Comparison between Millworks Technologies IPO and Sham Foam IPO.
Millworks Technologies IPO is a SME Fixed Price IPO proposed to list at BSE SME while Sham Foam IPO is a SME Fixed Price proposed to list at BSE SME.
| Millworks Technologies IPO | Sham Foam IPO | |
|---|---|---|
| Logo |  |  |
| Issue Category | SME | SME |
| Issue Type | IPO | IPO |
| Process Type | Bookbuilding | Fixed Price |
| Listing At | BSE SME | BSE SME |
| Lead Managers | GYR Capital Advisors Pvt.Ltd. | Navigant Corporate Advisors Ltd. Corporate Makers Capital Ltd. |
| Registrar | Purva Sharegistry (India) Pvt.Ltd. | Alankit Assignments Ltd. |
| Market Maker | Pace Stock Broking Services Pvt.Ltd. | |
| DRHP | DRHP  | DRHP |
| RHP | RHP | |
| Final Prospectus | Final Prospectus | |
| Anchor Investor | Anchor Investor | |
| IPO Allotment URL | IPO Allotment URL |
The total issue size of Millworks Technologies IPO is up to ₹146.30 Cr whereas the issue size of the Sham Foam IPO is up to ₹0.00 Cr. The final issue price of Millworks Technologies IPO is ₹331.00 per share and of Sham Foam IPO is .
| Millworks Technologies IPO | Sham Foam IPO | |
|---|---|---|
| Face Value | ₹10 per share | ₹10 per share |
| Issue Price (Lower) | ₹315.00 per share | |
| Issue Price (Upper) | ₹331.00 per share | |
| Issue Price (Final) | ₹331.00 per share | |
| Discount (Retail) | ||
| Discount (Employee) | ||
| Market Lot Size | 400 shares | |
| Fresh Issue Size | 44,20,000 shares | 31,25,000 shares |
| Fresh Issue Size (Amount) | up to ₹146.30 Cr | up to ₹0.00 Cr |
| OFS Issue Size | 0 shares | 0 shares |
| OFS Issue Size (Amount) | up to ₹0.00 Cr | up to ₹0.00 Cr |
| Issue Size Total | 44,20,000 shares | 31,25,000 shares |
| Issue Size Total (Amount) | up to ₹146.30 Cr | up to ₹0.00 Cr |
Millworks Technologies IPO opens on Jul 14, 2026, while Sham Foam IPO opens on . The closing date of Millworks Technologies IPO and Sham Foam IPO is Jul 16, 2026, and , respectively.
| Millworks Technologies IPO | Sham Foam IPO | |
|---|---|---|
| Anchor Bid Date | Jul 13, 2026 | |
| Issue Open | Jul 14, 2026 | |
| Issue Close | Jul 16, 2026 | |
| Basis Of Allotment (Tentative) | Jul 17, 2026 | |
| Initiation of Refunds (Tentative) | Jul 20, 2026 | |
| Credit of Share (Tentative) | Jul 20, 2026 | |
| Listing date (Tentative) | Jul 21, 2026 | |
| Anchor Lockin End date 1 | Aug 16, 2026 | |
| Anchor Lockin End date 2 | Oct 15, 2026 |
Millworks Technologies IPO P/E ratio is 11.4, as compared to Sham Foam IPO P/E ratio of .
| Millworks Technologies IPO | Sham Foam IPO | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
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| Financials | Company Financials (Restated)Millworks Technologies Ltd.'s revenue increased by 584% and profit after tax (PAT) rose by 606% between the financial year ending with March 31, 2026 and March 31, 2025.
| Company Financials (Restated)
| |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Promoter Shareholding (Pre-Issue) | 65.08 | 100 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Promoter Shareholding (Post-Issue) | 47.18 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| P/E Ratio | 11.4 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Market Cap | ₹583.05 Cr. | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| ROE | 69.94 | 33.56 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| ROCE | 56.44 | 22.56 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Debt/Equity | 0.21 | 0.74 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| EPS | ₹29.02 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| RoNW | 44.83 | 28.74 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
In the Millworks Technologies IPO Retail Individual Investors (RII) are offered 15,47,200 shares while in Sham Foam IPO retail investors are offered 15,47,200 shares. Qualified Institutional Buyers (QIB) are offered 8,84,000 shares in Millworks Technologies IPO and 0 shares in Sham Foam IPO.
| Millworks Technologies IPO | Sham Foam IPO | |
|---|---|---|
| Anchor Investor Reservation | 13,25,200 shares | 0 shares |
| Market Maker Reservation | 4,24,000 shares | 0 shares |
| QIB | 8,84,000 shares | 0 shares |
| NII | 6,63,600 shares | 0 shares |
| RII | 15,47,200 shares | 0 shares |
| Employee | 0 shares | 0 shares |
| Others | ||
| Total | 44,20,000 shares | 0 shares |
Millworks Technologies IPO subscribed 153.72x in total, whereas Sham Foam IPO subscribed .
| Millworks Technologies IPO | Sham Foam IPO | |
|---|---|---|
| QIB (times) | 194.05x | |
| NII (times) | 260.37x | |
| Big NII (times) | 289.84x | |
| Small NII (times) | 201.44x | |
| RII (times) | 216.60x | |
| Employee (times) | ||
| Other (times) | ||
| Total (times) | 153.72x |
