
Materials / Industrial Goods · NSE
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.
Price Band
₹135 – ₹143
Issue Size
₹82.02 Cr
Lot Size
1000 shares
GMP
+27.3%
Est. Listing
₹182
at current GMP
Subscribed
182.89x
overall
Open
12 Jun 2025
Close
16 Jun 2025
Allotment
17 Jun 2025
Refund
18 Jun 2025
Demat Credit
19 Jun 2025
Listing
19 Jun 2025
Last updated: 19 Oct 2026
Current Premium
Issue Price (Upper)
₹143
Band: ₹135 – ₹143
Estimated Listing Price
₹182
Upper price + GMP
Lot Size
1000 shares
Min investment ₹1,43,000
Estimated Profit / Lot
₹39,000
1000 × ₹39
Grey Market Premium trend
+₹39
▲ 0 today
Updated less than a minute ago
| Date | GMP (₹) | GMP % | Est. Listing |
|---|---|---|---|
| 31 Oct 2026 | +₹39 | 27.3% | ₹182 |
| 30 Oct 2026 | +₹39 | 27.3% | ₹182 |
| 29 Oct 2026 | +₹35 | 24.6% | ₹178 |
GMP is unofficial market data. Not a guarantee of listing performance.
Monolithisch India Limited is bringing an initial public offering (IPO) in the Materials / Industrial Goods sector with an aggregate issue size of ₹82.02 Crores. The shares are offered at a price band of ₹135 to ₹143 per equity share on NSE. Currently, grey market participants and retail investors are watching the bidding trend, premium movement, and anchor book demand with keen interest.
Prospective investors can apply in the retail quota with a minimum of 1 lot comprising 1000 shares (approx. ₹1,43,000 minimum investment). High net-worth individuals (HNI/NII) can bid in the sHNI (₹2 Lakh to ₹10 Lakh) or bHNI (above ₹10 Lakh) categories for enhanced quota allocation.
Allotment reconciliation will be managed by Kfin Technologies Limited. Eligible allottees will receive credit of equity shares into their Demat accounts by 2025-06-19, while un-allotted funds or UPI block mandates will be released on 2025-06-18.
The latest grey market premium for Monolithisch India Limited IPO is ₹39, which indicates an expected listing price of ₹182.
Kostak rate is the profit amount an investor earns by selling their entire IPO application in the grey market before allotment is finalized.
No. GMP is an unofficial indicator discovered between dealers outside of SEBI-regulated exchanges. Actual listing price is determined by demand-supply discovery on NSE/BSE during the pre-open auction.