IRM Energy, a leading force in the energy sector, committed to delivering sustainable and value-driven solutions. The company specializes in the development of Natural Gas distribution projects that cater to industrial, commercial, domestic, and automobile customers. With a formidable parentage in Cadila Pharmaceuticals Ltd. and a robust technical partnership with Japan's fourth-largest gas company, Shizuoka Gas Co. Ltd., IRM brings innovation and reliability to the forefront of the energy landscape.
Monarch takes pride in its role as the chief advisor to IRM's IPO, playing a pivotal part in shaping the company's trajectory towards success. Working seamlessly with fellow bankers, our focus extended beyond mere financial transactions. We actively participated in marketing the offer, identifying strategic growth areas for the company, and positioning it for sustained success in the dynamic City Gas Distribution (CGD) sector. With a vision to expand its footprint into existing and emerging geographies, optimizing technology adoption, and delivering cost-effective energy solutions through an enhanced captive distribution channel.
The success of IRM's IPO stands as a testament to our collaborative efforts. Boasting an oversubscription rate of 27 times, the IPO garnered overwhelming investor interest, reaching a substantial subscription of over 10,000 cr. The Qualified Institutional Buyers (QIB) section witnessed an exceptional subscription rate of 44 times, affirming the confidence investors have in our stock ideas. This outstanding performance positions IRM on the brink of becoming a comprehensive energy solution provider, unlocking substantial value for stakeholders. Our dedication to a nuanced and rigorous approach to collaboration is evident, showcasing Monarch's immense potential in shaping the future of the energy industry.
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Name of the Company has changed from Networth Stock Broking Limited to Monarch Networth Capital Limited upon Certification of Incorporation received from Registrar of Companies, Mumbai vide certificate dated 13th October, 2015.
If you are not satisfied with the resolution provided, you can lodge your complaint online at: https://scores.sebi.gov.in/
In case of grievance client can log on to the SMART ODR Portal, if they are unsatisfied with the response provided by us. Your attention is drawn to the SEBI circular no. SEBI/HO/OIAE/OIAE_IAD-1/P/CIR/2023/131 dated July 31, 2023, on “Online Resolution of Disputes in the Indian Securities Market”.
Purchase of REs only gives buyer the right to participate in the ongoing Rights Issue of the concerned company by making an application with requisite application money or renounce the REs before the issue closes. REs which are neither subscribed by making an application with requisite application money nor renounced, on or before the Issue closing date shall lapse and shall be extinguished after the Issue closing date. Please check your dp account for further details.
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Monarch Networth Capital Limited (‘MNCL’) | CIN No.: L65920GJ1993PLC120014
Unit No. 803-804A, 8th Floor, X-Change Plaza, Block No. 53, Zone 5, Road-5E, Gift City, Gandhinagar - 382355, Gujarat
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.
Email for Grievance: grievances@mnclgroup.com
Investors are requested to note that Stock broker (Monarch Networth Capital Ltd) is permitted to receive money from investors through designated bank accounts only named as Up streaming Client Nodal Bank Account (USCNBA). Stock broker (Monarch Networth Capital Ltd) is also required to disclose these USCNB accounts to Stock Exchange. Hence, you are requested to use following USCNB accounts only (Click to View) for the purpose of dealings in your trading account with us. The details of these USCNB accounts are also displayed by Stock Exchanges on their website under “Know/ Locate your Stock Broker".
Mechanism for addressing grievances and information about SCORES.
Mechanism for addressing grievances and information about SCORES.
Monarch Networth Capital Limited (‘MNCL’) | CIN No.: L65920GJ1993PLC120014
(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
Monarch Networth Capital Limited
Unit No. 803-804A, 8th Floor, X-Change Plaza, Block No. 53, Zone 5, Road-5E, Gift City, Gandhinagar - 382355, Gujarat
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.
Phone: 022 - 66476400 / 66476405
Email: cs@mnclgroup.com
Email for Grievance: cs@mnclgroup.com
Listing of Equity Shares on Stock Exchange at: BSE Ltd
(Formerly known as Link Intime India Private Limited)
‘Investments in securities market are subject to market risks, read all the related documents carefully before investing.’
