Are you looking for the next big opportunity in the Indian stock market? The Monolithisch India IPO 2025 might just be the investment opportunity you’ve been waiting for. This ₹82.02 crore public issue is set to make waves in the NSE SME segment, but should you invest your hard-earned money?
In this comprehensive guide, we’ll dive deep into everything you need to know about the Monolithisch India IPO – from its price band and timeline to detailed financial analysis and expert recommendations. Whether you’re a seasoned investor or just starting your investment journey, this analysis will help you make an informed decision.
But here’s the catch – with aggressive pricing and limited retail allocation, timing your investment could make all the difference between profit and loss.
What is Monolithisch India IPO 2025?
The Monolithisch India IPO is a bookbuilding public issue worth ₹82.02 crores, comprising entirely of fresh equity shares. This IPO represents a significant milestone for the company, which specializes in manufacturing specialized ramming mass for the iron and steel industry.
Key Highlights of Monolithisch India IPO:
- Issue Size: ₹82.02 crores
- Share Offering: 54.48 lakh fresh equity shares
- Listing Platform: NSE SME
- Issue Type: Bookbuilding IPO
- Face Value: ₹10 per share
Monolithisch India IPO Timeline and Important Dates
Understanding the Monolithisch India IPO timeline is crucial for potential investors. Here’s the complete schedule:
IPO Timeline Table:
| Event | Date |
|---|---|
| Anchor Investor Bidding | June 11, 2025 |
| IPO Opens | June 12, 2025 |
| IPO Closes | June 16, 2025 |
| Tentative Allotment | June 17, 2025 |
| Refund Initiation | June 18, 2025 |
| Share Credit to Demat | June 18, 2025 |
| Tentative Listing Date | June 19, 2025 |
| UPI Mandate Cut-off | 5 PM on June 16, 2025 |
Mark your calendars! The subscription window is open for just 5 days, from June 12 to June 16, 2025.
Monolithisch India IPO Price Band and Lot Size Details
The Monolithisch India IPO price band is set at ₹135 to ₹143 per share, positioning it as a premium offering in the SME segment.
Investment Requirements:
- Minimum Lot Size: 1,000 shares
- Retail Investor Minimum Investment: ₹1,35,000 (at lower band)
- Recommended Investment: ₹1,43,000 (at cut-off price)
- HNI Minimum Investment: ₹2,86,000 (2 lots)
Lot Size Calculator:
| Investor Category | Lots | Shares | Amount (₹) |
|---|---|---|---|
| Retail (Min) | 1 | 1,000 | 1,43,000 |
| Retail (Max) | 1 | 1,000 | 1,43,000 |
| HNI (Min) | 2 | 2,000 | 2,86,000 |
Pro Tip: Always bid at the cut-off price to avoid missing out due to oversubscription.
Share Allocation and Reservation Details
The Monolithisch India IPO offers a total of 63.69 lakh shares across different investor categories:
Category-wise Allocation:
| Investor Category | Shares Offered | Percentage |
|---|---|---|
| Anchor Investors | 6,33,000 | 9.94% |
| Market Maker | 2,88,000 | 4.52% |
| QIB (Qualified Institutional Buyers) | 20,90,000 | 32.82% |
| NII (High Net Worth Individuals) | 8,18,000 | 12.84% |
| Retail Individual Investors | 19,07,000 | 29.94% |
| Total | 63,69,000 | 100% |
Anchor Investment Details:
- Anchor Amount Raised: ₹9.05 crores
- Lock-in Period: 30 days for 50% shares, 90 days for remaining shares
- Lock-in End Dates: July 17, 2025 (50% shares), September 15, 2025 (remaining shares)
About Monolithisch India Limited – Company Profile
Before investing in the Monolithisch India IPO, understanding the company’s business model is essential.
Company Overview:
Monolithisch India Limited, incorporated in August 2018, is a specialized manufacturer of ramming mass – a critical heat insulation refractory used in iron and steel industry induction furnaces.
