Who We Are

Mr. Darashaw Master (1890 – 1970), born in a Parsi Zoroastrian family in Bombay, was a pioneer of the Indian debt market and the founder of Darashaw & Company, one of India’s oldest continuously managed investment banking and asset-management houses.

He was instrumental in introducing the erstwhile princely states – including the Nizam of Hyderabad – to the Indian capital markets. Darashaw has the distinction of being the first resource mobilisers and brokers in government securities, appointed by the Reserve Bank of India in 1938. In the 1970s, the economy witnessed a tremendous growth in the banking sector, following the nationalization of the largest commercial banks in the country.

After Darashaw Master the business was handled by Mr. Keki Mehta, who forms part of the second generation. Mr Keki D. B. Mehta is a qualified Chartered Accountant. He has been involved in Darashaw & Co. Share & Stock Brokers since 1958. He became the Sole Proprietor – Darashaw & Co. in 1971 a member of the Bombay Stock Exchange. The firm of Darashaw & Co. belonged to his uncle and founder, Mr Darashaw M. Master. On the demise of Mr Darashaw M. Master, he took over the BSE membership in 1971.

My Keki D. Mehta has been very involved in the Indian Capital Markets. He was responsible for innovating various instruments in the Government Of India Securities market such Coupon Stripping and Dividend Washing.

In 1980s, Mr Mehta started of a new venture of providing intermediary and informal consultancy services to Provident / Gratuity / Superannuation Funds in India. He worked on advising them on their investments in Government of India securities and other approved instruments

Today, the third generation at Darashaw continues this tradition of excellence and the pioneering spirit of our founder. We continue to be instrumental in educating investors and regulators alike, offering innovative and first-of-their-kind products and services for our clients. We are today a leading financial and consultancy house offering an increasing range of services to meet our clients’ financial and strategic objectives with discretion and trust. Darashaw continues to grow and learn, expanding into new areas and pioneering practices, tools, instruments and services.

We maintain our commitment to performance and results, alongside a thirst for change, with results and integrity guiding all of our actions. Darashaw insists on the highest standards and values, with a reputation for honesty and reliable business conduct. Our reputation has been built over nearly a century through hard work, commitment, and integrity. It is put to the test and proven to our clients and partners with every business transaction we make.