Q1. What is the business of Monomark Engineering (India) Limited ?

It provides industrial O&M services, metal fabrication, and project execution across cement, steel, ports, and engineering sectors in India.

Q2. Why is the company raising funds via IPO?

Company is raising funds mainly for working capital needs and general corporate purposes to support expansion and improve operational execution capacity.

Q3. What is the size of the issue and where will it list?

The IPO comprises fully of Fresh issue of ~2.7 Cr Equity Share. It will be listed on NSE and BSE platform.

Q4. What are the key risks to an investor?

Risks include high customer concentration, dependence on industrial cycles, and project execution delays can impact revenue stability and profitability in downturn periods.

Q5. What are the potential upsides?

The company benefits from strong order book, diversified industrial presence, growing revenue base, and integrated engineering services support long-term scalable growth potential.

Q6. How to apply for the IPO?

Investors can apply for the IPO through ASBA via net banking or using UPI through registered stock brokers once the IPO opens for subscription.

Monomark Engineering Ltd

Upcoming

Monomark Engineering Ltd

Market Cap

₹ 520 – 730 Cr

IPO Issue Size

27,000,000 Equity Shares

Expected Price by IPOCorner

₹ 54 – 75

IPO Score

*Score varies on actual price

Monomark Engineering (India) Limited is an industrial engineering company engaged in providing Industrial Operations & Maintenance (O&M) services, metal fabrication solutions, and industrial project execution services for sectors such as metals, cement, ports, and engineering/OEM industries. The company executes projects through EPC and FEIC models and serves a diversified industrial client base across India.

Monomark Engineering (India) Limited was incorporated on 2005 & currently Mr. Narendra Chordia serves as the Managing Director of the company.

Monomark Engineering (India) Limited filed its DRHP with SEBI on March 30, 2026. The IPO features completely Fresh issue of ~2.7 Cr Equity Shares.

It provides Industrial Operations & Maintenance (O&M) services, metal fabrication solutions, and industrial project execution services for sectors such as metals, cement, ports, engineering, and OEM industries.

Subscription date to apply for Monomark Engineering (India) Limited is yet to be announced. Price band for the IPO is yet to be declared.

27,000,000 Equity Shares

Fresh Issue

27,000,000 Equity Shares

Year	2025
Networth	₹ 16.64 Cr
Revenue	₹ 475.03 Cr
EBITDA	₹ 39.26 Cr
PAT	₹ 18.21 Cr
EBITDA Margin	8.27%
PAT Margin	3.83%
Face Value	Rs.10 per Equity Share

IPO Important Dates

#	Date
Open Date	TBA
Close Date	TBA
Anchor Investor Bidding	TBA
Allotment Date	TBA
Refunds& Demat Credit	TBA
Tentative Listing Date	TBA

Use Of Proceeds

Purpose	Amount
Working Capital requirements	₹ 111 Cr
-	-
-	-
-	-
-	-
General Corporate Purpose	Balance

Financial Data

#	2023	2024	2025
Revenue (₹ Cr)	₹ 315.3	₹ 389.9	₹ 475.0
PAT (₹ Cr)	₹ 5.3	₹ 14.8	₹ 18.2
Asset (₹ Cr)	₹ 218.8	₹ 240.8	₹ 293.5
Net Worth (₹ Cr)	₹ 3.7	₹ 9.7	₹ 16.6

IPO Grey Market Premium

Date	IPO Price	IPO GMP	Profit Per Lot
17-July	₹ –	₹ –	₹ –
16-July	₹ –	₹ –	₹ –
15-July	₹ –	₹ –	₹ –
14-July	₹ –
13-July	₹ –

Pros

Strong presence in industrial O&M, fabrication, and project execution across multiple sectors, reducing dependence on a single industry.
Diversified client base spanning metals, cement, ports, and engineering industries.
Long operating history since 2005 with established execution capabilities.
Asset-light service-oriented business model can support scalable growth with lower capital intensity.
IPO proceeds are intended to strengthen working capital, which may support future business expansion.

Cons

Revenue is closely linked to industrial capex and infrastructure spending cycles.
Project-based business can face delays, cost overruns, and execution risks.
Customer concentration risk may arise if a few large clients contribute a significant portion of revenue.
Intense competition from regional and national engineering service providers may pressure margins.
IPO valuation, price band, and subscription demand are not yet available, making investment assessment incomplete at this stage.

Promoters – Pre offer equity (Approx)

Promoters	% Shares
Narendra Chordia	45.62%
Meena Chordia	30.42%
Nitesh Chordia	8.64%
Gaurav Chordia	6.69%
-	-
-	-

Lot Size details

Application Type	Lot Size	No. of Lot	No. of Shares	Investment Amount
Retail (Min)	-	1	–	₹ –
Retail (Max)	–	13	–	₹ –
HNI (Min)	–	14	–	₹ –
HNI (Max)	–	66	–	₹ –
Big HNI (Min)	–	67	–	₹ –

Key Performance Index (KPI)

ROE	27.31%
ROCE	21.95%
RoNW	24.86%

Lead / Book Running Lead Managers

Holani Consultants Private Limited

Registrar (RTA)

Bigshare Services Private Limited

Q1. What is the business of Monomark Engineering (India) Limited ?
It provides industrial O&M services, metal fabrication, and project execution across cement, steel, ports, and engineering sectors in India.
Q2. Why is the company raising funds via IPO?
Company is raising funds mainly for working capital needs and general corporate purposes to support expansion and improve operational execution capacity.
Q3. What is the size of the issue and where will it list?
The IPO comprises fully of Fresh issue of ~2.7 Cr Equity Share. It will be listed on NSE and BSE platform.
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Q4. What are the key risks to an investor?
Risks include high customer concentration, dependence on industrial cycles, and project execution delays can impact revenue stability and profitability in downturn periods.
Q5. What are the potential upsides?
The company benefits from strong order book, diversified industrial presence, growing revenue base, and integrated engineering services support long-term scalable growth potential.
Q6. How to apply for the IPO?
Investors can apply for the IPO through ASBA via net banking or using UPI through registered stock brokers once the IPO opens for subscription.