Monolithisch India Ltd IPO

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.

Monolithisch India Ltd IPO Details

Total Shares Offered

₹ 57,36,000

Offer to Public

TBA

Retail Max (Shares)

₹ 19,07,000

Pre Issue Promoters Holding

₹ 1,60,00,000

Exchange

NSE

Issue size

₹ 82.02 Cr

IPO Open Date

Jun 12, 2025

Close Date

Jun 16, 2025

Lot Size

1000

Min Investment

₹ 1,35,000

Issue Type

Book Building - SME

Listing Date

Jun 19, 2025

Monolithisch India Ltd IPO Dates

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Jun 12, 2025
Opening date
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Jun 16, 2025
Closing date
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Jun 17, 2025
Basis of Allotment
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Jun 18, 2025
Initiation of Refunds
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Jun 18, 2025
Credit of Shares
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Jun 19, 2025
Listing date

Details

SectorType
SectorRefractories
Sub SectorIntermediates
Issue TypeBook Building - SME

Subscription Status

*Values are in Lakhs

Investor Type

QIB

NII

Retail

Employee

Total

Monolithisch India Ltd Financial Status

Income Statement

Particulars (In Rs. Crores)

Balance Sheet

Particulars (In Rs. Crores)
Particulars (in Rs. Crores)FY23FY22FY21
Revenue from operations97.3412.996.63
EBITDA22.2513.726.97
PAT14.368.654.54
Total Assets43.3420.8111.58
Share Capital16.001.801.80
Total Borrowings9.313.895.99
Operating Activities (Net Cash)15.869.384.88
Investing Activities (Net Cash)0.100.000.00
Financing Activities (Net Cash)9.313.895.99
Net Cashflow0.330.270.07

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 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.

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.

FAQs on IPO (Initial Public Offering)

What is the issue size of the Monolithisch India Ltd IPO?

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Monolithisch India Ltd's IPO offers shares for up to 82.02 It begins on Jun 12, 2025 and ends on Jun 16, 2025.

What is the price of the Monolithisch India Ltd IPO?

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

What are the open and close dates for the Monolithisch India Ltd IPO?

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

When will the Monolithisch India Ltd IPO be allotted?

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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.

What is the minimum lot size required for Monolithisch India Ltd IPO?

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

What is the GMP of Monolithisch India Ltd IPO?

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

How do you check the allotment status of Monolithisch India Ltd IPO?

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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.'

Where is the Monolithisch India Ltd IPO getting listed?

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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.

How do you apply for the Monolithisch India Ltd IPO?

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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.

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