ListedSMEEngineeringMILLWORKS

Millworks Technologies IPO

Millworks Technologies IPO is an SME IPO raising ₹160 Cr at ₹315 – ₹331 a share. It listed on 21 Jul 2026 at ₹629, +90.0% against its issue price of ₹331, and trades at ₹1,125 today (+239.9% since issue). It was subscribed 219× in total.

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₹331

Issue price

₹1,125

Price now

+239.9%

Since issue price

21 Jul 2026

Listed on

219×Subscribed (final) · all exchanges

219.1 times more demand than shares on offer

populated partly populated we hold nothing here — the tab says why

Terms of the issue

The mechanics of what is being sold. Held for every issue we track.

Price band₹315 – ₹331

Cut-off price₹331

Issue size₹160 Cr

Shares per lot400

Minimum application₹1,32,400

Minimum quantity800

Face value₹10

Listing exchangesBSE

ISININE1SRC01010

Bidding hours10:00 – 17:00 IST

Bidding window14 Jul 2026 – 16 Jul 2026

SME

What being an SME issue means here. SME issues list on NSE Emerge or BSE SME. They disclose less than mainboard issues, trade far more thinly, and — by regulation — the minimum application is a full lot worth roughly ₹1–1.5 lakh rather than about ₹15,000. That is why the minimum above is so much larger than for a mainboard issue.

Not here yet

Valuation against the issuer's named peers, what the fresh money funds, and the anchor-investor allocation come from reading the prospectus, which we do for current and upcoming issues — historical issues will not gain them.