Offering (IPO) ². The IPO aimed to raise capital for business expansion, technology enhancement, working capital requirements, and other general corporate purposes ⁸.

Key Details of the Millworks Technologies IPO

The IPO was a significant event for the company, making its debut on the BSE SME platform ⁹.

Issue Dates and Price

The IPO opened for subscription on July 15, 2026, and closed on July 18, 2026 ¹⁷. The price band for the equity shares was set between ₹315 and ₹331 per equity share ⁶. The issue price was fixed at ₹331 per equity share, which included a securities premium of ₹321 per share ³.

Issue Size and Structure

The IPO comprised an entirely fresh issue of up to 4,844,000 equity shares with a face value of ₹10 each ³. The total issue size amounted to ₹160.34 crore ⁹.

Lot Size and Minimum Investment

Investors could bid for a minimum of 400 shares, which constituted one lot ⁶. The minimum investment required for the IPO was ₹132,400 (400 shares * ₹331 per share) ⁴⁶.

Listing and Allotment

The shares of Millworks Technologies Limited were set to debut on the stock market on Tuesday, July 21, 2026, on the BSE SME platform ⁹. The allotment status could be checked through various platforms ⁴¹⁰.

Grey Market Premium (GMP)

Ahead of its listing, the Grey Market Premium (GMP) for Millworks Technologies shares showed strong activity, indicating expectations of a significant listing gain. Reports suggested a potential listing gain of 120% ⁹.

Company Overview

Millworks Technologies Ltd. is recognized for its expertise in designing and manufacturing precision components and assemblies. Its client base spans critical sectors, highlighting its role in advanced engineering and manufacturing ². The funds raised from the IPO are intended to support the company's growth trajectory and strategic initiatives ⁸.