✅Get complete details about the Monolithisch India IPO including IPO dates, price band, lot size, issue size, company background, GMP and allotment status updates.
📈 IPO Listing Details
| Issue Price | [₹143] |
| Listing Price | [₹231.55] |
| Listing Gain/Loss (%) | [+61.92%] |
📊 IPO Details
| IPO Type | SME |
|---|---|
| IPO Method | Book Building |
| IPO Open Date | 12 June 2025 (Thursday) |
| IPO Close Date | 16 June 2025 (Monday) |
| IPO Listing Date | 19 June 2025 (Thursday) |
| Price Band | ₹135 to ₹143 per share |
| Lot Size | 1000 Shares |
| Face Value | 10 |
| Issue Size | ₹82.02 Crores (approx.) |
| Fresh Issue | ₹82.02 Crores (approx.) |
| Offer for Sale (OFS) | Not Applicable |
| Listing Exchange | NSE (NSE is the designated stock exchange) |
🔔 IPO Timeline
⏳ IPO Subscription Status (Day-wise)
| Day | QIB | NII | RII | Employees | Total |
|---|---|---|---|---|---|
| Day 1 | x | x | x | x | x |
| Day 2 | 5.18x | 5.86x | 9.81x | x | 7.52x |
| Day 3 | 34.66x | 73.24x | 42.38x | x | 48.65x |
📋 Monolithisch India IPO reservation table
| Investor Category | Shares Offered | Shares Bid For | Times Subscribed |
|---|---|---|---|
| Anchor Investors | 16,33,000 | 16,33,000 | 1x |
| Qualified Institutional Buyers (QIB) | 10,90,000 | 3,77,88,000 | 34.66x |
| Non-Institutional Investors (NII) | 11,06,000 | 8,10,04,000 | 73.24x |
| Retail Individual Investors (RII) | 19,07,000 | 8,08,10,000 | 42.38x |
📦 Monolithisch India IPO Lot Size
Table is Prepared at the upper end of the price band (₹143).
| Application | Lot Size | No. of Shares | Amount |
|---|---|---|---|
| Retail (Min) | |||
| Retail (Max) | |||
| S-HNI (Min) | |||
| S-HNI (Max) | |||
| B-HNI (Min) |
👤👥 Promoter Shareholding Table (Pre & Post Issue)
| Shareholder | Pre-Issue Holding (%) | Post-Issue Holding (%) |
|---|---|---|
| Promoters | 100.00% | 73.61% |
| Others (Public / Investors) | – | 26.39% |
| Total | 100% | 100% |
🏢 Company Overview
Monolithisch India Limited, originally incorporated as Monolithisch India Private Limited on August 30, 2018, is an ISO-certified company engaged in the manufacturing and supply of specialized ramming mass, used as a heat insulation and refractory consumable in induction furnaces within iron, steel, and foundry plants. The company is also involved in occasional trading of these products to fulfill urgent or excess demand from clients. With its operational base in Purulia, West Bengal, and a corporate office in Ranchi, Jharkhand, the company benefits from proximity to both its customers and raw material suppliers, most of whom are located in neighboring states. Monolithisch India is certified with ISO 9001:2015, ISO 14001:2015, ISO 22301:2019, ISO 37301:2021, ISO 45001:2018, and ISO/IEC 27701:2022, ensuring high-quality, environmentally responsible, and secure business practices. As of fiscal 2024–25, the company is poised to expand its production capacity by investing in land and infrastructure to serve growing demand. The company was converted into a public limited company following a shareholder resolution dated September 30, 2024, and received its new name, Monolithisch India Limited, via a fresh certificate of incorporation issued on November 21, 2024. Monolithisch India Limited’s strategic focus, ISO certifications, and plans for expansion position it as an emerging player in the industrial refractory segment across eastern India and beyond.
🎯 Objects of the Offer
- Funding capital expenditure for setting up a manufacturing facility (purchase of land, construction, civil work, machinery).
- Investment in subsidiary (Metalurgica India Pvt Ltd) for similar capital expenditure.
- Working Capital Requirements.
- General corporate purposes.
