
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
Overall Subscription
250.65x
Total Demand
QIB Multiplier
179.01x
Institutions & Funds
NII / HNI
317.05x
High Net-Worth
Retail (RII)
263.01x
Individual Bidders
Live bidding breakdown by institutional, non-institutional, and retail investors
| Category | Shares Offered | Shares Applied / Bid | Times Subscribed |
|---|---|---|---|
| QIB | 708,000 | 126,738,600 | 179.01x |
| NIB | 532,800 | 168,922,800 | 317.05x |
| HNIs(10L +) | 355,200 | 129,094,200 | 363.44x |
| HNIs (2-10L) | 177,600 | 39,828,600 | 224.26x |
| RETAIL | 1,240,800 | 326,344,800 | 263.01x |
| Total | 3,014,400 | 790,929,000 | 250.65x |
Total unique applications received across retail and HNI tranches
| Category | Applications Reserved | Applications Received | Times Subscribed |
|---|---|---|---|
| HNIs (10L+) | 197 | 26,143 | 132.71x |
| HNIs (3-10L) | 98 | 20,622 | 210.43x |
| RETAIL | 1,034 | 271,954 | 263.01x |
| Total Applications | 1,329 | 318,719 | 239.82x |
Track continuous institutional and retail bidding order books for all active issues on the ipo live subscription feed.
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 (GMP) for Monarch Surveyors and Engineering Consultants Limited IPO is ₹210 per equity share. Based on the upper price band of ₹237 to ₹250 per equity share, the estimated listing price is ₹460 (+84.0% expected listing gain).
With a lot size of 600 shares and current GMP of ₹210, the expected profit per application lot is approx ₹1,26,000 (+84.0% gain). Minimum application cost is approx ₹1,50,000.
The Monarch Surveyors and Engineering Consultants Limited IPO aggregate issue size is ₹93.75 Crores with an equity price band set at ₹237 to ₹250 per equity share. The retail lot size is 600 shares requiring a minimum capital outlay of approx. ₹1,50,000.
Live subscription figures are compiled real-time from the NSE and BSE bidding engines. Currently, overall subscription is 250.65x (Retail: 263.01x, QIB: 179.01x, NII: 317.05x). You can track live multiples directly on our dedicated subscription page.
The basis of allotment will be published on the official registrar portal (Bigshare Services Private Limited) and the BSE status verification website on or around 2025-07-25. Investors can verify status using PAN card or application number.
Monarch Surveyors and Engineering Consultants Limited shares are scheduled to list on BSE on 2025-07-29.