Latest news with #MonarchSurveyors&EngineeringConsultantsLtd
Mint
25-07-2025
- Business
- Mint
Monarch Surveyors IPO allotment date in focus. Latest GMP, steps to check share allotment status online of SME IPO
Monarch Surveyors IPO Allotment: The initial public offering (IPO) of civil engineering consultancy company, Monarch Surveyors & Engineering Consultants Ltd, received exceptional demand. As the bidding has ended, investors watch out for Monarch Surveyors IPO date, which is expected to be fixed soon. The public issue was open from July 22 to 24. Monarch Surveyors IPO allotment date is likely today, 25, July 2025, Friday. Whereas, Monarch Surveyors IPO listing date is expected to be July 29. As the issue is an SME IPO, the equity shares of the company will be listed on BSE SME. The company is expected to finalise the Monarch Surveyors IPO allotment status soon. Once the Monarch Surveyors IPO allotment is fixed, the company will then credit the equity shares into the demat accounts of eligible allotment holders, and initiate refund on the same day. Investors can check Monarch Surveyors IPO allotment status online through the BSE website or the official portal of IPO registrar. Bigshare Services Pvt Ltd is the IPO registrar. In order to do Monarch Surveyors IPO allotment status online check, investors must follow of a few simple steps mentioned below: Step 2] Select 'Equity' in the Issue Type Step 3] Choose 'Monarch Surveyors & Engineering Consultants Limited' in the Issue Name dropdown menu Step 4] Enter either Application No. or PAN Step 5] Verify by ticking on 'I am not robot' and click on 'Search' Your Monarch Surveyors IPO allotment status will be displayed on the screen. Step 1] Visit the web portal of Bigshare Services here - Step 2] Select 'Monarch Surveyors & Engineering Consultants Limited' in the Select Company dropbox Step 3] Choose among - Application Number/CAF No, Beneficiary ID, or PAN Step 4] Enter the details as per the option selected Step 5] Fill the captcha and hit on 'Search' Your Monarch Surveyors IPO allotment status will be displayed on the screen. Monarch Surveyors shares are available at a strong grey market premium (GMP) today. According to market experts, Monarch Surveyors IPO GMP today is ₹ 210 per share. Monarch Surveyors IPO GMP today indicates that the estimated listing price of the equity shares would be ₹ 460 apiece, which is at a premium of 84% to the issue price of ₹ 250 per share. The bidding for Monarch Surveyors IPO commenced on July 22, and concluded on July 24. Monarch Surveyors IPO allotment date is likely today, 25 July 2025, and the Monarch Surveyors IPO listing date is likely July 29. The equity shares of the company will be listed on BSE SME. Monarch Surveyors IPO price band was fixed at ₹ 250 per share. The company raised ₹ 93.75 crore from the issue which was entirely a fresh issue of 37.50 lakh shares. The public issue received strong subscription, led by stellar demand across categories. Monarch Surveyors IPO was subscribed 250.65 times in total as the issue received bids for 62.20 crore equity shares as against 24.81 lakh shares on the offer. The IPO was subscribed 263.01 times in the individual investors category, 179.01 times in the Qualified Institutions Buyers (QIB)segment, and 317.05 times in the Non-Institutional Investors (NII) category. Beeline Capital Advisors Pvt Ltd is the book-running lead manager of the Monarch Surveyors IPO, while Bigshare Services Pvt Ltd is the IPO registrar. Disclaimer: The views and recommendations made above are those of individual analysts or broking companies, and not of Mint. We advise investors to check with certified experts before making any investment decisions.
