If you are tracking the Millworks Technologies IPO GMP, here are the latest updates to help you make an informed investment decision. The Grey Market Premium (GMP) is an unofficial indicator of investor sentiment and can provide an early idea of the expected listing performance. However, investors should always consider company fundamentals before making any investment decision.
The Millworks Technologies IPO is a book-built issue worth ₹160.34 crore, comprising an entirely fresh issue of 0.48 crore equity shares. The IPO opened for subscription on July 14, 2026, and closed on July 16, 2026. The basis of allotment is expected to be finalized on July 17, 2026, while the shares are tentatively scheduled to list on the BSE SME platform on July 21, 2026.
The company has fixed the price band at ₹315–₹331 per share. The IPO lot size is 400 shares. Retail investors are required to apply for a minimum of 2 lots (800 shares), requiring an investment of ₹2,64,800 at the upper price band. For HNI investors, the minimum application size is 3 lots (1,200 shares), amounting to ₹3,97,200.
The Millworks Technologies IPO GMP continues to attract attention among investors looking for potential listing gains. Since GMP is based on unofficial grey market transactions, it may fluctuate daily and should not be considered a guaranteed indicator of listing performance. Evaluating the company's financials, business model, industry outlook, and valuation is equally important before investing.
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