Developer docs
API playgroundTry for free, no card

Search company profiles

Munoth Financial Services

Full company profile

uuid003nbcc

Namestring
Munoth Financial Services
Legal namestring
Munoth Financial Services Limited
Company typeenum
Public
Founded yearint
1990
Operating statusenum
Operating
Ownership categoryenum
Headcount rangeband
11–50
akta.pro rankint
HeadquartersChennai, India
HQ citystring
Chennai
HQ countrystring
India
HQ regionstring
Asia
Markets served

Serves global market

Offices1 record

Each record includes

City, Country, Type, Description, Source

Keyword5 values
merchant banking services, stock broking services, depository participant services, IPO lead management, M&A advisory services
Industry2 codes
PRIMARYFSACAFAK
Equity Capital Introduction & Prime Services
Financial & Insurance/Capital Markets & Securities/Equities Trading & Prime Brokerage
SECONDARYFSACAFAB
Equity Prime Brokerage (Custody, Financing & Services)
Financial & Insurance/Capital Markets & Securities/Equities Trading & Prime Brokerage
NAICS code1 code
  • Securities, Commodity Contracts, and Other Financial Investments and Related Activities523
SIC code1 code
  • Security Brokers, Dealers & Flotation Companies6211
Product category
Securities and Investment Banking
Social media profiles1 record
GTM motion1 record

Each record includes

Type, Description, Source

Revenue model3 records
1Stock Broking Services
TypeTransaction Fee
Description

Commission-based stock broking services for retail and institutional clients on NSE

munothfinancial.com
2Merchant Banking Services
TypeProfessional Services
Description

Fees earned from lead managing IPOs, ESOP management, M&A advisory, and valuation services for corporate clients

munothfinancial.com
3Depository Services
TypeTransaction Fee
Description

Depository participant services for demat account holders through NSDL

munothfinancial.com
Marketing channels3 records

Each record includes

Title, Type, Stage, Description, Source

Distribution channels3 records

Each record includes

Title, Type, Scope, Target buyer, Description, Source

Cost components5 values
Personnel, Operations, Technology or R&D, Marketing or Sales, Infrastructure
GTM typeB2B and B2C
B2B and B2C
Offering typeServices
Services
Core offering1 text field

Munoth Financial Services Limited provides three core financial services: (1) Merchant Banking including IPO lead management, M&A advisory, ESOP administration, restructuring, and valuations; (2) Stock Broking on the National Stock Exchange for retail and institutional clients; and (3) Depository Services as an NSDL Depository Participant offering demat account services for electronic securities holding. The firm operates under SEBI registrations across all three lines.

Differentiator
Functional benefit
Problem solved
Product overview1 text field

Munoth Financial Services Limited (MFSL) is a SEBI-registered financial services company offering a unified portfolio of three core products: Merchant Banking services (including IPO management, M&A advisory, and ESOP services), Depository Services (as South India's first depository participant with NSDL), and Stock Broking services on NSE. The company operates as an integrated financial services firm serving retail and institutional clients, with over 25 years of experience since incorporation in 1990.

Product and service3 records
1Merchant Banking
CategoryInvestment Banking / Merchant Banking
Description

SEBI-registered merchant banking services including Issue Management (IPO lead management), M&A advisory, investment banking, restructuring, ESOP design and administration, and valuations for corporate clients. MFSL has handled over 100 IPOs, ESOPs, and Mergers & Acquisitions under SEBI registration INB000003739.

2Depository Services
CategoryDepository / Custody Services
Description

NSDL Depository Participant services (registration IN-DP-NSDL-30-97) for opening and operating demat accounts to hold securities in electronic form. MFSL is South India's first depository participant and serves both retail and institutional account holders.

3Stock Broking
CategorySecurities Brokerage
Description

Stock broking services on the National Stock Exchange of India (NSE) for retail and institutional clientele, providing equity trading and investment services under SEBI registration INZ000283035.

Scale indicator4 records

Each record includes

Type, Value, Description, Source

Recent move6 records

Each record includes

Date, Type, Title, Description, Source

Expansion highlight3 records

Each record includes

Type, Description

Peers10 records
1JM Financial
TypeDirect peer
Description

Indian financial services group with investment banking (including merchant banking), broking, and wealth management businesses. Directly comparable as a diversified capital-markets intermediary targeting issuers and investors.

TypeDirect peer
Description

Kerala-based Indian financial services firm offering stock broking, depository services and wealth/distribution. Most directly comparable peer to MFSL by virtue of similar regional (South India) positioning, traditional service model and customer mix.

