Mumbai, October 15, 2026: Pantomath Group has appointed Mr. Rajeev Desai as Managing Director – Institutional Sales. In his new role, Rajeev will be involved in the Group’s institutional sales function and strengthen its engagement with institutional investors, asset management companies, AIFs, family offices and other key market participants. Prior to joining Pantomath Group, Rajeev was associated with Motilal Oswal Financial Services Ltd. as Director – Institutional Equity Sales. His earlier professional experience includes roles with Indiabulls Asset Management, IFCI Financial Services, IDFC Capital and Gammon Infrastructure Projects.
Rajeev brings over 20 years of experience across institutional equity sales and research, portfolio and fund management, corporate finance, strategy and investment analysis. Over the course of his career, he has been involved in significant capital market transactions and has managed QIPs, block transactions, IPOs and pre-IPO opportunities.
His experience spans both buy-side and sell-side roles, giving him a comprehensive understanding of institutional equities, capital markets transactions, portfolio management, financial modelling, valuation and business development. He has also been actively involved in the execution and marketing of pre-IPO, IPO, QIP and block transactions and has developed relationships across institutional investors, AIFs, family offices and asset management companies.
Commenting on the appointment, Mahavir Lunawat, Chairman & Managing Director, Pantomath Capital Advisors, said, “Institutional participation is an increasingly important pillar of India’s capital markets as the investor base becomes deeper, more sophisticated and more diverse. Rajeev brings a combination of institutional market relationships, transaction experience and an understanding of both the buy-side and sell-side ecosystem. His experience will add significant depth to our institutional sales capabilities and complement Pantomath’s growing presence across investment banking and capital markets. We look forward to Rajeev playing an important role in strengthening our relationships with institutional investors and supporting the Group’s next phase of growth.”
Rajeev holds an MBA in Finance from Welingkar Institute of Management Development & Research and a B.E. in Mechanical Engineering from Mumbai University. The appointment comes as Pantomath Group continues to expand its capabilities across the capital market and deepen its engagement with a broader institutional investor ecosystem.
About Pantomath Group:
Pantomath Group is a home-grown, tech-enabled financial services conglomerate built for Bharat and beyond. Pantomath Group operates a diversified platform spanning investment banking, asset management, retail and institutional equities, fintech & AI. Headquartered in Mumbai, with pan-India presence, a strategic base at GIFT City, and a growing global footprint across the USA, Singapore, and UAE, Pantomath combines scale with reach. Founded by Madhu Lunawat and Mahavir Lunawat, and led by a seasoned professional management team, the Group blends institutional rigor, strong governance, and entrepreneurial agility to connect high-quality businesses with discerning pools of capital delivering scalable, enduring outcomes.
For more Info: www.pantomathgroup.com
About Pantomath Capital:
Pantomath Capital Advisors Private Limited is the investment banking arm of the Pantomath Group, known for its discovery-led approach to capital formation and deep alignment with founder-driven enterprises. As a SEBI-registered Category I Merchant Banker, the company has built a reputation for precision-led execution across IPOs, QIPs, private placements, and M&A. Pantomath Capital is among the most active and trusted investment banker to mid-market companies. With a sector-agnostic approach backed by proprietary research, regulatory clarity, and capital markets expertise, it plays an active role India’s public market ecosystem—not just as facilitators, but as long-term capital architects.

