Monarch Surveyors IPO opens on July 22 with a whopping 58–64% GMP. Understand IPO basics, estimated listing gains, allotment timeline, pros, cons, and whether it’s worth applying.
🏢 Monarch Surveyors IPO GMP Today: Everything You Should Know
Monarch Surveyors & Engineering Consultants Ltd, a Pune-based civil engineering consultancy, launched its ₹93.75 crore IPO on July 22, 2025, with the subscription window running until July 24. However, market buzz around Monarch IPO GMP (Grey Market Premium) is grabbing headlines—Currently estimated around 58–64%, indicating expected gains at listing.Samco+6Angel One+6Navbharat Times+6
📌 IPO Snapshot
| Detail | Information |
|---|---|
| Price Band | ₹237 to ₹250/share Zerodha+12Business Standard+12Samco+12 |
| Issue Size | ₹93.75 Cr (37.5 lakh fresh shares) ET NowMoneycontrol |
| Lot Size | 600 shares (min ₹1,50,000) Business StandardMoneycontrol |
| Subscription Dates | July 22 – 24, 2025 Business StandardSamco |
| Allotment Date | July 25 or 28, 2025 SamcoMoneycontrol |
| Listing Date | July 29, 2025 on BSE SME Business StandardSamco |
| GMP Range | 58%–64% premium (₹138–₹160) The Economic TimesThe Economic Times |
💰 Interpreting the GMP: Why Is It So High?
- Strong Investor Interest
GMP surged to 64% even as subscription hit 4.47x on day 1—reflecting high demand.IPO Premium+14ipo.mnclgroup.com+14The Economic Times+14The Economic Times+1The Economic Times+1 - Robust Financial Track Record
- FY 2025 revenue: ₹155.6 Cr (10% YoY growth)
- PAT: ₹34.83 Cr (16% YoY growth)
- EPS: ₹33.47/share; P/E ratio of ~7.5x (pre-IPO)a2zipo.com+1Business Standard+1a2zipo.com+3IPO Premium+3Business Standard+3
- Sector Strength & Execution Credibility
The firm offers specialized geo‑spatial surveys, mapping, DPRs, and supervision services across railways, roads, metros, and oil & gas sectors. Its diversified expertise and repeat clientele boost investor confidence.Zerodha+2Business Standard+2IPO Premium+2
🧠 What This Means for Investors
- Potential Listing Gains:
With GMP at 58–64%, listed price could hit ₹375–₹410+, given the ₹237–₹250 range. - Short-Term:
High GMP suggests speculative upside, but grey market premiums are volatile and informal. - Mid to Long Term:
If the company scales operations and completes capital expenditure objectives (machinery, working capital), valuations stand to improve. Monitor regional concentration risk (major revenue from Maharashtra) and tender dependency as key risks.The Economic Times+1The Economic Times+1Zerodha+11IPO Premium+11The Economic Times+11Zerodha
🙋 FAQs
Q1: What is GMP and why does it matter?
Grey Market Premium reflects demand for unlisted shares. It hints at likely listing price but is not guaranteed.
Q2: Why is Monarch Surveyors’ IPO GMP so high?
A strong first-day subscription (4.47×) and healthy financials (EPS ₹33.47, PAT ₹34.8 Cr) fuel investor optimism.Business Standard+3IPO Premium+3The Economic Times+3
Q3: When will the shares be allotted and listed?
Allotment expected around July 25–28, 2025 and listing on BSE SME on July 29, 2025.a2zipo.com+6Samco+6Angel One+6
Q4: If GMP is ₹150/share, what does that imply on listing?
Assuming IPO price ₹250, listing around ₹400 implies ~60% gain. But note, grey market rates may change.
✅ Final Thoughts
A 58–64% GMP indicates strong confidence in the IPO. For short-term traders, potential listing gains look attractive—but uncertainty around grey-market trading means caution is necessary. Long-term investors should weigh the fundamentals: consistency in contracts, client diversity, and debt control.
⚠️ Disclaimer
This content is for information only, not investment advice. GMP is unofficial and may change rapidly. See a SEBI-registered advisor before applying.
