- Business
- Mehta Integrated Finance Limited (MEHIF.BO) is a BSE-listed SEBI-registered Category-I merchant banker, incorporated in 1985 and headquartered in Ahmedabad, Gujarat, that engages in non-fund based financial activities, capital market investments, and advisory services across India. The company offers a comprehensive range of merchant banking and corporate finance services, including initial public offerings and follow-on public offers as book running lead manager; valuation services such as business valuations, shares valuation, ESOP valuation, intangible assets valuation, purchase price allocation, and fairness opinions; rights issues, buybacks, takeovers/open offers, delistings, and direct listings; corporate finance advisory for term loans, project loans, working capital finance, letters of credit, bank guarantees, and corporate loans; private equity placements encompassing growth capital, venture funding, preferential allotments, qualified institutional placements, and private investment in public equity; credit rating advisory; ESOP schemes and certifications; and mergers & acquisitions advisory covering buy-side, sell-side, leveraged buyouts, joint ventures, investment advisory, SME listings, and corporate advisory. It maintains associate companies, including Mehta Securities Limited, members of NSE dealing in equity and debt, and a housing finance entity, while investing surplus funds in capital markets and serving corporates, investors, and promoters nationwide. Recent developments include the appointment of additional independent directors and recommendations for two more independent directors approved at the 39th AGM in September 2024; the sad demise of Whole-time Director Chirag D. Mehta, a promoter group member, on January 2, 2025; ongoing merchant banking assignments such as Ashapuri Gold Ornament Ltd.; and routine financial reporting with audited results for FY ended March 31, 2025 approved in May 2025, alongside compliance filings confirming low debt levels and no major borrowings.