Monolithisch India IPO Details
The key details of Monolithisch India’s IPO are outlined below, covering all crucial aspects from price range to investment requirements and regulatory documents.
| IPO Size | ₹82.02 Cr |
| Price Range | ₹135 - ₹143 |
| Retail Quota | 35% |
| QIB Quota | 50% |
| NII Quota | 15% |
| Employee Discount | -- |
| Listing at | NSE |
| Minimum Quantity | 1000 |
| Investment (cut-off price) | ₹1,43,000 |
| Pre IPO Promotor Holding | 100.00% |
| Post IPO Promotor Holding | 73.61% |
| DHRP Draft | Click Here |
| RHP Draft | Click Here |
| Anchor Investors List | Click Here |
Monolithisch India IPO Timelines
The IPO process for Monolithisch India includes key dates for participants to know. The timeline allows for strategic planning and participation, helping investors stay informed and engaged throughout the entire process.
12/06/2025
Start Date16/06/2025
End Date18/06/2025
Refund Initiation18/06/2025
Credit of Shares to Demat Ac19/06/2025
Listing DateMonolithisch India IPO Lot Size
The Monolithisch India IPO has a fixed lot size of 1,000 shares, at an upper price band of ₹143 per share, requiring ₹143,000 per lot for retail investors. For HNI investors, the minimum application is 2,000 shares (2 lots) amounting to ₹286,000.
| Application | Lot Size | Shares | Amount |
|---|---|---|---|
| Retail Minimum | 1 | 1000 | ₹1,43,000 |
| Retail Maximum | 1 | 1000 | ₹1,43,000 |
| HNI Minimum | 2 | 2000 | ₹2,86,000 |
Monolithisch India IPO Subscription Status
The subscription status for Monolithisch India IPO shows market demand across different investor categories, providing valuable insights into the offering’s performance. You can track real-time subscription data below.
| QIB | NII | Retail | EMP | Total |
|---|---|---|---|---|
| 129.20x | 459.99x | 94.71x | -- | 182.89x |
IPO Performance on Listing Day
On the listing day (June 19, 2025), Monolithisch India made a spectacular debut on the stock exchange. The stock opened at ₹231.55, delivering an extraordinary premium of 61.9% over its issue price of ₹143. During the trading session, the stock maintained strong momentum, climbing to a high of ₹243.10 while finding support above ₹230. The shares concluded their first trading day at ₹243.10, securing an outstanding gain of 70% over the issue price, demonstrating robust investor appetite for this company.
| Opening Price | Closing Price | Day High | Day Low |
|---|---|---|---|
| ₹231.55 | ₹243.10 | ₹243.10 | ₹230 |
Monolithisch India IPO Company Financials
Monolithisch India IPO reports robust performance in FY2025 with Total Income of ₹97.49 crores, managing expenses at ₹78.06 crores, and achieving a strong PAT (Profit After Tax) of ₹14.49 crores, demonstrating significant growth potential ahead of its public offering.
| Year | Total Income | Total Expense | PAT |
|---|---|---|---|
| FY 2023 | ₹41.90 | ₹35.60 | ₹4.54 |
| FY 2024 | ₹68.94 | ₹56.81 | ₹8.51 |
| FY 2025 | ₹97.49 | ₹78.06 | ₹14.49 |
About Company
Monolithisch India Limited, incorporated in August 2018, specializes in the manufacturing and supply of specialized ramming mass—a heat insulation and refractory lining material used primarily in induction furnaces for the iron, steel, and foundry industries. Their product lineup includes variants such as SGB-777, SLM-999, BG-77, Quartzite Grain SLM-980, and SLM 980. These products are developed to meet specific customer requirements based on furnace size and type. The company sources alpha-quartzite and stone boulders, known for their hardness and resistance to erosion, from Bihar, Jharkhand, and Madhya Pradesh, and trades its products occasionally to fulfill urgent customer demands. Monolithisch is ISO certified and serves a growing clientele concentrated in Eastern India, particularly in West Bengal, Jharkhand, and Odisha.
The company operates a manufacturing facility in Purulia, West Bengal, spanning 3.5 acres with a production capacity of 132,000 MTPA. Investments in plant and machinery totaled INR 2.23 crore in FY 2023, INR 1.69 crore in FY 2024, and INR 2.42 crore in FY 2025, reflecting ongoing capacity enhancements. As of March 31, 2025, the company employed 26 full-time staff and relied on contract labor for its operations. The client base has steadily expanded from 43 in 2023 to 61 in 2025, demonstrating growing market traction in Eastern India’s metallurgical sector.
| Incorporation Date | Sector | Managing Director |
|---|---|---|
| 2018 | Iron & Steel | Harsh Tekriwal |
Know Before Investing
Monolithisch India IPO Strengths
- Monolithisch India has demonstrated robust financial performance, with revenue rising from ₹68.94 crore in FY24 to ₹97.49 crore in FY25, and profit after tax (PAT) increasing by around 70% from ₹8.51 crore to ₹14.49 crore over the same period, reflecting operational efficiency and business scalability.
