Merchant Banking Manager

Intellectual Capital HR Consulting Pvt. Ltd.; Ernakulam; On-site; INR 1,800,000 - 3,200,000; 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 coordinating with issuers, regulators, exchanges, and investors to execute IPOs, FPOs, QIPs, and other primary market issues.

You will oversee due diligence, prepare offer documents, and ensure regulatory compliance while partnering with internal teams and external service providers for seamless ECM executions.

Qualifications

• 5–15 years in Merchant Banking or ECM.
• Experience drafting IPOs and related primary market documents.
• Solid understanding of SEBI ICDR/LODR regulations.

Responsibilities

• Execute MB/ECM transactions including IPOs, FPOs, QIPs, and rights issues.
• Collaborate with issuers, regulators, exchanges, intermediaries, and investors.
• Lead due diligence and ensure accuracy of offer documents.
• Draft and prepare IPOs, QIPs, rights issues, and related docs.
• Coordinate with legal, compliance, and finance teams to ensure timely execution.

Skills

MB/ECM experience

IPO & primary market knowledge

Stakeholder management

Due diligence

Drafting & documentation

Education

CS / LLB preferred

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

Tools

Regulatory understanding

Financial modeling (valuation)

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.