Monarch Surveyors SME: Check IPO Date, Live Subscription and Key Details
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 focuses across various areas including roads and highways, railways and metros, geospatial and mapping, land acquisition, water management, and transmission lines and pipelines.
Price Range
₹237.00-250.00
Issue Size
₹88.58 Cr
Lot Size
600 shares
IPO Type
BSE SME
GMP
₹210(+84.00%)
Est. Listing Price
₹460
Estimate Profit
₹2,52,000
Retail Portion
-
Key Metrics
Check Live GMPGMPFace Value
₹10
EPS
24.61
P/E Ratio
10.16
RoNW
32.01%
ROE
32.01%
Debt to Equity
0.13
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Timeline
IPO Opens
22 Jul
IPO Closes
24 Jul
Allotment
25 Jul
Listing
29 Jul
IPO Timeline & Listing Details
| Event | Date | Details |
|---|---|---|
| IPO Open Date | 22 July 2025 | Subscription starts |
| IPO Close Date | 24 July 2025 | Subscription ends |
| Allotment Date | 25 July 2025 | Allotment |
| Listing Date | 29 July 2025 | Listing |
Investment Categories
| Category | Lots | Amount |
|---|---|---|
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 Ended | 31 Mar 2025 | 31 Mar 2024 | 31 Mar 2023 |
|---|---|---|---|
| Assets (₹ Cr.) | 148.06 | 102.12 | 64.51 |
| Revenue (₹ Cr.) | 155.66 | 141.27 | 72.72 |
| PAT (₹ Cr.) | 34.83 | 30.01 | 8.59 |
| Net Worth (₹ Cr.) | 108.8 | 73.97 | 43.96 |
Peer Comparison
| Company | P/B Ratio | P/E Ratio | RONW (%) | Net Worth (₹ Cr.) |
|---|---|---|---|---|
| Monarch Surveyors & Engineering | 2.39 | 10.16 | 32.01% | 108.8 |
| Manglam Infra & Engineering | 0.87 | 13.17 | 6.62% | 17.1 |
| Rudrabhishek Enterprises | 2.04 | 22.73 | 8.99% | 124 |
Subscription Details
Daily Bids Status
| Category | Day 1 | Day 2 | Day 3 |
|---|---|---|---|
| QIB | 2.21x | 11.89x | 179.01x |
| NII | 18.3x | 82.15x | 317.05x |
| S-HNI | 18.44x | 66.17x | 224.26x |
| B-HNI | 18.22x | 90.72x | 364.02x |
| RII | 27.6x | 92.6x | 263.01x |
| Total | 18.36x | 67.33x | 250.65x |
Overall Subscription Statistics
| Category | Shares Offered | Shares Bid | Bid Amount (₹ Cr) |
|---|---|---|---|
| QIB | 7,08,000 | 12,67,38,600 | 3,168.46 |
| NII | 5,32,800 | 16,89,22,800 | 4,223.07 |
| Small NII | 1,77,600 | 3,98,28,600 | 995.72 |
| Big NII | 3,55,200 | 12,93,01,200 | 3,232.53 |
| RII | 12,40,800 | 32,63,44,800 | 8,158.62 |
| Total | 24,81,600 | 62,20,06,200 | 15,550.16 |
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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
- Bigshare Services Pvt Ltd
- +91-22-6263 8200
- ipo@bigshareonline.com
- https://ipo.bigshareonline.com/IPO_Status.html
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