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SEBI Registered Merchant Banker · Mainboard: 5
5
Total IPOs Managed
+10.7%
Avg Listing Gain
5
Mainboard IPOs
-
SME IPOs
Monarch Networth Capital Limited (MNCL) has been in the financial services space since 1992. It started as Networth Stock Broking Limited and rebranded in 2015 after merging with the Monarch Group of Companies. Today it handles everything from retail broking and wealth management to merchant banking — which includes guiding companies through IPOs on both BSE and NSE, across the main board and SME platforms.
As a lead manager, MNCL assists businesses with the full capital-raising process — IPOs, FPOs, rights issues, offer for sale, buybacks, and private placements. It's a SEBI-registered merchant banker with a reasonable track record across SME and mainboard listings.
Merchant Banking (Lead Manager) Contact
For IPO and capital markets work, the merchant banking division is the right desk to reach:
Office: 901/902, 9th Floor, Atlanta Centre, Sonawala Lane, Opp. Udyog Bhavan, Goregaon East, Mumbai Email: [email protected] Phone: +91 22 30641823 Website: www.mnclgroup.com
Key Offices
Registered Office Unit No. 803-804A, 8th Floor, X-Change Plaza, Block No. 53, Zone 5, Road 5E, Gift City, Gandhinagar, Gujarat – 382050
Ahmedabad Office Monarch House, Opp. Prahladbhai Patel Garden, Near Ishwar Bhuvan, Commerce Six Roads, Navrangpura, Ahmedabad – 380009
Mumbai Office G Block, Laxmi Tower, B Wing, 4th Floor, Bandra Kurla Complex, Bandra East, Mumbai – 400051
| IPO | Segment | Open Date | Issue Size | Issue Price | Subscription | Listing Gain | Listing Date |
|---|---|---|---|---|---|---|---|
Sri Lotus Developers IPO
Listed
|
Mainboard | ₹792.0 Cr | ₹150 | 69.14× | +18.7% | ||
| Mainboard | ₹504.0 Cr | ₹204 | 3.07× | -9.9% | |||
Lumino Industries IPO
Listed
|
Mainboard | ₹700.0 Cr | ₹82 | 124.02× | +34.2% | ||
Scoda Tubes IPO
Listed
|
Mainboard | ₹220.0 Cr | ₹140 | 53.78× | +0.0% | ||
| Mainboard | - | - | - | - | - | - |
A lead manager, also known as a merchant banker, is a SEBI-registered financial institution appointed by a company to manage its Initial Public Offering (IPO). The lead manager plays a central role in taking a company from the decision to go public all the way to its listing on BSE or NSE.
Key responsibilities of a lead manager include conducting due diligence on the issuer company, preparing the DRHP (Draft Red Herring Prospectus), filing documents with SEBI, setting the price band, managing the book building process, coordinating with stock exchanges, registrars, and bankers, and ensuring the IPO opens and closes smoothly.
The quality of the lead manager often influences investor confidence in the IPO. Reputed merchant bankers like SBI Capital, Axis Capital, IIFL, and others have a track record of managing successful listings. However, it is always advisable to evaluate the issuer company's fundamentals independently before applying to any IPO.
Disclaimer
IPO data shown on this page is for informational purposes only. Past performance of IPOs managed by a merchant banker does not guarantee future results. Always read the prospectus and consult a SEBI-registered financial advisor before investing.
A lead manager (merchant banker) is a SEBI-registered entity responsible for managing the entire IPO process — from due diligence and DRHP preparation, to filing with SEBI, setting the price band, managing book building, and coordinating the listing on BSE or NSE. They act as the primary intermediary between the issuer company and the investing public.
Monarch Networth Capital Limited has managed 5 IPOs tracked on IPORise. You can view the complete list, subscription data, and listing performance in the table above.
High subscription reflects investor demand, which is shaped by company fundamentals, valuation, grey market sentiment, and broader market conditions. A capable lead manager contributes to better price discovery and institutional interest. However, subscription numbers alone are not a reliable measure of lead manager quality — evaluate the issuer independently.
You can verify the SEBI registration of any merchant banker on the official SEBI website (sebi.gov.in) under the "Intermediaries/Market Infrastructure Institutions" section. All SEBI-registered merchant bankers are listed with their registration number, validity, and contact details.
