Company lists · Data refreshed September 2026

Top 25 Merchant banks based in New Delhi, India

RevenueBase identified 122 company matches for merchant banks associated with New Delhi, India as of September 2026 and tracks 1,846 professional contacts across them, including 210 with verified work emails. Across India, Mumbai is the largest hub for this category (318 companies); New Delhi follows with 122.

This list covers company matches for merchant banks 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 September 17, 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 Sep 17, 2026 How this list was built
122Companies
1,846Contacts tracked
210Verified emails
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The 25 largest merchant banks based in New Delhi, India

Ranked by team size
Top 25 of 122 company matches for merchant banks based in New Delhi, India, ordered by professional contacts tracked in RevenueBase, largest first. Recorded Sep 17, 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 Sep 17, 2026501-1,000473 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 · Sep 17, 2026 · View company records in RevenueBase
2Exact matchNew Delhi, IndiaHQ recorded Sep 17, 2026201-500408 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 · Sep 17, 2026 · View company records in RevenueBase
3Exact matchNew Delhi, IndiaHQ recorded Sep 17, 202651-20082 contacts →

Exact match

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

Recorded in the RevenueBase company graph · Sep 17, 2026 · View company records in RevenueBase
4Exact matchNew Delhi, IndiaHQ recorded Sep 17, 202651-20079 contacts →

Exact match

“Established in 1964, B R Maheswari & Co LLP is a leading Delhi based professional services organisation offering Financial Advisory, Corporate Finance, Tax Advisory, Audit and…”

Recorded in the RevenueBase company graph · Sep 17, 2026 · View company records in RevenueBase
5Exact matchNew Delhi, IndiaHQ recorded Sep 17, 202651-20060 contacts →

Exact match

“Goldrush Capital Services Pvt.”

Recorded in the RevenueBase company graph · Sep 17, 2026 · View company records in RevenueBase
6Exact matchNew Delhi, IndiaHQ recorded Sep 17, 202611-5038 contacts →

Exact match

“CorpAcumen is a full service financial and business consulting firm founded by proficient and seasoned professionals having years of experience in serving diversified industries.”

Recorded in the RevenueBase company graph · Sep 17, 2026 · View company records in RevenueBase
7Exact matchNew Delhi, IndiaHQ recorded Sep 17, 202651-20034 contacts →

Exact match

“Finlinker is a corporate entity promoted by group of Company Secretaries, Chartered Accountants and Finance professionals which proudly acts a professional link between the…”

Recorded in the RevenueBase company graph · Sep 17, 2026 · View company records in RevenueBase
8Exact matchNew Delhi, IndiaHQ recorded Sep 17, 202611-5025 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 · Sep 17, 2026 · View company records in RevenueBase
9Exact matchNew Delhi, IndiaHQ recorded Sep 17, 202611-5025 contacts →

Exact match

“Financial services group with an emphasis on quality and lengevity of relationships.”

Recorded in the RevenueBase company graph · Sep 17, 2026 · View company records in RevenueBase
10Exact matchNew Delhi, IndiaHQ recorded Sep 17, 202611-5019 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 · Sep 17, 2026 · View company records in RevenueBase
11Exact matchNew Delhi, IndiaHQ recorded Sep 17, 202611-5019 contacts →

Exact match

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

Recorded in the RevenueBase company graph · Sep 17, 2026 · View company records in RevenueBase
12Exact matchNew Delhi, IndiaHQ recorded Sep 17, 202611-5018 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 · Sep 17, 2026 · View company records in RevenueBase
13Exact matchNew Delhi, IndiaHQ recorded Sep 17, 202611-5012 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 · Sep 17, 2026 · View company records in RevenueBase
14Exact matchNew Delhi, IndiaHQ recorded Sep 17, 20261-1011 contacts →

Exact match

“Integrated Capital Services Limited (ICSL) is a limited liability company with its securities listed at the Bombay Stock Exchange, rendering corporate advisory and consulting…”

Recorded in the RevenueBase company graph · Sep 17, 2026 · View company records in RevenueBase
15Exact matchNew Delhi, IndiaHQ recorded Sep 17, 20261-1010 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 · Sep 17, 2026 · View company records in RevenueBase
16Exact matchNew Delhi, IndiaHQ recorded Sep 17, 202611-5010 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 · Sep 17, 2026 · View company records in RevenueBase
17Exact matchNew Delhi, IndiaHQ recorded Sep 17, 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 · Sep 17, 2026 · View company records in RevenueBase
18Exact matchNew Delhi, IndiaHQ recorded Sep 17, 202611-509 contacts →

Exact match

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

Recorded in the RevenueBase company graph · Sep 17, 2026 · View company records in RevenueBase
19Exact matchNew Delhi, IndiaHQ recorded Sep 17, 20261-109 contacts →

Exact match

“FinVal Research & Consultancy is a boutique consulting firm focused on providing valuation services.”

Recorded in the RevenueBase company graph · Sep 17, 2026 · View company records in RevenueBase
20Exact matchNew Delhi, IndiaHQ recorded Sep 17, 202611-508 contacts →

Exact match

“We aspire to be the leading trusted advisor to our clients, which include corporations, financial institutions, startups, governments and public authorities.”

Recorded in the RevenueBase company graph · Sep 17, 2026 · View company records in RevenueBase
21Exact matchNew Delhi, IndiaHQ recorded Sep 17, 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 · Sep 17, 2026 · View company records in RevenueBase
22Exact matchNew Delhi, IndiaHQ recorded Sep 17, 20261-106 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 · Sep 17, 2026 · View company records in RevenueBase
23Exact matchNew Delhi, IndiaHQ recorded Sep 17, 202611-506 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 · Sep 17, 2026 · View company records in RevenueBase
24Exact matchNew Delhi, IndiaHQ recorded Sep 17, 202611-506 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 · Sep 17, 2026 · View company records in RevenueBase
25Exact matchNew Delhi, IndiaHQ recorded Sep 17, 20261-105 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 · Sep 17, 2026 · View company records in RevenueBase

Showing 25 of 122 merchant banks based in New Delhi, India

See the full list, filter by size, metro and specialty, and access 210 tracked professional contacts with verified work emails. Direct dials are available where recorded.

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Merchant banks based in New Delhi, India at a glance

As of Sep 17, 2026
11.4%Verified-email coverage
15.1Average contacts per company
11-50Median size (employees)
Sep 17, 2026Page data refreshed

Companies by employee count

1-10
57
11-50
53
51-200
8
201-500
3
501-1,000
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 122 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 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 210 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 September 17, 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 banks”; each Exact match badge shows search membership, not an individual similarity or quality score.

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

RevenueBase identified 122 company matches for merchant banks associated with New Delhi, India as of September 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?

Almondz 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 banks?

Mumbai leads India with 318 company records, followed by New Delhi (122) and Bangalore (67).

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 210 professional contacts with verified work emails tracked across these 122 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 September 17, 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.