If you're tracking the latest SME IPOs, the Millworks Technologies IPO GMP is one of the most searched topics among investors. At Finowings, we provide timely IPO updates to help you understand the key details before making an investment decision.
The Millworks Technologies IPO is a book-built issue worth ₹160.34 crore. The entire issue consists of a fresh issue of approximately 0.48 crore equity shares, with no offer-for-sale component. The fresh issue indicates that the funds raised will primarily be used for the company's growth and business expansion plans.
The IPO will open for subscription on July 14, 2026, and close on July 16, 2026. According to the current schedule, the basis of allotment is expected to be finalized on July 17, 2026, while the shares are likely to be listed on the BSE SME platform on July 21, 2026.
The company has fixed the price band at ₹315 to ₹331 per share. Investors should carefully evaluate the company's fundamentals along with the Millworks Technologies IPO GMP before applying. Grey Market Premium (GMP) provides an unofficial indication of market sentiment, but it should not be considered the sole basis for investment decisions.
The lot size for the IPO is 400 shares. Retail investors are required to apply for a minimum of 2 lots (800 shares), which translates into a minimum investment of ₹2,64,800 at the upper price band. For High Net-worth Individuals (HNIs), the minimum application size is 3 lots (1,200 shares), requiring an investment of approximately ₹3,97,200.
Investors following the Millworks Technologies IPO GMP should also keep an eye on subscription numbers, company financials, valuation, and overall market conditions. These factors often play a significant role in determining the listing performance of an IPO.
Stay connected with Finowings for the latest Millworks Technologies IPO GMP, subscription status, allotment updates, listing expectations, and expert IPO analysis. We regularly update our IPO coverage to help investors make informed decisions based on reliable market information.
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