3Choice International
TypeDirect peer
Description

Indian financial services company offering broking, merchant banking / investment banking, depository and distribution services. Closely comparable to MFSL in size, multi-vertical structure and reliance on traditional relationship-driven sales.

TypeDirect peer
Description

Mid-market Indian financial services firm offering investment banking, broking, and wealth management with an integrated model similar to MFSL. Often participates in SME and mid-cap IPO advisory mandates alongside larger peers.

TypeDirect peer
Description

Full-service Indian broker and investment bank providing broking, merchant banking / IPO advisory, and wealth services. Comparable to MFSL in offering breadth and client segmentation, with a stronger national franchise.

TypeDirect peer
Description

Offers stock broking, investment banking / merchant banking, depository services and distribution across Indian capital markets. Closely mirrors MFSL's three-pillar model and serves a similar mix of retail, institutional and corporate clients.

7Kotak Mahindra Capital Company
TypeBroad incumbent
Description

Investment banking arm of Kotak Group with a strong merchant banking / equity capital markets franchise and broader group-level broking and depository capabilities. Comparable on the merchant banking vertical where MFSL competes for lead-management mandates.

TypeDirect peer
Description

Traditional Indian retail broking franchise with depository services, historically relationship-led like MFSL. Most comparable on the stock broking and depository verticals, particularly with HNI and retail clients in tier-2/3 markets.

TypeDirect peer
Description

Indian full-service financial services group offering stock broking, merchant banking, investment banking, and wealth management. Directly comparable to MFSL across all three core verticals (merchant banking, broking, depository), though at materially larger scale and with national footprint.

TypeBroad incumbent
Description

Large, listed Indian brokerage and investment bank with national distribution, strong IPO advisory franchise and digital platforms. Overlaps with MFSL across all three verticals but operates at vastly greater scale and competes on technology as well as relationships.

Market position
Strengths4 records

Each record includes

Headline, Details, Source

Weaknesses5 records

Each record includes

Headline, Details, Source

Competitive moat3 records

Each record includes

Type, Details

Key risks6 records

Each record includes

Headline, Details, Source

Key highlights6 records

Each record includes

Headline, Details, Source

Customer concentration

Classification, Details

Segment3 records

Each record includes

Title, Type, Primary, Description, Pain point addressed, Use case, Source

Ideal customer profile3 records

Each record includes

Profile, Firmographic size, Sales motion, Sales cycle length, Buying structure, Purchase trigger, Buyer persona, Geography, Industry vertical, Primary use case, Description, Pain points, Evidence proof points, Target buyer

Technology focused
No
API detail
Has APIbool
No

Docs URL, Description

AI maturity
App detail

Has app

Core technology
Revenue estimate
Valuation estimate
Number of profiles
Profiles3 records

Each record includes

Name, Designation, Designation category, Overview, Profile commentary, Source

No data
No data
Funding overview

Funding stage, Last funding date, Total funding USD

Funding rounds

Each record includes

Round, Amount USD, Date, Pre money valuation, Total investors, Investors, News

Investors

Each record includes

Name, Type, Date of entry, Rounds participated, Website

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Each record includes

Name, Acquisition type, Announced date, Completed date, Status, Website, News

Investment

Each record includes

Name, Round, Announced date, Lead investor, Website, News

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Munoth Financial Services

Securities and Investment Bankingmunothfinancial.com

Munoth Financial Services firmographics

Firmographics
Name
Munoth Financial Services
Legal name
Munoth Financial Services Limited
Website
https://munothfinancial.com
Company type
Public
Founded year
1990
Operating status
Operating
Headcount range
11–50 employees
Ownership category
akta.pro rank

Munoth Financial Services industry classification

Industry
Product category
Securities and Investment Banking
NAICS
Securities, Commodity Contracts, and Other Financial Investments and Related Activities (523)
SIC
Security Brokers, Dealers & Flotation Companies (6211)
akta.pro industry
PRIMARYFSACAFAK
Equity Capital Introduction & Prime Services
Financial & Insurance/Capital Markets & Securities/Equities Trading & Prime Brokerage
SECONDARYFSACAFAB
Equity Prime Brokerage (Custody, Financing & Services)
Financial & Insurance/Capital Markets & Securities/Equities Trading & Prime Brokerage

Keywords

  • Merchant banking services
  • Stock broking services
  • Depository participant services
  • IPO lead management
  • M&A advisory services

Where Munoth Financial Services is headquartered

Location

Headquarters

HQ city
Chennai
HQ country
India
HQ region
Asia

Offices1 record

Markets served

Munoth Financial Services business model

Business model
GTM type
B2B and B2C
Offering type
Services
Cost components
Personnel, Operations, Technology or R&D, Marketing or Sales, Infrastructure

