Monarch Surveyors IPO
Open SmeCurrent GMP
₹210 (+84.00%)
Price Band
₹ 237 – 250
Lot Size
600
Issue Size
₹93.75 Cr
Minimum Investment
₹300000 (1200 Shares)
Listing Date
29 July 2025
Subscription
250.73x
About the Company
Incorporated in 1992, Monarch Surveyors & Engineering Consultants Limited is a leading civil engineering consultancy firm offering end-to-end solutions for infrastructure projects across India and abroad.
The company provides a wide array of services, including topographic and geospatial surveys, project management consultancy, design and engineering, geotechnical investigations, GIS-based planning, land acquisition, and feasibility studies. Monarch Surveyors has delivered successful projects across diverse sectors such as railways, roads, ports, and oil & gas.
Monarch specializes in the complete lifecycle of infrastructure development—from initial surveys and conceptual design to project execution and technical supervision. Its consultancy services span major infrastructure domains including roads, highways, railways, metros, water supply, transmission lines, pipelines, and town planning.
Core Services
- Surveying and Mapping
- Geotechnical, Traffic, and Other Engineering Investigations
- Conceptual Design and Engineering
- GIS-Based Land Planning and Land Acquisition
- Detailed Project Reporting and Bid Process Management
- Project Management and Construction Supervision
Key Highlights (as of March 31, 2024)
- Employees: 417
- Ongoing Projects: 46, each with work order value exceeding INR 50 lakh
- FY 2024 Revenue:
- INR 137.75 crore from Indian operations
- INR 0.72 crore from international markets
Competitive Strengths
- Experienced Promoter and Management Team
- Diverse Service Portfolio
- Broad and Established Client Base
- Efficient Resource Utilization
Monarch Surveyors is recognized for its commitment to accuracy, innovation, and efficiency in project execution. With a robust track record in delivering critical infrastructure projects, the company continues to be a trusted partner for both government and private sector clients.
Promoters
- Mr. Dattatraya Mohaniraj Karpe
- Mr. Sanjay Bhalchandra Vidwans
- Mr. Sunil Shrikrishna Bhalerao
- Mr. Bhartesh Rajkumar Shah
Promoters Holding
Holding Pre Issue
98.42%
Holding Post Issue
72.35%
Objects of the Issue
The Company Monarch Surveyors IPO proposes to utilise the Net Proceeds from the Issue towards the following objects:
- Funding capital expenditure requirement for purchase of machinery
- Funding Working Capital Requirement of the Company
- General Corporate Purposes
Address / Contact Info
Monarch Surveyors & Engineering Consultants Ltd.
Monarch House, CTS No. 434/1,
Near Kawade Petrol Pump, Ghorpadi Gaon,
Hadapsar (N.V.), Haveli,
Pune, Maharashtra, 411036
Phone: +91 9766509911
Email: cs@monarchpune.in
Website: http://www.monarchconsultants.in/
IPO Snapshot
IPO Timeline (Tentative)
IPO Open Date
Tuesday, 22 July 2025
IPO Close Date
Thursday, 24 July 2025
Basis of Allotment
Friday, 25 July 2025
Initiation of Refunds
Monday, 28 July 2025
Credit of Shares to Demat
Monday, 28 July 2025
Listing Date
Tuesday, 29 July 2025 — NSE & BSE
Important Dates
Open Date
22 July 2025
Close Date
24 July 2025
Basis Of Allotment
25 July 2025
Listing Date
29 July 2025
Financial Performance (₹ in Crores)
| Particular | 31 Mar 2025 | 31 Mar 2024 | 31 Mar 2023 |
|---|---|---|---|
| Assets | 148.06 | 102.12 | 64.51 |
| Revenue | 155.66 | 141.27 | 72.72 |
| Profit After Tax | 34.83 | 30.01 | 8.59 |
| Net Worth | 108.8 | 73.97 | 43.96 |
| Reserve & Surplus | 98.4 | 73.88 | 43.88 |
| Total Borrowings | 14.29 | 12.96 | 8.37 |
EPS Pre
