FOSTERING ECONOMIC STABILITY
WITH OVER 20 YEARS OF EXPERIENCE IN THE ACCOUNTING INDUSTRY, CA ASHOK HOLANI, DIRECTOR AT HOLANI CONSULTANTS PRIVATE LIMITED, HAS ESTABLISHED HIMSELF AS A LEADING EXPERT IN FINANCE AND CHARTERED ACCOUNTING, WITH SPECIALISATIONS IN AUDITING, TAXATION, COMPANY ADVISORY, AND FUNDRAISING
STELLAR ACADEMIC AND PROFESSIONAL RECORD
With over two decades of experience, CA Ashok Holani is a seasoned professional. He earned his degree in Chartered Accountancy, specialising in finance and accounting, from the Institute of Chartered Accountants of India in 2000, achieving 49th rank in India in the CA final exam. Following this, he established his own company, Ashok Holani & Co. His expertise spans auditing, taxation, advisory services, loan advising, corporate governance, and other tasks typically handled by chartered accounting firms. Over the years, he has mastered the intricacies of financial administration and honed his skills. His career has seen him in significant roles, such as Auditor of large corporations and reputable SMEs, and as a financial adviser for businesses, playing a pivotal role in their listing. Mr. Holani has been leading Holani Consultants Private Limited as the Director since September 2018, putting in tremendous effort to elevate the business to new heights. The company is a SEBI-registered merchant banker and stockbroker in Jaipur, Rajasthan, providing financial market services such as IPO management, business valuation consultation, financial management, bank financing, stockbroking, and other advisory or consultancy services related to the securities market.
A TRUSTED COMPANION IN THE JOURNEY TO SUCCESS
Mr. Holani learned about the government portal for SMEs to raise funds, and with great enthusiasm, began exploring it. In 2016, he collaborated with another merchant banker to conduct three IPOs, aiming to understand the economics of this type of fundraising and achieved remarkable success. Mr. Holani established his investment banking firm in January 2018 and has consistently assisted his clients with fundraising. Under his guidance, it has completed approximately 16 fundraising projects for clients, raising over 1,200 crore rupees from 2018 to the present.
CLIMBING THE LADDER TO SUCCESS
Mr. Holani has worked diligently to expand his business nationwide. He has conducted IPOs in various states, including Rajasthan, Gujarat, Maharashtra, West Bengal, Haryana, and Delhi. He successfully obtained a license for stockbroking and transformed his business into a thriving stockbroker. Furthermore, he registered the company as a member of the NSE and BSE. In December 2023, Mr. Holani and his team raised 184 crores for Mothisons Jewelers Limited, marking their largest initial public offering. The IPO received subscriptions totalling 18,000 crores, delivering a tremendously successful outcome for the team. Due to his dedication and determination, NavBharat Times recognised the company as the “Most Investor-Friendly Merchant Banker” at the BFSI Summit 2023.
FUTURE ASPIRATIONS
Looking ahead, Mr. Holani envisions establishing a comprehensive financial group that encompasses all aspects of the financial sector, including stockbroking, investment banking, and fund houses. His goal is to offer all services related to the capital market under one roof. He is committed to maintaining his company’s reputation as the most trustworthy in the finance industry. His team meticulously evaluates each IPO they undertake, ensuring that only worthy companies are brought to the exchange, demonstrating Mr. Holani is dedicated to maintaining the highest quality and investors’ financial well-being. He has established a SEBI-registered Category 1 Alternative Investment Fund (AIF) under the name of Holani Venture Capital Fund, with a total corpus of INR 400 crore. With this, the company has a complete range in its portfolio, namely investment banking, stock broking, and fund management via AIF.
