IPO IPO-Synopsis
Millworks Technologies Limited

Back

Registered Office: No.458/1 10th A Cross Phase-4,Peenya Ind Area Bangalore Nort , Bangalore - 560058 , Karnataka , India.
Phone : +91 91870 45959   Fax:
Email :  cs@millworksindia.com  
Website :  https://millworksindia.com/
Initial public offer of 48,44,000 equity shares of face value Rs10 each (the "Equity Shares") of Millworks Technologies Limited ("The Company" or the "Issuer") for cash at an issue price of Rs331 per equity share (Including a Securities Premium of Rs321 Per Equity Share) ("Issue Price"), aggregating to Rs160.34 Crores (The " Issue") of which 4,24,000 equity shares of face value Rs10 each of aggregating to Rs14.03 Crores will be reserved for subscription by market maker ("Market Maker Reservation Portion"). The issue less the market maker reservation portion i.e. Issue of 44,20,000 equity shares of face value of Rs10 each at an issue price of Rs331 per equity share aggregating Rs146.30 Crores is hereinafter referred to as the "Net Issue". The issue and the net issue will constitute 27.50% and 25.09% respectively of the post-issue paid-up equity share capital of the company. Price Band: Rs331/- per equity share of face value Rs10/- each. The floor price is 33.1 times of the face value of the equity shares. Bids can be made for a minimum of 800 equity shares and in multiples of 400 equity shares thereafter.

Issue Money Payable On
Opens On Closes On Application Allotment
14-Jul-26 16-Jul-26 Rs331.00-0.00 Rs0.00-0.00
Minimum Application for shares in Nos :800  Further Multiples of :400

  Rs Cr Lead Managers to the Issue
Project Cost 152.24
GYR Capital Advisors Pvt Ltd
Project Financed through Current Offer 160.34  
Post Issue Equity Share Capital 17.61  
Issue Price Rs331.00  
Projects
Funding capital expenditure of the company to purchase Plant and MachineryGeneral corporate purposes
Funding the working capital requirements of the company
Promoted By
Rashmi Sridhar Acharya
H K Madhu
Sowmya Madhu
Listing At
BSE - SME 
Registrar to the Issue
Purva Sharegistry (I) Pvt Ltd