up.hurun.netup.hurun.net/hufiles/201511/20151130162407335.docx · web viewtriveni turbines...
TRANSCRIPT
PRESS RELEASE
WITH 76 NEW FACES, HURUN REPORT LAUNCHES ITS INDIAN RICH LIST 2015
WITH INR 1,60,950 CR, MUKESH AMBANI IS THE RICHEST MAN IN INDIA FOR 4TH YEAR
INDIA PRODUCES 124 BILLIONAIRES, A RECORD NUMBER SINCE THE INCEPTION OF HURUN INDIA RICH LIST ON 2012
UDAY KOTAK STORMS INTO TOP 10
85% IN THE LIST ARE FAMILY RUN BUSINESSES
MUMBAI AND NEW DELHI MAKE UP HALF OF RICH LIST, ADDING 17 AND 16
FOR THE FIRST TIME, AZIM PREMJI LOSES THE SPOT IN TOP 5, DUE TO HIS PHILANTHROPIC DONATIONS
Hurun Report India releases Hurun India Rich List 2015 , presented by jewelry- brand Joyalukkas
Hurun Report finds 296 individuals with INR 1,600 Cr or more, up 76 from last year and double that of two years ago
India had a mixed year with some sectors such as mobile phone and e-commerce doing well and other such as real estate and energy had a bad year. Overall, it was an average year of India’s entrepreneur
Owing to a 6% devaluation of Indian Rupee against the US dollar and a lackluster performance of key sectors such as steel, energy and real estate, the average wealth dropped 7%
India is adding more billionaires. Number of dollar billionaires has increased to 124 from 109 last year. The inaugural Hurun India Rich List had just 59 billionaires in 2012
36 have migrated out of India and are NRI 13 saw their wealth double year on year; The fastest riser is Dhiraj Rajaram (40)
of Mu Sigma, a data analytics business, shooting up 593% to INR 17,790 Cr. 58 individuals saw their wealth decline, led by the oil and gas sector, after
uncertainly continued to surround the Middle East. Ajay Kalsi (54) of Indus Gas declined by 242% dropping him to the bottom of the list.
Mukesh Ambani (58) of Reliance, holds on to his position as the richest man in India with a fortune of INR 1,60,951 Cr, down by 3% from last year. Ambani
6F, Zhongrong Jasper Tower, 8 Yincheng Road, Shanghai 200120021-5010 5808 www.hurun.netPage 1 of 35
seems to be betting on digital space by committing over INR 2,50,000 Cr to PM Modi’s Digital India initiative.
London-based SP Hinduja & Family (81) of Hinduja Group shot up to 3rd position, from 6th last year, after seeing their wealth grow 43% to INR 1,03,030 Cr
Whilst Mumbai continues to dominate with 29% of the list residing there, Delhi came in second with 19%, followed by Bangalore with 8%
Manufacturing continues to dominate with 15% of the list, followed by pharmaceuticals and real estate with 9% and 6% respectively.
Only 61% are self-made, down by 6% from last year The only self-made woman in the list is the ‘BioTech Queen’ Kiran Mazumdar-
Shaw (62) who saw her net worth decrease by 6% to INR 6143 Cr At 28 years, Ankit Bhati and at 29, Bhavish Aggarwal founders of Ola Cabs,
“India’s answer to Uber”, are the youngest self-made Indians in the list. The Tyre prince, Rajiv Poddar (30) of Balakrishna Industries follows.
The combined wealth of India’s richest is a staggering US$478bn, equating to 22% of India’s GDP last year and larger than the GDPs of UAE ($402bn), South Africa ($350bn) & Singapore ($308bn).
For the first time, Azim Premji (69) loses the spot in Top 5, due to his philanthropic donations
Supported by 33% increase, with INR 47,608 Cr, Uday Kotak (55) breaks into Top 10
Leading Authority on India’s private wealth, Hurun Report launches the India Rich List for the fourth time.
(Mumbai, 11 September 2015): Today Hurun Report released the Hurun India Rich List, a list of the richest people in India with a cut-off of INR 1,600 Cr. This is the fourth year of the list, which has become a benchmark for the private sector and has become widely accepted to be the most robust attempt at covering entrepreneurship in India. Wealth calculations are a snapshot of net worth of living individuals as of 31 July 2015 when the rate of exchange to the US dollar was INR 64.0.
“Despite the weakening of the stock market and the Rupee, the Hurun India Rich List expanded by 76 entrepreneurs, showing the resilience and dynamism of the Indian private sector,” said Anas Rahman Junaid, Hurun Report India GM.
For the full details, please refer to on www.hurun.net.
Mukesh Ambani (58) of Reliance topped the list of 296 individuals for the fourth consecutive year. Reliance Jio, a $6bn subsidiary of RIL, plans to rollout 4G across
6F, Zhongrong Jasper Tower, 8 Yincheng Road, Shanghai 200120021-5010 5808 www.hurun.netPage 2 of 35
India. RIL procured world's most sophisticated armored Mercedes S600 for Mukesh Ambani.
