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HomeIPOMillworks Technologies

About Millworks Technologies

Millworks Technologies Ltd. is an organization that specializes in precision engineering services with regard to manufacturing of high accuracy machined parts, sheet metal parts, and assemblies for critical operations in the rail, aerospace, defence, and semiconductor industry sectors. Business Verticals: Aerospace - Precision engineered machined parts and sub assemblies for aero engine application. Defense - Machined components and sub assemblies like Missile Air Frame Components, Housing for Guidance System, Brackets and Mounts, Hydraulic Cylinders, etc. Railway - Precision engineered machined components for use in train controls and railway infrastructure as well as Train & Metro door mechanism parts, Door Actuators, etc. Semiconductor Machinery - Precision engineered machined components for semiconductor machinery and test equipment applications such as Machine Base Frames, Brackets and Mounts, Alignment Plates, Housing of Equipment, etc. As of November 30, 2025, there are four modern manufacturing units of the company located in Bengaluru, Karnataka. The modern manufacturing units have state-of-the-art infrastructure which includes machining centers of three-axis, four-axis, and five-axis type, CNC turning and turning-milling centers, wire electrical discharge machining (EDM) machine, fiber laser cutting machine, CNC press brake, and weld and assemble stations.

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Live IPOs

National Stock Exchange of India logo

National Stock Exchange of India

Mainboard
Open  Close17th Sep 2026 - 21st Sep 2026
Issue Size22561.57 Cr
Min. Qty8 Shares
Issue Price₹ 1700.00
Live IPO
Antala Industries logo

Antala Industries

SME
Open  Close29th Oct 2026 - 5th Nov 2026
Issue Size22.98 Cr
Min. Qty2000 Shares
Issue Price₹ 62.00
Live IPO
Companies NameOpen - CloseIssue SizeMin. QtyIssue PriceApply
National Stock Exchange of India logo

National Stock Exchange of India

Mainboard
17th Sep 2026 - 21st Sep 202622561.57 Cr8 Shares₹ 1700.00
Antala Industries logo

Antala Industries

SME
29th Oct 2026 - 5th Nov 202622.98 Cr2000 Shares₹ 62.00
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Millworks Technologies

Millworks Technologies

Open Date

Jul 14, 2026

Close Date

Jul 16, 2026

listed

Min Investment

₹2,64,800

Lot Size

400 Shares

Issue Size

₹160.34 Cr

Price Range

₹315 - ₹315

Listing Date

Jul 21, 2026

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Revenue Growth

Company Valuation

Earning Expansion

The investment checklist helps you understand a company's financial health at a glance and identify quality investment opportunities easily.

₹395(+119.34%)GMP
59.67%Prediction Listing Gain

Grey Market Premium (GMP) Trend

Millworks Technologies IPO - Issue Objectives

The company will use ₹61.03 crore for purchase of plant and machinery. The company will use ₹81.50 crore for working capital requirements of business. Part of the IPO proceeds will be used for general corporate purposes and issue expenses

Capital Expenditure

38.1%

Working capital

50.8%

General corporate purposes

11.1%

1

Capital Expenditure

The company will use ₹61.03 crore for purchase of plant and machinery.

38.10%
2

Working capital

The company will use ₹81.50 crore for working capital requirements of business.

50.80%
3

General corporate purposes

Part of the IPO proceeds will be used for general corporate purposes and issue expenses

11.10%

IPO Subscription Status

QIB
194.05x
NII
261.01x
Individual
216.60x
Total
219.68x

Times subscribed by category (bars capped at 10x for readability). Dashed line marks 1.0x (fully subscribed).

Financials of Millworks Technologies

In Cr.

Contact Details

Millworks Technologies

No.458/1, 10th a Cross, Phase-4, Peenya Industrial Area, Peenya Small Industries, Bangalore Urban, Karnataka, 560058

+919187045959
cs@millworksindia.com
https://millworksindia.com/

Millworks Technologies IPO - FAQs

Millworks Technologies IPO is a SME IPO. The issue is priced at 315-₹331. The minimum order quantity is 400 Shares. The IPO opens on 14 Jul, and closes on 16 Jul. TBA is the registrar for the IPO. The shares are proposed to be listed on SME.








IPO Timeline

  • Pre Apply2026-07-13
  • Bidding Starts2026-07-14
  • Bidding Ends2026-07-16
  • Allotment Finalisation2026-07-17
  • Release of Funds2026-07-20
  • Demat Transfer2026-07-20
  • Listing2026-07-21