| Monarch Surveyors IPO Review | Monarch Surveyors IPO Subscription |
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Monarch Surveyors IPO description – Monarch Surveyors operates as a consultancy firm offering end-to-end services from concept to commissioning for infrastructure projects. The company specializes in surveying, design, and technical supervision of roads, railways, metros, town planning, geospatial mapping, land acquisition, water supply, transmission lines, pipelines, and other civil engineering domains. The company is known for providing services, including detailed surveys for data collection, innovative infrastructure design, and construction phase management.
Monarch Surveyors’ service portfolio includes surveying and mapping, geotechnical studies, traffic and engineering investigations, conceptual design, GIS-based land planning, land acquisition services, detailed project reporting, bid process management, project management, and construction supervision.
As of 31 March 2025, Monarch Surveyors has 68 ongoing projects, each with a work order value exceeding INR 50 lakh, for the Government of India and other clients. The company currently employs 507 professionals.

Promoters of Monarch Surveyors – Mr. Dattatraya Mohaniraj Karpe, Mr. Sanjay Bhalchandra Vidwans, Mr. Sunil Shrikrishna Bhalerao, and Mr. Bhartesh Rajkumar Shah
Table of Contents
Monarch Surveyors and Engineering Consultants IPO Details
| Monarch Surveyors IPO Dates | 22 – 24 July 2025 |
| Monarch Surveyors Issue Price | INR 237 – 250 per share |
| Fresh issue | 37,50,000 shares (INR 88.88 – 93.75 crore) |
| Offer For Sale | NIL |
| Total IPO size | 37,50,000 shares (INR 88.88 – 93.75 crore) |
| Minimum Bid | 1,200 shares (INR 3,00,000) |
| Lot Size | 600 shares (INR 1,50,000) |
| Face Value | INR 10 per share |
| Individual Allocation | 35% |
| Listing On | BSE SME |
Monarch Surveyors Financial Performance
| FY 2023 | FY 2024 | FY 2025 | |
| Revenue | 71.68 | 139.49 | 154.14 |
| Expenses | 61.91 | 100.41 | 108.92 |
| Net income | 8.59 | 30.01 | 34.83 |
Monarch Surveyors Offer News
- Monarch Surveyors RHP
- Monarch Surveyors Draft Prospectus
- ASBA IPO Forms
- Live IPO Subscription Status
- Highest SME IPO Subscription in 2025
Monarch Surveyors Valuations & Margins
| FY 2023 | FY 2024 | FY 2025 | |
| EPS | 8.25 | 28.84 | 33.47 |
| PE ratio | – | – | 7.08 – 7.47 |
| RONW (%) | 19.54 | 40.57 | 32.01 |
| NAV | 42.25 | 71.08 | 104.56 |
| ROCE (%) | 22.20 | 48.54 | 39.59 |
| EBITDA (%) | 16.29 | 30.67 | 33.15 |
| Debt/Equity | 0.19 | 0.18 | 0.13 |
Monarch Surveyors IPO GMP Today
| Date | Consolidated IPO GMP | Kostak | Subject to Sauda |
| 28 July 2025 | 175 | – | 81,500 |
| 26 July 2025 | 175 | – | 81,500 |
| 25 July 2025 | 175 | – | 81,500 |
| 24 July 2025 | 175 | – | 81,500 |
| 23 July 2025 | 155 | – | 71,500 |
| 22 July 2025 | 135 | – | 58,500 |
| 21 July 2025 | 140 | – | 60,000 |
| 19 July 2025 | 150 | – | 67,000 |
Monarch Surveyors IPO Subscription – Live Updates
| Category | QIB | NII | Individual | Total |
|---|---|---|---|---|
| Shares Offered | 7,08,000 | 5,32,800 | 12,40,800 | 24,81,600 |
| 24 Jul 2025 | 179.01 | 317.44 | 263.01 | 250.73 |
| 23 Jul 2025 | 11.89 | 82.54 | 92.60 | 67.41 |
| 22 Jul 2025 | 2.21 | 18.30 | 27.60 | 18.36 |
The market maker reservation portion of 2,07,000 shares and the anchor investors portion of 10,61,400 shares are not included in the above calculations.
Monarch Surveyors IPO Allotment Status
Monarch Surveyors IPO allotment status is now available on Bigshare Services’ website. Click on this link to get allotment status.
Monarch Surveyors IPO Dates & Listing Performance
| IPO Opening Date | 22 July 2025 |
| IPO Closing Date | 24 July 2025 |
| Finalization of Basis of Allotment | 25 July 2025 |
| Initiation of refunds | 28 July 2025 |
| Transfer of shares to demat accounts | 28 July 2025 |
| IPO Listing Date | 29 July 2025 |
| Opening Price on BSE SME | INR 415 per share (up 66%) |
| Closing Price on BSE SME | INR 400.20 per share (up 60.08%) |
Monarch Surveyors Offer Lead Manager
BEELINE CAPITAL ADVISORS PRIVATE LIMITED
Shilp Corporate Park, B Block, 13th Floor,
B-1311-1314, Near Rajpath Club, Rajpath Rangoli Road,
S.G. Highway, Ahmedabad, Gujarat- 380054
Phone: 079 4918 5784
Email: [email protected]
Website: www.beelinemb.com
Monarch Surveyors Offer Registrar
BIGSHARE SERVICES PRIVATE LIMITED
S6-2, 6th Floor, Pinnacle Business Park,
Next to Ahura Centre, Mahakali
Caves Road, Andheri East, Mumbai – 400 093
Phone: +91 22 6263 8200
Email: [email protected]
Website: www.bigshareonline.com
Monarch Surveyors Issue Contact Details
MONARCH SURVEYORS AND ENGINEERING CONSULTANTS LIMITED
Monarch House, CTS No. 434/1, Near Kawade
Petrol Pump, Ghorpadi Gaon, Hadapsar (N.V.),
Haveli, Pune, Maharashtra-411036, India
Phone: +91 9766509911
E-mail: [email protected]
Website: www.monarchconsultants.in
IPO FAQs
What is Monarch Surveyors offer size?
Monarch Surveyors offer size is INR 88.88 – 93.75 crores.
What is Monarch Surveyors offer price band?
Monarch Surveyors public offer price is INR 237 – 250 per share.
What is the lot size of Monarch Surveyors IPO?
Monarch Surveyors offer lot size is 1,200 shares.
What is Monarch Surveyors IPO GMP today?
Monarch Surveyors IPO GMP today is INR 175 per share.
What is Monarch Surveyors kostak rate today?
Monarch Surveyors kostak rate today is INR NA per application.
What is Monarch Surveyors IPO Subject to Sauda rate today?
Monarch Surveyors’s Subject to Sauda rate today is INR 81,500 per application.







