Dilip Shanghvi (59) of Sun Pharmaceuticals retained his 2nd place despite a 2% decline in his wealth. Ongoing integration problems of generic drug maker Ranbaxy continues to hit revenue and profitability of Sun Pharma. In Feb 2015, Sanghvi agreed to buy a 23% stake in Indian wind turbine maker Suzlon Energy for US$290m
SP Hinduja & Family (81) is the 3rd richest person on the list with a net worth of INR 1,03,030 Cr. The Hinduja family controls a highly diversified empire with interests spanning automotive, oil& gas, banking, IT, power, media, real estate, healthcare & trading with annual revenues in excess of INR 1,50,000 Cr. Hinduja announced an investment of INR 64,000 Cr into infrastructure and power sector in India, the biggest ever commitment yet by the family for this region.
Table 1: Hurun India Rich List 2015 – Top 10
Rank
NameWealth INR Cr
Change
CompanyAge
Residence
1- Mukesh Ambani160,950
-3% Reliance 58 Mumbai
2- Dilip Shanghvi126,290
-2% Sun Pharma 59 Mumbai
3↑SP Hinduja & family
103,030
43% Hinduja 81 London
4↑ Shiv Nadar 94,020 21% HCL 70 New Delhi5↑ Pallonji Mistry 87,290 39% Shapoorji Pallonji 86 Mumbai6↓ LN Mittal 83,400 -14% ArcelorMittal 64 London7↓ Azim Premji 51,900 -39% Wipro 69 Bangalore
8↑ Gautam Adani 50,500 15%Adani Enterprises
53Ahmedabad
9-Sunil Mittal & Family
48,540 -5% Bharti Airtel 58 New Delhi
10* Uday Kotak 47,610 33% Kotak Mahindra 55 Mumbai↑ Rank increase yoy ↓ Rank decrease yoy - No Rank change yoy * New to Top 10
Shiv Nadar, (70). Nadar registered a 21% increase in wealth, mainly on the back of a sharp increase in listed HCL Technologies. He is a strong competitor to Azim Premji in philanthropy; For instance, in March the philanthropic arm of the group donated HCL Technologies shares worth INR 1,150 Cr to his foundation.
6F, Zhongrong Jasper Tower, 8 Yincheng Road, Shanghai 200120021-5010 5808 www.hurun.netPage 3 of 35
Pallonji Mistry, (86), with a personal fortune of INR 87,290 Cr, is the 5th richest Indian and also the richest Parsi. Mistry controls a construction empire that operates across India, West Asia and Africa, and is the largest individual shareholder in Tata Sons, where his son Cyrus is currently chairman. An Irish citizen, Pallonji Mistry is known for his commitment towards promoting Irish Cricket by signing a 10 year multi million sponsorship contract with the Ireland Cricket team. From an Indian business perspective, he has committed INR 20,000 Cr towards the development of Hyderabad.
LN Mittal, (64), of ArcelorMittal, who started out as a scrap metal dealer in one of India’s poorest states dropped down one place to 6th with a fortune down 14% to INR 83,400 Cr. Mittal announced a INR 5,000 Cr investment into automotive steel manufacturing in India, the first greenfield investment by the LN Mittal group in India’s steel sector, after years of trying to get a foothold in the country.
Azim Hashim Premji, (69), India’s most generous billionaire moved down to the 7 th
spot; Azim Premji, the first Indian to sign the Giving Pledge, has set aside more than half of his wealth for charity by allocating an additional 18% stake in the company to fund philanthropy.
Telecom mogul Sunil Mittal, (58), is the 8th richest in the list with an estimated net worth of INR 48,540 Cr (up 1 rank from last year). Airtel entered 17 African countries by acquiring Zain telecom for $10bn, now divesting its tower assets in 5 African countries for $1.3bn to cut its debt and plan to divest more. He was granted the payment bank license in India- a move that could further boost the revenue by INR 1500 Cr, which should positively impact the long-term valuation of the group.
Gautam Adani, (53), Adani has grown Adani Group into one of the fastest growing enterprises in India, with a net worth of INR 50,500 Cr. His Adani Foundation follows a participatory approach to ensure a sense of ownership for the services it provides and the community wealth it creates. Adani managed to bag the contract for the biggest seaport project in South India.
Uday Kotak, (55), shot into the top 10, with a net worth of INR 47,610 Cr up 33% from last year. Fourth largest Indian private sector bank by market capitalization, in November last year, Kotak acquired ING Vysya Bank on an all-stock deal with swap ratio 0.75:1. This became one of the biggest mergers in India’s financial services sector.
