A few days ago, IPO of this company was seen and IPO got very good response from the market but the listing of the company has been so strong that on the very first day, the stock got an upper circuit and at the same time, the investor also got strong returns on the very first day and this is very rarely seen.
Every day in Indian stock market, some company or the other gets market marriage and when a company launches its IPO, it raises money from the market through IPO and invests that money in its business. Investors invest in the company.
What is the name of this company
Monolithic India’s IPO was seen this month and its listing is so strong that the investor has got a profit of 70% in one day because the listing price of the company was ₹ 100 and today the company was trading at Rs 270 in the market. In a very short time, the investor has made a good profit from this stock and this includes retail investors and promoters of the company etc.
This company has a business of manufacturing supply of insulation refractory specialized ‘ramming mass’ and the company is getting good profit from the business. The company will invest the amount of crores of rupees earned from the IPO in its business and will grow the business.
In the IPO of this company, there were 1000 stocks in one plot and the investor had to invest 1 lakh 43000 in it. The investor has got tremendous benefit because the IPO was subscribed at Rs 183.
How are the promoters of the company
The promoters of Monolithic India Company are good and they also have a good amount of holding, after the promoters, retail investors have invested heavily in it because after the promoters of the company, the maximum subscription in the IPO was from the retail investors.
This company was established in 2018 and the main work of the company is in steel iron and the special thing is that this company has come in so many IPLs, the company is constantly expanding its business so that maximum business growth can be done and revenue and profit can be increased.
How are the fundamental figures
Along with the shareholding figures of this company, the fundamental figures are also looking strong because the market cap of the company is also good and along with this their finances are also good, this company is getting good revenue and profit.
The company had informed that the company will soon do something new in its business and will invest all the money from the IPO in its business so that new plans can be implemented in the future and the business management of the company can be strengthened. The business management of the company is strong even today because the company is doing business in such a way that the company gets good profit and at the same time the growth of the company is also good.
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Kartikeya Bhardwaj is a skilled finance writer with over 3 years of experience covering the Indian stock market, cryptocurrency trends, and personal finance strategies. With a strong grasp of market dynamics and digital finance tools, Kartikeya simplifies complex financial topics into easy-to-understand content for everyday readers.
A graduate with a Bachelor of Computer Applications (BCA), Kartikeya combines technical expertise with a deep passion for financial literacy. His work focuses on helping young investors, traders, and savers make smarter money decisions in today’s fast-moving economy.
Kartikeya is a regular contributor to Paisaverse.in, where he shares timely updates, analytical insights, and practical money tips to empower the Indian financial community.
