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  5. Monarch Surveyors IPO booked over 5 times so far on day 1; check price band, lot size and key dates

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Monarch Surveyors IPO booked over 5 times so far on day 1; check price band, lot size and key dates

Upstox
By Upstox News Desk

3 min read | Updated on July 22, 2025, 11:55 IST

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SUMMARY

Monarch Surveyors IPO seeks to raise ₹93.75 crore solely via a fresh issuance of 37.50 lakh shares. There is no offer for sale component.

Monarch Surveyors & Engineering Consultants provides comprehensive consultancy services. | Image: Pixabay

Monarch Surveyors & Engineering Consultants provides comprehensive consultancy services. | Image: Pixabay

Monarch Surveyors IPO: The initial public offering of civil engineering consultancy firm Monarch Surveyors & Engineering Consultants has been booked over 5 times until 11:50 am on the first day of subscription on Tuesday, July 22.

The initial share sale received bids for 1,36,27,200 shares compared to 26,88,600 shares on offer, according to data available on the BSE website.

CategoryReservedNo of Shares Bid ForNo of Times
Qualified Institutional Buyers7,08,0001,8000.00
Non-Institutional Investors7,39,80026,65,8003.60
Individual Investors12,40,8001,09,59,6008.83
Total26,88,6001,36,27,2005.07
Monarch Surveyors IPO seeks to raise ₹93.75 crore solely via a fresh issuance of 37.50 lakh shares. There is no offer for sale component.

The funds generated will be used to meet capital expenditure requirements, working capital needs and general corporate purposes.

Monarch Surveyors IPO: Price band and lot size

The price band has been fixed at ₹237 to ₹250 per share, and a lot consists of 600 shares. For individual investors (formerly retail investors), the minimum investment is 1,200 shares.

Monarch Surveyors IPO: Key dates

EventDate
Subscription periodJuly 22 to July 24
Basis of allotmentJuly 25
Initiation of RefundsJuly 28
Credit of Shares to DematJuly 28
Listing date on BSE SMEJuly 29

Beeline Capital Advisors is the issue's book-running lead manager, while Bigshare Services is the registrar.

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Monarch Surveyors IPO GMP

According to investorgain.com, the unlisted shares of Monarch Surveyors are trading at ₹415 per share, reflecting a grey market premium (GMP) of 66% over the upper price band of ₹250.
Disclaimer: Grey Market Premium, or GMP, is an unofficial indicator of market sentiment toward an IPO. It is not regulated by the stock exchanges or SEBI. Upstox neither supports nor encourages grey market trading. Investors are advised to conduct their own research or consult an expert before making any investment decisions.

About the company

Monarch Surveyors & Engineering Consultants provides comprehensive consultancy services from concepting to commissioning of infrastructure projects. It has expertise in various sectors, including surveying, technical supervision and design services. Its key areas of focus include roads and highways, geospatial and mapping, railways and metros, land acquisition, transmission lines and pipelines and water management.

To learn more about IPOs, their listings, schedules, and upcoming IPOs, visit our page.
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About The Author

Upstox
Upstox News Desk is a team of journalists who passionately cover stock markets, economy, commodities, latest business trends, and personal finance.