Monarch Surveyors BSE SME

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.

Min Investment
₹150000
Price Range
₹237.00-250.00
Issue Size
₹88.58 Cr
IPO Type
BSE SME

Key Metrics

Check Live GMP

Face Value
₹10
EPS
24.61
P/E Ratio
10.16
RoNW
32.01%
ROE
32.01%
Debt to Equity
0.13

Timeline

IPO Opens

22 Jul

IPO Closes

24 Jul

Allotment

25 Jul

Listing

29 Jul

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.

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 & Engineering2.3910.1632.01108.8
Manglam Infra & Engineering0.8713.176.6217.1
Rudrabhishek Enterprises2.0422.738.99124

Subscription Details

Daily Bids Status

DateDay 1Day 2Day 3
QIB2.21x11.89x179.01x
NII18.30x82.15x317.05x
S-HNI18.44x66.17x224.26x
B-HNI18.22x90.72x364.02x
RII27.60x92.60x263.01x
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

Company Details

  • 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