Millworks Technologies IPO GMP hints at over 100% listing pop; key details of the SME IPO

Millworks Technologies IPO opens for subscription on July 14, 2026, with a price band of ₹315-331 per share, aiming to raise about ₹160.35 crore through a fresh issue of 48.44 lakh shares. Grey market premium of ₹395 indicates the stock could list at around 119% premium over the issue price on the BSE SME platform. The precision engineering company, which supplies machined components and integrated assemblies to railways, aerospace, defence, and semiconductor sectors, reported FY26 revenue of ₹148.77 crore with 27.47% from exports to nine countries.