Almondz Insurance Brokers

What Almondz Insurance Brokers does

Almondz Global Securities Limited is a diversified Indian financial services group headquartered in New Delhi, listed on the NSE and BSE, with operating roots dating to 1992 and formal incorporation in 1994. The group operates through multiple subsidiaries spanning equity and commodity broking (memberships with NSE, BSE, NCDEX, MCX and depository participation via CDSL), wealth management and product distribution, SEBI-registered merchant banking (Almondz Financial Services), RBI-registered NBFC lending (Almondz Finanz), ISO 9001:2015 certified infrastructure advisory (Almondz Global Infra Consultant Limited), green energy manufacturing (Premier Green Innovations and Premier Alcobev) and healthcare (Skiffle Healthcare). The core revenue model combines transaction-based brokerage commissions, distribution and advisory fees across mutual funds/portfolio management/IPOs, project-finance and M&A advisory success fees, infrastructure consultancy fees, and manufacturing revenue from the Himachal Pradesh-based ethanol and ENA operations.

The firm serves a dual clientele: retail investors and high-net-worth individuals through its broking and wealth management channels, and corporate and government clients across energy, infrastructure, banking, petrochemicals, healthcare, manufacturing and retail via investment banking mandates (large debt-financing transactions, equity issuances, M&A, turnaround and disinvestment advisory). The GTM motion is relationship-led, executed through dedicated relationship managers, branch offices in Delhi, Mumbai and Kolkata, and a board-level advisory bench drawn from former PSU bank chairmen, Big 4 consultants and global asset managers. The group is controlled through Avonmore Capital & Management Services Limited as the listed core investment holding entity, with Oman-based Al Anwar Holdings SAOG as a notable strategic shareholder represented on the board.

Name

Almondz Insurance Brokers

Legal name

Almondz Global Securities Limited

Website

https://almondz.com

Company type

Public

Founded year

1994

Operating status

Operating

Headcount range

1–10 employees

Short description

Almondz Global Securities Limited is a Delhi-headquartered, NSE/BSE-listed Indian financial services group offering equity and commodity broking, wealth management, investment banking, infrastructure advisory, NBFC lending, and green energy manufacturing through multiple subsidiaries across 18 Indian offices.

Ownership category

akta.pro rank

Product category

Financial Advisory and Broking Services

NAICS

Portfolio Management and Investment Advice (523940), Securities, Commodity Contracts, and Other Financial Investments and Related Activities (523), Miscellaneous Intermediation (52391)

SIC

Investment Advice (6282), Security Brokers, Dealers & Flotation Companies (6211)

akta.pro primary industry

Corporate Development & Strategic Partnerships Advisory (JVs, Alliances, Carve-outs) (BPAHAOAG)

akta.pro secondary industry

Business Owner & Executive Financial Planning (FSAEAAAO)

Keywords

• Equity broking services
• Investment banking advisory
• Wealth management services
• Infrastructure advisory services
• Commodity broking services

Headquarters

HQ city

Delhi

HQ country

India

HQ region

Asia

Offices4 records

Markets served

GTM type

B2B and B2C

Offering type

Services

Cost components

Personnel, Operations, Marketing or Sales, Technology or R&D, Infrastructure

Revenue model

1. Broking Services: Equity and commodity broking services through memberships with NSE, BSE, NCDEX, MCX. Provides depository participant services through CDSL. Revenue generated through brokerage commissions on equity and commodity trades.
2. Wealth Management Advisory: Distribution of financial products including mutual funds, fixed income products, loans and mortgages, portfolio management services, IPOs, insurance, bonds, and real estate. Revenue from advisory fees and product distribution commissions.
3. Investment Banking: Capital raising advisory including equity issuance, debt financing, and private equity placement. Transaction advisory for mergers and acquisitions, divestitures, and turnaround advisory. Revenue through success fees and advisory retainers.
4. Infrastructure Advisory: Infrastructure consultancy services through AGICL subsidiary covering roads, bridges, highways, tunnels, smart cities, urban infrastructure, water and wastewater, tourism, railways and metro rail. Revenue from consulting fees.

Go-to-market motion1 record

Distribution channels3 records

Marketing channels4 records

Core offering

Almondz operates as a diversified financial services group providing equity and commodity broking through NSE, BSE, NCDEX, and MCX exchange memberships; wealth management advisory including distribution of mutual funds, fixed income products, portfolio management services, and insurance; investment banking services covering capital raising, mergers and acquisitions, and turnaround advisory; and infrastructure advisory through its AGICL subsidiary spanning roads, highways, smart cities, urban infrastructure, water systems, railways, and airports.

