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Monolithisch IPO is a book build issue of ₹82.02 crores. The issue is entirely a fresh issue of 0.57 crore shares of ₹82.02 crore.
Monolithisch IPO bidding started from Jun 12, 2025 and ended on Jun 16, 2025. The allotment for Monolithisch IPO was finalized on Jun 17, 2025. The shares got listed on NSE SME on Jun 19, 2025.
Monolithisch IPO price band is set at ₹143.00 per share . The lot size for an application is 1,000. The minimum amount of investment required by an retail is ₹1,35,000 (1000 shares). The minimum lot size investment for HNI is 2 lots (2,000 shares), amounting to ₹2,86,000.
Hem Securities Ltd. is the book running lead manager and Kfin Technologies Ltd. is the registrar of the issue. The market maker of the company is Hem Finlease Pvt.Ltd..
Refer to Monolithisch IPO RHP for detailed Information.
| IPO Date | June 12, 2025 to June 16, 2025 |
| Listing Date | June 19, 2025 |
| Face Value | ₹10 per share |
| Issue Price Band | ₹135 to ₹143 per share |
| Issue Price Final | ₹143 per share |
| Lot Size | 1,000 Shares |
| Sale Type | Fresh Capital |
| Total Issue Size | 57,36,000 shares (aggregating up to ₹82.02 Cr) |
| Reserved for Market Maker | 2,88,000 shares Hem Finlease Pvt.Ltd. (aggregating up to ₹4.12 Cr) |
| Net Offered to Public | 54,48,000 shares (aggregating up to ₹77.91 Cr) |
| Issue Type | Bookbuilding IPO |
| Listing At | NSE SME |
| Share Holding Pre Issue | 1,60,00,000 shares |
| Share Holding Post Issue | 2,17,36,000 shares |
Monolithisch IPO offers total 57,36,000 shares. Out of which 27,23,000 (47.47%) allocated to QIB, 10,90,000 (19.00%) allocated to QIB, 8,18,000 (14.26%) allocated to NII, 19,07,000 (33.25%) allocated to RII and 16,33,000 (28.47%) allocated to Anchor investors.
| Investor Category | Shares Offered |
|---|---|
| Market Maker Shares Offered | 2,88,000 (5.02%) |
| QIB Shares Offered | 27,23,000 (47.47%) |
| − Anchor Investor Shares Offered | 16,33,000 (28.47%) |
| − QIB (Ex. Anchor) Shares Offered | 10,90,000 (19.00%) |
| NII (HNI) Shares Offered | 8,18,000 (14.26%) |
| Retail Shares Offered | 19,07,000 (33.25%) |
| Total Shares Offered | 57,36,000 (100.00%) |
Monolithisch IPO raises ₹23.35 crore from anchor investors. Monolithisch IPO Anchor bid date is June 11, 2025. Monolithisch IPO Anchor Investors list
| Bid Date | June 11, 2025 |
| Shares Offered | 16,33,000 |
| Anchor Portion Size (In Cr.) | 23.35 |
| Anchor lock-in period end date for 50% shares (30 Days) | July 16, 2025 |
| Anchor lock-in period end date for remaining shares (90 Days) | September 14, 2025 |
Monolithisch IPO opens on June 12, 2025, and closes on June 16, 2025.
| IPO Open Date | Thu, Jun 12, 2025 |
| IPO Close Date | Mon, Jun 16, 2025 |
| Tentative Allotment | Tue, Jun 17, 2025 |
| Initiation of Refunds | Wed, Jun 18, 2025 |
| Credit of Shares to Demat | Wed, Jun 18, 2025 |
| Tentative Listing Date | Thu, Jun 19, 2025 |
| Cut-off time for UPI mandate confirmation | 5 PM on Mon, Jun 16, 2025 |
Investors can bid for a minimum of 1,000 shares and in multiples thereof. The following table depicts the minimum and maximum investment by Individual Investors (Retail) and HNI in terms of shares and amount.
| Application | Lots | Shares | Amount |
|---|---|---|---|
| Retail (Min) | 1 | 1,000 | ₹1,43,000 |
| Retail (Max) | 1 | 1,000 | ₹1,43,000 |
| HNI (Min) | 2 | 2,000 | ₹2,86,000 |
Note : The value will be calculated using Equity Dilution = Share Holding Pre Issue - Share Holding Post Issue
Incorporated in August 2018, Monolithisch India Limited manufactures and supplies specialized "ramming mass," a heat insulation refractory used in the iron and steel industry induction furnaces.
The company's products include SGB-777, SLM-999, BG-77, Quartzite Grain SLM -980 and SLM 980.