Revenue model

  1. Stock Broking Services: Commission-based stock broking services for retail and institutional clients on NSE
  2. Merchant Banking Services: Fees earned from lead managing IPOs, ESOP management, M&A advisory, and valuation services for corporate clients
  3. Depository Services: Depository participant services for demat account holders through NSDL

Go-to-market motion1 record

Distribution channels3 records

Marketing channels3 records

Munoth Financial Services product offering

Product offering

Core offering

Munoth Financial Services Limited provides three core financial services: (1) Merchant Banking including IPO lead management, M&A advisory, ESOP administration, restructuring, and valuations; (2) Stock Broking on the National Stock Exchange for retail and institutional clients; and (3) Depository Services as an NSDL Depository Participant offering demat account services for electronic securities holding. The firm operates under SEBI registrations across all three lines.

Product overview

Munoth Financial Services Limited (MFSL) is a SEBI-registered financial services company offering a unified portfolio of three core products: Merchant Banking services (including IPO management, M&A advisory, and ESOP services), Depository Services (as South India's first depository participant with NSDL), and Stock Broking services on NSE. The company operates as an integrated financial services firm serving retail and institutional clients, with over 25 years of experience since incorporation in 1990.

Differentiator

Problem solved

Functional benefit

Products and services

  • Merchant Banking SEBI-registered merchant banking services including Issue Management (IPO lead management), M&A advisory, investment banking, restructuring, ESOP design and administration, and valuations for corporate clients. MFSL has handled over 100 IPOs, ESOPs, and Mergers & Acquisitions under SEBI registration INB000003739.
  • Depository Services NSDL Depository Participant services (registration IN-DP-NSDL-30-97) for opening and operating demat accounts to hold securities in electronic form. MFSL is South India's first depository participant and serves both retail and institutional account holders.
  • Stock Broking Stock broking services on the National Stock Exchange of India (NSE) for retail and institutional clientele, providing equity trading and investment services under SEBI registration INZ000283035.

Companies that use Munoth Financial Services

Customer profile

Segments3 records

Ideal customer profiles3 records

Munoth Financial Services technology and API

Technology

Technology focussed No

API detail

Has API
No
API docs
API detail

Core technology

AI maturity

App detail

Munoth Financial Services partnerships and signals

Strategic signal

Scale indicators4 records

Recent moves6 records

Expansion highlights3 records

Munoth Financial Services competitors and assessment

Company assessment

Direct peers

  • JM Financial: Indian financial services group with investment banking (including merchant banking), broking, and wealth management businesses. Directly comparable as a diversified capital-markets intermediary targeting issuers and investors.
  • Geojit Financial Services: Kerala-based Indian financial services firm offering stock broking, depository services and wealth/distribution. Most directly comparable peer to MFSL by virtue of similar regional (South India) positioning, traditional service model and customer mix.
  • Choice International: Indian financial services company offering broking, merchant banking / investment banking, depository and distribution services. Closely comparable to MFSL in size, multi-vertical structure and reliance on traditional relationship-driven sales.
  • Centrum Capital: Mid-market Indian financial services firm offering investment banking, broking, and wealth management with an integrated model similar to MFSL. Often participates in SME and mid-cap IPO advisory mandates alongside larger peers.
  • Anand Rathi Financial Services: Full-service Indian broker and investment bank providing broking, merchant banking / IPO advisory, and wealth services. Comparable to MFSL in offering breadth and client segmentation, with a stronger national franchise.
  • IIFL Securities: Offers stock broking, investment banking / merchant banking, depository services and distribution across Indian capital markets. Closely mirrors MFSL's three-pillar model and serves a similar mix of retail, institutional and corporate clients.
  • Sharekhan (BNP Paribas): Traditional Indian retail broking franchise with depository services, historically relationship-led like MFSL. Most comparable on the stock broking and depository verticals, particularly with HNI and retail clients in tier-2/3 markets.
  • Motilal Oswal Financial Services: Indian full-service financial services group offering stock broking, merchant banking, investment banking, and wealth management. Directly comparable to MFSL across all three core verticals (merchant banking, broking, depository), though at materially larger scale and with national footprint.

Broad incumbents

  • Kotak Mahindra Capital Company: Investment banking arm of Kotak Group with a strong merchant banking / equity capital markets franchise and broader group-level broking and depository capabilities. Comparable on the merchant banking vertical where MFSL competes for lead-management mandates.
  • ICICI Securities: Large, listed Indian brokerage and investment bank with national distribution, strong IPO advisory franchise and digital platforms. Overlaps with MFSL across all three verticals but operates at vastly greater scale and competes on technology as well as relationships.

