Millworks Technologies IPO

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Millworks Technologies IPO Details

  • Bidding Date

    14-Jul-2026 to
    16-Jul-2026

  • Issue Size

    ₹422.71 Cr

  • Price Band

    ₹315 to ₹331

  • Allotment date

    17-Jul-2026

  • Listing date

    To be updated

  • Lot size

    400

  • No. of shares

    1,27,70,755

  • Fresh issue/OFS

    ₹160.34 Cr /--

About Millworks Technologies Company

Millworks Technologies Limited, incorporated in 2021 and based in Bengaluru, is an AS9100D-certified precision engineering company that has expanded from its initial focus on machined components into a broader manufacturing platform serving aerospace, defence, rail transport, semiconductor, drones, and instrumentation applications. Its core business centers on precision CNC-machined parts, sheet-metal components, sub-assemblies, and assemblies, with additional capabilities in hot and cold forging, pressure, investment, and gravity die casting, as well as gaskets, fasteners, and brass products, reflecting a move toward more integrated component supply over time. The company’s expertise lies in high-accuracy manufacturing for demanding industrial environments, supported by advanced CNC turning, milling, wire EDM, laser cutting, and bending equipment, along with process controls designed for complex, specification-driven work. Millworks positions itself as a reliable technical partner for OEMs and industrial customers, emphasizing precision, repeatability, and product performance while addressing the quality and reliability requirements of regulated, high-spec sectors.

Subscription Status

  • Category

    Status

  • QIBs

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  • NIIs

    --

  • Retail

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  • Others

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  • Total

    --

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Recent IPOs

Name Price Band (Rs) Bidding Date
Sotefin Bharat 178 - 187 16-Jul-2026 to 20-Jul-2026
SBI Funds Management 545 - 574 14-Jul-2026 to 16-Jul-2026
Millworks Technologies 315 - 331 14-Jul-2026 to 16-Jul-2026
Alpine Texworld 100 - 105 14-Jul-2026 to 16-Jul-2026
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FAQs for Millworks Technologies IPO.

The issue size of Millworks Technologies is ₹422.71 Cr.

Millworks Technologies falls into Defence & Aerospace industry.

The open and close dates for the Millworks Technologies are 14-Jul-2026 & 16-Jul-2026.

The price band for the Millworks Technologies ipo is ₹315 to ₹331

The purpose of this IPO is to raise fresh capital.

Key financial of the Millworks Technologies are:


Millworks Technologies FY-25 FY-24 FY-23
Revenue (₹ Cr) 22.1 9.39 1.77
EBIT (₹ Cr) 7.45 2.68 0.45
Proft after Tax (₹ Cr) 5.25 1.95 0.33
Debt (₹ Cr) 9.63 4.57 2.3
Net Worth (₹ Cr) 23.32 2.33 0.38
RoE (%) 22.53 83.86 88.01