Monolithisch India Limited
Bookbuilding IPO · NSE
- Price band
- ₹135 - ₹143
- Lot size
- 1,000 shares
- Issue amount
- ₹82.02 cr
- Total subscription
- 182.89×
- Opens
- 12 Jun 2025
- Closes
- 16 Jun 2025
- Allotment
- 17 Jun 2025
- Listing
- 19 Jun 2025
Offer at a glance
Issue overview
- Issue size
- 57,36,000 shares
- Face value
- ₹10 per share
- Minimum investment
- ₹1,35,000
- Fresh issue
- ₹82.02 cr
- Offer for sale
- ₹0 cr
- Registrar
- Kfin Technologies Limited
- Listing exchange
- NSE
- Maximum investment
- ₹1,43,000
- Issue type
- Bookbuilding IPO
- Shares before issue
- 1,60,00,000
- Shares after issue
- 2,17,36,000
Lot sizes
| Category | Lots | Shares | Amount |
|---|---|---|---|
| RETAIL | 1 | 1,000 | ₹1,43,000 |
| HNI | 2 | 2,000 | ₹2,86,000 |
Share reservation
Subscription & GMP
Subscription by category
Missing multiples are calculated from bids and offered shares when available.
GMP history
Application-wise demand
| Category | Reserved applications | Applied applications |
|---|---|---|
| QIB | — | 97 |
| NIB | — | 15,615 |
| RETAIL | — | 1,80,616 |
Subscription demand
Amounts in ₹ crore. HNI subcategories are included in the NII total.
| Category | Offered | Demand |
|---|---|---|
| QIBs | 15.59 | 2,013.88 |
| RETAIL | 27.27 | 2,582.81 |
Financial performance
Company financials
In Crores · Reported periods may include interim results.
Key performance indicators
| Metric | Mar-25 | Mar-24 | Mar-23 |
|---|---|---|---|
| EPS | 9.11 | 5.39 | 2.88 |
| ROE | 53.94 | 59.69 | 58.74 |
| ROCE | 46.22 | 57.86 | 46.8 |
| RONW | 0 | 0 | 0 |
| PRE IPO(PE) | 15.79 | 0 | 0 |
| POST IPO(PE) | 21.45 | 0 | 0 |
Values and labels as reported in the issue data.
Company information
Company profile
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.
Strengths
- 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.
Risk factors
- 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.
Promoters
Prabhat Tekriwal
Sharmila Tekriwal
Harsh Tekriwal
Kritish Tekriwa
Kargil Transport Private Limited
Registrar & documents
Lead manager
Hem Securities Limited
Registrar & contacts
Kfin Technologies Limited
[email protected]Official registrar portal ↗IPO allotment status guide →Registered office
Plot No. 381, Village Utaraha, P.S. Neturia, Purulia, West Bengal
+919155330164
[email protected]Company website ↗Understanding MONOLITH IPO data
Compare the price band and required investment with the company profile, financial results and offer documents. Subscription figures show reported demand by category; they do not establish the value of the business. GMP is an unofficial indication and can change before listing.