Monolithisch India Limited
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₹39(27.27%)
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Monolithisch India Limited's successfully completed its Initial Public Offering and commenced trading on Jun 19, 2025 at the NSE exchange. The company raised 57,36,000 Shares through this public offering, comprising 57,36,000 Shares in fresh capital.
The IPO was priced within the band of ₹135 to ₹143, with minimum application lots of 1000 shares. The offering attracted significant investor interest during its subscription period from Jun 12, 2025 to Jun 16, 2025.
Share allotment was finalized on Jun 17, 2025, distributing equity to successful applicants. The stock's subsequent listing marked a significant milestone in the company's corporate history, providing public market liquidity to shareholders.
Investors can bid starting from the minimum lot size specified for this IPO, and only in multiples of that lot size. The table below shows the minimum and maximum investment for retail investors and HNIs in terms of lots, quantity, and amount.
Monolithisch India Limited, founded in August 2018, manufactures and supplies ramming mass, a key heat-insulating material used in induction furnaces in the iron and steel industry. Their product range includes SGB-777, SLM-999, BG-77, Quartzite Grain SLM-980, and SLM-980. The company is ISO certified and focuses on delivering high-quality materials to iron, steel, and foundry plants, with most customers located in Eastern India, particularly West Bengal, Jharkhand, and Odisha. Its manufacturing facility is situated in Purulia, West Bengal. The client base has increased from 43 in 2023 to 61 in 2025, and as of March 31, 2025, the company employs 26 full-time workers along with contract staff for additional factory operations.
Note : "Calculations for ‘Shares Offered’ and ‘Total Amount’ are based on the highest price in the issue price band."
- Prime Location: Factory situated close to raw material sources for easy procurement.
- Solid Customer Connections: Strong, enduring partnerships with local iron and steel producers.
- Skilled Leadership Team: Guided by seasoned promoters and an efficient management team.
- Related Party Conflict: Possible conflict of interest with Group Company Mineral India Global Private Limited.
- Supplier Dependency: Dependence on main raw material suppliers without long-term agreements could affect operations.
- Customer Concentration: Revenue relies on a few customers; losing major clients may hurt financial results.
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