33.47%
EPS Post
24.61%
P/E Pre
7.47
P/E (Post Issue)
10.16x
Company Financial Information
KPI Information (₹ in Crores)
| Particular | KPI as of Mon, Mar 31, 2025. |
|---|---|
| ROE % | 32.01 |
| ROCE % | 39.59 |
| Debt / Equity | 0.13 |
| RoNW % | 32.01 |
| PbW | 0 |
| Pat Margin % | 22.6 |
Return Ratio
IPO Reservations
| Category | Shares Offered | Shares Offered % | Max Allotee |
|---|---|---|---|
| Qualified Institutions | 708000 | 28.53 | 0 |
| Non-Institutional | 532800 | 21.47 | 0 |
| BNII | 355200 | 14.31 | 0 |
| SNII | 177600 | 7.16 | 0 |
| Retail Investors | 1240800 | 50 | 0 |
| Total | 2481600 | 100 | 0 |
Subscription Status ( Thu, 24 Jul 25 01:34 PM)
| Category | Shares Offered | Shares Bid For | Subscription (x) |
|---|---|---|---|
| Qualified Institutions | 708000 | 126738600 | 179.01x |
| Non-Institutional | 532800 | 169129800 | 317.44x |
| Retail Investors | 1240800 | 326344800 | 263.01x |
| Total | 2481600 | 622213200 | 250.73x |
Subscription figures are updated periodically and may change until issue closing. Data reflects bids placed across exchanges.
Peer Comparision
No Peer Comparision Available
Lot Size & Investment Details
| Application | Lots | Shares | Amount (₹) |
|---|---|---|---|
| Retail (Min) | 2 | 1,200 | 300,000.00 |
| Retail (Max) | 2 | 1,200 | 300,000.00 |
| S-HNI (Min) | 3 | 1,800 | 450,000.00 |
| S-HNI (Max) | 6 | 3,600 | 900,000.00 |
| B-HNI (Min) | 7 | 4,200 | 1,050,000.00 |
Registrar
Bigshare Services Pvt Ltd
91-22-6263 8200
investor@bigshareonline.com
https://www.bigshareonline.com
Book Running Lead Managers
- Beeline Capital Advisors Pvt Ltd
RHP Document
DRHP Document
Disclaimer: This data is for informational purposes only and does not constitute investment advice. Figures shown are illustrative sample data.
Frequently Asked Questions
Everything you need to know before applying to an IPO.
Monarch Surveyors IPO is a Book-building IPO worth ₹93.75 crores. The price band is ₹237 to 250 per share. The IPO opens on Tue, Jul 22, 2025 and closes on Thu, Jul 24, 2025. It will be listed on BSE and NSE. Bigshare Services Pvt Ltd is the registrar.
The Monarch Surveyors IPO opens on Tue, Jul 22, 2025 and closes on Thu, Jul 24, 2025
Monarch Surveyors IPO Price Band is ₹237 to 250.
Monarch Surveyors IPO lot size is 600, and the minimum amount required for application is ₹300000.
The minimum investment for Monarch Surveyors IPO is approximately ₹300000 based on the upper price band.
To apply for the Monarch Surveyors IPO, investors can use the ASBA (Application Supported by Blocked Amount) process via their bank's net banking or apply through UPI using a registered broker or trading app. The IPO is available in retail, HNI, and institutional investor categories. Investors must select the lot size, enter bid details within the price band, and submit their application before the IPO closing date of Thu, Jul 24, 2025. After submission, funds are blocked until the basis of allotment of Monarch Surveyors IPO is finalised.
Monarch Surveyors IPO issue size is ₹93.75 crores.
Monarch Surveyors IPO allotment date is Sat, Jun 27, 2026.
The registrar for Monarch Surveyors IPO is Bigshare Services Pvt Ltd. Investors can go to Bigshare Services Pvt Ltd website for IPO allotment status, refund processing, and other queries related to Monarch Surveyors IPO through their official website or helpline.
The Monarch Surveyors IPO GMP (Grey Market Premium) is ₹210 as of Tue, Jul 29, 2025. Based on the upper price band of ₹250 per share, the estimated Monarch Surveyors IPO listing price is ₹460, indicating a potential listing gain of approximately 31% over the issue price.