Millworks Technologies SME IPO opens today; GMP surges 120% ahead of subscription

Millworks Technologies SME IPO opens on July 14, 2026, to raise Rs 160.33 crore through a book-built issue of up to 48.44 lakh shares priced between Rs 315 and Rs 331. The grey market premium has surged 120 percent ahead of subscription, reflecting strong investor interest. The Bengaluru-based precision engineering company, which serves aerospace, defence, railways, and semiconductor sectors, reported FY26 revenue of Rs 148.77 crore, EBITDA of Rs 56.30 crore, and PAT of Rs 37.06 crore.