
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
+84.0%
Est. Listing
₹460
at current GMP
Subscribed
250.65x
overall
Open
22 Jul 2025
Close
24 Jul 2025
Allotment
25 Jul 2025
Refund
26 Jul 2025
Demat Credit
27 Jul 2025
Listing
29 Jul 2025
Last updated: 19 Oct 2026
Current Premium
Issue Price (Upper)
₹250
Band: ₹237 – ₹250
Estimated Listing Price
₹460
Upper price + GMP
Lot Size
600 shares
Min investment ₹1,50,000
Estimated Profit / Lot
₹1,26,000
600 × ₹210
Grey Market Premium trend
+₹210
▲ 0 today
Updated less than a minute ago
| Date | GMP (₹) | GMP % | Est. Listing |
|---|---|---|---|
| 31 Oct 2026 | +₹210 | 84.0% | ₹460 |
| 30 Oct 2026 | +₹210 | 84.0% | ₹460 |
| 29 Oct 2026 | +₹189 | 75.6% | ₹439 |
GMP is unofficial market data. Not a guarantee of listing performance.
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.
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.
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.
The latest grey market premium for Monarch Surveyors and Engineering Consultants Limited IPO is ₹210, which indicates an expected listing price of ₹460.
Kostak rate is the profit amount an investor earns by selling their entire IPO application in the grey market before allotment is finalized.
No. GMP is an unofficial indicator discovered between dealers outside of SEBI-regulated exchanges. Actual listing price is determined by demand-supply discovery on NSE/BSE during the pre-open auction.