Monarch Surveyors IPO GMP & Review: Apply or Avoid?
Posted by : sachet | Mon Jul 21 2025

Monarch Surveyors IPO is open for bidding from 22nd July 2025 to 24th July 2025. It is a bookbuilding IPO of ₹93.75 crore and entirely a fresh issue worth ₹37.50 lakh shares. The issue will be listed on BSE and SME on its tentative listing date, 29th July 2025
Monarch Surveyors IPO Details
The Monarch Surveyors IPO date is fixed between 22nd July 2025 and 24th July 2025. The face value of Monarch Surveyors & Engineering Consultants shares stands at ₹10 per share, and the IPO Issue price band is set at ₹237 to ₹250 per share
Accurate Securities & Registry Private Limited is the registrar of the Monarch Surveyors IPO and is responsible for managing the allotment process and initiating refunds. Check out the latest IPO details in the table below.
IPO Allotment Date | 25th July 2025 |
IPO Open Date | 22nd July 2025 |
IPO Close Date | 24th July 2025 |
Refund Initiation | 28th July 2025 |
Issue Size | 37,50,000 shares(aggregating up to ₹93.75 Cr) |
Face Value | ₹10 per share |
Lot Size | 600 share |
Issue Price | ₹237 to ₹250 per share |
Issue Type | Bookbuilding IPO |
Listing At | BSE & SME |
Listing Date | 29th July 2025 |
Monarch Surveyors IPO Share Reservation
Monarch Surveyors IPO is a bookbuilding IPO issue of 37.50 lakh shares worth ₹93.75 crores. Monarch Surveyors IPO Limited shares will be listed on the BSE and SME. Furthermore, SEBI has specified the share reservation criteria for different investor categories.
Investor Categories | Reservation Required |
Market Maker Shares Offered | 2,07,000 (5.52%) |
QIB shares offered | 17,69,400 (47.18%) |
NII (HNI) Shares Offered | 5,32,800 (14.21%) |
Retail Shares Offered | 12,40,800 (33.09%) |
Total Shares Offered | 37,50,000 (100.00%) |
Monarch Surveyors IPO GMP Grey Market Premium
GMP is the gap between the price band of the issue and the price at which company shares are currently trading in the grey market. Do you want to get live updates on the Monarch Surveyors IPO? If yes, then you’ve reached the right spot. Check the table below to learn about the GMP trends.
GMP DATE | IPO Price | GMP Price | Estimated Listing Price | Estimated Gain |
21-07-2025 | ₹250.00 | ₹135 | ₹385.00 | 54.00% |
20-07-2025 | ₹250.00 | ₹135 | ₹385.00 | 54.00% |
19-07-2025 | ₹250.00 | ₹135 | ₹385.00 | 54.00% |
18-07-2025 | ₹250.00 | ₹150 | ₹400.00 | 60.00% |
17-07-2025 | ₹250.00 | ₹150 | ₹400.00 | 60.00% |
As of 21st July 2025, Monarch Surveyors IPO GMP stands at ₹135 per share, which means the share will likely show a listing at ₹385 on its tentative listing date, 29th July 2025.
GMP data is subject to change based on market trends and sentiments. You should check the live GMP status before applying for the Monarch Surveyors IPO GMP. Stay informed with Univest to know about real-time insights on IPOs and their GMP trends.
Monarch Surveyors IPO GMP Review

Check out the detailed Monarch Surveyors GMP IPO review for a thorough understanding of its potential to report listing gains on 29th July 2025. The Monarch Surveyors IPO review below will help you invest effectively to avoid significant losses. Explore more to make informed investment decisions on this IPO.
Financial Health
Assess a company’s financial performance to know about its ability to sustain a competitive edge. Thus, it is essential to understand the growth margins and declines of the business’s financials before applying for the Monarch Surveyors IPO.
Monarch Surveyors & Engineering Consultants Limited’s revenue soared by 10% from ₹141.27 crores in March 2024 to ₹155.66 crores in March 2025. Moreover, the company’s PAT increased by 16% from ₹30.01 crores in March 2024 to ₹34.83 crores in March 2025.
Monarch Surveyors Ipo has shown consistent revenue growth, indicating that the company is financially stable. Moreover, the brokers, investors, and RAs have a positive outlook for the Monarch Surveyors IPO for its tentative listing day, which is 29th July 2025.
Technical Analysis
A number of technical indicators are available to assess a company’s potential to deliver returns. Use the parameters mentioned below to analyse the technicals of the Monarch Surveyors IPO.
Key Indicators | Value |
PE Ratio (Price-to-Earnings) | 7.47 |
EPS (Earnings Per Share) | 33.47 |
RoNW | 32.01% |
ROCE | 39.59% |
ROE | 32.01% |
EBITDA Margin | 33.51% |
Price to Book Value | 2.39 |
Market Capitalisation | ₹353.90 Cr |
The PE ratio of Monarch Surveyors Limited shares is 7.47, and its Earnings Per Share (EPS) stands at 33.47. Thus, the Monarch Surveyors IPO can potentially deliver gains on its tentative listing date, 29th July 2025.
