Company lists · Data refreshed October 2026

Top 25 Independent investment banks based in India

RevenueBase identified 1,951 company matches for independent investment banks associated with India as of October 2026 and tracks 41,344 professional contacts across them, including 6,883 with verified work emails. Mumbai is the largest hub.

This list covers company matches for independent investment banks associated with India, found by RevenueBase SmartSearch using the meaning of business descriptions in its company graph at Exact. Ranked by professionals tracked, largest first. Rows show recorded descriptions where available, Exact search membership and the snapshot date. Data refreshed October 14, 2026.

Published by RevenueBase, a B2B data infrastructure company. This list was built with RevenueBase SmartSearch, the natural-language company search RevenueBase customers use to build their own targeted lists and unlock verified emails and direct dials at the companies on them. How these lists are built and judged.

How to read this list RevenueBase SmartSearch · Exact Recorded Oct 14, 2026 How this list was built
1,951Companies
41,344Contacts tracked
6,883Verified emails
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The 25 largest independent investment banks based in India

Ranked by team size
Top 25 of 1,951 company matches for independent investment banks based in India, ordered by professional contacts tracked in RevenueBase, largest first. Recorded Oct 14, 2026. The RevenueBase SmartSearch column shows Exact match membership in this saved search. Click a contact count to view that company's people. Totals use company locations recorded by RevenueBase; the displayed preview is a smaller selection.
#CompanyRevenueBase SmartSearchHeadquartersEmployeesContacts
1Exact matchMumbai, IndiaHQ recorded Oct 14, 20261,001-5,0002,351 contacts →

Exact match

Recorded description not available.

Recorded in the RevenueBase company graph · Oct 14, 2026 · View company records in RevenueBase
2Exact matchMumbai, IndiaHQ recorded Oct 14, 20261,001-5,0001,904 contacts →

Exact match

“IIFL Capital is a full-service financial institution, integrating Wealth Management, Investment Banking, and Institutional Equities on a research-driven platform.”

Recorded in the RevenueBase company graph · Oct 14, 2026 · View company records in RevenueBase
3Exact matchMumbai, IndiaHQ recorded Oct 14, 20261,001-5,0001,394 contacts →

Exact match

“Ambit is a leading provider of financial advice and capital offering customized solutions in the areas of Investment Banking (Corporate Finance and Equity Capital Markets)…”

Recorded in the RevenueBase company graph · Oct 14, 2026 · View company records in RevenueBase
4Exact matchMumbai, IndiaHQ recorded Oct 14, 2026501-1,000932 contacts →

Exact match

“Combining our vast knowledge, experience and intuitive understanding of the markets to help our customers make WiZe investment choices!”

Recorded in the RevenueBase company graph · Oct 14, 2026 · View company records in RevenueBase
5Exact matchMumbai, IndiaHQ recorded Oct 14, 2026201-500927 contacts →

Exact match

“SBI Capital Markets Limited (SBICAPS) is registered with SEBI as a Category I Merchant Banker (Registration No.”

Recorded in the RevenueBase company graph · Oct 14, 2026 · View company records in RevenueBase
6Exact matchNew Delhi, IndiaHQ recorded Oct 14, 2026501-1,000863 contacts →

Exact match

“mastertrust Group is one of the leading financial services company in India.”

Recorded in the RevenueBase company graph · Oct 14, 2026 · View company records in RevenueBase
7Exact matchMumbai, IndiaHQ recorded Oct 14, 2026501-1,000834 contacts →

Exact match

“PL Capital: Powering India's Financial Growth Since 1944 PL Capital Group - Prabhudas Lilladher is one of India's most trusted financial services providers and has been recognised…”

Recorded in the RevenueBase company graph · Oct 14, 2026 · View company records in RevenueBase
8Exact matchMumbai, IndiaHQ recorded Oct 14, 2026501-1,000811 contacts →

Exact match

“SEBI Reg No:NSE (CM, F&O) & BSE No:0893 | DP ID: IN300-079/450 | NSE Member No- 07066 | BSE Clg.”

Recorded in the RevenueBase company graph · Oct 14, 2026 · View company records in RevenueBase
9Exact matchSurat, IndiaHQ recorded Oct 14, 2026501-1,000714 contacts →

Exact match

“NJ IndiaInvest Private Limited is an investment banking company based out of 901, NJ CentreUdna Udyog Nagar, Sangh Sahkari ComplexCentral Road No.”

Recorded in the RevenueBase company graph · Oct 14, 2026 · View company records in RevenueBase
10Exact matchMumbai, IndiaHQ recorded Oct 14, 2026501-1,000651 contacts →

Exact match

“Founded in Avendus partners with high-performing entrepreneurs, institutions, and wealth creators to discover potential and shape success at every stage of their journey.”

