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Monarch Networth IPO Review (Apply Steps, UPI and Allotment Status)

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Monarch Networth Capital users can apply for an IPO via the e-IPO web platform and mobile applications.

Customers can apply for mainboard and SME IPOs quickly via UPI (Unified Payment Interface) or apply offline via Monarch Networth Capital's mobile app or web platform.

Monarch Networth Capital is an innovative investment and trading platform that allows users to invest and trade in various assets, including equities, mutual funds, forex, F&O and commodities.

The key features of an IPO investment with Monarch Networth Capital include:

  • Invest in Mainboard and SME IPOs.
  • Easy IPO application and status tracking.
  • Detailed information on new listings is available directly in the app.
  • Live monitoring of the subscription status and tracking of the share price after the IPO.
  • Timely notifications about upcoming Initial Public Offerings (IPO),

Steps to apply for an IPO through Monarch Networth Capital

To apply for an IPO online via MNCL e IPO, follow these steps:

  • Open the website.
  • Click on Platforms and Logins.
  • Click on e-IPO.
  • Then you will be redirected to the Login Page.
  • Enter your MNCL Client Code
  • Click Proceed(You can apply for IPO only if you have a trading account with Monarch Networth Capital).
  • You will receive an OTP on your registered mobile number. Enter the OTP and Click on Continue.
  • You will be redirected to the Current IPO Page.
  • Select the IPO you want to apply and click the “Apply” button.
  • On the Next page, you can view all the details related to the IPO, such as Lot size, Price Band and IPO Date.
  • Enter the UPI ID. You can also modify the bid lot.
  • Click on the CheckBox and press the “Submit Application” Button.
  • Once You click the Continue button, you will receive a notification on the UPI application to approve the Mandate.
  • Once you approve the Mandate, the amount will be blocked from your linked bank account.

Steps to apply for an IPO offline through Monarch Networth Capital

To apply for an IPO offline through Monarch Networth Capital, you can:

  1. Click on the e-IPO option.
  2. Click on the tab “Apply in Physical Mode”.
  3. Select whether to apply in Mainboard IPO or SME IPO.
  4. Select the IPO you want to apply for.
  5. Enter the Trade Code and first four digits of the PAN Card.
  6. Click on View Data.
  7. The personalised form will appear, including your name and PAN number.
  8. Enter the other information such as bid price, amount, etc.
  9. Download the form from.
  10. Submit the form to the Monarch Networth Capital branch office along with a cheque.
  11. Receive an acknowledgement form after applying.

If you want to apply for an IPO that costs more than Rs 50,000, you must submit a copy of your PAN card and the application form.

You can also apply for an IPO offline by presenting the application form to a bank participating in the ASBA (Applications Supported by Blocked Amount) program. To do this, you can:

  1. Download the IPO application form from the BSE/NSE website.
  2. Fill out the form with the required details.
  3. Visit a bank branch that participates in ASBA and present the form.
  4. Sign a mandate form that instructs the bank to block the amount.

Before applying, you can check the NSE/BSE portal to see if your bank is associated with ASBA.

Steps to check the status of your IPO application

To check your IPO application status on Monarch Networth, log in to your trading account, go to the "IPO" section, and select the relevant IPO to view your status. You may need to enter your application number for details.

Key steps:

  • Login: Access your trading platform with your credentials.
  • Go to the E-IPO section: Find your dashboard's "IPO" section.
  • Select the IPO: Choose the specific IPO you applied for.
  • Enter application number: If needed, input your application number to view your status.

Monarch Networth Capital IPO Charges

Monarch Networth Capital offers its customers free online IPO application services. There are no charges for applying for an IPO via the AERO Investment Portal, RESACH Mobile App or DIET Desktop Application.

Monarch Networth Capital IPO Allotment Status

To check your IPO Allotment status on Monarch Networth, you can:

  1. Log in to your Monarch Networth online trading platform,
  2. Navigate to the “IPO Section”, and
  3. Use your PAN number or application ID to view your allotment status; alternatively,

You can also check on the registrar's website appointed for the IPO issue by providing your PAN and Demat details.

Steps to apply in Bond IPO through Monarch Networth Capital

  1. Click on the website.
  2. Click on the E-IPO.
  3. Click on the tab “Apply in Physical Mode”.
  4. Then Click on Bonds.
  5. Download the application form by inputting your Trade Code & PAN Number
  6. Take a Print of the Application form.
  7. Submit the form to the Monarch Networth Capital branch office along with a cheque.
  8. Receive an acknowledgement form after applying.

Monarch Networth Special Offer

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Frequently Asked Questions

To apply for an IPO via Monarch Networth Capital, follow these steps:

  1. Click on the website.
  2. Click on E-IPO.
  3. Then you will be redirected to the Login Page.
  4. Enter your MNCL Client Code
  5. Click Proceed(You can apply for IPO only if you have a trading account with Monarch Networth Capital).
  6. You will receive an OTP on your registered mobile number. Enter the OTP and Click on Continue.
  7. You will be redirected to the Current IPO Pag
  8. Select the IPO you want to apply and click the “Apply” button.
  9. On the Next page, you can view all the details related to the IPO, such as Lot size, Price Band and IPO Date.
  10. Enter the UPI ID. You can also modify the bid lot.
  11. Click on the CheckBox and press the “Submit Application” Button.
  12. Once you click the Continue button, you will receive a notification on the UPI application approving the Mandate.
  13. Once you approve the Mandate, the amount will be blocked from your linked bank account.

 

  • Login to your Monarch Networth account: Access your trading account on the Monarch Networth platform.
  • Go to the IPO section: Locate the area dedicated to Initial Public Offerings within your account.
  • Select the IPO: Choose the specific IPO you applied for to view your allotment status.

Alternative methods to check IPO allotment status:

  • Check with your DP: Access your Depository Participant account to view your allotment details.
  • NSE/BSE website: Visit the National Stock Exchange (NSE) or Bombay Stock Exchange (BSE) website to check allotment status using your application number or PAN

 

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Information on this page was last updated on Thursday, February 22, 2024

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