Monarch Surveyors SME IPO Subscription Status
Monarch Surveyors SME IPO closed on 24 July 2025 with an overall subscription of 250.65x based on shares applied. QIB demand came in at 179.01x, NII at 317.05x, and retail at 263.01x.
Allotment will be finalised on 25 July 2025. The stock is scheduled to list on NSE and BSE on 29 July 2025.
Issue Price
Rs 250.00
GMP Today
Rs 210.00 (+84.00%)
Overall Subscription
250.65x
Issue Size
₹88.58 Cr
Allotment Date
25 Jul 2025
Listing Date
29 Jul 2025
Monarch Surveyors SME IPO Subscription by Amount
Category-wise subscription based on amount applied at issue price Rs 250.00
| Category | Amount Offered | Amount Applied | Subscription |
|---|---|---|---|
| QIB | Rs 17.70 Cr | Rs 3,168.47 Cr | 179.01x |
| NII | Rs 13.32 Cr | Rs 4,223.07 Cr | 317.05x |
| sNII (Rs 2L to Rs 10L) | Rs 4.44 Cr | Rs 995.72 Cr | 224.26x |
| bNII (above Rs 10L) | Rs 8.88 Cr | Rs 3,232.53 Cr | 364.02x |
| IND | Rs 31.02 Cr | Rs 8,158.62 Cr | 263.01x |
| Total | Rs 62.04 Cr | Rs 15,550.16 Cr | 250.65x |
Monarch Surveyors SME IPO Subscription by Shares
Category-wise subscription based on shares bid. Application-wise bid counts are not available for this IPO yet.
| Category | Shares Offered | Shares Bid | Subscription |
|---|---|---|---|
| QIB | 7,08,000 | 12,67,38,600 | 179.01x |
| NII | 5,32,800 | 16,89,22,800 | 317.05x |
| sNII (Rs 2L to Rs 10L) | 1,77,600 | 3,98,28,600 | 224.26x |
| bNII (above Rs 10L) | 3,55,200 | 12,93,01,200 | 364.02x |
| IND | 12,40,800 | 32,63,44,800 | 263.01x |
| Total | 24,81,600 | 62,20,06,200 | 250.65x |
What Do These Subscription Numbers Mean?
A subscription of 250.65x by shares means the IPO received bids for 251 times the shares reserved. Allotment odds depend on application count in each category, not share volume.
Here is what each category number tells you:
QIB at 179.01x by shares: This is the strongest signal on the page. QIBs are institutional investors, mutual funds, foreign institutions, and banks. When they subscribe at 179.01x, it reflects serious institutional conviction.
NII at 317.05x by shares: NII includes high net worth individuals applying above Rs 2 lakh. Proportional allotment uses application subscription.
Retail at 263.01x by shares: Allotment is by lottery, but application-wise data is needed for accurate 1-in-X odds. Share oversubscription often overstates how hard allotment is.
Monarch Surveyors SME IPO Allotment Chances
Allotment odds below use application subscription (number of bids received), not share or amount subscribed.
Retail (IND)
- •Share subscription: 263.01x (application-wise data pending).
- •Allotment odds will be updated once application subscription is synced.
SHNI (Rs 2 lakh to Rs 10 lakh)
- •Share subscription: 224.26x (application-wise data pending).
- •Allotment odds will be updated once application subscription is synced.
BHNI (above Rs 10 lakh)
- •Share subscription: 364.02x (application-wise data pending).
- •Allotment odds will be updated once application subscription is synced.
Check the Monarch Surveyors SME IPO Allotment Status page from 25 July 2025 for your allotment result.
Monarch Surveyors SME IPO GMP After Subscription
GMP for Monarch Surveyors SME stands at Rs 210.00 today, giving an estimated listing price of Rs 460.00 per share.
The GMP has moved up from Rs 150.00 on 17 Jul 2025 to Rs 210.00 on 25 Jul 2025.
A subscription of 250.65x combined with a GMP of 84.00% is a strong combination heading into listing. QIB demand above 50x in particular tends to support listing sentiment, as institutional investors are seen as informed buyers.
Track live GMP on the Monarch Surveyors SME IPO GMP Today page or the IPOwiz Live IPO GMP Tracker.
