Maxim Research Private Limited provides differentiated and value-add research & analytics services to its global clients. Maxim caters to both buy-side and sell-side clients by providing research support across asset classes such as Equities, Fixed Income and Alternative Investments. Maxim does not operate just as a Knowledge Process Outsourcing firm but it offers intellectual insights while working with clients as partner, simultaneously providing stability and flexibility of a vendor.
Maxim Research operates through four Strategic Business Units: Buy-Side Research, Sell-Side Research, IB & PE Support and Customized Research.
Buy-Side Research:- Maxim’s Buy-Side Research provides end-to-end research support to buy-side clients such as hedge funds, family offices, private equity & venture capital firms and other asset management companies.
Sell-Side Research:- Maxim's Sell-Side Research is primarily targeted at independent research providers, investment banks and brokerage firms researching global bonds and stocks across market capitalizations (large, midcaps and small/micro caps).
IB & PE Support:- Maxim Research provides IB and PE Support to clients such as Investment Banks, Private Equity & Venture Capital firms, and Corporates.
Customized Research:- Maxim provides Business Research/Consulting, Data Aggregation, and CFO support to Advisory & Consulting Firms and Corporates.
Our research helps our clients 'win' i.e. to make money by earning superior risk adjusted returns. In case you require any other information, please get in touch at mahesh@maxim-research.com.
Mahesh Joshi, CFA
Managing Director and Head - Research
BE (Mech), MBA (Finance), CFA (2006)
Mahesh Joshi has more than 20 years of diverse experience in Capital markets across asset classes – Equities, Fixed Income, Investment Banking, Alternative Assets such as Private Equity and Hedge Funds and Structured Products. He has worked in multiple roles as a Buy Side Analyst & Fund manager with UTI Mutual Fund, Sell side equity analyst with HDFC Securities, Credit Analyst with CARE Ratings and Head of Research supporting a UK based Independent Research Provider. In this previous stint, Mahesh was Head of Research with one of the leading KPO firms based in India.
More AP
Vice President - Research
BE (Mech), MBA (Finance)
Mr. More has over 15 of years experience in Investment Research space covering sell-side research, Private Equity and buy-side firms including hedge funds. In his previous stint, he worked with a Swiss based Private Equity firm, identifying investment opportunities in 'CH+4' markets wherein he provided end to end support from identifying to analyzing investment opportunities in the beaten down stocks. Prior to that, he worked with a US based bulge bracket investment bank, tracking a portfolio of companies and also supported an independent US based research provider in initiating and maintaining stock coverage. He has a considerable experience of working with global clients and has authored several initiation and thematic reports including - a 'FITT' (Fundamental, Industry, Thematic, Thought Leading) report on 'Global IT Outsourcing industry' (at Deutsche Bank) and a M&A related white-paper (the foreword written by Prof. Aswath Damodaran). Prior to joining Maxim, Mr. More was an Associate Vice President at a leading KPO company in India.
Serge Ngoie
Business Development Manager - UK & Europe
BSc (Financial Economics), MSc (Financial Engineering), University of London
Serge has more than 10 years work experience from the Financial Services industry. Serge started his career as a Financial Analyst on the Retail sector (Food & Apparel) within the Global Investment Research division at Goldman Sachs, where he became an Associate and the architect behind the successful delivery of a proprietary equity research analytical tool called Quantum. After leaving Goldman Sachs, Serge went to work as a consultant on various projects from commoditising companies' financial and sector-specific data for sell-side and buy-side analysts to implementating and integrating cross-asset trading platforms for various IBs.
Cost effective yet high quality research:
Maxim Research differentiates itself from other vendors by offering cost effective customized research leveraging its domain expertise and usage of its own proprietary templates (models, reports).
We have analysts drawn from the best management institutes who are highly experienced in the areas of financial research and having deep sectoral expertise.
