Millworks Technologies IPO
Price Band
₹315 – ₹331
Issue Size
₹160.34 Cr
Lot Size
400 shares
Min ₹2,64,800
Issue Dates
14 Jul – 16 Jul 2026
Listing Date
21 Jul 2026
About Millworks Technologies Ltd.
Millworks Technologies Ltd. is a precision engineering company specializing in the manufacture of high-accuracy machined components, sheet metal parts, and integrated assemblies for mission-critical applications across the railways, aerospace, defence, and semiconductor industries. The company operates under Build-to-Print (BTP) and Build-to-Spec (BTS) manufacturing models and has four advanced manufacturing facilities in Bengaluru equipped with CNC machining centers, CNC turning and turn-mill centers, wire EDM machines, fibre laser cutting systems, CNC press brakes, welding stations, and assembly and inspection facilities.
IPO Details
| Price Band | ₹315 – ₹331 |
| Face Value | ₹10 |
| Lot Size | 400 shares(Min ₹2,64,800) |
| Issue Size | ₹160.34 Cr |
| Fresh Issue | ₹160.34 Cr |
| Listed On | BSE |
Objects of the Issue
Funding capital expenditure for purchase of plant and machinery, funding working capital requirements, and general corporate purposes.
Key Financial Metrics
EPS (Basic)
₹17.45
P/E Ratio
18.96x
ROE
69.94%
ROCE
56.44%
Debt / Equity
0.21
Financial Performance
| Particulars (₹ Cr) | FY25 |
|---|---|
| Revenue | 22.42 |
| EBITDA | 7.89 |
| PAT | 5.25 |
| Total Assets | 40.84 |
| Net Worth | 23.32 |
| Total Borrowings | 9.63 |
Valuation
Market Capitalisation
P/E Ratio
Promoter Holding
Public Holding
Lot Size & Allocation
Investment by Category
| Category | Lot Size | Min Investment | Max Investment |
|---|---|---|---|
| Retail (RII) | 2 × 400 | ₹2,64,800 | ₹2,64,800 |
Reservation / Allocation
| Category | Allocation | Cut-off |
|---|---|---|
| QIB (Qualified Institutional Buyers) | 50% | No |
| NII (Non-Institutional Investors) | 15% | No |
| RII (Retail Individual Investors) | 35% | Yes |
| Employee Quota | 0% | No |
Registrar & Lead Managers
Registrar
Lead Managers (1)
Important Dates
Community Discussion
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