Company lists · Data refreshed October 2026

Top 25 Merchant banking firms based in New Delhi, India

RevenueBase identified 83 company matches for merchant banking firms associated with New Delhi, India as of October 2026 and tracks 3,379 professional contacts across them, including 278 with verified work emails. Across India, Mumbai is the largest hub for this category (269 companies); New Delhi follows with 83.

This list covers company matches for merchant banking firms associated with New Delhi, 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 18, 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 18, 2026 How this list was built
83Companies
3,379Contacts tracked
278Verified emails
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The 25 largest merchant banking firms based in New Delhi, India

Ranked by team size
Top 25 of 83 company matches for merchant banking firms based in New Delhi, India, ordered by professional contacts tracked in RevenueBase, largest first. Recorded Oct 18, 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 matchNew Delhi, IndiaHQ recorded Oct 18, 20261,001-5,0002,221 contacts →

Exact match

“Established In 1990, SMC is a well-diversified financial services company in India offering services across brokerage (across the asset classes of equities (cash and derivatives)…”

Recorded in the RevenueBase company graph · Oct 18, 2026 · View company records in RevenueBase
2Exact matchNew Delhi, IndiaHQ recorded Oct 18, 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 18, 2026 · View company records in RevenueBase
3Exact matchNew Delhi, IndiaHQ recorded Oct 18, 202651-20071 contacts →

Exact match

“A global Financial Service Company head quartered in New Delhi, India.”

Recorded in the RevenueBase company graph · Oct 18, 2026 · View company records in RevenueBase
4Exact matchNew Delhi, IndiaHQ recorded Oct 18, 202651-20062 contacts →

Exact match

“Goldrush Capital Services Pvt.”

Recorded in the RevenueBase company graph · Oct 18, 2026 · View company records in RevenueBase
5Exact matchNew Delhi, IndiaHQ recorded Oct 18, 202611-5025 contacts →

Exact match

“We are a SEBI Registered Category I Merchant Banker (SEBI Registration No.”

Recorded in the RevenueBase company graph · Oct 18, 2026 · View company records in RevenueBase
6Exact matchNew Delhi, IndiaHQ recorded Oct 18, 202611-5024 contacts →

Exact match

“Founded in 2006 by a group of experienced professionals, TFS is a leading investment banking and business advisory firm delivering financial and strategic solutions to business…”

Recorded in the RevenueBase company graph · Oct 18, 2026 · View company records in RevenueBase
7Exact matchNew Delhi, IndiaHQ recorded Oct 18, 202611-5022 contacts →

Exact match

“At X-B4, we're more than just bankers – we're partners in your journey to success.”

Recorded in the RevenueBase company graph · Oct 18, 2026 · View company records in RevenueBase
8Exact matchNew Delhi, IndiaHQ recorded Oct 18, 202611-5021 contacts →

Exact match

“Fintellectual Corporate Advisors is a SEBI registered Category I Merchant Banker, founded by experienced and professional entrepreneurial management, having rich and vast…”

Recorded in the RevenueBase company graph · Oct 18, 2026 · View company records in RevenueBase
9Exact matchNew Delhi, IndiaHQ recorded Oct 18, 202611-5020 contacts →

Exact match

“AFII was founded in the year 1996 to provide Project Finance advisory services as also to manage group investments.”

Recorded in the RevenueBase company graph · Oct 18, 2026 · View company records in RevenueBase
10Exact matchNew Delhi, IndiaHQ recorded Oct 18, 202611-5019 contacts →

Exact match

“PNB Investment Services Limited (PNBISL) a new wholly owned subsidiary of PNB.”

Recorded in the RevenueBase company graph · Oct 18, 2026 · View company records in RevenueBase
11Exact matchNew Delhi, IndiaHQ recorded Oct 18, 202611-5013 contacts →

Exact match

“Investment Banking Advisory firm based in Delhi, India; 20+ years old.”

Recorded in the RevenueBase company graph · Oct 18, 2026 · View company records in RevenueBase
12Exact matchNew Delhi, IndiaHQ recorded Oct 18, 20261-1011 contacts →

Exact match

“Maple Capital Advisors Private Limited is a boutique investment bank based in New Delhi, focused on mergers & acquisitions, private equity and growth capital advisory, and…”

Recorded in the RevenueBase company graph · Oct 18, 2026 · View company records in RevenueBase
13Exact matchNew Delhi, IndiaHQ recorded Oct 18, 202611-5011 contacts →

Exact match

“ONEtoONE ILO Consulting is a leading global business advisory firm specialist adroit at creating value for clients’ businesses.”

Recorded in the RevenueBase company graph · Oct 18, 2026 · View company records in RevenueBase
14Exact matchNew Delhi, IndiaHQ recorded Oct 18, 202611-5010 contacts →

Exact match

“Hansuttam Finance Ltd.(HFL) is a leading boutique investment bank based in New Delhi, India that is focused in infrastructure and real estate sectors.”

