Company lists · Data refreshed September 2026

Top 25 Investment banks based in India

Name: Investment banks based in India
Creator: RevenueBase
License: https://creativecommons.org/licenses/by/4.0/

Compiled by the RevenueBase Data Team Data refreshed Sep 15, 2026 770 companies tracked

This directory lists 770 investment banks based in India and includes 22,460 contacts with 4,428 email addresses. The list was last updated in September 2026; Mumbai is the single most-represented city among the companies listed.

Investment banks advise companies, governments, and other institutions on capital raising, mergers and acquisitions, securities underwriting, and related financial transactions. This list covers companies that provide investment banking services, including corporate finance advice, securities underwriting, mergers and acquisitions advice, or related transaction services. Ranked by team size, largest first. Data current as of September 15, 2026.

Published by RevenueBase, a B2B data infrastructure company. This list was built with RevenueBase Smart Search, 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 HQ checked on every row RevenueBase Smart Search rating on every row Refreshed Sep 15, 2026 86% judged on-target in blind review

770Companies

22,460Contacts tracked

4,428Verified emails

Explore this list → Free signup · no credit card · 500 free credits

The 25 largest investment banks based in India

Ranked by team size

Top 25 of 770 investment banks based in India, ranked by team size, largest first. Data refreshed Sep 15, 2026. RevenueBase Smart Search rates how each company's information relates to investment banks: strong evidence (its own description names it), partial (names part of it), indirect (matched on the rest of its profile rather than the description shown). Click a contact count to view that company's people.
#	Company	RevenueBase Smart Search	Headquarters	Employees	Contacts
1	Ambit Private Limited	Partial evidence	Mumbai, IndiaHQ checked Sep 15, 2026	1,001-5,000	1,344 contacts →
	Partial evidence “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)…” Source: RevenueBase Database · checked Sep 15, 2026
2	SMC Global Securities LTD	Indirect evidence	New Delhi, IndiaHQ checked Sep 15, 2026	1,001-5,000	1,030 contacts →
	Indirect evidence Source: RevenueBase Database · checked Sep 15, 2026
3	Arihant Capital Markets LTD	Partial evidence	Mumbai, IndiaHQ checked Sep 15, 2026	201-500	974 contacts →
	Partial evidence “Arihant Capital Markets Limited is a public limited company incorporated in 1992, with a mission to make every Indian financially independent by offering suitable investment…” Source: RevenueBase Database · checked Sep 15, 2026
4	SBI Capital Markets	Indirect evidence	Mumbai, IndiaHQ checked Sep 15, 2026	201-500	931 contacts →
	Indirect evidence “SBI Capital Markets Limited (SBICAPS) is registered with SEBI as a Category I Merchant Banker (Registration No.” Source: RevenueBase Database · checked Sep 15, 2026
5	Idbi Capital Markets & Securities LTD	Indirect evidence	Mumbai, IndiaHQ checked Sep 15, 2026	501-1,000	784 contacts →
	Indirect evidence “SEBI Reg No:NSE (CM, F&O) & BSE No:0893 \| DP ID: IN300-079/450 \| NSE Member No- 07066 \| BSE Clg.” Source: RevenueBase Database · checked Sep 15, 2026
6	NJ Indiainvest Private Limited	Partial evidence	Surat, IndiaHQ checked Sep 15, 2026	501-1,000	675 contacts →
	Partial evidence “NJ IndiaInvest Private Limited is an investment banking company based out of 901, NJ CentreUdna Udyog Nagar, Sangh Sahkari ComplexCentral Road No.” Source: RevenueBase Database · checked Sep 15, 2026
7	Avendus	Indirect evidence	Mumbai, IndiaHQ checked Sep 15, 2026	501-1,000	606 contacts →
	Indirect evidence “Founded in Avendus partners with high-performing entrepreneurs, institutions, and wealth creators to discover potential and shape success at every stage of their journey.” Source: RevenueBase Database · checked Sep 15, 2026
8	TRUST	Partial evidence	Mumbai, IndiaHQ checked Sep 15, 2026	201-500	557 contacts →
	Partial evidence “TRUST Group is India’s leading institutionalized multi-line and multi-asset financial services platform ranging across investment banking solutions, capital market services…” Source: RevenueBase Database · checked Sep 15, 2026
9	UBI Services LTD	Indirect evidence	Thane, IndiaHQ checked Sep 15, 2026	201-500	553 contacts →
	Indirect evidence “UBI Services Limited (UBISL) is a wholly owned subsidiary of Union Bank of India, a premier Public Sector Bank, having its registered office at Mumbai.” Source: RevenueBase Database · checked Sep 15, 2026
10	Sushil Finance	Indirect evidence	Mumbai, IndiaHQ checked Sep 15, 2026	201-500	415 contacts →
