Founded in 1999, Monarch is a Pune-based civil engineering consultancy offering end-to-end infrastructure services across:
- Roads & Expressways
- Railways & Metros
- Water Management & Transmission Lines
- Geospatial Mapping & Land Acquisition
- Urban Planning & Environmental Studies
- High-Speed Rail & Coastal Corridors
They’ve worked with MSRDC, NHSRCL, CIDCO, and other government bodies, and have a presence in Sri Lanka and Bhutan. With 507 employees and 68 active projects,
Takeaway for Retail Investors
Positive
- Operates in a niche but growing space (urban infra advisory)
- Profit-making with improving margins
- High promoter holding post-IPO
Risks
- SME IPOs often have low liquidity
- Heavy dependency on government and infra sector cycles
- Limited peer comparison
Financial Details of Company https://www.screener.in/company/id/1285552/#profit-loss