Monolithisch India IPO Closes Today 7.5x Subscribed, GMP Soars to 27%
The Monolithisch India IPO is creating a buzz in India’s capital markets as it wraps up its subscription period on June 16, 2025. This SME IPO, launched by a Rajasthan-based refractory materials company, has seen overwhelming demand, with subscriptions reaching 7.5 times the offered shares. Priced between Rs. 135 and Rs. 143 per share, the IPO is attracting investors with its strong fundamentals and a grey market premium (GMP) of Rs. 39, signaling a potential listing gain of 27%.
As the Monolithisch India IPO closes today, retail and institutional investors are rushing to grab a piece of this promising issue. With its focus on specialized ramming mass for steel and cement industries, the company is riding India’s industrial growth wave. Here’s everything you need to know about the Monolithisch India IPO and why it’s a hot pick for 2025
Monolithisch India IPO: Key Details at a Glance
The Monolithisch India IPO is a fresh issue of 57.36 lakh equity shares, aiming to raise Rs. 82.02 crore at the upper price band. Launched on June 12, 2025, it’s a fully fresh issue with no offer-for-sale component, meaning funds will fuel the company’s expansion plans. The minimum application is for 1,000 shares, requiring an investment of Rs. 1.43 lakh for retail investors.
The IPO is listed on the NSE SME platform, with Hem Securities as the lead manager and Maashitla Securities as the registrar. The Monolithisch India IPO has seen strong demand, with retail investors subscribing 4.5 times and qualified institutional buyers (QIBs) leading the charge. The allotment is expected by June 18, with listing slated for June 19, 2025.
This IPO’s timing aligns with India’s booming capital markets, where SME IPOs are gaining traction due to high returns. For Indian investors, the Monolithisch India IPO offers a chance to invest in a niche player supporting the steel and cement sectors, key drivers of India’s infrastructure growth.
Monolithisch India IPO Details Table
| Particulars | Details |
|---|---|
| IPO Open Date | June 12, 2025 |
| IPO Close Date | June 16, 2025 |
| Total Issue Size | 57.36 lakh equity shares (Rs. 55.39 Cr – Rs. 58.67 Cr) |
| Face Value | Rs. 10 per share |
| Price Band | Rs. 135 – Rs. 143 per share |
| Lot Size | 1,000 shares (Rs. 1.43 lakh for retail investors) |
| Fresh Issue | Rs. 82.02 crore |
| Listing On | NSE SME |
| Lead Manager | Hem Securities |
| Registrar | Maashitla Securities Pvt Ltd |
| Allotment Date | June 18, 2025 (tentative) |
| Listing Date | June 19, 2025 (tentative) |
About Monolithisch India: A Niche Refractory Leader
Monolithisch India Ltd., established in 2018, is a key player in manufacturing specialized ramming mass, a heat-insulating refractory material used in induction furnaces for steel and foundry industries. The company’s products support India’s growing steel demand, driven by infrastructure and manufacturing growth. Its focus on quality has earned it a strong foothold in domestic and export markets.
The Monolithisch India IPO proceeds will fund a new manufacturing facility, working capital needs, and general corporate purposes, strengthening its production capacity. With a 25% sales growth in the last fiscal year and a PE ratio of 21x, the company shows promising financials, making it an attractive bet for investors.
For Indian investors, Monolithisch India’s niche focus aligns with the government’s push for industrial self-reliance. The Monolithisch India IPO taps into this growth story, offering a chance to back a company poised to benefit from India’s steel and cement boom.
Monolithisch India IPO Subscription Status
The Monolithisch India IPO has seen robust demand across investor categories. As of Day 3, the IPO is subscribed 7.5 times, with over 4 crore equity share applications against the 57.36 lakh shares offered. Retail investors have shown strong interest, subscribing 4.5 times, while QIBs have driven the oversubscription with aggressive bidding.
Subscription Status Table (as of June 16, 2025)
| Category | Subscription (Times) | Shares Applied | Shares Offered |
|---|---|---|---|
| Qualified Institutional Buyers (QIB) | ~10x | ~2 crore | 20% of issue |
| Non-Institutional Investors (NII) | ~5x | ~1 crore | 15% of issue |
| Retail Individual Investors (RII) | 4.5x | ~1 crore | 35% of issue |
| Total | 7.5x | ~4 crore | 57.36 lakh |
This strong subscription reflects investor confidence in the Monolithisch India IPO and its growth potential. For Indian retail investors, the high demand signals a potential listing pop, though experts advise caution due to SME IPO volatility.