- Their manufacturing unit in Purulia, West Bengal, is strategically located near both raw material sources and major customers, providing logistical advantages and reducing transportation costs.
- Monolithisch India manufactures and supplies specialized ramming mass (acidic, basic, and neutral variants), concrete pipes, ceramic and vitrified tiles, and refractory ceramics, catering to a broad range of industrial and infrastructure needs.
- The company has built enduring relationships with iron and steel producers in Eastern India, particularly in West Bengal, Jharkhand, and Odisha, ensuring recurring business and stable demand.
- Monolithisch India invests in research and development to enhance product quality and develop new solutions, supporting its reputation for innovation and reliability.
- The company emphasizes sustainable manufacturing processes, waste minimization, and eco-friendly packaging, aligning with growing environmental awareness and regulatory requirements.
Monolithisch India IPO Risks
- The company’s primary clientele is iron and steel producers in West Bengal, Jharkhand, and Odisha, making it vulnerable to regional economic downturns or sector-specific demand shocks.
- Manufacturing ramming mass and related products depends on stable input and energy costs; any volatility in these could squeeze margins and profitability.
- Significant investments in plant and machinery are planned, but delays, cost overruns, or operational inefficiencies could impact future growth and returns.
- A major portion of revenue comes from ramming mass and related refractory products, exposing the company to risks from industry-specific downturns or changes in technology.
- Changes in environmental, safety, or industry-specific regulations could increase compliance costs or disrupt operations, affecting profitability and growth.
- The company relies on certain suppliers for a significant portion of its raw materials and does not have long-term agreements in place. Any disruption or loss of these supplier relationships could adversely affect operations and cash flow.
Swot Analysis for Monolithisch India IPO
Strengths
Strong Revenue & Profit Growth, Diversified Industrial Products, Quality & Eco-Friendly Focus
Weaknesses
Regional Customer Concentration, Small Workforce, High Capex Needs
Opportunities
Steel & Infrastructure Sector Growth, Tech & Capacity Upgrades, Product/Market Diversification
Threats
Intense Competition, Raw Material Price Swings, Economic/Regulatory Risks
Company Details
Monolithisch India Limited
Plot No. 381, Village Utaraha, P.S. Neturia, Purulia, West Bengal 723101, India
Phone: +919155330164
Email: cs@monolithischindia.in
Website: https://monolithisch.com/
IPO Registar Details
Kfin Technologies Limited
Phone: 04067162222, 04079611000
Email: mil.ipo@kfintech.com
Website: https://kosmic.kfintech.com/ipostatus/
FAQs
The key objectives of Monolithisch India IPO are:
- Funding capital expenditure towards setting up of a manufacturing facility of the Company by purchase of land, building of factory shed, civil work and installation of additional plant and machinery therein
- Investment in our Subsidiary, Metalurgica India Private Limited for financing its capital expenditure towards purchase of land, building of factory shed, civil work and installation of additional plant and machinery therein
- To meet working capital requirements
- General Corporate Purpose
Hem Securities Limited is the book-running lead managers for the Monolithisch India IPO.
Monolithisch India IPO demonstrates strong growth potential, driven by consistent financial performance and a strategic focus on the iron and steel sector. The company has shown significant revenue and profit growth over the past three fiscal years, with revenue rising from ₹41.90 crore in FY23 to ₹97.49 crore in FY25, and net profit increasing from ₹4.54 crore to ₹14.49 crore during the same period.
The issue price for the Monolithisch India IPO is set between ₹135 to ₹143 per share.
To invest in one lot of Monolithisch India IPO, you need ₹1,35,000 at the lower price band (₹135 per share) or ₹1,43,000 at the upper price band (₹143 per share) for a lot size of 1000 shares.
Monolithisch India IPO shares are scheduled to be listed on the National Stock Exchange (NSE) on June 19, 2025.
Refund/unblocking of funds for Monolithisch India IPO will begin on June 18, 2025. ASBA/UPI blocks will be removed within 1 working day.
You can sell shares your Monolithisch India IPO shares on listing day (June 19, 2025) after they are credited to your demat account. If you want to sell in the pre-open market, the timing for that session is from 9:00 AM to 9:15 AM. Otherwise, you can sell after 10:00 AM during regular trading hours.