Monolithisch India IPO - Day 3 Subscription at 182.89 Times

Monolithisch India's initial public offering (IPO) has demonstrated exceptional investor demand through its three-day subscription period, with Monolithisch India's stock price fixed at ₹143 per share and Monolithisch India's share price expected to reflect outstanding market reception. The ₹82.02 crore IPO has witnessed remarkable progress, with subscription rates opening at 2.26 times on day one, surging to 8.13 times on day two, and reaching extraordinary 182.89 times by 5:04:59 PM on the final day, demonstrating tremendous investor interest in this manufacturer and supplier of specialised "ramming mass" heat insulation refractory used in iron and steel industry induction furnaces that offers products including SGB-777, SLM-999, BG-77, Quartzite Grain SLM-980 and SLM 980, operates ISO certified manufacturing unit in Purulia, West Bengal with easy access to raw material sources, and serves major customers who are iron and steel producers in Eastern India primarily in West Bengal, Jharkhand, and Odisha.

Monolithisch India IPO non-institutional investors segment leads with phenomenal 459.99 times subscription, while qualified institutional buyers show exceptional participation at 129.20 times and retail investors demonstrate outstanding interest at 94.71 times, reflecting tremendous investor confidence in this company that has grown its client base from 43 in 2023 to 61 in 2025, employs 26 full-time employees and hires contract labor for manufacturing operations, and raised ₹23.35 crores from anchor investors on June 11, 2025 with anchor lock-in periods ending July 17, 2025 (50% shares) and September 15, 2025 (remaining shares). The Monolithisch India stock price performance post-listing will be closely watched given the exceptional subscription levels, while Monolithisch India's share price is expected to trade on NSE SME platform.

Monolithisch India IPO subscription reaching exceptional 182.89 times on the final day, led by NII (459.99x), QIB (129.20x), and Retail (94.71x). Total applications reached 1,96,327.

Subscription Status of Monolithisch India IPO:

Here are the subscription details for Monolithisch India IPO as of Day 3 (June 16, 2025, 5:04:59 PM):

Monolithisch India IPO Reservation

*The "Shares Offered" and "Total Amount" are calculated using the upper limit of the issue price range.
**Shares allocated to anchor investors (or market makers) are excluded from the total number of shares offered.

Key Highlights - Day 3:

• Overall subscription reaching exceptional 182.89 times, massive surge from day two's 8.13 times
• NII segment leading with phenomenal demand at 459.99 times, extraordinary jump from day two's 7.60 times
• QIB segment showing exceptional participation at 129.20 times, remarkable increase from day two's 5.18 times
• Retail segment demonstrating outstanding interest at 94.71 times, significant surge from day two's 10.04 times
• Total applications reached 1,96,327, indicating massive investor participation
• The cumulative bid amount reached ₹9,977.41 crores against issue size of ₹82.02 crores
• Final day demonstrating exceptional confidence in the refractory materials manufacturing sector
• All investor categories showing massive oversubscription, reflecting strong market reception
• Outstanding performance across all segments indicating robust demand for specialised manufacturing

Monolithisch India IPO - Day 2 Subscription at 8.13 Times

Key Highlights - Day 2:

• Overall subscription improving to 8.13 times, showing strong momentum from day one's 2.26 times
• Retail segment leading with solid demand at 10.04 times, substantial improvement from day one's 2.03 times
• NII segment showing strong participation at 7.60 times, significant jump from day one's 1.16 times
• QIB segment demonstrating growing interest at 5.18 times, improvement from day one's 3.50 times
• Second day momentum indicates building investor confidence in the refractory materials sector
• Strong performance across all categories suggesting growing market recognition

Monolithisch India IPO - Day 1 Subscription at 2.26 Times

Key Highlights - Day 1:

• Overall subscription opening solid at 2.26 times, showing good initial investor interest
• QIB segment leading with strong early participation at 3.50 times, indicating institutional confidence
• Retail segment showing solid early interest at 2.03 times, reflecting individual investor enthusiasm
• NII segment showing moderate initial participation at 1.16 times on day one
• Opening day demonstrates encouraging investor engagement across categories
• Initial momentum reflecting positive assessment of the specialised manufacturing opportunity
• Strong first day foundation indicating building market confidence

About Monolithisch India  IPO

Incorporated in August 2018, Monolithisch India Limited manufactures and supplies specialised "ramming mass," a heat insulation refractory used in iron and steel industry induction furnaces. The company's products include SGB-777, SLM-999, BG-77, Quartzite Grain SLM-980 and SLM 980, and is ISO certified specialising in manufacturing specialised ramming mass for heat insulation, used by customers as refractory consumable in induction furnaces for iron, steel, and foundry plants.

Financial performance shows strong growth with revenue increasing 41% from ₹68.94 crores in FY2024 to ₹97.49 crores in FY2025, while profit after tax surged 70% from ₹8.51 crores to ₹14.49 crores. The company maintains excellent profitability metrics with 53.94% ROE, 46.22% ROCE, and operates with debt-to-equity ratio of 0.21 and market capitalisation of ₹310.82 crores. 

Highlights of the Monolithisch India  IPO:

• IPO type: Book Building IPO
• IPO size: ₹82.02 crores
• Fresh Issue: 54.48 lakh shares
• Face value: ₹10 per share
• Issue price: ₹143 per share
• Lot size: 1,000 shares
• Minimum investment for retail investors: ₹1,43,000 (1 lot, 1,000 shares)
• Minimum investment for HNI: ₹2,86,000 (2 lots, 2,000 shares)
• Market maker reservation: 2,88,000 shares
• Book-running lead manager: Hem Securities Limited
• Registrar: Kfin Technologies Limited
• Market maker: Hem Finlease Private Limited
• Listing at: NSE SME
• IPO opens: June 12, 2025
• IPO closes: June 16, 2025
• Allotment date: June 17, 2025
• Listing date: June 19, 2025