Millworks Technologies Ltd IPO opens July 14, 2026, closes July 16, 2026, and lists on July 21, 2026 on BSE SME. Price band: ₹315-₹331, lot size 400 shares (₹2,64,800 minimum). Latest GMP: +₹297 as of July 17, 2026, implying an estimated listing around ₹628 (89.7% above the ₹331 issue price). Subscribed 219.54x overall.
As of July 17, 2026, the grey market premium (GMP) for Millworks Technologies IPO is +₹297, implying an estimated listing price of ₹628 — a 89.7% premium to the ₹331 upper price band. GMP is an unofficial grey-market signal, not a SEBI-regulated price, and can move sharply before the July 21, 2026 listing.
✓Blockbuster demand: final subscription 219.54x overall (QIB 194x, NII 260x, retail 217x)
✓Serves aerospace, defence, railways and semiconductor customers under Build-to-Print/Build-to-Spec models — high entry barriers
✓Predominantly a fresh issue, so most proceeds fund company growth rather than promoter exit
⚠SME platform — lower disclosure, minimum public float and liquidity standards than mainboard
⚠GMP implies a very rich ~90%+ pre-listing premium, raising post-listing volatility/correction risk
⚠Small free float typical of SME issues, which amplifies price swings
About Millworks Technologies Ltd
Millworks Technologies Ltd manufactures high-accuracy machined components, sheet metal parts and integrated assemblies under Build-to-Print and Build-to-Spec engagement models, serving aerospace, defence, railways and semiconductor customers. The issue is predominantly a fresh issue of equity shares.
What is the Millworks Technologies Ltd IPO subscription status?
As of July 17, 2026, Millworks Technologies IPO is subscribed 219.54x overall — QIB 194.05x, NII 260.37x, retail 216.60x. Strong QIB demand alongside a positive GMP is a more reliable signal than GMP alone.
Overall Subscription219.54x
QIB (Institutional)194.05x
NII (HNI)260.37x
Retail216.60x
How to apply for Millworks Technologies IPO
You apply for any IPO through a demat and trading account using UPI or ASBA during the bidding window. If you don't have one yet, you can open a demat account online in a few minutes. Some investors also keep a second demat account to submit an additional application under a different PAN in the household and improve allotment odds.
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How to check Millworks Technologies Ltd IPO allotment status
Millworks Technologies IPO allotment is expected on July 17, 2026. To check: open the registrar (Purva Sharegistry (India)), select “Millworks Technologies IPO”, and enter your PAN, application number, or DP/Client ID. Refunds for unallotted applications begin July 20, 2026; shares are credited to demat by July 20, 2026.
Millworks Technologies IPO is scheduled to list on BSE SME on July 21, 2026. Based on the current grey market premium of ₹297, the estimated listing price is around ₹628 (89.7% gain versus the ₹331 upper price band). GMP is unofficial and can move sharply in the final days before listing.
Frequently Asked Questions
What is the Millworks Technologies Ltd IPO GMP today?
As of July 17, 2026, the grey market premium (GMP) for Millworks Technologies IPO is ₹297, implying an estimated listing around ₹628 (89.7% over the ₹331 upper price band). GMP is an unofficial, unregulated grey-market signal and can change sharply before listing.
What is the Millworks Technologies Ltd IPO subscription status?
Millworks Technologies IPO was subscribed 219.54x overall (QIB 194.05x, NII 260.37x, retail 216.60x). Subscription is a stronger demand signal than GMP alone — strong QIB subscription combined with positive GMP is the most reliable indicator.
When is Millworks Technologies Ltd IPO allotment date and how do I check it?
Millworks Technologies IPO allotment is expected on July 17, 2026. Check your allotment on the registrar's site (Purva Sharegistry (India), https://www.purvashare.com/investor-service/ipo-query) using your PAN, application number, or DP/Client ID. Refunds begin July 20, 2026 and shares are credited to demat by July 20, 2026.
When is Millworks Technologies Ltd IPO listing date?
Millworks Technologies IPO is scheduled to list on BSE SME on July 21, 2026.
What is the lot size and minimum investment for Millworks Technologies Ltd IPO?
The lot size is 400 shares and the minimum retail investment is ₹2,64,800 at the upper price band of ₹315-₹331.
Should I apply to the Millworks Technologies Ltd IPO?
This is not investment advice. Positives: Blockbuster demand: final subscription 219.54x overall (QIB 194x, NII 260x, retail 217x). Risks: SME platform — lower disclosure, minimum public float and liquidity standards than mainboard. Weigh GMP, subscription, valuation and use of proceeds together, and read the RHP before applying.
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