Elara Capital Mumbai Salaries by 100+ Employees (Updated 2025)

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Designation	Avg Annual Salary	Open Jobs
Equity Research Associate 1 - 7 years exp. · Mumbai (20 salaries)	₹8.4 L/yr - ₹19 L/yr	2 job openings
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Associate Vice President 9 - 11 years exp. · Mumbai (6 salaries)	₹20 L/yr - ₹33 L/yr
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Analyst 2 - 3 years exp. · Mumbai (6 salaries)	₹4.4 L/yr - ₹12 L/yr
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Senior Vice President 17 - 30 years exp. · Mumbai (4 salaries)	₹50 L/yr - ₹60 L/yr
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Assistant Manager Finance & Accounts 0 - 2 years exp. · Mumbai (4 salaries)	₹3 L/yr - ₹10.7 L/yr
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HR Manager 7 - 11 years exp. · Mumbai (4 salaries)	₹12 L/yr - ₹20.3 L/yr
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Research Associate 1 - 5 years exp. · Mumbai (4 salaries)	₹7.5 L/yr - ₹16 L/yr
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Associate Economist 4 - 8 years exp. · Mumbai (4 salaries)	₹7.5 L/yr - ₹16 L/yr
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Wealth Manager 5 - 6 years exp. · Mumbai (3 salaries)	₹11.7 L/yr - ₹15 L/yr
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Equity Research Analyst 2 - 8 years exp. · Mumbai (3 salaries)	₹12 L/yr - ₹23.7 L/yr
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Production Specialist 11 - 16 years exp. · Mumbai (3 salaries)	₹9.1 L/yr - ₹11.8 L/yr
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Company Secretary and Compliance Officer 13 - 15 years exp. · Mumbai (3 salaries)	₹32.5 L/yr - ₹34.1 L/yr
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Investment Banking Associate 2 - 4 years exp. · Mumbai (3 salaries)	₹12 L/yr - ₹22 L/yr
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Associate Equity Research Analyst 3 - 5 years exp. · Mumbai (3 salaries)	₹20 L/yr - ₹22.5 L/yr
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Equity Research Intern 0 - 3 years exp. · Mumbai (3 salaries)	₹2.4 L/yr - ₹9 L/yr
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Investment Banking Analyst 2 - 4 years exp. · Mumbai (3 salaries)	₹6.7 L/yr - ₹14.5 L/yr
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Business Development Executive 5 - 8 years exp. · Mumbai (AmbitionBox Estimate)	₹3.9 L/yr - ₹5 L/yr
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IT Manager 11 - 13 years exp. · Mumbai (AmbitionBox Estimate)	₹9.6 L/yr - ₹12.3 L/yr
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AM-IT 8 - 10 years exp. · Mumbai (AmbitionBox Estimate)	₹5.6 L/yr - ₹7.2 L/yr
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Senior Business Development Executive 7 - 8 years exp. · Mumbai (AmbitionBox Estimate)	₹5 L/yr - ₹6.3 L/yr
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fathersahaab

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AmbitionBox

New Job, Higher Pay, Now I’m Feeling Awkward

I’ve been at my new job for about six months now, and everything’s been going great! I’m getting positive feedback from my manager, and I get along well with the team. The thing is, when I started, my salary offer ended up being much higher than the initial number discussed during my interview. I didn’t negotiate and just accepted the offer. So, fast forward to happy hour with the team, and the topic of salary comes up. I, unfortunately, shared what I’m making, and let’s just say... it didn’t sit well with the others who have been on the team for years and make less than me. They weren’t mad at me, but now I’m feeling a bit uncomfortable and unsure how to handle this situation. Has anyone had something like this happen? How did you deal with it? Let’s chat!

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Salary related reviews for Elara Capital

3.4

Rated by 12 employees for salary & benefits

Equity Research Analyst in Mumbai

Full Time

Finance & Accounting Department

3.0

• posted on 17 Jan 2023

3.0

for Salary and Benefits

Likes

Very intrapreneurial culture. Good flexibility and platform to perform.

Company culture - Good

+1 more

Dislikes

Limited support by the promoters and senior management. A great franchise built over the last two decades but not able to leverage its network and relationships.

Skill development - Poor

+1 more

Institutional Equity Sales in Mumbai

Full Time

Finance & Accounting Department

4.0

• posted on 08 May 2022

3.0

for Salary and Benefits

Likes

Accomodative work culture with good platform to create a name for oneself. Well respected as a broking house in the industry.

Job security - Excellent

+4 more

Dislikes

The best performers compensation turns out to be only at par with the overall industry. Overall Payscale is atleast 20-25% below industry standard.

Senior Research Associate in Mumbai

research Department

1.0

• posted on 14 Mar 2018

1.0

for Salary and Benefits

Likes

Elara Capital is completely controlled by harendra kumar, if you are having good relations with him then its fine. for learning and growth one should not go for it.

Dislikes

Job Security, Appraisal, learning, management

Salary - Bad

+6 more

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Know more about Elara Capital Mumbai

Elara Capital Salary FAQs

How much does Elara Capital pay per year?

The average Elara Capital salary ranges from approximately ₹2 Lakhs to ₹2.4 Lakhs per year for a Intern and ₹28 Lakhs to ₹51 Lakhs per year for a Vice President. Salary estimates are based on 166 Elara Capital salaries received from various employees of Elara Capital. Elara Capital employees rate the overall salary and benefits package 3.4/5 stars.

What is the highest salary in Elara Capital?

The highest-paying job at Elara Capital is a Vice President with a salary of ₹28 Lakhs to ₹51 Lakhs per year. The top 10% of employees earn more than ₹32.20 lakhs per year. The top 1% earn more than a whopping ₹62.61 lakhs per year.

What is the minimum salary in Elara Capital?

Minimum salary at Elara Capital depends on the role you are applying for. For Assistant Manager the minimum salary is ₹4 Lakhs to ₹8 Lakhs per year, and for Analyst the minimum salary is ₹4.4 Lakhs to ₹12 Lakhs per year and so on.

What is the notice period at Elara Capital in Mumbai?

According to AmbitionBox, 68% of the Elara Capital employees in Mumbai reported a notice period of 3 Months, 21% reported a notice period of 1 Month and the remaining reported other notice period durations. This is based on 57 responses on AmbitionBox in last 2 years.

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Elara Capital Mumbai Salaries by Department

Average annual salary in Elara Capital , Mumbai is INR . Salary estimates are based on 166 Elara Capital latest salaries received from various employees of Elara Capital.