Millworks Technologies Ltd. IPO Review 2026: Listing Dates, Allotment, GMP & Overview
Millworks Technologies Limited is a precision engineering company engaged in manufacturing high-accuracy machined components, sheet metal parts, and integrated assemblies for mission-critical applications. The company caters to aerospace, defence, railways, and semiconductor industries through Build-to-Print (BTP) and Build-to-Spec (BTS) manufacturing models.
The company operates four advanced manufacturing facilities in Bengaluru equipped with CNC machining centres, turn-mill centres, wire EDM machines, fibre laser cutting systems, CNC press brakes, welding stations, and dedicated assembly and inspection infrastructure.
Refer to RHP for detailed information.
| IPO Opening Date | July 14, 2026 |
| IPO Closing Date | July 16, 2026 |
| Allotment Date | July 17, 2026 (Tentative) |
| Listing Date | July 21, 2026 (Tentative) |
| Issue Type | Book Built Issue |
| Price Band | ₹315 to ₹331 per share |
| Face Value | ₹10 per share |
| Lot Size | 400 Shares |
| Minimum Retail Investment | ₹2,64,800 (800 Shares) |
| Listing Exchange | BSE SME |
| Total Issue Size | 48,44,000 Shares aggregating up to ₹160.34 Crore |
| Fresh Issue | 48,44,000 Shares aggregating up to ₹160.34 Crore |
| Registrar | Purva Sharegistry (India) Pvt. Ltd. |
| Lead Manager | GYR Capital Advisors Pvt. Ltd. |
Business Segments
- Aerospace: Precision machined components and aero-engine sub-assemblies.
- Defence: Missile airframe components, structural mounts, guidance housings and hydraulic parts.
- Railways: Components for rolling stock, train control systems and metro door mechanisms.
- Semiconductor: Precision components and fixtures used in semiconductor manufacturing equipment.
Competitive Strengths
- Diversified exposure across high-growth strategic industries.
- Advanced manufacturing capabilities with multi-axis CNC infrastructure.
- Strong presence in aerospace and defence precision engineering.
- Capability to execute both Build-to-Print and Build-to-Spec projects.
- Integrated manufacturing and assembly capabilities.
- Experienced technical team and scalable production infrastructure.
IPO Reservation Details
| Total Issue Size | 48,44,000 Shares |
| Market Maker Reservation | 4,24,000 Shares |
| Net Issue to Public | 44,20,000 Shares |
| Pre-Issue Share Capital | 1,27,70,755 Shares |
| Post-Issue Share Capital | 1,76,14,755 Shares |
IPO Allotment & Application Status
Registrar: Purva Sharegistry (India) Pvt.Ltd.
- BSE Bid Status: https://www.bseindia.com/investors/appli_check.aspx
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Frequently Asked Questions (FAQs)
When will the Millworks Technologies IPO open?
The Millworks Technologies IPO opens for subscription on July 14, 2026 and closes on July 16, 2026.
What is the price band of Millworks Technologies IPO?
The IPO price band has been fixed at ₹315 to ₹331 per share.
What is the minimum investment required for Millworks Technologies IPO?
Retail investors need to apply for a minimum of 800 shares amounting to ₹2,64,800 at the upper price band.
Where will Millworks Technologies IPO be listed?
The shares are proposed to be listed on the BSE SME platform.
What does Millworks Technologies do?
Millworks Technologies manufactures precision engineered components and assemblies used in aerospace, defence, railways and semiconductor industries.
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