Our Story
Established in 1958 as a broker of the Bombay Stock Exchange (BSE) under trade name M/s Laxmichand C Shah (1958-1977), M/s Krishnakant L Shah (1977-1988), M/s V Krishnakant (1988-1996), and incorporated as Manashvi Securities Ltd (MSL) in 1996, today it is among the few SEBI registered legacy brokers in India. The active involvement of the three brothers – Vidhyut, Ashish, Manish – makes ManAshVi unique. MSL has grown from 5 clients to a sizeable client registration through a network of more than 100 sub-brokers/authorised persons based in Mumbai and Gujarat.
We’re proud members of the Bombay Stock Exchange (BSE), National Stock Exchange of India (NSE), and Central Depository Services (India) Ltd (CDSL), a testament to our commitment to upholding the highest standards of the financial industry.
We are dedicated to helping clients navigate the complexities of the market with confidence and clarity. Our tailored services, including Stockbroking, Demat services and Wealth Management, are designed to align with your financial goals, risk profile, and investment horizon. We leverage state-of-the-art technology and personalized, value-added services to provide you with innovative products and trading strategies. At Manashvi Securities, we’re not just your financial partners; we’re with you at every step—through market cycles, evolving goals, and new opportunities—ensuring your long-term success.
Given its long presence in the markets, the Company has witnessed massive transformation of India and the Indian capital markets across various bear and bull phases.
Manashvi is privileged to serve both existing and new clients by utilising the experiences of the past to make strong and informed investment decisions for the future.
Our Vision
The vision of Manashvi Securities Limited, a member of the National Stock Exchange (NSE) and Bombay Stock Exchange (BSE), is to provide high-quality, growth-oriented financial services to a wide spectrum of investors including individuals, corporates, NRIs, and financial institutions.
The company aims to empower clients to achieve their financial goals through innovative investment strategies, advanced trading technology, and personalized advisory services.
Manashvi Securities Limited envisions building long-term relationships with clients by maintaining high standards of transparency, ethical business practices, and customer-focused service. The firm strives to deliver reliable investment guidance supported by in-depth research, strong risk management, and efficient infrastructure to help clients make informed financial decisions and generate sustainable wealth.
The company’s vision also emphasizes continuous improvement, teamwork, and the use of modern technology to enhance service quality, expand market participation, and contribute to the overall development of the Indian capital markets.
Our Directors
Mr. Vidhyut Krishnakant Shah
Managing Director and Fund Manager – Manshavi
With over 30 years of experience in capital markets, Mr. Vidhyut is equipped with deep insights and knowledge to sail comfortably through extreme market conditions. He has a proven track record of market outperformance through various bear and bull markets over the last 30-year period. His optimism for India and for life in general is electrifying.
Mr. Ashish Krishnakant Shah
Managing Director(Finance) – Manshavi
Beginning in 1990, Mr. Ashish has been instrumental in financial management and planning of the company. Over the years, he has built strong relationships with various banks, regulatory authorities and institutions to ensure smooth functioning of the business. He has successfully driven Manashvi away from various hurdles on the way. His passion for business is growing and his energy is contagious.
Mr. Manish Krishnakant Shah
Managing Director (Administration & Risk) – Manshavi
Starting in early 90s, Mr. Manish displayed great skill and success as a trader during his initial years. The Ring, as it was called in the days of Floor Trading, he regularly traded with the stalwarts of Indian capital markets. In mid-90s, Manashvi also shifted gears to when markets moved online, giving Manish a chance to handle administration and risk management functions. He has a unique eye for identifying risk early.
