Millworks Technologies - About the company
Millworks Technologies is a public company based in Bengaluru (India), founded in 2021. It operates as a Manufacturer of precision machined components, sheet metal parts, and sub assemblies for the aerospace, defense, railway, and semiconductor industries. Millworks Technologies has raised $4.38M in funding. The company has 674 active competitors, including 12 funded and 56 that have exited. Its top competitors include companies like Paras Defence & Space Technologies, Moog and Leidos.
Company Details
Manufacturer of precision machined components, sheet metal parts, and sub assemblies for the aerospace, defense, railway, and semiconductor industries. Operations involve computerized machining processes including turning, milling, wire electrical discharge machining, laser cutting, and bending. Technical capabilities include the production of engine parts, structural components, and mechanical assemblies. Quality control is maintained through the use of metrological instruments such as coordinate measuring machines, profile projectors, and roughness testers. Services include sourcing and supply chain management for complete bills of materials.
- Website
- millworksindia.com
- Social
- Registered Address
- NO.458/1 10TH A CROSS PHASE -4, PEENYA INDUSTRIAL AREA, Peenya Small Industries, Bangalore, Bangalore North, Karnataka, India, 560058
Key Metrics
Founded Year
2021
Location
Bengaluru, India
Stage
Public
Total Funding
$4.38M in 3 rounds
Latest Funding Round
Investors
Ranked
20th among 674 active competitors
Annual Revenue
₹10 - ₹50 Cr as on Mar 31, 2025
Employee Count
42 as on Aug 31, 2026
Similar Companies
Exit Details
Public
Legal entities associated with Millworks Technologies
Millworks Technologies is associated with 1 legal entity given below:
Legal Entity Name | Date of Incorporation | Revenue | Latest Employee Count | Documents |
|---|---|---|---|---|
Millworks Technologies Limited CIN: U29200KA2021PLC153863 , India, Active | Nov 01, 2021 | ₹10 - ₹50 Cr (As on Mar 31, 2025) | 139 (As on Apr 01, 2026) |
Millworks Technologies's IPO details
Millworks Technologies got listed on Jul 21, 2026.
Click here to take a look at Millworks Technologies's IPO in detail
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Millworks Technologies's funding and investors
Millworks Technologies has raised a total funding of $4.38M over 3 rounds. Its first funding round was on Oct 22, 2024. Its latest funding round was a Seed round on Oct 19, 2025 for $*****. 12 investors participated in its latest round. Millworks Technologies has 1 institutional investor and 50 angel investors.
Here is the list of recent funding rounds of Millworks Technologies:
Date of Funding | Funding Amount | Round Name | Post-Money Valuation | Revenue Multiple | Lead Investors | Other Investors |
|---|---|---|---|---|---|---|
Oct 19, 2025 | 2207820 | Seed | 1010569 | 3473467 | 7886611 | 2031621 |
Jun 18, 2025 | 7016270 | Angel | 9034175 | 6432151 | 6943037 | 4355443 |
Oct 22, 2024 | 6914599 | Angel | 3169711 | 9317228 |
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Millworks Technologies' founders and board of directors
Founder? Claim ProfileMillworks Technologies' employee count trend
Millworks Technologies has 42 employees as of Aug 26. Here is Millworks Technologies's employee count trend over the years:
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Millworks Technologies's Competitors and alternates
Top competitors of Millworks Technologies include Paras Defence & Space Technologies, Moog and Leidos. Here is the list of Top 10 competitors of Millworks Technologies, ranked by Tracxn score:
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Rank | Company Details | Short Description | Total Funding | Investors | Tracxn Score |
|---|---|---|---|---|---|
1st |  Paras Defence & Space Technologies 1972, Navi Mumbai (India), Public | Company offering wide range of defence products & solutions | $4.57M | 73/100 | |
2nd | Moog 1951, East Aurora (United States), Acquired | Manufacturer of motion control products and systems for multiple industries | $12M | 68/100 | |
3rd | Leidos 1969, United States, Acquired | Provider of healthcare IT solutions and defence components services | - | 65/100 | |
4th | Data Patterns 1985, Chennai (India), Public | Provider of mission‑critical embedded electronic systems and sensor‑centric solutions | - | 62/100 | |
5th | - | $40.5M | 61/100 | ||
6th | Mistral Solutions 1997, Bengaluru (India), Acquired | Product engineering services & homeland security solutions. | $9.5M | 60/100 | |
7th |  Rangsons Aerospace 2011, Mysuru (India), Early Stage | Company specializes in developing aerospace and defense solutions by integrating technology, engineering, and manufacturing expertise | $34.4M | 58/100 | |
8th | Babcock International Group 1891, London (United Kingdom), Public | Global defence engineering provider supporting military, nuclear, marine, aviation sectors | - | 57/100 | |
9th | Manufacturer of electronic products for the armed forces | - | - | 56/100 | |
10th | Develops and manufactures mission-critical products and solutions | $115M | 56/100 | ||
20th |  Millworks Technologies 2021, Bengaluru (India), Public | Manufacturer of precision machined components, sheet metal parts, and sub assemblies for the aerospace, defense, railway, and semiconductor industries | $4.38M | 44/100 |
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Millworks Technologies's Latest cap tables and shareholding
Founders own 14.38%, Enterprises own 0.67%, Angels own 16.49% and Other People (largest shareholder) own 68.47%. The net worth of Millworks Technologies's founders is INR 86.3Cr as of Jan 23, 2026.
Shareholders Name | Post Round Holding % | Net worth | Cumulative Investment | Realised Returns | Unrealised Returns | Return Multiple |
|---|---|---|---|---|---|---|
Founder | 14.38% | 86.3Cr | 3382925 | 3769504 | 6169897 | 6261650 |
Enterprise | 0.67% | 4Cr | 0 | 0 | 0 | 0 |
Angel | 16.49% | 99Cr | 1968082 | 3983337 | 5573363 | 7765407 |
420 | 295 | 877 | 669 | 805 | 628 | |
64 | 51 | 88 | 57 | 82 | 21 | |
4 | 1 | 2 | 6 | 5 | 7 | |
0 | 0 | 0 | 0 | 0 | 0 | |
Other People | 68.47% | 411Cr | 8247918 | 4609378 | 2944787 | 7641492 |
Total | 100.00% | 600Cr | 8696879 | 6592795 | 2459586 | 8690804 |
To unlock detailed Cap Table of Millworks Technologies Sign up today!Notes: The column Net Worth represents the net worth of investments made by that entity, as per the latest cap table.
DisclaimerView more details of Millworks Technologies's Shareholding
Millworks Technologies's Investments and acquisitions
Millworks Technologies has made no investments or acquisitions yet.
Reports related to Millworks Technologies
Here is the latest report on Millworks Technologies's sector:
News related to Millworks Technologies
Media has covered Millworks Technologies for a total of 3 events in the last 1 year.
•
•
Millworks Tech SME IPO GMP surges to nearly 85% ahead of issue launchMoneycontrol•Jul 08, 2026•Millworks Technologies
•
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