Snapshot from Aug 06, 2026 at 07:00 UTC. For live data and tracking: View Live
Events / Business / Millworks Technologies SME IPO
Business IPO

Millworks Technologies SME IPO

Analysis based on 7 articles · First reported Jul 13, 2026 · Last updated Jul 21, 2026

Sentiment
70
Attention
3
Articles
7
Market Impact
General
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Market Impact

The strong subscription and grey market premium indicate high investor confidence in Millworks Technologies, potentially boosting its listing price. The IPO's success may also positively impact sentiment for other SME IPOs in the precision engineering sector.

precision engineering aerospace defense
Event Summary

Millworks Technologies, a Bengaluru-based precision engineering company, launched its BSE SME IPO on July 14, 2026, to raise Rs 160.34 crore. The IPO was subscribed over 62 times, driven by strong retail and NII demand, with a grey market premium of around 125%. The company plans to use proceeds for capital expenditure and working capital. It reported FY26 revenue of Rs 148.77 crore and PAT of Rs 37.06 crore.

Key Actions
100 Millworks Technologies opened IPO
90 Millworks Technologies received subscription
80 Millworks Technologies raised from anchor investors
70 Millworks Technologies reported financial results
Entities Involved
priv
Millworks Technologies
Millworks Technologies successfully raised capital through its SME IPO, with strong demand reflecting investor confidence in its precision engineering business and growth prospects.
Importance 100.0 Sentiment 80.0
exch
BSE SME
BSE SME platform hosts the listing of Millworks Technologies, benefiting from increased activity and visibility from a well-subscribed IPO.
Importance 60.0 Sentiment 50.0
priv
GYR Capital Advisors Private Limited
GYR Capital Advisors Private Limited acted as the book-running lead manager for the IPO, successfully managing the issue.
Importance 30.0 Sentiment 40.0
priv
Purva Sharegistry (India) Private Limited
Purva Sharegistry served as the registrar for the IPO, handling share allotment and related processes.
Importance 20.0 Sentiment 30.0
govactor
India — Securities and Exchange Board of India
SEBI regulates the IPO process, ensuring compliance with listing rules and investor protection.
Importance 10.0 Sentiment 20.0
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Ergen is a news intelligence platform that converts raw news articles into structured data. It tracks events, entities, and the relationships between them, with sentiment and attention metrics derived from thousands of articles. Pages on this site are daily static snapshots from the platform's live database. For real-time tracking, search, and alerts, the full dashboard is at app.ergen.ai.