Mumbai : Monarch Surveyors and Engineering Consultants Limited garnered Rs 26.53 crores from 19 anchor investors ahead of its SME initial public offering that opens for public subscription on Tuesday, July 22, 2025. The company informed the bourses that it allocated 10,61,400 equity shares at Rs. 250 per share on Monday, July 21, 2025, to anchor investors.
Some of the marquee Institutions that participated in the anchor includes Aarth AIF Growth Fund, Morgan Stanley Asia (Singapore) PTE, Beacon Stone Capital VCC – Beacon Stone I, Innovative Vision Fund, Viney Growth Fund, Sunrise Investment Trust – Sunrise Investment Opportunities Fund, Vikasa India EIF I Fund – Incube Global Opportunities, Vijit Growth Fund, Nav Capital VCC – Nav Capital Emerging Star Fund, Navbharat Investment Trust – Navbharat Investment Opportunities Fund, Chhatisgarh Investment Ltd, VPK Global Ventures Fund – VPK Global Ventures Fund – Scheme I, Shine Star Build Cap Pvt Ltd, Sunrise India Growth Trust – Sunrise India Growth Fund, Saint Capital Fund, Smart Horizon Opportunity Fund, Minerva Emerging Opportunities Fund Ltd, Longthrive Capital VCC – Trendview Capital Fund, Nexus Equity Growth Fund – Nexus Equity Growth Fund Sch-I.
Beeline Capital Advisors Private Limited is the sole book-running lead manager, and Bigshare Services Private Limited is the registrar of the issue.
Leave a Reply