Monolithisch India Ltd Summary
Monolithisch India Limited was originally incorporated as Monolithisch India Private Limited dated August 29, 2018 as private company dated August 30, 2018 issued by the Deputy Registrar of Companies, Central Registration Centre. The Company was converted into Public Limited Company and the name was changed to Monolithisch India Limited, dated November 21, 2024 issued at the Central Processing Centre.The 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. 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.The Company launched the Initial Public Offer through a fresh issue of 57,36,000 Equity Shares of face value of Rs 10 each and raised funds aggregating to Rs 82.02 Cr. in June, 2025.The Company acquired 100% share capital of Mineral India Global Pvt Ltd (MIGPL), making it a wholly owned subsidiary in 2025. +The installed capacity scaled from 132,000 MTPA to 156,000 MTPA in July 2025, ramped up the production capacity to 206,000 MTPA from October 2025, to 263,600 in November 2025 and to 307,600 MTPA from January 2026.