Institutional Equities

Good and clean practices powered by differentiated and meticulous research

With innovative, thought-provoking research and powerful investment strategies for institutions, Institutional Equities at Ambit cuts through the clutter across the brokerage landscape in India. Our team has been consistently awarded by Asiamoney and has been well rated by Institutional Investor as well. Our state-of-the-art algorithmic trading platform enables clients to access liquidity in the Indian stockmarket at the best possible prices. As a corporate member of the Bombay Stock Exchange and National Stock Exchange of India, we create value for investors seeking opportunities to grow in the Indian capital market.



MOST IMPROVED BROKER 2012 | 2013 | 2014 - 2015 | 2016

Leadership TEAM


Saurabh Mukherjea

CEO, Ambit Capital


Saurabh Mukherjea leads the Institutional Equities, Equity Capital Markets and Private Wealth businesses at Ambit.

Prior to joining Ambit, Saurabh co-founded an equity research firm, Clear Capital, and also successfully built the Equities business for Execution Noble in India, right from its inception. During his tenure at Execution Noble, it was the highest ranked new entrant for Research in the 2009 Asiamoney polls.

" Voted as the No.1 Strategist in India in 2014, 2015 and 2016 by Asiamoney, Saurabh has played a crucial role in transforming Ambit into one of the most successful brokers in India. It is under his stewardship that Ambit has been ranked by Asiamoney as the ‘Most Improved Brokerage House in India’ for 5 consecutive years. In 2015, 2016 and 2017, Ambit was also rated as the ‘Most Independent Brokerage’ in India."

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Pramod Gubbi

Managing Director & Head, Institutional Equities, Ambit Capital


Pramod Gubbi leads the Institutional Equities business at Ambit Capital.

Prior to joining Ambit, Pramod was the Director of Indian Equity Sales at Execution Noble, before which he was Director of India operations at Clear Capital. He also worked with HCL Technologies and Phillips. He has over 15 years of experience across diverse sectors and markets.

Pramod is an MBA from Indian Institute of Management Ahmedabad and Bachelor of Engineering in Electronics from National Institute of Technology Karnataka. He is also a CFA Charterholder.


Nitin Bhasin

Managing Director & Head of Equities Research, Institutional Equities, Ambit Capital


Nitin Bhasin heads the research team at Ambit Capital and predominantly covers Engineering & Construction, Infrastructure, Cement and Building Materials sector. He has over 16 years of experience, including 14 years in equity research.

Prior to joining Ambit, Nitin has worked with Execution Noble, Kotak, Emkay and Way2Wealth where he covered diverse sectors in India.

Nitin is a Charted Accountant, Company Secretary and a CFA (Level-II) and holds a Masters degree in Accounts, Statistics and Financial Management from Kurukshetra University.


Sarojini Ramachandran

Managing Director, Sales, Institutional Equities, Ambit Capital


Sarojini has over 13 years Capital Markets experience.

Previously at Execution Noble in London, Sarojini joined Ambit in 2010 in London to build a European and North American Institutional client base.

Sarojini went on to lead Ambit’s Institutional Equities sales team in 2014, a team of 14 salespeople spread over 4 locations globally which went on to be rated India’s #1 Sales Team in the 2015 Asiamoney Broker Poll.

Sarojini continues the initiative to cover and build Ambit’s FII client franchise in the UK and North America. She has previously worked at Thomas Weisel and Morgan Stanley in research.

Sarojini is an MBA from University of Wales, Cardiff and a Bachelor of Commerce (Honours) from Delhi University.

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CIN: U74140MH1997PTC107598

BSE Clearing and Trading Member (Derivatives)- INF011247633 | BSE Stock Broker (Cash Segment)- INF011247633 | NSE Multiple Member (Cash Market Segment)- INB231247637 | NSE Trading Member (F&O)- INB231247637 | SEBI - Depository and Participant- IN-DP-CDSL-374-2006 | SEBI-Portfolio Manager- INP000002221 | AMFI-Mutual Fund Advisor- ARN-36358 | SEBI - Research Analyst - INH000000313 | SEBI - Merchant Banker - INM000012379

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Disclaimer for US Person

This website is intended for publication / distribution of material directly or indirectly only to "Major Institutional Investors" (“MUSII”) as defined by Rule 15a-6(b)(4) of the U.S. Securities and Exchange Act, 1934 (the Exchange Act) and interpretations thereof by U.S. Securities and Exchange Commission (SEC) in reliance on Rule 15a 6(a)(2). If the person(s) accessing this website is not a Major Institutional Investor as specified above, then it should not access the same and exit from the website. Further, credentials / login provided to the user and viewed on the website should not be copied, duplicated and /or transmitted onward to any other person, specifically to someone who is not the Major Institutional Investor.

In reliance on the exemption from registration provided by Rule 15a-6 of the Exchange Act and interpretations thereof by the SEC in order to conduct certain business with Major Institutional Investors, Ambit Capital Private Limited has entered into an agreement with a U.S. registered broker-dealer, Ambit America Inc. Transactions in securities mentioned on the website should be effected through Ambit America Inc.

Accordingly, in the absence of specific exemption under the Acts, any brokerage and investment services provided by any entity in the Ambit Group including Ambit Capital Private Limited, including the products and services described herein are not available to or intended for U.S. persons (Other than MUSIIs).

This website and its respective contents do not constitute an offer or invitation to purchase or subscribe for any securities or solicitation of any investments or investment services and/or shall not be considered as an advertisement tool. "U.S. Persons" are generally defined as a natural person, residing in the United States or any entity organized or incorporated under the laws of the United States. US Citizens living abroad may also be deemed "US Persons" under certain rules.

“Ambit Group” means Ambit Pvt. Ltd. and/ or any of its subsidiaries.