100% focused on financial services
Maxim Research is 100% focused on financial services. Yes, we have put all our eggs in one basket!. We will focus on financial services and develop a complete range of services in order to provide end to end solutions to our clients.
Can provide scalability to your business model
Maxim Research as a trusted vendor can partner with you and provide scalability to your growth plans.
We are the subject matter experts!
Maxim Research have subject matter expertise in all the areas they operate in. Our team has a cumulative experience of 50+ years in areas of research and analytics.
100% safety on data security:
As a firm situated in India we fully understand the importance of data security from the client’s perspective. We have a backup server where the files can be recovered and the data is secure. There are network restrictions in place to prevent any data security lapse.
Case Studies Set 1: Buy-side equity research support
Client 1 : US based buy-side client
Client work stream:
⇒ Initiate coverage on 110 large-cap stocks existing in the client coverage universe
⇒ Earnings and event updates on stocks initiated
⇒ Investment ideas (stock ideas) and Stock screening
Client 2 : US based hedge fund
Client work stream:
⇒ Offered end-to-end services covering the entire investment cycle from target identification and investment due diligence to portfolio monitoring
⇒ This included investment opportunity analysis, financial modeling and benchmarking, company research, trading comparables and investment updates
Client 3: UK based hedge fund
Client work stream:
⇒ Monitor news and developments on coverage companies and maintain a corporate actions/earnings tracker
⇒ Build and update financial models for new and existing coverage and provide on-demand research support
⇒ Morning Newsletter with all the major news, developments and corporate actions related to coverage companies in the client’s inbox before arrival.
⇒ Financial Models are updated with latest results and delivered during the earnings season, hours before the London Market opens, allowing the client to act on earnings.
Client 1 : Independent Research Provider in the US
Client work stream:
Independent research covering global companies listed on NASDAQ
Includes initiating coverage on stocks and preparing earnings and event updates
Client 2 : Brokerage firm in the UK focusing on Frontier markets
Client work stream:
Preparing Equity Daily tracking news flow and price movements of the stocks under coverage list
Preparing financial models
Initiating coverage on stocks and preparing earnings and event updates
Client 1: UK based brokerage firm
Client work stream:
Financial modeling including capital structure analysis, covenant analysis and collateral analysis
Fundamental credit analysis and Relative value analysis using cash bonds
New issue and initial notes for new investments and quarterly review notes for ongoing surveillance
Client 2: US based firm
Client work stream:
New issue and initial notes for new investments and quarterly review notes for ongoing surveillance
Financial modelling and fundamental credit analysis
We have been working with Maxim Research for more than a year. The team helped us in the set-up of Equity Daily product and has been supporting us in wide range of activities - building financial models, writing earnings updates etc. They have been responsive, thorough and professional. I have really enjoyed working with the team.
Partner and Head of Equity Research, UK based boutique investment bank
Working with the Maxim Research analyst has been a pleasure. I have utilized their services in preparing earnings templates, financial models for my portfolio stocks. They have demonstrated strong attention to detail and their deliverables have been accurate and 'on time'.
Managing Principal & CIO, US based Hedge Fund
I have been working with Mahesh and his team for about a year. Maxim Research has been a key partner and has supported me in various projects. The analysts think ‘out of the box’ and come up with new ideas and solutions to enhance the final output of the project. They bring to table strong financial modelling skills, deep sectoral expertise and an ability to package all this in a client-ready deliverable.
Founder & CEO, UAE based boutique Investment bank
Analysts at Maxim take full ownership of tickers assigned to them. They track the required news flow related to company/sector, attend conference calls and are proactive in their stock coverage. They are our ‘trusted and reliable’ analyst team
Managing Principal & Founder, US based independent research provider
We have been working with Maxim since last 18months. Initially we were taking their services in relatively simple tasks such as data aggregation, comps sheets, inputing historicals etc. However with time they have started supporting us in complex work such as generating trade ideas and providing buy-side support (providing recommendations) on stocks within our portfolio coverage.
Sr. Vice President, US based buy-side firm