Monarch Surveyors Share Price Surges 68% on BSE SME Debut

Market Performance

Monarch Surveyors and Engineering Consultants made a strong debut on the BSE SME platform on July 29, with its shares listing at ₹421.25 — reflecting a 68.5% premium over the IPO price.

This bumper listing pushed the company's market capitalization to ₹596.32 crore on the very first day of trading.

Main News

• Monarch Surveyors concluded its Initial Public Offering (IPO) on July 24.
• The IPO garnered an overwhelming response, with a subscription rate of 231.43 times.
• Against an offer size of 26.88 lakh shares, the company received bids for a staggering 62.22 crore shares.
• Despite high expectations from the grey market—which anticipated 80% listing gains—the final premium stood slightly lower at 68.5%.

Company Details

Headquartered in Pune, Monarch Surveyors and Engineering Consultants operates in the infrastructure consultancy space.

The company is known for offering end-to-end services, including:

• Land Surveying
• Geospatial Mapping
• Technical Supervision

This holistic service suite allows Monarch to support infrastructure projects throughout their lifecycle.

With infrastructure emerging as a high-growth sector in India, Monarch’s pan-India presence and integrated capabilities position it strategically in the market.

Summary of the Article

• Monarch Surveyors share price opened at ₹421.25 on the BSE SME, a 68.5% premium.
• The IPO was subscribed 231.43 times, reflecting strong investor interest.
• The stock listing gave the company a market cap of ₹596.32 crore.
• Monarch offers services across surveying, mapping, and supervision for infrastructure projects.

Its nationwide presence and end-to-end offerings enhance its positioning in India’s infrastructure growth story.