Monarch Surveyors and Engineering Consultants Limited
Bookbuilding IPO · BSE
- Price band
- ₹237 - ₹250
- Lot size
- 600 shares
- Issue amount
- ₹93.75 cr
- Total subscription
- 250.65×
- Opens
- 22 Jul 2025
- Closes
- 24 Jul 2025
- Allotment
- 25 Jul 2025
- Listing
- 29 Jul 2025
Offer at a glance
Issue overview
- Issue size
- 37,50,000 shares
- Face value
- ₹10 per share
- Minimum investment
- ₹1,42,200
- Fresh issue
- ₹93.75 cr
- Offer for sale
- ₹0 cr
- Registrar
- Bigshare Services Private Limited
- Listing exchange
- BSE
- Maximum investment
- ₹1,50,000
- Issue type
- Bookbuilding IPO
- Shares before issue
- 1,04,06,000
- Shares after issue
- 1,41,56,000
Lot sizes
| Category | Lots | Shares | Amount |
|---|---|---|---|
| RETAIL | 2 | 1,200 | ₹3,00,000 |
| sHNI | 3 | 1,800 | ₹4,50,000 |
| bHNI | 7 | 4,200 | ₹10,50,000 |
Share reservation
Subscription & GMP
Subscription by category
Missing multiples are calculated from bids and offered shares when available.
GMP history
Application-wise demand
| Category | Reserved applications | Applied applications |
|---|---|---|
| HNIs (10L+) | 197 | 26,143 |
| HNIs (3-10L) | 98 | 20,622 |
| RETAIL | 1,034 | 2,71,954 |
Subscription demand
Amounts in ₹ crore. HNI subcategories are included in the NII total.
| Category | Offered | Demand |
|---|---|---|
| QIBs | 17.7 | 0 |
| RETAIL | 31.02 | 7.17 |
| HNIs 2+ | 4.41 | 1.08 |
| HNIs 10+ | 8.91 | 7.32 |
Financial performance
Company financials
In Crores · Reported periods may include interim results.
Key performance indicators
| Metric | Mar-25 | Mar-24 | Mar-23 |
|---|---|---|---|
| EPS | 33.47 | 28.84 | 8.25 |
| ROE | 32.01 | 40.57 | 19.54 |
| ROCE | 39.59 | 48.54 | 22.2 |
| RONW | 0 | 0 | 0 |
| PRE IPO(PE) | 7.47 | 0 | 0 |
| POST IPO(PE) | 10.16 | 0 | 0 |
Values and labels as reported in the issue data.
Company information
Company profile
Monarch Surveyors & Engineering Consultants Limited, established in 1992, is a civil engineering consultancy firm that offers a wide range of services. These include topographic surveys, project management, design and engineering, geotechnical investigations, land acquisition support, GIS mapping, and feasibility studies. The company has worked on several major projects in sectors such as railways, roads, ports, and oil and gas. It provides expert consultancy for infrastructure projects, covering areas like surveying, technical supervision, land planning, and geospatial mapping to ensure smooth and precise project execution. As of March 31, 2024, the company employs a total of 417 people.
Strengths
- Robust Management Team: Experienced leaders provide strategic guidance and drive operational excellence
- Comprehensive Service Portfolio: Diverse offerings support execution of complex projects across multiple sectors
- Diverse and Loyal Clientele: Strong relationships with public and private clients ensure steady business momentum
Risk factors
- Government Tender Reliance: Business revenue is significantly tied to government contracts, posing risks from competitive bidding and project cancellations
- Confidential Information Exposure: Managing sensitive data brings potential operational and reputational threats if security is compromised
- System Dependence Risk: Operational continuity is at risk due to high reliance on software systems, which may face unexpected failures
Promoters
Mr. Dattatraya Mohaniraj Karpe
Mr. Sanjay Bhalchandra Vidwans
Mr. Sunil Shrikrishna Bhalerao
Mr. Bhartesh Rajkumar Shah
Registrar & documents
Lead manager
Beeline Capital Advisors Private Limited
Registrar & contacts
Bigshare Services Private Limited
[email protected]Official registrar portal ↗IPO allotment status guide →Registered office
Monarch House, CTS No. 434/1, Near Kawade Petrol Pump, Ghorpadi Gaon, Hadapsar (N.V.), Haveli,
+91 9766509911
[email protected]Company website ↗Understanding MSECL IPO data
Compare the price band and required investment with the company profile, financial results and offer documents. Subscription figures show reported demand by category; they do not establish the value of the business. GMP is an unofficial indication and can change before listing.