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Research Overview

Empowering Investment Decisions with In-Depth Equity Research

At Monarch Networth, our commitment to creating value for our customers is not just a statement but a guiding principle. We pride ourselves on our extensive industry knowledge and a commitment to delivering actionable research that empowers our clients in navigating the complex world of capital markets.

Our Credo

At Monarch Networth, our credo is simple yet profound – "Creating Value for Our Customers."   This mantra is built on the bedrock of meticulous and in-depth research, providing a solid foundation for all our capital market activities. We understand the power of research in driving informed decisions and embrace the responsibility that comes with it.

Unique research model unlike other broking houses

Our Hunting Ground:

Our research across both retail and institutional desks is focused on finding companies that possess three key characteristics -

  • They are under-researched and almost unknown to the markets,
  • They are under-owned by institutions and
  • They do have long business track records which gives us the ability to understand their business models better but are still under-valued due to limited research and no marquee ownership. 
Our Hunting Ground

Our Deep Analysis:

Our research specialists and analysts undertake deep analysis of the businesses that are screened in our hunting ground. There is research done on business models, market share and competitive intensity apart from financial analysis. There are extensive stakeholder checks done to cement the thesis.

Our Deep Analysis

Our High Conviction Recommendation:

Our recommendations are based on careful evaluation of long-term fair value of the business and we believe in maintaining high conviction on our recommendations.

Our High Conviction Recommendation

Differentiating Factors of our Research

Undiscovered Jewels

Undiscovered Jewels

  • Out of a total of 45 stocks, 35 stocks were covered by less than 5 brokers at the time of our initiating coverage.
  • In 12 of these stocks, Monarch was the first broker to cover.
  • Our reports are detailed and have deep insights. The coverage is spread across 10 sectors.
Focused Approach

Focused Approach

  • 85% of our coverage is on stocks below Rs. 20,000 Cr. Mcap companies which show our focus.
  • These companies have a long track record but very little research coverage.
  • Our reports are free to read on our digital handles. We also communicate through short videos on our covered companies.
Long Term Investors

Long Term Investors

  • We effectively communicate the investment thesis to institutional clients (both Dlls and Flls).
  • In 20% of our coverage stocks, the institutional holding increased by an average of 5% in 12 months post our coverage.
  • We have more than 70 institutional empaneled clients.

Robust Research Team

Our research philosophy revolves around the belief that value creation stems from comprehensive insights. To achieve this, we have curated a team with a cumulative experience of over 100 years, spanning fundamental, quantitative, derivative, and technical research. This depth of expertise positions us as a reliable partner for investors seeking superior returns and a high margin of safety.

Key Features

Research Methodology

Research Methodology

Our methodology is designed to make a real difference to investors. All recommendations are rooted in a high margin of safety and the potential for superior returns.

Comprehensive Reports

Comprehensive Reports

We offer solid and actionable research reports across equities, derivatives, commodities, and currencies, providing a holistic view of the market.

Experienced Team

Experienced Team

Our team boasts expertise in fundamental, quantitative, derivative, and technical research, ensuring a well-rounded and thorough analysis for our clients.

Connect with Monarch Networth Capital Limited

For inquiries or assistance related to our financial services, feel free to reach out to our dedicated team.
We are committed to providing prompt and reliable support. You can write to us at reachus@mnclgroup.com
Your financial success is our priority, and we look forward to assisting you in your journey.

Ahmedabad Corporate Office:
Monarch House,
Opp. Prahladbhai Patel Garden,
Near Ishwar Bhuvan,
Commerce Six Road,
Navrangpura, Ahmedabad-380009
Mumbai Corporate Office :
Monarch Networth Capital Limited,
G Block, Laxmi Tower,
B Wing, 4th Floor,
Bandra Kurla Complex,
Bandra East, Mumbai – 400051.
Registered office :
Unit No. 803-804A,
8th Floor, X-Change Plaza,
Block No. 53, Zone 5,
Road-5E, Gift City,
Gandhinagar - 382050, Gujarat
Contact No. : +91-22-66476400 / 43211800 / 62021600

Reach Us

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Investor Announcements

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.

