June 6, 2025
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What is the last grey market premium of Monolithisch India IPO?
Listing Review: Will update on listing.
Subscription status of Monolithisch India IPO
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Monolithisch India IPO Price Rs. 143 Lot 1000 shares, Rs. 33.75 Crore |
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| QIB | NII x | RII x | Total x | Applications |
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Monolithisch India IPO Allotment Link:
What is the business of Monolithisch India?
The Company is an ISO 9001:2015, ISO 14001:2015, ISO 22301:2019, ISO 37301:2021, ISO 45001:2018 and ISO/IEC 27701:2022 certified company engaged in the business of manufacturing and supply of specialized ramming mass used as a heat insulation/ lining material, by its customers as a refractory consumable for Induction furnaces installed in iron/steel and foundry plants. It is also engaged in the trading of its products on occasional basis to meet the excess and urgent requirement by the customers.
Most of its customers and raw material suppliers are located in nearby states with the manufacturing facility of the company. The major customers of the company are iron and steel producers located in Eastern parts of India, majorly in the states of West Bengal, Jharkhand & Odisha. Its product i.e. specialized ramming mass is used in the induction furnace to create thermal insulation between the coil of the induction furnace and the molten steel.
The manufacturing facility of the company is located in Purulia, West Bengal. It started the construction of it manufacturing facility in FY2018-19 and started it operation from the said manufacturing facility during the FY2019-20. The company has over the span of 6 years expanded its manufactuirng capacity to an aggregate capacity of 132000 MTPA. Further, the manufacturing facility of the Company is spread over the area of approminately 3.50 acres and further, it has enetred into agreements to purchase land which will be used for further expansion of its manufacturing capabilities.
Get more information about the company @ www.monolithisch.com
Monolithisch India IPO Details
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Sector: |
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| IPO opens on | 12 June 2025 |
| IPO closes on | 16 June 2025 |
| Issue Type | Book Built Issue IPO |
| Issue Size | 5736000 Shares / Rs 82.02 Crore |
| * Fresh Issue | 5736000 Shares / Rs 82.02 Crore |
| * Offer for Sale – | – |
| Market Maker Portion | 288,000 Shares |
| Net offer to Public | 5448000 Shares Rs.77.91 Crores |
| Face Value per share | Rs. 10 |
| Price Band | Rs. 135-143 |
| Employee discount | Rs. 0 per share |
| Retail Lot Size | 1000 Shares |
| Listing will at | NSE SME |
Shares offered in IPO |
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| Shares | Rs. (Crore) | |
| QIB (50%) | 2724000 | 38.96 |
| HNI (15%) | 817200 | 11.69 |
| RII (35%) | 1906800 | 27.26 |
| Total Shares | 5448000 | 77.91 |
| Retail portion will be oversubscribed by |
1907 | |
| Forms | ||
| How much Shares to Apply in this IPO? | ||
| Min Retail Application | 1000 Shares | Rs.143000 |
| Min HNI Application | 2000 Shares | Rs.286000 |
Who are the Promoters of Monolithisch India?
The promoters of the company are Prabhat Tekriwal, Sharmila Tekriwal, Harsh Tekriwal, Kritish Tekriwal & Kargil Transport Pvt ltd.
What are the Objects of Monolithisch India IPO?
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 towards purchase 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
Tentative timetable |
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| IPO opens on | 12 June 2025 |
| IPO Closes on | 16 June 2025 |
| IPO Allotment on | 17 June 2025 |
| Refund Initiation | 18 June 2025 |
| Credit of Shares | 18 June 2025 |
| Listing on | 19 June 2025 |
| Registered Office of the Company Plot no. 381, Village Utaraha P.S. Neturia Purulia West Bengal 723121 |
| The Lead Manager of this IPO Hem Securities ltd |
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Who is the Registrar to IPO? Kfin Technologies ltd |
Monolithisch India IPO GMP grey market premium, review, Subscription, allotment, listing estimate
Monolithisch India Financials
| Period Ended | 31-Mar-25 | 31-Mar-24 | 31-Mar-23 |
| Assets | 55.9 | 27.64 | 16.2 |
| Revenue | 97.49 | 68.94 | 41.9 |
| Profit After Tax | 14.49 | 8.51 | 4.54 |
| Net Worth | 35.2 | 18.52 | 10.01 |
| Reserves and Surplus | 19.2 | 16.72 | 8.21 |
| Total Borrowing | 7.43 | 2.7 | 3.67 |
| Amount in Rs. Crore | |||
Performance Indicators
| KPI | Values |
| ROE | 53.94% |
| ROCE | 46.22% |
| Debt/Equity | 0.21 |
| RoNW | 41.15% |
| PAT Margin | 14.88 |
| Price to Book Value | 12.2 |
| EPS | 9.05 |
| PE Ratio | 15.79 |
How Monolithisch India IPO compares with the Peers?
| Company Name | P/E (x) | RoNW (%) |
| Monolithisch India | 41.15 | |
| Raghav Productivity Enhancers | 88.64 | 19.12 |
# This is only coverage of News related to Grey Market Premium & subject to rates. We do not deal in grey market premium. We do not recommend dealing in Grey Market. Investment decision based on Grey Market trends can be faulty.
Monolithisch India IPO Review by Paresh Gordhandas, CA & Research Analyst.
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