What is IPO Grey Market Premium (GMP)?

IPO Grey Market Premium (GMP) is an unofficial, over-the-counter premium over the issue price that dealers and investors pay prior to official listing on NSE/BSE.

How is estimated IPO listing price determined?

Estimated Listing Price = Cut-off / Issue Price + Current Grey Market Premium (GMP). For example, an issue price of ₹100 with ₹40 GMP yields an estimated listing price of ₹140 (+40%).

What is Kostak rate in an IPO?

Kostak rate is the fixed profit earned by selling an IPO application before allotment, irrespective of whether the application is allotted shares or not.

What is Subject to Sauda in IPO trading?

Subject to Sauda is an informal contract where payment is made only if the seller receives share allotment in the IPO.

Is IPO Grey Market Premium (GMP) regulated by SEBI?

No. Grey Market transactions are non-exchange over-the-counter commitments and are not officially regulated or endorsed by SEBI. Investors should treat GMP as an informal sentiment indicator.

When will unallotted IPO application funds be unblocked?

Refund initiation and UPI mandate revocation for unallotted applications starts on or around 26 Jul 2025.

Monarch Surveyors and Engineering Consultants Limited

ListedSME

Professional Services · BSE

Monarch Surveyors & Engineering Consultants Limited, established in 1992, is a civil engineering consultancy firm that offers a wide range of services. These include topographic surveys, project management, design and engineering, geotechnical investigations, land acquisition support, GIS mapping, and feasibility studies. The company has worked on several major projects in sectors such as railways, roads, ports, and oil and gas. It provides expert consultancy for infrastructure projects, covering areas like surveying, technical supervision, land planning, and geospatial mapping to ensure smooth and precise project execution. As of March 31, 2024, the company employs a total of 417 people.

Price Band

₹237 – ₹250

Issue Size

₹93.75 Cr

Lot Size

600 shares

GMP

₹210

+84.0%

Est. Listing

₹460

at current GMP

Subscribed

250.65x

overall

Open

22 Jul 2025

24 Jul 2025

Allotment

25 Jul 2025

Refund

26 Jul 2025

Demat Credit

27 Jul 2025

Listing

29 Jul 2025

Last updated 12 days ago

Overview Live GMP Live Subscription Allotment Status

Official Registrar Verification

Monarch Surveyors and Engineering Consultants Limited Allotment Status

Designated Registrar: Bigshare Services Private Limited

Check Allotment Status Registrar Portal BSE Portal

Allotment Date

25 Jul 2025

Basis finalization

Refunds Initiate

26 Jul 2025

Mandate release

Demat Credit

27 Jul 2025

Shares in demat

Listing Debut

29 Jul 2025

Trading begins

How to Check Monarch Surveyors and Engineering Consultants Limited IPO Allotment Status

Click the Check on Registrar button above to visit Bigshare Services Private Limited's allotment portal.
Select Monarch Surveyors and Engineering Consultants Limited from the dropdown company list.
Choose your lookup mode: PAN Number, Application Number, or DP Client ID.
Enter your details accurately and solve the Captcha code.
Click Submit / Search to view the number of shares applied and allotted to you.

About Monarch Surveyors and Engineering Consultants Limited Public Issue & Market Profile

Monarch Surveyors and Engineering Consultants Limited is bringing an initial public offering (IPO) in the Professional Services sector with an aggregate issue size of ₹93.75 Crores. The shares are offered at a price band of ₹237 to ₹250 per equity share on BSE. Currently, investors are tracking the grey market premium (GMP) and institutional subscription multiples closely across BSE and NSE portals.

Public Issue & Allotment Procedure:

The public offer consists of a fresh issue and offer-for-sale structured under SEBI regulations. Bidding is open to Qualified Institutional Buyers (QIB), Non-Institutional Bidders (NII/HNI), and Retail Individual Investors (RII). Applications can be submitted online using ASBA or UPI mandate through certified stock brokers and net banking portals.

Official Allotment Timelines & Registrar Guidance:

Following the close of bidding on 2025-07-24, the basis of allotment is scheduled to be finalized on 2025-07-25. Investors can verify their application status online by submitting their PAN card number, Application Number, or DP Client ID on the registrar's official portal (Bigshare Services Private Limited) or the BSE allotment checking window.

Frequently Asked Questions

What if my name is not showing on the registrar portal?

Allotment records are updated in batches. If the status is not yet available, please wait a few hours until the basis of allotment is fully finalized.

How will I receive the refund if I don't get allotment?

Since funds are blocked under ASBA/UPI, the bank will automatically release the blocked hold on your funds upon receipt of revocation instructions from the sponsor bank.