The IPO is offered to a price band of Rs 135 to Rs 143 per share. Investors in the tyranny can apply for a minimum size of 1,000 parts, which require an investment in Rs 1.43 lakh at the upper end of the price band.
Securities are the booking running leader manager, and Kfin Technologies is the registrum for the issue.
India monolithisch, enclosed in August 2018, specialized in creating and supplying “ramming mass,” a key insulation material used by iron and steel furnaces.
The company has expanded the client base from 43 to 2023 to 61 to 2025, focusing on growing market presence. It posted strong financial performance for FY25, with income 41% to Rs 97.49 crore and net profit adding 70% to last year.
IPO utilities will be used to fund capital expenditure for a new manufacturing facility, investing in India MetalGratroary requirements.