Monarch Surveyors SME IPO Day-wise Subscription
| Day | QIB | NII | Retail | Overall |
|---|---|---|---|---|
| Day 1 - 22 Jul 2025 | 2.21x | 18.30x | 27.60x | 18.36x |
| Day 2 - 23 Jul 2025 | 11.89x | 82.15x | 92.60x | 67.33x |
| Day 3 - 24 Jul 2025 | 179.01x | 317.05x | 263.01x | 250.65x |
Monarch Surveyors SME IPO Key Dates
| Event | Date |
|---|---|
| IPO Open Date | 22 July 2025 |
| IPO Close Date | 24 July 2025 |
| Allotment Date | 25 July 2025 |
| Refund Initiation | 26 July 2025 |
| Share Credit to Demat | 26 July 2025 |
| Listing Date | 29 July 2025 |
| Minimum Investment | Rs 3,00,000.00 |
| Lot Size | 600 shares |
About Monarch Surveyors SME
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.
Understanding Subscription Categories
QIB - Qualified Institutional Buyers
Includes foreign institutional investors, domestic financial institutions, mutual funds, and other qualified institutions. QIB demand is considered the most reliable indicator of institutional confidence in an IPO.
NII - Non-Institutional Investors
High net worth individuals applying above Rs 2 lakh. Divided into bNII (above Rs 10 lakh) and sNII (Rs 2 lakh to Rs 10 lakh). NII allotment is proportional.
IND - Individual Investors
Investors applying up to Rs 2 lakh per PAN. Allotment is by lottery when oversubscribed. Minimum one lot per successful applicant.
Monarch Surveyors SME IPO Subscription FAQs
What is Monarch Surveyors SME IPO subscription status today?
Monarch Surveyors SME IPO subscription closed on 24 July 2025 with overall subscription of 250.65x (by shares) as of 27 June 2026, 2:01 AM IST. QIB 179.01x, NII 317.05x, IND 263.01x.
What is the overall subscription of Monarch Surveyors SME IPO?
Monarch Surveyors SME IPO is subscribed 250.65x overall by shares at close on 24 July 2025. QIB 179.01x, NII 317.05x, and IND 263.01x.
What is Monarch Surveyors SME IPO QIB subscription?
Monarch Surveyors SME IPO QIB (Qualified Institutional Buyers) subscription is 179.01x by shares. QIB includes mutual funds, FIIs, banks, and other institutions.
What is Monarch Surveyors SME IPO IND subscription?
Monarch Surveyors SME IPO IND subscription is 263.01x by shares. Minimum retail bid is up to Rs 2 lakh per PAN.
What is Monarch Surveyors SME IPO NII subscription?
Monarch Surveyors SME IPO NII (Non-Institutional Investors) subscription is 317.05x by shares. NII covers bids above Rs 2 lakh.
What are allotment chances in Monarch Surveyors SME IPO for retail?
Monarch Surveyors SME IPO retail share subscription is 263.01x. Application-wise data is needed for accurate lottery odds.
When is Monarch Surveyors SME IPO allotment date?
Monarch Surveyors SME IPO allotment date is 25 July 2025. Check Monarch Surveyors SME IPO Allotment Status on IPOwiz from that day using your PAN.
When does Monarch Surveyors SME IPO subscription close?
Monarch Surveyors SME IPO subscription closed on 24 July 2025. No new applications are accepted after the close.
What is Monarch Surveyors SME IPO GMP today?
Monarch Surveyors SME IPO GMP is ₹210 today (+84.00% over issue price ₹250). See live GMP on the Monarch Surveyors SME IPO GMP Today page.
What is Monarch Surveyors SME IPO issue price and lot size?
Monarch Surveyors SME IPO issue price is ₹250 per share. Lot size is 600 shares. Minimum investment is ₹3,00,000 per lot (minimum 2 lots for SME). Issue size: ₹88.58 Cr.
When is Monarch Surveyors SME IPO listing date?
Monarch Surveyors SME IPO listing date is 29 July 2025 on NSE and BSE. Allotment is on 25 July 2025.
How does subscription affect Monarch Surveyors SME IPO allotment?
Allotment odds in Monarch Surveyors SME IPO depend on application subscription in each category, not share volume. Retail uses lottery when oversubscribed. NII uses proportional allotment by applications. At 250.65x overall, competition is very high.
For allotment results from 25 July 2025, visit the Monarch Surveyors SME IPO Allotment Status page. For listing day updates on 29 July 2025, download the IPOwiz App.
Reviewed by Dinesh Agrawal
15+ years in Indian capital markets and IPO research. Subscription data verified before publish.