Merchant Banking Manager

Intellectual Capital HR Consulting Pvt. Ltd.; Ahmedabad District; On-site; INR 3,000,000 - 6,000,000; Full time

Job summary

Intellectual Capital HR Consulting Pvt. Ltd. is seeking a Merchant Banking Execution Manager / Associate in Mumbai with 5–15 years of MB/ECM experience. The role involves executing IPOs, FPOs, QIPs, and other primary market issues, coordinating with issuers, regulators, and intermediaries.

Responsibilities include due diligence, drafting offer documents, managing end-to-end issue processes, and collaborating with legal, compliance, and finance teams to deliver timely, compliant transactions.

Qualifications

• 5 to 15 years of Merchant Banking (MB) / ECM experience.
• Experience in IPOs, FPOs, QIPs, and other primary market issues.
• Strong drafting and document management for offers.
• Knowledge of SEBI ICDR/LODR and Companies Act.
• Ability to coordinate with regulators, issuers, and intermediaries.

Responsibilities

• Execute MB/ECM transactions with issuers, regulators, exchanges.
• Collaborate with investment banking, legal, compliance, and finance teams.
• Conduct due diligence and prepare offer documents.
• Draft and finalize IPO, QIP, rights issue documents.
• Manage subscriptions and allocation processes for issues.
• Support marketing with pitch decks and financial models.
• Oversee multiple transactions and meet deadlines.

Skills

Transaction Execution

Regulatory & Compliance

Stakeholder Management

Drafting & Documentation

Financial Analysis

Education

CS / LLB preferred

CA / MBA (Finance) / MSc (Finance) / CFA

Job description

Role Overview

• Role: Merchant Banking Execution Manager / Associate


• Location: Mumbai


• Experience: 5 to 15 years in Merchant Banking (MB) / Equity Capital Markets (ECM)


• Compensation: In line with experience and industry standards


• Educational Qualification: CS / LLB preferred; or CA / MBA (Finance) / MSc (Finance) / CFA with solid experience in legal due diligence and drafting of IPO and other primary market issue documentation.

Key Responsibilities

• Transaction Execution: Work closely with internal and external stakeholdersincluding issuers, regulators, stock exchanges, other intermediaries, and investors—to ensure the successful execution of MB/ECM transactions such as IPOs, FPOs, QIPs, preferential issues, and rights issues.


• Track Record: Proven experience of having worked on at least 5 MB/ECM transactions, including IPOs.


• Collaboration: Partner with various internal teams (investment banking, legal, compliance, and finance) as well as external service providers to facilitate seamless execution of ECM transactions.


• Due Diligence & Compliance: Conduct thorough due diligence and collaborate with legal, compliance, and audit teams to ensure the accuracy and completeness of offer documents. Manage pre- and post-issue processes for IPOs, QIPs, Preferential Issues, Rights Issues, Buybacks, etc.


• Drafting & Documentation: * Draft and prepare Offer Documents for IPOs, QIPs, Rights Issues, Preferential Issues, Buybacks, Open Offers, Delisting, and Corporate Advisory mandates.
  
  
  
  • Draft other transaction-related documents/agreements such as NDAs, mandate letters, information memoranda, term sheets, and share subscription agreements.
  
  
  
  


• Regulatory Knowledge: Maintain in-depth knowledge of securities laws, including SEBI regulations (such as ICDR and LODR), rules for primary market issuances, the Companies Act, and other relevant regulatory frameworks.


• Regulatory Interface: Coordinate with regulators, stock exchanges, and other agencies/intermediaries to ensure compliant, seamless, and timely execution of issues.


• Issue Management: Manage subscriptions, including the anchor book application and allocation process, form series distribution, syndicate activities, and coordination with syndicate brokers.


• Project & Delivery Management: Demonstrate strong delivery management skills with the ability to handle multiple transactions and meet tight deadlines.


• Financial & Analytical Acumen: Apply robust analytical skills and a keen eye for detail to understand financial statements, financial/operational KPIs, ratio analysis, business models, and the broader business ecosystem.


• Stakeholder Management: Utilize strong communication and interpersonal skills to collaborate effectively with stakeholders at all levels.


• Marketing Support: Prepare pitch decks and other marketing collaterals for institutional investors. Assist the research team in building financial models.

Additional Requirements (For Manager Level)

• Demonstrated ability to independently manage legal/compliance, drafting, and issue management responsibilities for IPOs and ECM deals.


• Proven track record of independently coordinating with issuer management teams, legal counsels, and other external stakeholders.


• Experience in supervising key execution processes and managing a team of ECM execution associates.