Monolithisch India IPO
Monolithisch India Ltd
₹1,35,000 /1000 sharesMinimum Investment
Monolithisch India IPO Listing Details
Listed On | Issue Price | Listing Price | Listing Gains |
---|
-- | ₹143.00 | ₹231.55 | ₹88.55 (61.92%) |
Monolithisch India IPO Details
Bidding Dates | Min. Investment | Lot Size | Price Range |
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12 Jun ‘25 - 16 Jun ‘25 | ₹1,35,000 | 1,000 | ₹135 - ₹143 |
Qualified Institutional Buyers | 77.40x |
Non-Institutional Investor | 262.73x |
Retail Individual Investor | 65.86x |
Total | 103.54x |
Monolithisch India is involved in the manufacturing and supply of specialised ramming mass, which serves as a heat insulation lining material for induction furnaces in iron, steel, and foundry plants. The company also occasionally trades its products to meet urgent customer demands.
Monolithisch India offers various grades of ramming mass, developed with different specifications and additives to suit furnaces of different sizes and makes. Their products are primarily made from alpha-quartzite and stone boulders sourced from regions like Bihar, Jharkhand, and Madhya Pradesh.
The company operates its manufacturing facility in Purulia, West Bengal, which started operations in FY19-FY20. It has since expanded its capacity to 132,000 million tonnes per annum (MTPA).
Monolithisch India’s key customer base includes iron and steel producers in West Bengal, Jharkhand, and Odisha, with some exports to Nepal.;
Managing director
Mr Harsh Tekriwal
Parent organisation
Monolithisch India Ltd
Strengths & Financials of Monolithisch India
Monolithisch India operates a manufacturing facility in Purulia, West Bengal, with an installed capacity of 132,000 MTPA. The facility is equipped with automated machinery like crushers, mixers, and packers. The company claims to benefit from a location advantage, with proximity to raw material suppliers in Bihar, Jharkhand, and Madhya Pradesh, resulting in reduced freight costs and better margins compared to competitors.
Monolithisch India claims to have developed strong, long-term relationships with its core customer base, primarily in the iron and steel sectors across West Bengal, Jharkhand, and Odisha. The company claims that its customer retention rate is high, with nearly 61.44 percent of business coming from repeat customers.
Over the years, Monolithisch India claims to have diversified its product offerings, including various grades of ramming mass tailored to different furnace sizes and specifications. The product range includes items like SGB-777, SLM-999, and quartzite grain SLM-980. This extensive portfolio is claimed to have played a major role in the company’s growth by meeting diverse customer needs.
The company is ISO 9001:2015 certified for its quality management system, ISO 14001:2015 certified for its environmental management system, and ISO 22301:2019 certified for its security and resilience - business continuity management system. Additionally, the company holds ISO 37301:2021 certification for compliance management systems, ISO 45001:2018 certification for occupational health and safety management systems, and ISO/IEC 27701:2022 certification for information security management systems.
The company has witnessed a consistent increase in revenue from operations and profit after tax (PAT). Revenue from operations increased from Rs 41.88 crore (standalone) in FY23 to Rs 68.89 crore (standalone) in FY24 and Rs 97.34 crore (consolidated) in FY25. PAT increased from Rs 4.54 crore (standalone) in FY23 to Rs 8.51 crore (standalone) in FY24 and Rs 14.49 crore (consolidated) in FY25.
Monolithisch India Financials
*All values are in Rs. Cr
Application Details of Monolithisch India IPO
Apply as | Price band | Apply upto |
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Regular | ₹135 - 143 | ₹2 Lakh |
High Networth Individual | ₹135 - 143 | ₹2 - 5 Lakh |
For Monolithisch India IPO, eligible investors can apply as Regular.