Monolithisch India promoter Prabhat Tekriwal has seen his pre-IPO stake surge by 3,390% to Rs 100 crore. The SME company, a remixed high-quality ramming mass manufacturer, listed on NSE Emerge with a significant premium. Experts advise caution due to high valuations and a broader corrective phase, suggesting a wait-and-watch approach.
Monolithisch's promoter Prabhat Tekriwal mints 3,390% returns as SME stock delivers 243% over IPO price
ET Markets·ET Markets··1 min read
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