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Electronic Gold Receipts (EGR): India's Newest Way to Invest in Gold

07 May 2026
Electronic Gold Receipts (EGR): India's Newest Way to Invest in Gold
May 4
NSE EGR Launch
100mg
Min. Denomination
T+1
Settlement Cycle
SEBI
Regulated Instrument
11:30PM
Extended Trading

Gold sits at the heart of Indian households — as wealth, tradition, and a quiet hedge against uncertainty. But owning it has always come with friction: purity concerns, storage risk, illiquid resale, and a fragmented pricing system where the same metal traded at different prices across cities.

On May 4, 2026, the National Stock Exchange (NSE) launched Electronic Gold Receipts (EGRs) — exchange-traded, SEBI-regulated digital receipts backed by actual physical gold in accredited vaults. This guide covers everything you need to know, verified against primary regulatory sources.[1]

Note from MNCL Research Desk: This article is published for educational purposes only. It does not constitute investment advice. EGR taxation positions cited are based on SEBI and Income Tax Act provisions as understood in May 2026. Always consult a SEBI-registered financial advisor and a qualified tax consultant before investing.

What Is an Electronic Gold Receipt (EGR)?

An EGR is an electronic receipt issued by a SEBI-registered Vault Manager against physical gold deposited with them. The Government of India, vide Gazette Notification S.O. 5401(E) dated December 24, 2021, officially notified EGRs as 'securities' under Section 2(h)(iia) of the Securities Contracts (Regulation) Act, 1956 (SCRA). This makes EGRs regulated financial instruments — not commodities — tradeable on recognised stock exchanges like equity shares.[2]

In plain terms: deposit physical gold with a SEBI-accredited Vault Manager. They verify its purity and weight, then credit an equivalent EGR to your demat account — your digital proof of gold ownership, sitting alongside your equity shares and mutual fund units.[3]

Historical context: EGRs are not entirely new. BSE introduced India's first EGR segment during Diwali Muhurat Trading on October 24, 2022. However, retail adoption remained minimal due to thin broker support and low liquidity. NSE's May 4, 2026 launch — backed by India's largest exchange — changes the scale and accessibility fundamentally.[4]

Core Characteristics

  • Notified Security: Governed under SCRA, 1956 and SEBI (Vault Managers) Regulations, 2021.[2]
  • 100% Physically Backed: Every EGR corresponds to actual physical gold in a SEBI-accredited vault. Depositories (NSDL/CDSL) reconcile EGR records with physical gold daily.[5]
  • Purity Standards: Gold accepted must meet 995 fineness (99.5%) or 999 fineness (99.9%) — certified to LBMA (London Bullion Market Association) or BIS (Bureau of Indian Standards) standards.[6]
  • Perpetual Validity: EGRs do not expire. Hold them indefinitely in your demat account without any redemption pressure.[7]
  • Interoperability: Deposit gold with a Vault Manager in one city; withdraw from a collection centre in another. EGRs work across India.[8]
  • Demat-Held: Sits in your existing demat account — no new account required.[3]

Available Denominations

NSE EGRs are available in five denominations, making gold accessible at virtually any investment level:[9]

100
mg
1
gram
10
grams
100
grams
1
kg

At approximate gold prices of ~₹9,200 per gram (May 2026), the 100mg denomination costs roughly ₹920 per unit — making EGR investing accessible to first-time investors without requiring large upfront capital. Purity (995 or 999 fineness) is certified and guaranteed by the Vault Manager, eliminating hallmarking uncertainty common in physical gold purchases.

How Does an EGR Work? Step by Step

The EGR ecosystem connects depositors, SEBI-registered Vault Managers, depositories (NSDL/CDSL), clearing corporations, and exchange participants in a transparent, regulated chain.[5]

1
Deposit physical gold with a Vault ManagerGold meeting 995 or 999 fineness is deposited at a SEBI-registered Vault Manager's collection centre. Currently registered Vault Managers include Sequel Logistics Pvt. Ltd.and Brinks India Pvt. Ltd., with vault locations across India.[5]
2
Assaying and certificationThe Vault Manager verifies purity and weight. Assaying agencies empanelled by the Clearing Corporation independently verify purity if required by the investor. Gold is certified to LBMA or BIS standards.[6]
3
EGR created and credited to dematAn EGR equivalent to the gold deposited is credited to your demat account by the depository. The EGR is now a listed security on NSE/BSE.[3]
4
Trade on NSE or BSEEGRs trade from 9:00 AM to 11:30 PM, Monday to Friday — extended hours compared to equities (9:15–3:30 PM), allowing investors to react to LBMA London and COMEX New York gold price movements. Settlement is on a T+1 basis.[10]
5
Physical withdrawal (optional, anytime)Place a withdrawal request through your depository before 3:00 PM on a working day. Valid for 3 days. The Vault Manager delivers physical gold with a Certificate of Purity and bar serial number. The EGR is simultaneously extinguished from the system.[11]

