Monarch Surveyors and Engineering consultants IPO
Monarch Surveyors and Engineering consultants Ltd provides consultancy services from conception to commissioning of a wide range of infrastructure projects like survey, design, technical supervision for town planning, metro, roads, railways, geospatial mapping, water supply, transmission lines, pipelines and other engineering work.
Public issue of up to 37,50,000 shares
Face value: Rs 10
Price band: Rs 237 to Rs 250
Bid opens on July 22, 2025
Bid closes on July 24, 2025
Equity shares will get listed on the SME platform of BSE ltd.
Some of the Risk factors
– revenues depend on projects of government department, and the company could lose these projects if competitors are having lower bids
– sensitive data is collected for executing these projects, and if the data is leaked, it could affect the business
– software is used for running the business, and software problems could adversely affect the business.
– Projects may get delayed, cancelled.
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