{"url":"https://nivawealth.com/firms/valuequest-investment-advisors-private-331389","iapdUrl":"https://adviserinfo.sec.gov/firm/summary/331389","regulatoryAum":2201221019,"crd":"331389","adviserRoster":{"asOf":"2026-10-09","items":[{"crd":"8013892","suffix":"Mr.","lastName":"Dharamshi","firstName":"Ravindra","middleName":"Raichand"},{"crd":"8025372","suffix":"Mr.","lastName":"Shah","firstName":"Sameer","middleName":"Jyotindra"}],"total":2,"loadedAt":"2026-10-10T00:20:19.761928+00:00","sourceUrl":"https://reports.adviserinfo.sec.gov/reports/CompilationReports/IA_INDVL_Feed_10_09_2026.xml.zip"},"history":[{"filedOn":"2025-06-27","regulatoryAum":2436457591,"clients":2123,"employees":105,"offices":2},{"filedOn":"2026-07-31","regulatoryAum":2201221019,"clients":1892,"employees":103,"offices":2}],"secFileNumber":"801-131909","legalName":"Valuequest Investment Advisors Private LTD","displayName":"ValueQuest Investment Advisors Private","slug":"valuequest-investment-advisors-private-331389","website":"https://valuequest.in/","logo":{"src":"https://rmkhnxnbeclogprvkfyl.supabase.co/storage/v1/object/public/firm-logos/331389/1b4a73b9bde0044b-r1.webp","tone":"dark","width":1102,"height":200,"sourceUrl":"https://www.valuequest.in","sourceLabel":"Valuequest Investment Advisors Private LTD, website"},"classification":{"segment":"institutions","segmentLabel":"Institutional","type":"institutional_asset_manager","typeLabel":"Asset manager","feeDisclosure":"payment_only"},"linkedinUrl":"https://www.linkedin.com/company/valuequest-investment-advisors/","founded":null,"organization":"other (specify) organized in India","fiscalYearEnd":"March","headquarters":{"street":"Kohinoor Square Business Park, B - 4101, 41st Floor,nc Kelkar Marg, Shivaji Park, Dadar (W)","city":"Mumbai","state":"","stateName":"","country":"India","postalCode":"400028"},"tradeNames":[],"registration":{"secApproved":"10 February 2025","noticeFilings":null,"latestNoticeFiling":null},"wealthAumPerClient":258332.44735344336,"staff":{"employees":103,"advisory":18,"brokerDealerReps":0,"insuranceAgents":0,"promoters":234},"aum":{"regulatory":2201221019,"discretionary":2201221019,"discretionaryAccounts":1892,"nonDiscretionary":0,"nonDiscretionaryAccounts":0,"wrapProgram":null,"nonUsClientsPct":98,"nonAumClients":6},"clientTypes":[{"label":"Individuals (other than HNW)","clients":1757,"regulatoryAum":453890110},{"label":"Pooled investment vehicles","clients":5,"regulatoryAum":420650471},{"label":"Sovereign wealth funds and foreign official institutions","clients":1,"fewerThan5":true,"regulatoryAum":1149169999},{"label":"Corporations and other businesses","clients":129,"regulatoryAum":177510439}],"feePrograms":[],"brochureCoverage":{"scope":"known_documents","status":"not_processed","checkedAt":null,"documents":[]},"custodians":[{"name":"Icici Bank LTD.","shortName":"Icici Bank","location":"Mumbai","smaAssets":368308051},{"name":"Kotak Mahindra Bank LTD.","shortName":"Kotak Mahindra Bank","location":"Mumbai, Maharashtra","smaAssets":211876832},{"name":"Citi Bank N.A.","shortName":"Citi Bank N.A.","location":"Mumbai, Maharashtra","smaAssets":1149169999}],"custodyNote":"ValueQuest Investment Advisors Private does not have custody of client assets.","otherCustodians":[],"leadership":[{"name":"Deepak Ramachandra","title":"Chief Executive Officer","crd":"8122557"},{"name":"Himanshoo Bohara","title":"Chief Financial Officer","crd":"8184870"},{"name":"Kunal Chandawalla","title":"Chief Operating Officer","crd":"8148907"},{"name":"Hiten Gala","title":"Chief Compliance Officer and Shareholder","crd":"8013926"},{"name":"Ravindra Dharamshi","title":"Director, Shareholder and Chief Investment Officer","crd":"8013892"},{"name":"Aniket Dharamshi","title":"Director and Shareholder","crd":"8013907"},{"name":"Darius Pandole","title":"Independent Director","crd":"6029675"},{"name":"Sameer Shah","title":"Director and Shareholder","crd":"8025372"},{"name":"Chirag Shah","title":"Chief Strategy Officer and Shareholder","crd":"8013929"},{"name":"Chirag Shah","title":"Independent Director","crd":"8226016"},{"name":"Hemanti Wadhwa","title":"Head- Legal, Compliance and Secretarial","crd":"8214971"},{"name":"Hemang Dharamshi","title":"Shareholder","crd":"8013901"}],"ownership":[{"label":"Ravindra Dharamshi","detail":"Director, shareholder and chief investment officer in the 50% to 75% ownership band and a control person, since February 2010."},{"label":"Hemang Dharamshi","detail":"Shareholder in the 10% to 25% ownership band, since February 2010."},{"label":"Aniket Dharamshi","detail":"Director and shareholder in the 5% to 10% ownership band, since March 2020."},{"label":"Sameer Shah","detail":"Director and shareholder in the 5% to 10% ownership band and a control person, since February 2010."