Monolithisch India Limited was incorporated in August 2018 and is engaged in manufacturing and supplying specialized ramming mass, a heat-insulating refractory material used in induction furnaces by the iron and steel industry. The company is ISO certified and operates from its manufacturing unit in Purulia, West Bengal, with a corporate office in Ranchi, Jharkhand.
Its product portfolio includes variants like SGB-777, SLM-999, BG-77, and Quartzite Grain SLM-980. The company primarily serves clients in Eastern India, especially in West Bengal, Jharkhand, and Odisha. As of March 31, 2025, the company has 26 full-time employees and engages contract labor for manufacturing operations.
Monolithisch is now going public with an IPO of 57,36,000 equity shares through a 100% fresh issue, proposed to be listed on the NSE Emerge (SME platform).
Monolithisch India IPO – Details
| IPO Opening Date | 12 June 2025 |
| IPO Closing Date | 16 June 2025 |
| Issue Type | Book Built Issue IPO |
| Issue Size | Total Issue: 57,36,000 Shares Worth ₹82.02 Crore Fresh Issue: 57,36,000 Shares Worth ₹82.02 Crore |
| Face Value | ₹10 per equity share |
| IPO Price | ₹135 – ₹143 per share |
| Market Lot | 1000 Shares |
| Min Order | 1000 Shares (1 Lot) |
| Listing At | NSE SME |
| Registrar | Skyline Financial Services Private Ltd |
Monolithisch India IPO – Reservation
| Anchor Investor Shares Offered | – |
| Market Maker Shares Offered | 2,88,000 (5.02%) |
| NII (HNI) Shares Offered | 8,18,000 (14.26%) |
| Retail Shares Offered | 19,07,000 (33.25%) |
| Total Shares Offered | 57,36,000 (100%) |
Monolithisch India IPO – Date Schedule
| IPO Open Date | 12 June 2025 |
| IPO Close Date | 16 June 2025 |
| Basis of Allotment | 17 June 2025 |
| Initiation of Refund | 18 June 2025 |
| Credit of Shares to Demat | 18 June 2025 |
| IPO Listing Date | 19 June 2025 |
| Cut-off time for UPI mandate confirmation | 5 PM on June 16, 2025 |
Monolithisch India IPO – Lot Size & Price
| Application | Lots | Shares | Amount |
|---|---|---|---|
| Retail (Min) | 1 | 1000 | ₹1,43,000 |
| Retail (Max) | 1 | 1000 | ₹1,43,000 |
| HNI (Min) | 2 | 2000 | ₹2,86,000 |
Competitive Strengths
- Established manufacturing facility with easy access to raw material sources.
- Long-standing customer relationships with customers, along with a location advantage.
- Experienced Promoters and Management team.
- Track record of healthy financial performance
Company Promoters & Holding
- Prabhat Tekriwal
- Sharmila Tekriwal
- Harsh Tekriwal
- Kritish Tekriwal
- Kargil Transport Private Limited
| Pre Issue Share Holding | 100.00% |
| Post Issue Share Holding | 73.61% |
Company Financials
| Period | Total Revenue | Total Expense | Profit After Tax | Total Borrowings |
|---|---|---|---|---|
| 31 March 2023 | 41.90 | 35.60 | 4.54 | 3.67 |
| 31 March 2024 | 68.94 | 56.81 | 8.51 | 2.70 |
| 31 March 2025 | 97.49 | 78.06 | 14.49 | 7.43 |
Key Performance Indicator
| KPI | Values |
|---|---|
| ROE | 53.94% |
| ROCE | 46.22% |
| Debt/Equity | 0.21 |
| RoNW | 41.15% |
| PAT Margin | 14.88% |
| Price to Book Value | 12.20 |
| Revenue from Operations | ₹9,734.43 Lakhs |
| EBITDA | ₹2,106.24 Lakhs |
| EBITDA Margin | 21.64% |
| EBIT | ₹1,949.13 Lakhs |
| Profit After Tax (PAT) | ₹1,448.80 Lakhs |
| EPS | ₹6.13 |
| Net Worth | ₹3,206.85 Lakhs |
| Current Ratio | 1.69 |
| Operating Cash Flow | ₹1,278.92 Lakhs |
| Pre IPO | Post IPO | |
| EPS (Rs) | 9.05 | 6.67 |
| P/E (x) | 15.79 | 21.45 |
