Monarch Surveyors & Engineering Consultants Limited is a specialised civil engineering consultancy firm offering end-to-end solutions for large-scale infrastructure projects.
The company’s expertise spans:
- Topographic and Route Surveys
- Geo-technical and Traffic Investigations
- Design and Engineering
- GIS-based land planning and acquisition
- Detailed Project Reports (DPR) & Bid Process Management
Monarch plays a critical role in projects across roads, highways, railways, metros, water pipelines, transmission lines, and urban town planning. With a focus on integrating survey data, CAD and GIS analysis, and in-house technical insights, the company ensures precise, cost-effective, and timely project execution.
Over the years, Monarch has built a solid track record serving government bodies, corporates, and private developers, supporting them right from the feasibility stage to project completion.
As of March 31, 2024, the company had a strong team of 417 employees, underlining its capacity to handle multiple complex projects simultaneously.
Monarch Surveyors IPO – Details
| IPO Opening Date | 22 July 2025 |
| IPO Closing Date | 24 July 2025 |
| Issue Type | Book Built Issue IPO |
| Issue Size | Total Issue: 37,50,000 Shares Worth ₹93.75 Crore Fresh Issue: 37,50,000 Shares Worth ₹93.75 Crore |
| Face Value | ₹10 per equity share |
| IPO Price | ₹237 – ₹250 per share |
| Market Lot | 600 Shares |
| Min Order | 600 Shares [ 1 Lot ] |
| Listing At | BSE SME |
| Registrar | Bigshare Services Pvt Ltd |
| QIB Shares Offered | 50% |
| NII (HNI) Shares Offered | 15% |
| Retail Shares Offered | 35% |
Monarch Surveyors IPO – Date Schedule
| IPO Open Date | 22 July 2025 |
| IPO Close Date | 24 July 2025 |
| Basis of Allotment | 25 July 2025 |
| Initiation of Refund | 28 July 2025 |
| Credit of Shares to Demat | 28 July 2025 |
| IPO Listing Date | 29 July 2025 |
| Cut-off time for UPI mandate confirmation | 5 PM on July 24, 2025 |
Monarch Surveyors IPO – Lots Size & Price
| 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 |
Competitive Strengths
- Experienced Promoter and Management Team.
- Wide Range of Services.
- Wide Range of Client Base.
- Optimal Utilization of Resources.
Company Promoters
- Mr. Dattatraya Mohaniraj Karpe
- Mr. Sanjay Bhalchandra Vidwans
- Mr. Sunil Shrikrishna Bhalerao
- Mr. Bhartesh Rajkumar Shah
Company Financials
| Period | Total Revenue | Total Expense | Profit After Tax | Total Borrowings |
|---|---|---|---|---|
| 31 March 2023 | ₹72.72 Cr | ₹61.91 Cr | ₹8.59 Cr | ₹8.38 Cr |
| 31 March 2024 | ₹141.27 Cr | ₹100.41 Cr | ₹30.01 Cr | ₹12.96 Cr |
| 31 March 2025 | ₹155.66 Cr | ₹108.91 Cr | ₹34.83 Cr | ₹14.28 Cr |
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 (₹) | 33.47 | 24.61 |
| P/E (x) | 7.47 | 10.16 |
Object Of The Issue
| Objects of the Issue | Expected Amount (in Crore) |
|---|---|
| Funding capital expenditure requirement for the purchase of machinery. | ₹31.98 |
| Funding the Working Capital Requirement of the Company. | ₹30.00 |
| General Corporate Purposes |
✅Strengths
- Wide service range: surveys, design, GIS, land acquisition.
- Strong track record in roads, railways, metros & more.
- Experienced team & use of modern tech.
- Trusted by government and private clients.
⚠️Risks
- Heavy dependence on govt. projects.
- Project delays or cancellations can hit revenue.
- Sensitive to economic & policy changes.
- Need for constant tech upgrades.
Monarch Surveyors IPO Promoter Holding
| Pre Issue Share Holding | 98.42% |
| Post Issue Share Holding | 72.35% |
Monarch Surveyors IPO Prospectus
Company Contact Information
| Monarch Surveyors & Engineering Consultants Ltd. Monarch House, CTS No. 434/1, Near Kawade Petrol Pump, Ghorpadi Gaon, Hadapsar (N.V.), Haveli, Pune, Maharashtra, 411036 Phone: +91 9766509911 Email: cs@monarchpune.in Website: http://www.monarchconsultants.in/ |
Monarch Surveyors IPO Registrar
| Bigshare Services Pvt Ltd Phone: +91-22-6263 8200 Email: ipo@bigshareonline.com Website: https://ipo.bigshareonline.com/IPO_Status.html |
Monarch Surveyors IPO Lead Manager(s)
| 1. Beeline Capital Advisors Pvt Ltd |
Monarch Surveyors IPO FAQ
| What is Monarch Surveyors IPO? Monarch Surveyors IPO is a SME IPO. The issue is priced at ₹237 to ₹250 per equity share. The IPO is to be listed on BSE SME. |
| When Monarch Surveyors IPO will open? The IPO is to open on 22 July 2025 for QIB, NII, and Retail Investors. |
| What is Monarch Surveyors IPO Investors Portion? The investors’ portion for QIB – 50%, NII – 15%, and Retail – 35%. |
| How to Apply the Monarch Surveyors IPO? You can apply Monarch Surveyors IPO via ASBA online via your bank account. You can also apply for ASBA online via UPI through your stock brokers. You can also apply via your stock brokers by filling up the offline form. |
| How to Apply the Monarch Surveyors IPO through Angle One? Log in to Angle One Application with your credentials. Select the IPO. You will see the IPO Name “Monarch Surveyors IPO”. Click on Bid Button. Confirm your Application. Now go to your UPI App on Net Banking or BHIM App to Approve the mandate. Open Demat Account with Angle One. |
| How to Apply the Monarch Surveyors IPO through 5 Paisa? Log in to 5 Paisa Application with your credentials. Select the IPO. You will see the IPO Name “Monarch Surveyors IPO“. Click on Bid Button. Confirm your Application. Now go to your UPI App on Net Banking or BHIM App to Approve the mandate. Open Demat Account with 5 Paisa. |
| How to Apply the Monarch Surveyors IPO through Upstox? Log in to Upstox Application with your credentials. Select the IPO. You will see the IPO Name “Monarch Surveyors IPO”. Click on Bid Button. Confirm your Application. Now go to your UPI App on Net Banking or BHIM App to Approve the mandate. Open Demat Account with Upstox. |
| How to Apply the Monarch Surveyors IPO through IIFL? Log in to IIFL Application with your credentials. Select the IPO. You will see the IPO Name “Monarch Surveyors IPO“. Click on Bid Button. Confirm your Application. Now go to your UPI App on Net Banking or BHIM App to Approve the mandate. Open Demat Account with IIFL. |
| What is the Monarch Surveyors IPO Size? Monarch Surveyors IPO size is ₹93.75 Crore. |
| What is the Monarch Surveyors IPO Price Band? Monarch Surveyors IPO Price Band is ₹237 to ₹250. |
| What is Monarch Surveyors IPO Minimum and Maximum Lot Size for Retail? The minimum bid is 1200 Shares with ₹3,00,000 amount, while the maximum bid is 1200 Shares with ₹3,00,000. |
| What is the Monarch Surveyors IPO Allotment Date? Monarch Surveyors IPO allotment date is 25 July 2025. |
| What is the Monarch Surveyors IPO Listing Date? Monarch Surveyors IPO listing date is 29 July 2025. The IPO is to be listed on the BSE SME. |
