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Monarch Networth Capital Ltd.

BSE: 511551 Sector: Financials
NSE: MONARCH ISIN Code: INE903D01011
BSE 15:42 | 22 Mar 212.20 7.95
(3.89%)
OPEN

204.20

HIGH

214.45

LOW

204.20

NSE 15:42 | 22 Mar 212.95 10.10
(4.98%)
OPEN

202.00

HIGH

212.95

LOW

202.00

OPEN 204.20
PREVIOUS CLOSE 204.25
VOLUME 3073
52-Week high 419.00
52-Week low 181.10
P/E 14.37
Mkt Cap.(Rs cr) 659
Buy Price 213.70
Buy Qty 500.00
Sell Price 0.00
Sell Qty 0.00
OPEN 204.20
CLOSE 204.25
VOLUME 3073
52-Week high 419.00
52-Week low 181.10
P/E 14.37
Mkt Cap.(Rs cr) 659
Buy Price 213.70
Buy Qty 500.00
Sell Price 0.00
Sell Qty 0.00

Monarch Networth Capital Ltd. (MONARCH) - Company History

Incorporated on 2 Dec.'93 Networth Stock Broking Ltd. formerly known as Networth Finance (NFL) was promoted by R F Mutha and S P Jain. The company entered capital market with a public issue on 8 Aug.'94 to meet the cost of acquiring membership in the capital market segment of the NSE and to the meet the infrastructure cost including computerisation communication and furnishing of the office.The company's main area of operations are dealing in shares and rendering corporate advisory services. It has commenced operations on the National Stock Exchange. It has obtained dealership on the OTCEI. NFL has started rendering corporate advisory services and consultancy services to NRIs/OCBs and other foreign investors. It has also started developing specialised software on Indian capital markets for its clientele.In 1995-96 the company was approved by SEBI as a category-I merchant banker. It came out with a rights issue in the ratio of 1:2 at par to meet working capital requirements.

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