Monolithisch India IPO allotment finalised: How to check status online on KFin Technologies, NSE

Monolithisch India IPO allotment: The basis of allotment of Monolithisch India was finalised on Tuesday, June 17. The details are available on websites of the National Stock Exchange (NSE) and registrar KFin Technologies Ltd.

The initial public offering was subscribed to 182.89 times during the three-day bidding window. Retail investors applied for 94.71 times the shares reserved for them. The non-institutional investors' quota was subscribed to 459.99 times, while the part for qualified institutional buyers (QIBs) was subscribed to 129.20 times, according to Chittorgarh.

The ₹82.02 crore bookbuild issue was solely a fresh issuance of 54.48 lakh shares with no offer for sale (OFS) component. The price band was ₹135 to ₹145 per share, and a lot consisted of 1,000 shares.

The net proceeds will be used to fund capital expenditure towards establishing a manufacturing unit, meet working capital requirements, invest in subsidiary Metalurgica India Pvt Ltd, and cover corporate general purposes.

How to check Monolithisch India IPO allotment status on the NSE website

• To check IPO allotment, visit https://www.nseindia.com/invest/check-trades-bids-verify-ipo-bids
• Select 'Equity & SME IPO bid details'
• Choose 'Monolithisch India' under the symbol 'Monolith'
• Enter your PAN details and application number
• Click on the 'Submit' button

Steps to check Monolithisch India IPO allotment status on Kfin Technologies

• Head to registrar KFin Tech's website: https://ris.kfintech.com/ipostatus/
• Click on any link from the five available
• In the 'Select IPO' list, pick 'Monolithisch India Ltd'
• Fill in either your IPO application number, PAN, and Demat account number
• Complete the captcha verification and submit details

Monolithisch India IPO listing date and time

The listing of Monolithisch India shares on the SME platform of the NSE, Emerge, will take place on June 19.

Monolithisch India is engaged in the manufacturing and supplying of specialised 'ramming mass', a heat insulation refractory utilised in the iron and steel industry induction furnaces. Its products include SLM-999, SGB-777, Quartzite Grain SLM-980, SLM-980 and BG-77.