Merchant Banking Manager

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

Job summary

Intellectual Capital HR Consulting Pvt. Ltd. invites an experienced Merchant Banking Execution Manager / Associate to lead end-to-end MB/ECM transactions from IPOs to FPOs, QIPs and rights issues in Mumbai. The role requires 5–15 years in MB/ECM, with strong due diligence and regulatory knowledge.

Education preferences include CS / LLB or CA/MBA/ MSc/ CFA with solid drafting experience for offer documents and primary market issues; collaboration with internal teams and regulators is essential.

Qualifications

• Educational qualifications as stated: 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.

Responsibilities

• Execute MB/ECM transactions (IPOs, FPOs, QIPs, rights issues, and more) with internal and external stakeholders.
• Demonstrate a track record with at least 5 MB/ECM transactions including IPOs.
• Collaborate with investment banking, legal, compliance and finance teams plus external service providers for seamless execution.
• Conduct thorough due diligence and manage pre- and post-issue processes for IPOs, QIPs, rights issues and buybacks.
• Draft and prepare offer documents for IPOs, QIPs, rights issues, preferential issues, buybacks, open offers, delisting and corporate advisory mandates; draft related agreements (NDAs, mandate letters, information memoranda, term sheets, share subscription agreements).
• Maintain in-depth knowledge of securities laws including SEBI ICDR/LODR, Companies Act and related frameworks; coordinate with regulators and stock exchanges for timely execution.
• Manage subscriptions, anchor book, allocation and syndicate activities; coordinate with syndicate brokers.
• Demonstrate project and delivery management skills to handle multiple transactions and meet deadlines.
• Apply robust analytical skills to interpret financial statements and KPIs, understand business models and the broader market ecosystem.
• Prepare pitch decks and marketing collateral for institutional investors; assist research with financial models.

Education

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

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.