Daily reconciliation guarantee: Under SEBI's framework, depositories must reconcile the total number of EGRs in circulation with physical gold held by all Vault Managers every single day. This structural safeguard ensures every EGR is always backed by real, physical gold — not just a promise.[5]

How to Buy / Invest in EGRs

No new accounts or registrations are required. If you have a demat and trading account with a SEBI-registered broker who has enabled the EGR segment, you can begin immediately.

Prerequisites: (1) Active demat account with NSDL or CDSL, (2) Trading account with a SEBI-registered broker who has enabled NSE/BSE EGR segment, (3) Completed standard equity KYC — PAN + Aadhaar + bank details. No additional EGR-specific documents are required.[3]

Broker availability — May 2026: Not all brokers have enabled EGR trading yet. Zerodha confirmed EGR support is forthcoming but was not active at NSE's launch date. Groww and Upstox had not published EGR price lists at launch. Verify with your specific broker whether the EGR segment is live on their platform before placing orders.[12]

#StepWhat to Do
1Check broker eligibilityConfirm your broker has enabled the NSE/BSE EGR segment — call your RM or check the broker platform.
2Verify KYC is completeStandard equity KYC (PAN, Aadhaar, bank account) covers EGR trading. No additional documents needed.
3Search for EGR on broker platformSearch 'EGR' or 'Electronic Gold Receipt' in the securities search bar of your broker's app or website.
4Select denomination and review detailsChoose from 100mg, 1g, 10g, 100g, or 1kg. Review purity (995 or 999), current market price, and bid-ask spread before committing.
5Place a Limit Order — not a Market OrderEGR liquidity is still building. Always use limit orders to avoid slippage. Set price within 0.1–0.2% of last traded price.[8]
6EGR credited after T+1 settlementEGR units will appear in your demat holdings the next working day after the trade is confirmed.
7Sell, hold, or redeemSell on exchange anytime 9 AM–11:30 PM, hold indefinitely (perpetual validity), or redeem for physical gold via withdrawal request.

Withdrawing Physical Gold — Key Practical Details

  • Submit withdrawal request through your depository (NSDL/CDSL) before 3:00 PM on a working day. Request is valid for 3 days.[11]
  • Gold is delivered with a Certificate of Purity and bar serial number from the nearest collection/withdrawal centre.
  • Storage charges: ₹15 per kg per day per Beneficiary Owner — levied by Vault Manager, collected by depository. Disclosed upfront on Vault Manager's website as required by SEBI.[5]
  • Assaying and transportation charges at withdrawal are borne by the investor.[11]
  • 3% GST is payable at the point of physical withdrawal (gold supply to the investor). Not applicable on exchange trades.[14]

EGR vs. Gold ETF vs. SGB vs. Digital Gold

Each instrument serves a different investor need. The comparison below includes important corrections from common misconceptions — notably the GST position and the LTCG holding period.[13,14,15]

