About us

Company Overview

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 Evolution - A glimpse into our journey

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

Our Core values & Principles

  • 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

Chirag Negandhi
Joint Managing Director & Co-Chief Executive Officer

With more than 18 years of experience in the industry, Chirag has been part of the Axis Capital journey from its inception having spent 14 years at Axis Capital/ENAM, holding various leadership positions in the Research and Investment Banking departments. Across his various roles, he has been highly successful in sourcing and executing mandates. 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
Joint Managing Director & Co-Chief Executive Officer

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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Deepak Ramachandra
MD - Co-Head Institutional Equities

Deepak is an Arts Graduate with majors in Economics from St. Xavier’s College, Mumbai. He is an MBA from London Business School. Deepak has close to 21 years of experience in the Institutional Equity Broking business. His last stint was with Bank of America Merrill Lynch as Co-head of Equities/ Head of Sales -India in Mumbai. His primary responsibility was to manage Equity Sales & Distribution. For couple of years he also ran the Asia Pacific Equities desk in London. Prior to Bank of America Merrill Lynch, he has worked Credit Suisse Securities in London where he was Head of the emerging EMEA cash equities distribution. He used to manage sales persons globally for the EMEA product across London, New York, Turkey, South Africa, Russia and Middle East. He has also worked with Sharekhan – SSKI Investor Services and Citibank NA in his earlier stints. Deepak plays all kinds of sports but more into Cricket and Tennis. He loves to travel and is a foodie. He enjoys in experiencing cultures, adventures etc

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Awards &
Recognition