Private Equity

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Equirus

Equirus is a full-service investment bank providing financial advisory services in IPOs, mergers and acquisitions, and equity capital markets.

Equirus logo

Equirus

Equirus is a full-service investment bank providing financial advisory services in IPOs, mergers and acquisitions, and equity capital markets. It works closely with companies to raise capital, drive growth, and execute strategic transactions. The firm also offers fixed income, capital markets, institutional equities, portfolio management services, wealth management, and insurance broking.

General information

Firm type

Private Equity

Year founded

2007

AUM

$4.0+ BN

Location

Region

Asia

Country

India

City

Mumbai

Corporate office

Mumbai, India

Sector focus

Enterprise SoftwareHealthcare ServicesAuto & Auto AncillariesChemicalsConsumer DurablesFinancial ServicesIndustrialsIT ServicesMetals & MiningOil & GasPharmaPower & InfrastructureReal Estate

Frequently asked questions

Who owns Equirus?

Federal Bank, India's seventh-largest private-sector bank, acquired a 19.98% stake in 2018. Amicus Capital, a private equity firm targeting mid-market Indian companies, joined as a shareholder in 2024. The late Rakesh Jhunjhunwala was a shareholder from 2007, with his shares subsequently transmitted to his nominees. Employee shareholders hold the remaining equity.

How deep is Equirus's research coverage?

The institutional equities division employs more than 25 analysts, including domain specialists. Covered verticals include Industrials, Pharma, Metals & Mining, Power & Infrastructure, IT Services, Real Estate, Oil & Gas, Consumer Durables, Auto & Auto Ancillaries, Chemicals, and Cement. The research effort has been ranked by Thomson Reuters, Starmine, and Institutional Investor.

What is the scale of Equirus's deal-making activity?

The firm's public website aggregates $15.88 billion in transactions, though it does not break down that figure by period or mandate type. Employment information is not disclosed. Federal Bank, its largest institutional shareholder, carries a balance-sheet size exceeding INR 3,083 billion.

Profile maintained by using OSINT (open-source intelligence), regulatory filings, licensed data partners, and verified direct submissions. Read the methodology. Last updated: . Continuous refresh with full update cycles at least every 30 days.

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