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News Details

( As on 06/06/2025 12:30)

Monolithisch India announces launch of initial public offering

Monolithisch India Ltd. has announced public offering of 5736000 shares at a price of Rs 10.00 each for Cash at a Premium of Rs 133.00 per share. The gross proceeds of the issue are expected to be Rs 8,202.48 lakhs.

The company's initial public offer (IPO) will open on 12 June 2025 and is expected to close on 16 June 2025, subject to customary closing conditions. The price band of the issue has been fixed at Rs 135.00-143.00 per share.

The IPO includes a fresh Issue of 5736000 Equity Shares of the Company at an price of Rs 143.00 per Equity Share. The company has fixed the minimum bid lot for the issue at 1000 shares with bids in multiples of 1000.

Monolithisch India Ltd. anticipates using the proceeds of the issue for .

HEM SECURITIES LTD. as lead manager & KFin Technologies Ltd. is the registrar, to the issue.