The vibrant SME IPO 2025 segment continues to attract considerable attention in July 2025, offering a dynamic avenue for growth-oriented companies to secure crucial capital. Amid this active market, Monarch Surveyors & Engineering Consultants Ltd., a prominent civil engineering consultancy established in 1992, is preparing to launch its IPO on July 22, 2025. This move marks an important milestone for the company, as it seeks to tap into public markets to fuel its next phase of growth. As investors look for promising opportunities in India’s evolving economy, understanding such IPOs becomes key to making informed decisions.
This article explores the key aspects of Monarch Surveyors IPO Details, providing essential insights for potential participants.
About Monarch Surveyors & Engineering Consultant Ltd.
Monarch Surveyors & Engineering Consultants Limited, established in 1992, is a civil engineering consultancy firm. They provide services such as topographic surveys, project management, design and engineering, geotechnical investigations, land acquisition, GIS mapping, and feasibility studies.
The company has completed projects in railways, roads, ports, and oil & gas sectors. As of March 31, 2024, they have 417 employees. Their strengths include an experienced promoter and management team, diverse services and client base, and efficient resource utilisation.
The company’s broad service portfolio and extensive client base contribute to its competitive advantage. Their focus on optimal resource utilization further enhances their operational efficiency.
Monarch Surveyors Ltd. IPO Details
The Monarch Surveyors IPO details include it being a fresh issue of 37.50 lakh shares, aiming to raise ₹93.75 crore. The proceeds will be used for capital expenditure (specifically for purchasing machinery), working capital requirements, and general corporate purposes.
Important IPO Timeline
| Event | Date |
| IPO Open Date | Tue, Jul 22, 2025 |
| IPO Close Date | Thu, Jul 24, 2025 |
| Tentative Allotment | Fri, Jul 25, 2025 |
| Initiation of Refunds | Mon, Jul 28, 2025 |
| Credit of Shares to Demat | Mon, Jul 28, 2025 |
| Tentative Listing Date | Tue, Jul 29, 2025 |
| Cut-off time for UPI confirmation | 5 PM on July 24, 2025 |
Key IPO Details
| Particulars | Details |
| IPO Date | July 22, 2025 to July 24, 2025 |
| Listing Date | [.] |
| Face Value | ₹10 per share |
| Issue Price Band | ₹237 to ₹250 per share |
| Lot Size | 600 Shares |
| Sale Type | Fresh Capital |
| Total Issue Size | 37,50,000 shares (aggregating up to ₹93.75 Cr) |
| Reserved for Market Maker | 2,07,000 shares (aggregating up to ₹5.18 Cr) |
| Market Maker | Spread X Securities Private Limited |
| Net Offered to Public | 35,43,000 shares (aggregating up to ₹88.58 Cr) |
| Offer Type | Bookbuilding IPO |
| Listing At | BSE SME |
| Shareholding (Pre-Issue) | 1,04,06,000 shares |
| Shareholding (Post-Issue) | 1,41,56,000 shares |
Lot Size of Monarch Surveyors Ltd. IPO
| Application | Lots | Shares | Amount |
| Individual investors (Retail) (Min) | 2 | 1,200 | ₹3,00,000 |
| Individual investors (Retail) (Max) | 2 | 1,200 | ₹3,00,000 |
| S-HNI (Min) | 3 | 1,800 | ₹4,50,000 |
| S-HNI (Max) | 6 | 3,600 | ₹9,00,000 |
| B-HNI (Min) | 7 | 4,200 | ₹10,50,000 |
Monarch Surveyors Ltd. Financials
Monarch Surveyors & Engineering Consultants Ltd.’s revenue increased by 10% from ₹141 crore in FY24 to ₹154.14 crore in FY25. Their Profit After Tax (PAT) also rose by 16%, from ₹30 crore in FY24 to ₹34.83 crore in FY25.
Key Performance Indicators (as of Mar 31, 2025)
- Return on Equity (ROE): 32.01%
- Return on Capital Employed (ROCE): 39.59%
- Debt-to-Equity Ratio: 0.13
- Return of Net Worth (RoNW): 32.01%
- PAT Margin: 22.60%
- EBITDA Margin: 33.15%
- Price to Book Value: 2.39
Company Financial Snapshot
| Period Ended | 31 Mar 2025 | 31 Mar 2024 | 31 Mar 2023 |
| Assets | 148.06 | 102 | 64.51 |
| Revenue | 155.66 | 141 | 72.72 |
| Profit After Tax | 34.83 | 30 | 8.59 |
| EBITDA | 51.1 | 43 | 11.68 |
| Net Worth | 108.8 | 74 | 43.96 |
| Reserves and Surplus | 98.4 | 73.88 | 43.88 |
| Total Borrowing | 14.29 | 12.96 | 8.37 |
Monarch Surveyors Ltd.: Industry Outlook
- Strong Market Growth: India’s civil engineering market is projected for significant growth, driven by massive infrastructure development.
- Government-Led Initiatives: Strong government investments in projects like PM Gati Shakti are creating vast opportunities.
- Technological Advancements: The industry is embracing BIM, AI, and 3D printing for enhanced efficiency.
- Focus on Sustainability: Growing demand for green building practices and eco-friendly infrastructure.
- Diverse Project Pipeline: Opportunities extend across metro, airport, industrial, water, and renewable energy sectors.
Use of IPO Proceeds
For Monarch Surveyors & Engineering Consultants Ltd., the SME IPO 2025 proceeds from the fresh issue will be utilised for:
| S.No. | Objects of the Issue | Expected Amount
(in Millions) |
| 1 | Funding capital expenditure requirement for purchase of machinery | 320 |
| 2 | Funding Working Capital Requirement of the Company | 300 |
| 3 | General Corporate Purposes | Remaining |
Conclusion
Monarch Surveyors & Engineering Consultants Ltd.’s upcoming IPO presents an intriguing opportunity for investors looking to gain exposure to the growing civil engineering and consultancy sector. With a long-standing track record since its establishment in 1992, the company is strategically positioning itself for future growth by accessing public capital.
As with any investment, potential investors should carefully evaluate the company’s fundamentals, market outlook, and their individual financial goals before making a decision. With India’s infrastructure sector poised for further expansion, Civil Engineering Companies IPO- Monarch’s IPO could be a step toward capturing significant value in the years to come.
If you are exploring more investment opportunities, check out our dedicated page on upcoming IPO listings to stay updated on the latest market offerings.