FeatureEGRGold ETFSGBDigital Gold
Legal statusNotified Security (SCRA)Mutual Fund Unit (SEBI)Government Bond (RBI)No legal status
RegulatorSEBISEBIRBI / GOIUnregulated
Physical backingDirect — actual gold in SEBI vault, daily reconciledIndirect — via fund's holdingsGovernment guarantee (no physical gold)Platform-dependent; no SEBI oversight
Physical delivery✓ Yes — anytime✗ No✗ NoVaries by platform
Purity guarantee995/999 fineness — LBMA/BIS certifiedVia fund holdingsN/A — monetary instrumentPlatform's assurance only
Demat requiredYesYesRecommendedNo
Trading hours9 AM–11:30 PM (Mon–Fri)9:15 AM–3:30 PMSecondary market only — thin24x7 (platform)
SettlementT+1T+1T+2 (secondary)Instant (platform)
Interest incomeNoneNone2.5% p.a. on issue priceNone
Liquidity (May 2026)Building — use limit orders onlyHigh — deep, liquid marketVery thin — no new issuances since Feb 2024Platform-dependent
Expiry / lock-inNone — perpetual validityNone8-year maturity (5-year exit)None
GST on exchange trading✓ No GST (it is a security)✓ No GST✓ No GST3% GST on purchase
GST on physical withdrawal3% at withdrawal pointN/AN/AAlready paid upfront
Conversion to EGR — CGT?✓ No — Section 47 exemptionN/AN/AN/A
LTCG holding period12 months (listed security)12 months (listed)Exempt at maturity; 12m on secondary24 months (unlisted)
LTCG tax rate12.5% without indexation12.5% without indexationExempt at maturity12.5% without indexation
Minimum investment (approx.)~₹920 (100mg @ May 2026 prices)~₹7,500–9,500 (1 unit ≈ 1g)₹5,000+ (secondary market only)₹1
New issuance✓ Open — ongoing✓ Open — ongoing✗ Discontinued (last: Feb 2024)✓ Open

Digital Gold regulatory risk: SEBI issued advisories in late 2025 cautioning investors about the unregulated nature of digital gold offerings from fintech platforms. Unlike EGRs (which are SEBI-notified securities with regulatory recourse), digital gold platforms have no formal investor protection framework under Indian securities law.[13]

Tax Treatment of EGRs — Accurate & Detailed

This section corrects several common errors in published EGR articles. The position below is based on the Income Tax Act, 1961, as amended by Finance Act 2024 and Finance Act 2025:[14,15]

✓ Tax Benefits / Exemptions

  • Conversion of physical gold to EGR — or EGR back to physical gold — via a SEBI-registered Vault Manager is NOT a 'transfer' under Section 47 of the Income Tax Act. No capital gains tax is triggered at conversion in either direction.[14]
  • Cost of acquisition of EGR = original cost of the physical gold. The holding period of physical gold before conversion is carried forward into the EGR holding period seamlessly.
  • No GST on buying or selling EGRs on exchange — EGRs are classified as securities; securities transactions are outside the GST net.[14]
  • LTCG holding period for EGRs is only 12 months (as a listed security) — much shorter than the 24-month period for physical gold and unlisted assets.[15]

! Tax Costs to Know

  • LTCG (held >12 months): 12.5% without indexation on gains when EGRs are sold on exchange. Same rate as Gold ETFs. (Budget 2024 change: indexation removed for all listed assets.)[15]
  • STCG (held ≤12 months): Gains taxed at the applicable income slab rate of the investor.
  • 3% GST applies at physical gold withdrawal from the vault — same as purchasing physical gold from a jeweller. Plan for this cost if taking delivery.
  • STT (Securities Transaction Tax) applies on exchange transactions. Confirm current STT rate on EGRs with your broker.

Practical tax example (Section 47 benefit): You hold physical gold purchased 10 months ago. You convert it to EGR today. No capital gains tax at conversion. After 2 more months (total 12 months from original purchase), you sell the EGR on NSE. Only 12.5% LTCG on the gain. Compare this with selling physical gold and buying an ETF — that sale would trigger a taxable event immediately. The EGR route allows you to move from physical gold to a liquid, exchange-traded instrument without any tax friction.[14]

Tax disclaimer: Tax laws change frequently. The above is based on Finance Act 2024 and Finance Act 2025 provisions as understood in May 2026. MNCL does not provide tax advice. Always consult a qualified Chartered Accountant for advice specific to your situation.

Who Are EGRs Designed For?

SEBI and NSE designed the EGR ecosystem for a broad range of participants across India's gold value chain:[1]

  • Retail investors with demat accounts seeking transparent, exchange-priced gold with flexibility to take physical delivery.
  • Jewellers and bullion traders who can formalise gold inventory into standardised, tradeable electronic receipts — improving working capital and accessing a national price benchmark.
  • Refiners who can monetise refined gold through regulated exchange infrastructure rather than fragmented, opaque OTC markets.
  • Institutional investors seeking regulated gold exposure that integrates within standard demat and securities infrastructure — and can potentially serve as loan collateral.
  • Existing physical gold holders who want to monetise idle gold holdings without triggering a capital gains tax event (Section 47 conversion benefit).

