Monolithisch India IPO 2025: Price, Dates & GMP Details

The Monolithisch India Limited IPO opens on June 12, 2025, presenting investors with an opportunity to participate in India's rapidly expanding refractory materials sector. With the India steel industry projected to reach 300 million tonnes by 2030 and increasing demand for specialized ramming mass materials, this SME IPO comes at a strategically opportune time in the metallurgical industry.

IPO Dates for Monolithisch India

The Monolithisch India IPO date is June 12, 2025 and the close date is June 16, 2025. The Monolithisch India IPO allotment will be finalized on June 17, 2025 and the IPO listing on June 19, 2025.

Monolithisch India IPO Market Lot

The Monolithisch India IPO minimum market lot is 1000 shares with ₹1,43,000 application amount.

IPO Details Summary

About Monolithisch India IPO

Monolithisch India Limited has established itself as a specialized manufacturer of ramming mass for the steel industry since its inception. The company operates with a clear strategic vision in the refractory materials sector, leveraging over 36 years of combined experience from its promoters and managing director.

Operational Footprint

• Manufacturing Specialization : High-quality ramming mass for steel industry applications

• Geographic Reach : Supplies across major steel manufacturing regions in India

• Industry Focus : Refractory materials for metallurgical and foundry industries

• Quality Standards : Adheres to international quality standards for refractory products

Business Model

• Primary Product : Specialized ramming mass for heat insulation and lining

• Target Market : Steel manufacturers, foundries, and metallurgical industries

• Manufacturing Excellence : State-of-the-art production facilities

• Customer Base : Expanded from 41 to 63 customers (53% growth)

Financial Performance of Monolithisch India

The company reported revenue of ₹97.34 crores in 2025 with exceptional growth trajectory. The company demonstrated remarkable performance with a revenue CAGR of 52.46% from FY23 to FY25 and profit of ₹14.49 crores in FY25.

Amount ₹ in Crores

Performance Analysis

Monolithisch India Limited demonstrated exceptional growth with revenue CAGR of 52.46% from FY23 to FY25, reaching ₹97.34 crores in FY25. The company's customer base expanded significantly from 41 customers to 63 customers, representing a 53% increase in customer count.

Key Financial Highlights :

• Revenue CAGR: 52.46% (FY23-FY25)

• Customer Growth: 53% increase (41 to 63 customers)

• PAT: ₹14.49 crores in FY25

• PAT Margin: Approximately 14.9%

• Asset Growth: Strong balance sheet expansion

Monolithisch India IPO Share Reservation

The Monolithisch India IPO is a bookbuilding offering of 57.36 lakh shares valued ₹82.02 crores. The NSE SME will list shares of Monolithisch India Limited. Additionally, SEBI set down the requirements for reserving shares for certain investor types.

Aim of Monolithisch India IPO

The primary goal of the Monolithisch India IPO is to raise ₹82.02 crores. However, Monolithisch India Limited has made the decision to use these funds strategically for business expansion. Examine the key objectives for the IPO of Monolithisch India:

• To fund production capacity expansion

• To meet working capital requirements

• To fund geographic market expansion

• To meet general corporate purposes

• To meet the issue expenses

Fund Utilization Breakdown

• Capacity Expansion : Increasing manufacturing capabilities for ramming mass

• Working Capital : Supporting increased business operations

• Market Expansion : Entering new geographical markets

• Technology Upgradation : Enhancing manufacturing processes

• Corporate Growth : Strategic business development initiatives

How to Apply for Monolithisch India IPO?

Step-by-step guide on how to apply for the Monolithisch India IPO:

Step 1 : Login to your broker app (Zerodha, Angel One, Groww, etc.)

Step 2 : Go to the IPO section and select Monolithisch India IPO

Step 3 : Click "Apply"

Step 4 : Enter:

• Lot size (min. 1 lot = 1000 shares)

• Bid price (₹135–₹143 or select Cut-Off)

• Your UPI ID

Step 6 : Submit the application

Step 7 : Approve the UPI mandate in your UPI app (PhonePe, GPay, etc.)

⏰ Important: Mandate must be approved before 5 PM on the same day or before IPO closes (June 16).

How to Check Monolithisch India IPO Allotment Status?

You can check for Monolithisch India IPO allotment in different ways. These include NSE and the registrar portal. Look at the steps mentioned below to check your allotment status online.

Method 1 : Check On NSE

Step 1 : Visit the NSE Official Website

Step 2 : Navigate to the IPO Allotment Section

Step 3 : Select Equity as the issue type

Step 4 : Choose Monolithisch India IPO

Step 5 : Choose whether to proceed with the PAN number or application number

Step 6 : Submit your details to get the allotment status online

Method 2 : Check On Registrar Portal (KFin Technologies)

Step 1 : Visit KFin Technologies official website

Step 2 : Select IPO allotment status

Step 3 : Choose Monolithisch India IPO

Step 4 : Enter PAN or application number

Step 5 : Submit to check status

Gray Market Premium (GMP) Analysis

Valuation Analysis

Key Metrics

• P/E Ratio: ~18.4x (based on FY25 PAT)

• Price-to-Book: ~6.2x

• Market Cap: ₹266.67 crores (at upper band)

• Revenue Multiple: ~2.7x

Peer Comparison

Know Before Investing

Risk

• Dependence on the cyclical steel industry affects demand patterns.

• Volatile raw material prices can reduce profit margins.

• SME platform listing carries lower liquidity and higher stock price volatility.

• Heavy reliance on steel sector customers limits business diversification.

• Faces strong competition from established players in refractory materials.

• Requires efficient management of inventory and receivables for healthy cash flow.

Strengths

• Over 36 years of industry experience in refractory materials.

• Achieved 52.46% revenue CAGR and 53% growth in customer base.

• Specialization in ramming mass offers a competitive advantage.

• Steel industry growth supports continued demand.

• Strong financials with ~15% PAT margins and consistent profitability.

• IPO funds will support planned geographic expansion.

Conclusion

Monolithisch India IPO represents a compelling investment opportunity within India's expanding steel and refractory materials ecosystem. The company's exceptional financial performance, experienced management, and strategic positioning in a growing market create a favorable investment case.

The remarkable 52.46% revenue CAGR, coupled with 53% customer base expansion and industry tailwinds from India's steel sector growth, suggests potential for sustained business expansion. However, investors should carefully consider the inherent risks associated with SME investments and align their investment strategy with their risk tolerance and investment objectives.

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Disclaimer : This analysis is for educational purposes only and should not be considered as financial advice. Please consult with your financial advisor before making any investment decisions. SME investments carry higher risks compared to mainboard stocks.

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