Monarch Networth Capital Expands with New Fund Management License

Monarch Networth Capital Limited ( (IN:MONARCH) ) just unveiled an update.

Monarch Networth Capital Limited’s subsidiary, Monarch Networth Capital IFSC Pvt. Ltd., has received a Registered Fund Management Entity (Retail) License from the International Financial Services Centres Authority at GIFT City. This license allows the company to expand its fund management activities significantly, including launching retail investment schemes and managing public offerings of REITs and InvITs. The license positions MNCL Group among a select group of financial institutions in India, enhancing its strategic growth and enabling it to target foreign investors with new equity-focused offerings.

More about Monarch Networth Capital Limited

Monarch Networth Capital Limited operates in the financial services industry, focusing on fund management and investment services. The company provides a range of financial products, including securities, retail investment schemes, and exchange-traded funds, with a market focus on expanding its offerings to global investors.

YTD Price Performance: -28.42%

Average Trading Volume: 21,749

Current Market Cap: 24.61B INR

For a thorough assessment of MONARCH stock, go to TipRanks’ Stock Analysis page.