Pantomath Capital Advisors Private Limited has appointed Mitul Shah to drive growth across investment banking and equity capital markets (ECM), reinforcing its leadership bench as deal activity and fund-raising momentum pick up across India’s mid-market segment.
With over 25 years of experience in capital markets and equity research, Shah brings deep expertise in institutional investor engagement, ECM sales, and market strategy. His appointment strengthens Pantomath’s ability to connect issuers with long-term institutional capital, a capability that is becoming increasingly critical as Indian markets mature and capital-raising structures grow more sophisticated.
According to Mahavir Lunawat, CMD of Pantomath Capital Advisors, the move is a strategic step in building a differentiated, insight-led investment banking platform. As market dynamics evolve, expanding institutional coverage and strengthening the ECM franchise remain central to the firm’s growth roadmap.
Shah noted that Indian capital markets are undergoing a structural transformation, creating opportunities for integrated platforms that combine advisory depth with execution strength. At Pantomath, he will work closely with issuers, investors, and internal teams to support high-quality capital raises and deepen institutional relationships.
The appointment signals Pantomath’s ambition to scale its investment banking operations in step with rising mid-market dealmaking, positioning the firm to play a larger role in India’s next phase of capital market growth.
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