Millworks Technologies Limited
IPO Details
Subscription
Lot Distribution
Reservation
Company Fin.
₹297(89.73%)
Premium (ELP)
Millworks Technologies Limited's is gearing up for its market debut with an Initial Public Offering aggregating 48,44,000 Shares. The fresh issue component of 48,44,000 Shares will bolster the company's balance sheet.
The IPO features a competitive price band of ₹315 to ₹331 per share, with the minimum investment requirement set at 400 shares. This structure aims to attract diverse investor participation across market segments.
The public subscription window is slated to open on Jul 14, 2026 and close on Jul 16, 2026. Following the subscription period, allotment will be finalized on Jul 17, 2026, with the stock listing anticipated on Jul 21, 2026 at the BSE exchange.
Investors can bid starting from the minimum lot size specified for this IPO, and only in multiples of that lot size. The table below shows the minimum and maximum investment for retail investors and HNIs in terms of lots, quantity, and amount.
Millworks Technologies Ltd. is a precision engineering company that manufactures high-accuracy machined components, sheet metal parts, and assemblies used in critical industries like railways, aerospace, defence, and semiconductors. The company supplies parts such as aero-engine components, missile structures, railway system parts, and equipment used in semiconductor machines. It works on both Build-to-Print (as per customer designs) and Build-to-Spec (based on performance needs) models, along with full manufacturing and job-work services. As of November 30, 2025, the company operates four advanced manufacturing facilities in Bengaluru, equipped with modern machinery like CNC machines, laser cutting systems, welding stations, and dedicated assembly and inspection setups.
Note : "Calculations for ‘Shares Offered’ and ‘Total Amount’ are based on the highest price in the issue price band."
The expected premium is based on market buzz and online information. It should not be considered as the actual listing price or valuation. Always refer to the RHP and seek advice from a financial expert before making any investment decisions.
- Precision Engineering Expertise: The company has strong capabilities in manufacturing complex and high-precision components used in aerospace, defence, railways, and semiconductor industries.
- Certified Quality Standards: It follows certified quality management systems that help maintain consistent product quality and meet industry requirements.
- Integrated Manufacturing Facility: The company has a comprehensive manufacturing setup that supports machining, fabrication, assembly, and customized production solutions.
- Customer Concentration Risk: The company depends on a few major customers for a large share of its revenue. Losing any key customer could impact business performance.
- Intense Industry Competition: The precision engineering industry is highly competitive, and the company must continuously maintain quality, technology, and cost efficiency to stay competitive.
- Dependence on Key Industries: Business growth is closely tied to sectors such as aerospace, defence, railways, and semiconductors. A slowdown in these industries may affect demand and revenue.
- Mr. Sridhar Acharya
- Mr. H K Madhu
- Mrs. Sowmya Madhu
- Mrs. Rashmi Sridhar Acharya
Millworks Technologies Limited
Purva Sharegistry India Private Limited