Persian Gulf Investment Bank (PGIB)

What Persian Gulf Investment Bank (PGIB) does

Persian Gulf Investment Bank (PGIB), legally known as Taminkapital Khalij-e Fars (تأمین سرمایه خلیج فارس), is an Iranian capital market intermediary and investment bank established in 2021 (1400 Iranian calendar) and listed on the Tehran Stock Exchange in May-June 2022 under the ticker تفارس. The company operates as the financial arm of Persian Gulf Petrochemical Industries (PGPIC), a major Iranian petrochemical conglomerate, and focuses on corporate financing, asset management, market-making, IPO advisory, valuation, and financial engineering for clients in Iran's domestic capital market. As a public joint-stock company, PGIB reported approximately 148,000 billion Rial in assets under management across 7 active investment funds, 22 securities under market-making, and 15 trillion Rial in cumulative corporate financing volume as of mid-2025.

PGIB's product portfolio spans 7 investment funds covering equity (Khalij Equity Fund), fixed-income (Sahel and Nakhl Funds), gold-backed ETF (Negin Gold Fund), sector-specific petrochemical exposure (Petrofars Fund), principal-guaranteed capital protection (Tazmin Fund), and real estate (Kashaneh Fund). The firm distributes these funds through the PGInvest self-serve platform (pginvest.ir), licensed brokerage firms on the Tehran Stock Exchange, and direct institutional sales. Non-fund services include corporate financing via equity and debt instruments, IPO listing advisory, company valuation, financial engineering for innovative rial and foreign-currency instruments, market-making for debt securities, and discretionary portfolio management. The company is licensed by the Securities and Exchange Organization of Iran as a capital market intermediary and ranked 2nd among 23 financial institutions for acceptance consulting in Tehran Stock Exchange rankings for fiscal year 1404.

The business model is multi-revenue-stream: management fees on 148,000 billion Rial AUM, transaction and underwriting fees on 15 trillion Rial of corporate financing, spread and market-making revenue on 22 securities, IPO advisory fees, and discretionary portfolio management fees (with reported portfolio returns of 51-80%). Distribution relies on a hybrid approach combining digital self-serve (PGInvest, shareholder portal), channel partners (brokerages), and direct enterprise sales. Strategic positioning is anchored to the PGPIC ecosystem but is gradually diversifying into insurance (Pasargad, Alborz), mining (Golgohar), and non-petrochemical industrial clients (Iran Khodro), with 20+ strategic partners on the client roster. The combination of fund management, market-making, and advisory services under a single regulated intermediary structure is characteristic of Iran's investment bank sector.

Name

Persian Gulf Investment Bank (PGIB)

Legal name

Taminkapital Khalij-e Fars (تامین سرمایه خلیج فارس)

Website

https://pgibc.ir

Company type

Public

Founded year

2021

Operating status

Operating

Headcount range

11–50 employees

Short description

Persian Gulf Investment Bank (PGIB) is an Iranian capital market intermediary and licensed investment bank, operating as the financial arm of Persian Gulf Petrochemical Industries (PGPIC). It manages 7 investment funds, 22 market-making securities, and 148,000 billion Rial AUM, serving corporate, institutional, and retail clients across Iran's domestic capital market.

Ownership category

akta.pro rank

Product category

Investment Banking

NAICS

Open-End Investment Funds (525910), Portfolio Management and Investment Advice (523940), Securities, Commodity Contracts, and Other Financial Investments and Related Activities (523)

SIC

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

akta.pro industry

PRIMARYBPAHAOAL

Capital Markets Advisory (IPO Readiness, SPAC, ECM/DCM Advisory)

Business & Public Services/Professional Services (Legal, Accounting, Consulting)/M&A, Transaction & Restructuring Advisory

SECONDARYBPAHADAB

Corporate Finance & Capital Advisory

Business & Public Services/Professional Services (Legal, Accounting, Consulting)/Strategy & Corporate Finance Advisory

SECONDARYFSAEAGAC

Capital Raising Advisory (Equity & Equity-Linked)

Financial & Insurance/Financial Advisory, Brokerage & Intermediation/M&A Advisory & Corporate Finance

