31 Mar 2024
Assets10.54
Total Income9.40
EBITDA2.78
Profit After Tax1.95
NET Worth2.33
Reserves and Surplus2.28
Total Borrowing4.57
At a glance
Updated 2026-08-24The shares listed at ₹628.90, a 90.00% move from the issue price. Millworks Technologies is a SME IPO with an issue size of ₹160.34 crore, proposed for listing on BSE SME. The offer opens on 14th Jul 2026 and closes on 16th Jul 2026. The issue structure includes a fresh issue of ₹146.30 crore. The current listing schedule points to 21st Jul 2026.
Issue details
Listing atBSE SME
Issue typeBook Build Issue
Issue size₹160.34 Cr
Fresh issue₹146.30 Cr
Face value₹10
Price band₹315.00–₹331.00
Allotment17th Jul 2026
Listing21st Jul 2026
Listing performance
Full performance ↗Issue price₹331.00
Listing price₹628.90
Current price—
Listing gain90.00%
Current return—
Price progressionIssue → Listing → Current
Grey market
GMP page ↗Latest GMP₹395.00
GMP / upper price119.34%
Est. listing₹726.00
GMP is unofficial sentiment data, not an exchange price.
Timeline
Opens14th Jul 2026
Closes16th Jul 2026
Allotment17th Jul 2026
Refund20th Jul 2026
Demat20th Jul 2026
Listing21st Jul 2026
Subscription demand
Full bidding ↗Total219.54×
Lot size
| Investor | Lots | Shares | Amount |
|---|---|---|---|
| Minimum Bid | 1 | 800 | ₹264,800 |
Company
Use of proceeds
| Object | Amount |
|---|---|
| Funding capital expenditure of Company to purchase Plant and Machinery | ₹61.03 Cr |
| Funding the working capital requirements of the Company | ₹81.50 Cr |
| General Corporate Purposes | ₹9.71 Cr |
| Issue Expenses | ₹8.10 Cr |
| Total | ₹160.34 Cr |
Financials
Full financials ↗31 Mar 2025
Assets39.82
Total Income22.42
EBITDA7.89
Profit After Tax5.25
NET Worth23.31
Reserves and Surplus23.25
Total Borrowing9.63
31 Mar 2026
Assets198.37
Total Income153.40
EBITDA56.30
Profit After Tax37.06
NET Worth82.67
Reserves and Surplus69.90
Total Borrowing17.02
Trend chart₹ crore
KPIs
| KPI | Mar 31, 2026 |
|---|---|
| ROE | 69.94% |
| ROCE | 56.44% |
| Debt / Equity | 0.21% |
| RoNW | 44.83% |
| PAT Margin | 24.91% |
| EBITDA Margin | 36.71% |
| Price to Book Value | 5.11 |
Valuation & shareholding
Pre-IPO EPS29.02
Post-IPO EPS21.04
Pre-IPO P/E11.4
Post-IPO P/E15.73
Promoter holding pre65.08%
Promoter holding post47.18%
Market cap₹583.05 Cr.
Issue expenses
| Expense | Amount |
|---|---|
| Funding capital expenditure of Company to purchase Plant and Machinery | ₹61.03 Cr |
| Funding the working capital requirements of the Company | ₹81.50 Cr |
| General Corporate Purposes | ₹9.71 Cr |
| Issue Expenses | ₹8.10 Cr |
| Total | ₹160.34 Cr |
Registrar & lead managers
Registrar
Purva Sharegistry (India) Pvt.Ltd.Lead managers
- Location
Offer documents
Data is reconciled from multiple public IPO sources. Official exchange filings and offer documents remain the source of truth. Last verified 2026-08-24.