Mr. Nemish Shah is the co-founder of ENAM, one of the most reputed and respectable investment houses in India. Initially he co-founded ENAM as a broking entity in 1984. Soon after co-founding ENAM, ENAM entered the investment banking profession and within six months climbed to the top of the league tables in the IPO market. ENAM has been the instrumental in multiple reputed IPO’s in the country since inception. ENAM stayed at the top position in the IPO market for a number of years. With his core interest lying in investment research, Mr. Shah is credited with pioneering investment research in India, a novel concept at that time in India.
He along with the co-founders built ENAM adhering to investment research as its backbone. He is very well known in the investment circle and his investment views are highly sought after. For over thirty years, Mr. Shah, along with his co-founder, Mr. Vallabh Bhanshali, also a highly revered individual in the financial markets with a philanthropic inclination, and his partners, has led ENAM in its growth into a leading financial advisory institution in the country. Recently, ENAM merged its investment banking and broking operations with Axis Bank. Currently, Mr. Shah is actively involved in managing the firm’s treasury operations and growing its proprietary capital, under ENAM Holding’s Pvt. Ltd. The focus is on long term investing in the Indian equity markets. He employs a fundamental bottoms-up research approach to identify high-quality businesses, that are structurally well-positioned, have sustainable competitive advantages and execution capability for consistent long-term growth.
Mr. Nemish Shah earned a B.Com. from Lala Lajpat Rai College, Mumbai University in 1977. He has multiple philanthropic initiatives. Now viewed as a deeply spiritual person, his peers reckon that it is this element of spirituality that has helped bring about an element of balance to his investment strategy. He is an avid reader of Jain scriptures and likes to unwind by watching cricket or listening to music.