Key Business Highlights:
- Primary Products: SGB-777, SLM-999, BG-77, Quartzite Grain SLM-980, and SLM 980
- Industry Focus: Iron, steel, and foundry plants
- Geographic Presence: Eastern India (West Bengal, Jharkhand, Odisha)
- Manufacturing Location: Purulia, West Bengal
- ISO Certification: Yes
- Employee Strength: 26 full-time employees (as of March 2025)
Business Growth Metrics:
- Client Base Growth: From 43 clients in 2023 to 61 clients in 2025
- Market Position: Established player in Eastern India’s refractory market
But here’s what makes this company interesting – its strategic location provides easy access to raw materials and key customers in India’s steel belt.
Monolithisch India IPO Financial Analysis
The financial performance of Monolithisch India Limited shows impressive growth, but let’s analyze the numbers critically.
Revenue and Profitability Analysis:
| Financial Metrics | FY 2025 | FY 2024 | FY 2023 |
|---|---|---|---|
| Total Assets (₹ Cr) | 55.90 | 27.64 | 16.20 |
| Revenue (₹ Cr) | 97.49 | 68.94 | 41.90 |
| Profit After Tax (₹ Cr) | 14.49 | 8.51 | 4.54 |
| Net Worth (₹ Cr) | 35.20 | 18.52 | 10.01 |
| Total Borrowing (₹ Cr) | 7.43 | 2.70 | 3.67 |
Growth Analysis:
- Revenue Growth (FY24-FY25): 41% increase
- PAT Growth (FY24-FY25): 70% increase
- Three-Year Revenue CAGR: Approximately 53%
Key Performance Indicators:
| KPI | Value |
|---|---|
| ROE (Return on Equity) | 53.94% |
| ROCE (Return on Capital Employed) | 46.22% |
| Debt/Equity Ratio | 0.21 |
| RoNW (Return on Net Worth) | 41.15% |
| PAT Margin | 14.88% |
| Price to Book Value | 12.20 |
Valuation Metrics:
| Metric | Pre-IPO | Post-IPO |
|---|---|---|
| EPS (₹) | 9.05 | 6.67 |
| P/E Ratio | 15.79 | 21.45 |
| Market Cap (₹ Cr) | – | 310.82 |
The impressive 70% jump in PAT raises questions about sustainability – is this growth momentum realistic for the long term?
Use of IPO Proceeds – Where Your Money Goes
Understanding how the company plans to utilize the Monolithisch India IPO proceeds is crucial for investment decisions.
Fund Utilization Breakdown:
| S.No. | Purpose | Amount (₹ Cr) |
|---|---|---|
| 1 | Capital expenditure for new manufacturing facility (land, building, machinery) | 16.58 |
| 2 | Investment in subsidiary Metalurgica India Private Limited | 27.90 |
| 3 | Working capital requirements | 20.00 |
| 4 | General corporate purposes | Remaining amount |
Strategic Focus Areas:
- Capacity Expansion: 20.2% of proceeds for new manufacturing setup
- Subsidiary Investment: 34% for expanding through subsidiary operations
- Working Capital: 24.4% for operational requirements
The heavy focus on subsidiary investment indicates aggressive expansion plans – but will this strategy pay off?
Monolithisch India IPO Key Intermediaries
Lead Manager and Market Maker:
- Book Running Lead Manager: Hem Securities Limited
- Registrar: Kfin Technologies Limited
- Market Maker: Hem Finlease Private Limited
Contact Information:
Company Address:
Plot No. 381, Village Utaraha, P.S. Neturia, Purulia, West Bengal
Phone: +91-9155330164
Email: cs@monolithischindia.in
Website: https://monolithisch.com/
Registrar Contact:
Kfin Technologies Limited
Phone: 040-67162222, 040-79611000
Email: mil.ipo@kfintech.com
Competitive Strengths and Risk Analysis
Competitive Advantages:
- Strategic Location: Easy access to raw materials and customers in Eastern India
- Established Customer Base: Long-standing relationships with 61+ clients
- Experienced Management: Promoter-driven company with industry expertise
- Financial Performance: Consistent growth trajectory over recent years
- Specialized Products: Focus on niche refractory products
Potential Risk Factors:
- Regional Concentration: Heavy dependence on Eastern India market
- Industry Cyclicality: Steel industry’s cyclical nature affects demand
- Small Scale Operations: Limited manufacturing capacity compared to larger players
- Working Capital Intensity: Significant working capital requirements
Expert Recommendations – Should You Invest?
