Millworks Technologies IPO Subscription Status Day 3: Retail Leads Final Tally at 86.59x as Issue Closes Subscribed 55.79x
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Millworks Technologies IPO Subscription Status: The SME issue closed subscribed 55.79 times as of 10:15 am on 16 July 2026, according to the latest bidding data, with the retail category leading demand at 86.59 times.
Millworks Technologies IPO closed subscribed 55.79 times overall, with the retail portion emerging as the standout category at 86.59 times, according to the latest bidding data as of 10:15 am on 16 July 2026.
The qualified institutional buyers (QIB) segment saw comparatively muted participation, ending at 0.24 times, while the non-institutional investors (NII) category was subscribed 57.13 times by the close of bidding on Thursday, 16 July.
Millworks Technologies IPO Subscription Status Day 3
Day 3 (16-Jul-2026) | 0.24x | 86.59x | 57.13x | 55.79x |
Millworks Technologies IPO Subscription Status
Day 1 (14-Jul-2026) | 0x | 15.75x | 8.16x | 9.45x |
Day 2 (15-Jul-2026) | 0.22x | 71.73x | 42.07x | 44.6x |
Day 3 (16-Jul-2026) | 0.24x | 86.59x | 57.13x | 55.79x |
Millworks Technologies IPO Bidding Details
QIB | 22,09,200 |
Retail | 15,47,200 |
NII | 6,63,600 |
Millworks Technologies IPO Subscription Rate
Qualified Institutions | 0.24x |
Retail | 86.59x |
Non-Institutional (HNI) | 57.13x |
Total Subscription | 55.79x |
Conclusion
With bidding now closed, attention turns to the allotment process, with the finalisation date to be updated. Successful bidders can expect refunds and demat credit shortly after, followed by listing on the BSE SME platform, proposed for Tuesday, 21 July.
This article is for informational purposes only and should not be considered investment advice from Kotak Neo. For compliance T&C and disclaimers, visit https://www.kotakneo.com/disclaimer/
