India’s next big stories start small. We read them first.
Independent research on India’s SME and emerging-cap market, and for main-board (small, mid and large caps) too. For investors who want data over hype.
Signal over noise
Small caps get the most chatter and the least clarity. We fix that. We turn dense filings, thin disclosures and market rumour into research you can act on.
From SMEs to main-board large caps, we dig for insights the market hasn’t already priced in. That means investors get sharper decisions and a clearer view of what’s really going on.
Where the next generation of Indian business gets discovered
We’re building the go-to research house for the part of India’s market most people overlook. Some of tomorrow’s market leaders are still SMEs today, and we want to be the ones who saw it coming. And as they grow into the main board, we’ll keep following them, right up to the large caps.
- 01IntegrityNo spin.
We call it as we see it, with independent and transparent research. If the numbers don’t stack up, we say so.
- 02InnovationSmarter, not louder.
We pair sharp analytical tools with fresh thinking, so we’re not stuck in the old research playbook.
- 03ImpactClarity you can use.
We don’t write 60-page reports that say nothing. Every insight must lead to a decision.
- 04Client-CentricityBuilt around your goals.
Your stage, your strategy and your questions shape the work, not a template.
What sets us apart.
- 01SME-first, not SME-as-an-afterthought.
Most research desks treat small caps as a footnote. For us, it’s the whole game. We know the terrain, the risks and the upside.
- 02Beyond SMEs: the full main board.
Small, mid and large caps get the same rigorous, no-nonsense treatment, so you can follow a company from its SME days to blue-chip status.
- 03Insights you won’t find elsewhere.
Our reports go past the consensus view, with analysis that’s unique to us.
- 04Built for your stage.
Pre-IPO, freshly listed or scaling fast, we meet you where you are.
Mr. Pratapsingh Nathani
Founder and CMD, Beacon Trusteeship Group
BeaconCaps has been founded by Mr. Pratapsingh Nathani, who is the founder and CMD of the Beacon Trusteeship Group.
A seasoned leader with over two decades of experience in the Financial Services sector, he has been instrumental in shaping the trustee industry through the adoption of innovative, transparent and governance-centric practices. His strong commitment to ESG principles and financial markets governance reflects a forward-thinking approach, enhancing stakeholder trust and advancing responsible corporate conduct across the financial ecosystem.
Mr. Gaurang Chandarana
Head – BeaconCaps
A seasoned professional with 30+ years of experience across BFSI, analytics, research, and ratings, he combines strategic vision with hands-on execution. From consultancy to leading institutional platforms, he has built deep expertise in research and analytics, and has conceptualised, built, and managed ESG rating frameworks. His understanding of sustainability and analytics makes him a reliable voice in capital markets research.
Vishal Singh Nathani
Vishal Singh Nathani is a second-generation entrepreneur and an alumnus of the Indian School of Business (ISB), with experience across debt capital markets, trusteeship and structured finance. He brings a research-driven approach to the markets, tracking credit trends, issuer fundamentals and regulatory developments to shape informed views and solutions. Having worked closely with issuers, lenders and investors, Vishal combines market insight with a strong focus on technology and execution.
All caps. Big conviction.
Ready to see what the market’s been missing?
Talk to usInformational only, not investment advice. Prices via Yahoo Finance (delayed). BeaconCaps is a SEBI-registered Research Analyst, Reg. No. INH000021377.