Millworks IPO Allotment Status: Check Live Status, GMP & Allotment Chances
The Millworks Technologies IPO allotment to be out today, July 17, 2026. Investors who applied for the SME IPO can check their allotment status online through the official registrar, Purva Sharegistry (India) Private Limited, or on the BSE website once the allotment is uploaded.
The Rs 160.34 crore BSE SME IPO received an overwhelming response from investors, with an overall subscription of 219.54 times. The retail portion was subscribed 216.60 times, making allotment highly competitive.
The latest Millworks Technologies IPO GMP is Rs 380, indicating an estimated listing price of around Rs 711 per share compared to the issue price of Rs 331. The shares are scheduled to list on the BSE SME platform on July 21, 2026.
📲 Want instant allotment updates? Join the IPOwiz Telegram channel to get live allotment links, GMP updates and listing alerts.
📋 Table of Contents
Millworks Technologies IPO Allotment & Listing Dates
| Event | Date |
|---|---|
| Basis of Allotment | July 17, 2026 (Today) |
| Refunds / ASBA Fund Unblocking | July 20, 2026 |
| Shares Credited to Demat Accounts | July 20, 2026 |
| Listing on BSE SME | July 21, 2026 |
How to Check Millworks Technologies IPO Allotment Status
You can check your Millworks Technologies IPO allotment status through any of the following methods once the registrar uploads the allotment data.
The IPOwiz app lets you check allotment status for multiple family members from one place.
- Open the IPOwiz app.
- Add your PAN numbers under your profile.
- Select Millworks Technologies IPO.
- View allotment results for all linked PANs instantly.
- Visit the official Purva Sharegistry IPO allotment page.
- Select Millworks Technologies Limited.
- Enter your PAN, Application Number or DP/Client ID.
- Click Search to view your allotment status.
- Visit the BSE IPO allotment page.
- Select Equity.
- Choose Millworks Technologies.
- Enter your PAN or Application Number and complete the captcha.
If the registrar website is slow, simply wait until July 20, 2026. If shares are allotted, they will automatically appear in your Demat account with brokers such as Zerodha, Groww, Angel One, Upstox and others.
Millworks Technologies IPO GMP Today
The Millworks Technologies IPO GMP today is Rs 380 per share (as of July 17, 2026). Based on the issue price of Rs 331, the estimated listing price is around Rs 711 per share, indicating a potential listing gain of nearly 114.80%.
| Detail | Value |
|---|---|
| Issue Price | Rs 331 |
| Current GMP | Rs 380 |
| Estimated Listing Price | Rs 711 |
| Estimated Listing Gain | 114.80% |
The GMP has remained strong since the IPO closed, reflecting positive market sentiment ahead of listing. However, grey market prices are unofficial and can change quickly before the stock starts trading.
- Estimated profit per lot (400 shares): Rs 1,52,000
- Estimated profit for a retail allotment (2 lots / 800 shares): Rs 3,04,000
Disclaimer: Grey Market Premium (GMP) is based on unofficial market activity and should be used only as an indicator of market sentiment. Actual listing gains may differ.
For the latest IPO GMP updates, visit the IPOwiz Live GMP Tracker .
Millworks Technologies IPO Allotment Chances
The Millworks Technologies IPO received an overwhelming response across all investor categories. Since the issue was heavily oversubscribed, allotment will be decided through a lottery system for eligible applicants.
| Category | Subscription | Applications | Estimated Chance |
|---|---|---|---|
| Retail | 216.60x | ~4.18 lakh | About 1 in 216 |
| Small HNI (sNII) | 201.44x | ~34,200 | About 1 in 186 |
| Big HNI (bNII) | 289.84x | ~36,400 | About 1 in 99 |
Retail investors who receive an allotment will be allotted 2 lots (800 shares), requiring an investment of Rs 2,64,800.
As per SEBI guidelines, SME IPO allotment is based on a lottery when the retail category is oversubscribed. Every valid retail application has an equal chance of receiving an allotment, irrespective of the number of lots applied for.
What Happens After the Millworks Technologies IPO Allotment?
- If shares are allotted: The application amount will be debited from your bank account, and the shares will be credited to your Demat account on July 20, 2026. You can sell your shares once trading begins on July 21, 2026.
- If shares are not allotted: Your blocked funds will be released on July 20, 2026. Depending on your bank, it may take a few hours or up to 48 hours for the amount to become available.
- Funds still blocked? If your application amount remains blocked after the refund date, you can contact Purva Sharegistry at ipo@purvashare.com along with your application details.
Millworks Technologies IPO Financials
Millworks Technologies reported strong financial growth over the last three financial years. Revenue and profit increased significantly in FY26, which was one of the key reasons behind the strong investor interest in the IPO.
| Metric | FY24 | FY25 | FY26 |
|---|---|---|---|
| Revenue | Rs 9.40 cr | Rs 22.42 cr | Rs 153.40 cr |
| Net Profit (PAT) | Rs 1.95 cr | Rs 5.25 cr | Rs 37.06 cr |
| EBITDA | -- | -- | Rs 56.30 cr |
| EBITDA Margin | -- | -- | 36.71% |
| ROE | -- | -- | 69.94% |
| Debt-to-Equity | -- | -- | 0.21x |
The company reported a sharp jump in both revenue and profit during FY26. Millworks Technologies operates four manufacturing facilities in Bengaluru and manufactures precision components used in defence, aerospace and semiconductor testing applications.
Frequently Asked Questions
When will Millworks Technologies IPO shares list?
Millworks Technologies shares are scheduled to list on the BSE SME platform on July 21, 2026.
What is the latest Millworks Technologies IPO GMP?
The latest Grey Market Premium (GMP) is Rs 380, which indicates an estimated listing price of around Rs 711. GMP is unofficial and may change before listing.
How will the IPO proceeds be used?
The company plans to use approximately Rs 61.03 crore for purchasing plant and machinery and around Rs 81.50 crore to meet its working capital requirements.
Why are the retail allotment chances around 1 in 216?
The retail category was subscribed 216.60 times. Since the IPO is heavily oversubscribed, allotment will be decided through a lottery, giving each valid retail application an equal chance.
What is the minimum investment for retail investors?
Retail investors had to apply for 2 lots (800 shares), requiring an investment of approximately Rs 2,64,800. Applications above the retail limit fall under the HNI category.
What should I do if my refund is delayed?
If your funds remain blocked after the expected refund date, contact Purva Sharegistry at ipo@purvashare.com with your application details. Some banks may take an additional 24 to 48 hours to complete the fund release.