Our Vision:
“To become the most trusted financial intermediary in India”
Our Mission:
“To reach appropriate financial products, services, and solutions to every Indian entity”
MANAGEMENT TEAM
Mr. Asit C. Mehta, Group Chairman
Mr. Asit C. Mehta is a Seasoned Capital Market Professional.He is a qualified Chartered Accountant (1984) and holds a Post Graduate Diploma in Securities Law from Government Law College, Mumbai (2004-05).
He also attended Management Development Programs on Financial Services (1989) and Portfolio Management (1990) by Indian Institute of Management, Ahmedabad.He also completed The Securities Clearance-Derivative Instruments Program conducted by New York Institute of Finance in 1993. He has also completed in 2010 the 14-Module Drucker Curriculum from Drucker Institute of Claremont Graduate University offered by Prism Center of Learning.
He started his career in the corporate finance markets in the year 1983 by associating with leading Government Security brokers of those times. He concentrated on Corporate Debt comprising of ICDs, Bill Discounting, Syndication of Loans, Issue of commercial papers, Short-term debentures, Lease and Hire Purchase, Issue Marketing etc. He was among the initial participants in the Units 1964 and other innovative financial instruments
Currently he is heading the Investment Banking and Strategic advisory for Small and Medium Enterprises. Besides fund raising he also assists the company management in areas of Marketing, compliance, finance and human resources. He has been counselling a number of Business leaders in unlocking enterprise potential through various financial engineering methods like strategic partnerships, mergers, exits etc.
Mr. Mehta has a passion for technology, being amongst the first few internet users in the country. He was associated in creating systems and operating of Global Custodian for the OTC exchange, this was a first such initiative in India. He has been associated in creating systems for various document management assignments for leading US companies. He has played a major role in computerization of various systems at all group companies of Asit C Mehta, which include Broking in equities, commodities and Currency derivatives. Digital Gold and silver and various wealth management products like Mutual Funds, PMS, Investment Baskets, IPO etc. . His background of systems, workflow, process automation, IT, finance, investment banking and management lends him unique insights into risks and opportunities that enterprises need to address.
He continues to be a key management person and Board member of all his group companies offering diverse financial and advisory services to their customers.
Mrs. Deena Mehta, Managing Director, ACMIIL
Mrs. Deena Mehta Is a Financial markets profession for about 4 decades. She is a Chartered Accountant, Master's in Management Studies (Finance) and Fellow Member of Securities and Investment Institute London. She is the promoter of Asit C Mehta group of companies. She is on the Board of Reliance Asset Reconstruction Company Limited, Fino Payments Bank Limited as Independent Director. She is on Advisory Board of Several education institutions such as SVKM (NMIMS), Indian Education Society (IES) and MIT Pune.
Mrs. Mehta has been former President of Stock Exchange Mumbai and has the honour of being the first woman Director on Board of BSE as well as first woman President. She has served on the Board of National Payments Corporation of India (NPCI) for 6 years during the initial formative years as Chairperson of Audit Committee and members of Risk, strategy and various other committees.
Mrs.Mehta is the promoter director of Central Depository Services Ltd. BOI Shareholding the Clearing House of BSE Ltd for several years. She is also founder member of South Asian Federation of exchanges, the association of stock exchanges of SAARC countries. She has been an invitee to International Securities Regulators Organization, and member of Index Committee and Advisory Committee on Mutual Funds of Stock Exchange, Mumbai and a member of SEBI Committees such as Review of Eligibility (CORE) norms of SEBI, Derivative Committee, Delisting Committee, Ethics Committee and Investor Education.
Mrs. Mehta has travelled over 450 districts of India and conducted over 1000 investor education programs in these districts. Mrs. Mehta has been awarded by several organizations for her pioneering work in stock exchange reforms. She has published several articles in financial and other leading newspapers in various languages on investor education and current issues affecting stock markets and investor protection.
Mr. Kirit Vora, Group Director
Mr. Kirit Vora is a Chartered Accountant and Diploma holder in Securities Law from the Government Law College, Mumbai. He is associated with the Nucleus Group for the past 30 years. He has been in the financial services for more than 36 years. In his initial 5 years for the Nucleus Group, he was focused on setting up the institutional equity desk with empanelment, research, and dealing teams. Over the years, he has worked on various products, services, channels, and functions. As part of the top management team, he is responsible for overseeing diverse functions. Prior to joining the Nucleus Group, he was self-employed as management consultant for two years. At the start of his career, he worked with Larsen and Toubro Ltd in project finance activities.
CREDITS THAT WE ARE PROUD OF
- The first share broker in India to convert from a proprietary model of business to a company model to bring professionalism & quality of service to our customers.
- The first to utilize ‘franchisee business model’ for Associates.
- The first proprietary broker to convert as a limited liability company on the Bombay Stock Exchange (BSE).
- One of the first multiple seat holders in multiple exchanges so that our customers always get everything under one roof.
- One of the first users to adopt the VSAT technology of network so that our customers always get the fastest information first.
- The first to achieve the ISO quality certification for business processes from SGS. Currently, we are ISO 9001:2008 certified company.
- The company’s Managing Director, Mrs. Deena A. Mehta was the first woman elected to the governing board of the BSE and the first and only woman to be the President of BSE (Before Corporatization).
RESEARCH EXPERTISE
ACMIIL has more than 25 years of rich experience in providing the highest levels of research to institutional and retail clients. From sectoral recommendations to economic outlook, short, medium to long-term perspective, our research desk is constantly involved in providing the best investment ideas to our customers. Our team of highly trained professional research analysts leaves no stone unturned in providing our customers with profitable investment ideas. We also provide product research and advisory services for financial planning, asset allocation, mutual funds, industry experts’ opinions, and complete investment advisory services through www.investmentz.com.
OUR GROUP COMPANIES
The Asit C. Mehta Group of Companies includes the following companies:
ASIT C. MEHTA FINANCIAL SERVICES LTD
Asit C. Mehta Financial Services Limited started operations in the early 90s. The company is in the business of providing advisory and consultancy services on fund mobilization and restructuring of companies, and derives revenue from renting properties. The company is listed on BSE Ltd. (BSE)
PENTATION ANALYTICS
Pentation Analytics, an InsurTech company, provides state-of-the art analytics applications for the Insurance Industry. It also offers cutting-edge analytics to banking, financial services, capital markets, and the payments sector. Established in 2015, the zeal for innovation in analytics has given it the opportunity to work with some of the best players in the BFSI space.
NUCLEUS ITES
A Mumbai-based Business Processing Outsourcing/IT Enabled Services provider, the company is focused on providing end-to-end digital solutions to manage data dependent processes that help clients across the healthcare, pharmaceuticals, BFSI, retail, and telecom industries. It enables them to overcome business challenges and help them manage information at the click of a button. Solutions ranging from data entry, process outsourcing, to application development, are all included in their vast portfolio. It also offers NPA recovery services to Asset Reconstruction Companies,Banks, NBFCs, Fintech companies.