Recorded in the RevenueBase company graph · Oct 14, 2026 · View company records in RevenueBase
11Exact matchMumbai, IndiaHQ recorded Oct 14, 2026201-500565 contacts →

Exact match

“TRUST Group is India’s leading institutionalized multi-line and multi-asset financial services platform ranging across investment banking solutions, capital market services…”

Recorded in the RevenueBase company graph · Oct 14, 2026 · View company records in RevenueBase
12Exact matchMumbai, IndiaHQ recorded Oct 14, 2026501-1,000529 contacts →

Exact match

“Monarch Networth Capital (MNCL) is a diversified financial services firm built on a single promise: Value Creation.”

Recorded in the RevenueBase company graph · Oct 14, 2026 · View company records in RevenueBase
13Exact matchNew Delhi, IndiaHQ recorded Oct 14, 2026501-1,000478 contacts →

Exact match

“Almondz brings together industry expertise, human capabilities and domain experience to capture and accomplish the biggest opportunities in business alongside monitoring the risk…”

Recorded in the RevenueBase company graph · Oct 14, 2026 · View company records in RevenueBase
14Exact matchMumbai, IndiaHQ recorded Oct 14, 20261,001-5,000473 contacts →

Exact match

“Nuvama Group (formerly Edelweiss Wealth Management) is backed by the trust and reputation earned through over 25+ years in the Indian market and strengthened by a global…”

Recorded in the RevenueBase company graph · Oct 14, 2026 · View company records in RevenueBase
15Exact matchNew Delhi, IndiaHQ recorded Oct 14, 2026201-500427 contacts →

Exact match

“Founded in 1995, SPA Group has positioned itself as one of India’s leading financial advisory firms.”

Recorded in the RevenueBase company graph · Oct 14, 2026 · View company records in RevenueBase
16Exact matchKolkata, IndiaHQ recorded Oct 14, 2026501-1,000383 contacts →

Exact match

“SMIFS Limited is a leading wealth management and financial services company with 33+ years of experience in helping investors, HNIs, corporates, and institutions build, grow, and…”

Recorded in the RevenueBase company graph · Oct 14, 2026 · View company records in RevenueBase
17Exact matchMumbai, IndiaHQ recorded Oct 14, 2026201-500362 contacts →

Exact match

“ENAM is one of India's leading investment banks.”

Recorded in the RevenueBase company graph · Oct 14, 2026 · View company records in RevenueBase
18Exact matchGurgaon, IndiaHQ recorded Oct 14, 2026201-500319 contacts →

Exact match

“Resurgent is a top-tier financial advisory firm for SMEs and large corporates in India.”

Recorded in the RevenueBase company graph · Oct 14, 2026 · View company records in RevenueBase
19Exact matchMumbai, IndiaHQ recorded Oct 14, 2026201-500318 contacts →

Exact match

“Ashika is India's one of the leading retail financial services group.”

Recorded in the RevenueBase company graph · Oct 14, 2026 · View company records in RevenueBase
20Exact matchMumbai, IndiaHQ recorded Oct 14, 202651-200301 contacts →

Exact match

“Incorporated in 1991, Kotak Investment Banking is a leading full-service investment bank in India offering integrated solutions encompassing high-quality financial advisory…”

Recorded in the RevenueBase company graph · Oct 14, 2026 · View company records in RevenueBase
21Exact matchMumbai, IndiaHQ recorded Oct 14, 2026501-1,000261 contacts →

Exact match

“Founded in 2007, Equirus Group is a leading full-service financial services firm offering expertise across Investment Banking, Institutional Equities, Asset Management, Capital…”

Recorded in the RevenueBase company graph · Oct 14, 2026 · View company records in RevenueBase
22Exact matchMumbai, IndiaHQ recorded Oct 14, 2026201-500242 contacts →

Exact match

“RBSA Advisors, formed in 1971, is a Leading independent Transaction Advisory firm that provides Valuation, Investment Banking, Restructuring, Due Diligence, Transaction Tax, Risk…”

Recorded in the RevenueBase company graph · Oct 14, 2026 · View company records in RevenueBase
23Exact matchNoida, IndiaHQ recorded Oct 14, 202651-200228 contacts →

Exact match

“Acquisory was founded in 2010 by highly credentialed professionals with specialized experience across M&A Advisory, Tax Consulting,Operations & Risk Consulting, Asset Management…”

Recorded in the RevenueBase company graph · Oct 14, 2026 · View company records in RevenueBase
24Exact matchKolkata, IndiaHQ recorded Oct 14, 2026201-500207 contacts →

Exact match

“We at JPNR believe in building long-term relationships, not just offering services.”

