Elara Capital Mumbai Salaries by 100+ Employees (Updated 2024)

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Designation	Avg Annual Salary	Open Jobs
Equity Research Associate 1 - 13 years exp. · Mumbai (20 salaries)	₹8.4 L/yr - ₹22.5 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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Research Associate 1 - 7 years exp. · Mumbai (6 salaries)	₹7.5 L/yr - ₹15 L/yr
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Analyst 3 years exp. · Mumbai (5 salaries)	₹2 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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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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a technical project manager

Deadend

Hi, I'm here to share a part of my journey from the past 12 years in my career, I started from a package of 3.6LPA in 2013 at iGate and due to a few bad decisions on my career and worthless advices from people who are always pessimistic about the industry, I switched two companies and landed in a start-up with 2.4LPA. I worked hard nearly 8-16hrs a day single handed researched, built and managed an entire vertical of a project for 8 years. When the company didn't value my contribution and thought I was too young to become a manager, I had a package of 6LPA and Senior developer in designation. I switched for obvious reasons to a TL role for 12LPA and now at the same company I'm a TPM on the basis of my contribution with 48LPA as a fixed component. I feel outclassed in terms of having a fancy CV with certifications, I feel like CTC has hit a peak with 48LPA being fixed and nearly 40% in Variable. Most companies are hesitant to hire me because of this. What should be my next move?

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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.

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.

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.

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

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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 165 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 ₹32.25 lakhs per year. The top 1% earn more than a whopping ₹62.90 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 ₹3.5 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 165 Elara Capital latest salaries received from various employees of Elara Capital.