Note: The data, as mentioned above, is taken from authentic sources and highlights pre-issue information. The PE ratio and EPS of Monarch Surveyors & Engineering Consultants Limited are subject to change after the IPO. Explore the table below to get post-issue updates on these two metrics.
Indicators | Pre-IPO | Post-IPO |
PE Ratio | 7.47 | 10.16 |
EPS | 33.47 | 24.61 |
Monarch Surveyors IPO Subscription Status
Monarch Surveyors IPO is to be opened for bidding on 22nd July 2025. The subscription status for this IPO is yet to be announced. Stay informed on this passage to check the live Monarch Surveyors IPO Subscription Status.
Investor Category | Shares Offered | Shares Subscribed | Subscription to the Times |
Market Maker Shares Offered | 2,07,000 (5.52%) | Yet to be announced | Yet to be announced |
QIB Shares Offered | 17,69,400 (47.18%) | Yet to be announced | Yet to be announced |
NII (HNI) Shares Offered | 5,32,800 (14.21%) | Yet to be announced | Yet to be announced |
Retail Shares Offered | 12,40,800 (33.09%) | Yet to be announced | Yet to be announced |
Total Shares Offered | 37,50,000 (100.00%) | Yet to be announced | Yet to be announced |
About Monarch Surveyors Limited

Monarch Surveyors & Engineering Consultants Limited was incorporated in 1999. Monarch Surveyors & Engineering Consultants Limited is a civil engineering Consultancy firm engaged in diverse activities like conducting topographic surveys, project management consultancy, design and engineering, geotechnical investigations, land acquisition, GIS mapping, and feasibility studies. The company has successfully launched its project in various sectors, including railways, roads, and oil & gas.
- Experienced Promoter and Management Team
- Wide Range of Services
- Wide Range of Client Base
- Optimal Utilisation of Resources
Monarch Surveyors & Engineering Consultants Limited Financials
The company’s financial analysis is essential before applying for the Monarch Surveyors IPO. Look at the table to learn about Monarch Surveyors & Engineering Consultants Limited’s financials.
Year Ended | 31st March 2025 (in cr.) | 31st March 2024 (in cr.) | 31st March 2023 (in cr.) |
Assets | 148.06 | 102.12 | 64.51 |
Revenue | 155.66 | 141.27 | 72.72 |
Profit After Tax | 34.83 | 30.01 | 8.59 |
EBITDA | 51.10 | 30.01 | 11.68 |
Net Worth | 108.80 | 73.97 | 43.96 |
Reserves and Surplus | 98.40 | 73.88 | 43.88 |
Total Borrowing | 14.29 | 12.96 | 8.37 |
Explanation
Monarch Surveyors & Engineering Consultants Limited’s revenue soared by 10.00% from ₹141.27 crores in March 2024 to ₹155.66 crores in March 2025. Moreover, the company’s PAT increased by 16.00% from ₹30.01 crores in March 2024 to ₹34.83 crores in March 2025
Also Read : Oyo IPO GMP & Review: Apply or Avoid?
Monarch Surveyors IPO Bidding Requirements
Investors can bid for a Minimum of 1,200 shares in multiples of 600 Shares thereof. The following table depicts the Minimum and Maximum Investment by Individual Investors minimum and maximum investment by Individual Investors (Retail) and HNI in terms of shares and amount.
Application | Lots | Shares | Amount |
Individual Investors (Retail) (Min) | 2 | 1,200 | ₹3,00,000 |
Individual Investors (Retail) (Max) | 2 | 1,200 | ₹3,00,000 |
S-HNI (Min) | 3 | 1,800 | ₹3,00,000 |
S-HNI (Max) | 6 | 3,600 | ₹9,00,000 |
B-HNI (Min) | 7 | 4,200 | ₹10,50,000 |
Monarch Surveyors IPO has reserved lot sizes to be applied by different investor categories. Look at the table below to know about the requirements to be fulfilled for applying for this IPO.
Use the lot size calculator to find how many shares you should apply!
Monarch Surveyors & Engineering Consultants Limited IPO Promoter Holdings
Have a look at the table below to check the holdings of Monarch Surveyors Limited. Mr. Dattatraya Mohaniraj Karpe, Mr. Sanjay Bhalchandra Vidwans, Mr. Sunil Shrikrishna Bhalerao, and Mr. Bhartesh Rajkumar Shah are the promoters of the company.
Shareholding Pre-Issue | 98.42% |
Shareholding Post-Issue | 72.35% |
Note: The value will be calculated using Equity Dilution = Share Holding Pre Issue – Share Holding Post Issue.
Aim of Monarch Surveyors IPO
The primary aim of the Monarch Surveyors IPO is to raise ₹93.75 crores. On the other hand, Monarch Surveyors has decided to utilise these funds in different ways. Explore some of the secondary objectives for the Monarch Surveyors IPO.
