Bookbuilding IPO | ₹82 Cr | Listed at NSE SME | Thu, Jun 12, 2025 - Mon, Jun 16, 2025
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 per share. The lot size for an application is 1,000. The minimum amount of investment required by an retail is ₹1,43,000 (1000 shares) (based on upper price). The minimum lot size for investment in 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 Open
Thu, Jun 12, 2025
IPO Close
Mon, Jun 16, 2025
Issue Price
₹143 per share
Market Cap (Pre-IPO)
₹310.82 Cr
| IPO Date | 12 to 16 Jun, 2025 |
| Listed on | Thu, Jun 19, 2025 |
| Face Value | ₹10 per share |
| Price Band | ₹135 to ₹143 |
| Issue Price | ₹143 per share |
| Lot Size | 1,000 Shares |
| Sale Type | Fresh capital only |
| Issue Type | Bookbuilding IPO |
| Listing At | NSE SME |
| Total Issue Size | 57,36,000 shares (agg. up to ₹82 Cr) |
| Reserved for Market Maker | 2,88,000 shares Hem Finlease Pvt.Ltd. (agg. up to ₹4 Cr) |
| Fresh Issue (Ex Market Maker) | 54,48,000 shares (agg. up to ₹78 Cr) |
| Net Offered to Public | 54,48,000 shares (agg. up to ₹78 Cr) |
| Share Holding Pre Issue | 1,60,00,000 shares |
| Share Holding Post Issue | 2,17,36,000 shares |
| NSE Symbol | MONOLITH |
| ISIN | INE1DV401010 |
Monolithisch IPO comprises a total issue size of 57,36,000 shares. The net offer to the public is 54,48,000 shares, after excluding 2,88,000 shares allotted on a firm basis. Of the Net offer 27,23,000 (49.98%) are allocated to QIB, 8,18,000 (15.01%) allocated to NII 19,07,000 (35.00%) allocated to RII.
| Investor Category | Shares Offered | % of Net Issue | % of Total Issue |
|---|---|---|---|
| QIB Shares Offered | 27,23,000 | 49.98% | 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 | 15.01% | 14.26% |
| Retail Shares Offered | 19,07,000 | 35.00% | 33.25% |
| Firm Reservations | |||
| Market Maker Shares Offered | 2,88,000 | 5.02% | |
| Total Shares Offered | 57,36,000 | 100.00% | 100.00% |
Investors can bid for a minimum of 1,000 shares and in multiples thereof.
| 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 |
Monolithisch IPO raises ₹23.35 crore from anchor investors. Monolithisch IPO Anchor bid date is June 11, 2025.
📝 Anchor Investors Letter (PDF)
| Bid Date | Wed, Jun 11, 2025 |
| Shares Offered | 16,33,000 |
| Anchor Portion (₹ Cr.) | 23.35 |
| Anchor lock-in period end date for 50% shares (30 Days) | Wed, Jul 16, 2025 |
| Anchor lock-in period end date for remaining shares (90 Days) | Sun, Sep 14, 2025 |
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 Ltd.'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 Company proposes to utilise the Net Proceeds from the Issue towards the following objects:
| # | Issue Objects | Est Amt (₹ Cr.) |
|---|---|---|
| 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 |
| KPI | Mar 31, 2025 |
|---|---|
| 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 (₹) | 9.05 | 6.67 |
| P/E (x) | 15.79 | 21.45 |
| Promoter Holding | 100% | 73.61% |
| Market Cap | ₹310.82 Cr. |
The Monolithisch India IPO is subscribed 182.89 times on June 16, 2025 6:19:59 PM (Day 3). The public issue subscribed 94.71 times in the retail category, 129.20 times in the QIB category, and 459.99 times in the NII category. Check Day by Day Subscription Details (Live Status)
| Category | Subscription (times) | Shares Offered | Shares bid for | Total Application |
|---|---|---|---|---|
| QIB | 129.20 | 10,90,000 | 14,08,31,000 | 97 |
| NII* | 459.99 | 8,18,000 | 37,62,75,000 | 15,615 |
| Retail | 94.71 | 19,07,000 | 18,06,16,000 | 1,80,616 |
| Total | 182.89 | 38,15,000 | 69,77,22,000 | 1,96,328 |
Total Application : 1,96,328
*Market Maker portion is not included to NII/HNI.
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.
| # | Issue Expenses | Est Amt (₹ Cr.) |
|---|---|---|
| 1 | Lead Manger Fees | 4.92 |
| 2 | Fees Payable to Registrar to the Issue | 0.02 |
| 3 | Fees Payable for Advertising and Publishing Expenses | 1.27 |
| 4 | Fees Payable to Regulators including Stock Exchange | 0.15 |
| 5 | Payment for Printing & Stationery, Postage, etc. | 0.02 |
| 6 | Fees Payable to Auditor, Legal Advisors and other Professionals | 0.06 |
| 7 | Others (Fees payable for Marketing & distribution expenses, Selling Commission, Brokerage, Processing Fees*, Underwriting fees and Miscellaneous Expenses) | 2.77 |
| Price Details | NSE SME |
|---|---|
| Final Issue Price | ₹143.00 |
| Open | ₹231.55 |
| Low | ₹230.00 |
| High | ₹243.10 |
| Last Trade | ₹243.10 |
Lead Manager Reports
Monolithisch IPO is a SME IPO of 57,36,000 equity shares of the face value of ₹10 aggregating up to ₹82 Crores. The issue is priced at ₹143 per share. The minimum order quantity is 1000.
The IPO opens on Thu, Jun 12, 2025, and closes on Mon, Jun 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 Thu, Jun 12, 2025 and closes on Mon, Jun 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 Wed, Jun 18, 2025. Check the Monolithisch IPO allotment status.
The Monolithisch IPO listing date is on Thu, Jun 19, 2025.
