Millworks Technologies IPO GMP Update: Latest Status Before Listing
Investors tracking the Millworks Technologies IPO GMP are closely watching the grey market ahead of the company's listing. The Grey Market Premium (GMP) serves as an unofficial measure of market sentiment and may provide an indication of the expected listing performance. However, GMP changes frequently and should be considered alongside the company's fundamentals before making any investment decision.
The Millworks Technologies IPO, a book-built issue worth ₹160.34 crore, consists entirely of a fresh issue of 0.48 crore equity shares. The public issue was open for subscription from July 14 to July 16, 2026. Following the closure of the IPO, the basis of allotment was finalized on July 17, 2026, and the shares are now scheduled to list on the BSE SME platform on July 21, 2026.
The IPO was offered at a price band of ₹315–₹331 per share, with a lot size of 400 shares. Retail investors were required to apply for a minimum of 2 lots (800 shares), involving an investment of ₹2,64,800 at the upper price band. For HNI investors, the minimum application was 3 lots (1,200 shares), requiring an investment of ₹3,97,200.
As the listing date approaches, the Millworks Technologies IPO GMP remains a key point of interest for market participants looking to estimate potential listing gains. Since grey market premiums are based on unofficial transactions, they can rise or fall daily and should not be treated as a guaranteed predictor of listing-day performance. Investors are encouraged to assess the company's financial performance, business model, valuation, and long-term growth prospects before making any investment decision.
Stay connected with Finowings for the latest Millworks Technologies IPO GMP, listing updates, expected listing price, post-listing performance, and in-depth IPO analysis. We provide timely and reliable market insights to help investors make well-informed decisions.
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