Recorded in the RevenueBase company graph · Oct 18, 2026 · View company records in RevenueBase
15Exact matchNew Delhi, IndiaHQ recorded Oct 18, 20261-108 contacts →

Exact match

“We are an investment banking company who are a financial hub for all investment based solutions as well as corporate services.”

Recorded in the RevenueBase company graph · Oct 18, 2026 · View company records in RevenueBase
16Exact matchNew Delhi, IndiaHQ recorded Oct 18, 202611-507 contacts →

Exact match

“Transjovan Capital is a global specialist in Corporate Development, providing independent Strategic and M&A support to large acquisitive enterprises and emerging high‑growth…”

Recorded in the RevenueBase company graph · Oct 18, 2026 · View company records in RevenueBase
17Exact matchNew Delhi, IndiaHQ recorded Oct 18, 202611-507 contacts →

Exact match

“We are an independent, results-driven boutique investment bank dedicated to creating lasting impact and value for the companies we serve.”

Recorded in the RevenueBase company graph · Oct 18, 2026 · View company records in RevenueBase
18Exact matchNew Delhi, IndiaHQ recorded Oct 18, 20261-107 contacts →

Exact match

“CreditWorks is a leading advisor specializing in Credit Rating Advisory, Capital Raising and Strategic Business Advisory.”

Recorded in the RevenueBase company graph · Oct 18, 2026 · View company records in RevenueBase
19Exact matchNew Delhi, IndiaHQ recorded Oct 18, 20261-106 contacts →

Exact match

“Hareepatti is into financial advisory that works around taking individuals and corporate houses to the greener side of money.”

Recorded in the RevenueBase company graph · Oct 18, 2026 · View company records in RevenueBase
20Exact matchNew Delhi, IndiaHQ recorded Oct 18, 202611-505 contacts →

Exact match

“Ascent Pinnacle Capital is a full-service investment bank specialising in structured credit, bridge financing, and rating-linked capital advisory for India's large and mid-market…”

Recorded in the RevenueBase company graph · Oct 18, 2026 · View company records in RevenueBase
21Exact matchNew Delhi, IndiaHQ recorded Oct 18, 202611-505 contacts →

Exact match

“Established in 2012, Alamak Capital is an Investment Banking Firm operating under three verticals: Equity, Debt and Advisory.”

Recorded in the RevenueBase company graph · Oct 18, 2026 · View company records in RevenueBase
22Exact matchNew Delhi, IndiaHQ recorded Oct 18, 202611-504 contacts →

Exact match

“Funding Ventures is a boutique investment banking and business advisory firm, specializing in fundraising collateral, regulatory compliances, and strategic financial solutions.”

Recorded in the RevenueBase company graph · Oct 18, 2026 · View company records in RevenueBase
23Exact matchNew Delhi, IndiaHQ recorded Oct 18, 20261-104 contacts →

Exact match

“Madhav Consultants Private Limited (MCPL) is a premier strategy and business advisory firm offering specialised services in Private Equity, Syndication, M&A, Structured Finance…”

Recorded in the RevenueBase company graph · Oct 18, 2026 · View company records in RevenueBase
24Exact matchNew Delhi, IndiaHQ recorded Oct 18, 202611-504 contacts →

Exact match

“Shaurya Capital LLP is a boutique Investment Banking firm focused on providing financial advice on Mergers & Acquisitions, Private Equity, Private Debt and Structured deal…”

Recorded in the RevenueBase company graph · Oct 18, 2026 · View company records in RevenueBase
25Exact matchNew Delhi, IndiaHQ recorded Oct 18, 20261-103 contacts →

Exact match

“Devenio Advisors is a boutique Investment Bank specialising in providing Capital Raising, M&A, and Financial Advisory services to its corporate clients across industries in India.”

Recorded in the RevenueBase company graph · Oct 18, 2026 · View company records in RevenueBase

Showing 25 of 83 merchant banking firms based in New Delhi, India

See the full list, filter by size, metro and specialty, and access 278 tracked professional contacts with verified work emails. Direct dials are available where recorded.

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Merchant banking firms based in New Delhi, India at a glance

As of Oct 18, 2026
8.2%Verified-email coverage
40.7Average contacts per company
11-50Median size (employees)
Oct 18, 2026Page data refreshed

Companies by employee count

1-10
37
11-50
36
51-200
5
201-500
3
501-1,000
1
1,001-5,000
1

Email recency for this list is measured across the whole India list rather than for New Delhi, so it is reported there. Company counts and contact totals on this page are exact for New Delhi, over 83 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 New Delhi, India whose business descriptions match “merchant banking firms” 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 278 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 18, 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 “merchant banking firms”; each Exact match badge shows search membership, not an individual similarity or quality score.

How many merchant banking firms are there based in New Delhi, India?

RevenueBase identified 83 company matches for merchant banking firms associated with New Delhi, 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?

SMC Group tops the displayed preview by professional contacts tracked in RevenueBase. Recorded headquarters appear in the company rows.

Which city in India has the most merchant banking firms?

Mumbai leads India with 269 company records, followed by New Delhi (83) and Bangalore (50).

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 278 professional contacts with verified work emails tracked across these 83 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 18, 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.