- Business
- Almondz Global Securities Limited provides diversified financial services in India, focusing on merchant banking, corporate finance advisory, equity and debt broking, wealth management, and infrastructure consulting. Incorporated in 1994 and headquartered in New Delhi, the company operates through segments including debt and equity market operations, corporate finance and advisory fees, wealth advisory and broking activities, finance activities, infrastructure advisory, and healthcare services; it serves public sector undertakings, large corporates, SMEs, provident funds, retail investors, high-net-worth individuals, and institutional clients across major Indian cities with a network of franchisees. Core products and services encompass depository participant services through membership in NSE, BSE, and CDSL; equity and commodity broking; mutual fund distribution as an AMFI-registered entity; fixed income products, equity IPOs, tax savings instruments, structured products, government bonds, capital gain bonds, RBI taxable bonds, life and general insurance; portfolio management services; loans to corporates via non-banking financial company subsidiaries; mergers and acquisitions advisory; private equity syndication; valuation services; project finance; and professional consultancy in infrastructure sectors such as highways, airports, logistics parks, water and sanitation, urban renewal, and smart mobility. Subsidiaries include Almondz Finanz Limited for NBFC lending and debt-equity trading, Skiffle Healthcare Services Ltd. for eye-care hospitals under Dev Eye Centre in Delhi-NCR region, Almondz Commodities Pvt. Ltd. for MCX and NCDEX trading platforms, and Almondz Global Infra-Consultant Limited for engineering and financial advisory; the company functions as a subsidiary of Avonmore Capital & Management Services Limited. In recent developments, Almondz Global Securities approves a major restructuring scheme in September 2025 involving the demerger of its broking business—including stock broking, depository, and advisory services—into a new entity Almondz Broking Services Limited for separate listing to unlock value and sharpen focus, with the remaining non-broking operations set to amalgamate into parent Avonmore Capital alongside other group entities like Almondz Insolvency Resolutions Services Private Limited and Almondz Finanz Limited; this follows an April 2025 announcement of the demerger plan, where shareholders receive one share of the broking entity per share held and enhanced shares in Avonmore for the merger, aiming to streamline structure and meet regulatory requirements while the broking segment contributed about 8.65% of FY2025 revenue.