Investment Banking

Capital market solutions for growing businesses

Systematix Investment Banking works with companies across their growth journeys by providing advice and access to capital markets. With experience across a wide range of transactions, we support corporates in raising capital, evaluating opportunities and executing market transactions.

Track Record Offer Documents Investor Charter and Grievances Details

Platform Strength

₹ 35000 cr+

IB Transactions Executed/Value

₹ 4000 cr+

PE & M&A Transactions

₹ 1300 cr+

Pre-IPO Deals

Capital Markets Track Record

₹ 17000 cr+

QIPs

₹ 3260 cr+

IPOs

₹ 850 cr+

Preferential Issues

₹ 1250 cr+

Rights Issues / OFS / Buybacks / Open Offer

₹ 5100 cr+

Block Deals Executed

What We Offer

Equity Capital Markets

Advisory and execution across IPOs, QIPs, rights issues and other equity fundraising transactions

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Mergers & Acquisitions Advisory

Supporting clients in evaluating opportunities and executing acquisitions, divestitures and other transactions

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Structured Financing

Tailored financing solutions designed to address specific capital requirements

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Key Transactions

Feb 26

Block Deals

Happy Forgings

Issue Size (Rs. in cr.) 310cr

Jan 26

Rights Issue

Krishival Foods

Issue Size (Rs. in cr.) 100cr

Advisor

Dec 25

Open Offer

Supreme Infra

Issue Size (Rs. in cr.) 70cr

Dec-25

QIP

Ratnaveer Preceison Engineering Limited

Issue Size (Rs. in cr.) 185cr

(Sole BRLM)

Nov 25

Buyback

GHCL

Issue Size (Rs. in cr.) 300cr

Jaro Institute of Technology Management & Research Limited

Sep-25

IPO

Jaro Institute of Technology Management & Research Limited

Issue Size (Rs. in cr.) 450cr

(Co-BRLM)

Sep-25

IPO

Vikran Engineering Limited

Issue Size (Rs. in cr.) 772cr

(Co-BRLM)

Aug-25

IPO

Mangal Electrical Industries Limited

Issue Size (Rs. in cr.) 400cr

(Sole BRLM)

Aug 25

Open Offer

Sayaji Hotels

Issue Size (Rs. in cr.) 100cr

Aug 25

Rights Issue

JTEKT

Issue Size (Rs. in cr.) 250cr

Advisor

Jul-25

IPO

Indogulf Cropsciences Limited

Issue Size (Rs. in cr.) 200cr

(Sole BRLM)

Jul-25

QIP

Veranda Learning Solutions Limited

Issue Size (Rs. in cr.) 357cr

(Sole BRLM)

Jul 25

Buyback

Tracxn Technologies

Issue Size (Rs. in cr.) 8cr

May 25

Block Deals

Pondy Oxides And Chemicals

Issue Size (Rs. in cr.)

May 25 & Jun 24

Block Deals

Shaily Engineering Plastics

Issue Size (Rs. in cr.) 178cr

Mar-25

QIP

Indian Overseas Bank

Issue Size (Rs. in cr.) 1,437cr

(Co-BRLM)

Mar-25

QIP

UCO Bank

Issue Size (Rs. in cr.) 2,000cr

(Co-BRLM)

Mar-25

QIP

Central Bank of India

Issue Size (Rs. in cr.) 1,500cr

(Left Lead BRLM)

Mar 25

Rights Issue

Welspun Specialty Solutions (WSSL)

Issue Size (Rs. in cr.) 350cr

Lead Manager

July 25, Nov 24

Block Deals

Dodla Dairy

Issue Size (Rs. in cr.) 120cr

Dec-24

QIP

Pondy Oxides and Chemical Limited

Issue Size (Rs. in cr.) 175cr

(Sole BRLM)

Oct-24

QIP

Bank of Maharashtra

Issue Size (Rs. in cr.) 3,500cr

(Co-BRLM)

Jul-24

QIP

Jupiter Wagons Limited

Issue Size (Rs. in cr.) 800cr

(Left Lead BRLM)

July 24

Block Deals

Stylam Industries

Issue Size (Rs. in cr.) 145cr

Mar – June 24

Delisting

Remi Group

Issue Size (Rs. in cr.) 11cr

May 24

Preferential Issue

Jupiter Wagons

Issue Size (Rs. in cr.) 135cr

Mar-24

IPO

Exicom Tele-Systems Limited

Issue Size (Rs. in cr.) 429cr

(Co-BRLM)

Mar 24

Open Offer

Bright Steel India

Issue Size (Rs. in cr.) 34cr

Mar 24

Block Deals

Praveg

Issue Size (Rs. in cr.)

