The bidding window for Monarch Surveyors SME IPO was open from July 22, 2025, to July 24, 2025.
The IPO received overwhelming response from all investor categories and got a total subscription of 231.43x.
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Monarch Surveyors IPO is a book-building issue of ₹93.75 crores, consisting entirely of a fresh issue of 37.50 lakh equity shares. The price band is set at ₹250 per share. The tentative listing on BSE SME is July 29, 2025.
Beeline Capital Advisors Pvt Ltd is the book-running lead manager, and Bigshare Services Pvt Ltd is the registrar for the issue.
The net proceeds from the fresh issue will be used to fund:
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(July 24, 2025, end of the day)
Category |
Subscription (times) |
Qualified Institutional Investors (QIBs) |
179.01 |
Non-Institutional Investors |
228.62 |
Retail Individual Investors (RIIs) |
263.01 |
Total |
231.43 |
As of 25 July 2025, Monarch Surveyors IPO GMP stood at ₹210. The expected listing price is ₹460, i.e., a gain of 84% per share.
Source: Business Standard Report dated 25 July, 2025 Disclaimer: The GMP (Grey Market Premium) price is an unauthenticated market related news and has no discernible basis. The same quoted above is as per news appeared in the media report and is for information purposes only. The investor shall do their own study/research before using the same for taking any decision to invest. We neither engage in, trade, or deal in the grey market nor we recommend or endorse trading in the grey market. |
Monarch Surveyors is a consultancy firm that offers end-to-end solutions for infrastructure development, covering all stages from conceptualisation to final commissioning. Their core services include surveying, engineering design, and technical supervision.
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