Pantomath Capital Advisors has appointed Hiren Raipancholia as Managing Director of Equity Capital Markets (ECM). Raipancholia brings over 17 years of extensive experience in ECM, with a specialization in Initial Public Offerings (IPOs), Qualified Institutional Placements (QIPs), Offer for Sale (OFS), Preferential Issues, Rights Issues, and Accelerated Book-Built deals.
Prior to joining Pantomath, he held senior roles within the ECM teams at Equirus Capital, HDFC Bank, JM Financials, and IDFC Group. His appointment comes at a time when Pantomath has shown consistent growth, successfully managing several well-received IPOs over the past nine months. Mahavir Lunawat, Founder and Chairman of Pantomath Capital Advisors, remarked that Raipancholia’s deep expertise in ECM and strong institutional relationships will significantly enhance the company’s syndication and distribution capabilities.
In addition, Pantomath Group’s The Wealth Company Mutual Fund recently achieved a historic milestone by raising approximately ₹2,000 crore through four New Fund Offers (NFOs).
The announcement was made on October 29, 2025.






