About GrowFast
A family investing practice, since 1955.
Growfast Securities & Credit Private Limited was established in 1995 and became a Non-Banking Financial Company in March 1998. It deals in the equity of unlisted, unquoted, delisted and illiquid companies, and it invests for the long term.
1955
The family practice begins as A.N. Aggarwal & Co.
1995
Growfast Securities & Credit is established
1998
Registered as a Non-Banking Financial Company
Clients and investors served, by the firm's own count
The story
Three generations in one market.
The firm's history names Shriram Transport Finance, ISGEC, Jubilant, Abbott and Finolex Industries among the businesses its founder backed early.
- Shriram Transport Finance
- ISGEC
- Jubilant
- Abbott
- Finolex Industries
- 1955
The story starts with Shri Amar Nath Aggarwal, who began investing professionally in 1955 as A.N. Aggarwal & Co. He looked past a company's public image to its business, and cared most about the people running it.
- 1995
In 1995 he founded Growfast Securities & Credit Private Limited, which became a Non-Banking Financial Company in March 1998. The firm deals in the equity of unlisted, unquoted, delisted and illiquid companies and invests for the long term.
- 2005
The legacy is carried forward under his son, Shri Rajendra Kumar, a Chartered Accountant. In 2005 the third generation of the family joined as directors.
“He invested in people, not material.”
The people
The family that runs the desk.
Shri Rajendra Kumar
Chartered Accountant
The firm describes him as its sole visionary: a Chartered Accountant who practised for nearly 44 years and led the company through its transition.
Mr. Aditya Aggarwal
Director, Operations & Marketing
Graduate in Business and Management Studies from the University of Bradford, with a Bachelor of Commerce from Delhi University.
Mr. Divyanshu Aggarwal
Director
Chartered Accountant (2006). Looks after client relations, compliance and negotiations.
Mr. Ripunjay Aggarwal
Director, Finance & Operations
Graduate in Business and Management Studies from the University of Bradford. Oversees finance and back-end operations.
Investment principles
Six rules the firm invests by.
Client first
The firm's progress follows its clients'. As they grow, it grows.
Long-term perspective
Money is put to work for the long run, which is why research on a business comes first.
Core intrinsic value
It looks for businesses whose fair value is well above their market price.
Fundamental approach
Operations and management are examined to find what a business is really worth.
Cost-effective
Returns may not be guaranteed in any case, but costs are within control.
Holistic growth
Diversify only as far as needed to dilute risk; risk management comes first.
What the firm does
- Unlisted & unquoted shares
- Pre-IPO shares
- ESOP encashment
- Investment research
- Private equity
- Block deals
The stocks on the price list today, with an indicative price wherever one is available.
See the price list