Millworks Technologies shares set for stock market debut today; GMP hints at 120% listing gain

Millworks Technologies is set to debut on the stock markets today with a grey market premium of about Rs 395, suggesting a potential listing price of nearly Rs 726 per share, around 120 percent above the IPO upper price band of Rs 331. The Bengaluru-based precision engineering firm's SME IPO was subscribed over 219 times overall, with retail portion subscribed more than 216 times and NII category exceeding 260 times. For FY26, the company reported revenue of Rs 148.77 crore, EBITDA of Rs 56.30 crore and PAT of Rs 37.06 crore, serving sectors such as aerospace, defence, railways and semiconductors.