Market position

Strengths4 records

Weaknesses5 records

Competitive moat3 records

Key risks6 records

Key highlights6 records

Customer concentration

Munoth Financial Services social profiles

Digital presence

Munoth Financial Services financial estimates

Financial estimate

Revenue estimate

Valuation estimate

Munoth Financial Services leadership team

Management profile

Number of profiles

Profiles3 records

Munoth Financial Services funding detail

Funding detail

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

Munoth Financial Services M&A and investment

M&A and investment

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Munoth Financial Services

What does Munoth Financial Services do?

Munoth Financial Services Limited provides three core financial services: (1) Merchant Banking including IPO lead management, M&A advisory, ESOP administration, restructuring, and valuations; (2) Stock Broking on the National Stock Exchange for retail and institutional clients; and (3) Depository Services as an NSDL Depository Participant offering demat account services for electronic securities holding. The firm operates under SEBI registrations across all three lines.

Is Munoth Financial Services a public or private company?

Munoth Financial Services is a public company. It is classified as public and is currently operating.

When was Munoth Financial Services founded?

Munoth Financial Services was founded in 1990. It employs 11 to 50 people.

Where is Munoth Financial Services based?

Munoth Financial Services is headquartered in Chennai, India, in the Asia region.

How does Munoth Financial Services make money?

Three revenue lines are on record. Stock Broking Services are the primary driver. The others are merchant Banking Services and depository Services.

Who are Munoth Financial Services's main competitors?

Direct peers on record are JM Financial, Geojit Financial Services, Choice International, Centrum Capital, Anand Rathi Financial Services, IIFL Securities, Sharekhan (BNP Paribas) and Motilal Oswal Financial Services. Broad incumbents are Kotak Mahindra Capital Company and ICICI Securities.

Does Munoth Financial Services have an API?

No public API is recorded for Munoth Financial Services.

What industry is Munoth Financial Services in?

Munoth Financial Services's product category is Securities and Investment Banking. Its primary akta.pro industry code is FSACAFAK, Equity Capital Introduction & Prime Services, with a secondary code of FSACAFAB, Equity Prime Brokerage (Custody, Financing & Services). Its NAICS code is 523 and its SIC code is 6211.

Unlock the full company data

50 free credits on sign-up, no credit card required.

Contact sales
Live signals
ScanXMunoth Financial Services Q2FY27 Results: Net profit turns positive to ₹0.46 lakhMunoth Financial Services reported a net profit of ₹0.46 lakh for Q2FY27, up from a loss of ₹1.35 lakh in Q2FY26. Revenue from operations fell to ₹8.59 lakh from ₹21.04 lakh, while a gain on fair value of investments of ₹10.07 lakh drove total revenue to ₹18.68 lakh. The company's current ratio improved to 1.57, but net cash used in operating activities was negative at ₹18.60 lakh.ScanXMunoth Financial Services concludes 35th AGM with director re-appointmentsMunoth Financial Services held its 35th AGM on September 28, 2026, via video conferencing, where shareholders adopted FY26 audited financial statements and re-appointed directors Vikas and Lalchand Munoth. E-voting results will be disclosed within two working days.ScanXMunoth Financial Services holds 35th AGM on September 28Munoth Financial Services will hold its 35th AGM on September 28, 2026, via video conferencing, with e-voting open September 25-27. The company filed its FY26 annual report with the BSE under SEBI LODR regulations. Shareholders holding shares as of September 21 are eligible to vote.Business StandardMunoth Financial Services reports standalone net loss of Rs 1.27 crore in the March 2026 quarterMunoth Financial Services reported a standalone net loss of Rs 1.27 crore in the quarter ended March 2026, widening from a net loss of Rs 0.43 crore in the same quarter of the previous year. Sales were nil in Q4 FY2026 compared to Rs 0.09 crore in Q4 FY2025, while full-year net loss more than quadrupled to Rs 1.11 crore from Rs 0.27 crore, with annual sales declining 28.07% to Rs 0.41 crore. The company has shown deteriorating financial performance across both quarterly and annual periods.Business StandardMunoth Financial Services Ltd Share Price Today, 19.76, Munoth Financial Services Ltd Stock Price 19.76 on 27th Mar 2026, Munoth Financial Services Ltd Stock Price Live NSE/BSEMunoth Financial Services Ltd shares closed at Rs 19.76 on March 27, 2026, with no change from the previous closing price. The stock has experienced significant declines over longer periods, dropping 50.98% in the last three months and 65.33% over the last 12 months. The company maintains a market capitalization of Rs 10 crore and a negative price-to-earnings ratio of -13.63.