After receiving overwhelming interest from investors, the Monarch Surveyors IPO allotment status was finalised today, July 25. With investor demand through the roof and a soaring grey market premium (GMP), all eyes are now set on the listing day next week.
This SME IPO saw one of the highest oversubscription levels of 2025 and is now among the top-performing small-cap public issues of the year. The latest grey market activity suggests that the stock may make a strong debut on Dalal Street when it lists on Tuesday, July 29.
Monarch Surveyors IPO Allotment Satus
The IPO allotment for Monarch Surveyors & Engineering Consultants Ltd. was finalised today, Friday, July 25, 2025. The issue, which opened for subscription on July 22 and closed on July 24, is now set to list on the BSE SME platform on Tuesday, July 29, 2025.

The IPO was a fresh issue worth Rs. 93.75 crore, offering 37.5 lakh equity shares at a fixed price band of Rs. 250 per share. Ahead of the IPO, the company also raised Rs. 26.54 crore from anchor investors, a move that helped establish early confidence in the public issue.
Here's How You Can Check Monarch Surveyors IPO Allotment Status Online
Investors who applied for the issue can now check their Monarch Surveyors IPO allotment status via the BSE website or the Bigshare Services portal, which is the registrar for the issue.
Steps to Check Via BSE Website:
Step 1: Visit the BSE IPO allotment link: https://www.bseindia.com/investors/appli_check.aspx
Step 2: Select 'Equity' under Issue Type.
Step 3: Choose 'Monarch Surveyors & Engineering Consultants Limited' from the Issue Name dropdown.
Step 4: Enter your Application Number or PAN. Your allotment status will appear on the screen.
Steps to Check Via Bigshare Services Portal:
Step 2: Go to the registrar portal: https://ipo.bigshareonline.com/IPO_Status.html
Step 3: Select 'Monarch Surveyors & Engineering Consultants Limited' from the company dropdown.
Step 4: Choose your preferred option: Application No./Beneficiary ID/PAN
Step 5: Enter the relevant details and complete the CAPTCHA.
Step 6: Click Search to view your IPO allotment status.
Blockbuster Subscription: Monarch Surveyors IPO Oversubscribed 250x
Monarch Surveyors IPO stole massive investor interest, getting oversubscribed 250.65 times overall by the close of bidding on Day 3. Retail investors led the charge with a subscription of 263.01 times. High net-worth individuals applied 317.05 times for their reserved portion. Qualified Institutional Buyers also came in strong with a 179.01 times subscription.
Monarch Surveyors IPO GMP Today
As per the last recorded data on July 25, 2:02 PM, the grey market premium (GMP) for Monarch Surveyors IPO stood at Rs. 210 per share, which means investors can enjoy a listing pop of 84%. The estimated listing price is around Rs. 460 per share, based on the upper price band of Rs. 250.
About Monarch Surveyors & Engineering Consultants Ltd.
Monarch Surveyors & Engineering Consultants Ltd. is a civil engineering consultancy firm founded in 1992, specialising in a range of infrastructure-related services, which include topographic and geotechnical surveys, GIS mapping and feasibility studies, project management and engineering design, land acquisition assistance, and consultancy in roads, railways, ports, metros, and oil & gas sectors.
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