Monolithisch India Ltd Company Summary

Monolithisch India Ltd Summary

Monolithisch India Limited was originally incorporated as Monolithisch India Private Limited with effect from August 29, 2018 as a Private Limited Company dated August 30, 2018 issued by the Deputy Registrar of Companies, Central Registration Centre. Company was converted from a Private Limited Company to Public Limited Company and the name was changed to Monolithisch India Limited, and a fresh Certificate of Incorporation dated November 21, 2024 was issued by the Registrar of Companies, Central Processing Centre.Company is engaged in the business of manufacturing and supply of specialized ramming mass used as a heat insulation/ lining material, by our customers as a refractory consumable for Induction furnaces installed in iron/steel and foundry plants. It is also engaged in trading of products on occasional basis to meet the excess and urgent requirement by customers. The major customers of the Company are iron and steel producers located in Eastern parts of India, majorly in the states of West Bengal, Jharkhand & Odisha. The product i.e. specialized ramming mass is used in the induction furnace to create thermal insulation between the coil of the induction furnace and the molten steel. The melting point of the ramming mass act as an insulation barrier material between the induction furnace crucible and the molten steel. The manufacturing facility of the Company is located in Purulia, West Bengal. The Company started the business operation at Purulia, West Bengal in FY 2018-19. In 2023-24, it has increased the annual production capacity to 132000 MTPA. Further, the Company has entered into agreements to purchase land which will be used for further expansion of manufacturing capabilities. It focus in automated process and minimum involvement of human resource in manufacturing process.Company has launched an Initial Public Offer through a fresh issue of 57,36,000 Equity Shares of face value of Rs 10 each by raising funds aggregating to Rs 82.02 Cr. in June, 2025.