Mumbai, June 19 -- The scrip was listed at Rs 231.55, a premium of 61.92% compared with the initial public offer (IPO) price. The stock was currently frozen at its upper limit of 5% over its listing price.

The counter hit a high of Rs 243.10 and a low of Rs 230. About 28.94 lakh shares of the company changed hands at the counter.

Monolithisch India's IPO was subscribed 170.12 times. The issue opened for bidding on 12 June 2025 and it closed on 16 June 2025. The price band of the IPO was fixed between Rs 135 to Rs 143 per share.

The IPO comprised fresh issue of 57,36,000 equity shares. The promoter and promoter group shareholding diluted to 73.61% from 100% pre-issue.

The company intends to utilize the net proceeds for funding capital ...