What we do Khandwala Securities Ltd is a financial services firm specializing in investment banking, stock broking, and advisory services catering to institutional and retail clients in India. |
Founded in 1,993 |
Market share Recognized for institutional equity sales and innovative financial solutions with growing prominence in India's active capital markets. |
Problem solved Provides comprehensive investment banking, equity broking, and advisory services to help clients access capital markets and manage investments effectively. |
Top clients or who we serve Serves public and private corporations, multinational firms, financial institutions, institutional investors, high net worth individuals, and retail investors (B2B and B2C). |
Key management Paresh Khandwala (Managing Director), Pranav Khandwala (Whole-time Director and CFO), Abhishek Joshi (Company Secretary). |
Our journey and innovations Founded on a legacy since the 1930s; SEBI Category I Merchant Banker since 1993; expanded services including IPOs, M&A, equity broking, and portfolio management. |
Where we operate Primarily operates in India with services supporting domestic and some global institutional investors. |
Top products or what we offer Investment Banking, Institutional & Private Client Broking, Corporate Advisory, Portfolio Management, and Wealth Advisory Services. |
Top brands Not applicable (financial services firm offering specialized institutional and retail investment products). |
Raw materials needed - |
Raw materials supplier - |
Recurring vs cyclical contribution Revenue mainly from fee-based services with some cyclicality related to market activity. |
Our industry position Emerging player in India's investment banking and stock broking space with stable client relationships and growing transaction volumes. |
Financial highlights FY 2024-25 Revenue Rs 1513 lakhs; Net loss Rs 80 lakhs; Previous year profit Rs 17 lakhs. |
Geographical revenue split Revenue primarily from Indian domestic operations; negligible foreign exchange income. |
Order book - |
Whats driving growth Growth driven by booming IPO markets in India, increased retail participation, and regulatory clarity boosting capital markets. |
Our future plans Consolidating subsidiaries, internal restructuring, and aiming for higher transparency and global standards adherence. |
Our green promise - |
Our people and values Focus on lean, competitive workforce with policies valuing employee well-being and ethical workplace practices. |
Key challenges ahead Market volatility impacts profitability; need for continued innovation and maintaining regulatory compliance. |
Interesting facts India surpassed China as Asia’s most active IPO destination in FY 2025 with IPO fundraising doubling year-on-year. |
Risks and strategy Market cycles impact revenue; strategy focuses on diversified financial services and adherence to strong risk frameworks. |
