Monolithisch India Ltd IPO

Our 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 our customers as a refractory consumable for Induction furnaces installed in iron/steel and foundry plants. We are also engaged in the trading of our products on occasional basis to meet the excess and urgent requirement by our customers. The registered office and manufacturing facility of our Company is located at Utaraha, P.S - Neturia, Purulia, 723121, which is located in nearly states to our customers and raw material suppliers respectively. The major customers of our company are iron and steel producers located in Eastern parts of India, majorly in the states of West Bengal, Jharkhand & Odisha.

Open Demat Account

50years

Monolithisch India Ltd IPO Details

Details

Total Shares OfferedOffer to PublicRetail Max (Shares)Pre Issue Promoters HoldingExchangeIssue size
₹ 57.36 LTBATBA₹ 160 LNSE₹ 82.02 Cr
IPO Open DateClose DateLot SizeMin InvestmentIssue TypeListing Date
12 Jun, 2516 Jun, 251000 ₹ 1,35,000 Book Building - SME19 Jun, 25

Monolithisch India Ltd IPO Dates

  • 12 Jun 2025

    Opening date

  • 16 Jun 2025

    Closing date

  • 17 Jun 2025

    Basis of
    Allotment

  • 18 Jun 2025

    Initiation of
    Refunds

  • 18 Jun 2025

    Credit of
    Shares

  • 19 Jun 2025

    Listing date

Details

SectorType
SectorRefractories
Sub SectorIntermediates
Issue TypeBook Building - SME

Subscription Status

*Values are in Lakhs

Investor TypeSubscription TimesShares Offered*Shares Bid*
QIB0x00
NII0x00
Retail0x00
Employee0x00
Total0x57360000

Subscription Status

Investor Type

QIB

NII

Retail

Employee

Total

*Values are in Lakhs

Monolithisch India Ltd Financial Status

Income Statement

Balance Sheet

Particulars (in Rs. Crores)FY23FY22FY21
Revenue from operations12.866.633.77
EBITDA13.596.974.04
PAT8.514.542.52
Total Assets20.9411.586.78
Share Capital1.801.801.80
Total Borrowings4.825.993.08
Operating Activities (Net Cash)9.244.882.79
Investing Activities (Net Cash)0.000.000.00
Financing Activities (Net Cash)4.825.993.08
Net Cashflow0.270.070.22

Particulars (in Rs. Crores)

Revenue from operations

EBITDA

PAT

Total Assets

Share Capital

Total Borrowings

Operating Activities (Net Cash)

Investing Activities (Net Cash)

Financing Activities (Net Cash)

Net Cashflow

About Monolithisch India Ltd

Our Company was originally incorporated as "Monolithisch India Private Limited" with effect from August 29, 2018 as a Private limited company under the Companies Act, 2013, pursuant to a certificate of incorporation dated August 30, 2018 issued by the Deputy Registrar of Companies, Central Registration Centre bearing CIN U26999WB2018PTC227534. Pursuant to a special resolution passed by our Shareholders in the Extra-Ordinary General Meeting held on September 30, 2024, our Company was converted from a private limited company to public limited company and consequently the name of our Company was changed to "Monolithisch India Limited", and a fresh certificate of incorporation dated November 21, 2024 was issued to our Company by the Registrar of Companies, Central Processing Centre. The CIN of the Company is U26999WB2018PLC227534.

The quality of ramming mass has a direct impact on the heating performance of the furnaces leading to the smooth working of furnaces, optimum output and better metallurgical control. It comes in three variants - acidic (made from silica), basic (made from magnesia) and neutral (made from alumina). Silica ramming mass (also known as acidic ramming mass) is the most commonly used owing to its inherent advantages and application in the induction furnace of the steel industry. India is the second-largest producer of crude steel as well as the second-largest consumer of finished steel in the world. The sector contributes to about 2% of the total GDP of the country and employs 2.6 million people directly and indirectly through allied sectors. The Indian steel sector is further bifurcated into the primary and secondary steel sector based on their production pathways.

Our 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 our customers as a refractory consumable for Induction furnaces installed in iron/steel and foundry plants. We are also engaged in the trading of our products on occasional basis to meet the excess and urgent requirement by our customers. The registered office and manufacturing facility of our Company is located at Utaraha, P.S - Neturia, Purulia, 723121, which is located in nearly states to our customers and raw material suppliers respectively. The major customers of our company are iron and steel producers located in Eastern parts of India, majorly in the states of West Bengal, Jharkhand & Odisha.

Peer Comparison:

  • Monolithisch India Limited
  • Raghav Productivity Enhancers Limited

Monolithisch India Ltd IPO Key Points

Strengths

  • Established manufacturing facility with easy access to raw material sources.
  • Long-standing customer relationships with customers along with location advantage.
  • Experienced Promoter and Management team.
  • Expansive product portfolio.
  • Track record of healthy financial performance.

Risk

  • We depend on certain key suppliers to procure a significant portion of our raw materials. We do not enter into longterm agreements with these suppliers and any denial of supplies or loss of the relationship with them could result in disruption in our operations, which could have an adverse effect on our business, financial condition, results of operations and cash flows.
  • Conflicts of interests may arise with one of its Group Company i.e. Mineral India Global Private Limited.
  • If our plant faces outage due to failure of machinery or any slowdown or shutdown in our manufacturing operations or underutilization of our manufacturing facility could impact our production and ultimately can impact our financial condition, business operations and cash flows.

Strategy

  • Identifying new customers and increasing business with existing customers'.
  • Increasing our presence and expand our network.
  • Expand capacity at our existing & new manufacturing facility.
  • Established manufacturing facility with easy access to raw material sources.
  • Long-standing customer relationships with customers along with location advantage.
  • Experienced Promoter and Management team.
  • Expansive product portfolio.
  • Track record of healthy financial performance.

How To Apply for Monolithisch India Ltd IPO Online?

Step 1:

Log in to the BlinkX stock market app and click ‘IPO’ in the Xplore section.

Step 2:

From the list of open IPOs, select the IPO you want to invest.

Step 3:

Go through the IPO details like lot size, price band, about the company, etc.

Step 4:

Click ‘Apply IPO’ to apply and enter the number of lots and bidding price along with your UPI ID.

Step 5:

Confirm your bid and accept the payment mandate sent to your UPI App for completing the IPO application.

Get your FAQs right

Monolithisch India Ltd's IPO offers shares for up to ₹ 0 L It begins on Jun 12, 2025 and ends on Jun 16, 2025.

The price of Monolithisch India Ltd IPO ranges between ₹135 to ₹143 per share.

The Monolithisch India Ltd IPO opens on Jun 12, 2025 and closes on Jun 16, 2025.

The allotment for the Monolithisch India Ltd IPO will be finalised on Jun 17, 2025. The shares will be listed on BSE and NSE on Jun 19, 2025.

The minimum lot size for Monolithisch India Ltd IPO is 1000 shares, priced between ₹135 to ₹143 per share.

The GMP (Grey Market Premium) of Monolithisch India Ltd IPO fluctuates based on market demand and sentiment.

To check the allotment status of Monolithisch India Ltd IPO, visit the registrar's website, select the IPO, enter your PAN Card number, Application Number, or DP Client ID, and click 'search.'

The Monolithisch India Ltd IPO is getting listed on the BSE and NSE. Bidding opens on Jun 12, 2025, and closes on Jun 16, 2025. The allotment is finalised on Jun 17, 2025.

To apply for the Monolithisch India Ltd IPO, download the BlinkX app, complete KYC, select the IPO, enter bid details, and submit. Verify UPI payment for shares allotment.