Our story begins with the man to whom we owe everything – Shri Amar Nath Aggarwal, our grandfather. Simply said, an honorable man of his words. Wishing to master the art of capital and investments, he began to pursue his interests as a professional in 1955
under the name – A.N. Aggarwal & Co.
There was much to him than what met the eyes. Sitting in a room full of people, he’d always be the one to lighten up the vibe, sometimes with clever one-liner puns, in other moments he’d sweeten up moods with soulful Urdu Shayaris. He was the kind of a gentleman whose personality could well be defined as an epitome of chivalry. His mellifluous speech which always chose the right words and his calligraphic hand that put down his thoughts lay as legendary proof in the memories of all those who ever had a chance to meet him.
Reminiscing his style of doing business doesn’t only provide excellent investment strategies but produce lessons worthy to be imbibed in one’s life. Early on, he and his business went through endless obstacles but he championed each one without losing hope. Embracing every challenge that came forth, he framed his own set of principles and followed them.
When it came to investing capital in a company, he’d always look for value. Shuffling out all the media tattletale and company’s public image, he’d investigate that company’s business. Interestingly, he cared more about the management overlooking the business than the business operations and performance. In easy words, he invested in people, not material.
Being trustworthy and dedicated meant everything to him. This unique strategy of investing in the best people running a business has become a timeless principle, on which his own business still lives on.
Back in the 1960s and 70s, his contribution was beyond phenomenal. He had foreseen the underlying business value of several listed, unlisted and illiquid companies. These discoveries were rare and almost magical to the market analysts of his day, and even today. In fact, with his brilliant approach, he was able to pool in funds in businesses which eventually became big private players, namely
It was after years of perseverance and a firm commitment to build a strong enterprise, he laid down the foundation stone of Growfast Securities & Credit Private Limited – a Non-Banking Financial Company, in 1995. Over a period of three decades, Indian markets opened up and Growfast grabbed every opportunity to flourish. Treading on the path paved by his values, the company has grown into prominence.
Always known for his business ethics, he created a legacy that we are blessed to carry forward today under the vision of his son
Shri Rajendra Kumar.
“Children will follow your example more than your advice.”
