Our Founders

With over two and half decades of experience in capital markets, Ajay Padval has been witness to several market cycles and all the high-lows of the modern market history post mid-1990s and therefore has seen most business cycles post the 1990s.

Armed with Masters in Commerce (M COM) and professional degrees like Chartered Accountancy (CA) as well as a Cost Accountancy (ICWA) and also Management Degree (MBA), Ajay Padval is a keen observer of global and domestic equity market trends.

Of the total over 25 years of work-ex, he has over 12-years of ‘ buy side ’ experience and has served in large financial corporation (IL&FS) in India.

Till Feb-2019, Ajay Padval was the fund manager with IL&FS with a corpus size of Rs 1,500-1,800 crore. In his last assignment as a fund manager, he has also managed Index derivatives. His previous assignment was that of a Fund Manager & Head of Portfolio Management with K R Choksey Shares and Securities Pvt. Ltd. - a marquee equity advisory firm in India.

He brings a rich experience to the firm, with a total fund management experience of over 20 years.

A Chartered Accountant (CA), Sejal Doshi has over two decades of experience in Equity Markets, Fundamental Equity Research and Fund Management. He has a unique blend of expertise on both sell-side and buy-side equity research. He has active Fund Management experience managing around of $100 mn worth of equity corpus at IL&FS Group.

Over the last 10 years, Sejal Doshi was an integral part of Investment Team as Head of Equity Research of the IL&FS Group, managing around $100 mn worth corpus.

His role at IL&FS was much wider than managing the Investments of the firm. He was instrumental for various Mergers & Acquisitions deal within the Group. He gained immense knowledge and expertise in the Investment Banking activity of the Group along with managing Equity & Derivatives Book of the IL&FS Group.

On the sell-side, he has served with various reputed Institutional and HNI Broking firms like India Infoline, Tower Capital, ICICI Securities, Angel Broking, etc. He was one of the Rated Analyst in the Asia Money Brokers Poll for in-depth research in Banking & Financial Sector. In addition to Financial Sector, he has experience for in-depth Analysis of sectors like Textiles, Auto, Information Technology and Infrastructure & Capital Goods. He also has reputation for identifying Hidden Gems within the Mid-Caps & Small-Caps segment.