- To meet the Funding capital expenditure requirement for the purchase of machinery
- To fund the incremental working capital requirements of the company.
- To meet general corporate purposes.
Should I Invest in Monarch Surveyors IPO?
MSECL is one of the leading comprehensive consultancy service providers with all related aspects. It marked growth in its top and bottom lines for the reported periods. It can generate higher margins because of its capability to provide all related services under one roof. Based on recent financial data, the issue appears reasonably priced. Investors may park funds for medium to long-term. ~Dilip Davda (Chief Editor at Chittorgarh)
Explore the pros and cons of the Monarch Surveyors to know whether you should apply or avoid the issue. These pros and cons might help you know about the IPO’s efficiency in delivering profits in the coming decades.
Pros of Monarch Surveyors IPO
- Remarkable profit margin
- Diverse clients based
- Assortment of services
- Optimized performance
- Environmental focus
Cons of Monarch Surveyors IPO
- Financial risk
- Regulatory framework
How to Apply for Monarch Surveyors IPO?

Check the steps mentioned below to apply for Monarch Surveyors & Engineering Consultants Ltd.
- Step 1: Conduct thorough research on the Monarch Surveyors IPO GMP, subscription status, issue size, lot size, and other details.
- Step 2: Open a demat account on Univest to learn about real-time insights on GMP and subscription status. You can also use your previous demat account by navigating to the IPO section.
- Step 3: Make a bid for two lots of 1,200 shares worth ₹2,84,400
- Step 4: You will receive a mandate request after making a bid. Approve the request to proceed further.
Note: You can apply for the Monarch Surveyors IPO from more than one demat account to increase your allotment chances.
How to Check Monarch Surveyors IPO Allotment Status?
You can check for the Monarch Surveyors IPO allotment in different ways. These include BSE and the registrar portal. Look at the steps mentioned below to check your allotment status online.
Check On BSE
- Visit the BSE Official Site
- Navigate to the IPO Allotment Section.
- Select Equity as the issue type.
- Choose the Monarch Surveyors IPO.
- Choose whether to proceed with the PAN number or the application number.
- Submit your details to get the allotment status online.
Check On the Registrar Portal
- Visit the registrar portal.
- Click on the allotment option.
- Fill in the required details.
- Click on the submit button to know your Monarch Surveyors IPO allotment status.
Let’s Wrap
Monarch Surveyors IPO is a bookbuilding issue of shares worth ₹93.75 crores. The shares of Monarch Surveyors & Engineering Consultants Limited will be listed on BSE and SME on its tentative listing date of 29th July 2025. Researching the Monarch Surveyors IPO GMP and reviews is highly suggested to book your ideal profitability. Brokers and investors have highlighted their pros and cons, so one must analyse them and decide accordingly.
Open a demat account on Univest now to initiate your investment journey!
Also Read : Monika Alcobev IPO GMP &Review: Apply or Avoid?
FAQs on Monarch Surveyors IPO
How is the Monarch Surveyors IPO?
Ans. Currently, on 20th July 2025, the Monarch Surveyors GMP (Grey Market Premium) stands at ₹135. It indicates that the estimated listing price could be ₹385 per share. It is a bookbuilding IPO of 37.50 lakh shares worth ₹93.75 crores. The face value of each share of Monarch Surveyors & Engineering Consultants Limited is ₹10.
What is the Monarch Surveyors IPO price?
Ans. The Monarch Surveyors IPO issue price band is set at ₹235 to ₹250 per share. Retail investors can apply for a minimum of 2 lots consisting of 1,200 shares worth ₹2,84,400. Moreover, HNIs are required to bid for a minimum of 3 lots (1,800 shares) worth ₹4,50,000.
Is the Monarch Surveyors IPO good?
Ans. Monarch Surveyors Limited’s revenue soared by 10% from ₹141.27 crores in March 2024 to ₹155.66 crores in March 2025. Moreover, the company’s PAT increased by 16% from ₹30.01 crores in March 2024 to ₹34.83 crores in March 2025.
Who is the registrar of the Monarch Surveyors IPO?
Ans. Bigshare Services Pvt Limited is the registrar of the Monarch Surveyors IPO, awaiting to manage the IPO allotment procedure and refund initiation. For any queries regarding the Monarch Surveyors allotment and refund, you can contact Bigshare Services Pvt. limited. ipo@bigshareonline.com or +91-22-6263 8200.
What is the issue size of the Monarch Surveyors IPO?
Ans. Monarch Surveyors IPO is a bookbuilding IPO for ₹37.50 lakh shares worth ₹93.75 crore. Moreover, the IPO is set to open on 22nd July 2025 and will be closed on 24th July 2025.
Disclaimer: The above information is compiled from authentic sources and is just for informational purposes. To have detailed information about the Monarch Surveyors IPO, download the Monarch Surveyors IPO RHP and Monarch Surveyors IPO DRHP. Conduct your research before investing in IPOs to avoid significant losses. You can also consult your financial advisor.
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