IPO Details
Bidding Dates
12 Jun 25 - 16 Jun 25
Lot Size
1000
Price Range ₹
135 - 143
Exchange Status
NSE
Total Equity
₹ 82.02Cr
IPO Doc
IPO Timeline
Offer start
12 Jun 2025
Offer end
16 Jun 2025
Allotment
17 Jun 2025
Refund initiation
18 Jun 2025
Demat transfer
18 Jun 2025
Listing
19 Jun 2025
Offer start
12 Jun 2025
Offer end
16 Jun 2025
Allotment
17 Jun 2025
Refund initiation
18 Jun 2025
Demat transfer
18 Jun 2025
Listing
19 Jun 2025
About Company
Monolithisch India Limited, incorporated in August 2018, is a West Bengal-based manufacturer of specialized ramming mass, a heat insulation material used in induction furnaces by the iron and steel industry. The company offers products like SGB-777, SLM-999, BG-77, Quartzite Grain SLM-980, and is ISO-certified. Its customer base has grown from 43 in 2023 to 61 in 2025, mainly serving clients across West Bengal, Jharkhand, and Odisha. With a manufacturing unit in Purulia, it benefits from easy access to raw materials and regional proximity to key customers. The company has shown strong financial growth, with a 41% increase in revenue and a 70% rise in PAT in FY25. As of FY25, it reported ₹97.49 Cr in revenue and ₹14.49 Cr in profit, with strong return metrics (ROE: 53.94%, ROCE: 46.22%) and low debt (D/E: 0.21).
Year Founded
29-08-2018
Promotor Details
Prabhat Tekriwal
Promoter Holdings Details
| Particular | Pre-IPO | Post-IPO |
|---|---|---|
| Percentage | 100 | 0 |
| Share Capital | 16000000 | 0 |
Offer to Public
57,36,000.00 Cr
Project Details
- Investment in our Subsidiary, Metalurgica India Private Limited for financing its capital expenditur - 278.712cr
- Funding capital expenditure towards setting up of a manufacturing facility of the Company by purchas - 164.249cr
Objectives
- 1) 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
- 2) Investment in our Subsidiary, Metalurgica India Private Limited for financing its capital expenditure towardspurchase of land, building of factory shed, civil work and installation of additional plant and machinery therein
- 3) To meet working capital requirements.4) General Corporate Purpose.
Highlights
- Established manufacturing facility with easy access to raw materials, enhancing cost efficiency.
- Strong and growing relationships with customers in Eastern India, indicating trust and stability.
- Experienced promoters and management driving consistent performance.
- Robust financial growth with rising revenue and PAT, reflecting operational strength.
- Positioned to benefit from India's growing steel demand and infrastructure development.
Challenges
- Heavy reliance on customers in Eastern India, limiting geographic diversification.
- Product concentration risk due to sole focus on ramming mass.
- Exposure to the cyclical nature of the iron and steel industry.
- Increasing debt levels following recent capital expenditure.
- Vulnerable to market competition and raw material price fluctuations.
