The Company kickstart its operations on January 25 1962 as a manufacturer and exporters of Quality Hand Tools in India and a member of Bombay Stock Exchange (BSE), but later on the Company has been indirectly acquired by Algoquant Financials LLP (through Share purchase agreement dated-October 24, 2020) and now we are engaged in the business of Trading in Financial Instrument. It is the Subsidiary of Mandelia Investments Private Limited. Our strength lies in its firm commitment through a transparent, clear, honest and customer-centric approach. We offer tangible and customized solutions to corporate, institutions and individual investors. With cutting edge technology and professional management, we always thrive to be the best in the industry.

Mandelia Investments Private Limited (Holding Company):
Mandelia Investments Private Limited (CIN NO: U67120DL1983PTC099224) is a Holding Company of Hindustan Everest tools Limited, incorporated on 28 February 1983. It Deals in Business of financers and investors i.e. Activities auxiliary to financial intermediation.

Directors Information:

Mr. Devansh Gupta (Managing Director)
Mr. Devansh Gupta is a Managing Director and also the Promoter of our Company. He has done his graduation from Delhi University. He has an experience of 5 years in managing the business and trading operation of Capital Market intermediaries. He has been associated with our Company as an additional director and later been re-designated as Managing Director of the Company with effect from June 30 2021. He has been a key player in the overall growth of the Company with his efforts. His varied experience and vision helps our Company work united towards the same goals of the vision set by the management.

Mr. Dhruv Gupta (Director)
Mr. Dhruv Gupta is a Director and a promoter of our Company. He is a graduate and also a CFA Level 3 Candidate. He has an experience of 6 years in managing risk &technology and he is also involved in Seed Funding of tech focused early stage startup. He is young, dynamic, hardworking and a dedicated team leader. His involvement and guidance has been instrumental in the growth and development of the company.

Mr. Amit Gupta (Director)
Mr. Amit Gupta is a Director of the company. He is a Chartered Accountant with over 18 years of post-qualification experience in corporate tax, international taxation, tax technology and regulatory matters. He has worked with three of the four large international consulting firms for more than a decade. His experience includes advising on international tax and domestic tax matters, tax due diligence, representing tax matters before the tax authorities and developing and implementing technology solution in the field of tax.

Mrs. Preeti Arora (Director)
Mrs.Preeti Arora is a Women Director of the company. She is a member of institute of company secretaries (ICSI) and Masters in Law (L.L.M). She has over 15 year of post qualification Experience in regulatory and compliance matters. Her experience includes helping companies to set up business in India. She has done multiple cases of seeking regulatory approvals from RBI MCA and like authorities.

Key Managerial Personnel

Yogesh Gusain (Chief Financial officer)
Mr. Yogesh Gusain is a Chief financial officer effective from June 30, 2021 of the Company. He is a graduate and a member of Institute of Cost Accountants of India. He has an experience of More than seven years in handling accounts and Finance of companies.

Ayushi Jain (Company Secretary and Compliance officer)
Ms. Ayushi Jain is a company Secretary and Compliance Officer of the company effective from August 14, 2021. She is an associate Member of Institute of Company Secretaries of India. She has knowledge and experience in corporate legal and secretarial services.

Reg. & H.O.
Hindustan Everest Tools Limited.
4/11, 1st Floor, Asaf AIi Road, New Delhi - 110 002 (INDIA)
Ph: 9910032394, Email :

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