Vaibhav Shah | Chairman and MD | MNCL
The finance sector has gone through some drastic transformation over the last few years. Finance professionals were once considered number crunchers, but now they are recognized as important cogs in business from a strategic standpoint. In this ever-changing business world, new finance leaders have had to cater their skills to a new type of finance professionals in order to get the best out of them.
Vaibhav Shah is one such leader in finance space who is Chairman and Managing Director of Monarch Networth Capital Ltd (MNCL). He is one of the founding pillars who bring years of acumen and professionalism in Monarch Group (Now Merged with Networth Stock Broking Limited). It is a leading and reliable financial services provider company in India. With his rich experience of more than 25 years in the financial market, he is guiding the company to its next progressive era. On account of his exceptional leadership skills and outstanding commitment, Monarch Networth has received several accolades in the recent times.
Some Valuable Insights from Vaibhav’s Desk
He is an enterprising leader with a keen eye to identify and capitalize upon new business opportunities and propel the business forward. He has a natural flair for forging long term association with clients, vendors and external business partners. He is also a focused sales leader who inspires the team with his pragmatic approach.
Optimistic and opportunity grabber, Vaibhav has an affable personality and believes in good karma. “If you have done the good deeds then the universe will reward you in one way or the other”, says Vaibhav. “My brother Himanshu shah and I worked very hard to take this company at this level. My younger brother Bankim Shah, other team from “bombay regional”, Suresh Bafna, Manju Bafna, Ashok Bafna and Shailen Shah have played vital role to build this company, asserts Vaibhav. They have always been his source of inspiration, support, and guide. Talking about the family, he says “My family members are a source of my mental strength”.
Exceptional Services with New Generation Finance Platforms
Monarch Networth Capital is a strategic amalgamation of two leading financial service providers; Monarch Group of Companies and Networth Stock Broking Ltd. With a network of 71+Branches, more than 540+ Employees, and 472+ Business Associates and over 243000+ clients across India, the company is dedicated to adding value to its clients. MNCL has always believed in building a knowledge bank to bring about a progressive change for all customers and stakeholders.
MNCL has a membership with NSE, BSE, MCX-SX, MCX, and NCDEX. It allows its customers to trade and invest in a wide range of financial products including Equities (Cash & Derivatives), Commodities, Currency Derivative, NBFC, Mutual Fun, IPO & BONDS, Depository Services, Merchant Banking, National Pension System (NPS).
In the earlier days if someone wanted to trade or invest then they had to call a broker and execute the orders via broker. But technology has changed the entire landscape of the business. Now clients can trade from their mobile, tablet, and desktops. With the help of user-friendly Applications on the mobile phone, clients can trade anytime and anywhere. Today, with concrete efforts, Monarch Networth Capital is a torch bearer of technology and innovation in the finance space.
When it comes to trading platforms, MNCL offers absolutely free trading software to its valuable clients.
MNCL Mobile – The Company provides a mobile app called MNCL Mobile to its clients. The application is available across both Android and iOS operating systems with advanced feature embedded in it.
Insta Trade-It is a browser-based web application of MNCL. There is no need to download or install the app. One just needs to visit MNCL website and go to “Trade on web” option through any web browser including Mozilla firefox, safari, and chrome or internet explorer. After that by providing valid credentials, one can start using this trading software.
Insta Trader Client – This is a terminal based solution where clients are required to download an EXE file onto their computer or laptop. After installing this software, one can start trading on this.
MNCL Research – MNCL understands the importance of providing quality and timely research to enable the clients to make informed decisions. MNCL has a strong Equity, Commodities, and Currency Research Team with cumulative experience in Fundamental, Quantitative, Derivative and Technical Research. Analysts give recommendations and prepare reports after analyzing Macro- Economics, Fundamentals, Technical and Sentiments of Markets. The company is dedicated to releasing Equity and commodity reports and currency reports to its clients.
Risk Management: Key Factor which would help to Achieve Goals
From politics, weather, economic ups and downs, to a global economy and geopolitics – everything has an impact on trading. “These things can be both exciting as well as scary. But if you want to survive in this business then there are 3 things that you need to kept in mind: Risk management, Risk Management, and Risk management”, says Vaibhav.
Vaibhav believes that if one is able to manage risk against rewards, then one can make a long prospective career in this field. “If you are a process driven person and if you know how to follow your defined process then it will help a lot”, he adds.
Reminiscing the Memorable Times
Vaibhav always idolizes Gautam Adani and Rajesh Adani as entrepreneurs. On Monarch House opening ceremony at Ahmedabad, the complete Adani family came and monarch house was inaugurated by Gautam Adani & Rajesh Adani. “I consider this as one of my memorable moments”, says Vaibhav.
The company has received the award for best regional broker from NSE. Talking about awards he says, “To receive the award from the exchange where more than 1400 brokers are registered and you get recognized for your work that inspires us to do more quality work”.
A Journey towards Flourishing Future
Under Vaibhav’s leadership, the Monarch Group has transformed into one of the biggest ethical and trustworthy financial organization of India. “I am a person who does not compare my business with others. My biggest competition is always with my last year’s performance. My goal is to keep improving that and beat the industry standards. My goal is to become the Goldman Sachs of India”, asserts Vaibhav. Progressing forward with a positive approach, the company continues to deliver best-in-class financial services to its clients.
To know more Contact –
For Broking: 7767000300
For Insurance & Mutual fund: 9029006639
