Comparison between Millworks Technologies IPO and Shreedhar Spinners IPO.
Millworks Technologies IPO is a SME Bookbuilding IPO proposed to list at BSE SME while Shreedhar Spinners IPO is a SME Bookbuilding proposed to list at NSE SME.
| Millworks Technologies IPO | Shreedhar Spinners IPO | |
|---|---|---|
| Logo |  |  |
| Issue Category | SME | SME |
| Issue Type | IPO | IPO |
| Process Type | Bookbuilding | Bookbuilding |
| Listing At | BSE SME | NSE SME |
| Lead Managers | GYR Capital Advisors Pvt.Ltd. | Marwadi Chandarana Intermediaries Brokers Pvt.Ltd. |
| Registrar | Purva Sharegistry (India) Pvt.Ltd. | MUFG Intime India Pvt.Ltd. |
| Market Maker | Pace Stock Broking Services Pvt.Ltd. | Mansi Share & Stock Broking Pvt.Ltd. |
| DRHP | DRHP  | DRHP |
| RHP | RHP | RHP |
| Final Prospectus | Final Prospectus | Final Prospectus |
| Anchor Investor | Anchor Investor | Anchor Investor |
| IPO Allotment URL | 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 Shreedhar Spinners IPO is up to ₹28.63 Cr. The final issue price of Millworks Technologies IPO is ₹331.00 per share and of Shreedhar Spinners IPO is ₹53.00 per share.
| Millworks Technologies IPO | Shreedhar Spinners IPO | |
|---|---|---|
| Face Value | ₹10 per share | ₹10 per share |
| Issue Price (Lower) | ₹315.00 per share | ₹51.00 per share |
| Issue Price (Upper) | ₹331.00 per share | ₹53.00 per share |
| Issue Price (Final) | ₹331.00 per share | ₹53.00 per share |
| Discount (Retail) | ||
| Discount (Employee) | ||
| Market Lot Size | 400 shares | 2000 shares |
| Fresh Issue Size | 44,20,000 shares | 54,02,000 shares |
| Fresh Issue Size (Amount) | up to ₹146.30 Cr | up to ₹28.63 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 | 54,02,000 shares |
| Issue Size Total (Amount) | up to ₹146.30 Cr | up to ₹28.63 Cr |
Millworks Technologies IPO opens on Jul 14, 2026, while Shreedhar Spinners IPO opens on Jun 23, 2026. The closing date of Millworks Technologies IPO and Shreedhar Spinners IPO is Jul 16, 2026, and Jun 25, 2026, respectively.
| Millworks Technologies IPO | Shreedhar Spinners IPO | |
|---|---|---|
| Anchor Bid Date | Jul 13, 2026 | Jun 22, 2026 |
| Issue Open | Jul 14, 2026 | Jun 23, 2026 |
| Issue Close | Jul 16, 2026 | Jun 25, 2026 |
| Basis Of Allotment (Tentative) | Jul 17, 2026 | Jun 29, 2026 |
| Initiation of Refunds (Tentative) | Jul 20, 2026 | Jun 30, 2026 |
| Credit of Share (Tentative) | Jul 20, 2026 | Jun 30, 2026 |
| Listing date (Tentative) | Jul 21, 2026 | Jul 01, 2026 |
| Anchor Lockin End date 1 | Aug 16, 2026 | Jul 28, 2026 |
| Anchor Lockin End date 2 | Oct 15, 2026 | Sep 26, 2026 |
Millworks Technologies IPO P/E ratio is 11.4, as compared to Shreedhar Spinners IPO P/E ratio of 13.44.
| Millworks Technologies IPO | Shreedhar Spinners IPO | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 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)Shreedhar Spinners Ltd.'s revenue increased by 9% and profit after tax (PAT) rose by 81% between the financial year ending with March 31, 2026 and March 31, 2025.
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| Promoter Shareholding (Pre-Issue) | 65.08 | 96.55 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Promoter Shareholding (Post-Issue) | 47.18 | 70.48 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| P/E Ratio | 11.4 | 13.44 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Market Cap | ₹583.05 Cr. | ₹113.62 Cr. | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| ROE | 69.94 | 24.64 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| ROCE | 56.44 | 9.34 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Debt/Equity | 0.21 | 3.89 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| EPS | ₹29.02 | ₹3.94 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| RoNW | 44.83 | 20.74 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
In the Millworks Technologies IPO Retail Individual Investors (RII) are offered 15,47,200 shares while in Shreedhar Spinners IPO retail investors are offered 15,47,200 shares. Qualified Institutional Buyers (QIB) are offered 8,84,000 shares in Millworks Technologies IPO and 10,80,000 shares in Shreedhar Spinners IPO.
| Millworks Technologies IPO | Shreedhar Spinners IPO | |
|---|---|---|
| Anchor Investor Reservation | 13,25,200 shares | 16,18,000 shares |
| Market Maker Reservation | 4,24,000 shares | 3,86,000 shares |
| QIB | 8,84,000 shares | 10,80,000 shares |
| NII | 6,63,600 shares | 8,12,000 shares |
| RII | 15,47,200 shares | 18,92,000 shares |
| Employee | 0 shares | 0 shares |
| Others | ||
| Total | 44,20,000 shares | 54,02,000 shares |
Millworks Technologies IPO subscribed 153.72x in total, whereas Shreedhar Spinners IPO subscribed 4.69x.
| Millworks Technologies IPO | Shreedhar Spinners IPO | |
|---|---|---|
| QIB (times) | 194.05x | 2.51x |
| NII (times) | 260.37x | 14.58x |
| Big NII (times) | 289.84x | 17.99x |
| Small NII (times) | 201.44x | 7.82x |
| RII (times) | 216.60x | 5.71x |
| Employee (times) | ||
| Other (times) | ||
| Total (times) | 153.72x | 4.69x |
