Pantomath Capital, part of Pantomath Group has appointed Pranjal Jain as Senior Vice President – ECM Sales & Coverage. In her new role, Pranjal will contribute to the firm’s institutional equity coverage and equity capital markets franchise, strengthening engagement with institutional investors and supporting the Group’s capital market activities.
Prior to joining Pantomath, Pranjal was associated with Morgan Stanley as Research Associate – Institutional Equity, where she covered Consumer Durables, EMS, Railways and Building Products. She has previously worked with Axis Capital as Assistant Vice President – Institutional Equity, covering Utilities and Infrastructure. Prior to working at Axis Capital, Pranjal worked with SBI CAP Securities.
Pranjal brings over 15 years of experience in institutional equity research, thematic research, financial modelling and client coverage. Her professional experience spans sectors including Consumer Durables, EMS, Railways, Building Products, Utilities, Infrastructure and Logistics, with expertise in developing thematic research and translating industry trends into actionable investment insights.
Commenting on the appointment, Mahavir Lunawat, Chairman & Managing Director, Pantomath Capital Advisors, said, “The depth and quality of institutional research and investor coverage are increasingly important as India’s capital markets continue to broaden. Pranjal brings substantial experience across institutional equity research, thematic analysis and sector coverage, along with a strong understanding of how investors evaluate businesses and market opportunities. Her expertise will complement our ECM franchise and strengthen our engagement with the institutional investor community. We are pleased to welcome her to Pantomath and look forward to her contribution as we continue to build our capital markets platform.”
Her appointment further strengthens Pantomath Capital Advisors’ institutional equity and equity capital market capabilities as the firm continues to expand its presence across India’s capital markets ecosystem.