News18
24-07-2025
- Business
- News18
Monarch Surveyors IPO GMP Rises: SME Issue Gets 105.72x Subscription On Day 3 So Far
Last Updated: Monarch Surveyors IPO GMP Today: The grey market premium has increased from 66% to 72%, indicating huge listing gains for investors. Monarch Surveyors IPO GMP Today: The initial public offering of Monarch Surveyors & Engineering Consultants Ltd is going to be closed today, Thursday, July 24. The price band of the BSE SME IPO, which aims to raise Rs 93.75 crore, has been fixed at Rs 250 per share. Till 11:34 am on the second day of bidding on Thursday, the issue received a 105.72 times subscription, garnering bids for 26,23,54,800 shares as against the 24,81,600 shares on offer. The retail and NII participation stood at 141.96x and 135.02x, respectively. The QIB category has received a 20.16x subscription. The IPO's grey market premium has increased from 66% to 72%, indicating huge listing gains for investors. The three-day IPO was opened on July 22. Monarch Surveyors & Engineering Consultants Ltd, founded in 1992, is a civil engineering consultancy firm offering end-to-end services across infrastructure sectors like roads, railways, ports, and oil & gas. Monarch Surveyors IPO GMP Today According to market observers, unlisted shares of Monarch Surveyors & Engineering Consultants Ltd are currently trading at Rs 430 against the IPO price of Rs 250. It means a grey market premium or GMP of 72%, indicating huge listing gains for investors. The GMP is based on market sentiments and keeps changing. 'Grey market premium' indicates investors' readiness to pay more than the issue price. Monarch Surveyors IPO Price And Lot Size The price of the SME IPO has been fixed at Rs 250 apiece. Its minimum lot size is 600. It means investors will have to apply for a minimum of 600 shares or in multiple thereof. Retail investors require a minimum capital of Rs 2,84,400 to apply for the IPO. Monarch Surveyors IPO Allotment And Listing Dates The basis of allotment of the Monarch Surveyors IPO will be finalised on July 25. Its shares will be listed on the BSE's SME platform, July 29. The IPO, which is a book-building of Rs 93.75 crore, is entirely a fresh issue of 37.50 lakh shares. Monarch Surveyors & Engineering Consultants Ltd's revenue rose 10% and profit after tax (PAT) increased 16% between the financial year ending with March 31, 2025 and March 31, 2024. Beeline Capital Advisors Pvt Ltd is the book-running lead manager of the Monarch Surveyors IPO, while Bigshare Services Pvt Ltd is the registrar for the issue. The market maker for Monarch Surveyors IPO is Spread X Securities Pvt Ltd. Disclaimer: Comments reflect users' views, not News18's. Please keep discussions respectful and constructive. Abusive, defamatory, or illegal comments will be removed. News18 may disable any comment at its discretion. By posting, you agree to our Terms of Use and Privacy Policy.
News18
23-07-2025
- Business
- News18
Monarch Surveyors IPO GMP: SME Issue Gets Over 32.85x Subscription On Day 2 So Far
The GMP of the Monarch Surveyors IPO currently stands at 68%, indicating blockbuster listing. Monarch Surveyors IPO GMP Today: The initial public offering of Monarch Surveyors & Engineering Consultants Ltd is witnessing its second day of bidding today, Wednesday, July 23. The price band of the BSE SME IPO, which aims to raise Rs 93.75 crore, was fixed at Rs 250 per share. Till 11:59 am on the first day of bidding on Wednesday, the issue received a 32.85 times subscription, garnering bids for 8,15,10,000 shares as against the 24,81,600 shares on offer. The retail and NII participation stood at 48.11x and 37.97x, respectively. The QIB category has received a 2.23x subscription. The IPO's grey market premium currently stands at 68%, indicating blockbuster listing. The three-day IPO will be closed on July 24. Monarch Surveyors & Engineering Consultants Ltd, founded in 1992, is a civil engineering consultancy firm offering end-to-end services across infrastructure sectors like roads, railways, ports, and oil & gas. According to market observers, unlisted shares of Monarch Surveyors & Engineering Consultants Ltd are currently trading at Rs 420 against its upper IPO price of Rs 250. It means a grey market premium or GMP of 68%, indicating strong listing gains for investors. The GMP is based on market sentiments and keeps changing. 'Grey market premium' indicates investors' readiness to pay more than the issue price. The price of the SME IPO has been fixed at Rs 250 apiece. Its minimum lot size is 600. It means investors will have to apply for a minimum of 600 shares or in multiple thereof. Retail investors require a minimum capital of Rs 2,84,400 to apply for the IPO. Monarch Surveyors IPO Allotment And Listing Dates The basis of allotment of the Monarch Surveyors IPO will be finalised on July 25. Its shares will be listed on the BSE's SME platform, July 29. The IPO, which is a book-building of Rs 93.75 crore, is entirely a fresh issue of 37.50 lakh shares. Monarch Surveyors & Engineering Consultants Ltd's revenue rose 10% and profit after tax (PAT) increased 16% between the financial year ending with March 31, 2025 and March 31, 2024. Beeline Capital Advisors Pvt Ltd is the book-running lead manager of the Monarch Surveyors IPO, while Bigshare Services Pvt Ltd is the registrar for the issue. The market maker for Monarch Surveyors IPO is Spread X Securities Pvt Ltd. Disclaimer: Comments reflect users' views, not News18's. Please keep discussions respectful and constructive. Abusive, defamatory, or illegal comments will be removed. News18 may disable any comment at its discretion. By posting, you agree to our Terms of Use and Privacy Policy.
