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Initial public issue of upto 37,50,000 equity shares of face value of Rs.10/- each of Monarch Surveyors and Engineering Consultants Limited (msecl or the company or the issuer) for cash at a price of Rs. []/- per equity share including a share premium of Rs. []/- per equity share (the issue price) aggregating upto Rs. [] crores (the issue), of which [] equity shares of face value of Rs. 10/- each for cash at a price of Rs. []/- per equity share including a share premium of Rs.[]/- per equity share aggregating to Rs. [] crores will be reserved for subscription by market maker to the issue (the market maker reservation portion). The issue less the market maker reservation portion i.e. net issue of [] equity shares of face value of Rs. 10/- each at a price of Rs. []/- per equity share including a share premium of Rs. []/- per equity share aggregating to Rs. [] crores is herein after referred to as the net issue. the issue and the net issue will constitute []% and [*]%, respectively, of the post issue paid up equity share capital of the company. the face value of the equity shares is Rs. 10/- each. The price band and the minimum bid lot will be decided by the company in consultation with the brlm.
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