Monolithisch India promoter Prabhat Tekriwal's pre-IPO stake surges 3,390% to Rs 100 crore
Monolithisch India promoter Prabhat Tekriwal's pre-IPO stake of 12.99% has surged 3,390% to Rs 100 crore from an initial investment of Rs 2.86 crore. The SME company, a remixed high-quality ramming mass manufacturer, listed on NSE Emerge in June 2025 at Rs 231.55 and is now trading around Rs 490, implying 243% gains over the IPO price band. The stock hit an all-time high of Rs 607.40 in November 2025 and has corrected 21% from that peak. Experts advise cautious optimism, noting the stock is in a broader corrective phase with high valuations.