About Millworks Technologies Limited
Precision Engineering / Aerospace & Defence Components
Bengaluru-based precision engineering manufacturer of machined components and assemblies for aerospace; defence; railways and semiconductor sectors
Millworks Technologies Limited
Upcoming
BSE SME
ABOUT COMPANY
BSE SME / Precision Engineering / Aerospace & Defence Components - Bengaluru-based precision engineering manufacturer of machined components and assemblies for aerospace; defence; railways and semiconductor sectors
PRICE BAND
Rs 315 - 331
LOT SIZE
400
Shares
MIN INVEST
Rs 1.3L
CUT-OFF
Rs 331
per share
Open
14 Jul 2026
Last Day
16 Jul 2026
Allotment
17 Jul 2026
Listing
21 Jul 2026
Est. Listing Price
GMP BasedRs 563
Issue Price + GMP (Dynamic)
Est. Profit (1 Lot)
GMP Based+Rs 92,800
+70.1% (400 shares)
IPOGyani AI Engine - Live Prediction
+113.0%
Range: +109.0% to +117.0%
Confidence: High - 92%
Confidence Score - 92%
📈 GMP Trend⚓ Anchor Quality🧠 Sentiment 92/100📊 Sub 0x🏭 Precision Engineering / Aerospace & Defence Components
Next refresh: --:---Updated: --:-- IST-Model: IPOGyani v2.1
Live Subscription Tracker
Real-time subscription data
Subscription data will appear when IPO opens
Current IPO Status: upcoming
Issue Details
Total Issue Size
Rs 160 Cr
Price Band
Rs 315 - 331
Issue Size for Retails
Rs 51.21 Cr
= Total Issue Size × Retail Quota % / 100
= Rs 160.34 Cr × 31.94% / 100
Fresh Issue vs OFS
Fresh Issue
Rs 160.34 Cr (100%)Basic Details
IPO Date
14 Jul 2026 - 16 Jul 2026Listing Date
21 Jul 2026Lot Size
400 SharesMin Investment
Rs 1,32,400Listing At
BSE SMEReservation Quota
QIB
45.61%
Retail
31.94%
NII
13.7%
Lead Manager
GYR Capital Advisors Private Limited
Registrar
Purva Sharegistry (India) Private Limited
Objects of the Issue (as per DRHP)
- 1Funding capital expenditure to purchase plant and machinery (₹61.03 Cr)
- 2Funding working capital requirements of the company (₹81.50 Cr)
- 3General corporate purposes
Key Performance Indicator (KPI)
| KPI | Mar 31, 2025 | Mar 31, 2026 |
|---|---|---|
| ROE | NA | 69.94% |
| ROCE | 23.03% | 56.44% |
| Debt/Equity | 0.41 | 0.21 |
| RoNW | 22.52% | 44.83% |
| PAT Margin | 23.76% | 24.91% |
| EBITDA Margin | 35.18% | 36.71% |
| Price to Book Value | 5.11 | |
| Pre IPO | Post IPO | |
|---|---|---|
| EPS (Rs) | 29.02 | 21.04 |
| P/E (x) | 11.40 | 15.73 |
| Promoter Holding | 65.08% | NA |
| Market Cap | Rs 583.05 Cr. | |
Sridhar Acharya, H K Madhu, Sowmya Madhu, Rashmi Sridhar Acharya
Company Financials
Revenue Growth
584.2% YoY
FY24
Rs 9.4 Cr
FY25
Rs 22.42 Cr
FY26
Rs 153.4 Cr
Other Financial Metrics
EBITDA (FY26)
Rs 56.3 Cr
613.6% YoY
ROE
NA
Return on Equity
ROCE
56.44%
Return on Capital
Debt/Equity
0.21
Low Debt
2-Year CAGR
Revenue CAGR304.0%
Profit CAGR335.9%
P/E Ratio
15.73x
At upper band
Market Cap
Rs 583 Cr
Post issue
MARKET SENTIMENT SCORE
0
50
100
92
Bullish
Based on expert reviews, GMP trends & market signals
Expert Reviews & Opinions
Expert reviews for Millworks Technologies Limited IPO will appear here once available.
Reviews are summarized from YouTubers, analysts, news channels, and brokerage firms using AI.
Official Documents
Prospectus filings and anchor allotment disclosures from SBI Funds Management Limited.
