Monolithisch India Ltd IPO
IPO Timeline
Category-wise Subscription
| Category | Sub (x) | Offered | Bid For | Amt (Cr)* |
|---|---|---|---|---|
| QIB | — | 2,723,000 (47%) | — | ₹3,894 Cr |
| NII (HNI) | — | 818,000 (14%) | — | ₹1,170 Cr |
| Retail | — | 1,907,000 (33%) | — | ₹2,727 Cr |
| Market Maker | — | 288,000 (5%) | — | ₹41 Cr |
| Σ Total | — | 5,736,000 (100%) | — | ₹82,025 Cr |
Only available investor categories are shown. Amount is auto-calculated when shares offered and issue price are available.
Issue Details
Minimum Investment (Lot-wise)
| Category | Lots | Shares | Amount (₹) |
|---|---|---|---|
| Retail (Min) | 1 | 1,000 | ₹143,000 |
| Retail (Max) | 13 | 13,000 | ₹1,859,000 |
| S-HNI (Min) | 14 | 14,000 | ₹2,002,000 |
| B-HNI (Min) | 67 | 67,000 | ₹9,581,000 |
Financial Statements Amount in ₹ Crore
| Metric | 31 Mar 2025 | 31 Mar 2024 | 31 Mar 2023 |
|---|---|---|---|
| Revenue | 97 | 69 | 42 |
| Profit After Tax | 14 | 9 | 5 |
| Net Worth | 35 | 19 | 10 |
| Total Assets | 56 | 28 | 16 |
| Reserves & Surplus | 19 | 17 | 8 |
| Total Borrowing | 7 | 3 | 4 |
Valuation & Key Ratios
Grey Market Premium (GMP)
GMP is an unofficial grey market indicator and does not guarantee actual listing price. Invest at your own risk.
Objects of the Issue
- 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
- 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
- To meet working capital requirements – 20.00
- General Corporate Purpose – 8.35
Company Overview
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
- Established manufacturing facility with easy access to raw material sources.
- Long-standing customer relationships with customers along with location advantage.
- Experienced Promoters and Management team.
- Track record of healthy financial performance