Monolithisch India Limited IPO

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Core Operations

The Company makes and supplies a special type of material called ramming mass. This material is used inside induction furnaces (large machines used to melt metal) to create a protective lining. It helps keep the heat inside the furnace and protects it from damage when melting iron or steel.The Company mainly sells this material to iron and steel factories. Additionally, the Company also undertakes trading of its products on an occasional basis to cater to urgent or surplus demands from customers.

Manufacturing Facility

The Company’s manufacturing facility is located in Purulia, West Bengal, covering an area of approximately 3.5 acres. It houses advanced machinery including jaw crushers, roll crushers, vibrators, and mixing and packing units, designed to support production of ramming mass across various grades. The facility emphasizes automation with minimal manual intervention, enhancing efficiency and quality consistency.The Company has also entered into agreements to purchase additional land for future capacity expansion.

Geographical Reach

The Company has a strong operational presence in Eastern India, particularly in West Bengal, Jharkhand, and Odisha, which together contribute over 90% of revenue from operations. In FY2024–25, the Company also commenced exporting products to Nepal. The proximity of its plant to customer locations results in lower freight costs, offering a cost advantage over competitors.

Customer Relationships

The Company serves a growing base of iron and steel producers. Due to its focus on quality and timely delivery, the Company has developed long-standing relationships with several key customers.

i)Customer base increased from 41 in FY2023 to 63 in FY2025.
ii) 61.44% of FY2024 revenue was derived from repeat customers.
iii)Revenue from operations has grown at a CAGR of 52.46% between FY2023 and FY2025.

Strategic Strengths

i) ISO certifications validate the Company’s focus on quality, compliance, and operational excellence.
ii)Automated manufacturing processes ensure scalability, efficiency, and consistency.
iii)Proximity to raw material sources and customer locations allows for cost-effective production and distribution.
iv) A proven ability to retain customers and deliver customized solutions reinforces the Company’s leadership in the ramming mass segment.

Objects of the Monolithisch India Limited IPO:

Company intend to utilize the proceeds of the Issue to meet the following objects: - 1) Funding capital expenditure towards setting up of a manufacturing facility (₹16.57 cr) 2) Investment in our Subsidiary, Metalurgica India Private Limited for financing its capital expenditure (₹27.89 cr) 3) To meet working capital requirements (₹20 cr) 4) General Corporate Purpose.
DRHP of Monolithisch India Limited IPO
RHP of Monolithisch India Limited IPO

Monolithisch India Limited IPO Details:

Open Date: Jun 12 2025
Close Date: Jun 16 2025
Total Shares: 57,36,000
Face Value: ₹ 10 Per Equity Share
Issue Type: Book Building
Issue Size: 82.02 Cr.
Lot Size: 1000 Shares
Issue Price: ₹ 135-143 Per Equity Share
Listing At: NSE Emerge

Promoters And Management:

1. Prabhat Tekriwal is the Chairman, Whole-Time Director & CFO of our Company. He is also one of the Promoters of our Company and has been associated with our Company since its incorporation. He holds a Bachelor’s Degree in Commerce from University of Ranchi. He has a work experience of over 36 years in refractory material manufacturing. He overviews the financial operations, corporate strategy, and stakeholder management for the Company. 2. Harsh Tekriwal is the Managing Director of our Company. He is also one of the Promoters of our Company and has been associated with our Company since its incorporation. He holds a Master’s Degree in Business Administration & Bachelor’s Degree in Mechanical Engineering from Cardiff University. His education, experience and management abilities have enabled the company with innovation with 7 years of industry experience. He streamline the business operations & drives sustainable growth. 3. Sharmila Tekriwal is the Non-Executive Director of our Company She is also one of the Promoters of our Company and has been associated with our Company since its incorporation. She has passed secondary school. She has an industry experience of around 23 years in refractory material industry.

Financials of Monolithisch India Limited IPO: 

To be updated shortly.

Comparison With Peers:

To be updated shortly.

Lead Manager of Monolithisch India Limited IPO:

  1. Hem Securities Limited

Registrar of Monolithisch India Limited IPO:

  1. Kfin Technology Private Limited

Discussion on Monolithisch India Limited IPO:

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