![Shivaji Thapliyal](data:image/svg+xml,<svg xmlns="http://www.w3.org/2000/svg" width="16" height="16" fill="%231b1b1b" class="bi bi-person-fill" viewBox="0 0 16 16"><path d="M3 14s-1 0-1-1 1-4 6-4 6 3 6 4-1 1-1 1zm5-6a3 3 0 1 0 0-6 3 3 0 0 0 0 6"/></svg>)
Shivaji Thapliyal
Director of Research - Equity at
YES Securities (India) Ltd.
Profile
Shivaji Thapliyal is currently Head of Research & Lead Sector Research Analyst at YES Securities (India) Ltd. since 2025.
Former positions include Research Analyst at Nomura International Plc from 2009 to 2012, Senior Financial Analyst at Inductis, Inc., Research Analyst at Karvy Stock Broking Ltd., Research Analyst at Nuvama Wealth Management Ltd. (Broker), Associate at Lehman Brothers Securities Pvt Ltd. (India), Analyst at Asian Markets Securities Pvt Ltd., and Research Analyst at Nirmal Bang Equities Pvt Ltd. Education includes undergraduate studies at the Indian Institute of Technology Kanpur.
Shivaji Thapliyal active positions
| Companies | Position | Start |
|---|---|---|
YES Securities (India) Ltd.
 YES Securities (India) Ltd. Investment Banks/BrokersFinance Provides brokerage services | Director of Research - Equity | 01/07/2022 |
Former positions of Shivaji Thapliyal
| Companies | Position | End |
|---|---|---|
Asian Markets Securities Pvt Ltd.
 Asian Markets Securities Pvt Ltd. Investment Banks/BrokersFinance Provides brokerage services | Analyst-Equity | 01/05/2021 |
Nomura International Plc
 Nomura International Plc Investment Banks/BrokersFinance Provides brokerage services | Analyst-Equity | 01/09/2012 |
Nirmal Bang Equities Pvt Ltd.
 Nirmal Bang Equities Pvt Ltd. Investment Banks/BrokersFinance Provides brokerage services | Analyst-Equity | - |
Inductis, Inc.
 Inductis, Inc. Miscellaneous Commercial ServicesCommercial Services Provides management consulting and professional services | Corporate Officer/Principal | - |
Lehman Brothers Securities Pvt Ltd. (India)
 Lehman Brothers Securities Pvt Ltd. (India) Investment Banks/BrokersFinance Provides securities brokerage services | Corporate Officer/Principal | - |
Training of Shivaji Thapliyal
Experiences
Positions held
Active
Inactive
Listed companies
Private companies
Connections
81
1st degree connections
9
1st degree companies
Male
Female
Members of the board
Executives
Linked companies
| Private companies | 9 |
|---|---|
Nomura International Plc
Nomura International Plc Investment Banks/BrokersFinance Provides brokerage services | Finance |
Inductis, Inc.
Inductis, Inc. Miscellaneous Commercial ServicesCommercial Services Provides management consulting and professional services | Commercial Services |
Karvy Stock Broking Ltd.
 Karvy Stock Broking Ltd. Investment Banks/BrokersFinance Provides brokerage services | Finance |
Indian Institute of Technology Kanpur
 Indian Institute of Technology Kanpur Other Consumer ServicesConsumer Services Functions as a College/University | Consumer Services |
Nuvama Wealth Management Ltd. (Broker)
 Nuvama Wealth Management Ltd. (Broker) Investment Banks/BrokersFinance Provides brokerage services | Finance |
Lehman Brothers Securities Pvt Ltd. (India)
Lehman Brothers Securities Pvt Ltd. (India) Investment Banks/BrokersFinance Provides securities brokerage services | Finance |
Asian Markets Securities Pvt Ltd.
Asian Markets Securities Pvt Ltd. Investment Banks/BrokersFinance Provides brokerage services | Finance |
Nirmal Bang Equities Pvt Ltd.
Nirmal Bang Equities Pvt Ltd. Investment Banks/BrokersFinance Provides brokerage services | Finance |
YES Securities (India) Ltd.
YES Securities (India) Ltd. Investment Banks/BrokersFinance Provides brokerage services | Finance |
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