06About
A boutique investment bank for mandates that don’t fit a template.
Special situations investment banking, from Mumbai. Complex structures, unconventional solutions, deep sector knowledge and hands-on involvement are the norm here, not the exception.
06.1The firm
The firm
Capital has to be placed, structured and closed.
Most deals that fail, fail in the last stretch, between the term sheet and the money landing. That is where we do our best work.
Luminar Capital works with promoters, founders, boards, lenders and investors on transactions that do not fit conventional templates: equity rounds from startup to pre-IPO, turnarounds and stressed assets, restructurings with banks and ARCs, and mergers and acquisitions on either side of the table.
The firm is principal-led. The team that scopes a mandate stays on it through to closing, and we take on mandates we believe will close.
- Mandates
- Equity fund raising
Special situations
Restructuring
Mergers & acquisitions - Sides
- Buy-side and sell-side
- Investors
- Family offices, funds, private equity, VC and angel investors, onshore and offshore
- Office
- Santacruz (E), Mumbai
06.2Founder & Director
Divyesh Dagliya
Special situations and capital structuring specialist with a deep institutional network.
- Qualification
- Chartered Accountant
- Previously
- Neo Wealth & Asset Management
Divyesh Dagliya founded Luminar Capital on one principle: complex capital problems deserve a principal’s judgement, not a process. A Chartered Accountant by training, he has spent his career structuring special-situation and growth capital for promoters and institutions.
He stays personally accountable for every mandate the firm accepts.
06.3Office
Mumbai.
Santacruz (E), Mumbai 400 055