Monarch Surveyors IPO is launching a book-built IPO worth ā¹93.75 crores, comprising a fresh issue of 37.50 lakh equity shares.
The IPO will open for subscription on July 22, 2025, and close on July 24, 2025. The allotment is expected on July 25, 2025 (Friday), and the shares are proposed to be listed on the BSE SME platform on July 29, 2025 (Tuesday).
The price band for the IPO is set at ā¹237 to ā¹250 per share. Investors can apply in lots of 600 shares.
- For retail investors, the minimum investment required is ā¹2,84,400 (i.e., 1,200 shares).
- For HNI (High Net-Worth Individual) investors, the minimum application size is 3 lots, or 1,800 shares, totaling ā¹4,50,000.
Monarch Surveyors IPOĀ Details
| General | Detail |
|---|---|
| IPO Date | July 22, 2025 to July 24, 2025 |
| Listing Date | [.] |
| Face Value | ā¹10 per share |
| Issue Price Band | ā¹237 to ā¹250 per share |
| Lot Size | 600 Shares |
| Sale Type | Fresh Capital |
| Total Issue Size | 37,50,000 shares (aggregating up to ā¹93.75 Cr) |
| Reserved for Market Maker | 2,07,000Ā shares (aggregating up to ā¹5Ā Cr) |
| Net Offered to Public | 35,43,000 shares (aggregating up to ā¹88.58 Cr) |
| Issue Type | BookbuildingĀ IPO |
| Listing At | BSE SME |
| Share Holding Pre Issue | 1,04,06,000Ā shares |
| Share Holding Post Issue | 1,41,56,000 shares |
Monarch Surveyors IPO Lot Size
Investors can apply for a minimum of 1,200 shares and thereafter in multiples of 600 shares.
The table below outlines the minimum and maximum investment limits for Retail Individual Investors and HNIs, both in terms of share quantity and total investment amount.
| Application | Lots | Shares | Amount |
|---|---|---|---|
| Individual investors (Retail) (Min) | 2 | 1,200 | ā¹3,00,000 |
| Individual investors (Retail) (Max) | 2 | 1,200 | ā¹3,00,000 |
| S-HNI (Min) | 3 | 1,800 | ā¹4,50,000 |
| S-HNI (Max) | 6 | 3,600 | ā¹9,00,000 |
| B-HNI (Min) | 7 | 4,200 | ā¹10,50,000 |
Monarch Surveyors IPOĀ Promoter Holding
| Share Holding Pre Issue | 98.42% |
| Share Holding Post Issue | 72.35% |
Note : The value will be calculated using Equity Dilution = Share Holding Pre Issue – Share Holding Post Issue
Monarch Surveyors IPOĀ Timeline
| IPOĀ Timeline | Dates |
|---|---|
| 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 IPO Reservation
| Investor Category | Shares Offered |
|---|---|
| Market Maker Shares Offered | 2,07,000 (5.52%) |
| QIB Shares Offered | 17,69,400 (47.18%) |
| Ā Ā ā Anchor Investor Shares Offered | 10,61,400 (28.30%) |
| ā QIB (Ex. Anchor) Shares Offered | 7,08,000 (18.88%) |
| NII (HNI) Shares Offered | 5,32,800 (14.21%) |
| Retail Shares Offered | 12,40,800 (33.09%) |
| Total Shares Offered | 37,50,000 (100.00%) |
Investor Category Reservations
| Application Category | Bidding Limits |
|---|---|
| Only Individual investor (retail) | 2 lots |
| Only sNII | 3Ā lots – 6Ā lots |
| Only bNII | 7 lots and above |
Monarch Surveyors IPOĀ Anchor Investors Details
| Bid Date | July 21, 2025 |
| Shares Offered | 10,61,400 |
| Anchor Portion Size (In Cr.) | 26.54 |
| Anchor lock-in period end date for 50% shares (30 Days) | August 24, 2025 |
| Anchor lock-in period end date for remaining shares (90 Days) | October 23, 2025 |
About Monarch Surveyors IPO
Monarch Surveyors IPO is a fresh book-built issue of ā¹93.75 crore, consisting entirely of 37.50 lakh new equity shares. This IPO does not include any offer-for-sale (OFS), which means all funds raised will go directly to the company for its business expansion, working capital needs, and general corporate purposes. The issue is exclusively for the BSE SME platform, targeting small and mid-size investors.
