Millworks Technologies launches its BSE SME IPO on 14 July 2026, aiming to raise ₹160.33 crore. The precision-engineering company serves the aerospace and defence sectors and joins a busy pipeline of SME listings this earnings season.
Key Highlights
- Issue size: ₹160.33 crore
- Price band: ₹315 – ₹331 per share
- Sector: Precision engineering for aerospace and defence
- FY26 revenue: ₹148.77 crore
- Use of proceeds: Capital expenditure and working capital needs
- Listing venue: BSE SME platform
Millworks Technologies’ IPO comes as Indian primary markets stay active through the Q1 FY27 earnings season, with aerospace and defence ancillary plays continuing to draw investor interest on the back of India’s push for domestic manufacturing and import substitution in strategic sectors. As always with SME IPOs, investors should review the red herring prospectus, promoter track record, and post-listing liquidity before applying.
This is IPO news coverage for informational purposes and not investment advice. Please read the offer documents carefully and consult a registered advisor before applying.
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