Honest assessment for retail investors: While EGRs are open to retail investors, the product was originally conceived with commercial participants (jewellers, refiners, bullion traders) as the primary user base. As of May 2026, liquidity on NSE's EGR segment is at an early stage. Most large retail broker platforms have not yet fully enabled EGR trading. Retail investors should monitor liquidity conditions and verify broker availability before deploying significant capital.[4]

Advantages and Watch Points

✓ Advantages

  • SEBI-regulated — notified security under SCRA, 1956. Same legal standing as equity shares
  • 100% physically backed — daily reconciliation by NSDL/CDSL
  • Physical delivery available — not possible with Gold ETFs
  • Purity certified: 995/999 fineness to LBMA/BIS standard
  • Extended trading: 9 AM–11:30 PM — react to international gold price moves the same evening
  • T+1 settlement
  • Section 47 benefit — converting physical gold to EGR is not a taxable transfer
  • LTCG at 12.5% after just 12 months (vs. 24 months for physical gold)
  • No GST on exchange trading — only on physical withdrawal
  • Interoperability — deposit anywhere, withdraw anywhere in India
  • Perpetual validity — no expiry, no lock-in
  • Uses your existing demat account — no new registrations

△ Watch Points

  • Liquidity still building — bid-ask spreads may be wide. Use limit orders only
  • Most major retail brokers (Zerodha, Groww, Upstox) not yet fully enabled at launch
  • No interest income — SGBs paid 2.5% p.a. (though no new issuances)
  • Demat account required — digital gold apps do not need one
  • 3% GST payable on physical withdrawal from vault
  • Storage charges: ₹15 per kg per day (SEBI-set, disclosed upfront)
  • Assaying and transport charges borne by investor on withdrawal
  • Withdrawal cut-off: 3:00 PM. Request valid for only 3 days
  • Limited number of SEBI-registered Vault Managers currently
  • STT and brokerage charges apply on each exchange transaction

Frequently Asked Questions

Is an EGR the same as a Gold ETF? ▾
No — these are fundamentally different. A Gold ETF is a mutual fund unit regulated under SEBI's Mutual Fund Regulations. An EGR is a security notified under SCRA, 1956. The critical practical difference: EGRs can be redeemed for actual physical gold; Gold ETFs cannot. EGRs also trade until 11:30 PM (vs. 3:30 PM for Gold ETFs) and represent direct ownership of specific, identified gold in a named vault.[3]
Do I pay capital gains tax when converting physical gold to an EGR? ▾
No. Under Section 47 of the Income Tax Act, conversion of physical gold to EGR by a SEBI-registered Vault Manager is explicitly not treated as a 'transfer'. No capital gains tax at conversion. Tax only applies when you eventually sell the EGR on the exchange. Your original cost of physical gold becomes the EGR's cost of acquisition, and the physical holding period is carried forward.[14]
Is GST charged when I buy EGRs on the stock exchange? ▾
No. EGRs are classified as securities, and securities transactions fall outside the GST net. No GST applies on buying or selling EGRs on NSE or BSE. GST of 3% applies only when you convert EGRs to physical gold and take actual delivery from the vault — that transaction is treated as a supply of goods.[14]
What is the minimum amount I can invest? ▾
The smallest denomination is 100 milligrams (100mg). At approximately ₹9,200 per gram of gold (May 2026 indicative price), this represents roughly ₹920 per unit. Denominations go up to 1 kilogram. Purity (995 or 999 fineness) is guaranteed regardless of denomination.[9]
Do EGRs expire? Is there a lock-in? ▾
No. EGRs have perpetual validity — there is no expiry date and no mandatory redemption. This contrasts with SGBs (8-year maturity). The only ongoing cost is the storage charge of ₹15 per kg per day levied by the Vault Manager. You hold EGRs for as long as suits your investment horizon.[7]
What investor protections exist if a Vault Manager faces difficulties? ▾
SEBI's framework has multiple safeguards: (1) Vault Managers must maintain a Fidelity and Security Deposit (FSD); (2) Physical gold is ring-fenced in separate insured vaults — not on the Vault Manager's balance sheet; (3) Depositories conduct half-fortnightly and annual full inspections; (4) SEBI requires prior approval for any change in control of a Vault Manager; (5) Investor grievances can be filed with exchanges, depositories, or SEBI SCORES. Your gold is structurally separated from the Vault Manager's business liabilities.[5]
How can Monarch Networth Capital help me invest in EGRs? ▾
Monarch Networth Capital Limited is a SEBI-registered stockbroker (INZ000170832 | NSE-06769 | BSE-949). Our advisors across 140+ cities can help you evaluate whether EGRs align with your overall portfolio and gold allocation strategy. Contact us at helpdesk@mnclgroup.com or call +91-22-66476400. Note: MNCL advisors assist with portfolio planning within SEBI guidelines and do not provide advice to buy or sell specific securities.

