Monarch Surveyors BSE SME

Monarch Surveyors SME IPO

Listed

BSE SMEOpens 22 July 2025Closes 24 July 2025

Monarch Surveyor provides comprehensive consultancy services for infrastructure projects, from concept to commissioning. Its service offerings include surveying, design services, and technical supervision. The company…

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Price band
₹237.00 - 250.00
Issue size
₹88.58 Cr
Lot size
600 shares
Type
BSE SME
GMP
₹210 (+84.0%)
Est. listing
₹460
Est. profit / app
₹2,52,000
Retail quota
—

Key ratios

As per RHP / filings
Face value
₹10
EPS
24.61
P/E ratio
10.16
RoNW
32.01%
ROE
32.01%
Debt / Equity
0.13
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Timeline

  1. IPO Opens

    22 Jul 2025

  2. IPO Closes

    24 Jul 2025

  3. Allotment

    25 Jul 2025

  4. Listing

    29 Jul 2025

IPO Timeline & Listing Details

EventDate
IPO Open Date22 July 2025
IPO Close Date24 July 2025
Allotment Date25 July 2025
Listing Date29 July 2025

Investment Categories

CategoryLotsAmount
Individual
2₹3,00,000
SHNI (Min)
3₹4,50,000
SHNI (Max)
6₹9,00,000
BHNIAbove ₹10,00,000
7₹10,50,000

IPO Objectives

  • Funding capital expenditure requirement for purchase of machinery.
  • Funding Working Capital Requirement of the Company.
  • General Corporate Purposes.

Strengths

  • Wide range of service portfolio providing comprehensive consultancy services for infrastructure projects, from concept to commissioning, including surveying, design, and technical supervision.
  • Strong customer base including corporates, State Governments, Municipalities, and other government authorities, demonstrating diversified client engagement.
  • Optimal utilization of Resources by leveraging advanced technologies like LiDAR, DGPS, UAV-based drone mapping, and proprietary Python-based GIS workflows for precision and efficiency.
  • Experienced promoter and management Team with decades of experience in the infrastructure consultancy industry, driving strategic vision and operational excellence.
  • Strong financial performance with consistent growth in both top and bottom lines (revenue up by 10% and PAT up by 16% between FY24 and FY25), along with robust profit margins and efficient capital deployment.

Weaknesses

  • High client concentration: The top 10 clients contributed significantly to the revenue (84.52% in FY25), creating a risk if any major client reduces or terminates contracts.
  • Geographic concentration risk: A substantial portion of the company's revenue is concentrated in Maharashtra (84.02% in FY25), making it vulnerable to regional economic shifts, policy changes, or funding disruptions.
  • Working capital intensive business due to the nature of consultancy services for large infrastructure projects, which often requires significant upfront costs and receivables.
  • Reliance on government projects: A major portion of revenue depends on projects tendered by government departments, which can be subject to competitive bidding and potential delays in approvals or payments.
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Financial Performance

Period Ended31 Mar 202531 Mar 202431 Mar 2023
Assets (₹ Cr.)148.06102.1264.51
Revenue (₹ Cr.)155.66141.2772.72
PAT (₹ Cr.)34.8330.018.59
Net Worth (₹ Cr.)108.873.9743.96

Peer Comparison

CompanyP/B RatioP/E RatioRONW (%)Net Worth (₹ Cr.)
Monarch Surveyors & Engineering2.3910.1632.01%108.8
Manglam Infra & Engineering0.8713.176.62%17.1
Rudrabhishek Enterprises2.0422.738.99%124

Subscription Details

Daily Bids Status

CategoryDay 1Day 2Day 3
QIB2.21x11.89x179.01x
NII18.3x82.15x317.05x
S-HNI18.44x66.17x224.26x
B-HNI18.22x90.72x364.02x
RII27.6x92.6x263.01x
Total18.36x67.33x250.65x

Overall Subscription Statistics

CategoryShares OfferedShares BidBid Amount (₹ Cr)
QIB7,08,00012,67,38,6003,168.46
NII5,32,80016,89,22,8004,223.07
Small NII1,77,6003,98,28,600995.72
Big NII3,55,20012,93,01,2003,232.53
RII12,40,80032,63,44,8008,158.62
Total24,81,60062,20,06,20015,550.16
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Company Details

  • Monarch Surveyors & Engineering Consultants Ltd.
  • Monarch House, CTS No. 434/1, Near Kawade Petrol Pump, Ghorpadi Gaon, Hadapsar (N.V.), Haveli, Pune, Maharashtra-411036
  • +91 9766509911
  • cs@monarchpune.in
  • http://www.monarchconsultants.in/

Registrar Details

Frequently Asked Questions

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Monarch Surveyors SME IPO News & Updates

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Monarch Surveyors SME IPO IPO Pages

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Sources

We match Monarch Surveyors SME IPO IPO numbers with official sources. For final dates and allotment results, double-check the registrar or exchange.

  • SEBIRules for IPO allotment and disclosures in India
  • NSEExchange notices, bidding data, and listing updates
  • BSEExchange notices and IPO allotment check tools
  • RHP / Offer DocumentCheck the company RHP on NSE/BSE or the IPO detail page
  • Bigshare Services Pvt LtdOfficial site to check allotment status for this IPO

Also read our Editorial Policy, How GMP is calculated, How allotment chances work, and IPO fund allocation.

Reviewed by

Dinesh Agrawal · Lead IPO Analyst

15+ years in Indian markets and IPO research. He reviews IPO dates and key details before they go live.

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