Monarch Surveyors IPO
GMP, Subscription, Price, Dates & Financial Details
Engineering Consultancy
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…
Open Date
Tue, 22 Jul 2025
Close Date
Thu, 24 Jul 2025
Price Band
₹ 237 – 250
Lot Size
600
Issue Size
₹ 93.75 Cr
Minimum Investment
₹ 300,000 (1200 Shares)
Grey Market Premium Analysis
Day Wise GMP→Unofficial premium quoted in the grey market, tracked daily against the price band cap.
Grey market trading is unregulated. GMP figures are indicative only and should not be the sole basis for investment decisions - treat as a sentiment indicator, not a guarantee.
IPO Details
Monarch Surveyors IPO has successfully completed its IPO process and is now listed on BSE SME Platform. According to the Red Herring Prospectus (RHP), the IPO was a book-built issue with a total issue size of ₹93.75 Crore, comprising a fresh issue of 37.50 Lakh equity shares aggregating to ₹93.75 Crore.
The Monarch Surveyors IPO remained open for subscription from July 22, 2025, to July 24, 2025. The basis of allotment was finalized on July 25, 2025, and the company's shares were listed on BSE SME Platform on July 29, 2025.
The company had fixed the price band at ₹237 to ₹250 per share, with a lot size of 600 shares. Retail investors were required to make a minimum investment of ₹300,000 (based on the upper price band) to apply for one lot.
Bigshare Services Pvt Ltd served as the registrar to the issue. Beeline Capital Advisors Pvt Ltd acted as the Book Running Lead Managers (BRLMs) to the issue.
With the successful completion of the IPO process, Monarch Surveyors & Engineering Consultants Ltd is now a publicly listed company on BSE SME Platform. Investors can track the company's share price, trading performance, financial results, and corporate announcements through the stock exchanges.
Monarch Surveyors IPO Timeline (Tentative)
- IPO Open Date
- Tue, 22 Jul 25
- IPO Close Date
- Thu, 24 Jul 25
- Basis of Allotment
- Fri, 25 Jul 25
- Initiation of Refunds
- Mon, 28 Jul 25
- Credit of Shares to Demat
- Mon, 28 Jul 25
- Listing Date
- Tue, 29 Jul 25 — NSE & BSE
Open Date
22 July 2025
Close Date
24 July 2025
Basis Of Allotment
25 July 2025
Listing Date
29 July 2025
IPO Subscription
Check Live Subscription →The Monarch Surveyors IPO has received bids for 62,22,13,200 shares against 24,81,600 shares offered, resulting in an overall subscription of 250.73x. the NII category is subscribed 317.44x, Retail Investors 263.01x, and QIBs 179.01x.
QIB
179.01x
NII
317.44x
RII
263.01x
Total
250.73x
IPO Reservations
The Retail Individual Investor (RII) category has the highest allocation with 12,40,800 shares, representing 50% of the total issue. Qualified Institutional Buyers (QIBs) are allocated 7,08,000 shares (28.53%), while Non-Institutional Investors (NIIs) receive 5,32,800 shares (21.47%).
| Category | Shares Offered | Shares Offered % |
|---|---|---|
| Qualified Institutions | 708,000 | 28.53% |
| Non-Institutional | 532,800 | 21.47% |
| BNII | 355,200 | 14.31% |
| SNII | 177,600 | 7.16% |
| Retail Investors | 1,240,800 | 50% |
| Total | 2,481,600 | 100% |
Financials Details(₹ 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 |
Financials Performance
Performance Indicators
EPS Pre
Earnings per share before the IPO.
P/E Pre
IPO Offer Price ÷ EPS Pre.
EPS Post
Expected earnings per share after the IPO..
P/E (Post Issue)
IPO Offer Price ÷ EPS Post.
Monarch Surveyors & Engineering Consultants Ltd KPI Information
| Particular | KPI as of Mon, Mar 31, 2025. |
|---|---|
| ROE % | 32.01 |
| ROCE % | 39.59 |
| Debt / Equity | 0.13 |
| RoNW % | 32.01 |
| Pat Margin % | 22.6 |
Peers Comparison
No Peer Comparision Available
About Monarch Surveyors & Engineering Consultants Ltd
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.
Monarch Surveyors IPO 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%
Monarch Surveyors IPO Objective
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
Monarch Surveyors & Engineering Consultants Ltd Address / Contact Details
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
Monarch Surveyors IPO Lot Size
The Monarch Surveyors IPO has a lot size of 600 shares. Retail investors require a minimum investment of ₹3,00,000 by applying for 2 lot (1,200 shares). The maximum application allowed for the retail category is 2 lots (1,200 shares), requiring an investment of ₹3,00,000.
| 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 |
Issue Reservation
- QIB — 28.53%
- NII — 21.47%
- RII — 50%
Book Running Lead Managers
- Beeline Capital Advisors Pvt Ltd
IPO Documents & Links
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Disclaimer: This data is for informational purposes only and does not constitute investment advice.
Frequently Asked Questions
Everything you need to know before applying to an IPO.
What is the Monarch Surveyors IPO?
Monarch Surveyors IPO is a Book-building IPO with a total issue size of ₹93.75 crore. The Monarch Surveyors IPO price band is ₹237 to 250 per share. The Monarch Surveyors IPO subscription opens on Tue, Jul 22, 2025, and closes on Thu, Jul 24, 2025. The Monarch Surveyors IPO will be listed on the BSE. Bigshare Services Pvt Ltd is the registrar for the Monarch Surveyors IPO.
When will the Monarch Surveyors IPO open for subscription?
The Monarch Surveyors IPO opens on Tue, Jul 22, 2025 and closes on Thu, Jul 24, 2025
What is Monarch Surveyors IPO Price Band?
Monarch Surveyors IPO Price Band is ₹237 to 250 per share.
What is Monarch Surveyors IPO Lot Size?
Monarch Surveyors IPO lot size is 600 shares, Retail investors need a minimum investment of ₹300000 based on the upper price band
What is the minimum investment for Monarch Surveyors IPO?
The minimum investment for Monarch Surveyors IPO is ₹300000, based on one lot of 600 shares at the upper price band of ₹250 per share.
How to apply for Monarch Surveyors IPO?
Investors can apply for the Monarch Surveyors IPO through the ASBA (Application Supported by Blocked Amount) facility offered by their bank or through UPI using a SEBI-registered broker or trading app. Select the desired lot size, enter your bid within the price band, and submit the application before Thu, Jul 24, 2025. The application amount remains blocked until the Monarch Surveyors IPO allotment is finalized.
What is Monarch Surveyors IPO Issue Size?
Monarch Surveyors IPO issue size is ₹93.75 crores.
What is the Monarch Surveyors IPO Allotment Date?
Monarch Surveyors IPO allotment date is Fri, Jul 25, 2025.
Who is the Monarch Surveyors IPO Registrar?
The registrar for Monarch Surveyors IPO is Bigshare Services Pvt Ltd. Investors can go to Bigshare Services Pvt Ltd website to check Monarch Surveyors IPO allotment status, refund processing, and other IPO-related information.
What is the Monarch Surveyors IPO GMP?
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 84.00% over the issue price.
Who is the Monarch Surveyors IPO Lead Manager?
The book-running lead managers (BRLMs) for the Monarch Surveyors IPO are Beeline Capital Advisors Pvt Ltd. The lead managers are responsible for managing the IPO process, including issue structuring, regulatory compliance, marketing the public issue, coordinating with investors, and ensuring a smooth listing process. For complete details, investors should refer to the Monarch Surveyors IPO Red Herring Prospectus (RHP).