Millworks Technologies
MAINBOARD
Upcoming
Price Band
TBD
Lot Size
TBD
Issue Size
₹350.00 Cr
Fresh Issue
₹262.50 Cr
OFS
₹87.50 Cr
Registrar
TBD
AI Sentiment Score
Current GMP
+₹25
Est. Listing: ₹25 (0%)
📅 IPO Timeline
1
Open
TBD
2
Close
TBD
3
Allotment
TBD
4
Refund
TBD
5
Demat
TBD
6
Listing
TBD
📈 Grey Market Premium (GMP) Trendline
Daily consensus GMP movement (₹) recorded across market sources
✨ AI Analysis & Prediction
⏳ Pre-Open Fundamental Baseline
Computed from Anchor investor backing, peer valuation gap & prospectus financials
Millworks Technologies displays an established operational footprint with expanding revenue streams (320.8% CAGR) and a defensible value proposition.
💪 Strengths
- Demonstrated operational revenue trajectory with resilient top-line growth (320.8% CAGR).
- Established customer relationships and market position across target industry sectors.
- Sound operational capital returns with Return on Capital Employed (ROCE) at 81.0%.
⚠️ Weaknesses
- Exposure to input cost fluctuations and broader macroeconomic supply chain cycles.
- Working capital requirements to support continuous capacity expansion.
- Competitive landscape from both established incumbents and specialized regional players.
🚀 Opportunities
- Industry tailwinds from rising domestic capex and infrastructure spending.
- Operating leverage potential allowing margin expansion as manufacturing utilization rises.
- Geographic diversification and entry into higher-margin specialized product lines.
🛡️ Threats
- Sectoral regulatory shifts and evolving statutory compliance requirements.
- Aggressive pricing actions by domestic competitors impacting gross margins.
- Broader market equity volatility and liquidity fluctuations.
📊 Financial Overview & Growth Trajectory
Multi-year operational scale & net profitability trajectory
| Metric | FY23 | FY24 | FY25 | FY26 |
|---|---|---|---|---|
| Revenue (₹ Cr) | Rs 2.00 Cr | Rs 9.00 Cr | Rs 22.00 Cr | Rs 149.00 Cr |
| Net Profit / PAT (₹ Cr) | Rs 0.00 Cr | Rs 2.00 Cr | Rs 5.00 Cr | Rs 37.00 Cr |
| EBITDA / Op. Profit (₹ Cr) | Rs 0.00 Cr | Rs 3.00 Cr | Rs 8.00 Cr | Rs 52.00 Cr |
| Borrowings (₹ Cr) | Rs 2.00 Cr | Rs 5.00 Cr | Rs 10.00 Cr | Rs 17.00 Cr |
| Total Assets (₹ Cr) | Rs 4.00 Cr | Rs 11.00 Cr | Rs 40.00 Cr | Rs 198.00 Cr |
| ROE % | 0.00% | 0.00% | 0.00% | 0.00% |
| ROCE % | 81.00% | 81.00% | 81.00% | 81.00% |
| Debt / Equity | 0.00 | 0.00 | 0.00 | 0.00 |
Company P/E
56.6x
Industry P/E
65.1x
Debt/Equity
0.20
⚖️ Valuation Benchmark Range
🟢 Attractively Priced vs Industry Peers
Industry 65.1x
IPO 56.6x
0x (Deep Value)
88x (High Multiple)
📋 Live Subscription Status
QIB
0.00x
NII
0.00x
Retail
0.00x
Total
0.00x
🎯 Retail Allotment Probability
100% Odds
100% (Guaranteed 1 lot for all valid applications)
SEBI Rule: Under SEBI lottery allotment rules, applying for multiple lots under Retail does NOT increase your lottery odds. All valid retail applicants have identical 1-lot odds per PAN.
💼 Issue Structure & Reservation Quota
Capital Structure
₹350.0 Cr
Issue Size
Fresh (75%)
OFS (25%)
Reservation Quota
100%
Allocation
QIB (50%)
NII (15%)
Retail (35%)
QIB
50.00%
Retail
35.00%
NII
15.00%
🔗 Important Links & Lead Managers
- SEBI Filings (DRHP)View on SEBI →
- RHP ProspectusPending Filing (Draft Stage) | SEBI Portal →
Disclaimer: The information provided on this page is for educational and informational purposes only and does not constitute financial advice. IPO investments are subject to market risks. AI-generated analysis is based on publicly available data and may not be accurate. Grey Market Premium (GMP) is unofficial and highly speculative. Always consult a qualified financial advisor and read the DRHP/RHP carefully before making investment decisions.