IPO Details
| Open Date | 14 Jul 2026 |
| Close Date | 16 Jul 2026 |
| Allotment Date | 17 Jul 2026 |
| Listing Date | 21 Jul 2026 |
| Issue Type | Book Build Issue |
| Issue Size | Rs 160.34 Cr |
| Fresh Issue | Rs 160.34 Cr |
| OFS | Nil |
| Price Band | Rs 315 - 331 |
| Lot Size | 400 shares |
| Min Investment (Retail) | Rs 1.32L |
| Face Value | Rs 1 per share |
| Listing Exchange | BSE SME |
Company Information
| Company Name | Millworks Technologies Limited Ltd |
| Industry | Precision Engineering / Aerospace & Defence Components |
| Registrar | Purva Sharegistry (India) Private Limited |
| Lead Manager | GYR Capital Advisors Private Limited |
| Market Cap (Upper) | Rs 583 Cr |
| P/E (Upper Band) | 15.73x |
About the Company
Bengaluru-based precision engineering manufacturer of machined components and assemblies for aerospace; defence; railways and semiconductor sectors
Grey Market Premium
Millworks Technologies Limited IPO GMP Today
GMP trend chart and full day-by-day history
Subscription Status
Millworks Technologies Limited IPO Subscription
Live status, allotment chance and day-wise figures
Millworks Technologies Limited IPO - Frequently Asked Questions
9 common questions about this IPO
01.What is the price band of Millworks Technologies Limited IPO?
The price band of Millworks Technologies Limited IPO is Rs 315-331 per share. The lot size is 400 shares per lot, so the minimum retail investment is Rs 1,32,400.02.What is the GMP of Millworks Technologies Limited IPO today?
The current Grey Market Premium (GMP) of Millworks Technologies Limited IPO is Rs 232. GMP is an unofficial market signal and not a guaranteed listing price. IPOGyani updates GMP every 15 minutes from multiple grey-market sources - see the full GMP history and live trend on the dedicated GMP page.03.What is the subscription status of Millworks Technologies Limited IPO?
Millworks Technologies Limited IPO is subscribed 0x overall so far. See the full day-wise category breakup (Retail, NII, QIB) and the live subscription trend on the dedicated subscription page.04.When is Millworks Technologies Limited IPO opening and closing?
Millworks Technologies Limited IPO opens for subscription on 2026-07-14 and closes on 2026-07-16. The allotment is expected on 2026-07-17 and listing on 2026-07-21.05.What is the expected listing gain of Millworks Technologies Limited IPO?
IPOGyani's AI model predicts a listing gain of approximately 113% for Millworks Technologies Limited IPO. The prediction combines subscription velocity, peer-group performance, sector trends and fundamentals. This is an estimate and not investment advice.06.Should I subscribe to Millworks Technologies Limited IPO?
Millworks Technologies Limited IPO is currently 0x subscribed with a GMP of Rs 232 and an AI-predicted listing gain of 113%. Read the full analysis on this page - including expert reviews, peer comparison, financials and subscription pattern - before making any investment decision.07.Who is the registrar of Millworks Technologies Limited IPO?
The registrar of Millworks Technologies Limited IPO is Purva Sharegistry (India) Private Limited. After allotment you can check your status on the registrar's website using your PAN or application number.08.Who are the lead managers of Millworks Technologies Limited IPO?
The lead manager(s) of Millworks Technologies Limited IPO is/are GYR Capital Advisors Private Limited.09.How can I apply for Millworks Technologies Limited IPO?
You can apply for Millworks Technologies Limited IPO via UPI through any SEBI-registered broker (Zerodha, Groww, Upstox, ICICI Direct, HDFC Sky etc.) or through ASBA via your bank's net-banking portal. Select Millworks Technologies Limited, pick the number of lots (400 shares per lot), enter your UPI ID, and approve the mandate before the IPO closes on 2026-07-16.
Disclaimer
IPOGyani is not SEBI registered and does not provide investment advice. All information is for educational purposes only.
AI predictions are probabilistic estimates based on historical data and market trends. Past performance is not indicative of future results.
GMP (Grey Market Premium) data is sourced from various unofficial channels and may not be accurate. Always verify from multiple sources.
Investors should do their own research (DYOR) and consult a SEBI registered advisor before investing.