COMPANY OVERVIEW
Promoters
Haresh N Udeshi
Prabha N Udeshi
Directors
Haresh N Udeshi
Registered Office
18 Neel Ganga building
Road no 24 Bandra West
Mumbai 400050
Banking & Demat & Trading
Kotak Mahindra Bank Ltd
Kotak Securities Ltd
Chartered Accountant
Gautam D Shah & Company
Company Secretary
R S Rajpurohit & Company
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Investment strategies
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Insurance advisory
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Portfolio analysis
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Loans
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Demat & Trading a/c
ABOUT ASSET CARE ADVISORY PVT LTD
Asset Care Advisory Private Limited is an Investment & Services company. The company is primarily involved in investing for the long-term into equity shares and equity-related securities and provides distribution services for General & Life insurance products and loans to individuals and corporates as a direct sales agent of reputed financiers & lenders. Real Estate Investment & Portfolio Management services are limited to personal contacts only. The company's MSME registration number is UDYAM-MH-18-0425667
Asset Care Advisory Private Limited was incorporated by Late Mrs. Prabha Narottam Udeshi and Mr. Haresh N. Udeshi in the year 2005. We, have remained a closely held company from incorporation till date. From the year 2010 onwards, the company has made several investments into Listed Large Cap Equity
The original inspiration for launching Asset Care Advisory Private Limited was to set up Insurance Broking & Financial Services. For many years after its inception, the company acted as an insurance advisor with various Insurers and as a service provider with various Banks. From 2010 onwards, the insurance portfolio is being managed through the Directors individual agency code with Tata AIG General Insurance Company Limited
Asset Care Advisory Private Limited became a single ownership company in November, 2023 wherein Haresh N Udeshi holds 100 % of the paid-up capital
INVESTMENT PHILOSOPHY
Asset Care Advisory Private Limited ; a corporate body, invests in a diversified portfolio of quoted securities of companies, which are engaged in various businesses with a history of strong operating and financial performance. The investment approach is to achieve value and growth
ETHICS AND VALUES
We believe in honesty and transparency in all our actions towards stakeholders
CODE OF CONDUCT FOR NON-EXECUTIVE DIRECTORS
Non-Executive Directors of a company will always act in the interest of the company and ensure that any other business or personal association, which they may have, does not involve any conflict of interest with the operations of the company and their role therein
BUSINESS OPERATIONS
Asset Care Advisory is a Private, Unlisted, Non-government company and is Limited by shares. We, are registered with the Ministry of Corporate Affairs through CIN U67200MH2005PTC155128 and the incorporation date as 04/08/2005
The company’s activities comprises primarily of investing in long term investments in equity shares, property and new business ventures The major sources of income of the company consist of service fees, dividend and profit on sale of investments. Over the years, through a gradual and judicious portfolio management Asset Care Advisory Pvt Ltd has built up a portfolio of investments which had a book value of Rupees 26 lakh with an approximate market value of over Rs. 1 crore as at 31st March, 2020