₹ % $ ↗ ◆ ▲ Vikalpa Finvest
Legacy of Wealth Since 2002
+91 281 246 2424 info@vikalpafinvest.com Rajkot, Gujarat
ARN-0163  ·  AMFI Registered  ·  Valid till July 2027
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Our Story

A Legacy Forged in
Financial Wisdom

Established in 2002, Vikalpa Finvest has been the financial backbone of countless families and businesses across Rajkot and Gujarat for over two decades.

2002
Established
22+
Years of Trust
ARN-0163
AMFI Registered
VF
2002
"A great investment doesn't require luck — it requires wisdom, patience, and the right guide by your side." — Vikalpa Finvest Philosophy
Our Foundation

A philosophy inherited
from the previous generation

Vikalpa Finvest was founded by Ramkumar H. Barchha in 2002 with a philosophy inherited from his own father: that a financial advisor's deepest responsibility is not to generate returns — it is to protect the families who trust him.

We have served multi-generational business families in Rajkot and across India for over two decades. We combine time-tested investment principles with contemporary market intelligence to craft strategies that stand the test of time.

Our philosophy is rooted in building relationships, not just portfolios. We take time to understand your goals, your family's aspirations, and your risk temperament — then craft a strategy built to last generations.

What We Stand For

Our Core Pillars

🛡️
Trust & Transparency
Every recommendation backed by research and your best interest alone.
📊
Disciplined Approach
Systematic investing over market timing — proven across two decades.
🎓
Deep Expertise
Regulatory certifications and continuous market education since 2002.
🌿
Long-Term Vision
We think in decades — because real wealth is built over generations.
The Barchha Legacy

The Road Traveled

Before Vikalpa Finvest, the Barchha family built one of India's most respected industrial legacies — a foundation of discipline, quality, and nation-building that shapes our financial philosophy to this day.

1967
Ashok Metal Industries

Founded in Rajkot in 1967, Ashok Metal Industries pioneered ISI quality-marked tin containers for edible oil, vanaspati, ghee, and milk powder — manufactured without power, a first in India. A dedicated division, Mukesh Metal Box Co., was added in 1970 for Shudha Ghee packaging.

Manufacturing Arm
Ashok Machine Tools

The Group's machinery arm manufactures tin plant equipment for rectangular, round, and square containers. With 300+ turnkey plants installed pan-India, it provides technical and administrative consultancy and serves as the manufacturing backbone for Ashok Iron & Steel Fabricators Pvt. Ltd. (Rajkot) and Ashok Stove Pvt. Ltd.

1981
The 1981 Pivot — Kerosene Stoves

In 1981, the Barchha brothers diversified into kerosene wick stoves — raising thermal efficiency from 45% to 60% through patented design. Launched at ₹63 against a market price of ₹13–₹25, it became India's largest-selling wick stove under the 'Ashok' brand.

National Pride
Darshna Udyog

Building on this momentum, Ashok Group developed India's first ISI-marked pressure stove with a side tank, as per IS:10109 — a landmark achievement in 50 years of Indian independence. This became a symbol of the Group's commitment to safety, quality, and national pride.

Marketing Arm
Mira Udyog Appliances Pvt. Ltd.

To bring all Group products under one roof, Mira Udyog was established as an exclusive marketing company. Operating on a single-window model, it markets the full Ashok product range — from stoves to electronic gas lighters, chilly and nut cutters, and other household appliances — while ensuring strict quality standards across every product.

From a single tin-making unit in 1967 to India's No. 1 stove brand — the Ashok Group is a testament to the power of vision, craft, and uncompromising quality. It is this legacy of building with integrity that Ramkumar H. Barchha carried into Vikalpa Finvest in 2002.

The Founders

The Visionaries Behind
the Ashok Group

Before there was Vikalpa Finvest, there were three brothers who turned a single tin-making unit into one of Saurashtra's most respected industrial names — and whose discipline, trust, and conviction still guide every decision the family makes today.

👤
Harkishor V. Barchha
Patriarch & Founding Visionary

Some people inherit a business. Harkishor Barchha built one from a conviction and ₹5,000 — leaving the comfort of his hometown to build, in Rajkot, what would become one of Saurashtra's most respected industrial families.

As the financial and management backbone of the Ashok Group for over five decades, he oversaw a business that earned ISI marks, supplied machines to Wipro and Birla, and was honoured with the Award of Excellence by the Federation of Gujarat Industries.

"Managing everyone's interest in a family business is like running between the wickets in cricket. The only way you avoid a run out is through trust and communication."
👤
Devendra V. Barchha
Marketing Visionary

In any organisation, there are builders and there are connectors. Devendra Barchha was both — known across the Ashok Group as its marketing guru, long before "relationship marketing" was a phrase anyone used.

His personal touch with every dealer turned transactional relationships into long-term partnerships, carrying Ashok products into markets across Gujarat, Maharashtra, and four southern states.

"No dream is too big and no distance too long."
👤
Vinodrai V. Barchha
Engineering & Innovation Lead

Vinodrai Barchha is what happens when passion meets patience. A commerce graduate who taught himself engineering, he developed patents for kerosene stoves and pioneered India's first ISI-certified pressure stove.

Under his technical leadership, the Group produced 48+ types of machines — supplying Godrej, Britannia, Volvo, and McDonald's Sri Lanka — and was singled out by the National Institute of Design for innovation unique in its category.

"Every worker contributes to the design of machines. The one whose suggestion is accepted is rewarded — not just with money, but with respect."
Our Journey

Two Decades of Milestones

2002
🏢
🛡️
2008 Crisis
2012
👥
⚖️
2016 Estate
2020
💜
🏆
2024 Legacy
Vikalpa Finvest Founded
Ramkumar H. Barchha establishes Vikalpa with ARN-0163 — built on protecting families, not just portfolios.
Navigating the Global Crisis
While markets collapsed, Vikalpa's clients stayed protected. Discipline over speculation — cemented forever.
Second Generation Joins
Vivek Barchha enters the practice, broadening scope to serve a new generation of investors and families.
Estate Planning Formalised
Vikalpa formalises Estate & Legacy Planning — helping families think beyond wealth creation to preservation.
Vikalpa Shakti Launched
Ami Barchha launches Vikalpa Shakti — empowering women with financial literacy and independence.
Two Decades of Legacy
2,000+ families. ₹500 Cr+ AUM. A third generation of clients now trusts Vikalpa with their financial future.
Meet the Team

The People Behind
Your Financial Future

The Vikalpa Circle →
Ramkumar Barchha
Ramkumar Barchha
Founder & CEO
When families across Rajkot and Gujarat are looking for a trusted financial advisor — someone who understands investments, insurance, and long-term wealth management — they come to Ramkumar H. Barchha. With over 20 years of experience as a mutual fu...
ARN: ARN -0163
Vivek Ramkumar Barchha
Vivek Ramkumar Barchha
Managing Director
Vivek Ramkumar Barchha is the Managing Director of Vikalpa Finvest, part of the Ashok Group, Rajkot — overseeing the firm's operations, client relationships, and business growth across India and globally. A fourth-generation entrepreneur, Vivek join...
CFP, MBA
ARN: ARN - 159572

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