![Utpal Hemendra Sheth](data:image/svg+xml,<svg xmlns="http://www.w3.org/2000/svg" width="16" height="16" fill="%231b1b1b" class="bi bi-person-fill" viewBox="0 0 16 16"><path d="M3 14s-1 0-1-1 1-4 6-4 6 3 6 4-1 1-1 1zm5-6a3 3 0 1 0 0-6 3 3 0 0 0 0 6"/></svg>)
Net worth: 3 M $ as of 30/08/2026
Utpal Hemendra Sheth founded Trust Asset Management Pvt Ltd. in 2000, where he is working as Mentor from 2000.
Mr. Sheth also founded Trust Capital Services (India) Pvt Ltd. Mr. Sheth also currently works at Aptech Ltd., as Non-Executive Vice Chairman, Kabra ExtrusionTechnik Ltd., as Independent Non-Executive Director from 2021, NCC Ltd., as Non-Independent Non-Executive Director from 2013, and various other companies.
Mr. Sheth also formerly worked at Rare Enterprises Ltd., as Chief Executive Officer from 2003 to 2020, Sterling Holiday Resorts (India) Ltd., as Non-Independent Non-Executive Director from 2013 to 2014, PRAJ Industries Ltd., as Non-Executive Director, and various other companies.
Mr. Sheth received his undergraduate degree in 1991 from Sydenham College of Commerce & Economics.
| Company | Date | Number of shares | Valuation | Valuation date |
|---|---|---|---|---|
Augmont Enterprises Pvt Ltd.
 Augmont Enterprises Pvt Ltd. Specialty StoresRetail Trade Sells gold and silver jewelry through online 0.32% | 30/08/2026 | 294,760 ( 0.32% ) | 3 M $ | 30/08/2026 |
| Companies | Position | Start |
|---|---|---|
| APTECH LIMITED | Director/Board Member | 27/10/2005 |
| METRO BRANDS LIMITED | Director/Board Member | 13/03/2007 |
| NCC LIMITED | Director/Board Member | 10/10/2013 |
| KABRA EXTRUSIONTECHNIK LIMITED | Director/Board Member | 19/08/2021 |
| INVENTURUS KNOWLEDGE SOLUTIONS LIMITED | Director/Board Member | 02/12/2014 |
| STAR HEALTH AND ALLIED INSURANCE COMPANY LIMITED | Director/Board Member | 27/08/2026 |
Insync Capital Partners LLP | Corporate Officer/Principal | - |
Chanakya Value Creation LLP | Corporate Officer/Principal | - |
Zen Superstructure LLP | Corporate Officer/Principal | - |
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Active
Inactive
Listed companies
Private companies
1st degree connections
1st degree companies
Male
Female
Members of the board
Executives
| Private companies | 46 |
|---|---|
Kabra ExtrusionTechnik Ltd.
 Kabra ExtrusionTechnik Ltd. Industrial MachineryProducer Manufacturing Manufactures plastic extrusion machinery | Producer Manufacturing |
Aptech Ltd.
 Aptech Ltd. Miscellaneous Commercial ServicesCommercial Services Provides corporate and computer training solutions | Commercial Services |
Sterling Holiday Resorts (India) Ltd.
 Sterling Holiday Resorts (India) Ltd. Hotels/Resorts/Cruise linesConsumer Services Owns and operates resorts and hotels | Consumer Services |
Enam Financial Consultants Pvt Ltd.
 Enam Financial Consultants Pvt Ltd. Investment ManagersFinance Provides investment banking and advisory services | Finance |
NCC Ltd.
 NCC Ltd. HomebuildingConsumer Durables Engages in designs, construction, engineering and development of infrastructure projects | Consumer Durables |
PRAJ Industries Ltd.
 PRAJ Industries Ltd. Engineering & ConstructionIndustrial Services Provides integrated process engineering and solutions | Industrial Services |
Zen Technologies Ltd.
 Zen Technologies Ltd. Information Technology ServicesTechnology Services Manufactures training simulators for weapons and allied defence products | Technology Services |
Concord Biotech Ltd.
 Concord Biotech Ltd. Miscellaneous Commercial ServicesCommercial Services Engages in research and development, manufacturing, marketing & selling of pharmaceutical products | Commercial Services |
Sydenham College of Commerce & Economics
 Sydenham College of Commerce & Economics Other Consumer ServicesConsumer Services Functions as a College/University | Consumer Services |
Cineline India Ltd.
 Cineline India Ltd. Movies/EntertainmentConsumer Services Owns and operates chain of cinema halls & shopping malls | Consumer Services |
Tops Security Ltd.
