Zerodha > Trade @ ₹20 (Free Delivery)Know More
Free Account Opening + AMC Free Demat

Monolithisch IPO vs Happy Square Outsourcing IPO

Comparison between Monolithisch IPO and Happy Square Outsourcing IPO.

IPO Details

Monolithisch IPO is a SME Bookbuilding IPO proposed to list at NSE SME while Happy Square Outsourcing IPO is a SME Bookbuilding proposed to list at NSE SME.

 Monolithisch IPOHappy Square Outsourcing IPO
LogoMonolithisch IPO LogoHappy Square Outsourcing IPO Logo
Issue CategorySMESME
Issue TypeIPOIPO
Process TypeBookbuildingBookbuilding
Listing AtNSE SMENSE SME
Lead ManagersHem Securities Ltd.Corpwis Advisors Pvt.Ltd.
RegistrarKfin Technologies Ltd.Purva Sharegistry (India) Pvt.Ltd.
Market MakerHem Finlease Pvt.Ltd.Giriraj Stock Broking Pvt.Ltd.
DRHPDRHP DRHP
RHPRHP RHP
Anchor InvestorAnchor Investor Anchor Investor
IPO Allotment URLIPO Allotment URL IPO Allotment URL

Issue Size and Price

The total issue size of Monolithisch IPO is up to ₹77.91 Cr whereas the issue size of the Happy Square Outsourcing IPO is up to ₹22.06 Cr. The final issue price of Monolithisch IPO is ₹143.00 per share and of Happy Square Outsourcing IPO is ₹76.00 per share.

 Monolithisch IPOHappy Square Outsourcing IPO
Face Value₹10 per share₹10 per share
Issue Price (Lower)₹135.00 per share₹72.00 per share
Issue Price (Upper)₹143.00 per share₹76.00 per share
Issue Price (Final)₹143.00 per share₹76.00 per share
Discount (Retail)₹0.00 per share
Discount (Employee)₹0.00 per share
Market Lot Size1000 shares1600 shares
Fresh Issue Size54,48,000 shares29,02,400 shares
Fresh Issue Size (Amount)up to ₹77.91 Crup to ₹22.06 Cr
OFS Issue Size0 shares0 shares
OFS Issue Size (Amount)up to ₹0.00 Crup to ₹0.00 Cr
Issue Size Total54,48,000 shares29,02,400 shares
Issue Size Total (Amount)up to ₹77.91 Crup to ₹22.06 Cr

IPO Timetable

Monolithisch IPO opens on Jun 12, 2025, while Happy Square Outsourcing IPO opens on Jul 03, 2025. The closing date of Monolithisch IPO and Happy Square Outsourcing IPO is Jun 16, 2025, and Jul 07, 2025, respectively.

 Monolithisch IPOHappy Square Outsourcing IPO
Anchor Bid DateJun 11, 2025Jul 02, 2025
Issue OpenJun 12, 2025Jul 03, 2025
Issue CloseJun 16, 2025Jul 07, 2025
Basis Of Allotment (Tentative)Jun 17, 2025Jul 08, 2025
Initiation of Refunds (Tentative)Jun 18, 2025Jul 09, 2025
Credit of Share (Tentative)Jun 18, 2025Jul 09, 2025
Listing date (Tentative)Jun 19, 2025Jul 10, 2025
Anchor Lockin End date 1Jul 16, 2025Aug 07, 2025
Anchor Lockin End date 2Sep 14, 2025Oct 06, 2025

Financials & KPIs

Monolithisch IPO P/E ratio is 15.79, as compared to Happy Square Outsourcing IPO P/E ratio of 10.83.

 Monolithisch IPOHappy Square Outsourcing IPO
Financials

Monolithisch India Limited Financial Information (Restated Standalone)

Monolithisch India Limited's revenue increased by 41% and profit after tax (PAT) rose by 70% between the financial year ending with March 31, 2025 and March 31, 2024.

Period Ended31 Mar 202531 Mar 202431 Mar 2023
Assets55.9027.6416.20
Total Income97.4968.9441.90
Profit After Tax14.498.514.54
Net Worth35.2018.5210.01
Reserves and Surplus19.2016.728.21
Total Borrowing7.432.703.67
Amount in ₹ Crore

Happy Square Outsourcing Services Limited Financial Information (Restated)

Happy Square Outsourcing Services Limited's revenue increased by 40% and profit after tax (PAT) rose by 34% between the financial year ending with March 31, 2025 and March 31, 2024.

Period Ended31 Mar 202531 Mar 202431 Mar 2023
Assets39.6428.3814.32
Total Income97.6869.5452.80
Profit After Tax5.904.391.79
EBITDA9.456.642.85
Net Worth12.486.572.14
Reserves and Surplus12.476.522.13
Total Borrowing14.5910.986.57
Amount in ₹ Crore
Promoter Shareholding (Pre-Issue)100.0084.00
Promoter Shareholding (Post-Issue)73.6160.89
P/E Ratio15.7910.83
Market Cap₹310.82 Cr.₹88.16 Cr.
ROE53.94%61.97%
ROCE46.22%57.75%
Debt/Equity0.211.17
EPS₹9.05₹7.02
RoNW41.15%61.97%

Shares Offered

In the Monolithisch IPO Retail Individual Investors (RII) are offered 19,07,000 shares while in Happy Square Outsourcing IPO retail investors are offered 19,07,000 shares. Qualified Institutional Buyers (QIB) are offered 10,90,000 shares in Monolithisch IPO and 5,79,200 shares in Happy Square Outsourcing IPO.

 Monolithisch IPOHappy Square Outsourcing IPO
Anchor Investor Reserveration16,33,000 shares8,68,800 shares
Market Maker Reserveration2,88,000 shares2,88,000 shares
QIB10,90,000 shares5,79,200 shares
NII8,18,000 shares4,36,800 shares
RII19,07,000 shares10,17,600 shares
Employee0 shares0 shares
Others
Total54,48,000 shares29,02,400 shares

Bids Received (Subscription)

Monolithisch IPO subscribed 182.89x in total, whereas Happy Square Outsourcing IPO subscribed 3.58x.

 Monolithisch IPOHappy Square Outsourcing IPO
QIB (times)129.20x7.16x
NII (times)459.99x2.24x
Big NII (times)
Small NII (times)
RII (times)94.71x2.12x
Employee (times)
Other (times)
Total (times)182.89x3.58x