Recorded in the RevenueBase company graph · Oct 14, 2026 · View company records in RevenueBase
25Exact matchMumbai, IndiaHQ recorded Oct 14, 2026201-500169 contacts →

Exact match

“With a legacy spanning over 140 years, B&K (Batlivala & Karani) stands as one of the oldest financial services groups in India.”

Recorded in the RevenueBase company graph · Oct 14, 2026 · View company records in RevenueBase

Showing 25 of 1,951 independent investment banks based in India

See the full list, filter by size, metro and specialty, and access 6,883 tracked professional contacts with verified work emails. Direct dials are available where recorded.

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Independent investment banks based in India at a glance

As of Oct 14, 2026
16.6%Verified-email coverage
21.2Average contacts per company
11-50Median size (employees)
22.9%Largest-city concentration · Mumbai
Oct 14, 2026Page data refreshed

Companies by employee count

1-10
916
11-50
749
51-200
177
201-500
72
501-1,000
21
1,001-5,000
9
5,001-10,000
4

Email recency for this list is measured worldwide rather than for India, so it is reported there. Company counts and contact totals on this page are exact for India, over 1,951 companies.

How this list was built

The recorded descriptions help you assess these company matches. Check a company’s website for its current services and locations.

Source
The RevenueBase company graph: 60 million companies and 398.9 million professional contacts resolved from primary sources, queried with RevenueBase SmartSearch, the natural-language company search available to every RevenueBase user.
What qualifies
Company records associated with India whose business descriptions match “independent investment banks” by meaning at the Exact setting. Descriptions are compiled in the RevenueBase company graph from public websites, profiles and company information where available; they are not guaranteed quotations from the company's website.
RevenueBase SmartSearch
Describe a niche company in your own words to find businesses by meaning. Exact, Similar, Related and Broad control the breadth of RevenueBase SmartSearch. This saved list uses Exact. Each row's Exact match badge shows inclusion in that search, not an individual score or a service-quality judgment.
Public preview
The public preview omits records without a verified work email. Where headquarters information is recorded, preview rows are also filtered to this page’s location. Dataset totals and geographic summaries describe the full matched records before these preview filters.
Match quality
RevenueBase's August 25, 2026 study assessed 4,198 description/company pairs across matching settings. The publisher reports 86% good or better at Exact. This evaluates the method across queries; it does not audit this individual list. Recorded company descriptions, where available, help you judge each match yourself. Read the full methodology: how the lists are built and what the study measures.
Ranking
Team size, largest first: companies are ordered by the number of professionals RevenueBase tracks at each one. Employee ranges shown are reported bands, for context.
Verification
Every displayed company carries at least one verified work email. RevenueBase tracks 6,883 professional contacts with verified work emails across the full matched dataset. Contacts re-verify on a rolling cadence, and each contact's own verification date is shown inside RevenueBase.
Refresh
This page's figures were pulled from the company graph on October 14, 2026. Lists refresh periodically as the graph is re-checked.
Record context
Company records and descriptions can change. Check the company's website for its current services and locations.

Frequently asked

What is RevenueBase SmartSearch?

RevenueBase SmartSearch finds niche companies by the meaning of their business descriptions in the RevenueBase company graph. Exact, Similar, Related and Broad control how closely companies must fit your description. This list uses Exact for “independent investment banks”; each Exact match badge shows search membership, not an individual similarity or quality score.

How many independent investment banks are there based in India?

RevenueBase identified 1,951 company matches for independent investment banks associated with India as of October 2026, using the meaning of business descriptions at Exact. This is the recorded matched set in the RevenueBase company graph.

What is the largest company on this list?

JM Financial LTD tops the displayed preview by professional contacts tracked in RevenueBase. Recorded headquarters appear in the company rows.

Which city has the most independent investment banks?

Mumbai leads with 447 company records, followed by New Delhi (191) and Bangalore (137).

How do I get contact information for these companies?

A free RevenueBase account lets you run this exact search and work limited free results with 500 credits to start. Upgrading provides access to the 6,883 professional contacts with verified work emails tracked across these 1,951 companies; direct dials are available where recorded.

How current is this list?

The list refreshes periodically as the company graph is re-checked. This page's figures were pulled on October 14, 2026.

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About this data

RevenueBase is a B2B data infrastructure company. Its company graph covers 60 million companies and 398.9 million professional contacts, with emails verified on a rolling cadence rather than scraped once and left to decay. These company lists are generated directly from that graph with RevenueBase SmartSearch, the same natural-language company search every RevenueBase user has: describe a market in plain words, get the companies that match, and add verified emails and direct dials for the people at them. It is the same data that powers RevenueBase's B2B data products, and a free account includes 500 credits to start. How these lists are built and judged.