IPO Schedule
1
Open
22 Jul
2
Close
24 Jul
3
Allotment
-
4
Listing
29 Jul
Monarch Surveyors & Engineering Consultants IPO
Issue:₹250
List:₹421.25
CMP:₹183
BSELot: 600SME
LISTEDSME
Issue Price₹250
Listing₹421.25
Current₹183
Content
About Monarch Surveyors & Engineering Consultants
Monarch Surveyors & Engineering Consultants provides comprehensive surveying, engineering, and consulting services across various infrastructure projects. Their services span from initial planning and design to execution and project management, catering to both government and private sector clients.
Subscription Status
QIB
2.21x
NII
18.30x
Retail
27.60x
| Category | Day 3 | Day 2 | Day 1 |
|---|---|---|---|
| QIB | 179.01x | 11.89x | 2.21x |
| NII | 317.05x | 82.15x | 18.30x |
| Retail | 263.01x | 92.60x | 27.60x |
| Total | 250.65x | 67.33x | 18.36x |
Risk Factors
•SME IPOs are generally more volatile and carry higher risk compared to mainboard IPOs.
•Dependence on infrastructure development projects makes the company vulnerable to economic downturns and government policy changes.
•Competition from larger, more established players in the surveying and engineering consulting industry.