10 Key Takeaways for Every Investor

📌 What Every Investor Should Know About EGRs

  1. EGRs are SEBI-regulated securities under SCRA, 1956 — same legal standing and investor protection framework as equity shares. Not comparable to unregulated digital gold platforms.
  2. Every EGR is 100% backed by physical gold in a SEBI-accredited vault, reconciled daily by depositories. Your gold is ring-fenced from the Vault Manager's business.
  3. Invest from as little as ~₹920 (100mg denomination at May 2026 prices). Five denominations available: 100mg, 1g, 10g, 100g, 1kg.
  4. No capital gains tax at conversion — moving physical gold to EGR (or back) is not a 'transfer' under Section 47 of the Income Tax Act. Tax applies only when you sell on the exchange.
  5. No GST on exchange trading — EGRs are securities. 3% GST applies only when you physically withdraw the gold from the vault.
  6. LTCG at 12.5% after just 12 months — listed security classification means a shorter LTCG holding period than physical gold (24 months). Holding period from physical gold form carries forward on conversion.
  7. Trade until 11:30 PM — react to London (LBMA) and New York (COMEX) gold price movements the same evening, unlike Gold ETFs which close at 3:30 PM.
  8. Perpetual validity — no expiry, no lock-in. Hold EGRs for any duration that suits your strategy. Only ongoing cost: ₹15/kg/day vault storage charge.
  9. Liquidity is still building (May 2026) — always use limit orders. Verify with your broker that the EGR segment is enabled on their platform before investing.
  10. Purity is certified at 995 or 999 fineness to international LBMA/BIS standards — eliminating hallmarking uncertainty common in the unorganised physical gold market.

References & Sources

Superscript numbers [1]–[15] throughout this article correspond to the sources listed below. All sources are publicly available and independently verifiable. Prepared May 2026.

  1. 1

    NSE Press Release — Launch of Electronic Gold Receipts (EGR) Segment, May 4, 2026National Stock Exchange of India Ltd. | Official Press Release | Primary Source

  2. 2

    Government of India Gazette Notification S.O. 5401(E), December 24, 2021 — EGRs notified as 'securities' under SCRA, 1956Ministry of Finance, Dept. of Economic Affairs | Primary Legal Source

  3. 3

    NSE — Electronic Gold Receipts: Product Overview PageNational Stock Exchange of India Ltd. | Official Product Page | Primary Source

  4. 4

    Finnovate — EGR India: NSE Launch, Costs, Tax and Who It Is For (May 2026)Finnovate.in | Independent Financial Analysis | Secondary Source

  5. 5

    SEBI Master Circular No. SEBI/HO/MRD/MRD-PoD-1/P/CIR/2024/87 — Master Circular for Electronic Gold Receipts (EGRs), June 24, 2024Securities and Exchange Board of India | Master Circular | Primary Regulatory Source

  6. 6

    Finshots — Electronic Gold Receipts Explained (May 2026)Finshots | Financial Journalism | Secondary Source (Purity standards: LBMA/BIS)

  7. 7

    Multibagg — Electronic Gold Receipts: Buy-Sell RulesMultibagg.ai | Market Analysis | Secondary Source (Perpetual validity; 5-year record retention)

  8. 8

    Gyani Turtle — NSE Electronic Gold Receipt (EGR): Complete Guide 2026Gyaniturtle.com | Financial Guide | Secondary Source (Interoperability; limit order guidance; extended trading hours)

  9. 9

    Angel One — How to Buy NSE EGR: Step-by-Step Guide (May 2026)Angel One | Financial Publisher | Secondary Source (Confirmed denominations: 100mg, 1g, 10g, 100g, 1kg)

  10. 10

    HDFC Sky — Electronic Gold Receipts: All You Need To Know (May 2026)HDFC Sky | Financial Publisher | Secondary Source (Trading hours 9 AM–11:30 PM Mon–Fri; T+1 settlement; settlement guarantee by NSE Clearing)