Product overview

Almondz operates as a diversified financial services group offering an integrated platform of services across multiple business verticals. The core offerings include Broking Services (equity and commodity trading across major Indian exchanges), Wealth Management (financial product distribution and advisory), Investment Banking (capital markets advisory, M&A, and fundraising support), Infrastructure Advisory (comprehensive consultancy for infrastructure projects), Green Energy (ethanol and ENA manufacturing), and Healthcare Services. These products are organized through various subsidiaries including Almondz Global Infra Consultant Limited (infrastructure consultancy), Almondz Financial Services Limited (merchant banking), Almondz Finanz Limited (NBFC lending), and Premier Green Innovations Private Ltd (manufacturing). The group is headquartered in India with operations spanning financial services, infrastructure consulting, and manufacturing sectors.

Differentiator

Problem solved

Functional benefit

Products and services

• Equity and Commodity Broking Services Trading access across NSE, BSE, NCDEX, and MCX exchanges for equity and commodity markets, including depository participant services via CDSL. Designed for retail and institutional investors seeking market participation.
• Wealth Management Services Distribution of financial products including mutual funds, fixed income products, portfolio management services, IPOs, insurance, bonds, loans and mortgages, and real estate. Provides investment advisory to retail investors and high net worth individuals.
• Investment Banking and Capital Market Advisory Capital raising advisory including equity issuance, debt financing, and private equity placement; transaction advisory for mergers and acquisitions, divestitures, and turnaround advisory. Targets corporate clients, public sector undertakings, and financial institutions.
• Infrastructure Advisory Services Comprehensive infrastructure consultancy covering project concept development, project structuring, transaction advisory, planning, designing, engineering, project management consultancy, supervision, independent engineers, safety audits, and operation and maintenance services for infrastructure projects including roads, bridges, highways, tunnels, smart cities, urban infrastructure, water and wastewater, tourism, railways, metro rail, ports, and airports.
• Strategic Advisory and M&A Services Transaction advisory, M&A services, due diligence, risk assessment, valuation, target identification, deal structuring, and execution support for buyers, sellers, and lenders across multiple industries.
• Green Energy and Ethanol Manufacturing Manufacturing of Ethyl alcohol, Extra Neutral Alcohol (ENA), and DDGS through a Zero Liquid Discharge (ZLD) plant in Himachal Pradesh. Premier Alcobev Private Limited operates an 85 KL/day grain-based ENA plant, the largest such manufacturing facility in Himachal Pradesh, supplying to Diageo, United Spirits, Seagram, and public sector OMCs.
• Healthcare Services Healthcare services and facilities operated through subsidiary Skiffle Healthcare Private Limited, including vision centre operations.
• Insolvency and Stressed Asset Advisory Consulting services for stressed asset management, NPA resolution, and insolvency proceedings; includes financial restructuring, asset sales, working capital management, and lender services for distressed businesses.
• NBFC Corporate Lending Services RBI registered NBFC-ND providing corporate loans and financing services through Almondz Finanz Limited, wholly owned subsidiary of Avonmore Capital Management Services Limited.

Quantifiable outcome

• Grew from 10 employees to over 300 in 18 offices across India in 25+ years
• +3 more outcomes

Named customers25 records

Segments4 records

Ideal customer profiles4 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature1 record

Partnerships

17 partnerships are on record, tiered core and strategic.

