Millworks Technologies IPO Live GMP Today
As of 17 Jul 2026, 08:23 am IST, Millworks Technologies SME IPO is quoting a grey market premium of +₹380 (+114.8% over the issue price), implying a listing around ₹711 per share. Bidding has closed; the GMP below now reflects pre-listing sentiment ahead of the Jul 21 listing.
| Status | Closed |
| Type | SME |
| Open Date | Jul 14, 2026 |
| Close Date | Jul 16, 2026 |
| Listing Date | Jul 21, 2026 |
| Lot Size | 800 shares |
| Issue Size | ₹160.34 Cr |
| Date | GMP (Rs) | Change | GMP % | Est. Listing |
|---|---|---|---|---|
| Jul 17, 2026 08:23 am | +380 | ▼ 20 | +114.8% | ₹711 |
| Jul 15, 2026 08:32 pm | +400 | ▲ 150 | +120.9% | ₹731 |
| Jul 14, 2026 04:50 pm | +250 | ▼ 50 | +75.5% | ₹581 |
| Jul 14, 2026 07:48 am | +300 | ▼ 96 | +90.6% | ₹631 |
| Jul 12, 2026 03:52 pm | +396 | ▲ 6 | +119.6% | ₹727 |
| Jul 12, 2026 07:17 am | +390 | ▲ 40 | +117.8% | ₹721 |
| Jul 08, 2026 10:53 pm | +350 | ▲ 50 | +105.7% | ₹681 |
| Jul 08, 2026 08:31 pm | +300 | ▲ 20 | +90.6% | ₹631 |
| Jul 08, 2026 03:25 pm | +280 | — | +84.6% | ₹611 |
Millworks Technologies IPO GMP — Detailed Analysis
What Millworks Technologies GMP Tells Us Today
The current Grey Market Premium for Millworks Technologies IPO is Rs 380 (114.8% over the issue price). Based on this GMP, the implied listing price hovers around Rs 711 per share. Across the 9 GMP records captured for this issue, the trend has been rising by Rs 100 — a useful directional signal for gauging investor sentiment as the listing date approaches.
How to Read the Millworks Technologies GMP Trend
The GMP chart and history table above let you watch how unofficial demand has evolved through the bidding window. A few things worth noting when interpreting this data:
- Stable or rising GMP through bidding typically signals genuine investor demand and improves the odds of a positive listing day.
- A late-stage GMP spike (sudden jump only on the last day) is often speculative and tends to fade after listing — treat with caution.
- A declining GMP can signal either weakening sentiment or rational profit-booking by grey market players ahead of listing.
- GMP near zero or negative is a red flag — historically, IPOs that listed flat or in discount had GMP fizzle in the final days of bidding.
GMP Reliability for SME IPOs
SME IPO GMP is significantly more volatile than Mainboard GMP. Lower trading volume in the SME grey market and the smaller pool of dealers mean prices can swing sharply on small trades. Use SME GMP as a directional indicator rather than a precise price forecast — the actual listing price can deviate substantially from the implied GMP-based estimate, both upward and downward.
Millworks Technologies IPO is expected to list on July 21, 2026. GMP signals between now and listing day are most useful as a real-time read on demand — final listing performance will also depend on subscription levels (especially QIB participation), fundamentals, and overall market conditions on the listing day.
For broader context on how GMP works as an indicator, see our explainer: What is IPO GMP?