Pantomath Capital names Namrata Shanbhogue as executive director – investment banking

MUMBAI: Pantomath Capital has brought in a seasoned dealmaker to sharpen its investment banking edge. The firm has appointed Namrata Shanbhogue as executive director – investment banking, adding nearly two decades of experience across investment banking and payments to its leadership bench.

Shanbhogue joins from Axis Capital, where she served as senior vice president in the financial sponsor group. There, she worked closely with private equity and venture capital investors, leading private fund-raising mandates for corporates across sectors such as medical devices and fintech. Before that, she spent over five years with Axis Bank in senior roles.

Her longest stint was with Enam Securities, where she rose from analyst to vice president in just over a decade. During that period, she worked on a wide range of transactions including IPOs, private equity deals, rights issues, mergers and acquisitions, and structured finance assignments across industries such as media and entertainment, pharma, telecom, retail, power equipment and fintech. She was also closely involved in several high-profile fund-raising exercises for major corporate groups.

Mahavir Lunawat, chairman and managing director of Pantomath Capital, said the appointment would strengthen the firm’s investment banking franchise. He noted that Shanbhogue’s capital markets experience and execution track record would add significant value as the firm expands its sector focus and scale.

Shanbhogue said she was joining at a time when India’s capital markets were gaining depth and momentum. She added that the firm’s entrepreneurial culture and long-term client approach aligned closely with her professional outlook, and that she looked forward to working with the leadership team to deliver capital solutions across sectors.

She holds a PGDM in finance and general management from Mumbai Educational Trust and a Bachelor of Commerce in accounting and finance from R A Podar College.

The appointment comes amid a broader leadership build-out at Pantomath Capital, which recently brought in Mitul Shah as managing director for coverage and investment banking, focusing on industrials, engineering and the auto sector.