
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
Overall Subscription
182.89x
Total Demand
QIB Multiplier
129.20x
Institutions & Funds
NII / HNI
459.99x
High Net-Worth
Retail (RII)
94.71x
Individual Bidders
Live bidding breakdown by institutional, non-institutional, and retail investors
| Category | Shares Offered | Shares Applied / Bid | Times Subscribed |
|---|---|---|---|
| QIB | 1,090,000 | 140,831,000 | 129.20x |
| NIB | 818,000 | 376,275,000 | 459.99x |
| RETAIL | 1,907,000 | 180,616,000 | 94.71x |
| Total | 3,815,000 | 697,722,000 | 182.89x |
Total unique applications received across retail and HNI tranches
| Category | Applications Reserved | Applications Received | Times Subscribed |
|---|---|---|---|
| QIB | — | 97 | 0.00x |
| NIB | — | 15,615 | 0.00x |
| RETAIL | — | 180,616 | 0.00x |
Track continuous institutional and retail bidding order books for all active issues on the ipo live subscription feed.
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 (GMP) for Monolithisch India Limited IPO is ₹39 per equity share. Based on the upper price band of ₹135 to ₹143 per equity share, the estimated listing price is ₹182 (+27.3% expected listing gain).
With a lot size of 1000 shares and current GMP of ₹39, the expected profit per application lot is approx ₹39,000 (+27.3% gain). Minimum application cost is approx ₹1,43,000.
The Monolithisch India Limited IPO aggregate issue size is ₹82.02 Crores with an equity price band set at ₹135 to ₹143 per equity share. The retail lot size is 1000 shares requiring a minimum capital outlay of approx. ₹1,43,000.
Live subscription figures are compiled real-time from the NSE and BSE bidding engines. Currently, overall subscription is 182.89x (Retail: 94.71x, QIB: 129.20x, NII: 459.99x). You can track live multiples directly on our dedicated subscription page.
The basis of allotment will be published on the official registrar portal (Kfin Technologies Limited) and the BSE status verification website on or around 2025-06-17. Investors can verify status using PAN card or application number.
Monolithisch India Limited shares are scheduled to list on NSE on 2025-06-19.