Monolithisch India IPO
IPO Listing Details
- Listing Date
19 Jun 2025
- Listing Price
₹ 231.55
- Listing Change
61.92%
- Last Traded Price
₹ 429.80
IPO Details
-
Open Date
12 Jun 2025
-
Close Date
16 Jun 2025
-
Listing Date
19 Jun 2025
- IPO Price Range
₹ 135 to ₹143
- IPO Size
₹ 82.02 Cr
- Listing Exchange
NSE SME
IPO Timeline
Monolithisch India IPO Subscription Status
| Date | QIB | NII | Retail | TOTAL |
|---|---|---|---|---|
| 12-Jun-25 | 3.50 | 1.16 | 1.99 | 2.24 |
| 13-Jun-25 | 5.18 | 7.59 | 9.99 | 8.10 |
| 16-Jun-25 | 129.20 | 459.99 | 94.71 | 182.89 |
Last Updated: 17 June 2025 11:09 AM by 5paisa
Monolithisch India Limited is launching a ₹82.02 crore IPO via book building, comprising an entirely fresh issue of 57.36 lakh shares. The company manufactures and supplies specialised "ramming mass," a heat insulation refractory material used in induction furnaces in the iron and steel industry.
Its key products include SGB-777, SLM-999, BG-77, Quartzite Grain SLM-980, and SLM 980. The company is ISO-certified and services major customers in Eastern India—West Bengal, Jharkhand, and Odisha.
Its manufacturing facility is located in Purulia, West Bengal, with close proximity to raw material sources.
Established in: 2018
Managing Director: Harsh Tekriwal
Peers
Raghav Productivity Enhancers Ltd.
Objectives
Funding capital expenditure for setting up a manufacturing facility (purchase of land, building of factory shed, civil works, plant and machinery).
Investment in a subsidiary, Metalurgica India Private Limited, for its manufacturing facility.
Meeting working capital requirements.
General corporate purposes.
Monolithisch India IPO Size
| Types | Size |
|---|---|
| Total IPO Size | ₹82.02 Cr. |
| Offer For Sale | - |
| Fresh Issue | ₹82.02 Cr. |
Monolithisch India IPO Lot Size
| Application | Lots | Shares | Amount |
|---|---|---|---|
| Retail (Min) | 1 | 1000 | ₹1,35,000 |
| Retail (Max) | 1 | 1000 | ₹1,35,000 |
| HNI (Min) | 2 | 2000 | ₹2,70,000 |
Monolithisch India IPO Reservation
| Investors Category | Subscription (times) | Shares Offered | Shares bid for | Total Amount (Cr.)* |
|---|---|---|---|---|
| QIB | 129.20 | 10,90,000 | 14,08,31,000 | 2,013.88 |
| NII (HNI) | 459.99 | 8,18,000 | 37,62,75,000 | 5,380.73 |
| Retail | 94.71 | 19,07,000 | 18,06,16,000 | 2,582.81 |
| Total** | 182.89 | 38,15,000 | 69,77,22,000 | 9,977.42 |
*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.
| Particulars (in Rs. Crores) | FY23 | FY24 | FY25 |
|---|---|---|---|
| Revenue | 41.90 | 68.94 | 97.49 |
| EBITDA | 6.72 | 12.96 | 21.06 |
| PAT | 4.54 | 8.51 | 14.49 |
| Particulars (in Rs. Crores)] | FY23 | FY24 | FY25 |
|---|---|---|---|
| Total Assets | 16.20 | 27.64 | 55.90 |
| Share Capital | 1.80 | 1.80 | 16.00 |
| Total Borrowings | 3.67 | 2.70 | 7.43 |
| Particulars (in Rs. Crores | FY23 | FY24 | FY25 |
|---|---|---|---|
| Net Cash Generated From / (used in) operating activities | 0.79 | 4.13 | 4.00 |
| Net Cash Generated From / (used in) investing activities | -2.62 | -2.81 | -10.58 |
| Net Cash Generated From / (used in) financing activities | 1.70 | -1.13 | 6.65 |
| Net Increase (Decrease) In Cash And Cash Equivalents | 0.014 | 0.019 | 0.008 |
Strengths
1. Established manufacturing facility with proximity to raw material sources.
2. Long-standing customer relationships in Eastern India.
3. Experienced promoters and management team.
4. Track record of robust financial performance with growing revenue and PAT.
Weaknesses
1. Heavy customer concentration in Eastern India (limited geographic diversification).
2. Reliance on a single type of product—ramming mass.
3. Exposure to the cyclicality of the iron and steel sector.
4. Increased debt levels post-CapEx.
Opportunities
1. Potential to expand customer base across India and internationally.
2. Opportunity to diversify product portfolio.
3. Benefit from the rising demand in India's steel industry.
4. Strong government infrastructure push aiding steel consumption.
Threats
1. Market competition from established refractory companies.
2. Fluctuation in raw material prices.
3. Dependence on the cyclical iron and steel industry.
4. Regulatory changes impacting the metals sector.
1. According to industry reports, the Indian refractory materials market is expected to grow substantially, driven by rising demand from iron, steel, foundry, cement, and non-ferrous metal industries.
2. The Indian steel industry is projected to grow rapidly, supported by government initiatives such as the National Steel Policy 2017 and large infrastructure projects. This will boost demand for refractory consumables like ramming mass, providing significant growth opportunities for Monolithisch India Limited.
1. Strong financial growth: Revenue has more than doubled from ₹41.90 Cr in FY23 to ₹97.49 Cr in FY25; PAT has risen sharply as well.
2. Established market presence in Eastern India, serving key steel producers.
3. Experienced management and proven operational track record.
4.Positioned to benefit from the growth in India’s steel sector and infrastructure investments.
5. Focused capital expenditure plan to enhance manufacturing capacity and broaden the customer base.
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FAQs
Monolithisch India IPO opens from June 12 2025, to June 16 2025.
The size of the Monolithisch India IPO is ₹82.02 Cr.
The price of Monolithisch India IPO is fixed at ₹135 to ₹143 per share.
To apply for Monolithisch India IPO, follow the steps given below:
● Log in to your 5paisa account and select the issue in the current IPO section
● Enter the number of lots and the price at which you wish to apply for the Monolithisch India IPO.
● Enter your UPI ID and click on submit. With this, your bid will be placed with the exchange.
You will receive a mandate notification to block funds in your UPI app.
The minimum lot size for Monolithisch India IPO is 1,000 shares and the investment required is ₹1,35,000.
The allotment date of Monolithisch India IPO is June 17, 2025.
The Monolithisch India IPO will likely be listed on June 19, 2025.
Hem Securities Limited is the book running lead manager for Monolithisch India IPO.
Monolithisch India plans to utilise the raised capital from the IPO for:
- Funding capex for its new manufacturing facility.
- Investment in subsidiary Metalurgica India Private Limited.
- Meeting working capital requirements.
- General corporate purposes.
Contact Information
Monolithisch India
Monolithisch India Limited
Plot No. 381, Village
Utaraha,
P.S. Neturia,
Purulia, West Bengal
Phone: +919155330164
Email: cs@monolithischindia.in
Website: https://monolithisch.com/
Monolithisch India IPO Register
Kfin Technologies Limited
Phone: 04067162222, 04079611000
Email: mil.ipo@kfintech.com
Website: https://kosmic.kfintech.com/ipostatus/
Monolithisch India IPO Lead Manager
Hem Securities Limited
