Monarch Surveyors IPO Subscribed 67.33x on Day 2

Monarch Surveyors IPO subscribed over 67.33x on its Second day of subscription, wherein QIB subscribed 11.89x, NII subscribed 82.15x, and RII subscribed 92.60x.

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Monarch Surveyors IPO subscription started on Tuesday, July 22, 2025, and will close on July 24, 2025, as per the schedule. The price band is set at ₹237 to ₹250 per share with a face value of ₹10. 

Monarch Surveyors IPO Subscription Status

Monarch Surveyors IPO subscribed over 67.33x on its Second day till 05.00 PM on 23rd July 2025.

  • Monarch Surveyors IPO subscription QIB investors portion is 11.89x times, while NII subscribed 82.15x times, and RII investors subscribed 92.60x times.  
  • The company has received bids for 16,70,82,600 shares against 24,81,600  shares on offer on the Second day. 
  • Monarch Surveyors’ IPO subscribed over 67.33x times on day 2.
  • Monarch Surveyors’ IPO subscribed over 18.36x times on day 1. 

About Monarch Surveyors IPO

Founded in 1992, Monarch Surveyors & Engineering Consultants Limited is one of the growing civil engineering consultancy firms. The company provides a wide range of services across topographic surveys, project management consultancy, design and engineering, geotechnical investigations, land acquisition, GIS mapping, and feasibility studies, serving various sectors, including railways, roads, ports, and oil & gas. The company also provides consultancy services for infrastructure projects such as surveying, design, technical supervision, and land acquisition. Their work covers roads, highways, railways, metros, and geospatial mapping, making sure to offer accurate and smooth project execution. The company includes a total of 417 employees as of March 31, 2024.

Monarch Surveyors IPO Company Financial Report

The company reported revenue of ₹155.66 crores in 2025 against ₹141.27 crores in 2024. The company reported profit of ₹34.83 crores in 2025 against profit of ₹30.01 crores in 2024.

Monarch Surveyors IPO GMP

Monarch Surveyors’ IPO GMP was ₹165 as of Wednesday, 23rd July. That indicates the IPO is trading at ₹415 with a ₹165 premium in the grey market against the issue price of ₹250.

Disclaimer: This content is provided strictly for educational and informational purposes. The securities or investments mentioned are not to be considered as investment advice or recommendations. The Investors are advised to do their own research or connect with a financial advisor before making any investment decisions.