How to Apply for this IPO? Read here.
Millworks Technologies Ltd. provides high-accuracy machined components to various clients across the railways, aerospace, defence, and semiconductor industries. The company started its operations in 2020 and is based in Bengaluru. This IPO helps the company expand machinery capacity and fund operations. The company will use the fresh issue money to buy plant equipment. It also wants to fund working capital needs. Investors can now track the demand for these shares through the subscription status and the interest of different buyer categories.
Anchor investors are big institutions that buy shares before the public. The Book Running Lead Manager finalised the allocation of – Equity Shares to Anchor Investors at Rs. – per share.
Disclaimer: This information is for educational purposes only. Always seek advice from a qualified financial professional before making investment choices.
Save my name, email, and website in this browser for the next time I comment.
No comments yet. Be the first to share your thoughts!
Important business websites and news channels talk about the IPO INDEX.