Millworks Technologies IPO Day 3: Subscription hits 63x, GMP surges to 125% ahead of listing

Millworks Technologies’ SME IPO was subscribed over 63 times on the final day, driven by strong retail and NII demand, while its grey market premium surged to 125%. Robust financials, exposure to aerospace and defence, and positive listing expectations have made it one of the most closely watched SME offerings.

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