Millworks Technologies IPO Price Band & Lot Size
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Millworks Technologies IPO Details
Millworks Technologies Financials ₹ in crore
| ₹ crore | 2024 | 2025 | 2026 |
|---|---|---|---|
| Revenue | ₹9.4 | ₹22.42 | ₹153.4 |
| Expenses | ₹7.02 | ₹15.33 | ₹103.1 |
| Net profit (PAT) | ₹1.95 | ₹5.25 | ₹37.06 |
| PAT margin | 20.7% | 23.4% | 24.2% |
| Total assets | ₹10.54 | ₹39.82 | ₹198.37 |
Millworks Technologies IPO Lot Size & Minimum Investment by investor category
| Application | Shares | Amount at ₹331 |
|---|---|---|
| Individual investor (min)minimum application | 800 | ₹2,64,800 |
The minimum application is 800 shares, ₹2,64,800 at the ₹331 cut-off. Since 1 July 2025 SME issues take a minimum application of ₹2,00,000 or more from individual investors; the HNI minimum is set in the RHP. Amounts are shown at the upper band because applications are made at the cut-off price.
Millworks Technologies IPO Strengths & Risks as disclosed in the DRHP
How to check Millworks Technologies IPO allotment status
Allotment is decided and published by the issue’s registrar, not by the exchange and not by alphave. For Millworks Technologies Limited, the registrar is Purva Sharegistry India Private Limited — allotment is finalised in the days between the issue closing on 16 Jul 2026 and listing on 21 Jul 2026.
Allotment and refund dates follow SEBI’s T+3 listing timeline in trading days and are tentative until the registrar and the exchange confirm them. alphave does not hold allotment results — only the registrar can show whether an application was allotted.
The registrar publishes allotment on its own portal: Purva Sharegistry. Your bank will also show the blocked amount released if shares were not allotted.
Millworks Technologies IPO Price Band & Lot Size FAQs
What is the price band of Millworks Technologies IPO?
The Millworks Technologies Limited IPO price band is ₹315 to ₹331 per share. Applications are made at the cut-off price, which is the upper end of the band.
What is the lot size of Millworks Technologies IPO?
One lot is 800 shares, so a single application at the ₹331 cut-off costs ₹2,64,800. One lot already exceeds the ₹2,00,000 retail limit, so this issue can only be applied for in the HNI category.
What is the minimum investment in Millworks Technologies IPO?
₹2,64,800 — one lot of 800 shares at ₹331. Bids in the non-institutional category start above ₹2,00,000 and are made in multiples of the lot.
Is Millworks Technologies IPO a mainboard or SME issue, and on which exchange?
Millworks Technologies Limited is an SME issue listing on BSE SME. SME issues have a larger minimum lot and trade on the exchange's SME platform after listing. The lead manager is GYR CAPITAL ADVISORS PRIVATE LIMITED.
What is the issue size of Millworks Technologies IPO?
The issue size is ₹160.34 crore, of which ₹160.34 crore is a fresh issue.
Millworks Technologies IPO Registrar where allotment and refund queries go
The registrar processes the allotment and the refunds. Contact details are as printed in the offer document; the exchange and your broker cannot change an allotment.
How to Apply for the Millworks Technologies IPO ASBA and UPI, as SEBI sets them
- Apply through your broker’s IPO window or your bank’s net banking (ASBA). The money stays in your own account and is only blocked until allotment.
- Choose the number of lots and bid at the cut-off price. SME issues take a minimum application of two lots, so the smallest valid bid is the amount shown in the lot table above.
- If you applied through a broker, approve the UPI mandate in your payment app. The mandate must be approved by 5 pm on the day after your bid, and by 5 pm on the closing day for bids made on the last day (16 Jul 2026).
- One application per PAN. A second application under the same PAN is rejected, and both may be.
- After allotment the blocked amount is released for shares not allotted. Allotment and refund queries go to the registrar, Purva Sharegistry India Private Limited, not to the exchange or the broker.
What is GMP in an IPO?
Grey Market Premium is the price at which an unlisted IPO application or share changes hands informally, before the stock is listed on the exchange. It is quoted as a rupee figure over the issue price: a premium of ₹395 on a ₹331 upper band means the grey market is dealing at ₹726.
The grey market is an over-the-counter market between private dealers. It is not operated or supervised by NSE, BSE or SEBI, no trade is settled through a clearing corporation, and no dealer is obliged to publish or honour a quote. Figures are collected by third-party reporters and different sources routinely disagree, which is why a premium can move sharply within a day or vanish entirely once bidding closes.
Grey Market Premium is an unofficial, unregulated over-the-counter datapoint reported by third parties. It is not a price, a forecast, or an indication of listing gains, and is not investment advice.