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Monarch Surveyors IPO subscribed 24.40 times; Check GMP, price band and other details

The SME IPO of Monarch Surveyors and Engineering Consultants Ltd closed with stellar subscription of 24.40 times, reflecting robust investor confidence despite market volatility. The issue opened on July 22, 2025 and closed on July 25, 2025, receiving an overwhelming response across all categories, especially retail individual investors (RIIs) and non-institutional investors (NIIs). IPO Subscription…

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Monarch Surveyors IPO subscribed 11 times in four hours on Day 1; Retail, NII lead—GMP surges

The IPO of Monarch Surveyors and Engineering Consultants Ltd witnessed a blockbuster opening on Day 1 as it was subscribed 11 times within just four hours of bidding, driven by overwhelming demand from retail individual investors (RIIs) and non-institutional investors (NIIs). This strong response has boosted the grey market premium (GMP), signalling robust listing expectations….

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