Feb-24

QIP

Swan Energy Limited

Issue Size (Rs. in cr.) 3,319cr

(Sole BRLM)

Feb 24

Preferential Issue

AVG Logistics

Issue Size (Rs. in cr.) 121cr

Feb 24 & Dec 23

Block Deals

Jindal Saw

Issue Size (Rs. in cr.) 504cr

Feb 24 & Dec 23

Block Deals

Jupiter Wagons

Issue Size (Rs. in cr.) 240cr

Jan 24 & Dec 23

Block Deals

Swan Energy

Issue Size (Rs. in cr.) 350cr

Dec-23

QIP

Jupiter Wagons Limited

Issue Size (Rs. in cr.) 403cr

(Left Lead BRLM)

Dec 23

Preferential Issue

Hindustan Foods

Issue Size (Rs. in cr.) 400cr

Dec 23

Block Deals

Tilaknagar Industries

Issue Size (Rs. in cr.)

Nov 23

Block Deals

Tracxn Technologies

Issue Size (Rs. in cr.) 150cr

Nov 23

Block Deals

Orchid Chemicals & Pharmaceuticals

Issue Size (Rs. in cr.)

Aug 23

Block Deals

Inox Wind

Issue Size (Rs. in cr.) 500cr

Jun-23

QIP

Bank of Maharashtra

Issue Size (Rs. in cr.) 1,000cr

(Co-BRLM)

May-23

QIP

Jupiter Wagons  Limited

Issue Size (Rs. in cr.) 124cr

(Sole BRLM)

Dec 22, Mar 22 & Jul 21

Block Deals

Lighthouse/Stylam Industries/Abakkus

Issue Size (Rs. in cr.) 250cr

Nov-22

IPO

INOX Green Energy

Issue Size (Rs. in cr.) 740cr

(Co-BRLM)

Apr 22

Open Offer

ISMT/Kirloskar

Issue Size (Rs. in cr.) 240cr

March-22

IPO

Veranda Learning Solutions Limited

Issue Size (Rs. in cr.) 200cr

(Co-BRLM)

Dec 21

Block Deals

Blackstone/Indiabulls Housing Finance

Issue Size (Rs. in cr.) 250cr

Oct 21

Preferential Issue

Shaily Engineering Plastics

Issue Size (Rs. in cr.) 150cr

Aug-21

QIP

Bank of India

Issue Size (Rs. in cr.) 2,550cr

(Co-BRLM)

Sep 20

Block Deals

Blackstone/Essel Propack

Issue Size (Rs. in cr.) 1,800cr

Jan 18

Block Deals

Welspun

Issue Size (Rs. in cr.) 350cr

March-26

Private Market

Issue Size (Rs. in cr.) 100cr

Jan-26

M&A

Sole Advisor

Issue Size (Rs. in cr.)

Jan-26

Private Market

Issue Size (Rs. in cr.)

Aug 25

Pre IPO

Issue Size (Rs. in cr.) 115cr

Jun-25

Private Market

Issue Size (Rs. in cr.) 125cr

Jun-25

Private Market

Issue Size (Rs. in cr.) 305cr

Feb 25

Pre IPO

Issue Size (Rs. in cr.) 106cr

Jan 25

Pre IPO

Issue Size (Rs. in cr.)

Private Market

Deals between FY20 to FY25

Issue Size (Rs. in cr.) 408cr

Dec 24

Pre IPO

Issue Size (Rs. in cr.)

Nov 24

Pre IPO

Issue Size (Rs. in cr.) 780cr

Aug 24

Pre IPO

Issue Size (Rs. in cr.) 130cr

July-24

M&A

Issue Size (Rs. in cr.) 145cr

June-24

M&A

Issue Size (Rs. in cr.)