	Indirect evidence “Established in 1982 as a Proprietary Concern with focus on underwriting and marketing IPOs.” Source: RevenueBase Database · checked Sep 15, 2026
11	SPA Capital Services LTD	Indirect evidence	New Delhi, IndiaHQ checked Sep 15, 2026	201-500	408 contacts →
	Indirect evidence “Founded in 1995, SPA Group has positioned itself as one of India’s leading financial advisory firms.” Source: RevenueBase Database · checked Sep 15, 2026
12	ENAM	Strong evidence	Mumbai, IndiaHQ checked Sep 15, 2026	201-500	339 contacts →
	Strong evidence “ENAM is one of India's leading investment banks.” Source: RevenueBase Database · checked Sep 15, 2026
13	Kotak Investment Banking	Partial evidence	Mumbai, IndiaHQ checked Sep 15, 2026	51-200	288 contacts →
	Partial evidence “Incorporated in 1991, Kotak Investment Banking is a leading full-service investment bank in India offering integrated solutions encompassing high-quality financial advisory…” Source: RevenueBase Database · checked Sep 15, 2026
14	A. K. Capital Services LTD	Indirect evidence	Mumbai, IndiaHQ checked Sep 15, 2026	201-500	263 contacts →
	Indirect evidence “A.K.” Source: RevenueBase Database · checked Sep 15, 2026
15	Equirus	Partial evidence	Mumbai, IndiaHQ checked Sep 15, 2026	501-1,000	245 contacts →
	Partial evidence “Founded in 2007, Equirus Group is a leading full-service financial services firm offering expertise across Investment Banking, Institutional Equities, Asset Management, Capital…” Source: RevenueBase Database · checked Sep 15, 2026
16	HEM Securities LTD	Indirect evidence	Jaipur, IndiaHQ checked Sep 15, 2026	201-500	236 contacts →
	Indirect evidence Source: RevenueBase Database · checked Sep 15, 2026
17	Tipsons Group	Indirect evidence	Ahmadabad, IndiaHQ checked Sep 15, 2026	51-200	170 contacts →
	Indirect evidence “Tipsons, founded in 1993, registered with SEBI, having membership & Association with 6 National Level Exchanges & Access to Majority International Exchanges, is India’s premier…” Source: RevenueBase Database · checked Sep 15, 2026
18	Spark Capital	Indirect evidence	Chennai, IndiaHQ checked Sep 15, 2026	51-200	147 contacts →
	Indirect evidence “Spark Capital Advisors is one of India's leading boutique financial services houses with over 20 years of experience.” Source: RevenueBase Database · checked Sep 15, 2026
19	Opulence Business Solutions PVT LTD	Partial evidence	Ahmedabad, IndiaHQ checked Sep 15, 2026	51-200	138 contacts →
	Partial evidence “Opulence Business solutions is an integrated one stop consulting firm engaged in Investment banking and Strategic management consulting.” Source: RevenueBase Database · checked Sep 15, 2026
20	Blend Financial Services	Partial evidence	Mumbai, IndiaHQ checked Sep 15, 2026	51-200	126 contacts →
	Partial evidence “Blend Financial Services Limited, founded in 1997, is a globally renowned Investment Banking Advisory with 300+ clients in over 110 countries.” Source: RevenueBase Database · checked Sep 15, 2026
21	Pioneer Investcorp	Partial evidence	Mumbai, IndiaHQ checked Sep 15, 2026	201-500	117 contacts →
	Partial evidence “Pioneer Investcorp (PINC) is one of India’s leading investment Bankers and Institutional Brokers.” Source: RevenueBase Database · checked Sep 15, 2026
22	Allegro Capital Advisors	Partial evidence	Bangalore, IndiaHQ checked Sep 15, 2026	201-500	110 contacts →
	Partial evidence “Allegro Capital is a comprehensive Investment Bank that comes with years of expertise in offering financial solutions and advisory services across the corporate world.” Source: RevenueBase Database · checked Sep 15, 2026
23	O3 Capital	Partial evidence	Mumbai, IndiaHQ checked Sep 15, 2026	51-200	100 contacts →
	Partial evidence “SEBI registered Category I Investment Bank • SEBI registered Portfolio Manager • Offices in Mumbai, Bangalore and Singapore • Offers Corporate Finance (M&A Advisory & Capital…” Source: RevenueBase Database · checked Sep 15, 2026
24	Singhi Advisors	Partial evidence	Mumbai, IndiaHQ checked Sep 15, 2026	51-200	94 contacts →
	Partial evidence “Singhi Advisors is a global investment banking firm, focused on providing merger, acquisition, divestiture & corporate advisory services to domestic & international organizations.” Source: RevenueBase Database · checked Sep 15, 2026
25	Pantomath Capital Advisors Private Limited	Indirect evidence	Mumbai, IndiaHQ checked Sep 15, 2026	51-200	85 contacts →
	Indirect evidence “Pantomath Capital Advisors Private Limited is a SEBI registered Category-I Merchant Banker Registration No: Global Headquarters: Pantomath Nucleus House, Saki Vihar Road, Andheri…” Source: RevenueBase Database · checked Sep 15, 2026

