If you are tracking the Millworks Technologies IPO GMP, here are the latest highlights before making an investment decision. The Millworks Technologies IPO is a book-built issue worth ₹160.34 crore, consisting entirely of a fresh issue of 0.48 crore shares.
The IPO opened for subscription on July 14, 2026, and will close on July 16, 2026. The basis of allotment is expected on July 17, 2026, while the shares are tentatively scheduled to list on the BSE SME platform on July 21, 2026.
The price band has been fixed at ₹315–₹331 per share. Investors should note that the lot size is 400 shares, with retail investors required to apply for a minimum of 2 lots (800 shares), translating to an investment of ₹2,64,800 at the upper price band. For HNI investors, the minimum application is 3 lots (1,200 shares), requiring an investment of ₹3,97,200.
The Millworks Technologies IPO GMP is expected to remain a key indicator of investor sentiment in the grey market ahead of listing. However, GMP is unofficial and should not be the sole basis for an investment decision. Investors should also evaluate the company's fundamentals, financial performance, and growth prospects.
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