# Amrit Banaspati

Amrit Banaspati is a Corporate Investor based in Noida, India.

## Overview

- **Organization type:** Corporate Investor
- **Headquarters:** Noida, India
- **Region:** Asia
- **Address:** Noida, Uttar Pradesh, India
- **Founded:** 1940
- **Assets under management:** Undisclosed
- **Website:** amritbanaspati.com
- **LinkedIn:** https://www.linkedin.com/company/amrit-banaspati-company-limited

## Regulatory record

- **Reports private funds:** No

## About

Amrit Banaspati was founded in 1940. Naresh Kumar Bajaj serves as its key promoter through his role at Amrit Corporation. The firm functions as the trading and treasury vehicle for the broader Amrit Group. The firm executes commodity trading and treasury operations across India. It previously held the Gagan edible oil brand, which was sold to Bunge India in 2012. Confirmed related entities include Kuantum Papers, demerged in 2007, and real estate holdings such as Gagan Enclave in Ghaziabad and Amrit Corporate Centre in Noida. Operations remain concentrated in North India. The firm lists three named managing directors. No additional offices are recorded. Amrit Foundation operates as the group's philanthropic vehicle. No operational events from the last 24 months appear in available records. Amrit Banaspati sits inside the Amrit Group holding structure rather than as an independent family office. Investment decisions flow through the corporate parent and named Bajaj family members who also manage Amrit Corporation.

## Sectors

- Commodities

## People

- Naresh Kumar Bajaj — Chairman and Managing Director
- Ashwini Kumar Bajaj — Managing Director
- Vikram Kumar Bajaj — Managing Director

## Questions

### Who runs investment decisions at Amrit Banaspati?

Naresh Kumar Bajaj, Ashwini Kumar Bajaj and Vikram Kumar Bajaj hold the managing director titles. Decisions are executed through the corporate parent Amrit Corporation.

### What asset classes does Amrit Banaspati deploy into?

The firm conducts commodity trading and manages a surplus fund portfolio. It also holds direct real estate assets in Uttar Pradesh and Uttarakhand.

### How is Amrit Banaspati related to Amrit Corporation?

Amrit Banaspati is an associate of Amrit Corporation, the holding company of the Amrit Group.

### Does Amrit Banaspati participate in external fund commitments?

No external fund commitments are recorded. Activity centers on direct commodity trading and internal treasury operations.

## Related profiles

- [Amritam Holdings](https://altss.com/profile/amritam-holdings)
- [Amrock Ventures](https://altss.com/profile/amrock-ventures)

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Last updated: 2026-06-03T20:00:00.000Z

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