Monarch Surveyors IPO Subscribed 250.65x on Day 3, Backed by Massive NII & Retail Demand

Monarch Surveyors' initial public offering (IPO) has demonstrated exceptional investor demand through its third and final day of subscription, with Monarch Surveyors' stock price set at ₹250 per share reflecting overwhelming market reception. The ₹93.75 crore IPO surged dramatically to 250.65 times by 5:04:45 PM on day three, indicating extraordinary investor interest in this civil engineering consultancy firm incorporated in 1992.

Monarch Surveyors IPO non-institutional investors segment leads with phenomenal 317.05 times subscription, whilst individual investors demonstrate outstanding participation at 263.01 times and qualified institutional buyers show exceptional interest at 179.01 times, reflecting tremendous investor confidence in this company.

Monarch Surveyors IPO subscription reached an extraordinary 250.65 times on day three, led by NII (317.05x), Individual Investors (263.01x), and QIB (179.01x). Total applications reached 3,21,096.

Subscription Status of Monarch Surveyors IPO:

Here are the subscription details for Monarch Surveyors IPO as of Day 3 (July 24, 2025, 5:04:45 PM):

Key Highlights - Day 3:

• Overall subscription reaching an extraordinary 250.65 times, a massive surge from day two's 67.33 times
• NII segment leading with phenomenal demand at 317.05 times, dramatically increasing from day two's 82.15 times
• bNII category showing exceptional participation at 364.02 times, reflecting extraordinary high-net-worth investor appetite
• Individual investors demonstrating outstanding interest at 263.01 times, significantly jumping from day two's 92.60 times
• QIB segment showing exceptional participation at 179.01 times, substantially building from day two's 11.89 times
• sNII category displaying strong interest at 224.26 times, indicating broad-based smaller HNI participation
• Final day witnessed extraordinary participation across all investor categories
• Total applications reached 3,21,096, indicating massive investor participation for this SME IPO
• Cumulative bid amount reached ₹15,550.16 crores against the issue size of ₹93.75 crores
• Engineering consultancy sector showing tremendous investor appetite

Monarch Surveyors IPO - Day 2 Subscription at 67.33 Times

Key Highlights - Day 2:

• Overall subscription improving to 67.33 times from day one's 18.36 times
• Individual investors showing strong growth at 92.60 times, building momentum from day one's 27.60 times
• NII segment demonstrating robust participation at 82.15 times, significantly increasing from day one's 18.30 times
• QIB segment showing steady progress at 11.89 times, building from day one's 2.21 times

Monarch Surveyors IPO - Day 1 Subscription at 18.36 Times

Key Highlights - Day 1:

• Overall subscription opening positively at 18.36 times, showing encouraging initial investor interest
• Individual investors leading early participation at 27.60 times, indicating strong retail confidence
• NII segment demonstrating solid early interest at 18.30 times, reflecting positive high-net-worth sentiment
• QIB segment showing modest early participation at 2.21 times, reflecting cautious institutional approach

About Monarch Surveyors & Engineering Consultants Limited

Incorporated in 1992, Monarch Surveyors & Engineering Consultants Limited is a civil engineering consultancy firm offering comprehensive services spanning topographic surveys, project management consultancy, design and engineering, geotechnical investigations, land acquisition, GIS mapping, and feasibility studies. The company has successfully executed projects across various sectors, including railways, roads, ports, and oil & gas, providing consultancy services across infrastructure projects including surveying, design, technical supervision, and land acquisition in roads, highways, railways, metros, and geospatial mapping, employing 417 personnel as of March 2024.