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Jun 12, 2025
Monolithisch India's IPO launch: Essential investor information
Monolithisch India's IPO is live from Thursday to Monday, aiming to raise ₹82.02 crore by offering 57.36 lakh shares at ₹135-₹143 each. You'll need to bid for at least 1,000 shares if you want in. The stock will debut on the NSE SME platform on June 19.
TL;DR
Dominating the ramming mass market
Founded in 2018, Monolithisch India makes premixed ramming mass—a key material used in steel production—and supplies over 80% of India's integrated steel plants. The IPO funds will help them build a new plant, invest in their subsidiary, and cover business needs.
Revenue up by 41% this year
The company's revenue jumped 41% this year to ₹97.49 crore, while net profit soared by 70% to ₹14.49 crore—showing they're not just growing fast but also turning solid profits.