About us


Axis Capital Limited (Erstwhile ENAM Securities Private Limited) is one of India’s leading financial expert with the sole aim of providing focused and customized solutions in the areas of Investment Banking and Institutional Equities. We are a wholly-owned subsidiary of Axis Bank, one of India’s largest private sector banks. Axis Capital offers investors, companies and government entities with the spectrum of financial needs in the areas of Equity Capital Markets, M&A, Private Equity, Structured Finance and Institutional Equities. Axis Capital brings to you a strong and experienced team that has successfully delivered for several leading names in Indian business. Our experience of evaluating businesses over the years has enabled us to optimally mobilize resources for our corporate and institutional clients. Our people are intensely - and perpetually - client-focused. Clients in turn appreciate our knowledge, integrity, teamwork and quality of execution.

Our Vision

Our Vision
  • To build leaders of tomorrow’s India

  • To help our clients outperform

  • To inspire our employees to be entrepreneurial and empowered

  • To emerge as the most trusted solution provider

  • To be a leader by market share, revenue and profitability

  • To become the house bank to 50 of the top 100 corporations and top tier intermediary to 50 of the top 100 institutional investors

  • To expand our geographic reach


  • Act in our client’s best interest

  • Anticipating and shaping the client requirements to bring the best to all our clients

  • Customizing capabilities and services to meet every clients need

  • Providing value-added advice and personalized service

  • Developing and maintaining long-term relationships

Leadership Team

Dharmesh Mehta
Managing Director & CEO

Dharmesh has around 25 years of diverse industry and geographical exposure in capital markets. He held various leadership positions at ENAM (erstwhile Axis Capital) and Axis Capital, successfully building its Institutional business to make it a market leader. He has handled over 200 equity offerings and transactions valuing over Rs 2 lakh crore (~USD 35 bn) which include IPOs, QIPs, IPPs, OFSs, Rights and secondary market placements. Prior to Axis Capital, he led the Institutional Equities business at K G Vora Securities for 7 years.

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Anirban Chakraborty
Deputy CEO

Anirban has over 22 years of experience. In his previous stint, he led various key segments of Axis Bank’s corporate banking franchise, including client coverage, corporate credit appraisal, advisory, credit monitoring, structured finance & investment banking for more than a decade and handled diverse assignments. Prior to this role, he was Senior Vice President & Head, Coverage – Corporate Banking, West Zone (India). He has been awarded ‘Chartered Engineer’ by the Institution of Engineers.

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Dr Srinivasan Subramanian
Managing Director & Head – Institutional Equities

Srinivasan has over 30 years of experience in the financial services industry across the spectrum including Equities Research and Sales and Investment Banking. Earlier, he has run equity research at DSP Merrill Lynch and Indian equities business at HG Asia (now ABN Amro Equities) and UBS Warburg. He also ran the Investment Banking business at Enam and Axis Capital for 16 years. He is a Fellow of Indian Institute of Management (Ahmedabad).

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Chirag Negandhi
Manging Director & Co – Head , Investment Banking

Chirag holds more than 16 years of experience in the industry. He has been consistently rated amongst the top 3 analysts in the real estate and media sector research rankings across varying publications like the Wall Street Journal. He is a BBA (Finance & MIS) from Purdue University, Indiana.

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Salil Pitale
Managing Director & Co – Head, Investment Banking

Salil has over 24 years of experience across Investment Banking, Corporate Banking, Project Finance and Equity Research. His experience includes over 18 years with Axis Capital / Axis Bank, where he has built corporate relationships and led multiple sector practices in Investment Banking. He is a Computer Engineer from VJTI, Mumbai, and an MBA from IIM, Lucknow.

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Awards &