The subscription window for the Monarch Surveyors IPO will open on July 22, 2025, and close on July 24, 2025. The basis of allotment is expected to be finalized on Friday, July 25, 2025, and the tentative listing date is Tuesday, July 29, 2025. The IPO is available in a price band of ā¹237 to ā¹250 per share, giving investors a moderate range to consider based on valuation and market demand.
Retail investors must apply for a minimum of 1,200 shares, while bids thereafter must be in multiples of 600 shares. This makes the minimum investment for retail participants ā¹2,84,400. For High Net-Worth Individuals (HNIs), the minimum application size is 3 lots (1,800 shares), amounting to ā¹4,50,000. The bidding system ensures structured participation across investor classes.
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Company Products
- Valuation Services for real estate, plant & machinery, infrastructure, and intangible assets.
- Project Management Consultancy including feasibility studies and project planning.
- Technical Advisory for banks, NBFCs, and financial institutions.
- Asset Verification & Inspection Reports as part of loan assessment processes.
- Litigation Support and expert witness services in valuation disputes.
Company Strengths
- Strong network of qualified valuers and engineers across India.
- Long-standing relationships with major public and private sector banks.
- Deep regulatory understanding and RBI-registered valuation credentials.
- Technology-enabled operations for faster, accurate reporting.
- Proven track record of timely delivery and large project handling.
- Well-diversified client base across financial institutions, corporates, and government bodies.
Company Financials
Monarch Surveyors IPO Financial Information
| Period Ended | 31 Mar 2025 | 31 Mar 2024 | 31 Mar 2023 |
| Assets | 148.06 | 102.12 | 64.51 |
| Revenue | 155.66 | 141.27 | 72.72 |
| Profit After Tax | 34.83 | 30.01 | 8.59 |
| EBITDA | 51.10 | 42.78 | 11.68 |
| Net Worth | 108.80 | 73.97 | 43.96 |
| Reserves and Surplus | 98.40 | 73.88 | 43.88 |
| Total Borrowing | 14.29 | 12.96 | 8.37 |
| Amount in ā¹ Crore | |||
Key Performance Indicator (KPI)
The market capitalization of Monarch Surveyors IPO is ā¹353.90 Cr.
| 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 | 24.61 |
| P/E (x) | 7.47 | 10.16 |
- Note:
- Pre-issue EPS is based on existing shareholding and FY 2025 earnings from the RHP.
- Post-issue EPS is based on expanded shareholding and annualized FY 2025 earnings as per the RHP.
Objects of the Issue
| S.No. | Objects of the Issue | Expected Amount (in Millions) |
|---|---|---|
| 1 | Funding capital expenditure requirement for purchase of machinery | 319.89 |
| 2 | Funding Working Capital Requirement of the Company | 300 |
| 3 | General Corporate Purposes |
Monarch Surveyors IPOĀ Contact Details
Monarch Surveyors & Engineering Consultants Ltd.Ā Contact Details
- Monarch Surveyors & Engineering Consultants Ltd.
Monarch House, CTS No. 434/1,
Near Kawade Petrol Pump, Ghorpadi Gaon,
Hadapsar (N.V.), Haveli,
Pune,Ā Maharashtra, 411036 - Phone:Ā +91 9766509911
- Email:Ā cs@monarchpune.in
- Website:Ā http://www.monarchconsultants.in/
Monarch Surveyors IPOĀ Registrar
- Bigshare Services Pvt Ltd
- Phone:Ā +91-22-6263 8200
- Email:Ā ipo@bigshareonline.com
- Website:Ā https://ipo.bigshareonline.com/IPO_Status.html
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