Monolithisch India IPO, one of the anticipated upcoming IPOs, opened for subscription on June 12, 2025, and closed on June 16, 2025.
The company is expected to finalise the share allotments today, June 17. Successful bidders can expect the shares to be credited to their demat accounts on Wednesday, June 18, 2025. Those who did not receive an allotment will likely receive refunds on the same day. You can check the IPO allotment status on the NSE website or visit the official registrar's website. Kfin Technologies Limited is the registrar for the issue.
The Monolithisch India share is expected to be listed on the NSE SME on Thursday, Jun 19, 2025.
This IPO was a bookbuilding issue amounting to ₹82.02 crores, comprising a fresh issue of 54.48 lakh shares.
The price band for the Monolithisch India IPO was set at ₹143 per share, with a minimum application lot size of 1000 shares, requiring retail investors to invest at least ₹1,35,000.
The company plans to utilise the net proceeds from the fresh issue primarily to fund capital expenditure for establishing a new manufacturing facility. This includes the purchase of land, construction of a factory shed, civil work, and installation of additional plant and machinery. Additionally, a portion of the proceeds will be invested in its subsidiary, Metalurgica India Private Limited, to finance similar capital expenditure needs such as land acquisition, factory construction, civil work, and installation of plant and machinery. The funds will also be used to meet the company’s working capital requirements and for general corporate purposes.
On Day 3, June 17, 2025, the Monolithisch India IPO subscribed 182.89 times. The public issue was subscribed 94.71 times in the retail category, 129.20 times in the Qualified Institutional Buyers (QIB) category, and 459.99 times in the Non-Institutional Investors (NII) category.
Also Read: Upcoming IPOs This Week (June 16-20): 2 Mainboard IPO Debuts to Watch!
The subscription across all investor categories reflects investor confidence in Monolithisch India’s growth potential. All eyes are now on its NSE SME listing.
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 17, 2025, 9:45 AM IST
Nikitha Devi
Nikitha is a content creator with 6+ years of experience in the financial domain. Specialising in personal finance, investments, and market insights, Nikitha simplifies complex financial topics, making them accessible to readers.
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