  11. 11

    SEBI — FAQs: Gold Exchange in India (September 2022)Securities and Exchange Board of India | Official FAQs | Primary Source (Withdrawal cut-off 3 PM; 3-day validity; assaying and transport charges by investor)

  12. 12

    Zerodha Support — What are Electronic Gold Receipts (EGRs)? (May 2026)Zerodha | Broker Support Page | Secondary Source (Broker availability status at launch)

  13. 13

    Finnovate — SGB Discontinuation and Digital Gold SEBI Advisory Context (May 2026)Finnovate.in | Financial Analysis | Secondary Source (SGB last tranche Feb 2024; SEBI digital gold advisory late 2025)

  14. 14

    Basu Nivesh — EGR: The Gold Investment 99% of Indians Have Never Heard Of (May 2026)Basu Nivesh | Financial Analysis | Secondary Source (Section 47 non-transfer treatment; GST positions; holding period carryover)

  15. 15

    CBDT — FAQs on New Capital Gains Tax Regime, Union Budget 2024-25Central Board of Direct Taxes, Govt. of India | Official FAQs | Primary Legal Source (12-month LTCG for listed securities; 12.5% rate without indexation effective 23 July 2024)

Disclaimer: - Investments in securities market are subject to market risk, read all the related document carefully before investing. https://www.mnclgroup.com/research-disclaimer.

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  • Fund Name:Monarch AIF
    Category of AIF :Category III
    AIF Registration number :IN/AIF3/20-21/0787
    Registration Date :April 23, 2020
    Registered Office Address :Laxmi Tower, B Wing, 4th Floor, G Block, Bandra Kurla Complex, Bandra East, Mumbai 400051

    Contact Details

    Fund Manager:Mr. Abhisar Jain
    Email :abhisar.jain@mnclgroup.com
    Phone :+91 22 66746425
    Compliance Officer:Ms. Bhumika Gowda
    Email :AIFcompliance@mnclgroup.com
    Phone :+91 22 66746424

    Gift City AIF Disclaimer

    Monarch Networth Capital IFSC Private Limited (Wholly owned subsidiary of Monarch Networth Capital Limited) is a Registered Fund Management Entity (Retail) having Registration No: IFSCA/FME/III/2025-26/169. Monarch India Growth Fund will be an open-ended Restricted Scheme (Non-Retail) construed as a Category III AIF under the IFSCA (Fund Management) Regulations, 2025. Monarch AIF is a Category III AIF having SEBI Registration No. IN/AIF3/20-21/0787. This material is for informational purposes only and is not intended as an offer or solicitation or investment advice to buy or sell securities. Investments are subject to market risks. The offering is made only through official scheme documents to eligible investors under GIFT IFSC regulations. Investors should read all documents carefully and consult their advisors before investing.

  • Complete name of entity registered with SEBI as Merchant Banker:Monarch Networth Capital Limited
    Type of Registration (Individual, Non-Individual):Non-Individual
    MB Registration No.:INM000011013
    Corporate Identification Number:L64990GJ1993PLC120014
    Principal Place of Business:4th FLoor, B Wing, Laxmi Tower, Bandra Kurla Complex, Bandra East, Mumbai-400051
    Registered office address:Unit No. 803-804A, 8th Floor, X-Change Plaza, Block No. 53, Zone 5, Road-5E, Gift City, Gandhinagar, Gujarat, India, 382050

    Contact Details

    Compliance Officer:Mr.Jayesh Bhagwat
    Contact No.:(022) 66476400
    Email for Regulatory Communication:mbdcompliance@mnclgroup.com

    Mechanism for addressing grievances and information about SCORES.

    Contacts for Investor Grievance

    mbd@mnclgroup.com

  • Complete name of entity registered with SEBI as Research Analysts :Monarch Networth Capital Limited
    Type of Registration (Individual, Non-Individual):Non-Individual
    RA Registration No.:INH000000644
    BSE Enlistment No.:5039
    Corporate Identification Number: L64990GJ1993PLC120014

