| Merchant Banking and Corporate Advisory | IPO advisory, SME IPOs, rights issues, mergers and acquisitions, valuations, debt syndications, and regulatory compliance support. | SEBI Category I Merchant Banker registration, strong SME focus, regulatory expertise, and reputation for tailored financial advisory. | Primarily B2B serving SMEs, mid-sized companies, corporate clients, and HNI investors requiring financial advisory services. | Equity capital market mandates like IPO and SME IPO advisory typically yield higher margins. | 8 | 100 | Earns revenues mainly through advisory fees, underwriting fees, and transaction-based charges for capital market services. | Fee-for-service and success fees based on transaction value; structured engagements depending on service scope. | Growing SME financing demand, increased IPO activity, regulatory emphasis on transparency and compliance. | Navigant Corporate Advisors |