The company is ISO certified and specializes in manufacturing specialized ramming mass for heat insulation, used by customers as a refractory consumable in induction furnaces for iron, steel, and foundry plants.
The company’s major customers are iron and steel producers in Eastern India, primarily in West Bengal, Jharkhand, and Odisha.
The company's manufacturing unit is situated in Purulia, West Bengal.
The company's clients grew from 43 in 2023 to 61 in 2025.
As of March 31, 2025, the Company has 26 full-time employees and hires contract labor for various operations in its manufacturing facility.
Competitive Strength
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 Ended | 31 Mar 2025 | 31 Mar 2024 | 31 Mar 2023 |
| Assets | 55.90 | 27.64 | 16.20 |
| Total Income | 97.49 | 68.94 | 41.90 |
| Profit After Tax | 14.49 | 8.51 | 4.54 |
| Net Worth | 35.20 | 18.52 | 10.01 |
| Reserves and Surplus | 19.20 | 16.72 | 8.21 |
| Total Borrowing | 7.43 | 2.70 | 3.67 |
| Amount in ₹ Crore | |||
The market capitalization of Monolithisch IPO is ₹310.82 Cr.
KPI as of Mon, Mar 31, 2025.
| KPI | Values |
|---|---|
| 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 | 12.20 |
| Pre IPO | Post IPO | |
|---|---|---|
| EPS Rs | 9.05 | 6.67 |
| P/E (x) | 15.79 | 21.45 |
The Company Monolithisch IPO proposes to utilise the Net Proceeds from the Issue towards the following objects:
| S.No. | Objects of the Issue | Expected Amount (₹ in crores) |
|---|---|---|
| 1 | 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 | 16.58 |
| 2 | 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 | 27.90 |
| 3 | To meet working capital requirements | 20.00 |
| 4 | General Corporate Purpose | 8.35 |
[Dilip Davda] MIL is in the business of manufacturing and trading of ramming mass and related materials. The company posted steady growth in its top lines for the reported periods. The surge in bottom lines fromFY23 to FY25 raise eyebrows and concern over its sustainability going forward. Based on its recent financial data, the issue appears aggressively priced. Well-informed investors may park moderate funds for medium to long term. Read detail review...
Note: The data for 2023 and 2024 has been taken from the standalone financial statements, while the data for 2025 is from the consolidated financial statements.
| Listing Date | June 19, 2025 |
| BSE Script Code | |
| NSE Symbol | MONOLITH |
| ISIN | INE1DV401010 |
| Final Issue Price | ₹143 per share |
| NSE Listing Group | SM (Rolling) |
| Price Details | NSE SME |
|---|---|
| Final Issue Price | ₹143.00 |
| Open | ₹231.55 |
| Low | ₹230.00 |
| High | ₹243.10 |
| Last Trade | ₹243.10 |
Monolithisch India Ltd.
Plot No. 381, Village
Utaraha,
P.S. Neturia,
Purulia, West Bengal, 723101
Phone: +919155330164
Email: cs@monolithischindia.in
Website: https://monolithisch.com/
Kfin Technologies Ltd.
Phone: 04067162222, 04079611000
Email: mil.ipo@kfintech.com
Website: https://ipostatus.kfintech.com/
Monolithisch IPO is a SME IPO of 57,36,000 equity shares of the face value of ₹10 aggregating up to ₹82.02 Crores. The issue is priced at ₹143 per share. The minimum order quantity is 1000.
The IPO opens on June 12, 2025, and closes on June 16, 2025.
Kfin Technologies Ltd. is the registrar for the IPO. The shares are proposed to be listed on NSE SME.
Zerodha customers can apply online in Monolithisch IPO using UPI as a payment gateway. Zerodha customers can apply in Monolithisch IPO by login into Zerodha Console (back office) and submitting an IPO application form.
Steps to apply in Monolithisch IPO through Zerodha
Visit Zerodha IPO Application Process Review for more detail.
The Monolithisch IPO opens on June 12, 2025 and closes on June 16, 2025.
Monolithisch IPO lot size is 1000, and the minimum amount required for application is ₹1,43,000.
You can apply in Monolithisch IPO online using either UPI or ASBA as a payment method. ASBA IPO application is available in the net banking of your bank account. UPI IPO Application is offered by brokers who don't offer banking services. Read more detail about applying IPO online through Zerodha, Upstox, 5Paisa, Nuvama, HDFC Bank, and SBI Bank.
The finalization of Basis of Allotment for Monolithisch IPO will be done on Tuesday, June 17, 2025, and the allotted shares will be credited to your demat account by Wednesday, June 18, 2025. Check the Monolithisch IPO allotment status.
The Monolithisch IPO listing date is on Thursday, June 19, 2025.
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