Object Of The Issue
| Purpose | Expected Amount (in ₹ Crore) |
| Funding capital expenditure for setting up a new manufacturing facility | ₹16.58 |
| Investment in subsidiary (Metalurgica India Pvt Ltd) for its capex | ₹27.90 |
| Funding working capital requirements | ₹20.00 |
| General Corporate Purpose | To be finalized |
| Total Estimated Net Proceeds | ₹64.48+ |
Monolithisch India IPO Prospectus
Company Contact Information
| Monolithisch India Limited Plot No. 381, Village Utaraha, P.S. Neturia, Purulia, West Bengal Phone: +919155330164 Email: cs@monolithischindia.in Website: https://monolithisch.com/ |
Monolithisch India IPO Registrar
| Kfin Technologies Limited Phone: 04067162222, 04079611000 Email: mil.ipo@kfintech.com Website: https://kosmic.kfintech.com/ipostatus/ |
Monolithisch India IPO Lead Manager(s)
| 1. Hem Securities Limited |
Monolithisch India IPO FAQs
| What is Monolithisch India IPO? Monolithisch India IPO is a SME IPO. The IPO is to be listed on NSE SME. |
| When Monolithisch India IPO will open? The IPO is to open on 12 June 2025 for QIB, NII, and Retail Investors. |
| What is Monolithisch India IPO Investors Portion? The investors’ portion for QIB – 50%, NII – 15%, and Retail – 35%. |
| How to Apply the Monolithisch India IPO? You can apply Monolithisch India IPO via ASBA online via your bank account. You can also apply for ASBA online via UPI through your stock brokers. You can also apply via your stock brokers by filling up the offline form. |
| How to Apply the Monolithisch India IPO through Angle One? Log in to Angle One Application with your credentials. Select the IPO. You will see the IPO Name “Monolithisch India IPO”. Click on Bid Button. Confirm your Application. Now go to your UPI App on Net Banking or BHIM App to Approve the mandate. Open Demat Account with Angle One. |
| How to Apply the Monolithisch India IPO through 5 Paisa? Log in to 5 Paisa Application with your credentials. Select the IPO. You will see the IPO Name “Monolithisch India IPO“. Click on Bid Button. Confirm your Application. Now go to your UPI App on Net Banking or BHIM App to Approve the mandate. Open Demat Account with 5 Paisa. |
| How to Apply the Monolithisch India IPO through Upstox? Log in to Upstox Application with your credentials. Select the IPO. You will see the IPO Name “Monolithisch India IPO”. Click on Bid Button. Confirm your Application. Now go to your UPI App on Net Banking or BHIM App to Approve the mandate. Open Demat Account with Upstox. |
| How to Apply the Monolithisch India IPO through IIFL? Log in to IIFL Application with your credentials. Select the IPO. You will see the IPO Name “Monolithisch India IPO“. Click on Bid Button. Confirm your Application. Now go to your UPI App on Net Banking or BHIM App to Approve the mandate. Open Demat Account with IIFL. |
| What is Monolithisch India IPO Size? Monolithisch India IPO size is ₹82.02 Crore. |
| What is the Monolithisch India IPO Price Band? Monolithisch India IPO Price Band is ₹135 to ₹143. |
| What is Monolithisch India IPO Minimum and Maximum Lot Size for Retail? The minimum bid is 1000 Shares with ₹1,43,000 amount while the maximum bid is 1000 Shares with ₹1,43,000. |
| What is the Monolithisch India IPO Allotment Date? The Monolithisch India IPO allotment date is June 16, 2025. |
| What is the Monolithisch India IPO Listing Date? Monolithisch India IPO listing date is June 19, 2025. The IPO is to be listed on NSE SME. |