SECONDARYFSAEAGAE

Corporate Finance Advisory (Strategic Finance, Capital Structure & Recaps)

Financial & Insurance/Financial Advisory, Brokerage & Intermediation/M&A Advisory & Corporate Finance

Keywords

• Investment fund management
• Corporate financing services
• Capital market advisory
• Asset management
• Securities market making

Headquarters

HQ city

Tehran

HQ country

Iran

HQ region

Middle East

Offices1 record

Markets served

GTM type

B2B and B2C

Offering type

Services

Cost components

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

Distribution channels4 records

Marketing channels6 records

Core offering

PGIB operates as a licensed capital market intermediary in Iran, offering investment fund management (7 active funds across equity, fixed income, gold, sector, guaranteed, and real estate categories), corporate financing through equity and debt securities issuance, IPO and listing advisory, company valuation, financial engineering, market-making for debt securities, and discretionary portfolio management. The company serves both retail investors seeking managed fund products and corporate entities requiring capital market financing solutions, managing approximately 148,000 billion Rials in assets.

Product overview

PGIB (Persian Gulf Investment Bank) operates as a capital market company and investment bank in Iran, offering a diversified portfolio of investment funds and financial services. The core offering includes 7 active investment funds covering equity (Khaliij Equity Fund), fixed-income (Sahel Fund, Nakhl Fund), gold (Negarin Fars Gold Fund), sector-specific (Petrofars Fund), guaranteed principal (Tazmin Fund), and real estate (Kashaneh Fund) categories. These funds are managed through the PGInvest digital platform. Financial services encompass corporate financing, IPO advisory, valuation services, financial engineering for innovative instruments, market-making for debt securities, and discretionary portfolio management. The company manages approximately 148,000 billion Tomans in assets under management and serves as the financial arm of the Persian Gulf Petrochemical Industries.

Differentiator

Problem solved

Functional benefit

Brands

• PGInvest - سامانه سرمایه گذاری: Online investment platform for the company's investment funds
• Tazmin Fund - صندوق تضمین
• Sahel Fund - صندوق ساحل
• Nakhil Fund - صندوق نخل
• Khalij Equity Fund - صندوق سهامی خلیج
• Negin Gold Fund - صندوق طلا نگین فارس
• Petropars Sector Fund - صندوق بخشی پتروفارس
• Kashef Real Estate Fund - صندوق املاک کاشانه

Products and services

• PGInvest Online Investment Platform (سامانه سرمایه‌گذاری) Online investment platform for managing investments in various funds offered by PGIB, enabling retail investors to subscribe, monitor, and manage their fund holdings digitally.
• Sahel Fixed Income Fund (صندوق درآمد ثابت ساحل) Fixed-income investment fund with approximately 70% growth in asset value year-over-year, providing capital market investors with stable income-oriented exposure.
• Nakhl Fixed Income Fund (صندوق نخل) Fixed-income fund with monthly dividend payments and daily interest accrual, providing regular income distribution to investors.
• Khalij Equity Fund (صندوق سهامی خلیج) Equity investment fund managed by PGIB that achieved TopTen status among market funds, offering investors diversified equity market exposure.
• Negarin Fars Gold Fund (صندوق طلا نگین فارس) Gold-backed exchange-traded fund (ETF) enabling indirect investment in the gold market without physical gold ownership.
• Petrofars Sector Fund (صندوق بخشی پتروفارس) Sector-specific fund investing primarily in petrochemical industry stocks, with approximately 30% growth, providing targeted exposure to the petrochemical sector.
• Tazmin Guaranteed Fund (صندوق تضمین) Capital guarantee investment fund that guarantees principal amount protection, registered with the Securities and Exchange Organization of Iran.
• Kashaneh Real Estate Fund (صندوق املاک کاشانه) Real estate-backed investment fund recently licensed for activity by PGIB, providing investors with exposure to real estate assets through a managed fund structure.
• Corporate Financing Services (تامین مالی) Corporate financing through capital market instruments including equity and debt securities, underwriting, and market-making for corporate clients seeking capital market-based funding.
• Discretionary Portfolio Management (سبدگردانی اختصاصی) Customized portfolio management service tailored to individual risk profiles and investment objectives, achieving 51-80% returns for clients.
• Valuation Services (ارزش‌گذاری) Company and asset valuation services for IPOs and capital market transactions, providing analytical valuation of intrinsic share value for listing and capital market events.
• Financial Engineering (مهندسی مالی) Development of innovative financial instruments and alternative financing structures for both Rial and foreign currency transactions, serving as the company's innovation hub for advanced financial solutions.
• Market Making Services (بازارگردانی) Market-making services for debt instruments on the Tehran Stock Exchange, with approximately 14,600 billion Tomans in securities under management at end of fiscal year and 22 securities under market-making.
• IPO and Listing Services (عرضه و پذیرش شرکت‌ها) Advisory and execution services for company listing and IPO on the Tehran Stock Exchange, including acceptance consulting. PGIB ranked 2nd among 23 financial institutions for acceptance consulting in 1404.
• Shareholder Portal (پرتال سهامداران) Online portal for shareholders of PGIB to access company information, reports, and shareholder services.

