Monolithisch India Limited Link 
Allotment
Monolithisch Limited launched a book-built IPO worth ₹82.02 crore, comprising entirely a fresh issue of 0.57 crore equity shares.
The IPO was open for subscription from June 12, 2025, to June 16, 2025, with allotment finalized on June 17, 2025. The shares were subsequently listed on the NSE SME platform on June 19, 2025.
The IPO was offered at a price band of ₹143 per share. Investors could apply in a lot size of 1,000 shares, requiring a minimum investment of ₹1,35,000 for retail applicants. High Net-worth Individuals (HNIs) were required to apply for a minimum of two lots (2,000 shares), amounting to ₹2,86,000.
Hem Securities Ltd. acted as the Book Running Lead Manager, while Kfin Technologies Ltd. served as the registrar. Hem Finlease Pvt. Ltd. was appointed as the market maker for the IPO.
For more details, refer to the Monolithisch IPO Red Herring Prospectus (RHP).
₹143
0%
Open
₹143
HIgh - Low
₹143
Previous Close
₹143
Total Traded Value
0
52 Weeks High
₹143
52 Weeks Low
₹143
Updates On
Jun 5, 2025
IPO. Open
Jun 12, 2026
IPO. Close
Jun 16, 2026
IPO. Price
₹143.00
IPO Market price
₹310.82 Cr
IPO Details
| IPO Date | 19 Jun |
| IPO Listing Date | 19 Jun |
| IPO Face Value | ₹10 per share |
| IPO Price Range | ₹143.00 |
| IPO Issue Size | 57,36,000 shares |
| IPO Sale Type | Fresh Capital |
| Employee Discount | - |
| IPO Issue Type | Bookbuilding IPO |
| IPO Listing | NSE SME Platform |
| Share Holding Pre Issue | 1,60,00,000 shares |
IPO Timeline
| IPO Open Date | 12 Jun |
| IPO Close Date | 16 Jun |
| IPO Allotment (Tentative) | 17 Jun |
| Refunds | 18 Jun |
| Credit to Demat Account | 18 Jun |
| IPO Listing Date | 19 Jun |
IPO Reservation
| Category | Offer |
|---|---|
| QIB Shares Offered | 27,23,000 Shares |
| NII (HNI) Shares Offered | 8,18,000 Shares |
| Retail Shares Offered | 19,07,000 Shares |
IPO Lot Size
Investors may apply for a minimum of 1,000 shares, with bids accepted in multiples of 1,000 shares.
| Application | Lots | Share | Amount |
|---|---|---|---|
| Retail (Min) | 1 | 1,000 | ₹1,43,000 |
| Retail (Max) | 1 | 1,000 | ₹1,43,000 |
| S-HNI (Min) | 2 | 2,000 | ₹2,86,000 |
| S-HNI (Max) | - | - | - |
| B-HNI (Min) | - | - | - |
Incorporated in August 2018, Monolithisch India Limited manufactures and supplies specialized “ramming mass”, a heat-insulation refractory used in induction furnaces for the iron and steel industry.
The company’s product portfolio includes: SGB-777, SLM-999, BG-77, Quartzite Grain SLM-980, and SLM-980. As an ISO-certified manufacturer, Monolithisch specializes in producing high-quality ramming mass, used as a refractory consumable by iron, steel, and foundry plants.
Operations & Customer Base
The company primarily serves iron and steel producers in Eastern India, with a focus on West Bengal, Jharkhand, and Odisha. Its manufacturing facility is located in Purulia, West Bengal.
Monolithisch has steadily expanded its client base, growing from 43 customers in 2023 to 61 customers in 2025. As of March 31, 2025, the company had 26 full-time employees, with additional contract labor hired for various manufacturing operations.
Competitive Strengths
Established manufacturing facility with convenient access to raw material sources
Long-standing customer relationships and strategic location advantage
Experienced promoters and management team
Proven track record of healthy financial performance
Company Financials (Consolidated)
| Assets | 55.9 | 27.64 | 16.2 |
| Total Income | 97.49 | 68.94 | 41.9 |
| Profit After Tax | 14.49 | 8.51 | 4.54 |
| EBITDA | - | - | - |
| NET Worth | 35.2 | 18.52 | 10.01 |
| Reserves and Surplus | 19.2 | 16.72 | 8.21 |
| Total Borrowing | 7.43 | 2.7 | 3.67 |
Key Performance Indicator (KPI)
| ROE | 53.94% |
| ROCE | 46.22% |
| Debt/Equity | 0.21 |
| RoNW | 41.15% |
| PAT Margin | 14.88% |
| EBITDA Margin | 18.81% |
| Price to Book Value | 12.2 |
IPO Objects of the Issue
| S.No. | Objects of the ipo Resources Detail | IPO Amount |
|---|---|---|
| 1 | Funding capital expenditure requirements for the purchase of equipment/machineries | 16.58 |
| 2 | To meet out the expenses of Working Capital Requirement | 20 |
| 3 | To meet out the General Corporate Purposes; | 8.35 |
| 4 | Offer for Sale (OFS) | - |
Contact Details
Monolithisch India Ltd. Address
Plot No. 381, Village
Utaraha,
P.S. Neturia,
Purulia, West Bengal, 723101
+919155330164
cs@monolithischindia.in
Detail Registrar
IPO Registrar
Kfin Technologies Ltd.
04067162222, 04079611000
mil.ipo@kfintech.com
https://ipostatus.kfintech.com/
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