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Public markets (Cat III) · SEBI registry

Knightstone Capital LLP

Public markets (listed) · Public markets (listed equity) · Mumbai

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At a glance

Stage focus
Public markets (listed)
City
Mumbai
HQ / office
Mumbai, Maharashtra (registry: Chembur; firm office: New Cuffe Parade, Wadala East)
Fund registered
2021
LinkedIn
Profile ↗

About

Knightstone Capital is a SEBI-registered Category III AIF (managed by Knightstone Capital Management LLP) that invests in Indian public equities with a long-term, fundamental value-investing approach. It is led by founder Parag Jhawar, formerly Managing Director at Steinberg India Advisors and an IIM-Ahmedabad MBA; the manager also runs the Matterhorn Capital Trust.

Investment focus

Cat III AIF investing in Indian listed/public equities; long-term value investing in high-quality, scalable businesses with a contrarian, valuation-focused bias

SEBI registration

SEBI AIF Category III — reported as “Cat III

  • IN/AIF3/21-22/0912

SIDBI Fund of Funds

None found

Team & organisation

Small/boutique; led by founder & fund manager Parag Jhawar (ex-Steinberg India, ex-Pari Washington; IIM-A MBA). Exact investment-team headcount not disclosed.

LLP-managed Category III AIF. Investment manager is Knightstone Capital Management LLP, managing multiple Cat III AIF vehicles — Knightstone Capital LLP (IN/AIF3/21-22/0912) and Matterhorn Capital Trust (IN/AIF3/23-24/1323). Long-only public-equity, long-term value strategy.

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Frequently asked

What does Knightstone Capital LLP invest in?
Cat III AIF investing in Indian listed/public equities; long-term value investing in high-quality, scalable businesses with a contrarian, valuation-focused bias
How do I pitch Knightstone Capital LLP through iHub India?
Create a free startup account, open a funding round, and send a structured pitch from this profile. If the investor accepts, contact details are shared and the conversation moves into a tracked deal room.

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About this record

  • hedge (Cat III) — listed-equity / long-term value fund, not startup VC

Compiled from SEBI registrations and public sources as of 2026-07. iHub India lists investors neutrally and does not endorse, rank, or verify investment terms — confirm all details directly with the investor before transacting.

Sources: https://knightstonecap.com/; https://knightstonecap.com/regulatory/