• Almondz Global Securities LimitedcoreOthersListed financial services company (AGSL) offering depository participant services, wealth management advisory and equity broking services. Member of NSE, BSE, and CDSL.
• Almondz Global Infra Consultant Limited (AGICL)coreOthersISO 9001:2015 certified infrastructure consultancy company providing services in roads, bridges, highways, tunnels, smart cities, urban infrastructure, water and wastewater, tourism, railways and metro rail. Wholly owned subsidiary of AGSL with 350+ professionals.
• Almondz Financial Services Limited (AFSL)coreOthersSEBI registered Merchant Banker covering entire spectrum of financial services including Mutual Funds, Portfolio Management Services, Research Analyst, Wealth Management, Valuations, IPOs, Private Equity.
• Almondz Finanz Limited (AFL)coreOthersRBI registered NBFC-ND (non-deposit accepting) engaged in providing loans to corporate. Wholly owned subsidiary of Avonmore Capital Management Services Limited.
• Avonmore Capital & Management Services Limited (ACMS)coreOthersCore Investment holding company of Almondz group, registered with RBI as NBFC (Non Deposit Non Systematically Important). Listed on NSE & BSE Limited.
• Premier Green Innovations Private LtdcoreOthersManufacturing venture operating a Zero Liquid Discharge (ZLD) plant in Himachal Pradesh producing Ethyl alcohol, Extra Neutral Alcohol, DDGS supplied to Government OMCs and multinational companies like Diageo, Seagram.
• Premier Alcobev Private LimitedcoreOthersFood processing venture with 85 KL/day grain based ENA plant in Himachal Pradesh, largest such manufacturing facility in the state. Clients include Diageo, United Spirits, Seagram, Public Sector OMCs for Bio Ethanol.
• Milan GanatrastrategicOthersAdvisory board member - Founder and CEO of Miles Software with over two decades experience in financial services technology adopted by institutions in 40+ countries. Former Managing Director of EbixCash Financial Technologies.
• Krishnaprasad RamanathanstrategicOthersSenior Business Advisor with over two decades experience in investment management, private banking and wealth advisory. Previously worked with Franklin Templeton Investments, HSBC, Centrum Private Wealth.
• Rajnish BahlstrategicOthersAdvisory board member with 32 years experience in banking and financial services sector. Worked with Citibank, ANZ Grindlays Bank, HSBC. Responsible for retail set up at Centrum group including forex, insurance and wealth management.
• Rohit JainstrategicOthersAdvisory board member - CA with 2 decades experience in financial services including Big 4 accounting firms and foreign family offices. Head of India for Willis Towers Watson leading Human Capital, Retirement and Insurance Consulting businesses.
• Kanwar VivekstrategicOthersSenior BFSI professional with over 35 years experience in retail banking, wealth management, third party products distribution and asset management. Worked with ICICI Bank, Aditya Birla Capital, IDFC First and Yes Bank.
• National Stock Exchange of India (NSE)coreOthersExchange membership for equity and derivatives trading (Membership No. NSE:12252, SEBI-INZ000213936)
• Bombay Stock Exchange (BSE)coreOthersExchange membership for equity trading (Membership No. BSE:3055, SEBI-INZ000213936)
• National Commodity & Derivatives Exchange (NCDEX)coreOthersCommodity exchange membership (Membership No. NCDEX:00739, SEBI-INZ000086834)
• Multi Commodity Exchange (MCX)coreOthersCommodity exchange membership (Membership No. MCX:31160, SEBI-INZ000086834, MCX-SX:39800)
• Central Depository Services (India) Ltd (CDSL)coreOthersDepository participant services for securities custody and settlement

Scale indicators17 records

Recent moves12 records

Expansion highlights5 records

Direct peers

• Motilal Oswal Financial Services: Indian listed broking, wealth management, investment banking and NBFC group. Directly comparable as a multi-vertical retail+institutional financial services franchise with similar SEBI registrations and pan-India distribution.
• Geojit Financial Services: Listed Indian financial services firm offering equity broking, wealth management, and investment advisory with multi-exchange memberships. Comparable mid-sized multi-product franchise.
• Religare Broking (Religare Enterprises): Indian listed financial services group offering broking, wealth, investment banking and NBFC products. Comparable multi-vertical mid-tier positioning.
• Centrum Broking / Centrum Capital: Indian listed financial services group with broking, wealth management and investment banking verticals. Multiple Almondz personnel came from Centrum; comparable product set.
• SMC Global Securities: Indian broking, investment banking and wealth distribution firm with NSE/BSE memberships and commodity broking. Closely comparable to Almondz on product mix and mid-tier positioning.
• ICICI Securities: SEBI-registered stock broker, merchant banker and wealth advisor backed by ICICI Bank. Competes directly with Almondz in retail broking, investment banking and wealth distribution.
• IIFL (India Infoline): Listed Indian financial services group offering broking, wealth, investment banking and NBFC lending. Comparable product breadth and target segments (retail, HNI, institutional) to Almondz.

Broad incumbents

• Kotak Securities: Broking and distribution arm of Kotak Mahindra Bank with pan-India retail and institutional coverage. Competes with Almondz across broking, wealth distribution and investment banking.
• HDFC Securities: Subsidiary of HDFC Bank offering equity broking, distribution and investment advisory. Significantly larger scale but overlaps directly with Almondz's retail broking and wealth distribution.

Emerging players

• Choice Broking (Choice Equity Broking): Mid-tier Indian broking and financial services firm offering equity/commodity broking and wealth products. Comparable emerging mid-market player targeting similar retail and HNI segments.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat4 records

Key highlights7 records

Customer concentration

• Xtwitter.com/almondzglobal
• YouTubeyoutube.com/channel/almondz
• Facebookfacebook.com/almondzglobal
• LinkedInlinkedin.com/company/almondz-global-securities

Compliance3 records

Revenue estimate

Valuation estimate

Number of profiles

Profiles10 records

Subsidiaries5 records

Funding overview

Funding rounds1 record

Investors1 record

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Almondz Insurance Brokers