₹3,00,000 / 1200 shares
Monarch Surveyors and Engineering Consultants IPO Details
RHP/DRHPIssue Date
22 Jul - 24 Jul'25
Investment/lot
₹3,00,000
Price Range
₹237 - ₹250
Lot Size
1200
IPO Size
₹93.75 Cr
IPO Listing Details
Listing On
29 Jul'25
Issue Price
₹250
Listed Price
₹ 421.25
Retail Gain/Listing Gain
▲68.50%
Schedule of Monarch Surveyors and Engineering Consultants IPO
Start date
22/07/2025
End date
24/07/2025
Allotment of bids
Refund Initiation
28/07/2025
Listing on exchange
29/07/2025
Monarch Surveyors and Engineering Consultants IPO Subscription Status
(Day-3: 24th July 2025 10:28 am)
| Date | QIB | NII* | NII (> ₹10L) | NII (< ₹10L) | Individual Investors | Total |
|---|---|---|---|---|---|---|
Day 1 Jul 22, 2025 | 2.21 | 18.30 | 18.22 | 18.44 | 27.60 | 18.36 |
Day 2 Jul 23, 2025 | 11.89 | 82.15 | 90.72 | 66.17 | 92.60 | 67.33 |
Day 3 Jul 24, 2025 | 11.93 | 100.41 | 112.87 | 76.66 | 106.53 | 78.23 |
About Monarch Surveyors and Engineering Consultants IPO
The IPO of Monarch Surveyors and Engineering Consultants Ltd comprises a fresh issue of up to 37,50,000 equity shares. There’s no offer for sale in this IPO, which is a 100% book-built issue. The price band is ₹237-₹250 and the lot size is 1200.
Monarch Surveyor and Engineering Consultants Ltd is engaged in the business to provide comprehensive consultancy services under Concept to Commissioning of infrastructure projects. The IPO opens on July 22, 2025 and closes on July 24, 2025. The listing date is July 29, 2025 and the allotment date is July 25, 2025. The credit of shares to the Demat account will take place on July 28, 2025, while the initiation of refund will take place on July 28, 2025.
Monarch Surveyors and Engineering Consultants Ltd provides comprehensive consultancy services throughout the entire lifecycle of infrastructure projects, from concept to commissioning.
Objectives of Monarch Surveyors and Engineering Consultants IPO
- Funding capital expenditure requirement for purchase of machinery
- Funding working capital requirement of the company
- General corporate purposes
Monarch Surveyors and Engineering Consultants IPO Valuation
Monarch Surveyors and Engineering Consultants IPO Share Offer and Subscription Details
| Investor | Shares Offered |
|---|---|
QIBs | Not more than 50% of the net issue |
Non-institutional Investors | Not less than 15% of the net issue |
Retail Individual Investors | Not less than 35% of the net issue |
Industry Outlook
Infrastructure is a key enabler in helping India become a US $26 trillion economy. Investments in building and upgrading physical infrastructure, especially in synergy with the ease of doing business initiatives, remain pivotal to increase efficiency and costs. The government’s focus on building infrastructure of the future has been evident given the slew of initiatives launched recently.
The US$ 1.3 trillion national master plan for infrastructure, Gati Shakti, has been a forerunner to bring about systemic and effective reforms in the sector, and has already shown a significant headway. In Interim Budget 2024-25, capital investment outlay for infrastructure has been increased by 11.1% to ₹ 11.11 lakh crore (US$ 133.86 billion), which would be 3.4 % of GDP.
Company Information
Monarch Surveyors and Engineering Consultants Ltd is engaged in the business to provide comprehensive consultancy services under Concept to Commissioning of infrastructure projects which includes Survey, design and technical supervision for roads, railways, metros, town planning, geospatial, mapping, land acquisition, water, transmission Line, pipelines and other civil engineering sectors.
The company provides comprehensive consultancy services throughout the entire lifecycle of infrastructure projects, from concept to commissioning.
Strengths of Monarch Surveyors and Engineering Consultants IPO
- Experienced promoter and management team
- Wide range of services
- Wide range of client base
- Optimal utilisation of resources
Risks of Monarch Surveyors and Engineering Consultants IPO
- Revenues majorly dependent on projects tendered by government departments
- Failure to maintain data secrecy could affect results of operations
- Dependence on few clients could affect revenues
- Failure to timely complete projects may result in loss of clients
- Majority of revenue concentrated in Maharashtra
Comparison with peers
| Company Name | Revenue from Operations (in ₹crores) | EPS in ₹ | Return on Net Worth (in %) | NAV Per Share (in ₹) |
|---|---|---|---|---|
Monarch Surveyors and Engineering Consultants Ltd | 154.1362 | 33.47 | 32.01 | 104.56 |
Dhruv Consultancy Services Ltd | 101.9647 | 4.14 | 6.67 | 54.57 |
Rudrabhishek Enterprises Ltd | 107.9653 | 7.69 | 8.99 | 83.06 |
Anchor Investor Bidding Date
The anchor portion of the IPO opens for bidding on July 21, 2025.