RevenueBase Smart Search

RevenueBase Smart Search assesses information from a company’s LinkedIn profile, information supplied directly by the company, its website, and other publicly available sources. It uses that information to rate how closely the company relates to this list’s category: investment banks. Every row carries its rating and the description the rating was read from, so each one can be checked rather than taken on trust.

Strong evidence: The company's own public description of its business names investment banks.
Partial evidence: Its own public description names part of investment banks, so it works in or next to the category without describing itself that way.
Indirect evidence: The description shown does not name investment banks. The match rests on the rest of the company's public profile rather than the one sentence quoted here, so this is the rating to check first.

RevenueBase Smart Search is how these lists are built: RevenueBase's data engine and AI assemble the companies that match a category defined in a user's own words, so a list can be about what companies actually do rather than about whichever industry code they were filed under.

Showing 25 of 770 investment banks based in India

See the full list, filter by size, metro and specialty, and get verified emails and direct dials for all 4,428 reachable decision-makers.

Free signup · no credit card

View the full list →

Investment banks based in India at a glance

As of Sep 15, 2026

19.7%Verified-email coverage

29.2Average contacts per company

11-50Median size (employees)

33.1%Largest-city concentration · Mumbai

Sep 15, 2026Page data refreshed

Companies by employee count

1-10

329

11-50

308

51-200

201-500

501-1,000

1,001-5,000

5,001-10,000

10001+

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 770 companies.

How this list was built

Company categories are rarely black and white. RevenueBase reads each company's own description of its business to decide whether it belongs among investment banks, so some rows will be adjacent to the category rather than pure plays. The description and RevenueBase Smart Search rating on every row are there so you can check each match yourself.

Source: The RevenueBase company graph: 60 million companies and 398.9 million professional contacts resolved from primary sources, queried with RevenueBase Smart Search, the natural-language company search available to every RevenueBase user.
What qualifies: Companies headquartered in India whose own description of what they do matches “investment banks”. Matching reads each company's description, not its industry code or its name.
RevenueBase Smart Search: RevenueBase Smart Search is how this list is assembled and how each row is rated. RevenueBase's data engine and AI assess a company's LinkedIn profile, information supplied directly by the company, its website and other publicly available information, then relate it to a category defined in a user's own words. Each row is rated strong evidence (its own description names investment banks), partial evidence (it names part of the category) or indirect evidence (the description shown names none of it and the match rests on the rest of the company's profile). The description supporting each rating is quoted on the row.
What we exclude: Companies whose own description does not clearly place them among investment banks, and records with no verified work email. Companies headquartered outside India are excluded even when they keep an office there.
Match quality: In blind human judging of this matching method, 86% of matched companies were on target. Expect roughly 1 in 7 rows to be adjacent to the category rather than a pure play. Every row shows the company's own description and its RevenueBase Smart Search rating so you can judge each match yourself. Read the full methodology: how the lists are built, how the judging worked, and what the figure means.
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 listed company carries at least one verified work email, 4,428 across the full list. 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 September 15, 2026. Lists refresh periodically as the graph is re-checked.
Corrections: Wrong category, wrong headquarters, or a company that has closed? Use “Report an issue” on any row. Reports go to the RevenueBase Data Team and feed back into the company graph.

Investment banks by metro

Frequently asked

How many investment banks are based in India?

770 investment banks are listed for India.

Which city has the most investment banks based in India?

Mumbai is the single most-represented city among the companies on this list.

How can I find contacts at investment banks based in India?

The directory includes 22,460 contacts and 4,428 email addresses for investment banks based in India.

Ready to reach these companies? Verified emails and direct dials for all 770 investment banks based in India. Start with a free account, no credit card.

Download this list →

Related lists

Investment banks by geography

Browse the directory

Browse: Companies home · All India lists · All Investment banks lists · New lists

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 Smart Search, 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.