IR advisory is going through a period of phenomenal growth in India, which has 5000+ publicly listed companies. The document intends to provide a quick view on the status of IR advisory business in India.

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INVESTOR RELATIONS ADVISORY IN INDIA
(a compilation of 12 profiles)
May 2016

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Investor Relations Advisory includes all services under the sun that are directed
towards enhancing the corporate positioning and visibility of a company (generally
publicly-traded) among various stakeholders across capital markets, financial media,
government, and consumers.
Someone rightly said, ‘Sound IR is an important element to achieve fair valuation of a
company’s stock price’
What exactly is Investor Relations (IR) Advisory?
What does it take to be an IR Advisor?
People working in IR Advisories generally come from a finance background with
strong analytical skills, robust desktop research skills, and excellent communication
(both verbal and written) skills.

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Legacy solutions
• Investor Presentation
• Investor Kit
• Company Factsheet
• Quarterly Results Conference Calls
• Press Releases / Company Updates
• Analysts’ Meet
• Plant Visits
• Roadshows
• Perception Analysis
• Peer-group Studies
New age solutions
• Fund Raising
• Mergers & Acquisitions
• Transaction Support
• Corporate Audio Visuals
Financial
communications
advisory
Investment
Banking advisory
Can you enlist some of the activities undertaken by IR Advisory firms?

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There are several IR Advisory firms in India. However, most of them are small, both
in terms of team size as well as number of client accounts handled.
• Citigate Dewe Rogerson Communications Private Limited
• Adfactors PR Private Limited
• Strategic Growth Advisors Private Limited
• Concept Investor Relations Private Limited
• Christensen Investor Relations India Private Limited
• Dickenson Seagull IR Solutions Private Limited
• Churchgate Advisory Private Limited
• Valorem Advisors
• S-Ancial Global Solutions Private Limited
• Stellar IR Advisors Private Limited
• Finsight Financial Advisors
• Bridge Investor Relations Private Limited
How many firms offer IR Advisory services in India?

5. Citigate Dewe Rogerson Communications Private Limited
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Established in 1999
Motlibai Wadia Building
22-D, S.A. Brelvi Road, Near Horniman Circle, Fort
Mumbai 400 001
India
Adfactors PR Private Limited
Established in 1997
City Hall, Oasis Complex, Kamala Mills Compound
Pandurang Budhkar Marg, Lower Parel (W)
Mumbai 400 013
India

6. Strategic Growth Advisors Private Limited
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Established in 2010
402, Pressman House, Near Orchid Hotel
70 A, Nehru Road, Vile Parle (E)
Mumbai 400 099
India
Concept Investor Relations
Established (NA)
1st Floor, Queen’s Mansion
Prescot Road, Azad Maidan, Fort
Mumbai 400 001
India

7. Christensen Investor Relations India Private Limited
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Established in 2007
C-95, Shatdal Society
Azad Lane, Andheri (W)
Mumbai 400 058
India
Dickenson Seagull IR Solutions Private Limited #
Established in 2009
1st Floor, Kanchwala Building
266, Dr. Annie Besant Road, Prabhadevi, Worli
Mumbai 400 030
India
# The new name after Dickenson Group acquired Seagull IR Solutions Private Limited in 2012

8. Churchgate Advisory Private Limited
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Established in 2011
16th Floor, Tower II, Indiabulls Finance Centre
Senapati Bapat Marg, Elphinstone (W)
Mumbai 400 013
India
Valorem Advisors
Established in 2012
B2-908, Marathon Innova
Veer Santaji Marg, Lower Parel (W)
Mumbai 400 013
India

9. S-Ancial Global Solutions Private Limited
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Established in 2013
C-301, Neelkanth Business Park
Vidyavihar (W)
Mumbai 400 086
India
Stellar IR Advisors Private Limited
Established in 2014
A-308, Dynasty Business Park
Andheri Kurla Road, Andheri (E)
Mumbai 400 065
India

10. Finsight Financial Advisors
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Established in 2012
K-603, Greenwoods
AK Road, Andheri (E)
Mumbai 400 093
India
Bridge Investor Relations Private Limited
Established in 2016
107, B-Wing, Everest Grande
Mahakali Caves Road, Andheri (E)
Mumbai 400 093
India

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ABOUT THE AUTHOR
Manish graduated from Panjab University with a degree in Commerce and
followed it up with an MBA from the ICFAI Business School, Mumbai. He has
worked for over 10 years in equity research positions analyzing Global markets
and businesses for international brokers, private equity firms, and asset
management companies.
Manish lives and works in Mumbai; he can be reached at mtulsian@gmail.com.