Monarch Surveyors IPO Closed: Oversubscribed with High Demand

Monarch Surveyors, a company that helps build things like roads, bridges, and buildings, recently offered shares to the public for the first time.

This is called an IPO.

They wanted to raise money to help them grow.

The company is based in Mumbai.

The IPO opened on July 22 and closed on July 24.

They were selling shares at a price between ₹237 and ₹250 each.

Lots of people wanted to buy these shares, so many times more people wanted them than there were available.

This shows that many people are interested in investing in the company.