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Millworks Technologies Limited

Registered Office : No.458/1 10th A Cross Phase-4,Peenya Ind Area Bangalore Nort,Bangalore Karnataka 560058 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 Rs. 10 each (the "Equity Shares") of Millworks Technologies Limited ("The Company" or the "Issuer") for cash at an issue price of Rs. 331 per equity share (Including a Securities Premium of Rs. 321 Per Equity Share) ("Issue Price"), aggregating to Rs. 160.34 Crores (The " Issue") of which 4,24,000 equity shares of face value Rs. 10 each of aggregating to Rs. 14.03 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 Rs. 10 each at an issue price of Rs. 331 per equity share aggregating Rs. 146.30 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: Rs. 331/- per equity share of face value Rs. 10/- 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

Opens On

Closes On

14-Jul-2026

16-Jul-2026

Money Payable On

Application

Allotment

331.00

0.00

Minimum Application for shares in Nos : 800.0 Further Multiples of : 400.0

₹Cr

Lead Managers to the Issue

Project Cost (₹.Cr)

Project Financed through Current Offer (₹.Cr)

Post Issue Equity Share Capital (₹.Cr)

Issue Price (₹.Cr)

152.24

160.34

17.61

331.00

GYR Capital Advisors Pvt Ltd

Projects

Funding capital expenditure of the company to purchase Plant and Machinery

Funding the working capital requirements of the company

General corporate purposes

Promoted By

Rashmi Sridhar Acharya

H K Madhu

Sowmya Madhu

Listing At

BSE - SME

Registrar to the Issue

Purva Sharegistry (I) Pvt Ltd