 Tops Security Ltd. Miscellaneous Commercial ServicesCommercial Services Provides security services | Commercial Services |
TOPSGRUP
 TOPSGRUP Miscellaneous Commercial ServicesCommercial Services Provides private security services | Commercial Services |
Phi Capital Management LLP
 Phi Capital Management LLP Investment ManagersFinance Phi Capital invests in public and private middle market companies located in India. The firm targets companies operating across a broad range of sectors and industries. It provides financing for buyout and growth stage capital requirements and also takes minority position. | Finance |
Rare Investment Ltd. | |
Rare Enterprises Ltd.
 Rare Enterprises Ltd. Investment ManagersFinance Operates private equity firm | Finance |
Insight Asset Management Ltd. | |
Inventurus Knowledge Solutions, Inc.
 Inventurus Knowledge Solutions, Inc. Packaged SoftwareTechnology Services Develops agentic AI platform that connects the human care | Technology Services |
Metro Brands Ltd.
 Metro Brands Ltd. Apparel/Footwear RetailRetail Trade Retails shoes through stores and online | Retail Trade |
Dharti Dredging & Infrastructure Ltd.
 Dharti Dredging & Infrastructure Ltd. Engineering & ConstructionIndustrial Services Engages in subsea dredging & excavation, land reclamation and ground ameliorations | Industrial Services |
KLT Automotive & Tubular Products Ltd.
 KLT Automotive & Tubular Products Ltd. Auto Parts: OEMProducer Manufacturing Manufactures automotive products, precision tubes, chassis frames and body components | Producer Manufacturing |
Star Health & Allied Insurance Co. Ltd.
 Star Health & Allied Insurance Co. Ltd. Life/Health InsuranceFinance Provides health insurance services | Finance |
Trust Capital Services (India) Pvt Ltd.
 Trust Capital Services (India) Pvt Ltd. Investment Banks/BrokersFinance Provides investment banking, asset and wealth management services | Finance |
Inventurus Knowledge Solutions Ltd.
 Inventurus Knowledge Solutions Ltd. Miscellaneous Commercial ServicesCommercial Services Provides healthcare assistance services | Commercial Services |
Rare Equity Pvt Ltd.
 Rare Equity Pvt Ltd. TextilesProcess Industries Manufactures textiles | Process Industries |
HRS Insight Financial Intermediaries Pvt Ltd.
 HRS Insight Financial Intermediaries Pvt Ltd. Financial ConglomeratesFinance Provides financial intermediation services | Finance |
Ask Financial Consultants Pvt Ltd. | |
Race Ahead Properties Pvt Ltd.
 Race Ahead Properties Pvt Ltd. Real Estate DevelopmentFinance Provides real estate services | Finance |
Chanakya Corporate Services Pvt Ltd.
 Chanakya Corporate Services Pvt Ltd. Financial ConglomeratesFinance Provides financial intermediaries services | Finance |
Trustplutus Wealth Manager (India) Pvt. Ltd.
 Trustplutus Wealth Manager (India) Pvt. Ltd. Investment ManagersFinance Provides wealth management and investment advisory services | Finance |
Clue Leasing & Finance Pvt Ltd. | |
Caerus Advisors Pvt Ltd.
 Caerus Advisors Pvt Ltd. Financial ConglomeratesFinance Provides financial intermediation services | Finance |
Chanakya Wealth Creation Pvt Ltd. | |
Enlightened Buildcon Pvt Ltd. | |
Hillcroft Investments Co. Pvt Ltd. | |
Kanakia Hospitality Pvt Ltd.
 Kanakia Hospitality Pvt Ltd. Real Estate DevelopmentFinance Provides real estate development services | Finance |
Trust Capital Holdings Pvt Ltd. | |
Insync Capital Partners LLP | |
Chanakya Value Creation LLP | |
Zen Superstructure LLP | |
Kalpa Vruksha Landscape LLP | |
Hiranandani Financial Services Pvt Ltd.
 Hiranandani Financial Services Pvt Ltd. Finance/Rental/LeasingFinance Provides business, working capital and commercial property loan services | Finance |
Trust Asset Management Pvt Ltd.
 Trust Asset Management Pvt Ltd. Investment ManagersFinance Provides investment advice | Finance |
Zenex Animal Health India Pvt Ltd.
 Zenex Animal Health India Pvt Ltd. Pharmaceuticals: MajorHealth Technology Manufactures and markets animal health products for the livestock & poultry sector | Health Technology |
TrustPlutus Family Office & Investment Advisers (India) Pvt | |
SNV Aviation Pvt Ltd.
 SNV Aviation Pvt Ltd. AirlinesTransportation Provides air passenger and cargo transport services | Transportation |
Rare Worldwide Holdings |
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