Subscription
Last updated on 12-Jun-2025 16:25:02
| Category | Offered | Applied | Times |
|---|---|---|---|
| QIB | 1090000 | 3815000 | 3.5 |
| NIB | 818000 | 586000 | 0.72 |
| RETAIL | 1907000 | 3575000 | 1.87 |
| Total | 3815000 | 7976000 | 2.09 |
| Application Wise Breakup | |
|---|---|
| Category | App. Received |
| QIB | 1 |
| NIB | 190 |
| RETAIL | 3575 |
| Total | 3766 |
| Subscription Demand (in ₹ crore) | |||
|---|---|---|---|
| Category | Offered | Demand | Times |
| QIB | 15.59 | 54.55 | 3.5 |
| FII | - | 0 | - |
| FI | - | 0 | - |
| IC | - | 0 | - |
| MF | - | 0 | - |
| OTH | - | 54.55 | - |
| NIB | 11.7 | 8.38 | 0.72 |
| RETAIL | 27.27 | 51.12 | 1.87 |
| Total | 54.55 | 114.06 | 2.09 |
| QIB Interest Cost Per Share (7 Days) | |||||
|---|---|---|---|---|---|
| @7% ₹0.7 | @8% ₹0.8 | @9% ₹0.9 | @10% ₹1 | @11% ₹1.1 | @12% ₹1.2 |
| HNI Interest Cost Per Share (7 Days) | |||||
|---|---|---|---|---|---|
| @7% ₹0.1 | @8% ₹0.2 | @9% ₹0.2 | @10% ₹0.2 | @11% ₹0.2 | @12% ₹0.2 |
About
| Category | Lot(s) | Qty | Amount | Reserved |
|---|---|---|---|---|
| Retail (10000 to 2 lakh) | 1 | 1000 | 143000 | 1907 |
| HNI (2 lakh to 5 lakh) | 2 | 2000 | 286000 | 818 |
IPO Details
| Total Issue Size | 57,36,000 shares (aggregating up to 82.02 Cr) |
| Fresh Issue | 57,36,000 shares (aggregating up to 82.02 Cr) |
| Issue Type | Bookbuilding IPO |
| Listing At | NSE SME |
| Share Holding Pre Issue | 1,60,00,000 shares |
| Share Holding Post Issue | 2,17,36,000 shares |
| Market Maker Portion | 2,88,000 shares |
| Market Maker | Hem Finlease Private Limited |
IPO Reservation
| Investor Category | Shares Offered |
|---|---|
| QIB Shares Offered | Not more than 50% of the Net Issue |
| Retail Shares Offered | Not less than 35% of the Offer |
| NII (HNI) Shares Offered | Not less than 15% of the Net Isssue |
Key Performance Indicators
| KPI | Mar-25 | Mar-24 | Mar-23 |
|---|---|---|---|
| ROE | 53.94% | 59.69% | 58.74% |
| ROCE | 46.22% | 57.86% | 46.80% |
| EPS (basic) | 9.11 | 5.39 | 2.88 |
| P/E Pre IPO | 15.79 | ||
| P/E Post IPO | 21.45 |
Financial Details In Crores
| Period Ended | Mar-25 | Mar-24 | Mar-23 |
|---|---|---|---|
| Assets | 55.9 | 27.6 | 16.2 |
| Revenue | 97.5 | 68.9 | 41.9 |
| Profit After Tax | 14.5 | 8.5 | 4.5 |
| Net Worth | 35.2 | 18.5 | 10.0 |
| Reserves and Surplus | 19.2 | 16.7 | 8.2 |
| Total Borrowing | 7.4 | 2.7 | 3.7 |
About Company
Incorporation: August 2018
Business Activity: Manufactures and supplies specialized ramming mass used as heat insulation refractory in induction furnaces for the iron and steel industry.
Key Products: SGB-777, SLM-999, BG-77, Quartzite Grain SLM-980, and SLM 980.
Industry Focus: Iron, steel, and foundry plants.
Manufacturing Facility: Located in Purulia, West Bengal.
Geographical Reach: Serves customers across West Bengal, Jharkhand, and Odisha.
Certifications: ISO certified manufacturing operations.
Customer Base: Grew from 43 customers in 2023 to 61 customers in 2025, primarily iron and steel producers in Eastern India.
Workforce (as of March 31, 2025): 26 full-time employees and additional contract labor.
Strength
Strategic Location: Manufacturing unit with easy access to raw material sources.
Customer Relationships: Strong, long-standing ties with regional iron and steel producers.
Experienced Leadership: Led by seasoned promoters and a capable management team.
Weakness
Related Party Conflict: Potential conflict of interest with Group Company Mineral India Global Private Limited.
Supplier Dependency: Reliance on key raw material suppliers without long-term contracts may disrupt operations.
Customer Concentration: Revenue depends on a limited customer base; loss of key clients may impact financial performance.
Lead Manager(s)
Address
Monolithisch India Limited
Plot No. 381, Village
Utaraha,
P.S. Neturia,
Purulia, West Bengal
Phone: +919155330164
Email: cs@monolithischindia.in
Website: https://monolithisch.com/