Monolithisch India IPO

Incorporated in August 2018, Monolithisch India Limited manufactures and supplies specialized "ramming mass," a heat insulation refractory used in the iron and steel industry induction furnaces. The company's products include SGB-777, SLM-999, BG-77, Quartzite Grain SLM -980 and SLM 980. The company is ISO certified and specializes in manufacturing specialized ramming mass for heat insulation, used by customers as a refractory consumable in induction furnaces for iron, steel, and foundry plants. The company’s major customers are iron and steel producers in Eastern India, primarily in West Bengal, Jharkhand, and Odisha. The company's manufacturing unit is situated in Purulia, West Bengal. The company's clients grew from 43 in 2023 to 61 in 2025. As of March 31, 2025, the Company has 26 full-time employees and hires contract labor for various operations in its manufacturing facility. Competitive Strength Established manufacturing facility with easy access to raw material sources. Long-standing customer relationships with customers along with location advantage. Experienced Promoters and Management team. Track record of healthy financial performance

The Company Monolithisch India IPO proposes to utilise the Net Proceeds from the Issue towards the following objects: S.No. Objects of the Issue Expected Amount (Rs. in crores) 1 Funding capital expenditure towards setting up of a manufacturing facility of the Company by purchase of land, building of factory shed, civil work and installation of additional plant and machinery therein 16.58 2 Investment in our Subsidiary, Metalurgica India Private Limited for financing its capital expenditure towards purchase of land, building of factory shed, civil work and installation of additional plant and machinery therein 27.90 3 To meet working capital requirements 20.00 4 General Corporate Purpose

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