
Monolithisch India SME: Check IPO Date, Live Subscription and Key Details
Monolithisch India is a leading manufacturer of high-quality ramming mass in India. It offers different grades of ramming mass with varying sizes and specifications, which is used in induction furnaces to create thermal insulation between the induction coil and the furnace, as well as the molten steel. The company supplies its products to iron and steel producers located in the Eastern parts of India, particularly the states of West Bengal, Jharkhand and Odisha. It has a manufacturing facility in Purulia, West Bengal, with a combined capacity of 1,32,000 MTPA. Its product portfolio includes SGB777, SLM-999, BG-77, LG-86, Quartzite Grain SLM -980, SLM 980, etc.
Price Range
₹135.00-143.00
Issue Size
₹82.02 Cr
Lot Size
1,000 shares
IPO Type
NSE SME
GMP
-
Est. Listing Price
₹143
Estimate Profit
-
Retail Portion
-
Key Metrics
Check Live GMPGMPFace Value
₹10
EPS
6.67
P/E Ratio
21.45
RoNW
41.15%
ROE
59.69%
Debt to Equity
0.21
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Timeline
IPO Opens
12 Jun
IPO Closes
16 Jun
Allotment
17 Jun
Listing
19 Jun
IPO Timeline & Listing Details
| Event | Date | Details |
|---|---|---|
| IPO Open Date | 12 June 2025 | Subscription starts |
| IPO Close Date | 16 June 2025 | Subscription ends |
| Allotment Date | 17 June 2025 | Allotment |
| Listing Date | 19 June 2025 | Listing |
Investment Categories
| Category | Lots | Amount |
|---|---|---|
Individual | 2 | ₹2,86,000 |
SHNI (Min) | 3 | ₹4,29,000 |
SHNI (Max) | 6 | ₹8,58,000 |
BHNIAbove ₹10,00,000 | 7 | ₹10,01,000 |
IPO Objectives
- 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.
- 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.
- To meet working capital requirements.
- General corporate purposes.
Strengths
- Expansive product portfolio based on customers' requirements.
- Well-established manufacturing facility with easy access to raw material.
- Long-standing customer relationships.
- Experienced promoters and managers.
- Healthy financial performance track record.
Weaknesses
- Heavy customer concentration in Eastern India (limited geographic diversification).
- Reliance on a single type of product—ramming mass.
- Exposure to the cyclicality of the iron and steel sector.
- Increased debt levels post-CapEx.
- Dependence on certain key suppliers for a significant portion of raw materials, with potential for supply disruption or price hikes without long-term agreements.
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Financial Performance
| Period Ended | 31 Mar 2025 | 31 Mar 2024 | 31 Mar 2023 |
|---|---|---|---|
| Assets (₹ Cr.) | 55.9 | 27.64 | 16.2 |
| Revenue (₹ Cr.) | 97.49 | 68.94 | 41.9 |
| PAT (₹ Cr.) | 14.49 | 8.51 | 4.54 |
| Net Worth (₹ Cr.) | 35.2 | 18.52 | 10.01 |
Peer Comparison
| Company | P/B Ratio | P/E Ratio | RONW (%) | Net Worth (₹ Cr.) |
|---|---|---|---|---|
| Raghav Productivity Enhancers Ltd | 16.74 | 88.64 | 19.12% | 158 |
Subscription Details
Daily Bids Status
| Category | Day 1 | Day 2 | Day 3 |
|---|---|---|---|
| QIB | 3.5x | 5.18x | 129.2x |
| NII | 1.16x | 7.6x | 459.96x |
| RII | 2.03x | 10.04x | 93.74x |
| Total | 2.26x | 8.13x | 182.4x |
Overall Subscription Statistics
| Category | Shares Offered | Shares Bid | Bid Amount (₹ Cr) |
|---|---|---|---|
| QIB | 10,90,000 | 14,08,31,000 | 2,013.88 |
| NII | 8,18,000 | 37,62,46,000 | 5,380.32 |
| RII | 19,07,000 | 17,87,63,000 | 2,556.31 |
| Total | 38,15,000 | 69,58,40,000 | 9,950.51 |
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Company Details
- Monolithisch India Limited
- Plot No. 381, Village Utaraha, P.S. Neturia, Purulia, West Bengal-723121, India
- +919155330164
- cs@monolithischindia.in
- https://monolithisch.com/
Registrar Details
- Kfin Technologies Limited
- 04067162222, 04079611000
- mil.ipo@kfintech.com
- https://kosmic.kfintech.com/ipostatus/
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