Archive · 25 Jul 2025
Monarch Surveyors IPO Closes, Oversubscribed By Over 100 Times
Imagine a company called Monarch Surveyors that helps build things like roads and buildings.
They decided to sell some of their company to the public to get money, which is called an IPO.
They hoped to raise about 93.75 crore rupees.
People who wanted to buy a part of the company could pay between 237 and 250 rupees per share.
Lots of people wanted to buy, more than 100 times the number of shares available, especially individuals and non-institutional investors.
The IPO closed on July 24, 2025.
Monarch Surveyors IPO closed on July 24, 2025.
The IPO aimed to raise ₹93.75 crore through a fresh issue of 37.50 lakh equity shares.
Shares were priced between ₹237 and ₹250 per equity share.
The IPO received significant demand, exceeding 100 times subscription.
Monarch Surveyors is a civil engineering consultancy founded in 1992.
- Who
- Monarch Surveyors and Engineering Consultants Limited, a civil engineering consultancy firm.
- What
- Monarch Surveyors and Engineering Consultants Limited launched an IPO to raise funds.
- When
- The IPO opened on July 22, 2025 and closed on July 24, 2025.
- Where
- Mumbai, India.
- Why
- To raise ₹93.75 crore through a fresh issue of equity shares.
- Company
- Monarch Surveyors and Engineering Consultants Limited
- Industry
- Civil Engineering Consultancy
- Founded
- 1992
- IPO Open Date
- July 22, 2025
- IPO Close Date
- July 24, 2025
- Funds Targeted
- ₹93.75 crore
- Share Price
- ₹237 - ₹250