Pararthya
[Noun]
Altruism; Selfless concern for well-being of others.
​
Our name represents our philosophy of doing what is right for the client above our interests.
Pararthya Capital provides Investment Advisory Services with a difference. The central idea of Pararthya Capital is to provide unbiased and well-researched equity investment advice at reasonable prices. Scroll down to know more.
​
Why Pararthya?
Mutual Funds and PMS are the two most preferred vehicles for equity investments. However each has their own positives and shortcomings. Pararthya combines the best features of both to give a truly attractive offering.
​
As your equity investment advisors, we offer unbiased and well researched stock ideas to build your investment portfolio in order to generate superior returns.
​
We have applied for SEBI registered investment advisor license. We are neither brokers not associated with stock market intermediaries. Hence we are in a unique position to offer completely unbiased stock investment advice.
​
We only offer well researched investment advice. Your money stays with you in your account. The investment calls given by us need to executed in your own trading and demat account. You are always in-charge.
Investment Philosophy
Business Valuation
Our primary criterion for filtering investment ideas worth considering. Reasonable valuations based on cash flows is the first hurdle any stock needs to cross.
Quality of Business
Operating and capital efficiency analyzed through understanding business model, sector value chain, competition and rigorous qualitative and quantitative analysis.
Quality of Management
Assessment done with an understanding of culture of promoter driven businesses in India as opposed to applying western models of corporate governance.
Portfolio Construct
Top 2000 Indian listed companies based on market capitalization
Filtered down based on subjective evaluation of size, sector and corporate governance
Universe of 500 companies
Selection on the basis of growth, valuations, quality of business & management
Portfolio of 15-20 stocks
The entire investing universe has been filtered down to 500 stocks based on subjective evaluation of size, sector and corporate governance of top 2,000 Indian listed companies based on market capitalization. These stocks are then further screened for growth potential, valuations, quality of business & management to arrive at a Alpha 3.0 portfolio constructed on the following logic.
Robust Stalwarts
(Portfolio weight: 25-35%)
These are solid businesses with proven and stable business model, future visibility and enjoying leadership in their segment
Growth Engines
(Portfolio weight: 40-60%)
These are companies in a high growth phase enjoying sector tailwinds combined with superior operating efficiencies
Tactical Plays
(Portfolio weight: 15-25%)
These are event or time based investments made with the aim of generating high absolute returns in a time bound manner
About Us
Pararthya Capital is founded on the principle that clients deserve independent advice offered by trusted advisors who are uninfluenced by conflicts presented when a firm offers proprietary products.
As a boutique investment advisory firm, our primary objective is to provide long term superior returns using disciplined investment approach consisting of quantitative and fundamental analysis.
Strong research and consistent outperformance, while maintaining high standards of client servicing are the only goals of Pararthya Capital.
​
Our ethos similar to that of a tree
Humble beginning | Patience | Endurance | Longevity
Grounded | Purity | Balanced (growth plus protection)
​
​
Our Team
Nikunj Gala
Co-founder
Nikunj Gala has over 10 years of experience in Indian equity capital markets. As Co-founder of Pararthya Capital, he brings expertise in fund management and equity research. Previously, he co-managed a ₹1,500+ crore fund at Sundaram Mutual Fund and worked as a buy-side analyst at Principal Mutual Fund and ASK Investment Managers. He also held sell-side roles at IIFL Institutional Equities and ICICI Securities.
His diverse experience across fund management and equity research on both buy- and sell-side domains, combined with his educational background—an MBA from NMIMS, Mumbai, and a Bachelor of Engineering from Vivekanand Education Society's Institute of Technology—positions him as a seasoned investment professional and a trusted leader in capital markets.
Ronak Gala
Co-founder
​
Ronak Gala is the Co-founder of Pararthya Capital and brings over eight years of experience in building and scaling profitable, service-oriented businesses. A professional equity investor since 2014, Ronak combines his entrepreneurial insights with a strong foundation in finance and investing.
​
He is also the Co-founder of LeapUp and has a passion for teaching, serving as a visiting faculty at leading institutions like NMIMS, NM College, and Jai Hind College, where he lectures on finance and investing. Ronak holds an MBA from NMIMS, Mumbai, and continues to bridge education and entrepreneurship through his extensive experience in the financial domain.
Get In Touch
601, 86 Central, Near Shreyas Signal,
Andheri - Ghatkopar Link Road, Ghatkopar West, Mumbai - 400086
+91 9082765273