Making money in the stock market is not a cakewalk. While some make a fortune, many more lose their hard-earned money to greed and ill-informed investment decisions. Today, we are going to talk about the top 10 investors in India who have made a killing in the stock market and set a benchmark for other investors. Combined, these people have made billions of dollars in the Indian stock market. Every investment decision they make makes headlines in financial journals and newspapers. While you may be familiar with some of these top investors, some names might be new to you. Without any further ado, let us take a look at the biggest investors in India.
Touted as “India’s Warren Buffet” and “The Big Bull,” Rakesh Jhunjhunwala needs no introduction to anyone who is familiar with the Indian stock market scene. It is astounding that his journey to amassing a wealth of thousands of crores began with a meagre 5000 bucks.
Net Worth: INR 34,000 crores
- Significant Holdings: Aptech, NCC, Rallis India, Titan Company, TV18 Broadcast, Federal Bank, Escorts and Nazara Technologies.
Rakesh Jhunjhunwala’s close friend, Radhakishan Damani is another name you will often hear when talking about the most successful investors in India. After making millions in the stock market, the ace investor ventured into the hypermarket business and opened DMart in 2002. The business went public in 2017 and currently has more than 200 stores around the country.
Net Worth: INR 1,08,000 crores
- Significant Holdings: Avenue Supermarts, VST Industries, India Cements, Sundaram Finance, Trent and United Breweries.
Born in a stockbroking family, Vijay Kedia had a knack for numbers ever since his childhood. After the death of his father, the future investment mogul joined the family business of stockbroking at the ripe age of 19, only to later leave the business to try his hand at trading. After a few initial misfortunes, Vijay Kedia picked three shares that would turn 100x within the next 10-12 years. Over the years, he has made numerous successful investments to be counted as one of the most famous investors in India.
- Net Worth: INR 623 crores
Significant Holdings: Vaibhav Global, Tejas Networks, Sudarshan Chemical Industries, Ramco Systems and Cera Sanitaryware.
Born in a middle-class family in a small village in Chhattisgarh, Raamdeo Agrawal is a top Indian investor and the chairman of the renowned Motilal Oswal Group. He started his career as a sub-broker in 1987 and co-founded Motilal Oswal the same year. Among the many successful investments by Raamdeo Agrawal and his company is Hero Honda, a stock he bought in 1995 at INR 30 and saw it turning to over INR 2800.
Significant Holdings: Motilal Oswal Financial Services, Maharashtra Scooters and Bharat Wire Ropes.
This is a heart-warming rags to riches story. Born in a lower-middle class family in a village near the city of Kochi, Porinju Veliyath once worked as Telephone Administrative in Ernakulum phone trade. He began his career in the stock market in 1990 as a floor trader in Mumbai. After working as a research analyst and fund manager for Parag Parish Securities, he founded his fund management firm, Equity Intelligence in 2002 and started value investing.
Net Worth: INR 157 crores
Significant Holdings: Somany Home Innovation, RPSG Ventures, Agro Tech Foods, Gati, Orient Bell, Zee Media Corporation and Thejo Engineering.
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The only lady to feature on this list of the top 10 investors in India is Dolly Khanna. Her husband, Rajeev Khanna, who is an IITian from IIT Madras, makes investment decisions for her. Over the years, she has amassed a wealth of over INR 350 crores.
- Significant Holdings: KCP, Rain Industries, NOCIL, Heritage Foods
Camera-shy Ashish Kacholia spent the early days of his career working for Prime Securities, where he learned the nitty-gritty of the stock market. After a stint at Edelweiss, he established his own investment firm in 1995.
- Significant Holdings: Shaily Engineering Plastics, Vishnu Chemicals, Beta Drugs, Acrysil, Apollo Pipes
Ramesh Damani is another top investor in India who is known for picking multi-bagger stocks. One of his most profitable investment decisions was Infosys, which has been amongst the biggest wealth creators in the past two decades. He is believed to have a net worth of over INR 200 crores.
- Significant Holdings: Goldiam International, Godrej Industries, Garden Reach Shipbuilders & Engineers
Ashish Dhawan completed his MBA from Harvard Business School in 1997 and became an analyst. He co-founded and ran Chrysalis Capital, one of India’s premier private equity funds. However, he later stepped away from an active role in the firm to pursue his philanthropic ambitions. His net worth is estimated to be around half a billion dollars.
- Significant holdings: Palred Technologies, Greenlam Industries, Equitas Holdings, Birlasoft, IDFC
Nemish Shah is another well-known and uber-successful stock market investor in India. He is the founder of ENAM, one of the most successful and reputable investment houses in the country.
- Significant holdings: Zodiac Clothing Company, Elgi Equipments, Super Spinning Mills, EID Parry (India), JSW Steel
So, these are the top investors in India. If you are also planning to have a crack at the stock market, we wish you all the best.
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