Welcome to AMPL. We are a BSE-listed, RBI-regulated, and SEBI-registered financial services powerhouse delivering end-to-end investment solutions globally. By integrating rigorous fundamental research, institutional-grade governance, and disciplined capital allocation, we serve as the absolute partner of choice for sophisticated capital across India and the global diaspora.
From a regulated NBFC to a unified multi-asset franchise.
The AMPL platform consolidates a decade of disciplined capital allocation across credit, public equities, alternatives, and advisory. The May 2026 rebrand unifies every legacy Credent entity under one institutional identity engineered for cross-border scale.
Unified Diversification
A rare franchise where AIF, PMS, NBFC credit, and advisory service lines supplement one another to deliver asymmetric platform value rarely matched in the Indian market.
Human Expertise
Seasoned human judgment reinforced by computational rigour. Every position is underwritten by a senior practitioner with skin-in-the-game conviction.
Strong Foundation
Balance-sheet strength built on regulated NBFC foundations, ensuring institutional resilience through full economic cycles and rate regimes.
Servitude
Sophisticated products that go the extra mile. We craft each mandate around the client's regulatory frame, succession, and cross-border realities.
Corporate Evolution Timeline
Nine milestones. One institutional trajectory.
2017 — 2026
2017
RBI-Regulated NBFC
Incorporation as an RBI-regulated Non-Banking Financial Company.
2018
Asset Management Foray
PMS launch & consortium funding establish the multi-asset trajectory.
2019
Investment Banking Division
Buy-side and sell-side advisory practice formally launched.
2021
Oracle Credit Acquisition
Acquired Oracle Credit Ltd (BSE Listed NBFC) and real estate fund.
2022
SEBI AIF Licences
Category II and Category III AIF licences secured from SEBI.
2023
Rights Issue
Corporate Rights Issue successfully raised equity growth capital.
Strategic acquisition of minority equity stake in an MFI directly from SIDBI.
2026
AMPL Unified Re-Brand
All Credent entities formally integrated under the single AMPL identity.
Investment Philosophy
The Five Capital Virtues.
A strictly fundamental, quantitative framework. We do not optimise for arbitrary scoring systems — we underwrite cash-generative businesses with durable governance.
01
Superior Return on Capital Employed
Persistent ROCE leadership measured across full business cycles, not single windows.
02
Management Pedigree & Governance
Accounting cleanliness, audit hygiene, promoter alignment, and disclosure discipline.
03
Expanding Total Addressable Market
Underwriting tailwinds of structural TAM expansion, not cyclical demand spikes.
04
Deep Valuation Margin of Safety
Relative and absolute valuation modelling embedded into every entry decision.
05
Underwritten Special Situations
Turnarounds, expansion disruptions, and policy-led re-rating events.
Asset Management & Credit Segment
Three product pillars, one underwriting standard.
Toggle between regulated AIF schemes, discretionary PMS mandates, and AMPL Capital's commercial credit ledger. Every product is governed by the same fundamental, capital- preservation-first framework.
CAT II
Invicto Multiplier Fund
Architecture
Growth Opportunities · Close-Ended Scheme
Objective
Long-term capital appreciation across listed and unlisted SMEs.
Thesis
Targets expansion disruptions creating asymmetric value windows.
Deployment
Up to 100% in unlisted equities
Maximum 49% in listed equities
Multi-stage capital calls
CAT III
Invicto Incrementum Fund
Architecture
Only-Long · Open-Ended Scheme
Objective
Sustainable alpha from under-researched mid and small-cap names.
Thesis
Steady management, clean accounting, and zero structural leverage.
A bench of practitioners. Not a generation of managers.
Every senior allocator at AMPL has lived through full economic cycles. Decisions are underwritten by accountable individuals, not abstracted committees.
Management Team
Directors, fund managers & co-founders.
AK
Aditya Kanoria
Director
Postgraduate, XLRI Jamshedpur
18+ years across financial services. Former senior management at Motilal Oswal and Capital First; spearheads institutional client architecture.
MS
Mandeep Singh
Director
Postgraduate, SIBM Pune
18+ years of distribution leadership across broking and AMC franchises spanning Indian and European markets.
MC
Mohit Chheda
Director
Master's in Finance, University of Exeter · LSE Derivatives
Capital markets expert with 10+ years managing large family-office capital. Bachelor's in Management Studies.
NS
Naysar Shah
Fund Manager
Chartered Accountant · CFA Charterholder
22+ year track record in institutional equity research. Former senior fund manager at Birla Sun Life managing ₹2,500 Cr AUM.
MS
Madhusudan Sarda
Co-Founder
B.E. Chemical Engineering
20+ year public-market micro/small-cap expert. Co-founded Vallum Capital scaling AUA from zero to ₹1,000 Cr. Former Director of Research at Mehta Equities.
Research Team
Analysts underwriting every position.
DW
Dilpesh Waghela
Research Analyst
Equity Research
Deep-dive fundamental coverage across mid and small-cap universes with a focus on capital efficiency and unit economics.
PD
Pramod Devkule
Research Analyst
Financial Markets
Sector-focused analyst tracking earnings visibility, management commentary, and forensic accounting signals across the coverage list.
DS
Devansh Shah
Research Analyst
Equity & Credit Research
Builds and maintains the fund's trackable universe, growth-driver monitoring dashboards, and valuation composite lists.
NV
Naville Vichhivora
Research Analyst
Investment Research
Focus on sustainable competitive advantage assessment, cash flow-to-profit correlation, and margin-of-safety pricing.
HG
Harshal Gosrani
Research Analyst
Fundamental Analysis
Screens the checklist filters, tracks sector policy tailwinds, and supports portfolio construction across strategies.
Corporate Contact Engine
Route your mandate to the right desk.
Tell us the nature of your engagement and we’ll connect you with the relevant corporate hub and coverage banker within one business day.
Corporate Hubs · Mumbai
HUB 01
Bandra Kurla Complex
BKC Office · Primary Hub
Suite C/1216, One BKC, Bandra Kurla Complex, Bandra (East), Mumbai 400051
AIFPMSInvestment BankingCross-Border Wealth
HUB 02
Andheri East Network Base
Chakala · Credit & Distribution Hub
Office 306, Building B2, Shubham Centre, Cardinal Gracious Road, Chakala, Andheri (East), Mumbai 400099
NBFC FinancingCredit DisbursalMutual Fund NetworksInsurance Networks