Grey Market Premium (GMP): What’s the Buzz?
The Monolithisch India IPO is trading at a GMP of Rs. 39 in the grey market, translating to a 27% premium over the upper price band of Rs. 143. This suggests a potential listing price of around Rs. 182, offering decent gains for allottees. The GMP has risen steadily, reflecting positive market sentiment.
However, GMP is not a guaranteed indicator of listing performance, as it’s driven by unlisted market trades and investor speculation. Indian investors eyeing the Monolithisch India IPO should weigh the GMP alongside the company’s fundamentals, given the risks associated with SME IPOs.
The buzz around the Monolithisch India IPO GMP highlights its appeal, especially for those seeking short-term gains. With India’s IPO market on a high, this SME issue is drawing attention for its niche focus and strong subscription numbers.
Financial Performance: A Snapshot
Monolithisch India has shown robust financial growth, with a 25% sales increase in FY24, driven by rising demand for refractory materials. The company’s profit after tax (PAT) has also grown steadily, supporting its PE ratio of 21x, which is reasonable for an SME in a high-growth sector. Its debt-free status adds to its financial stability.
The Monolithisch India IPO is backed by these strong financials, making it appealing to long-term investors. The company’s export focus and domestic market share position it well to capitalize on India’s industrial growth, a key factor for Indian investors considering this IPO.
For retail investors, the financial snapshot underscores the Monolithisch India IPO’s potential as a growth story. However, experts recommend reviewing the DRHP for detailed risks, such as dependency on the steel industry and raw material price volatility.
Risks to Consider Before Applying
Investing in the Monolithisch India IPO comes with risks, typical of SME IPOs. The company relies heavily on the steel and foundry sectors, making it sensitive to industry downturns. Raw material price fluctuations could also impact margins, a concern for investors.
The high subscription and GMP may lead to lower allotment chances for retail investors, and post-listing volatility is common in SME stocks. Indian investors should assess their risk appetite and consult financial advisors before applying for the Monolithisch India IPO.
Despite these risks, the Monolithisch India IPO offers a unique opportunity to invest in a niche industrial player. Balancing the growth potential with these risks is key for informed decision-making.
Why Should You Apply for the Monolithisch India IPO?
- Niche Market Leader: Monolithisch India specializes in ramming mass, a critical component for steel and cement industries, with a growing market share.
- Strong Financials: 25% sales growth in FY24 and a debt-free balance sheet signal financial health.
- Industrial Growth: Benefits from India’s steel and infrastructure boom, aligning with government initiatives.
- Attractive GMP: A 27% grey market premium suggests potential listing gains of Rs. 39 per share.
- Expansion Plans: IPO funds will boost production capacity, positioning the company for future growth.
The Monolithisch India IPO is ideal for investors seeking exposure to India’s industrial sector. Its strong subscription and GMP make it a hot pick, but long-term potential lies in its niche expertise and market demand.
FAQs About Monolithisch India IPO
Q1: What is the Monolithisch India IPO price band?
The Monolithisch India IPO price band is Rs. 135–143 per share, with a lot size of 1,000 shares.
Q2: When does the Monolithisch India IPO close?
The IPO closes on June 16, 2025, with allotment expected by June 18 and listing on June 19.
Q3: What is the grey market premium (GMP) for Monolithisch India IPO?
The GMP is Rs. 39, indicating a 27% premium and a potential listing price of Rs. 182.
Q4: How can I check the Monolithisch India IPO allotment status?
Visit the registrar’s website (Maashitla Securities) or NSE SME portal with your application details post-allotment.
Q5: Is the Monolithisch India IPO a good investment?
The Monolithisch India IPO offers growth potential but carries SME IPO risks. Review financials and consult advisors.
Conclusion
The Monolithisch India IPO is a golden opportunity for Indian investors to tap into a niche refractory materials company fueling India’s steel and cement industries. With a 7.5x subscription, a 27% GMP, and strong financials, it’s one of the most talked-about SME IPOs of 2025. The IPO’s proceeds will drive expansion, positioning the company for long-term growth.
However, SME IPOs come with volatility risks, and investors should weigh the Monolithisch India IPO’s potential against market uncertainties. For those seeking short-term listing gains or long-term industrial exposure, this IPO is a compelling choice. Don’t miss the chance to be part of this industrial growth story—apply before it closes today.
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