Monarch Surveyors & Engineering Consultants Limited IPO...
19 Jul, 2025
Monarch Surveyors & Engineering Consultants Limited IPO
Monarch Surveyors & Engineering Consultants Limited, who provide end-to-end consultancy for infra projects, is launching their bookbuilding IPO with a valuation of ₹93.75 crores with a price band set at ₹237 to ₹250 per share. Monarch Surveyors IPO opens 22nd July, 2025 and is going to be closed on 24th July, 2025. The allotment is expected to be finalised on 25th July, 2025 to be listed on BSE SME. The lot size investment required by any applicant is 600. Lot size investment for retail investors is ₹2,84,400 and for HNIs is ₹4,50,000.
Company Background
Monarch Surveyors was incorporated in 1999 and established itself as a leading infrastructure consultancy firm in order to deliver services across various sectors like transportation, urban planning, environment, water, and industrial sectors. In addition to that the company also caters to multiple government bodies like the Road Authorities, Railways, Municipal bodies and private entities across the country.
Operations and Product Range
Facility and Production
Monarch Surveyors is headquartered in Pune and utilises technological services like high topographical, LiDAR surveys and DGPS for accuracy in planning. They ensure end-to-end coordination in a project to provide timely project delivery without hampering its quality.
Brand and Market Presence
The company provides its services to various industrial sectors as well as government bodies like Road authorities, municipal bodies and Railways. Monarch Surveyors provides engineering and industrial services like Geotechnical Investigations, Feasibility studies, Detail Project Report (DPR), Urban Planning, Project Management Consultancy, Environment & EIA Studies and many more.
Revenue Channels
Monarch Surveyors generates its primary revenue from its comprehensive engineering consultancy services for infrastructure projects. Their DRPs for roadway projects accounted for most of the company’s revenue in FY25. Monarch Surveyors registered a growth of 10% between FY24 to FY25.
Management & Shareholding
Promoters & Shareholding
The Monarch Surveyors IPO is promoted by Mr. Dattatraya Mohaniraj Karpe, Mr. Sanjay Bhalchandra Vidwans, Mr. Sunil Shrikrishna Bhalerao and Mr. Bhartesh Rajkumar Shah
Board Members
The board includes both executive and Non-executive members such as Mr. Dattatraya Mohaniraj Karpe (Managing Director), Mr. Anil Sadashiv Shelar (Chairman & Independent Director), Mr. Sanjay Bhaskarrao Mahashabde (Independent Director), Mr. Sakharam Bhagwanrao Tamsekar (Independent Director), Mr. Bhartesh Rajkumar Shah (Whole Time Director), Mr. Sunil Shrikrishna Bhalerao (Whole Time Director), Mr. Sanjay Bhalchandra Vidwans (Whole Time Director), Ms. Naman Kaur Saluja (Company Secretary & Compliance Officer), and Supriya Suresh Chougule (CFO)
WHAT IS GMP?
GMP (Grey Market Premium) is the difference between the IPO price and the grey market price. It is the premium amount paid for the traded IPO shares. It plays an important role in IPOs as it reflects how the IPO would react on the listing day.
A grey market is a place where shares/stocks are traded before being listed officially on the stock exchange.
