Millworks Technologies SME IPO GMP History
Millworks Technologies SME IPO has been listed on July 21, 2026 at a listing price of ₹628.9, against the issue price of ₹331 — a gain of ₹297.9 (+90%). The GMP peaked at ₹400 on 17 July 2026 and reached a low of ₹300 on 14 July 2026. The day-wise GMP trend below shows how grey market sentiment evolved from subscription to listing.
Millworks Technologies SME IPO raised ₹160.33 Cr. through its IPO at a price band of ₹315 to ₹331 per share, with a lot size of 400 shares. The IPO was open for subscription from 14 Jul 2026 to 16 Jul 2026.
Researched & reviewed by
Abhishek Vohera,
Founder, IPO Guru
Last updated
Figures sourced from the RHP, BSE & NSE
GMP trend
Grey market premium sampled three times a day (11 AM, 5 PM, 10 PM). Last updated 3 Sep, 2:49 PM IST.
Day-wise GMP
The last reading of each day, newest first. Arrows compare with the previous day.
| Date | GMP | ↑↓ | % | Kostak | Sub. Sauda |
|---|---|---|---|---|---|
| 21 Jul 2026 | ₹ 395 | — | 119.3% | — | — |
| 20 Jul 2026 | ₹ 395 | ▲ | 119.3% | — | — |
| 19 Jul 2026 | ₹ 390 | — | 117.8% | — | — |
| 18 Jul 2026 | ₹ 390 | ▼ | 117.8% | — | — |
| 17 Jul 2026 | ₹ 400 | ▲ | 120.8% | — | — |
| 16 Jul 2026 | ₹ 380 | ▼ | 114.8% | — | — |
| 15 Jul 2026 | ₹ 400 | ▲ | 120.8% | — | — |
| 14 Jul 2026 | ₹ 300 | — | 90.6% | — | — |
| 13 Jul 2026 | ₹ 300 | ▼ | 90.6% | — | — |
| 12 Jul 2026 | ₹ 395 | ▲ | 119.3% | — | — |
| 11 Jul 2026 | ₹ 390 | ▲ | 117.8% | — | — |
| 10 Jul 2026 | ₹ 350 | — | 105.7% | — | — |
| 09 Jul 2026 | ₹ 350 | — | 105.7% | — | — |
| 08 Jul 2026 | ₹ 350 | — | 105.7% | — | — |
Millworks Technologies SME IPO dates
Key dates from opening to listing. Today is 9 October.
- Open 14 Jul 2026
- Close 16 Jul 2026
- Allotment 17 Jul 2026
- Refund/credit 20 Jul 2026
- Listing 21 Jul 2026
Millworks Technologies SME IPO actual listing price
How the grey market's final call compared with the listing-day open.
| Issue price | ₹331 |
|---|---|
| GMP-based estimate (pre-listing) | ₹726 (+119.3%) |
| Listing gain / loss | +₹297.9 per share |
| Listing date | 21 Jul, 2026 |
| Actual listing price | ₹628.9 (+90%) |
Is Millworks Technologies SME IPO GMP reliable?
Grey market premium for Millworks Technologies SME IPO should be interpreted with caution. The GMP is an unregulated, unofficial market not governed by SEBI. Here's how to read the current signal:
- 01Subscription rate matters: A high GMP paired with strong subscription — especially QIB (Qualified Institutional Buyer) oversubscription — is a more reliable bullish signal than GMP alone. Read our in-depth analysis: GMP vs Subscription Data — Which Predicts Listing Gains Better?
- 02Timing matters: GMP in the first 1–2 days of subscription is less reliable. GMP on the final subscription day and the day before listing tends to be the most accurate predictor.
- 03Grey market is thin: For smaller IPOs, even a handful of large orders can swing the GMP significantly. Treat low-volume GMP signals with extra caution.
- 04Cross-check before acting: Review the Millworks Technologies SME IPO full review for a fundamentals-based assessment before making any grey market trades.
Millworks Technologies SME IPO Kostak rate explained
Two ways the grey market trades an IPO application before listing.
The Kostak rate for Millworks Technologies SME IPO was not available during the subscription period. Kostak is the fixed amount a grey market buyer pays for an IPO application regardless of allotment outcome.
The Subject to Sauda price was not available for this IPO. Subject to Sauda only applies if allotment is confirmed — the buyer pays a premium on top of the issue price per lot allotted.
Grey market trading is unofficial and unregulated by SEBI. Proceed with full awareness of the associated risks.
About Millworks Technologies SME IPO
Details about Millworks Technologies will be updated soon.
Frequently asked
What is the GMP of Millworks Technologies SME IPO?
The current Grey Market Premium (GMP) of Millworks Technologies SME IPO is ₹ 395.
What is the Kostak Price of Millworks Technologies SME IPO?
Kostak rate is the profit made by selling an IPO application before allotment. The current Kostak rate for Millworks Technologies SME IPO is not available.
What is the Subject to Sauda Price of Millworks Technologies SME IPO?
Subject to Sauda is the premium amount decided if the allotment is confirmed. The current Subject to Sauda rate is not available.
What was the actual listing price of Millworks Technologies SME IPO?
Millworks Technologies SME IPO listed on July 21, 2026 at ₹628.9, against the issue price of ₹331 — a gain of +90%.
How did the GMP of Millworks Technologies SME IPO trend before listing?
The GMP of Millworks Technologies SME IPO was stable in its final days before listing. The GMP peaked at ₹400 on 17 July 2026. View the day-wise table above for the complete GMP history.
Explore Millworks Technologies SME IPO further
The grey market is one signal. Read it alongside the demand, the reviews and the filings before you decide.
It has listed — go back to the fundamentals.
Category-wise demand from QIB, NII and retail investors, updated through the day.
What brokers and analysts are saying about this issue, in one place.
Check with your PAN whether shares were credited to your demat account.
The grey market called it. Now check the fundamentals.
IPO Guru tracks GMP, subscription and allotment for every Mainboard and SME issue. Read the grey market alongside the subscription book and the offer document before you apply.
Not investment advice. Grey market premium is an unofficial, unregulated indicator and is not a forecast.
