Monolithisch India Ltd - IPO

Monolithisch India Ltd IPO Details

Initial public offer of upto 57,36,000 equity shares of face value of Rs. 10/- each (the Equity Shares) of Monolithisch India Limited (the Company or the Issuer) at an issue price of Rs. 143 per equity share (including share premium of Rs.133 per equity share) for cash, aggregating up to Rs. 82.02 crores (Public Issue) out of which 2,88,000 equity shares of face value of Rs. 10/- each, at an issue price of Rs. 143 per equity share for cash, aggregating Rs. 4.12 crores will be reserved for subscription by the market maker to the issue (the Market Maker Reservation Portion). The public issue less market maker reservation portion i.e. net issue of 54,48,000 equity shares of face value of Rs. 10/- each, at an issue price of Rs. 143 per equity share for cash, aggregating upto Rs. 77.90 crores is herein after referred to as the Net Issue. The public issue and net issue will constitute 26.39% and 25.06% respectively of the post-issue paid-up equity share capital of the company.

Objective of issue

Funding capital expenditure towards setting up of a mfg facility of the company by purchase of land building of factory shed civil work and installation of additional plant and machinery therein. Investment in its subsidiary metalurgica india pvt ltd for financing its capital expenditure towards purchase of land building of factory shed civil work and installation of additional plant and machinery therin. To meet working capital requirements. General corporate purposes.

Monolithisch India Ltd Contact Details

Monolithisch India Ltd, Karvy Selenium Tow-B, 31&32 Financial Dist, Nanakramguda, Hyderabad-500032

Phone - 91-40-67162222

Fax - 91-40-23001153/23420814

Email - info@monolithischindia.in

Website - www.monolithisch.com