Monolithisch India IPO is a book-built issue IPO, aiming to raise ₹82.02 crore. It is an entirely fresh issue of 54.48 lakh shares. The bidding window was open from June 12, 2025, to June 16, 2025, with the IPO allotment to be finalised today on June 17, 2025. Monolithisch India is scheduled to list on NSE SME on June 19, 2025.
The IPO was priced at a range of ₹135 – ₹143 per share with a lot size of 1000 shares. The public issue received bids for 69,58,40,000 shares against 38,15,000 shares available, resulting in an overall subscription of 182.40 times. Retail investors led the response, subscribing 459.96 times their quota, followed by retail investors at 93.74 times.
Monolithisch India' ₹82.02 crore IPO, priced between ₹135 – ₹143 per share, was subscribed 182.40 times overall. The IPO is an entirely fresh issue of 54.48 lakh shares. Bidding took place from June 12 to June 16, 2025, with the Monolithisch India IPO allotment status on June 17, 2025. Retail investors subscribed 93.74 and NIIs 459.96 times. Listing is expected on June 19, 2025.
The table below breaks down the Monolithisch India share allocation for different categories, highlighting the number of shares and their percentage of the total issue. However, the key focus remains on the quotas allocated to retail investors and HNIs, as they are the most relevant for individual investors.
| Investor Category | Shares Offered |
| Anchor Investor Shares Offered | 16,33,000 (39.80%) |
| Market Maker Shares Offered | 2,88,000 (7.02%) |
| QIB Shares Offered | 27,23,000 (66.37%) |
| NII (HNI) Shares Offered | 8,18,000 (19.94%) |
| Retail Shares Offered | 19,07,000 (46.48%) |
| Total Shares Offered | 41,03,000 (100.00%) |
Data Source: NSE
| Category | Subscription (times) |
| Qualified Institutional Buyers | 129.20 |
| Non-Institutional Investors | 459.96 |
| Retail Individual Investors | 93.74 |
| Total shares | 182.40 |
Note: The subscription details are as of June 16, 2025
Monolithisch India Limited is a certified company with multiple ISO certifications, specialising in manufacturing and supplying specialised ramming mass. This product serves as a heat insulation lining material used primarily in induction furnaces at iron, steel, and foundry plants.
The company also occasionally trades its products to meet urgent customer demands. Most customers and suppliers are located near the manufacturing facility in Purulia, West Bengal, with key clients based mainly in the eastern Indian states of West Bengal, Jharkhand, and Odisha.
The specialised ramming mass creates a thermal insulation barrier between the induction furnace coil and molten steel, helping to maintain furnace efficiency. The product is made from alpha-quartzite and stone boulders sourced from Bihar, Jharkhand, and Madhya Pradesh.
Alpha-quartzite is preferred for its hardness, density, and resistance to weathering, making it ideal for this application. Since starting operations in 2019, Monolithisch India Limited has expanded its manufacturing capacity to 1,32,000 metric tonnes per annum.
Know more about IPO allotment status and check your application details online for the latest updates on share allocation.
Disclaimer: This blog has been written exclusively for educational purposes. The securities mentioned are only examples and not recommendations. This does not constitute a personal recommendation/investment advice. It does not aim to influence any individual or entity to make investment decisions. Recipients should conduct their own research and assessments to form an independent opinion about investment decisions.
Investments in the securities market are subject to market risks, read all the related documents carefully before investing.
Published on: Jun 16, 2025, 5:42 PM IST
Akshay Shivalkar
Akshay Shivalkar is a financial content specialist who strategises and creates SEO-optimised content on the stock market, mutual funds, and other investment products. With experience in fintech and asset management, he simplifies complex financial concepts to help investors make informed decisions through his writing.
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