Established in 2008 and headquartered in Tehran, Iran, Novin Investment Bank Group serves a diverse clientele, including government entities, municipalities, listed companies, and SMEs. They specialize in services such as initial public offerings, mergers and acquisitions, restructuring, general corporate finance advisory, and brokerage. Novin Investment Bank Group has also introduced various financial services and products to the Iranian stock market, including private banking services, exchange-traded funds (ETFs), and sukuk (Islamic bonds). Additionally, they manage a significant portion of mutual funds in the Iranian stock market.