The focus is on the Monolithisch India IPO allotment date, latest Grey Market Premium (GMP), and the steps to check the share allotment status online. The IPO bidding concluded on June 16, 2025, and investors are keenly awaiting the allotment status, which is expected to be finalized today, June 17, 2025.
IPO Overview
Monolithisch India's IPO is a book-building issue of ₹82.02 crores, comprising a fresh issue of 54.48 lakh equity shares. The price band was set at ₹135 to ₹143 per share, with a minimum lot size of 1,000 shares. The IPO opened for subscription on June 12, 2025, and closed on June 16, 2025. Hem Securities Limited is the book-running lead manager, and Kfin Technologies is the registrar for the issue. The tentative listing date on NSE Emerge is June 19, 2025.
The net proceeds from the IPO will be used for establishing a new manufacturing facility, investing in the subsidiary Metalurgica India Private Limited, meeting working capital requirements, and general corporate purposes.
Subscription Status
The IPO witnessed significant investor interest, being oversubscribed by 182.89 times overall. The Non-Institutional Investors (NIIs) category was subscribed 459.99 times, while the Retail Individual Investors (RIIs) category was subscribed 94.71 times. The Qualified Institutional Buyers (QIBs) category was subscribed 129.20 times. Overall, the IPO received bids for 69,77,22,000 shares against a net issue of 38,15,000 shares.
Grey Market Premium (GMP)
As of June 17, 2025, the Grey Market Premium (GMP) for Monolithisch India IPO stood at ₹43. This indicates that the expected listing price could be ₹186 (₹143 + ₹43), a gain of approximately 30.07% per share over the upper price band. However, it's important to note that the GMP is an unofficial, market-related indicator and should not be the sole basis for investment decisions.
How to Check Allotment Status
Investors can check the Monolithisch India IPO allotment status through two primary channels: the NSE website and the registrar's website, Kfin Technologies.
Checking Allotment Status on NSE Website:
Checking Allotment Status on Kfin Technologies Website:
Important Dates
Listing Details
The shares of Monolithisch India are expected to be listed on the NSE SME platform.