# VALUEQUEST INVESTMENT ADVISORS PRIVATE LTD

VALUEQUEST INVESTMENT ADVISORS PRIVATE LTD of MUMBAI is an SEC-registered investment adviser.

## Registration

- CRD: 331389
- Type: SEC-registered investment adviser
- SEC file number: 801-131909
- Location: KOHINOOR SQUARE BUSINESS PARK, B - 4101, 41ST FLOOR,NC KELKAR MARG, SHIVAJI PARK, DADAR (W), MUMBAI, 400028
- Phone: 022-69925500
- Latest filing: 2026-07-31
- Regulatory AUM: $2.2B
- Discretionary AUM: $2.2B
- Clients: 103
- Accounts: 1,892

## Business model

- Compensation: % of AUM, Performance
- Clients served: High net worth, Pooled vehicles, Investment cos

## Officers, owners & control persons (12)

| Name | Role | Location |
| --- | --- | --- |
| Ravindra Raichand Dharamshi | DIRECTOR AND CHIEF INVESTMENT OFFICER; DIRECTOR, SHAREHOLDER AND CHIEF INVESTMENT OFFICER | — |
| Hemang Raichand Dharamshi | SHAREHOLDER | — |
| Aniket Hemang Dharamshi | DIRECTOR AND SHAREHOLDER; SHAREHOLDER | — |
| Hiten Virchand Gala | CHIEF COMPLIANCE OFFICER; CHIEF COMPLIANCE OFFICER AND SHAREHOLDER | — |
| Chirag Chimanlal Shah | CHIEF OPERATING OFFICER AND CHIEF STRATEGY OFFICER; CHIEF STRATEGY OFFICER; CHIEF STRATEGY OFFICER AND SHAREHOLDER | — |
| Sameer Jyotindra Shah | DIRECTOR; DIRECTOR AND SHAREHOLDER | — |
| Deepak Ramachandra | CHIEF EXECUTIVE OFFICER | — |
| Kunal Jayant Chandawalla | CHIEF OPERATING OFFICER | — |
| Himanshoo Gajendra Bohara | CHIEF FINANCIAL OFFICER | — |
| Hemanti Gobindram Wadhwa | HEAD- LEGAL, COMPLIANCE AND SECRETARIAL | — |
| Chirag Manubhai Shah | INDEPENDENT DIRECTOR | — |
| Darius Dinshaw Pandole | INDEPENDENT DIRECTOR | — |


## Disclosures (33)

| Initiated | Type | Allegations | Status | Amount |
| --- | --- | --- | --- | --- |
| 2024-12-05 | regulatory | SEBI COMMUNICATED THAT VALUEQUEST HAD NOT ADHERED TO SEBI/IMD/CIR NO.1/70353/2006 DATED JUNE 28, 2006, THAT REQUIRED PORTFOLIO MANAGERS TO INCLUDE DISCLOSURES IN THEIR "DISCLOSURE DOCUMENTS" PERMITTING THEIR CLIENTS TO QUESTION THE PORTFOLIO MANAGER'S INVESTMENT DECISIONS ON THE GROUNDS OF MALAFIDE,… | Final | — |
| 2024-10-03 | regulatory | VALUEQUEST FAILED A) TO ENSURE ADHERENCE TO COMPLIANCE WITH 15% LIMIT FOR INVESTMENT FOR CLIENT'S FUND IN SECURITIES OF THIER OWN ASSOCIATES/RELATED PARTIES LEADING TO NON-ADHERENCE TO PROVISIONS OF REGULATION 24(3A) AND B) THAT THE VALUEQUEST BOARD OF DIRECTORS HAD FAILED TO REVIEW PERFORMANCE OF E… | Final | — |
| 2024-08-06 | regulatory | VALUEQUEST DID NOT DISCLOSE ITS PERFORMANCE NUMBERS PER THE SEBI PRESCRIBED TEMPLATE IN ITS "DISCLOSURE DOCUMENT" THUS RESULTING IN NON-COMPLIANCE WITH CLAUSE 4.5.1 OF THE SEBI (MASTER CIRCULAR) ON PORTFOLIO MANAGERS, DATED MARCH 20, 2023. | Final | — |


## Related pages

- Form ADV Part 2 brochure: https://search.stillhousedata.com/firm/331389/brochure
- Similar advisers: https://search.stillhousedata.com/firm/331389/similar
- Related entities: https://search.stillhousedata.com/firm/331389/related
- SEC IAPD (source of record): https://adviserinfo.sec.gov/firm/summary/331389

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Source: public SEC Form ADV data via Adviser Search (https://search.stillhousedata.com).
Agents: this data is also queryable via MCP tools and read-only SQL — see https://search.stillhousedata.com/llms.txt.
