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Monarch Networth Capital Ltd, an integrated financial services firm led by CEO Gaurav Bhandari and Managing Director Vaibhav Shah, is set to raise Rs 300 crore through a preferential share allotment and a 1:1 bonus share issue. The shares will be priced at Rs 560 each, reflecting an 8.5% discount from the BSE’s last traded price. The fundraise will be led by MONARCH INFRAPARKS PRIVATE LIMITED, with significant contributions from CEO Gaurav Bhandari. The funds will support various strategic initiatives, including portfolio management services, margin trading, and IPO underwriting. The company has also appointed MSKA & Associates as its auditor, pending AGM approval. This initiative will boost Monarch's net worth to Rs 700 crore by September 30, 2024. #MonarchNetworthCapital #MonarchInfraparks #GauravBhandari #MSKAAndAssociates #FinancialServices #BonusShareIssue #StockMarket #Fundraising #IPOUnderwriting #PortfolioManagement #MarginTrading #MutualFund #startup77

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