The issue will close on July 24, with allotment expected on July 25 and listing scheduled for July 29 on the BSE SME platform.
At the retail end, investors must apply for at least 1,200 shares (two lots), translating to a minimum investment of Rs 2.84 lakh.
The IPO is being managed by Beeline Capital Advisors, with Bigshare Services acting as registrar. Spread X Securities is the market maker.
Headquartered in Mumbai, Monarch Surveyors provides end-to-end civil engineering consultancy services across the infrastructure landscape — including roads, railways, ports, oil & gas, and urban transit systems.
Its offerings span surveying and mapping, geotechnical investigations, GIS-based land planning, engineering design, project reports, and bid process management.The company prides itself on precision, technical depth, and optimal resource utilisation — strengths that have helped it build a wide client base and execute high-stakes projects efficiently.Monarch Surveyors has seen consistent financial growth, with revenue rising 10% year-on-year to Rs 155.66 crore in FY25, while profit after tax surged 16% to Rs 34.83 crore.
The IPO proceeds are aimed at scaling operations. About Rs 32 crore will be used to fund capital expenditure for new machinery, Rs 30 crore for working capital needs, and the rest towards general corporate purposes.
With the grey market premium running at 64% over the upper band, the IPO has already generated strong investor appetite.