₹ Financial Snapshot (As of and For the Fiscal Ended on)
| Particulars | 31-Mar-2025 | 31-Mar-2024 | 31-Mar-2023 |
|---|---|---|---|
| Revenue (₹ Cr) | 97.34 | 68.88 | 41.88 |
| Profit After Tax (₹ Cr) | 14.49 | 8.51 | 4.54 |
| Profit After Tax Margin (%) | 14.88% | 12.36% | 10.85% |
| Earnings per share (in ₹) | 9.11 | 5.39 | 2.88 |
| Total Assets (₹ Cr) | 55.90 | 27.64 | 16.20 |
| Total Borrowings (₹ Cr) | 7.43 | 2.70 | 3.67 |
| Net Worth (₹ Cr) | 35.20 | 18.52 | 10.01 |
| NAV per equity share (in ₹) | 22.13 | 11.72 | 6.33 |
📈 Key Performance Indicators
| Particulars | FY2024-25 | FY2023-24 | FY2022-23 |
|---|---|---|---|
| EBITDA (₹ Cr) | 21.06 | 12.96 | 6.72 |
| EBITDA Margin (%) | 21.64% | 18.81% | 16.04% |
| Return on Equity (RoE %) | 53.94% | 59.69% | 58.74% |
| Return on Capital Employed (RoCE %) | 46.22% | 57.86% | 46.80% |
⚔️ Comparison with Listed Competitors
| Company Name | Closing Price (02/06/25) | Face Value (₹) | Revenue (₹ in Cr) | EPS* (₹) | P/E Ratio (x) | RONW (%) | NAV (₹) |
|---|---|---|---|---|---|---|---|
| Monolithisch India Limited | – | 10.00 | ₹97.34 | 9.11 | – | 41.15% | 22.13 |
| Raghav Productivity Enhancers Limited | 713.55 | 10.00 | ₹199.65 | 8.05 | 88.64 | 19.12% | 42.10 |
*EPS figures are as per respective company financials. P/E is based on closing prices as on June 02, 2025.Data is based on the latest available financials and may differ from actual market movements. Revenue is For the Fiscal Year 2025.
🔍 Strengths & Risks
💪 Key Strengths
- Monolithisch India has an established manufacturing unit with proximity to raw material sources, aiding operational efficiency
- The company has long-standing ties with its regional customers, especially in West Bengal, Odisha, and Jharkhand
- The promoters bring industry experience, contributing to steady financial growth and business expansion
- Monolithisch offers a diverse range of specialized ramming mass products catering to various furnace applications
⚠️ Key Risks
- Over 90% of the company’s revenue comes from West Bengal, Odisha, and Jharkhand, exposing it to geographic concentration risks
- Reliance on a single type of product—ramming mass.
- Business Conflict with Group Company
- The business is capital-intensive, and any delay in receivables or inventory mismanagement may disrupt the financial cycle
🧾 Monolithisch India IPO GMP Today (Grey Market Premium)
The Grey Market Premium (GMP) of the Monolithisch India IPO indicates how the IPO might perform on listing day based on informal trading before the listing. GMP reflects investor sentiment in the unofficial market before shares are officially listed.
Note: Current GMP data for Monolithisch India IPO is not available at the moment. Please check back later for updates.
📞 Key Contacts for Monolithisch India IPO
| 🏢 Company Contact Deepa Vijay Agrawal (Company Secretary & Compliance Officer) 📍 Monolithisch India Limited Cosy Corner, Burdwan Compound, Lalpur, Ranchi GPO, Ranchi, Jharkhand – 834001, India 📞 +91 9155330164 📧 cs@monolithischindia.in 🌐 www.monolithisch.com | 🧾 Registrar to the Issue KFin Technologies Limited 📍 Selenium Tower-B, Plot 31 & 32, Gachibowli, Financial District, Nanakramguda, Serilingampally, Hyderabad – 500032, Telangana, India 📞 +91 40 6716 2222 📧 mil.ipo@kfintech.com 📧 einward.ris@kfintech.com (Investor Grievances) 🌐 www.kfintech.com |
📘 Book Running Lead Managers (BRLMs)
| BRLM Full Name |
|---|
| Hem Securities Limited. |
For full contact details including representatives, emails, and phone numbers, of BRLM’s please refer to the Red Herring Prospectus (RHP).
📂Important IPO Documents
- 📄 Red Herring Prospectus (RHP)
- 📄 Draft Red Herring Prospectus (DRHP)
- 📄 Monolithisch India IPO Basis of Allotment (BOA).
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