Tools & Calculators
Minimum Investment
22 Jul 25
24 Jul 25
₹1,42,200
600
₹237 to ₹250
BSE
₹93.75 Cr
29 Jul 25
22 Jul 25
24 Jul 25
25 Jul 25
28 Jul 25
28 Jul 25
29 Jul 25
Monarch Surveyors & Engineering Consultants Limited, incorporated in 1992, is a civil engineering consultancy firm offering end-to-end infrastructure solutions. Their services include topographic surveys, project management, geotechnical investigations, GIS mapping, and feasibility studies. The company has delivered successful projects across railways, roads, ports, metros, and oil & gas sectors. With expertise in surveying, land acquisition, technical supervision, and design engineering, Monarch ensures accurate execution of complex infrastructure projects. Their offerings also cover traffic studies, GIS-based land planning, and comprehensive bid process management across India.
Monarch Surveyors IPO is a book-built issue amounting to ₹93.75 crores, comprising a complete fresh issue of 37.50 lakh equity shares. The IPO opens for subscription on July 22, 2025, and closes on July 24, 2025. Allotment is expected to be finalised on July 25, 2025, with a tentative listing scheduled on the BSE SME platform on July 29, 2025. The price band is fixed at ₹237 to ₹250 per share. Each application requires a lot size of 600 shares, with the minimum investment for retail investors set at ₹2,84,400 for 1,200 shares. HNI investors must apply for a minimum of 3 lots (1,800 shares), amounting to ₹4,50,000. Beeline Capital Advisors Pvt Ltd is the lead manager, Bigshare Services Pvt Ltd serves as the registrar, and Spread X Securities Private Limited is the market maker for the issue.
| Particulars | Details |
| IPO Date | 22 July 2025 to 24 July 2025 |
| Listing Date | 29 July 2025 |
| Face Value | ₹10 per share |
| Issue Price Band | ₹237 to ₹250 per share |
| Lot Size | 600 Shares |
| Total Issue Size | 37,50,000 shares (aggregating up to ₹93.75 Cr) |
| Fresh Issue | 37,50,000 shares (aggregating up to ₹93.75 Cr) |
| Offer for Sale | NA |
| Issue Type | Bookbuilding IPO |
| Listing At | BSE SME |
| Share Holding Pre Issue | 1,04,06,000 shares |
| Share Holding Post Issue | 1,41,56,000 shares |
| Market Maker Portion | 2,07,000 shares |
| Investor Category | Shares Offered |
| Market Maker | 2,07,000 (5.52%) |
| QIB | 17,69,400 (47.18%) |
| NII (HNI) | 5,32,800 (14.21%) |
| Retail | 12,40,800 (33.09%) |
| Anchor | 10,61,400 (28.30%) |
| Application | Lots | Shares | Amount |
| Retail (Min & Max) | 2 | 1,200 | ₹3,00,000 |
| S-HNI (Min) | 3 | 1,800 | ₹4,50,000 |
| S-HNI (Max) | 6 | 3,600 | ₹9,00,000 |
| B-HNI (Min) | 7 | 4,200 | ₹10,50,000 |
| Shareholding Status | Percentage |
| Pre-Issue | 98.42% |
| Post-Issue | 72.35% |
| KPI | Value |
| EPS (Pre/Post) | ₹33.47 / ₹24.61 |
| P/E Ratio | 7.47 (Pre), 10.16 (Post) |
| RoNW | 32.01% |
| ROCE | 39.59% |
| PAT Margin | 22.60% |
| EBITDA Margin | 33.15% |
| Debt to Equity Ratio | 0.13 |
| NAV | ₹104.56 |
| Particulars | 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 |
| Reserves & Surplus | 98.40 | 73.88 | 43.88 |
| Total Borrowings | 14.29 | 12.96 | 8.37 |

Explore our comprehensive IPO pages to stay updated on the latest trends and insights.
Peer Group Comparison
| Company Name | EPS (Basic) | EPS (Diluted) | NAV (₹) | P/E (x) | RoNW (%) | P/BV Ratio |
| Monarch Surveyors | 33.47 | 33.47 | 104.56 | 10.16 | 32.01 | 2.39 |
| Peer Groups | ||||||
| Manglam Infra | 4.14 | 4.14 | 54.57 | 15.90 | 6.67 | 1.20 |
| Rudrabhishek Enterprises | 7.69 | 7.69 | 83.06 | 23.53 | 8.99 | 2.18 |
Follow these simple steps to apply for an IPO through HDFC SKY. Secure your investments and explore new opportunities with ease by accessing the IPOs available on the platform.
1Login to your HDFC SKY Account
2Select Issue
3Enter Number of Lots and your Price.
4Enter UPI ID
5Complete Transaction on Your UPI App
Investors must apply for a minimum of 1,200 shares, costing ₹3,00,000.
Allotment is expected to be finalised on 25 July 2025.
You can apply through UPI-based ASBA using brokers like HDFCSky.
The listing is scheduled for 29 July 2025 on BSE SME platform.
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