Monomark Engineering, one of the leading industrial engineering and maintenance companies, filed its DRHP with SEBI on March 30 to raise funds via an Initial Public Offering (IPO).Ā
This IPO is entirely a fresh issue of 2.7 crore equity shares with no offer-for-sale component.
Monomark Engineering is planning to use ā¹111 crore towards incremental working capital requirements. While the remaining funds will be used for the general corporate purposes.
Monomark Engineering is one of the growing companies that has been involved in offering Industrial Operations and Maintenance (O&M) services to a wide range of industrial clients, such as metals, cement, ports, and engineering/OEMs.
The business operates under 3 segments: Industrial Operations and Maintenance (āO&Mā) services, which contribute 65% of the revenue, Industrial Project Execution services contribute 27%, and the remaining from Metal Fabrication solutions.
Currently, the firm has 28 ongoing projects, of which 20 are for O&M projects, and 8 are industrial execution projects.
The firm is running an order book of ā¹1,095.4 crore. The book-running lead manager of the issue is Holani Consultants Private Limited. While the registrar to the IPO is Bigshare Services Private Limited.Ā
Financially, in FY25, the firm generated a revenue of ā¹475 crore, 21.8% higher than ā¹389.8 crore in the previous year. At the same time, Profit stood at ā¹18.2 crore, 22.8% higher than ā¹14.8 crore in the previous year. For more such updates and IPO-related queries, follow IPO Watch.
Monomark Engineering IPO Prospectus:
| DRHP Draft Prospectus: | Click Here |
| RHP Draft Prospectus: | To be Updated Soon |
Monomark Engineering Company Financial Report
Amount ā¹ in Crores
| Period Ended | Revenue | Expense | Profit After Tax |
| 2024 | ā¹392.14 | ā¹371.52 | ā¹14.83 |
| 2025 | ā¹477.29 | ā¹451.57 | ā¹18.21 |
| Sep 2025 | ā¹259.16 | ā¹242.30 | ā¹12.36 |
Monomark Engineering IPO Valuation – FY2025
Monomark Engineering IPO valuations detail like Earning Per Share (EPS), Price/Earning P/E Ratio, Return on Net Worth (RoNW), and Net Asset Value (NAV) details.
| Earning Per Share (EPS): | ā¹2.89 (Basic) |
| Price/Earning P/E Ratio: | N/A |
| Return on Net Worth (RoNW): | 24.86% |
| Net Asset Value (NAV): | ā¹11.61 |
Peer Group Comparison
| Company | EPS | PE Ratio | RoNW % | NAV | Income |
| ANI Integrated Services Limited | 8.79 | 7.54 | 12.76% | 68.16 | 227.46 Cr. |
| Thejo Engineering Limited | 46.07 | 33.89 | 16.33% | 295.33 | 552.74 Cr. |
| Power Mech Projects Limited | 103.26 | 18.20 | 16.09% | 683.17 | 5,234.14 Cr. |
| Thermax Limited | 56.33 | 56.68 | 12.68% | 438.79 | 10,388.69 Cr. |
Objects of the Issue
- Funding the incremental working capital requirements of the Company.
- General corporate purposes.
IPO Lead Managers aka Merchant Bankers
- Holani Consultants Pvt. Ltd.



