Merchant Banking Manager

Intellectual Capital HR Consulting Pvt. Ltd.; Lucknow; On-site; INR 1,200,000 - 1,800,000; Full time

Job summary

Intellectual Capital HR Consulting Pvt. Ltd. in Mumbai seeks an experienced Merchant Banking Execution Manager / Associate.

You will lead and execute MB/ECM transactions, including IPOs, FPOs, QIPs and rights issues, collaborating with issuers, regulators, exchanges, and investors to ensure timely, compliant execution. The role requires 5–15 years of MB/ECM experience, strong due diligence, drafting of offer documents, and coordination with internal legal and compliance teams.

Qualifications

• 5 to 15 years of experience in Merchant Banking or Equity Capital Markets (MB/ECM).
• CS / LLB preferred; or CA / MBA (Finance) / MSc (Finance) / CFA with experience in legal due diligence and IPO documentation.

Responsibilities

• Execute MB/ECM transactions (IPOs, FPOs, QIPs, preferential issues, rights issues).
• Demonstrated track record on at least 5 MB/ECM transactions including IPOs.
• Collaborate with internal teams and external service providers to ensure seamless execution.
• Conduct due diligence and ensure accuracy of offer documents; manage pre/post-issue processes.
• Draft and prepare Offer Documents for IPOs, QIPs, rights issues, etc.; draft NDAs and term sheets.
• Maintain knowledge of securities laws (SEBI ICDR, LODR, Companies Act).
• Coordinate with regulators, stock exchanges and intermediaries for compliant execution.
• Manage subscriptions, anchor book, allocation, and syndicate activities.
• Demonstrate delivery management for multiple transactions and tight deadlines.
• Apply financial analytics to KPI reviews and business models.
• Engage stakeholders at all levels and support marketing with pitch decks.

Skills

MB/ECM experience

IPO/Due Diligence

Regulatory knowledge

Stakeholder management

Team coordination

Education

CS / LLB preferred

CA / MBA (Finance) / MSc (Finance) / CFA with IPO/docs experience

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.