Millworks Technologies Limited
ListedSMEIndustrials · BSE
Millworks Technologies Ltd. is a precision engineering company that manufactures high-accuracy machined components, sheet metal parts, and assemblies used in critical industries like railways, aerospace, defence, and semiconductors. The company supplies parts such as aero-engine components, missile structures, railway system parts, and equipment used in semiconductor machines. It works on both Build-to-Print (as per customer designs) and Build-to-Spec (based on performance needs) models, along with full manufacturing and job-work services. As of November 30, 2025, the company operates four advanced manufacturing facilities in Bengaluru, equipped with modern machinery like CNC machines, laser cutting systems, welding stations, and dedicated assembly and inspection setups.
Price Band
₹315 – ₹331
Issue Size
₹484.40 L Cr
Lot Size
400 shares
GMP
₹335
+101.2%
Est. Listing
₹666
at current GMP
Subscribed
219.68x
overall
Open
14 Jul 2026
Close
16 Jul 2026
Allotment
17 Jul 2026
Refund
18 Jul 2026
Demat Credit
19 Jul 2026
Listing
21 Jul 2026
Last updated 2 months ago
Overall Subscription
219.68x
Total Demand
QIB Multiplier
194.05x
Institutions & Funds
NII / HNI
261.01x
High Net-Worth
Retail (RII)
216.60x
Individual Bidders
Category-Wise Subscription Breakup
Live bidding breakdown by institutional, non-institutional, and retail investors
| Category | Shares Offered | Shares Applied / Bid | Times Subscribed |
|---|---|---|---|
| QIB | 884,000 | 171,536,800 | 194.05x |
| NIB | 663,600 | 173,207,200 | 261.01x |
| HNIs(10L +) | 442,400 | 129,206,800 | 292.06x |
| HNIs (2-10L) | 221,200 | 44,558,800 | 201.44x |
| RETAIL | 1,547,200 | 335,120,800 | 216.60x |
| Total | 3,758,400 | 853,630,400 | 219.68x |
Application-Wise Breakup
Total unique applications received across retail and HNI tranches
| Category | Applications Reserved | Applications Received | Times Subscribed |
|---|---|---|---|
| QIB | — | 182 | 0.00x |
| NIB | — | 70,696 | 0.00x |
| RETAIL | 1,934 | 418,901 | 216.60x |
| EMPLOYEES | — | — | 0.00x |
| HNIs(10L +) | 369 | 36,418 | 98.69x |
| HNIs (2-10L) | 184 | 34,278 | 186.29x |
| Shareholder | — | — | 0.00x |
| Total Applications | 2,487 | 560,475 | 225.36x |
Day-Wise Subscription Progress
About Millworks Technologies Limited Public Issue & Market Profile
Millworks Technologies Limited is bringing an initial public offering (IPO) in the Industrials sector with an aggregate issue size of ₹48,44,000 Crores. The shares are offered at a price band of ₹315 to ₹331 per equity share on BSE. Currently, grey market participants and retail investors are watching the bidding trend, premium movement, and anchor book demand with keen interest.
Bidding & Quota Instructions:
Prospective investors can apply in the retail quota with a minimum of 1 lot comprising 400 shares (approx. ₹1,32,400 minimum investment). High net-worth individuals (HNI/NII) can bid in the sHNI (₹2 Lakh to ₹10 Lakh) or bHNI (above ₹10 Lakh) categories for enhanced quota allocation.
Allotment Reconciliation Schedule:
Allotment reconciliation will be managed by Purva Sharegistry India Private Limited. Eligible allottees will receive credit of equity shares into their Demat accounts by 2026-07-19, while un-allotted funds or UPI block mandates will be released on 2026-07-18.
Frequently Asked Questions
What is the issue size and price band for Millworks Technologies Limited IPO?
The Millworks Technologies Limited IPO aggregate issue size is ₹48,44,000 Crores with an equity price band set at ₹315 to ₹331 per equity share. The retail lot size is 400 shares requiring a minimum capital outlay of approx. ₹1,32,400.
How can I check Millworks Technologies Limited IPO live subscription demand?
Live subscription figures are compiled real-time from the NSE and BSE bidding engines. You can track QIB, NII/HNI, and Retail category multiples directly on our dedicated live subscription page.
Where will Millworks Technologies Limited IPO allotment status be published?
The basis of allotment will be published on the official registrar portal (Purva Sharegistry India Private Limited) and the BSE status verification website on or around 2026-07-17.