The allotment status for the ₹160.34 crore Millworks Technologies IPO is expected to be finalised today, July 17, 2026. Investors can check their allotment status on the official website of the BSE or through the IPO registrar, Purva Sharegistry (India) Private Limited.
Following the completion of the allotment process, the shares of Millworks Technologies are scheduled to be listed on the BSE SME platform on July 21, 2026.
[July 16, 2026, 7:00 PM]
|
Category |
Subscription (x) |
|
Qualified Institutional Buyers (QIBs) |
194.05x |
|
Non-Institutional Investors (NIIs) |
260.37x |
|
Retail Individual Investors (RIIs) |
216.60x |
|
Total |
219.54x |
The Company will utilise the net proceeds from the Fresh Issue towards the following purposes:
Check out newly listed IPOs on BSE and NSE.
Incorporated in November 2021, Millworks Technologies Limited is a precision engineering company that manufactures high-precision components and assemblies for the railway, aerospace, defence, metro rail, drone, and semiconductor industries. The company operates under Build-to-Print (BTP) and Build-to-Spec (BTS) manufacturing models.
As of March 31, 2026, Millworks Technologies operated four manufacturing facilities in Bengaluru, Karnataka, equipped with advanced machining and fabrication equipment. As of April 30, 2026, the company had 161 permanent employees across its manufacturing and corporate functions.
|
Particulars |
FY26 (in ₹ crore) |
FY25 (in ₹ crore) |
FY24 (in ₹ crore) |
|
Revenue from Operations |
148.77 |
22.10 |
9.38 |
|
Profit After Tax |
37.06 |
5.25 |
1.95 |
|
EBITDA |
56.30 |
7.89 |
2.78 |
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