
About DEVEN CHOKSEY
DEVEN CHOKSEY is a Financial Services company based in Andheri (India) founded in 1979. It offers research-based wealth management and advisory for investors and institutions. It operates on a B2B and B2C model in Financial Services and Technology sectors. The company has 26 employees. DEVEN CHOKSEY offers products and services including Research Services, Portfolio Management, Mutual Funds Advisory, and Investment Advisory. Its focus areas include Wealth Management, Investment Advisory, Portfolio Management and FinTech. Similar companies include UTI Mutual Fund, 360 One and Avendus; 2 of its 3 listed similar companies have raised funding.
Company details
Deven Choksey is a wealth management firm specializing in investment advisory and research for individual, institutional, and high-net-worth clients in India. With over 44 years of experience, it delivers portfolio management, mutual funds, and strategic investments through expert analysis and market insights. The team, led by experienced professionals, focuses on building wealth via customized solutions and strong capital market relationships.
- Headquarters Andheri, India
- Employees 26
- SectorsFinancial ServicesTechnology
- Website devenchoksey.com
- Social X Facebook
- Annual Revenue$1.63 M (USD)as on Mar 31, 2023
- Employee Count26
Associated legal entities of DEVEN CHOKSEY
DEVEN CHOKSEY is associated with 2 registered companies on The Company Check. Each company page carries the filings, financials, charges and directors of that entity.
| Legal entity | Status | Incorporated | Registered in | Revenue (FY 2025) | Employees | Directors | Company page |
|---|---|---|---|---|---|---|---|
| Drchoksey Securities Private Limited CIN U66190MH2024PTC429347 | Active | 24 Jul 2024 | Mumbai, Maharashtra | ₹0.1 Cr | 3 | View details | |
| Drchoksey Finserv Private Limited CIN U67100MH2020PTC352816 | Active | 31 Dec 2020 | Mumbai, Maharashtra | ₹19.2 Cr | 26 | 4 | View details |
Products & Services of DEVEN CHOKSEY
DEVEN CHOKSEY offers a comprehensive portfolio of products and services, including Research Services, Portfolio Management, Mutual Funds Advisory, and Investment Advisory.
Delivers market research for informed investment decisions.
Manages client portfolios with strategic asset allocation.
Provides guidance on mutual fund selections and investments.
Offers personalized advice for wealth building and risk management.
Board of directors of DEVEN CHOKSEY
The boards of the 2 registered companies of DEVEN CHOKSEY currently have 4 directors; the longest-serving is Ramesh Ratilal Choksey, appointed in 2023. 5 earlier directors have ceased.
| Director | Designation | Appointed | Tenure | Entity |
|---|---|---|---|---|
| Ramesh Ratilal Choksey DIN 00190761 | Director | 20 Jun 2023 | 3 yrs 4 mo | Drchoksey Finserv Private Limited |
| Het Deven Choksey DIN 07050596 | Director | 24 Jul 2024 | 2 yrs 3 mo | Drchoksey Securities Private Limited, Drchoksey Finserv Private Limited |
| Deven Ramesh Choksey DIN 00190970 | Director | 24 Jul 2024 | 2 yrs 3 mo | Drchoksey Securities Private Limited, Drchoksey Finserv Private Limited |
| Pitale Vaishali DIN 02077683 | Director | 24 Jul 2024 | 2 yrs 3 mo | Drchoksey Securities Private Limited, Drchoksey Finserv Private Limited |
Financials of DEVEN CHOKSEY
Figures of Drchoksey Securities Private Limited, the primary company behind DEVEN CHOKSEY, for FY 2025. Revenue was ₹10.8 Lakh. Net profit was ₹60,006 (6% margin). EBITDA was ₹80,050 (7% margin).
- ₹10.8 LakhRevenue · FY 2025
- ₹60,006Net profit · 6% margin
- ₹80,050EBITDA · 7% margin
- ₹1 LakhPaid-up capital
Balance sheet, profit and loss, cash flow and ratios of Drchoksey Securities Private Limited are on its company page.
Detailed financial statements for DEVEN CHOKSEY
Statement rows, ratios, five-year trends and downloadable financials of the group companies require an active premium plan.
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Similar companies to DEVEN CHOKSEY
DEVEN CHOKSEY has 3 listed similar companies in our database, 2 of them funded. They include UTI Mutual Fund, 360 One and Avendus.
| Company Name | Domain | Founded | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| utimf.com | 2001 | Mumbai, India | $142.4M | 1,468 | Mutual funds, portfolio management, and retirement planning services are offered. | |
| 360.one | 2008 | Mumbai, India | 65 | Asset and wealth management software is provided for businesses. | ||
| avendus.com | 1999 | Mumbai, India | $178.11M | 215 | Corporate advisory and investment services are provided to clients. |
Detailed similar companies of DEVEN CHOKSEY
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Web traffic of DEVEN CHOKSEY
The website of DEVEN CHOKSEY (devenchoksey.com) receives about 2.7K visits a month.
- Monthly visits2.7K
▼ 5.7% vs previous month
Top companies in Asset Management
3 companies that operate in the same segment as DEVEN CHOKSEY (Asset Management) in India, ranked by their profile score on The Company Check.
| Company | Description | Founded | Location | Total funding | Revenue | Employees |
|---|---|---|---|---|---|---|
Provides mutual funds management and financial advisory services. | 1987 | Mumbai, Maharashtra, India | ||||
Mutual funds, portfolio management, and retirement planning services are offered. | 2001 | Mumbai, Maharashtra, India | USD 142.4 M | USD 180.76 M | 1,840 | |
Online platform for stock trading, mutual funds, and investment tools. | 1994 | Mumbai, Maharashtra, India |
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Related news about Deven Choksey
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Frequently Asked Questions about DEVEN CHOKSEY
DEVEN CHOKSEY was founded in 1979.
DEVEN CHOKSEY is headquartered in Andheri, India. It is registered at Andheri, Maharashtra, India.
DEVEN CHOKSEY has 26 employees.
Annual revenue of DEVEN CHOKSEY is $1.63M as on Mar 31, 2023.
Deven Choksey is a wealth management firm specializing in investment advisory and research for individual, institutional, and high-net-worth clients in India. With over 44 years of experience, it delivers portfolio management, mutual funds, and strategic investments through expert analysis and market insights. The team, led by experienced professionals, focuses on building wealth via customized solutions and strong capital market relationships.
DEVEN CHOKSEY's top competitors include UTI Mutual Fund, Avendus and 360 One.
DEVEN CHOKSEY offers Research Services, Portfolio Management, Mutual Funds Advisory, and Investment Advisory.
DEVEN CHOKSEY is associated with 2 legal entities: Drchoksey Securities Private Limited, Drchoksey Finserv Private Limited.
The legal entities of DEVEN CHOKSEY currently have 4 directors, including Het Deven Choksey, Deven Ramesh Choksey, Pitale Vaishali and others.