Quantifiable outcome

• 97% profit distribution ratio achieved in 1404 annual meeting
• +4 more outcomes

Named customers7 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

Partnerships

One partnership is on record.

• Persian Gulf Petrochemical Industries (PGPIC)coreStrategic or Co-development PartnerAs the financial arm of Persian Gulf Petrochemical Industries, PGIB serves as the capital market and financing vehicle for the petrochemical group. The company facilitates financing for large petrochemical projects and manages treasury activities for the holding company.

Scale indicators7 records

Recent moves6 records

Expansion highlights5 records

Direct peers

• Tamin Sarmaye Mellat: One of the largest Iranian Tamin Sarmaye firms, affiliated with Bank Mellat. Offers the same combination of investment funds, underwriting, market-making, and corporate advisory, but at materially larger scale — a key competitive benchmark for PGIB.
• Tamin Sarmaye Sina: Bank-affiliated Iranian securities firm offering investment funds, underwriting, and market-making services on the Tehran Stock Exchange. Closely comparable in business model and customer base to PGIB.
• Tamin Sarmaye Hamgam: Smaller Iranian Tamin Sarmaye providing investment fund management and capital markets services. Comparable operating model but smaller scale, useful as a like-for-like on smaller mandates.
• Tamin Sarmaye Bonyad: Large state-affiliated Iranian securities firm linked to Bonyad Mostazafan, with broad fund management and underwriting capabilities. Direct competitor and scale benchmark for PGIB's corporate financing franchise.
• Tamin Sarmaye Saderat: Saderat Bank-affiliated securities firm providing mutual fund management, ECM/DCM advisory, and market-making. A direct comparable in product set and target clients.
• Tamin Sarmaye Day: Independent Iranian securities firm offering investment funds and capital markets services on TSE. Comparable mid-tier scale and product mix to PGIB.
• Tamin Sarmaye Pasargad: Iranian full-service securities firm affiliated with Pasargad Bank/Insurance group. Operates a near-identical mix of mutual fund management, underwriting, market-making, and IPO advisory, and is the most direct head-to-head competitor to PGIB.

Broad incumbents

• Bank Pasargad: One of Iran's largest private banks and parent of competitor Tamin Sarmaye Pasargad, plus Pasargad Insurance (a strategic client of PGIB). A broad incumbent shaping the same corporate financing and asset management landscape PGIB competes in.
• Bank Mellat: Major Iranian commercial bank and parent of competitor Tamin Sarmaye Mellat. Provides deposit, lending, and treasury services that intersect with PGIB's capital markets and corporate financing activities.

Others

• Tehran Stock Exchange (TSE): The primary listing venue and secondary-market infrastructure on which PGIB's market-making, IPO advisory, and fund-trading activities depend. Critical ecosystem counterpart rather than a direct competitor.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat4 records

Key risks5 records

Key highlights7 records

Customer concentration

• LinkedInlinkedin.com/company/persian-gulf-investment-bank
• Instagraminstagram.com/pgibc.ir

Revenue estimate

Valuation estimate

Number of profiles

Profiles1 record

Funding overview

Funding rounds

Investors

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 Persian Gulf Investment Bank (PGIB)