Monolithisch India IPO subscribed overall 182.89 times on the last day, a retail quota was subscribed over 94.71 times, NII was subscribed over 459.99 times, and QIB was 129.20 times respectively.
Details About Monolithisch India IPO
Monolithisch India got approval from SEBI for an IPO of around ₹82.02 crores. Monolithisch India IPO is a fully fresh issue of ₹82.02 crores with a face value of Rs 10 each. Further, Monolithisch India had a set price band between ₹135 to ₹143 Per Share.
In the Monolithisch India IPO, 1000 shares were in 1 lot size for the retail minimum and maximum categories as well. Moreover, 2000 shares were in 2 lot sizes for the S-HNI category.
To invest in Monolithisch India IPO, each investor category has specific investment amounts:
- Retail Investors: Minimum and maximum investment of ₹1,43,000.
- SHNI (S-HNI): Minimum investment of ₹2,86,000.
Monolithisch India IPO’s Subscription Duration
Monolithisch India IPO was started on June 12, 2025, and closed on June 16, 2025. The Monolithisch India IPO’s allotment date was June 17, 2025, and they received a refund on June 18, 2025. While the Monolithisch India’s listing date is June 19, 2025.
Monolithisch India IPO funds deployment
- The proceeds raised from the fresh issue will be used to set up a manufacturing facility of the Company by the purchase of land, building of a factory shed, civil work, and installation of additional plant and machinery.
- Some funds will be used for the Investment in our Subsidiary, Metalurgica India Private Limited, for financing its capital expenditure towards the purchase of land, building of a factory shed, civil work, and installation of additional plant and machinery.
- Lastly, the remaining funds will be used for the company’s General corporate purposes.
About Monolithisch India Company
Founded in August 2018, Monolithisch India is one of the growing companies engaged in the manufacturing and supply of ramming mass, which is a heat insulation refractory mainly used in the iron and steel industry induction furnaces. What has established its strong and long-lasting relationship with consumers is its incredible products and services. The company’s portfolio includes SGB-777, SLM-999, BG-77, Quartzite Grain SLM -980 and SLM 980. Iron and steel producers in Eastern India, primarily in West Bengal, Jharkhand, and Odisha, are the major clients of the company. The manufacturing unit is situated in Purulia, West Bengal. In 2023, the company had 43 clients, which then grew to 61 in 2025. The company has a total of 26 full-time employees as of March 31, 2025.
Financial Resort of the Monolithisch India Company
The company reported revenue of ₹97.49 crores in 2025. The company reported a profit of ₹14.49 crores in 2025.
