Aureate Tradde IPO is a SME IPO of 38,98,000 equity shares of the face value of ₹10 aggregating up to ₹[.] Crores. The issue is priced at To be declared. The minimum order quantity is . The Aureate Tradde IPO open and close dates are not available as of now. MUFG Intime India Pvt.Ltd. is the registrar for the IPO. The shares are proposed to be listed on BSE SME.
Millworks Technologies IPO Details Details
The Millworks Technologies IPO is a Book Built Issue with a total issue size of ₹160.34 crore. The IPO consists entirely of a fresh issue of approximately 0.48 crore equity shares, with no Offer for Sale (OFS) component. The IPO will open for subscription on July 14, 2026, and close on July 16, 2026. The basis of allotment is expected to be finalized on July 17, 2026, while the shares are tentatively scheduled to list on the BSE SME platform on July 21, 2026. The company has fixed a price band of ₹315 to ₹331 per equity share. The lot size is 400 shares. For retail investors, the minimum application size is 2 lots (800 shares), requiring a minimum investment of ₹2,64,800 at the upper price band. For HNI/NII investors, the minimum application size is 3 lots (1,200 shares), amounting to ₹3,97,200 at the upper price band. GYR Capital Advisors Pvt. Ltd. is the Book Running Lead Manager (BRLM) to the issue, while Purva Sharegistry (India) Pvt. Ltd. has been appointed as the Registrar. Investors are advised to refer to the Millworks Technologies IPO DRHP for complete details regarding the company’s business, financials, risk factors, and the terms of the issue.
IPO Details
| IPO Date | 14 Jul 26 |
| Listing Date | 21 Jul 26 |
| Face Value | ₹10 per share |
| Price Band | ₹315 to ₹331 |
| Lot Size | 400 |
| Sale Type | Fresh capital only |
| Issue Type | Bookbuilding IPO |
| Listing At | BSE SME |
| Total Issue Size | ₹160 Cr |
| Fresh Issue |
₹146 Cr
|
| Offer for Sale | |
| Share Holding Pre Issue | 1,27,70,755 shares |
| Share Holding Post Issue | 1,76,14,755 shares |
IPO Reservation
| Investor Category | Shares Offered |
|---|---|
| QIB Shares Offered | Not more than 50% of the Net Issue |
| Retail Shares Offered | Not less than 35% of the Offer |
| NII Shares Offered | Not less than 15.0% of the Offer |
About Millworks Technologies IPO Details.
Millworks Technologies Ltd. is a precision engineering company engaged in the manufacturing of high-accuracy machined components, sheet metal parts, and integrated assemblies for mission-critical applications. The company primarily serves the railways, aerospace, defence, and semiconductor industries, delivering high-quality engineering solutions that meet stringent industry standards.
Business Verticals
Aerospace
• Manufactures precision-machined components and sub-assemblies used in aero-engine applications and other aerospace systems.
Defence
• Produces mission-critical machined components and sub-assemblies, including missile airframe components, guidance system housings, structural brackets and mounts, hydraulic cylinder parts, and other defence-related equipment.
Railways
• Supplies precision-engineered components for train control systems, rolling stock infrastructure, and train and metro door systems, including door mechanisms, actuators, and related assemblies.
Semiconductor Machinery
• Manufactures precision-engineered components and fixtures for semiconductor manufacturing and testing equipment, including machine base frames, precision brackets, alignment plates, equipment housings, and other critical parts.
Manufacturing Capabilities
Millworks Technologies operates under both Build-to-Print (BTP) and Build-to-Spec (BTS) manufacturing models, while also offering full-scope manufacturing and job-work services.
• Build-to-Print (BTP): Components are manufactured strictly according to customer-provided engineering drawings and technical specifications.
• Build-to-Spec (BTS): Components are designed and manufactured based on customer-defined functional and performance requirements, enabling customized engineering solutions tailored to operational needs.
Manufacturing Facilities
As of November 30, 2025, the company operates four advanced manufacturing facilities in Bengaluru, Karnataka. These facilities are equipped with modern manufacturing infrastructure, including:
• CNC Machining Centers (3-axis, 4-axis, and 5-axis)
• CNC Turning and Turn-Mill Centers
• Wire EDM Machines
• Fibre Laser Cutting Systems
• CNC Press Brakes
• Advanced Welding Stations
• Dedicated Assembly and Inspection Areas
This robust infrastructure enables the company to manufacture complex, high-precision components with consistent quality and reliability.
Competitive Strengths
• Strong expertise in precision engineering and manufacturing of complex components across a wide range of materials.
