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Millworks Technologies IPO
MILLWORKS
Open Date
To be announced
Close Date
To be announced
Price Range
To be announced
Min Investment
To be announced
Lot Size
To be announced
Listing at
NSE/BSE
Issue Size
To be announced
IPO Document
Free Demat with Zero AMC*
+ Free 1st Year AMC
About Millworks Technologies Ltd IPO
Millworks Technologies Ltd. is a precision engineering company engaged in manufacturing high-accuracy machined components, sheet metal parts, and integrated assemblies for industries such as aerospace, defence, railways, and semiconductor equipment. The company specializes in producing mission-critical components that require stringent quality standards and high engineering precision.
Its operations are carried out under both Build-to-Print (BTP) and Build-to-Spec (BTS) models. Under the BTP model, the company manufactures components strictly according to customer drawings and specifications, while the BTS model focuses on delivering products based on the functional and performance requirements of customers. It also undertakes full-scale manufacturing and job-work assignments for a wide range of industrial applications.
The company serves multiple business verticals, including aerospace components for aero engines, defence equipment such as missile and hydraulic system parts, railway components for train control and metro door systems, and precision-engineered parts used in semiconductor manufacturing equipment.
As of November 30, 2025, Millworks Technologies operated four advanced manufacturing facilities in Bengaluru, Karnataka. These facilities are equipped with modern CNC machining centres, wire EDM machines, laser cutting systems, CNC press brakes, welding stations, and dedicated assembly and quality inspection units. The company also had an order book of approximately ?9,594.45 lakh as of January 10, 2026, reflecting healthy business visibility.
Millworks Technologies Ltd. is a precision engineering company engaged in manufacturing high-accuracy machined components, sheet metal parts, and integrated assemblies for industries such as aerospace, defence, railways, and semiconductor equipment. The company specializes in producing mission-critical components that require stringent quality standards and high engineering pre
Millworks Technologies IPO Subscription Breakdown
| Investory Category | Subscription Percentage | Amount Raised (₹ Crores) |
|---|---|---|
| Qualified Institutional Buyers (QIBs) | 50% | 17,59,400 crores |
| Non-Institutional Investors (NIIs) | 15% | 5,27,820 crores |
| Retail Individual Investors (RIIs) | 35% | 12,31,580 crores |
Millworks Technologies IPO Strengths & Weaknesses
Strong expertise in manufacturing complex precision-engineered components across multiple industries.
Advanced manufacturing facilities equipped with modern CNC and automation technologies.
Certified quality management systems ensuring high manufacturing standards.
Long-standing relationships with global customers and a strong export-oriented business.
Dedicated research & development capabilities supported by an experienced management and technical team.
A significant share of revenue comes from a limited number of customers
with few long-term contracts in place.
Intense competition in the global precision engineering industry could affect growth and profitability.
Demand from key end-user industries such as aerospace
defence
railways
and semiconductors directly impacts the company's business performance.
Manufacturing facilities operate on leased premises
and any disruption in lease renewals could impact operations.
Millworks Technologies IPO Important Dates & Issue Details
| Allotment Date | Listing Date | Refund Date |
|---|---|---|
| 17 Jun '28 | 21 Jul '26 | 20 Jun '28 |
| Issue Composition: | |
|---|---|
| Face Value | ₹10 per share |
| Total Issue Size | 35,18,800 shares (aggregating up to ₹2,64,800 crores) |
| Fresh Issue | 4,42,000 shares (aggregating up to ₹44,20,000 crores) |
| Offer for Sale | 0 shares of ₹10 (aggregating up to To be announced) |
| Issue Type | Book Building IPO |
| Post-Issue Shareholding Pattern: | |
|---|---|
| Pre-Issue Shareholding | 65.08 shares |
| Post-Issue Shareholding | 0 shares |
Millworks Technologies IPO Lot Size and Investment Details
| Minimum Lot Size | 400 shares |
| Maximum Lot Size (Retail) | -- |
The lot size of Millworks Technologies ipo has been designed to ensure broad participation while maintaining optimal price discovery.
How to Apply for Millworks Technologies IPO
- Log in to your Choice account
- Select IPO
- Enter the number of lots and your price
- Verify UPI ID
- Complete the transaction on your UPI app
Millworks Technologies IPO Contact & Registrar Details
Contact Details
Address
No458/1 10th A Cross Phase-4 Peenya Industrial Area Bengaluru
Phone Number
Website
Registrar Details
Registrar Name
Purva Sharegistry (India) Pvt.Ltd.
Phone Number
Millworks Technologies Lead Manager(s)
| Book Running Lead Manager(s) |
|---|
| GYR Capital Advisors Pvt Ltd |