6F, Zhongrong Jasper Tower, 8 Yincheng Road, Shanghai 200120021-5010 5808 www.hurun.netPage 4 of 35
Mumbai Top again
With 87 individuals, Mumbai is the capital for India’s super-rich, followed by Delhi (54) and Bangalore (22)
Table 2: Geographical spread of Hurun India Rich List 2015
City
2015 No. of indiv 2015 %
Change in indiv 2014 %
Richest person
1 Mumbai 87 29% +17 23% Mukesh Ambani2 New Delhi 55 19% +16 13% Shiv Nadar3 Bangalore 23 8% same 8% Azim Premji4 Dubai 15 5% same 5% Micky Jagtiani5 Ahmedabad 10 3% same 3% Gautam Adani6 Pune 11 4% +3 3% Cyrus S Poonawalla7 Chennai 16 5% +5 4% Kalanithi Maran8 Kolkata 10 3% +1 3% Benu Gopal Bangur
Source: Hurun India Rich List. For more details visit www.hurun.net
UAE & UK are the capitals for NRI’S. 36 are based outside of India, led by SP Hinduja & Family (Hinduja Group, London), followed by LN Mittal (ArcelorMittal, London), Micky Jagtiani (Landmark Group, Dubai), Anil Agarwal (Vedanta Resources, London), Romesh T Wadhwani (Symphony Technology, Palo Alto)
Table 3: Hurun India Rich List 2015 – Richest Non-Resident Indians
NamesWealth(INR Ccr)
City Company Age
1 SP Hinduja & family 103,030 London Hinduja 812 LN Mittal 83,360 London ArcelorMittal 643 Micky Jagtiani 30,930 Dubai Landmark 64
4 Anil Agarwal 24,360 LondonVedanta Resource
62
5 Romesh T Wadhwani 18,140 Palo Alto Symphony 686 Yusuffali MA 17,530 Abu Dhabi Emke 597 Feroz Allana 17,440 Sharjah IFFCO -8 Ravi Pillai 13,900 Dubai RP Group 659 Kavitark Ram Shriram 12,400 Menlo Park Google 59
10 Manoj Bhargava 12,290Farmington Hills
5 Hour Energy 62
6F, Zhongrong Jasper Tower, 8 Yincheng Road, Shanghai 200120021-5010 5808 www.hurun.netPage 5 of 35
Source: Hurun India Rich List. For more details visit www.hurun.net
Manufacturing sector continues to rule
The fastest wealth growing sector is Mobile Phones followed by Chemicals and Leather products. Manufacturing has produced 15% of entries in the Hurun India Rich List 2015, followed by Pharma and Real estate. Other industries that have had a good year include FMCG, Jewelry, Food & Beverage, Media and Entertainment.
Table 4: Hurun India Rich List 2015 – Industry breakdown
Industry 2015 2014 Richest individual1 Manufacturing 15% 16% SP Hinduja2 Pharmaceuticals 9% 8% Dilip Shanghvi3 Real estate 6% 6% Kushal Pal Singh4 FMCG 5% 8% Anand Burman5 Food & Beverages 4% 4% Feroz Allana
6Media & Entertainment 4% 4% Subhash Chandra
7 Jewelry 6% 5% Rajesh Mehta
8 Healthcare 3% 3%Malvinder Singh & Shivinder Singh
9 Energy 3% 3% Mukesh Ambani10 Technology 4% 5% Shiv Nadar
Source: Hurun India Rich List. For more details visit www.hurun.net
6F, Zhongrong Jasper Tower, 8 Yincheng Road, Shanghai 200120021-5010 5808 www.hurun.netPage 6 of 35
Gainers
The biggest gain registered was a 593% increase by Dhiraj Rajaram (40), the founder of Mu Sigma. PNC Menon’s investment arm, PNC Investments has further boosted up his net worth to INR 10,960 Cr.
Table 5: Hurun India Rich List 2015 – Biggest Gainers
NameWealth (INR Cr)
% Change
Company LocationAge
Industry
1 Dhiraj Rajaram 17,800 593% Mu Sigma Bangalore 40E-Commerce
2 Sameer Gehlaut 9,800445% India Bulls
Mumbai 41Financial Services
3Balkrishnan Goenka
9,820 308% Welspun Mumbai 49Tubes and Pipes
4 PNC Menon 10,960 279%PNC Investments
Bangalore 67Real estate
5 Nusli Wadia29,380
277% Britannia Mumbai 71 FMCG
Source: Hurun India Rich List. For more details visit www.hurun.net
6F, Zhongrong Jasper Tower, 8 Yincheng Road, Shanghai 200120021-5010 5808 www.hurun.netPage 7 of 35
All the young entrepreneurs under 40 in Hurun India Rich List 2015 are active in their respective business
At 62, the average age is same as that of last year; with 11 under 40 The youngest person on the list is Ankit Bhati (28) co-founder of Ola Cabs The oldest is Basant Kumar Birla, 94, of Century Textiles Yogarathinam Nadar, 76, of Saravana Stores, who was a new entrant in
Hurun India Rich List 2015, passed away on 3 September 2015.