Apr 24

Pre IPO

Issue Size (Rs. in cr.)

Dec-23

Private Market

Issue Size (Rs. in cr.) 227cr

Oct-23

M&A

Issue Size (Rs. in cr.)

Feb-23

Private Market

Issue Size (Rs. in cr.)

Dec-22

Private Market

Issue Size (Rs. in cr.) 350cr

Jun-22

M&A

Issue Size (Rs. in cr.) 170cr

Mar-22

Private Market

Issue Size (Rs. in cr.) 225cr

Feb-22

Private Market

Issue Size (Rs. in cr.) 105cr

Nov-21

Private Market

Issue Size (Rs. in cr.) 150cr

Jun-21, Nov-21

Private Market

Issue Size (Rs. in cr.) 200cr

Oct-21

M&A

Sole Advisor -Asia Climate Partners

Issue Size (Rs. in cr.)

Apr-21

Private Market

Issue Size (Rs. in cr.) 350cr

Mar-21

Private Market

Issue Size (Rs. in cr.) 325cr

Dec-19

M&A

Issue Size (Rs. in cr.) 416cr

Mar-19

M&A

Issue Size (Rs. in cr.)

May-15

M&A

Issue Size (Rs. in cr.) 150cr

Value to Clients

Clients benefit from capital market experience, strong investor relationships and disciplined execution, enabling companies to access funding and pursue growth opportunities efficiently

Testimonials

We at the INOXGFL Group have worked with Nikhil and the Systematix team over the last few years in our fund raise endeavors across the Group – particularly the Inox Green IPO. We have been witness to their remarkable growth in the institutional equities and Investment Banking space. Strong client relationships, and execution excellence has helped Systematix consistently deliver on the mandates. Happy to have been a part of their growth journey and wish them the best for their continued success.

Devansh Jain Promoter & ED – GFL Inox Group

I have been associated with Sunil ji, CP ji and Systematix team for over 15 years, observing their outstanding development in the Equity Broking, PMS, Wealth and Investment Banking business. They have been partners to us in our wealth management journey, including managing our fund through PMS structure. Their leadership has built a firm rooted in research-driven insights, strong client relationships, and execution excellence. It’s been a privilege to be part of this journey, and I look forward to their continued success.

Virendra D Mahiskar Chairman, IRB Group

Working with the Systematix Wealth Management team has been a standout experience. Nikhil ji ,Sunil ji and their leadership team consistently demonstrated a sharp understanding of wealth creation strategies, offering solutions that were not only insightful but also tailored to reach our financial goals. Their ability to blend traditional investment wisdom with innovative financial strategies is truly commendable. The team operates with clarity, discipline, and a deep understanding of client needs, making them a trusted partner in long-term wealth creation. Their professionalism and commitment to excellence make them a benchmark in the industry.

Kushal Desai Chairman & MD, APAR Industries

Since past few years I have been associated with the Systematix team, particularly Nikhil, Jigar and their research teams. Their leadership has built a firm rooted in research-driven insights, strong client relationships, and execution excellence. Systematix has consistently delivered value to ESDS through timely execution of our Pre-IPO fund raise of approx INR 780cr. They’re also supporting us as BRLM in our proposed IPO of INR 600cr. It’s been a privilege to be part of this journey, and I look forward to their continued success.

Piyush Somani Founder and Chairman, ESDS

I have been associated with the Systematix team, particularly Nikhil ji, their Investment Banking, Equity Sales and research teams for more than 10 years. Systematix has consistently provided value to Jaro education through timely execution, including strategic engagement in the Pre-IPO fundraising of approximately INR 150cr.

They’re also supporting us as BRLM in our proposed IPO of INR 570Cr. Having been associated with them for years, I have seen them build not just a successful business but also a culture of trust, excellence, and innovation. Their ability to make bold yet calculated decisions sets them apart.

Dr. Sanjay Salunkhe Promoter and MD, Jaro Education

We are grateful to Systematix Corporate Services Ltd. for their support and guidance throughout our IPO journey. From advising us on the investor pitch deck and business plan preparation to onboarding marquee Institutional investors in anchor & main book, Systematix team demonstrated deep market expertise, strategic thinking and relentless execution. The seamless coordination with investors and stakeholders ensured that the process was smooth and efficient. We truly value their partnership in taking Vikran public.

