Monarch Surveyors & Engineering Consultants Ltd. is a civil engineering consultancy company, founded in 1992. The company offers services such as topographic survey, design, engineering, land acquisition and GIS mapping in railway, road, metro, ports and oil and gas sectors. It has 417 employees as of March 2024 and is known for its experienced management, wide client base and efficient project execution. Monarch’s SME book-building IPO is a completely fresh issue valued at ₹93.75 crore. The issue was open from 22 July to 24 July 2025 and is likely to be listed on BSE SME on 29 July.
In this blog you will know what is GMP, how the subscription was, how to check allotment, and when will the shares come in demat.
Monarch Surveyors & Engineering Consultants IPO – Key Details
| Particulars | Details |
|---|---|
| IPO Opening Date | July 22, 2025 |
| IPO Closing Date | July 24, 2025 |
| Price Band | ₹237 to ₹250 per share |
| Total Issue Size | ₹93.75 crore (37.5 lakh shares) |
| Listing Platform | BSE SME |
| Registrar | Bigshare Services Pvt Ltd |
Important Dates for Monarch Surveyors & Engineering ConsultantsIPO Allotment
| Event | Date |
|---|---|
| Allotment Date | July 25, 2025 |
| Initiation of Refunds | July 28, 2025 |
| Credit of Shares to Demat | July 28, 2025 |
| Tentative Listing Date | July 29, 2025 |
Monarch Surveyors & Engineering Consultants IPO Subscription Status
| Investor Category | Shares Offered | Shares Bid For | Subscription |
|---|---|---|---|
| Qualified Institutional Buyers (QIB) | 7,08,000 | 12,67,38,600 | 179.01x |
| Non-Institutional Investors (NII) | 5,32,800 | 16,89,22,800 | 317.05x |
| Retail Individual Investors (RII) | 12,40,800 | 32,63,44,800 | 263.01x |
| Total (Public) | 24,81,600 | 62,20,06,200 | 250.65x |
| Anchor Investors | 10,61,400 | 10,61,400 | 1x |
| Market Maker | 2,07,000 | 2,07,000 | 1x |
Monarch Surveyors & Engineering Consultants IPO GMP (Grey Market Premium)
GMP i.e. Grey Market Premium shows how much demand there is in the unlisted market for the IPO. This is the price above the issue price at which investors are willing to buy shares.
What is the current GMP of Monarch Surveyors & Engineering Consultants?
According to the InvestorGain website, the Grey Market Premium of Monarch Surveyors IPO currently remains around ₹210. This is a strong indication that the share price can reach above ₹460 at the time of listing, which has greatly increased the expectations of investors.
What does GMP indicate ?
GMP directly reflects market sentiment. If GMP is high, it shows that investors expect listing gains of the company. However, this is an unofficial figure and changes are possible.
Important advice for investors
GMP is definitely a useful indicator, but investment decisions should not be taken only on this basis. It is also important to keep in mind factors like company fundamentals, financial data and sector growth.
How to Check Monarch Surveyors & Engineering Consultants IPO Allotment Status
Monarch Surveyors & Engineering Consultants Ltd is a BSE SME IPO, hence allotment status is not available on NSE website. Investors need to use Registrar or BSE website to check allotment.
Method 1: Via Registrar Website (Bigshare Services Pvt. Ltd.)
The allotment status of Monarch Surveyors IPO is first available on its registrar website. The registrar is Bigshare Services Pvt. Ltd., which manages the allotment process of SME IPO.
Step-by-step process :
- Open the website: Click Here
- Select “Monarch Surveyors & Engineering Consultants Ltd” from the dropdown.
- Enter the details either Application No., PAN or DP ID/Client ID.
- Click on the “Search” button.
- Your allotment status will be displayed on the screen (Allotted / Not Allotted).
Method 2: Through BSE Website
If you want to check through BSE website, follow the steps given below:
- Open the official website of BSE
- Select the “Equity” option.
- Select “Monarch Surveyors & Engineering Consultants Ltd” in IPO Name (when available).
- Enter your PAN number or Application Number.
- Click on “Search” and view the allotment status.
What to Do After Allotment?
If shares are allotted :
If you get shares in the Monarch Surveyors IPO, these shares will start appearing in your Demat account by 28 July 2025. After this, you can sell them on the listing day on 29 July 2025 or hold them. There can be a lot of volatility in the price on the day of listing, so before trading, make sure to check the live market trend in your broker app. If GMP (Grey Market Premium) remains strong before listing, then listing gains can be taken advantage of.
If shares are not allotted :
If allotment is not done in your name, then your application amount will be unblocked by 28 July 2025. These funds will be unblocked in the same bank account from which you applied – i.e. account linked with UPI or Net Banking (ASBA).There is no need to fill any form for refund. You should keep checking your bank’s SMS or Email alert.
How to check updates?
You can use these methods to check allotment status, refund status and listing updates :
- Login to your account through your stockbroker app and check if the shares are visible.
- Check if the refund has been received through the UPI app.
- You can check allotment status on the official registrar site Bigshare Services Pvt Ltd or BSE website.
Conclusion
Monarch Surveyors & Engineering Consultants IPO is an SME category issue which will be listed only on the BSE SME platform. If you are allotted shares, they will be credited to your demat account by July 28, 2025 and listing will take place on July 29, 2025. On the other hand, if there is no allotment, your blocked amount will be refunded by July 28. For allotment status and refund updates, you can visit the website of Bigshare Services Pvt Ltd and BSE. Keeping an eye on updates keeps you informed about whether you are allotted shares or not during the IPO process, so that you can make informed investment decisions.
Frequently Asked Questions (FAQs)
What is the listing date of Monarch Surveyors IPO?
The listing date of this IPO is 29 July 2025.
How can I check the allotment status of this IPO?
You can check the allotment status by visiting the website of Bigshare Services with PAN or application number.
On which exchange will Monarch Surveyors IPO list?
This IPO will be listed only on BSE SME, not on NSE.
When will I receive shares in my Demat account?
If the shares are allotted, they will come to your demat account by 28 July 2025.
Who is the registrar for Monarch Surveyors IPO?
The registrar for this IPO is Bigshare Services Pvt Ltd.