    • KYC is one time exercise while dealing in securities markets-once KYC is done through a SEBI registered intermediary (Broker, DP, Mutual Fund etc.), You need not undergo the same process again when you approach another intermediary.
    • No need to issue cheques by investors while subscribing to IPO. Just write the bank account number and sign in the application form to authorize your bank to make payment in case of allotment. No worries for refund as the money remains in investor’s account.
    • Prevent Unauthorized Transactions in your demat account - > Update your Mobile Number with your Depository Participant. Receive alert on your Registered Mobile for All Debit and other important transactions. In your demat account directly from depository on the same day.
    • Stock Brokers can accept securities as margin from clients only by way of pledge in the depository system w.e.f. September 1, 2020.
    • Update your mobile number & email Id with your stock broker/depository participant and receive OTP directly from depository on your email id and/or mobile number to create pledge.
    • Pay 20% upfront margin of the transaction value to trade in cash market segment.
    • Investors may please refer to the Exchange’s Frequently Asked Questions (FAQ's) issued vide circular reference NSE/INSP/45191 dated July 31, 2020 and NSE/INSP/45534 dated August 31, 2020 and other guidelines issued from time to time in this regard.
    • Check your Securities /MF/ Bonds in the consolidated account statement issued by NSDL/CDSL every month. Issued in the interest of Investors

    If you are not satisfied with the resolution provided, you can lodge your complaint online at: https://scores.sebi.gov.in/link

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    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”.

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  • 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.

  • Please do not share your online trading password with anyone as this could weaken the security of your account and lead to unauthorized trades or losses.
    Monarch Networth Capital Limited (‘MNCL’) | CIN No.: L64990GJ1993PLC120014

    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.

    Contact Details

    Tel:079-26666500 / 6600500
    Email:helpdesk@mnclgroup.com
    Grievances:grievances@mnclgroup.com
    NPS Email ID:nps@mnclgroup.com
    Email ID:reachus@mnclgroup.com
    IPO:ipo@mnclgroup.com
    Compliance Officer:Nikhil Parikh (Click to view details)
    Compliance Email:compliance@mnclgroup.com
    Compliance Tel:+91-79-26666768

    “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: grievances@mnclgroup.com

    CLIENT BANK ACCOUNT DETAILS

    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".

    Registered Numbers

    SEBI Registration No:INZ000008037
    NSE Member ID:06386
    BSE: Member ID :197
    MCX: Member ID :10585
    Date of Admission:28/02/2004
    NCDEX: Member ID :00011
    Date of Admission:06/12/2003
    CDSL-DP ID:35000
    NSDL-DP ID:IN303052
    SEBI Reg (DP):IN-DP-278-2016
  • Complete name of entity registered with SEBI as Portfolio Manager:Monarch Networth Capital Limited
    Type of Registration (Individual, Non-Individual):Non-Individual
    PMS Registration No.:INP000006059
    Corporate Identification No.:L64990GJ1993PLC120014
    Principal Place of Business:301-302, 3rd Floor, Arunachal Building, Barakhamba Road, New Delhi - 110001
    Registered Office Address:Unit No. 803-804A, 8th Floor, X-Change Plaza, Block No. 53, Zone 5, Road-5E, Gift City, Gandhinagar, Gandhinagar, Gujarat, India, 382050
    Corresponding SEBI regional/local office Address:8th floor, Plate B, Tower 1, NBCC Complex, East Kidwai Nagar, New Delhi – 110023

    Contact Details

    Principal Officer:Md Shaukat Ali
    Email:shaukat.ali@mnclgroup.com
    Contact No.:011-40851303
    Compliance Officer:Diksha Jha
    Email ID:pms.compliance@mnclgroup.com
    Contact No.:011-40851312

    Mechanism for addressing grievances and information about SCORES.

    Contacts for Investor Grievance

    pms.grievance@mnclgroup.com

  • 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. Yukti Jain
    Email :AIFcompliance@mnclgroup.com
    Phone :+91 22 66746424
  • 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, 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

  • 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

    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.

    Phone: 022 - 66476400 / 66476405

    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:mt.helpdesk@in.mpms.mufg.com
    Website:in.mpms.mufg.com

    Escalation Matrix

    For any queries related to broking please contact helpdesk@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
    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.

Disclaimer

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

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