Monolithisch India IPO is set to open for subscription from June 12, 2025, to June 16, 2025, offering investors the opportunity to participate,e in a fresh issue worth ₹82.02 crores through NSE SME. The West-Bengal based company specialises in the manufacturing of ISO-certified “ramming mass” for heat insulation in steel and foundry induction furnaces. With strong revenue growth and increasing profitability, the company plans to use the IPO funds for capacity expansion, subsidiary investment, and working‑capital needs. Let us understand the details of the IPO.
Monolithisch India IPO Details
| IPO Name | Monolithisch India IPO |
| IPO Open & Close Date | June 12, 2025 to June 16, 2025 |
| Issue Price Band | ₹135 to ₹143 per share |
| Lot Size | 1,000 Shares |
| Listing At | NSE SME |
| Expected Allotment Date | June 17, 2025 |
| Expected Listing Date | June 19, 2025 |
| Retail Investors Minimum Lot & Amount | 1 lot & ₹1,43,000 |
| Retail Investors Maximum Lot & Amount | 1 lot & ₹1,43,000 |
| HNIs Minimum Lot & Amount | 2 lots & ₹2,86,000 |
Monolithisch India IPO – FAQs
1. What are the IPO dates and listing platform?
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IPO Period: June 12–16, 2025
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Tentative Allotment: June 17, 2025
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Listing Date: June 19, 2025
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Listing On: NSE SME
2. What is the price band and lot size?
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Price Band: ₹135–₹143 per share
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Lot Size: 1,000 shares
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Minimum Retail Investment: ₹1,43,000
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HNI (Min): ₹2,86,000 (2 lots)
3. What is the total issue size and type?
A fresh issue of 57.36 lakh shares, totaling ₹82.02 crores.
4. Who are the lead manager, registrar, and market maker?
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Lead Manager: Hem Securities Limited
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Registrar: Kfin Technologies Limited
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Market Maker: Hem Finlease Private Limited
5. What is the Grey Market Premium (GMP)?
The IPO’s GMP stands at ₹17, implying an estimated listing price of around ₹160, about 12% upside over ₹143.
6. What does the company manufacture?
Monolithisch India produces specialty ramming mass—heat-insulating refractory products such as SGB-777, SLM-999, BG-77, and SLM-980—used in induction furnaces for iron, steel, and foundry plants.
7. How has the company performed financially?
| Fiscal Year | Revenue (₹ cr) | PAT (₹ cr) |
| FY23 | 41.90 | 4.54 |
| FY24 | 68.94 | 8.51 |
| FY25 | 97.49 | 14.49 |
8. What are the IPO’s objectives?
The IPO proceeds will be used for:
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Setting up a new manufacturing facility – ₹16.58 Cr
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Investment in subsidiary Metalurgica India – ₹27.90 Cr
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Working capital requirements – ₹20.00 Cr
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General corporate purposes
9. Who are the promoters of Monolithisch India?
Individual Promoters
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Prabhat Tekriwal – Chairman, Whole-Time Director, and CFO
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Harsh Tekriwal – Managing Director
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Sharmila Tekriwal – Non-Executive Director
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Kritish Tekriwal – Executive Director
Corporate Promoter
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Kargil Transport Private Limited – A private company engaged in transport and logistics
Together, the promoters hold 1,59,99,984 equity shares, representing 99.99% of the pre-issue paid-up equity share capital of the company.
10. What is the listing price of Monolithisch India?
The listing price of Sacheerome was ₹231.55, with the upper price band at ₹143. The downside has been 62%.
Conclusion – Monolithisch India IPO
Monolithisch India IPO offers a compelling investment opportunity to investors in the industrial sector. The company has displayed strong financials, the revenue has nearly doubled, and profitability has tripled. With strong leadership at the helm and clearly defined objectives to expand manufacturing capacity in Eastern India, the IPO is well-aligned with India’s growing infrastructure and metallurgical needs.
However, as an SME IPO, it carries liquidity risks and is sensitive to industrial cycles and fluctuations in raw material prices. Before investing, investors should assess their risk tolerance and see if the investment aligns with their financial goals.