Independent Capital Advisory

Precision where capital meets complexity.

Velmax Capital Advisors works with growth-stage, public-market-bound and listed businesses across capital raising, IPO readiness and complex strategic transactions.

Discuss a Mandate Explore Capabilities →
Mumbai · Bengaluru Precision in every decision

A Working Premise

Capital is abundant. Judgment is not.

The differentiator in a consequential transaction is rarely the money itself. It is the structure the money arrives in, the preparation that precedes it, and the discipline with which it is executed.

Capabilities

Advisory for consequential capital decisions.

All capabilities →
01 IPO Readiness & Public Markets SME and Mainboard IPO preparation, DRHP architecture and regulatory coordination through to listing. 02 Private Capital & Pre-IPO Structured private raises and pre-IPO rounds, with investor narratives built for institutional scrutiny. 03 Debt & Structured Capital Corporate debt raising, syndicated facilities, NCD placements and restructuring for capital efficiency. 04 Capital Markets Advisory QIP and follow-on advisory for listed companies, investor strategy and market positioning. 05 M&A & Strategic Transactions Buy-side and sell-side advisory, corporate restructuring and listed-entity transactions. 06 Valuation & Transaction Diligence Business and equity valuation, financial modelling, and financial, legal and secretarial diligence.

The Velmax Difference

Built for transactions that require more than capital.

Structure

Every mandate begins with the architecture of the transaction — route, instrument, sequence — before any conversation about price.

Judgment

We advise where capital structure, regulation and execution intersect — and we say no early when the fit is wrong.

Execution

Data-room discipline, regulatory coordination and investor narrative, carried end to end by the partners you first met.

Boutique by design. Transaction-led by discipline.

Experience

Evidence, stated precisely.

Full record →

Select Velmax Client Relationships

Engagements of the firm.
Lulu Finserv NBFC · Financial Services
Muthoot Mercantile Financial Services
Datamate Enterprise SaaS
Eastern India Biofuels Renewables
Greennative Petrochem Petrochemicals
Details shared in conversation

Selected Prior Transaction Experience of Our Professionals

Advised in previous roles at other firms — not Velmax mandates.
Bajaj Housing Finance Ltd. Prior professional experienceCapital Markets · Housing Finance
TruAlt Bioenergy Ltd. Prior professional experienceCapital Markets · Bioenergy
Knowledge Realty Trust Prior professional experienceREIT · Real Assets
Zepto Prior professional experienceFunding · Quick Commerce
FirstCry Prior professional experienceFunding & M&A · Consumer
MyGlamm Prior professional experienceFunding · Consumer

A note on attribution. The names above reflect selected transaction experience of Velmax professionals from prior professional roles. They are shown to evidence individual experience and are not presented as mandates of Velmax Capital Advisors.

Most companies do not fail to raise capital. They fail to be ready for it — and readiness is built in the eighteen months before the term sheet.

A Velmax working principle

Leadership

Senior thinking. Specialist execution.

Three complementary forms of transaction intelligence: capital-markets and legal discipline, origination and execution, and the institutional investor's perspective.

Mitluv Semwal, Founder and Managing Partner

Mitluv Semwal

Founder & Managing Partner NALSAR University of Law · IIM Ranchi

An alumnus of NALSAR University of Law and IIM Ranchi, Mitluv brings together regulatory precision, legal depth and capital-markets expertise. His focus is structuring high-value capital-market solutions for ambitious enterprises preparing for scale.

Selected prior transaction experience includes Bajaj Housing Finance Ltd., TruAlt Bioenergy Ltd., Knowledge Realty Trust and WeWork.

+91 96066 89783·info@velmaxcapital.com

Ayush Dwivedi, Partner, Deal Origination

Ayush Dwivedi

Partner — Deal Origination Formerly IndusLaw · Transaction Law

A former transaction lawyer at IndusLaw, Ayush leads deal origination across pre-IPO raises, SME IPOs and NCD placements. His legal and financial training supports structured fundraises, transaction execution and investor exits.

Selected prior transaction experience includes funding rounds and acquisitions involving Zepto, MyGlamm and FirstCry.

Rishabh Gattani, Partner, Capital Markets and Investor Strategy

Rishabh Gattani

Partner — Capital Markets & Investor Strategy CFA Charterholder · Formerly Kotak Securities

A CFA charterholder and active pre-IPO investor, Rishabh brings an investor's perspective to capital-markets advisory, with expertise across equity research, technical and fundamental analysis, market strategy and investor readiness.

Previously Manager — Institutional Equities at Kotak Securities.

Professional Partnerships

Your client relationship. Our transaction infrastructure.

For Chartered Accountants, Company Secretaries, family offices and founder advisers: a specialist execution desk that sits behind your name — never across your relationship.

Explore Professional Partnerships →
  • i
    Your client stays yoursInteraction boundaries and a transparent fee-share are agreed in writing before anything begins.
  • ii
    Defined interaction boundariesWe never go around you. Every conversation with your client happens on terms you set.
  • iii
    Confidentiality as defaultOpportunities are assessed under discretion, whether or not they proceed.
  • iv
    Specialist executionStructuring, diligence, regulatory coordination and investor access, handled end to end.
  • v
    Aligned economicsA fee model built to reward the person who found the opportunity.

Insights

Notes from the desk.

All notes →
SME IPO or Mainboard? The real question is not size. It is institutional appeal, governance load and what liquidity you are prepared to live with. Public Markets When Pre-IPO Capital Actually Makes Sense Pre-IPO money is a bridge with a toll. It is worth paying in three situations — and expensive in most others. Private Capital Debt Before Equity: Understanding the Capital Stack Equity is the most expensive capital a promoter will ever raise. The stack exists so you spend it last. Structure What Makes a Company IPO-Ready? Readiness is not a revenue number. It is a state of the company's numbers, governance and narrative — built deliberately. Readiness Seven Issues That Complicate Public-Market Preparation The problems that delay listings are rarely dramatic. They are structural, and most are fixable — early. Readiness

Begin

A transaction usually begins with the right question.

Share the outline of your situation in confidence. It reaches a partner directly — not a mailbox.

Discuss a Mandate info@velmaxcapital.com →