}],"branchOffices":null,"filedOffices":{"otherThanPrincipal":1,"privateResidences":0},"listedOfficeAddresses":2,"foreignOffices":[{"city":"GANDHINAGAR, GUJARAT","country":"India","postalCode":"382050","street":"UNIT B-107, NILA SPACES","display":{"city":"GANDHINAGAR, GUJARAT","region":null,"postalCode":"382050","ruleVersion":"office-display-1"}}],"officesByState":[],"advFacts":{"source":{"file":"ia100226.zip","asOf":"2 October 2026"},"telephone":"02269925500","stateRegisteredReps":0,"otherAdviserReps":0,"compensation":["A percentage of assets under management","Performance-based fees"],"activities":["Portfolio management for individuals and/or small businesses","Portfolio management for pooled investment vehicles (other than investment companies)","Portfolio management for businesses (other than small businesses) or institutional clients"],"financialPlanningClients":null,"assetMix":[{"label":"Exchange-traded equity securities","percent":98},{"label":"Cash and cash equivalents","percent":2}],"privateFunds":2},"sources":{"adv1FilingDate":"31 July 2026","adv1Url":"https://reports.adviserinfo.sec.gov/reports/ADV/331389/PDF/331389.pdf","brochureDate":null,"brochureUrl":null,"iapdCompiledDate":null,"retrievedDate":"15 October 2026","retrievedOn":"2026-10-15","updatedOn":"2026-10-21","holdingsUpdatedOn":"2026-10-21","adv1Pages":{},"brochurePages":{}},"otherBusiness":[],"faq":[{"question":"How many clients does ValueQuest Investment Advisors Private have?","answer":"ValueQuest Investment Advisors Private has 1,892 clients and manages $2.2 billion for them, as of July 2026. They include 1,757 individuals, 129 corporations and other businesses, and 5 pooled investment vehicles.","source":"Form ADV Part 1A, Items 5.D and 5.F, filed 31 July 2026","sourceRef":{"doc":"adv1","section":"employees"}},{"question":"What services does ValueQuest Investment Advisors Private offer?","answer":"ValueQuest Investment Advisors Private provides portfolio management for individuals and small businesses, portfolio management for pooled vehicles, and portfolio management for institutions.","source":"Form ADV Part 1A, Item 5.G, from the SEC's 2 October 2026 data file","sourceRef":{"doc":"adv1","section":"employees"}},{"question":"Which custodians does ValueQuest Investment Advisors Private use?","answer":"ValueQuest Investment Advisors Private’s separately managed account assets are held at Citi Bank N.A. (Mumbai, Maharashtra), with $1.15B, Icici Bank LTD. (Mumbai), with $368M and Kotak Mahindra Bank LTD. (Mumbai, Maharashtra), with $212M. Only custodians holding at least a tenth of those assets are named.","source":"Form ADV Part 1A, Schedule D, Section 5.K.(3), filed 31 July 2026","sourceRef":{"doc":"adv1","section":"custodians"}},{"question":"How many financial advisors does ValueQuest Investment Advisors Private have?","answer":"ValueQuest Investment Advisors Private has 0 investment adviser representatives registered with state securities authorities, out of 103 employees, and 18 perform investment advisory functions. None are registered representatives of a broker-dealer or licensed insurance agents.","source":"Form ADV Part 1A, Items 5.A and 5.B, from the SEC's 2 October 2026 data file","sourceRef":{"doc":"adv1","section":"employees"}},{"question":"What does ValueQuest Investment Advisors Private invest in?","answer":"At the end of its last fiscal year, ValueQuest Investment Advisors Private’s separately managed accounts held 98% exchange-traded equities and 2% cash and equivalents. It advises 2 private funds.","source":"Form ADV Part 1A, Items 5.K.(1) and 7.B, from the SEC's 2 October 2026 data file","sourceRef":{"doc":"adv1","section":"employees"}},{"question":"Who owns ValueQuest Investment Advisors Private?","answer":"ValueQuest Investment Advisors Private’s direct owners are Ravindra Dharamshi (50% to 75%), Hemang Dharamshi (10% to 25%), Aniket Dharamshi (5% to 10%) and Sameer Shah (5% to 10%).","source":"Form ADV Part 1A, Schedules A and B, filed 31 July 2026","sourceRef":{"doc":"adv1","section":"scheduleA"}},{"question":"How does ValueQuest Investment Advisors Private get paid?","answer":"ValueQuest Investment Advisors Private is paid through a percentage of assets under management and performance-based fees. Its Form ADV lists no commissions among how it is paid.","source":"Form ADV Part 1A, Item 5.E, from the SEC's 2 October 2026 data file","sourceRef":{"doc":"adv1","section":"employees"}},{"question":"How do I contact ValueQuest Investment Advisors Private?","answer":"ValueQuest Investment Advisors Private’s main office is at Kohinoor Square Business Park, B - 4101, 41st Floor,nc Kelkar Marg, Shivaji Park, Dadar (W), Mumbai, India 400028. Its phone number is 02269925500. Its website is valuequest.in.","source":"Form ADV Part 1A, Item 1.F, filed 31 July 2026","sourceRef":{"doc":"adv1","section":"offices"}}],"holdings":null,"notice":"Compiled from public SEC Form ADV filings on the dates in `sources`. Facts as filed; not a rating, ranking, or recommendation. Niva is not affiliated with this firm. Disciplinary history is deliberately not included here or on the page; the SEC publishes the complete record at the `iapdUrl` above."}