Listed Price₹231.55
Listing Gain+61.92%
Price Band₹135 - ₹143
Lot Size1,000 shares
Min Bid₹1,43,000
Subscription182.89x
Listed Market Snapshot
₹231.55Listed price from market data
+61.92%listing gain
Issue Amount
₹82.02 Cr
Listed Price
₹231.55
Current Price
₹707.65
Registrar
Kfin Technologies Limited
Timeline•Bookbuilding IPO
Open12 Jun 2025
Close16 Jun 2025
Allotment17 Jun 2025
Listing19 Jun 2025
Quota Reservation Portions
QIBPortion: 10,90,000 shares
26.57%HNIPortion: 8,18,000 shares
19.94%RetailPortion: 19,07,000 shares
46.48%Market MakerPortion: 2,88,000 shares
7.02%Minimum Application Bracket Matrix
Retail1 lots / 1,000 shares
₹1,43,000HNI2 lots / 2,000 shares
₹2,86,000About the Company
Monolithisch India Limited, founded in August 2018, manufactures and supplies ramming mass, a key heat-insulating material used in induction furnaces in the iron and steel industry. Their product range includes SGB-777, SLM-999, BG-77, Quartzite Grain SLM-980, and SLM-980. The company is ISO certified and focuses on delivering high-quality materials to iron, steel, and foundry plants, with most customers located in Eastern India, particularly West Bengal, Jharkhand, and Odisha. Its manufacturing facility is situated in Purulia, West Bengal. The client base has increased from 43 in 2023 to 61 in 2025, and as of March 31, 2025, the company employs 26 full-time workers along with contract staff for additional factory operations.
Company Promoters
Prabhat TekriwalSharmila TekriwalHarsh TekriwalKritish TekriwaKargil Transport Private Limited
Lead Managers
Registrar
Kfin Technologies Limited