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Almondz Bags ₹142 Million Advisory Mandate—What’s Behind This Windfall?


Updated: June 13, 2025 17:00

Image Source: Equity Bulls
Almondz Global Securities Ltd has just landed a fresh order worth about ₹142 million, marking one of its largest advisory wins in over two years. Filed with the BSE on June 16, the merchant banker said the mandate comes from a consortium led by a leading infrastructure player for financial due diligence and project financing guidance on a new highway concession.
 
Key Highlights
 
* Mandate Value: ~₹142 million over 12 months
* Client Profile: Consortium headed by a top-tier infrastructure firm
* Scope of Work: Project structuring, debt syndication support, and financial due diligence
* Delivery Timeline: Services to be completed by June 2026
* Revenue Impact: Expected to boost Almondz’s advisory revenues by up to 20% in FY 2025–26
 
This order follows a strategic push by Almondz to deepen its project advisory arm after restructuring its board last year. The company’s leadership believes such mandates not only bring near-term fee income but also open doors to larger infrastructure and public-sector consulting gigs.
 
Market watchers note that small to mid-tier merchant bankers like Almondz have struggled to replace lost broking revenues, so a big-ticket advisory win offers both credibility and cash flow stability. The stock jumped nearly 4% in early trade following the announcement, suggesting investors welcomed evidence of Almondz’s pivot toward higher-margin services.
 
With India’s infrastructure pipeline swelling—driven by government pushes on roads, ports, and urban transit—analysts say Almondz is well positioned to vie for more multi-crore mandates in the year ahead.
 
Source: BSE Filings, Moneycontrol, Economic Times

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