India's Richest People 2026 edition · Source: Hurun India
Rank#1,750- Wealth
- ₹1,000 Cr
- Company
- Monarch Networth Capital
Current companies 10 active board seats
Past companies 8 historical roles
Total affiliations 18 Since Nov 1997
Shareholding value •••• Premium profile
About Vaibhav Shah
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Vaibhav Shah is a Managing Director at Monarch Networth Capital Limited (since 2014), Additional Director at Association Of National Exchanges Members Of India (since 2026) and Director at Monarch Networth Money Changers Private Limited (since 2019), and holds 7 more current directorships. The companies operate in Financial Services, Education & Learing and BFSI. The 3 current companies with reported revenue have a combined latest revenue of ₹334 Cr; the largest is Monarch Networth Capital Limited at ₹328 Cr (FY 2025). Earlier, Vaibhav Shah was an Additional Director at Ceon Solutions Private Limited (2010) and Director at Monarch Comtrade Private Limited (2003–2017) and 6 more.
Vaibhav Jayantilal Shah and family are #1,750 among India's richest people (2026), with wealth of ₹1,000 Cr.
DIN 00572666
Primary Designation Managing Director
Industry Financial Services
First Appointment 10 Nov 1997
Oldest Company Age 33 yrs
Largest company Monarch Networth Capital Limited · ₹328 Cr (FY 2025)
Combined revenue ₹334 Cr across 3 companies
Recognitions & Rankings
Current companies
| Company | Designation | Appointment | Founded | Revenue | Status |
|---|---|---|---|---|---|
 Monarch Networth Capital Limited L64990GJ1993PLC120014 | Managing Director | 01 Dec 2014 | 1993 | ₹328 Cr (FY 2025) | Active |
 Association Of National Exchanges Members Of India U67190MH1996NPL101555 | Additional Director | 01 Apr 2026 | 1996 | ₹5.75 Cr (FY 2023) | Active |
 Monarch Networth Money Changers Private Limited U65999GJ2019PTC109174 | Director | 18 Jul 2019 | 2019 | ₹4 Lakh (FY 2025) | Active |
| Monarch Capital Venture Private Limited U66309MH2026PTC471440 | Director | 13 May 2026 | 2026 | Active | |
| Talent Bridge Prosperity Foundation U88900GJ2026NPL173526 | Director | 13 Feb 2026 | 2026 | Active | |
| Monarch Networth Trustee Private Limited U66190MH2025PTC457977 | Individual Subscriber | 25 Sep 2025 | 2025 | Active | |
| Monarch Networth Asset Management Private Limited U66301MH2025PTC455601 | Managing Director | 28 Aug 2025 | 2025 | Active | |
| Monarch Foundation U86900GJ2024NPL156532 | Director | 22 Nov 2024 | 2024 | Active |
Previous companies
| Company | Designation | Appointment | Founded | Revenue | Status |
|---|---|---|---|---|---|
 Ceon Solutions Private Limited U27200GJ2004PTC051125 | Additional Director | 12 Feb 2010 | 2004 | Active | |
| Monarch Comtrade Private Limited U51909GJ2003PTC043038 | Director | 12 Oct 2003 | 2003 | ₹6.18 Cr (FY 2025) | Active |
| Premjayanti Enterprises Private Limited U51909GJ2004PTC043818 | Director | 20 Mar 2004 | 2004 | ₹1,567 Cr (FY 2024) | Active |
| Krone Finstock Private Limited U65993GJ2007PTC049803 | Director | 18 Jan 2007 | 2007 | ₹53.84 Cr (FY 2025) | Active |
 Vmukti Solutions Private Limited U72200GJ2007PTC051877 | Director | 12 Sep 2011 | 2007 | ₹120 Cr (FY 2025) | Active |
| Monarch Infraparks Private Limited U74140GJ2007PTC050014 | Director | 24 Feb 2007 | 2007 | ₹27.25 Cr (FY 2024) | Active |
| I-Zone Academy Private Limited U74140GJ2008PTC052786 | Director | 29 Sep 2012 | 2008 | Converted To Llp | |
| Monarch Project And Finmarkets Limited U67190MH1993PLC142282 | Director | 10 Nov 1997 | 1993 | Amalgamated |
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Board colleagues of Vaibhav Shah
Directorship timeline
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Monarch Networth Capital Limited
Monarch Networth Capital Ifsc Private Limited
Monarch Networth Money Changers Private Limited
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Shareholding and investment profile for Vaibhav Shah
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Frequently Asked Questions about Vaibhav Shah
Vaibhav Shah currently holds 10 directorships: Monarch Networth Capital Limited (Managing Director, since 01 Dec 2014, revenue ₹328 Cr (FY 2025)); Association Of National Exchanges Members Of India (Additional Director, since 01 Apr 2026, revenue ₹5.75 Cr (FY 2023)); Monarch Networth Money Changers Private Limited (Director, since 18 Jul 2019, revenue ₹4 Lakh (FY 2025)); Monarch Capital Venture Private Limited (Director, since 13 May 2026); Talent Bridge Prosperity Foundation (Director, since 13 Feb 2026); and 5 more.
Vaibhav Shah was first appointed on 10 Nov 1997 as Director at Monarch Project And Finmarkets Limited. The most recent appointment on record is 13 May 2026 at Monarch Capital Venture Private Limited.
The 3 current companies of Vaibhav Shah that report revenue have a combined latest revenue of ₹334 Cr: Monarch Networth Capital Limited ₹328 Cr (FY 2025); Association Of National Exchanges Members Of India ₹5.75 Cr (FY 2023); Monarch Networth Money Changers Private Limited ₹4 Lakh (FY 2025).
Vaibhav Shah held 8 earlier board appointments: Ceon Solutions Private Limited (Additional Director, 12 Feb 2010 to 30 Sep 2010); Monarch Comtrade Private Limited (Director, 12 Oct 2003 to 20 Jul 2017); Premjayanti Enterprises Private Limited (Director, 20 Mar 2004 to 19 Jun 2017); Krone Finstock Private Limited (Director, 18 Jan 2007 to 21 Oct 2015); Vmukti Solutions Private Limited (Director, 12 Sep 2011 to 02 May 2013); and 3 more.
The current boards of Vaibhav Shah's companies include Anish Sugathan (Monarch Networth Capital Limited), Ashok Daulatraj Bafna (Monarch Networth Capital Limited), Avni Chouhan (Monarch Networth Capital Limited), Gaurav Bhandari (Monarch Networth Capital Limited), Govinda Meghani (Monarch Networth Capital Limited), Manju Suresh Bafna (Monarch Networth Capital Limited), among others.