Professional Analysis:
According to expert reviews, the Monolithisch India IPO presents a mixed investment opportunity:
Dilip Davda’s Review Summary:
- Business Model: Solid fundamentals in ramming mass manufacturing
- Growth Concern: Sustainability of recent bottom-line surge questionable
- Pricing: Appears aggressively priced based on current financials
- Recommendation: Moderate investment for medium to long-term horizon
Broker Recommendations:
| Review Source | Subscribe | Neutral | Avoid |
|---|---|---|---|
| Brokers | 1 | 0 | 0 |
| Members | 0 | 0 | 0 |
How to Apply for Monolithisch India IPO
Step-by-Step Application Process:
- Open a Demat Account: If you don’t have one, consider opening accounts with reliable brokers
- Check Your Investment Limit: Ensure you have ₹1,43,000 for minimum investment
- Choose Your Bidding Platform: Apply through your broker’s platform or net banking
- Submit Your Application: Before 5 PM on June 16, 2025
- UPI Mandate Confirmation: Complete UPI authorization for payment
Remember: Applications submitted after the cut-off time will be rejected, so don’t wait until the last minute!
Comparison with Recent SME IPOs
To make an informed decision about the Monolithisch India IPO, let’s compare it with other recent SME offerings:
For comprehensive IPO analysis and investment strategies, check out our detailed guide on **Oswal Pumps IPO 2025: Complete Investment Guide**.
Investment Preparation Tips:
- Understand **What is Demat Account: Complete Guide** if you’re new to investing
- Learn about diversification with our **Complete ETF Investment Guide**
Frequently Asked Questions (FAQs)
A: The Monolithisch India IPO price band is set at ₹135 to ₹143 per share, with a face value of ₹10 per share.
A: The Monolithisch India IPO opens on June 12, 2025, and closes on June 16, 2025.
A: Retail investors need a minimum investment of ₹1,43,000 (1,000 shares at cut-off price) for the Monolithisch India IPO.
A: Monolithisch India shares will be listed on NSE SME with a tentative listing date of June 19, 2025.
A: Monolithisch India Limited manufactures specialized ramming mass, a heat insulation refractory used in iron and steel industry induction furnaces.
A: The company showed strong growth with 41% revenue increase and 70% PAT growth between FY24 and FY25.
A: Key risks include regional market concentration, industry cyclicality, small scale operations, and questions about growth sustainability.
A: Hem Securities Limited is the book-running lead manager, while Kfin Technologies Limited serves as the registrar.
Final Investment Verdict
The Monolithisch India IPO 2025 presents an interesting opportunity in the specialized refractory manufacturing sector. With impressive recent financial performance showing 70% PAT growth and strong return ratios, the company demonstrates solid fundamentals.
Key Takeaways:
- Strong Financial Metrics: ROE of 53.94% and ROCE of 46.22% indicate efficient operations
- Growth Trajectory: Consistent revenue and profit growth over three years
- Niche Market Position: Specialized products with established customer relationships
- Strategic Location: Advantageous positioning in Eastern India’s industrial belt
Investment Considerations:
However, the aggressive pricing at 21.45x post-IPO P/E ratio and concerns about growth sustainability warrant careful consideration. The heavy regional concentration and dependence on the cyclical steel industry add risk factors.
Our Recommendation:
For informed investors with a medium to long-term investment horizon, the Monolithisch India IPO could be worth considering with moderate allocation. The company’s strong fundamentals and growth potential in India’s expanding steel sector provide a compelling investment case, but the aggressive valuation demands careful position sizing.
Remember: This analysis is for educational purposes only. Always consult with your financial advisor and conduct your own research before making investment decisions.
Disclaimer: This article is for informational purposes only and should not be considered as financial advice. IPO investments carry market risks. Please consult with your financial advisor before making any investment decisions.
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