Monarch Surveyors and Engineering Consultants Ltd IPO

Experienced Promoter and Management Team.

Wide Range of Services.

Wide Range of Client Base.

Optimal Utilization of Resources.

Its revenues majorly depend on the projects tendered by the Government Departments. The company performance could be affectedin case its competitors participate with lower bid value or projects not awarded to it.

In execution of its projects, the company collect information and data which are highly sensitive with regard to maintenance ofsecrecy of the projects and its data and information. Any failures on its part to maintain secrecy of the company projects, will havean adverse effect on its results of operations and financial condition.

The company relies on the software which the company is using, for its operations and its reliability and functionality is critical to its businesssuccess.

The company has had instances in the past where we could not spend the total amount allocated towards corporate socialresponsibility activities for the respective years.

The Project of its customers may be delayed, modified, cancelled or not fully paid by the company customers, which may have anadverse effect on the company business, financial condition and results of operations.

The Company is dependent on few numbers of clients. Any loss of top 10 customers will significantly affect our revenuesand profitability.

Its Auditor has noted certain observation in Audit Report for the year 2022-23 concerning various aspects of the company financialoperations and accounting treatments.

The company is responsible for timely completion of a project, and if we fail to comply with the same it may result in loss of clientsor additional cost or loss in revenue.

Its majority of the company revenue is concentrated in Maharashtra and any adverse developments affecting its operations inthese regions could have a significant impact on the company revenue.

The company is subject to quality standard requirements and other terms and condition of projects which may lead to cancellationof orders, loss of pre-qualification status for bidding for future projects.