Archive · 23 Jul 2025
Monarch Surveyors IPO Sees Strong Subscription, GMP Indicates Gains
Imagine a company called Monarch Surveyors is selling its shares to the public for the first time, which is called an IPO.
On the second day of people buying these shares, many more people wanted to buy them than were available – over 32 times more!
Each share costs Rs 250.
Experts think the shares might be worth a lot more when they start trading because of high demand.
This company provides engineering services.
The IPO is trying to collect about 93.75 crore rupees.
The shares will start trading on July 29.
Monarch Surveyors IPO saw over 32.85x subscription on its second day.
The IPO price is fixed at Rs 250 per share.
The grey market premium (GMP) is currently at 68%, indicating a potential strong listing.
The IPO aims to raise Rs 93.75 crore through a fresh issue of 37.50 lakh shares.
Listing is expected on the BSE SME platform on July 29.
- Who
- Monarch Surveyors & Engineering Consultants Ltd.
- What
- An IPO of Monarch Surveyors & Engineering Consultants Ltd is ongoing.
- When
- The IPO's second day was July 23, 2025; shares to be listed on July 29.
- Where
- BSE SME platform.
- Why
- To raise capital for the company.
Investors
Market Observers
Market Sentiment
Investors
Investors view this as a promising investment.
Market Observers
The GMP suggests a high demand for the shares.
- IPO Price
- Rs 250 per share
- Subscription
- Over 32.85x on day 2
- GMP
- 68%
- Total Funds Raised
- Rs 93.75 crore
- Listing Date
- July 29
- Lot Size
- Minimum 600 shares