India's Richest People 2026 edition · Source: Hurun India
Rank#1,028- Wealth
- ₹2,600 Cr
- Company
- Ashapura Minechem
Current companies 22 active board seats
Past companies 18 historical roles
Total affiliations 40 Since Feb 1982
Shareholding value •••• Premium profile
About Chetan Navnitlal Shah
Data last updated:
Chetan Navnitlal Shah is a Director at Ashapura Minechem Ltd (since 1982), Director at Ashapura Perfoclay Limited (since 2020) and Designated Partner at Minotech Resources Llp (since 2018), and holds 19 more current directorships. The companies operate in Metals and Minerals, Chemicals and Materials and Transport and Logistics. The 14 current companies with reported revenue have a combined latest revenue of ₹3,307 Cr; the largest is Ashapura Minechem Ltd at ₹2,814 Cr (FY 2025). Earlier, Chetan Navnitlal Shah was a Director at Ashapura International Limited (1989–2025) and Director at Bombay Minerals Limited (2009–2025) and 16 more.
Chetan Navnitlal Shah and family are #1,028 among India's richest people (2026), with wealth of ₹2,600 Cr.
DIN 00018960
Primary Designation Director
Industry Metals and Minerals
First Appointment 19 Feb 1982
Oldest Company Age 44 yrs
Largest company Ashapura Minechem Ltd · ₹2,814 Cr (FY 2025)
Combined revenue ₹3,307 Cr across 14 companies
Recognitions & Rankings
Current companies
| Company | Designation | Appointment | Founded | Revenue | Status |
|---|---|---|---|---|---|
 Ashapura Minechem Ltd L14108MH1982PLC026396 | Director | 19 Feb 1982 | 1982 | ₹2,814 Cr (FY 2025) | Active |
 Ashapura Perfoclay Limited U14108MH1997PLC107300 | Director | 10 Jul 2020 | 1997 | ₹433 Cr (FY 2025) | Active |
 Minotech Resources Llp AAN-0819 | Designated Partner | 02 Aug 2018 | 2018 | ₹37.88 Cr (FY 2023) | Active |
| Manico Minerals International Private Limited U14200GJ2010PTC059637 | Director | 18 Feb 2010 | 2010 | ₹9.54 Cr (FY 2024) | Active |
| Manico Resources Private Limited U14102MH1993PTC072589 | Director | 10 Apr 1995 | 1993 | ₹6.16 Cr (FY 2025) | Active |
 Ashapura Arcadia Logistic Private Limited U63032GJ2006PTC049157 | Director | 02 Nov 2009 | 2006 | ₹2.13 Cr (FY 2025) | Active |
| Ashapura Resources Private Limited U14200MH2013PTC242002 | Director | 30 Nov 2017 | 2013 | ₹1.25 Cr (FY 2022) | Active |
| Ashapura Claytech Limited U26939MH1995PLC090484 | Director | 02 Nov 2009 | 1995 | ₹84.2 Lakh (FY 2025) | Active |
Previous companies
| Company | Designation | Appointment | Founded | Revenue | Status |
|---|---|---|---|---|---|
| Ashapura International Limited U14108MH1989PLC054664 | Director | 18 Dec 1989 | 1989 | ₹630 Cr (FY 2025) | Active |
| Bombay Minerals Limited U14100GJ1953PLC000699 | Director | 02 Nov 2009 | 1953 | ₹38.80 Cr (FY 2025) | Active |
| Ashapura Overseas Private Limited U66309MH2014PTC253117 | Director | 11 Feb 2014 | 2014 | ₹8.63 Cr (FY 2024) | Active |
| Ashapura Exports Private Limited U51909MH2001PTC132060 | Director | 22 May 2001 | 2001 | ₹20.1 Lakh (FY 2025) | Active |
| Axis Logistics ( India ) Private Limited U63011MH2006PTC163719 | Director | 10 Aug 2006 | 2006 | ₹1.81 Cr (FY 2025) | Active |
| Ambica Logistics Private Limited U63000MH2008PTC187703 | Director | 21 Oct 2008 | 2008 | ₹48.84 Cr (FY 2024) | Active |
| Ashapura Shipping Private Limited U61100MH1991PTC059827 | Director | 16 Jan 1991 | 1991 | ₹71.1 Lakh (FY 2025) | Active |
| Penisula Property Developers Private Limited U45202MH1997PTC109395 | Director | 30 Oct 1998 | 1997 | ₹7.8 Lakh (FY 2025) | Active |
| Ashapura Volclay Chemicals Private Limited U24100MH2004PTC145912 | Director | 02 Nov 2009 | 2004 | Strike Off | |
| Asim Resources Limited U26999MH2008PLC180875 | Director | 07 Apr 2008 | 2008 | Strike Off |
Explore Director's current and past company associations Uncover their professional journey today!
Board colleagues of Chetan Navnitlal Shah
Directorship timeline
Open interactive timeline →Minotech Resources Llp
Ashapura Infraport Llp
Arana Designs Solutions Llp
Manico Resources Private Limited
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Shareholding and investment profile for Chetan Navnitlal Shah
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Frequently Asked Questions about Chetan Navnitlal Shah
Chetan Navnitlal Shah currently holds 22 directorships: Ashapura Minechem Ltd (Director, since 19 Feb 1982, revenue ₹2,814 Cr (FY 2025)); Ashapura Perfoclay Limited (Director, since 10 Jul 2020, revenue ₹433 Cr (FY 2025)); Minotech Resources Llp (Designated Partner, since 02 Aug 2018, revenue ₹37.88 Cr (FY 2023)); Manico Minerals International Private Limited (Director, since 18 Feb 2010, revenue ₹9.54 Cr (FY 2024)); Manico Resources Private Limited (Director, since 10 Apr 1995, revenue ₹6.16 Cr (FY 2025)); and 17 more.
Chetan Navnitlal Shah was first appointed on 19 Feb 1982 as Director at Ashapura Minechem Ltd. The most recent appointment on record is 04 Sep 2024 at Aq Minerals Private Limited.
The 14 current companies of Chetan Navnitlal Shah that report revenue have a combined latest revenue of ₹3,307 Cr: Ashapura Minechem Ltd ₹2,814 Cr (FY 2025); Ashapura Perfoclay Limited ₹433 Cr (FY 2025); Minotech Resources Llp ₹37.88 Cr (FY 2023); Manico Minerals International Private Limited ₹9.54 Cr (FY 2024); Manico Resources Private Limited ₹6.16 Cr (FY 2025); and 9 more.
Chetan Navnitlal Shah held 18 earlier board appointments: Ashapura International Limited (Director, 18 Dec 1989 to 12 Aug 2025); Bombay Minerals Limited (Director, 02 Nov 2009 to 13 Feb 2025); Ashapura Overseas Private Limited (Director, 11 Feb 2014 to 23 Jan 2025); Ashapura Exports Private Limited (Director, 22 May 2001 to 23 Jan 2025); Axis Logistics ( India ) Private Limited (Director, 10 Aug 2006 to 07 May 2009); and 13 more.
The current boards of Chetan Navnitlal Shah's companies include Ashish Sureshchandra Desai (Ashapura Minechem Ltd), Dipak Kirchandbhai Vora (Ashapura Minechem Ltd), Hemul Ramesh Shah (Ashapura Minechem Ltd), Hemul Ramesh Shah (Ashapura Minechem Ltd), Himani Chetan Shah (Ashapura Minechem Ltd), Jagdish Bhoja Shetty (Ashapura Minechem Ltd), among others.