Rakesh Ashok Markhedkar Chairman and MD, Vikran Engineering

Details of	Contact Person	Address	Contact No.	Email ID	Working Hours
Client Servicing	Kirti Surve	No. 303 304, 3rd Floor, Hallmark Business Plaza, Sant Dnyaneshwar Marg, Nr.Gurunanak Hospital, Bandra (E), Mumbai - 400051	022-67048675	qcsc@systematixgroup.in	Monday - Friday 09:00 AM to 06:00 PM
Head of Client Servicing	Ameya Borkar	No. 303 304, 3rd Floor, Hallmark Business Plaza, Sant Dnyaneshwar Marg, Nr.Gurunanak Hospital, Bandra (E), Mumbai - 400051	022-67048603	grievance@systematixgroup.in	Monday - Friday 09:00 AM to 06:00 PM
Principal Officer Only for Research Analysts Services	Dhananjay Sinha	The Capital, A-wing, No. 603 – 606, 6th Floor, Plot No. C-70, G Block, Bandra Kurla Complex, Bandra (East), Mumbai – 400051	022-66198095	dhananjaysinha@systematixgroup.in	Monday - Friday 09:00 AM to 06:00 PM
Compliance Officer	Ajay Bendkhale	No. 303 304, 3rd Floor, Hallmark Business Plaza, Sant Dnyaneshwar Marg, Nr.Gurunanak Hospital, Bandra (E), Mumbai - 400051	022-40874092	compliance@systematixgroup.in	Monday - Friday 09:00 AM to 06:00 PM
Managing Director	Nikhil Khandelwal	The Capital, A-wing, No. 603 – 606, 6th Floor, Plot No. C-70, G Block, Bandra Kurla Complex, Bandra (East), Mumbai – 400051	022-66198123	mddesk@systematixgroup.in	Monday - Friday 09:00 AM to 06:00 PM
In absence of response/complaint not addressed to your satisfaction, you may lodge a complaint with SEBI: SEBI: https://scores.sebi.gov.in Or below exchanges: BSE: https://bsecrs.bseindia.com/ecomplaint/frminvestorHome NSE: https://investorhelpline.nseindia.com/NICEPLUS/ MCX: https://www.mcxindia.com/Investor-Services NCDEX: https://ncdex.com/grievances CDSL: https://www.cdslindia.com/eservices/footer/grievances NSDL: https://www.epass.nsdl.com/frmLoginPageWebsiteComplaints Please quote your Service Ticket/Complaint Ref No. while raising your complaint at SEBI SCORES/Exchange portal.

Name	Designation	Address	Contact No.	Email ID
Mr. Nikhil Khandelwal	Managing Director/Designated Director-1	The Capital, A-wing, No. 603 – 606, 6th Floor, Plot No. C-70, G Block, Bandra Kurla Complex, Bandra (East), Mumbai – 400051	022-66198000	directors@systematixgroup.in
Mr. Sunil Sarda	Whole Time Director/Designated Director-2	The Capital, A-wing, No. 603 – 606, 6th Floor, Plot No. C-70, G Block, Bandra Kurla Complex, Bandra (East), Mumbai – 400051	022-66198000	directors@systematixgroup.in
Mr. Rahul Khandelwal	Whole Time Director /Designated Director-3	The Capital, A-wing, No. 603 – 606, 6th Floor, Plot No. C-70, G Block, Bandra Kurla Complex, Bandra (East), Mumbai – 400051	022-66198000	directors@systematixgroup.in
Mr. Vinit Maheshwari	Principal Officer	The Capital, A-wing, No. 603 – 606, 6th Floor, Plot No. C-70, G Block, Bandra Kurla Complex, Bandra (East), Mumbai – 400051	022-67408080	vinitmaheshwari@systematixgroup.in
Mr. Ajay Bendkhale	Compliance officer	The Capital, A-wing, No. 603 – 606, 6th Floor, Plot No. C-70, G Block, Bandra Kurla Complex, Bandra (East), Mumbai – 400051	022-40874092	compliance@systematixgroup.in