Millworks Technologies IPO allotment to be finalised today: Latest GMP, how to check allotment status online
AI Summary
Millworks Technologies' IPO saw overwhelming demand, being subscribed 219.54 times, with the retail portion at 216.60 times. The shares are expected to debut on July 21 at an estimated listing price of ₹711, reflecting a 114.80% gain over the IPO price of ₹331. Investors can check their allotment status online starting July 17.
Millworks Technologies IPO Allotment: The initial public offering (IPO) of Millworks Technologies attracted exceptional demand during its three-day subscription window, and investors are now awaiting the share allotment, which is expected to be finalised on Friday, July 17, 2026.
The SME IPO remained open for bidding from July 14 to July 16. Following the completion of the allotment process, the company's shares are scheduled to make their stock market debut on Tuesday, July 21, with listings on both the BSE and NSE.
After the basis of allotment is finalised, successful applicants will receive the allotted shares in their demat accounts, while investors who do not receive an allotment will have their application money refunded on Monday, July 20.
Applicants can verify their Millworks Technologies IPO allotment status online through the BSE website or on the portal of Purva Sharegistry, the registrar handling the issue.
Checking the allotment status is a straightforward process and can be completed online in just a few steps.
Step 1] Visit BSE allotment status page on its website here - https://www.bseindia.com/static/investors/application_statuschecksystem.aspx
Step 2] Select ‘Equity’ on BSE and 'Equity & SME IPO bid details' on NSE
Step 3] Choose ‘Millworks Technologies’ from the Issue Name dropdown menu
Your Millworks Technologies IPO allotment status will be displayed on the screen.
Step 1] Visit the web portal of the registrar here - https://www.purvashare.com/investor-service/ipo-query
Step 2] Select ‘Millworks Technologies’ in the Select Company dropbox
Step 3] Choose among - Application Number/CAF No, Beneficiary ID, or PAN
Your Millworks Technologies IPO allotment status will be displayed on the screen.
Millworks Technologies shares are showing exceptional activity in the grey market. According to market trackers, the Millworks IPO GMP stands at ₹380 per share today. Based on this premium, the stock is estimated to list at around ₹711 apiece, reflecting a 114.80% gain over the IPO price of ₹331.
The SME IPO was subscribed 219.54 times by end of Day 3. The retail portion was subscribed 216.60 times, and NII portion was booked 260.37 times, Qualified Institutional Buyers (QIBs) portion received 194.05 times bids.
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