Mumbai, Maharashtra, India, December 2025 – Arihant Capital Markets Ltd has announced the appointment of Ajay Jain as Managing Director & CEO – Investment Banking, marking a strategic leadership move as the firm strengthens its investment banking and corporate advisory operations. With a career spanning over 25 years in investment banking, structured finance, capital markets, and corporate strategy, Ajay brings exceptional depth and breadth of experience to Arihant’s growing financial services platform.
In his new role, Ajay Jain will lead the investment banking vertical, including IPOs, QIPs, M&As, private equity syndication, structured finance, and advisory mandates across sectors. His deep industry relationships and domain expertise will accelerate Arihant Capital’s mission of delivering customized, high-value financial solutions to corporates, HNIs, institutions, and emerging enterprises.
Before joining Arihant Capital Markets Ltd, Ajay Jain served as Managing Director at Pantomath Capital Advisors, where he played a pivotal role in scaling the investment banking business with a global footprint. During his tenure, he led marquee deals across equity and debt markets, and expanded the firm’s presence in structured finance and wealth management.
Prior to that, he was Chairman and Managing Director at Monal Capital, where he offered end-to-end advisory in term loans, working capital, structured finance, private equity, mergers and acquisitions, and stressed asset resolution. He engaged closely with corporates and financial institutions across infrastructure, real estate, pharma, logistics, education, and manufacturing sectors.
Ajay has also held leadership roles at Sun Capital as Joint Managing Director and Centrum Capital as Executive Director, where he was instrumental in real estate financing and sector-wide corporate advisory. He has advised clients in IPOs, QIPs, restructuring, M&A, and private placements, supported by strong networks with PEs, NBFCs, banks, mutual funds, and special situation funds.
In his earlier years, Ajay contributed to financial strategy and leadership at notable corporate houses including Man Group, Lloyds Group, Unimark Remedies, EMCO Ltd, and Aditya Birla Group, where he held roles ranging from Group CFO to Director of Finance.
About Arihant Capital Markets Ltd
Arihant Capital Markets Ltd, established in 1992, is a SEBI-registered stockbroker and Category I Merchant Banker with a strong presence in equity broking, online trading, mutual funds, IPO advisory, depository services, commodities, financial planning, and wealth management. With a vision to make every Indian financially independent, Arihant Capital serves a diverse clientele, including HNIs, NRIs, and corporates, with a client-first approach and robust research-driven investment strategies.
Recognized for its transparent processes and innovative product offerings, Arihant Capital also operates in asset management and investment banking through a holistic financial services model.
Read Also : When HR “Produces Nothing”: A Response to Jennifer Sey’s Anti-HR Vision
The Fine Balance: Navigating Work, Life, and Mental Wellbeing
Mind the Leadership Gap – From Learning to Real-World Impact
How the Adecco Group is empowering its employees for the future of work