IPO Registrar and Book Running Lead Manager
- IPO Registrar: Bigshare Services Pvt Ltd
- Book Running Lead Manager: Beeline Capital Advisors Pvt Ltd
Business Model
Monarch Surveyors and Engineering Consultants Ltd is engaged in providing a wide range of civil engineering consultancy services. Its main service heads include the following:
- Surveying and Mapping
- Geo-Technical, Traffic and other Engineering Investigation
- Conceptualising, Design and Engineering
- GIS Based Land Plan and Land Acquisition Services
- Detailed Project Report and Bid Process Management
- Project Management & Construction Supervision
Company Growth Trajectory
The revenue from operations of Monarch Surveyors and Engineering Consultants grew from ₹71.6770 crores in FY 23 to ₹154.1362 crores in FY 25. Its EBITDA margin grew from 16.29% in FY 23 to 33.15% in FY 25, while PAT margin grew from 11.98 % in FY 23 to 22.60% in FY 25. An experienced promoter and management team coupled with a wide range of client base has contributed to the company's growth over the years.
Market Position
Creating consistent value for its clients by delivering uncompromising quality of services at optimum cost through continuous improvement in elemental technologies, Monarch Surveyors and Engineering Consultants Ltd has been awarded as one of the top 10 engineering consultants in India by Industry Outlook in 2022. For over 24 years, it’s dedicated to supporting the needs of its clients by recognising and addressing issues from their value perspective.
All Financial Information about Monarch Surveyors and Engineering Consultants IPO
Monarch Surveyors and Engineering Consultants IPO Balance Sheet
| Parameter | FY25 | FY24 | FY23 |
|---|---|---|---|
Profit / (Loss) Before Tax (in ₹crores) | 46.7415 | 40.8643 | 10.8152 |
Net Cash from Operating Activities (in ₹crores) | 23.9096 | 34.5267 | 5.1683 |
Net Cash from Investing Activities (in ₹crores) | (28.6971) | (29.4457) | (11.4983) |
Net Cash Flow in Financing Activities (in ₹crores) | (0.3706) | 3.6042 | 5.0697 |
Closing Balance - Cash & Cash Equivalents (in ₹crores) | 5.7110 | 10.8688 | 2.1836 |
How to Check Allotment Status of Monarch Surveyors and Engineering Consultants IPO?
1. Visit the Registrar’s Website
- Visit the official website of Bigshare Services Pvt Ltd
- Choose IPO Allotment Status from ‘Services’
- Click on any one of the servers
- Choose ‘Company Name’ from dropdown
- Enter either your application number, CAF number or beneficiary ID
- Enter captcha and click on ‘Submit’ to know the status
2. Check on the Bombay Stock Exchange Website
The Bombay Stock Exchange (BSE) also has an IPO allotment status page. Go to www.bseindia.com and find the 'Investor Services' tab. Under 'Investors Services', click on 'Status of Issue Application'. This will take you to the IPO allotment status page. On the BSE IPO page, follow these steps:
- Choose the Issue Type
- Select the Issue Name from dropdown
- Put in either your application number or PAN number
- Check the box ‘I’m not a robot
- Click on ‘Search’ to know allotment status
How to Apply for the Monarch Surveyors and Engineering Consultants IPO?
- Log in to your Kotak Securities Demat account - Log in to your Demat account to access IPO investments. Next, select the current IPO section.
- Specify IPO details - Enter the number of lots and the price you wish to apply for.
- Enter UPI ID - After entering your UPI ID, click submit. This will place your bid with the exchange.
- Mandate Notification - Your UPI app will receive a mandate notification to block funds.
- Approve Request - Your funds will be blocked once you approve the mandate request on your UPI.
This article is for informational purposes only and does not constitute financial advice. It is not produced by the desk of the Kotak Securities Research Team, nor is it a report published by the Kotak Securities Research Team. The information presented is compiled from several secondary sources available on the internet and may change over time. Investors should conduct their research and consult with financial professionals before making any investment decisions. Read the full disclaimer here.
Investments in the securities market are subject to market risks, read all the related documents carefully before investing. Please read the SEBI-prescribed Combined Risk Disclosure Document before investing. Brokerage will not exceed SEBI’s prescribed limit.
Monarch Surveyors and Engineering Consultants IPO FAQs
When is Monarch Surveyors and Engineering Consultants IPO listing date?
Monarch Surveyors and Engineering Consultants IPO will list on 2025-07-29.
What is the issue size of Monarch Surveyors and Engineering Consultants IPO?
93.75 is the issue size of Monarch Surveyors and Engineering Consultants IPO.
What is the minimum lot size required for Monarch Surveyors and Engineering Consultants IPO?
The minimum lot size is 1200 shares and the investment required is ₹300000.
What is the price band of the Monarch Surveyors and Engineering Consultants IPO?
The price band of Monarch Surveyors and Engineering Consultants IPO is ₹237 to ₹250.
Where can I read more about Monarch Surveyors and Engineering Consultants business?
You can read more about Monarch Surveyors and Engineering Consultants and its IPO from the company’s red herring prospectus (RHP) here.
What is the Monarch Surveyors and Engineering Consultants Ltd IPO?
The Monarch Surveyors and Engineering Consultants Ltd IPO comprises a fresh issue of up to 37,50,000 equity shares. It has no offer for sale.
When will the IPO of Monarch Surveyors and Engineering Consultants Ltd go live?
The IPO will open on July 22, 2025 and will close on July 24, 2025.
From where can I get more information about the IPO of Monarch Surveyors and Engineering Consultants Ltd?
To get more information about the IPO of Monarch Surveyors and Engineering Consultants Ltd, click on the company’s red herring prospectus here.