Expert Equity Research, Smart Trading, Seamless Execution
Elara Securities offers broking, research, and sales, specializing in Indian equities for global investors
Institutional Equities
Elara Capital’s Institutional Equity team delivers expert research, strategic insights, and seamless execution for institutional investors. With deep sector expertise, we identify growth opportunities and emerging trends, ensuring informed investment decisions.
Excellence in Equity Research & Market Insights
Elara’s Global Market Research team delivers high-end equity research on Indian markets for global clients. With deep expertise and fresh insights on large-caps, our client-focused research model provides strategic investment ideas across sectors. Covering 250+ companies, our 100+ member Mumbai-based team is a key asset. Consistently ranked in top-20 independent polls, our analysts leverage extensive tools to identify market trends and multi-bagger stocks while systematically balancing risk and reward to add value for investors.
Integrating Global Insights for Informed Investment Strategies
The growing interdependence of global markets, macroeconomic variables, and news flow necessitates the integration of international indicators into country, industry, and stock-specific research. We leverage our extensive experience, global expertise, and insights from esteemed current and former Board members to enhance our research. Our Economists and Strategists employ sophisticated multi-variable models to interpret and forecast India’s key economic indicators, guiding investors in asset allocation and portfolio strategy. As part of our commitment to value creation, we also facilitate select interactions between economic experts and investor clients, fostering continuous knowledge exchange and informed decision-making.
Comprehensive Derivatives Insights for Informed Trading
- Independent Derivatives Desk: Identifies optimal trade ideas by integrating multiple assessment parameters.
- Holistic Guidance: Supports clients as Indian markets and investors evolve.
- Daily Market Updates: Provides morning and evening reports combining Derivatives insights with global and Indian market trends.
- Specialized Research Products:
Technical Snapshot – In-depth analysis of trending chart patterns.
- Technical Snapshot – In-depth analysis of trending chart patterns.
- Playbook – Sector-focused investment themes.
- Options Trading Strategies – Proven track record, trusted by major trading desks for actionable trade ideas.
Our Think-Tank that is scaling with integrity
Harendra Kumar
Managing Director
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Harendra Kumar - Managing Director
With over 20 years of experience in the financial services industry, Harendra Kumar brings a wealth of expertise and insights to his role as Managing Director at Elara Securities. He spearheads Elara Securities’ institutional equities business in India and leads its cutting-edge global research efforts, showcasing his strategic vision and leadership prowess. Harendra has built several highly successful and profitable sell-side businesses throughout his career, focusing on institutional and retail equities, sales, trading, research, and distribution. His industry experience includes prominent positions at renowned financial institutions such as ICICI Securities and Centrum Broking, where he played a pivotal role in driving growth and delivering value to clients. Harendra’s educational background as a Commerce Graduate with a postgraduate degree in law underscores his commitment to continuous learning and development, reflecting his multidisciplinary approach to problem-solving.
Bino Pathiparampil
Head Of Research
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Bino Pathiparampil - Head Of Research
Experienced investment strategist specializing in global asset allocation and equity markets, with deep expertise in healthcare and life sciences investing. Strong focus on macroeconomic trends and their influence on asset prices, leveraging a data-driven approach to identify opportunities across sectors. Active angel investor with hands-on experience in venture financing, supporting early-stage companies across diverse industries. Background includes early career roles in sales and marketing within the medical device sector, providing a commercial perspective on healthcare innovation. A physician by training, complemented by an MBA from IIM Ahmedabad, bringing a unique blend of clinical insight, financial acumen, and strategic investment expertise.
Biren Mehta
Head Of Sales/Trading
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Biren Mehta - Head Of Sales/Trading
Biren has over 36 years of experience in the capital markets. He brings in a lot of value on the desk with his rich experience both on the Sell side as well on the Buy side as a Fund Manager with JM Mutual Fund. He was the pioneer to launch the first Arbitrage fund for the mutual fund Industry in 2004. With his degree in MBA, he has spearheaded the Trading desks at Kotak Securities as well as ICICI Securities in his previous positions. Biren has developed and maintained great relationships with many FPI traders while his stint with Credit Suisse and BNP securities. He is committed to work on providing precise and error free execution to institutional clients with the use of sophisticated
Algorithms, many customs made for the firms’ institutional clients. He has ensured to drive his team with efficiency, while maintaining the highest standards of ethics and compliance.
Anand Rao
Compliance Officer
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Anand Rao - Compliance Officer
Elara Securities (India) Private Limited.
Anand holds an MBA from the University of Pune with specialization in Finance and is a commerce graduate with Banking & Finance as the specialized subject.
He has a career spanning over 15 years in the financial services sector. Over the past and present years, he has rich work experience in intermediary compliances pertaining to Stock Broking, Research Analyst, Investment Advisers, Alternative Investment Funds, Depository Participant services, Merchant Banking and Portfolio Management Services (PMS) across assignments handled.
Anand has been instrumental in setting up various policies, procedures, processes and controls including licensing to set-up for Indian business operations under compliance requirements of SEBI, Exchanges, Depositories etc. and also requirements applicable under various complex cross border regulations of FCA, SEC, FINRA etc. for proper business conduct and ensure that best global practices are followed.
Prior to Elara, Anand has worked in organizations such as UTI Securities Limited (now known as Standard Chartered Securities (India) Limited) and Batlivala & Karani Securities India Private Limited.