    Contact Details

    Registered office address: Unit No. 803-804A, 8th Floor, X-Change Plaza, Block No. 53, Zone 5, Road-5E, Gift City, Gandhinagar, Gujarat, India, 382050
    Principal Place of Business: 4th FLoor, B Wing, Laxmi Tower, Bandra Kurla Complex, Bandra East, Mumbai-400051
    Principal Officer: Sahil Sanghvi
    Email address:sahil.sanghvi@mnclgroup.com
    Compliance Officer: Nikhil Parikh
    Email address:racompliance@mnclgroup.com
    Telephone no.: +91-79-26666768
    Contacts for Investor Grievance: ragrievance@mnclgroup.com
  • Complete name of entity registered with SEBI as Investment Adviser : Monarch Networth Investment Advisors Private Limited
    Type of Registration (Individual, Non-Individual) :Non-Individual
    IA Registration No.: INA000005721
    BSE Enlistment No.:2005
    Validity of registration : Perpetual
    Corporate Identification Number : U74140GJ2007PTC052348
    Registered office address : Monarch House, Nr. Ishwar Bhuwan Cross Road, Nr. Commerce Six Road, Navrangpura, AHMEDABAD, GUJARAT, 380009
    Corresponding SEBI Office address: SEBI Bhavan, Western Regional Office, Panchvati 1st Lane, Gulbai Tekra Road, Ahmedabad - 380006, Gujarat

    Contact Details

    Principal Officer : Arpan Dhirendra Shah
    Email address : Arpan.shah@mnclgroup.com
    Compliance Officer : Ankita Sudhir Madhwani
    Email address : iacompliance@mnclgroup.com
    Telephone no. : +91 22-66476405
    Registration granted by SEBI, enlistment of IA with Exchange and certification from NISM in no way guarantee performance of the intermediary or provide any assurance of returns to investors.

  • Monarch Networth Capital Limited

    AMFI Registered Mutual Fund Distributor

    ARN-8812

    AMC's Empanelled

  • Monarch Networth Capital Limited (‘MNCL’) | CIN No.: L64990GJ1993PLC120014

    Company Secretary & Compliance Officer

    (As per LODR Regulations and Companies Act, 2013)

    Contact information of the designated officials of the listed entity who are responsible for assisting and handling investor grievances : Mr. Nitesh Tanwar : 022 - 66476400 / 66476405

    Monarch Networth Capital Limited

    Registered Address

    Unit No. 803-804A, 8th Floor, X-Change Plaza, Block No. 53, Zone 5, Road-5E, Gift City, Gandhinagar - 382050, Gujarat

    Corporate Address

    Ahmedabad

    “Monarch House”, Opp Prahladbhai Patel garden, Near Ishwar Bhuvan, Commerce Six Roads, Navrangpura, Ahmedabad – 380009

    Mumbai

    Monarch Networth Capital Limited, G Block, Laxmi Tower, B Wing, 4th Floor, Bandra Kurla Complex, Bandra East, Mumbai - 400051.

    For Broking and Demat Related Queries : +91-79-26666768

    Email: cs@mnclgroup.com

    Contact Details

    “Filing of complaints on SCORES – Easy & quick
    (Link is given in our useful link option on our website)

    • A. Register on SCORES portal
    • B. Mandatory details for filing complaints on SCORES:
      • I. Name, PAN, Address, Mobile Number, Email ID
    • C. Benefits
      • I. Effective communication
      • II. Speedy redressal of the grievances

    Email for Grievance: cs@mnclgroup.com

    Listing of Equity Shares on Stock Exchange at

    BSE

    Add :Phiroze Jeejeebhoy Towers, Dalal Street, Mumbai - 400 001
    Scrip Id :Monarch Scrip Code : 511551

    NSE

    Add :Exchange Plaza, C-1, Block G, Bandra Kurla Complex, Bandra (E) Mumbai – 400 051.
    Scrip Id :Monarch Scrip Code : MONARCH

    Demat ISIN Numbers in NSDL & CDSL for

    Equity Shares:INE903D01011

    REGISTRAR AND SHARE TRANSFER AGENT

    MUFG Intime India Private Limited

    (Formerly known as Link Intime India Private Limited)

    Add:C 101, 247 Park, L.B.S. Marg, Vikhroli (West), Mumbai - 400083
    Tel:(0) 810 811 6767
    Toll-free number:1800 1020 878
    Fax:022 - 4918 6060
    Email:Investor.helpdesk@in.mpms.mufg.com
    Website:in.mpms.mufg.com

    Escalation Matrix

    For any queries related to broking please contact helpdesk@mnclgroup.com.

Disclaimer

‘Investments in securities market are subject to market risks, read all the related documents carefully before investing.’

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