Monarch Surveyors & Engineering Consultants Limited IPO
| GMP Date | IPO Price | GMP | Last Updated |
|---|---|---|---|
| - | - | - | - |
**The GMP prices displayed here are solely for informational purposes related to the grey market news. India IPO does not engage in or facilitate grey market trading, nor are these rates (sub2) indicative of any trading activity. We also do not recommend or endorse participation in the grey market.**
Monarch Surveyors & Engineering Consultants Limited IPO Details
| Detail | Description |
|---|---|
| IPO Date | July 22, 2025 to July 24, 2025 |
| Listing Date | - |
| Face Value | ₹10 per share |
| Issue Price Band | ₹237 to ₹250 per share |
| Lot Size | 600 Shares |
| Sale Type | Fresh Capital |
| Total Issue Size | 37,50,000 shares (aggregating up to ₹93.75 Cr) |
| Reserved for Market Maker | 2,07,000 shares (aggregating up to ₹5 Cr) |
| Net Offered to Public | 35,43,000 shares (aggregating up to ₹88.58 Cr) |
| Issue Type | Bookbuilding IPO |
| Listing At | BSE SME |
| Share Holding Pre Issue | 1,04,06,000 shares |
| Share Holding Post Issue | 1,41,56,000 shares |
Monarch Surveyors & Engineering Consultants Limited IPO Timeline
| Detail | Description |
|---|---|
| IPO Open Date | Tue, Jul 22, 2025 |
| IPO Close Date | Thu, Jul 24, 2025 |
| Tentative Allotment | Fri, Jul 25, 2025 |
| Initiation of Refunds | Mon, Jul 28, 2025 |
| Credit of Shares to Demat | Mon, Jul 28, 2025 |
| Tentative Listing Date | Tue, Jul 29, 2025 |
| Cut-off time for UPI mandate confirmation | 5 PM on July 24, 2025 |
Monarch Surveyors & Engineering Consultants Limited IPO Lot Size
| Application | Lots | Shares | Amount |
|---|---|---|---|
| Individual investors (Retail) (Min) | 2 | 1,200 | ₹3,00,000 |
| Individual investors (Retail) (Max) | 2 | 1,200 | ₹3,00,000 |
| S-HNI (Min) | 3 | 1,800 | ₹4,50,000 |
| S-HNI (Max) | 6 | 3,600 | ₹9,00,000 |
| B-HNI (Min) | 7 | 4,200 | ₹10,50,000 |
Monarch Surveyors & Engineering Consultants Limited IPO Promoter Holding
| Share Holding Pre Issue | Share Holding Post Issue |
|---|---|
| 98.42% | 72.35% |
Competitive Strength:
- 1. The company comprises an experienced and significant promoter and management team of individuals.
- 2. Monarch Surveyors provide a wide range of services to a high profile clientele having industrial background as well as to government bodies.
- 3. They emphasize on an optimal utilization of resources.
Monarch Surveyors & Engineering Consultants Limited IPO Financial Information
| Period Ended | Assets | Revenue | Profit After Tax | Net Worth | Total Borrowing | |||||||||||||||||||||||||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 31 Mar 2025 | 148.06 | 155.66 | 34.83 | 108.8 | 14.29 | |||||||||||||||||||||||||||||||||||
| 31 Mar 2024 | 102 | 141 | 30 | 74 | 12.96 | |||||||||||||||||||||||||||||||||||
| 31 Mar 2023 | 64.51 | 72.72 | 8.59 | 43.96 | 8.37 | |||||||||||||||||||||||||||||||||||
| Amount in ₹ Crore | ||||||||||||||||||||||||||||||||||||||||
Key Performance Indicator
| KPI | Values |
|---|---|
| ROE | 32.01% |
| ROCE | 39.59% |
| Debt/Equity | 0.13 |
| RoNW | 32.01% |
| PAT Margin | 22.60% |
| EBITDA Margin | 33.15% |
| Price to Book Value | 2.39 |
| Pre IPO | Post IPO | |
|---|---|---|
| EPS (Rs) | 33.47 | 25 |
| P/E (x) | 7.47 | 10 |
The Objective of Monarch Surveyors IPO :
Proceeds from the Monarch Surveyors IPO will be utilised to provide funding for capital expenditure that would go into purchasing machinery, to fulfill requirements of the working capital and also to fund the firm’s general corporate requirements.
Conclusion :
Monarch Surveyors IPO gives a chance to its investors to participate in a company that offers expert engineering consulting solutions to various industry-based clients and government bodies, making the company a notable player in the engineering consultancy industry.
RHP:
DRHP:
Read more :
Frequently asked Questions (FAQs )
-
What is the Monarch Surveyors IPO issue size and price?
Monarch Surveyors & Engineering Consultants Limited are launching their bookbuilding IPO with a valuation of ₹93.75 crores, with a price band set at ₹237 to ₹250 per share.
-
What is the opening date for the Monarch Surveyors IPO?
Monarch Surveyors IPO opens for subscription on July 22, 2025 and closes on July 24, 2025.
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What is the minimum investment required by retail investors?
The minimum lot size investment for retail investors is ₹2,84,400 (1,200 shares).
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Who are the promoters of Monarch Surveyors IPO?
The promoters of the Monarch Surveyors Initial Public Offering (IPO) are Mr. Dattatraya Mohaniraj Karpe, Mr. Sanjay Bhalchandra Vidwans, Mr. Sunil Shrikrishna Bhalerao and Mr. Bhartesh Rajkumar Shah.
