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Research Driven Investment Approach
Badjate Stock & Shares Pvt. Ltd. is the parent company of the well known Badjate Group in the city of Nagpur. It has been a pioneer in the field of financial services for over five decades. Founded by Prof. Sir Shantilal Badjate in the year 1964 with a mere 10–12 investors, the company has become a choice of more than 8,000 clients across the country. Badjate Stock & Shares Pvt. Ltd. is a registered member of the NSE, BSE, MCX and CDSL. Currently spearheaded by Mr. Anuj Badjate, who has been in the business for over 25 years, the Badjate Group has grown from an organization of 3 employees to more than 450 employees today. Badjate Stock & Shares has its presence in various cities of Maharashtra, West Bengal, Gujarat and New Delhi through branches and business partners.
For investors who value their investments and want to create wealth over a period of time, Badjate Stock & Shares Pvt. Ltd. provides an impetus for enabling growth and capitalizing on opportunities by offering a range of financial services backed by solid research capabilities.
Mr. Anuj Badjate
FMManaging Director & Fund Manager
Mr. Anuj Badjate has been spearheading the Badjate Group for over 25 years, growing the organization from 3 employees to more than 450 today. Under his leadership, the firm has expanded to multiple states and launched its own PMS strategies — the Badjate Multicap Fund (2021) and the Badjate Growth Fund (2025). He is known for his painstaking fundamental research approach, client accessibility, and the culture of transparency he has built within the organization.
Mr. Mangesh Narnaware
FMVice-President of Research & Associate Fund Manager
Mr. Mangesh Narnaware serves as Vice-President of Research and Associate Fund Manager at Badjate Group. He plays a key role in driving the firm's research-backed investment approach, contributing to both equity research coverage and portfolio management for the firm's PMS strategies.
Late Shri. Shantilal Badjate
Founder Chairman
Prof. Sir Shantilal Badjate founded the Badjate Group in 1965. He was a pioneer in bringing equity investments to Central India, starting with just 10–12 investors in Nagpur. With deep expertise in analysing balance sheets, corporate results, and macroeconomic scenarios, he educated investors on wealth creation through stocks and introduced equity as a preferred investment avenue in the region. His dedication, honesty, and hard work laid the foundation for what has grown into one of Nagpur's most respected financial services groups.
Mr. Tushar Badjate
Director & Compliance Officer
Mr. Tushar Badjate serves as Director and Compliance Officer at Badjate Stock & Shares Pvt. Ltd. He is responsible for regulatory compliance and oversight across the firm's broking and PMS operations. He is an alumnus of IE Business School.
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Investments in securities markets are subject to market risks. Read all the related documents carefully before investing. Past performance is not indicative of future returns.
Mr. Kishor Joshi
Chief Accounting Officer
Mr. Kishor Joshi serves as Chief Accounting Officer at Badjate Stock & Shares Pvt. Ltd., overseeing the firm's financial and accounting operations.
Mr. Bhavin Patel
Research Analyst
Mr. Bhavin Patel is a Research Analyst in the Badjate PMS team, responsible for equity research and investment analysis supporting the firm's portfolio management strategies.
Mr. Suchit Thakre
Operations Executive
Mr. Suchit Thakre is an Operations Executive in the Badjate PMS team, handling client servicing and operational processes for the firm's portfolio management services.
Mr. Vineet Kashyap
Operations Executive
Mr. Vineet Kashyap is an Operations Executive in the Badjate PMS team, supporting the day-to-day operational functions of the portfolio management services division.
Mrs. Madhuri Thakur
Operations Executive
Mrs. Madhuri Thakur is an Operations Executive in the Badjate PMS team, responsible for client operations and back-office support within the portfolio management services business.