Monarch Surveyors and Engineering Consultants Ltd
Monarch Surveyors wins Rs. 1.23 Crore contract for Akshi Sakhar project
REGULATORY
▲ Positive Development
LOW RISK
📅 Filed on BSE: 29 Jun 2026, 06:30 PM IST · BSE ID: 96ffc56c-ee41-4531-9a5e-baef30a57ccd
View Original BSE Filing (PDF)
💡
In Simple Terms
The company won a contract worth over Rs. 1.2 Crore to design construction elements for a project in Maharashtra.
🤖 AI Summary
- Monarch Surveyors secured Rs. 1,23,40,000 contract for Akshi Sakhar project.
- The project involves designing a dyke, jetty, and approach road.
- The contract is with the Maharashtra Maritime Board.
- Work is set to commence immediately as per contract terms.
🔢 Key Numbers — exact figures from BSE filing, not rounded
Total cost or contract amount involved
Rs. 1,23,40,000/- (Rupees One Crore Twenty-Three Lakh Forty Thousand Only)
🏢 How This Affects the Company
This contract adds to the company's existing project pipeline, contributing to its business development in the engineering consultancy sector.
The Rs. 1,23,40,000 contract value will impact the company's order book and future revenue recognition.
The project requires immediate commencement, indicating a need for resource allocation and project management.
Execution of this project is subject to necessary approvals from governmental authorities.
👥 What This Means For Shareholders
✅
Action Required
No action is required from shareholders regarding this contract award.
👤
Who Is Affected
All shareholders are affected by the company's continued order wins which build its business pipeline.
🔍
Management Signal
Management is actively securing new project contracts, demonstrating ongoing business development efforts.
For information only. Not investment advice. ForgeUp is not SEBI-registered.
👁 Watch List — track these upcoming events
Project commencement confirmation for the Akshi Sakhar contract.
Subsequent contract wins to observe business pipeline growth.
Financial results for periods covering this contract's execution.
LOW RISK
Contract value is significant but requires governmental approvals for commencement.
💡 Investor Takeaway
Monarch Surveyors secured a Rs. 1,23,40,000 contract for engineering designs related to a dyke, jetty, and approach road project in Maharashtra.
⚖️ Strengths & Concerns
✅ Positives
- Secured a new order for designing a dyke, jetty, and approach road.
- Total contract value of Rs. 1,23,40,000 to contribute to revenue.
📅 Company Track Record
Monarch Surveyors has recently secured several project contracts including a Rs. 1.74 Crore consultancy contract in Assam and a Rs. 5.25 Crore land survey contract.
Based on publicly available historical data. For context only.
❓ Frequently Asked Questions
What is the value of the new contract secured by Monarch Surveyors?
Monarch Surveyors has secured a contract worth Rs. 1,23,40,000 for the Akshi Sakhar project.
What is the scope of the Akshi Sakhar project contract?
The contract is for Designing Groynes Style Dyke, Jetty and Approach Road Construction for Akshi Sakhar in Alibaug Taluka, Raigad, Maharashtra.
Who is the client for the new Monarch Surveyors contract?
The contract is with the Maharashtra Maritime Board.
When will work commence on the Akshi Sakhar project?
As per the letter of acceptance, work is set to commence immediately with an estimated completion timeline as per contract terms.
Questions based on this BSE filing only. For information purposes.