• Certified quality management systems ensuring consistent manufacturing standards and process excellence.
• Modern, fully integrated manufacturing infrastructure with advanced machining capabilities.
• Long-standing relationships with global customers and a strong export-oriented business model.
• Dedicated research and development (R&D) function focused on innovation and product enhancement.
• Experienced management team supported by a highly skilled technical workforce.
• Healthy order book of ₹9,594.45 lakh (approximately ₹95.94 crore) as of January 10, 2026, providing strong revenue visibility.
Company Financials (Restated)
| Period Ended | 30 Nov 2025 | 31 Mar 2025 | 31 Mar 2024 | |
|---|---|---|---|---|
| Assets | 115.83 | 40.84 | 10.64 | |
| Total Income | 68.02 | 22.42 | 9.40 | |
| Profit After Tax | 20.50 | 5.25 | 1.95 | |
| EBITDA | 30.69 | 7.89 | 2.78 | |
| Net Worth | 56.82 | 23.32 | 2.33 | |
| Amount in ₹ Crore | ||||
IPO Objects of the Issue
The Company proposes to utilise the Net Proceeds from the Issue towards the following objects:
| # | Issue Objects | Est Amt (₹ Cr.) |
|---|---|---|
| 1 | Funding capital expenditure of our company to purchase Plant and Machinery | 61.03 |
| 2 | Funding the working capital requirements of the company | 87.00 |
| 3 | General Corporate Purposes | 0.00 |
Key Performance Indicator (KPI)
| KPI | Mar 31, 2026 | - |
|---|---|---|
| ROE | 69.94%% | -% |
| ROCE | 56.44%% | -% |
| Debt/Equity | - | - |
| RoNW | 44.83%% | -% |
| PAT Margin | 24.91%% | -% |
| EBITDA Margin | 36.71%% | -% |
Key Performance Indicator (KPI)
| Pre IPO | Post IPO | |
|---|---|---|
| Promoter Holding % | 65.08% | - |
| EPS Rs | 4.11 | - |
| The value will be calculated using Equity Dilution = Share Holding Pre Issue - Share Holding Post Issue The Pre IPO EPS is calculated based on Pre issue shareholding as on date of RHP and the latest FY earnings as of March 31, 2025 available in RHP. The Post Issue EPS is calculated based on the Post issue shareholding and annualized FY earnings of November 30, 2025 available in RHP. | ||
IPO Registrar
- Purva Sharegistry (India) Pvt.Ltd.
- 022-41343255
- newissue@purvashare.com
- Visit Website
IPO Lead Manager(s)
Contact Details
Millworks Technologies Ltd.
No.458/1, 10th a Cross, Phase-4, Peenya Industrial Area, Peenya Small Industries Bangalore Urban, Karnataka, 560058
- +91 9187045959
- cs@millworksindia.com
- Visit Website
IPO FAQs
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What is the Aureate Tradde IPO?
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How to apply in Aureate Tradde IPO through Zerodha?
Zerodha customers can apply online in Aureate Tradde IPO using UPI as a payment gateway. Zerodha customers can apply in Aureate Tradde IPO by login into Zerodha Console (back office) and submitting an IPO application form.
Steps to apply in Aureate Tradde IPO through Zerodha
- Visit the Zerodha website and login to Console.
- Go to Portfolio and click the IPOs link.
- Go to the ' Aureate Tradde IPO ' row and click the 'Bid' button.
- Enter your UPI ID, Quantity, and Price.
- Submit IPO application form.
- Visit the UPI App (net banking or BHIM) to approve the mandate.
Visit Zerodha IPO Application Process Review for more detail.
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When Aureate Tradde IPO will open?
The Aureate Tradde IPO dates are not announced. Please check back again after some time.
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What is the lot size of Aureate Tradde IPO?
Aureate Tradde IPO lot size and the minimum order quantity is not available at this time. Please check again later.
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How to apply for Aureate Tradde IPO?
You can apply in Aureate Tradde IPO online using either UPI or ASBA as a payment method. ASBA IPO application is available in the net banking of your bank account. UPI IPO Application is offered by brokers who don't offer banking services. Read more detail about applying IPO online through Zerodha, Upstox, 5Paisa, Nuvama, HDFC Bank, and SBI Bank.
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Is online banking secure?
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When is Aureate Tradde IPO allotment?
The finalization of Basis of Allotment for Aureate Tradde IPO will be done on [.], and the allotted shares will be credited to your demat account by . Check the Aureate Tradde IPO allotment status.
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When is Aureate Tradde IPO listing date ?
The Aureate Tradde IPO listing date is not yet announced. The tentative date of listing is .