Millworks Technologies Limited
Complete IPO details, including price band, financials, subscription status, and key insights.
Participate in the Millworks Technologies Limited IPO with full transparency. Review issue details, company fundamentals, and financial performance, and apply securely through Alice Blue.
IPO Snapshot
Key metrics and details at a glance.
Price Band
₹0
Per ShareLot Size
0 Shares
Minimum Investment
₹0
Issue Size
₹0 Cr
Face Value
₹0
Per ShareIPO Type
Book Building
Retail Quota
0%
QIB Quota
0%
NII Quota
0%
IPO Timeline
Important dates for your applying strategy.
IPO Opens1 Jan
IPO Closes1 Jan
Basis of Allotment1 Jan
Refund Initiation1 Jan
Shares Credited1 Jan
Listing Date1 Jan
IPO Process Completed
Subscription Status
Live demand across investor categories.
Track real-time subscription levels:
*Real-time data subject to exchange updates
Qualified Institutional Buyers (QIB)0.00x
Non-Institutional Investors (NII)0.00x
Retail Individual Investors (RII)0.00x
Overall Subscription0.00x
Millworks Technologies Limited
Business model, operations, and market positioning.
Growth Strategy
- Strategic Alliances and Collaborative Partnerships.
- Market Penetration Through Expansion of Supply to Existing Customer Ecosystems.
- Geographical Expansion to Strengthen Global Reach and Customer Access.
- Diversification Within Core Manufacturing Capabilities.
Issue Type
Book Building
ISIN
INE1SRC01010
Financial Performance
Revenue, profit, and asset growth over the last three financial years.
Amount In Crores
250
200
150
100
50
0
FY24FY25FY26
Financial Year
Amount In Crores
50
40
30
20
10
0
FY24FY25FY26
Financial Year
Amount In Crores
250
200
150
100
50
0
FY24FY25FY26
Financial Year
Data presented in crores for FY20 to FY24.
Objects of the Issue
How the company plans to utilize IPO proceeds.
The funds raised through this IPO will be used for:
*Subject to approvals and market conditions.
- Experienced Promoters having deep domain knowledge to scale up the business.
- Management team with an established track record.
- Established track record of successfully completed orders.
- Efficient operational team.
- The company's revenues has exhibited significant fluctuations in the past and may continue to vary in the future, which may adversely affect its business, financial condition and results of operations.
- The company's high level of trade receivables relative to its revenue from operations indicates elongated working capital cycles and exposes the company to collection risks, which may adversely affect its liquidity and financial condition.
- A substantial portion of the Company's revenue for the period ended March 31, 2026 was derived from its first/top customer. Accordingly, any reduction, delay, or termination of business from such customer, or the loss of such customer for any reason, could materially and adversely affect the Company's revenues, profitability, financial condition.
- Dependency on Certain Business Partners for Defense Sector Project Execution.
- The Company has some instances of non-compliances and delayed compliances with some statutory provisions of the Companies Act 2013 and delayed compliance may attract penalties against the company which could impact the financial position of its to that extent.
Frequently Asked Questions (FAQs)
The minimum investment depends on the lot size and the upper price band of the issue. Investors must apply for at least one lot, and the total investment amount is calculated by multiplying the lot size by the upper price band.
IPO allotment is determined based on demand and SEBI guidelines. If the IPO is oversubscribed in the retail category, allotment is typically done through a computerized lottery system to ensure fair distribution among eligible applicants.
Allotment status is usually finalized a few days after the IPO closes. Once finalized, shares are either credited to your Demat account (if allotted) or the blocked funds are released back to your bank account.
Yes, you can modify or cancel your IPO application anytime before the IPO closing date. Changes can be made through your Alice Blue account, subject to exchange cut-off timings.
If the IPO receives more applications than the number of shares available, it is considered oversubscribed. In such cases, allotment in the retail category is done on a proportionate or lottery basis, and not all applicants may receive shares.