Millworks Technologies IPO Allotment Status: Steps to Verify Status & Key Issue Details

17 July 2026
2 min read
whatsapp
facebook
copyToClipboard

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.

Procedure to Check Millworks Technologies IPO Allotment Status Online on BSE

  • Click here to visit the application status page. 
  • In Issue Type, select “Equity”.
  • In Issue Name, select "Millworks Technologies Limited”.
  • Enter your “Application No. or PAN No.”
  • Enter the given Captcha correctly.
  • Click “Submit”.

Procedure to Check Millworks Technologies IPO Allotment Status on Purva Sharegistry (Registrar to the Issue)

  • Visit Purva Sharegistry’s IPO allotment status page here.
  • In Select Company, choose "MILLWORKS TECHNOLOGIES LIMITED”.
  • Enter any of the following details.
    • App. No.
    • PAN No.
  • Click “Search”.

Millworks Technologies IPO - Issue Details

  • Issue Type: Book-Built Issue (Fresh Issue Only)
  • Total Issue size: Up to ₹160.34 crore
  • Fresh Issue: Up to ₹160.34 crore
  • Offer for Sale (OFS): Not Applicable
  • Face Value: ₹10 per share
  • Price Band: ₹315 to ₹331 per share
  • Lot Size: 400 shares
  • Minimum Investment Amount (Retail Investor): ₹2,64,800 (800 shares at the upper price band)
  • Book Running Lead Managers: GYR Capital Advisors Private Limited
  • Registrar: Purva Sharegistry India Private Limited
  • Listing: BSE SME

Millworks Technologies IPO Overall Subscription Status

[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

Utilisation of Millworks Technologies IPO Proceeds

The Company will utilise the net proceeds from the Fresh Issue towards the following purposes:

  • Funding capital expenditure requirements of the company to purchase plant and machinery.
  • Funding the working capital requirements of the company.
  • General Corporate Purposes.

Check out newly listed IPOs on BSE and NSE.

About Millworks Technologies Limited 

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.

Key Financial Highlights

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

Disclaimer: This news is solely for educational purposes. The securities/investments quoted here are not recommendatory.

To read the RA disclaimer, please click here.

Do you like this edition?