Archive · 25 Jul 2025
Monarch Surveyors IPO Attracts Strong Bids; Listing July 29
A company called Monarch Surveyors & Engineering Consultants offered shares to the public for the first time.
Many investors wanted to buy these shares, more than 250 times the number available!
The company was trying to raise money for its business.
The shares cost Rs 250 each.
People could buy at least 600 shares at a time.
If you applied, you can find out if you got any shares by checking the websites of the stock exchange or the company's registrar.
The company is expected to start trading on the stock market on July 29.
Monarch Surveyors & Engineering Consultants' IPO saw strong investor response.
The IPO was oversubscribed 250.65 times, attracting bids worth Rs 15,550 crore.
Shares were offered at Rs 250 each with a minimum application of 600 shares.
Tentative listing date on the BSE SME platform is Tuesday, July 29.
GMP for the company's shares is Rs 210.
- Who
- Monarch Surveyors & Engineering Consultants, a civil engineering consultancy firm.
- What
- An IPO for Monarch Surveyors & Engineering Consultants.
- When
- The IPO was bid between July 22 and July 24. Listing is expected July 29.
- Where
- BSE SME platform.
- Why
- To raise capital through a fresh share sale.
- Company
- Monarch Surveyors & Engineering Consultants
- Issue Price
- Rs 250 per share
- Lot Size
- 600 shares
- Total Raised
- Rs 93.75 crore
- Subscription
- 250.65 times
- Listing Date
- July 29 (tentative)
- GMP
- Rs 210 per share