Table 6: Hurun India Rich List 2015 – Entrants under 40
S.No Name Age
Wealth 2015 (INR Cr)
City CompanySelf-Made
DegreeIndustry
1 Ankit Bhati 28 2,385 Mumbai Ola cab 4 Technology
2Bhavish Aggarwal
29 2,385 Mumbai Ola cab 4 Technology
3 Rajiv Poddar 30 4,226 Mumbai Balkrishna 3 Tyres
4 Kunal Bhal 32 2,314 Delhi Snapdeal 4E-
Commerce
5 Binny Bansaal 34 9,010 Bangalore Flipkart 4E-
Commerce
6 Sachin Bansaal 34 9,010 Bangalore Flipkart 4E-
Commerce
7Nishita Shah Federbush & Family
36 2,914 BangkokPrecious Shipping
3 Logistics
8 Shivinder Singh 37 15,143 New DelhiFortis Healthcare
3 Healthcare
9Vijay Shankar Sharma
38 2,824 Delhi Paytm 4E-
Commerce
10 Malvinder Singh 39 15,140 New DelhiFortis Healthcare
3 Healthcare
11 Naveen Tewari 39 1,683 Bangalore Inmobi 4 Technology
12 Rahul Sharma 40 4,070 Gurgaon Micromax 4Mobile phones
13 Jai R Shroff 40 3,376 Hyderabad Advanta 4 Agriculture
6F, Zhongrong Jasper Tower, 8 Yincheng Road, Shanghai 200120021-5010 5808 www.hurun.netPage 8 of 35
Only 3% women
Men dominate, with just 3% women occupying a place in the list. Indu Jain (78), is the richest woman with a personal fortune pegged at INR 19,179 Cr and bags the 33rd position in the Hurun India Rich List 2015. She is followed by Savitri Jindal and Family (65) at INR 15,680 Cr. The only self-made women entrepreneur is Kiran Mazumdar-Shaw (62) of Biocon, with a net worth of INR 6,143 Cr.
Table 7: Hurun India Rich List 2015 – Richest Women in India
NameWealth %
ChangeAge
Company
Location Industry(INR Cr)
1 Indu Jain 19,179 52% 78Bennett Coleman
New DelhiMedia & Entertainment
2 Savitri Jindal 15,680 -56% 65 JSPL Hisar Steel
3Mallika Srinivasan
9,561 33% 56 TAFE ChennaiManufacturing
4 Anu Aga 8,174 20% 73 Thermax Pune Energy
5Kiran Mazumdar-Shaw
6,143 -6% 62 Biocon BangalorePharmaceuticals
6Madhu Kapur
3,926 17% 52 Yes Bank MumbaiFinancial Services
7Nishita Shah Federbush
2914 New 36Precious Shipping
Bangkok Logistics
8Shobhana Bhartia
1,922 -70% 58 Hindustan Times
New DelhiMedia & Entertainment
6F, Zhongrong Jasper Tower, 8 Yincheng Road, Shanghai 200120021-5010 5808 www.hurun.netPage 9 of 35
Largest public traded companies
Of the publicly traded companies on the list, Mukesh Ambani’s Reliance has the highest valuation of INR 32,35,069 Cr (contributing 5.01% to the NIFTY index), followed by Infosys with INR 24,76,221 Cr and Sun Pharmaceutical INR 19,79,884 Cr. Behind that are Tata Motors & Bharti Airtel with market cap of INR 10,96,290 and INR 16,73,311 Cr respectively.
Table 8: Hurun India Rich List 2015 - Self-Made Degree
Self-Made Degree
No Of Individuals
Richest Individual
Company AgeWealth INR Cr.
5 34 Shiv Nadar HCL 70 94,0194 150 Dilip Shanghvi Sun Pharma 59 1,26,2893 109 Mukesh Ambani Reliance 58 1,60,9512 2 Anil Ambani ADA Reliance 55 27,3591 1 Rishad Naoroji Godrej 64 15,944
Source: Hurun India Rich List. For more details visit www.hurun.net
Hurun Report continued its Self-Made Scorecard, measuring the degree to which billionaires are inherited or self-made. The scorecard is out of five, where 1 is inherited and not active in business, and 5 is self-made without help from parents.
Self-made with a little help from parents was the most common route to becoming a billionaire, featuring 51% of the list. Second was self-made without help from parents, making up 37% of the list. Third was inheriting a business and growing it into a much bigger entity, with 11% and only one person was Self-Made Degree 1.
6F, Zhongrong Jasper Tower, 8 Yincheng Road, Shanghai 200120021-5010 5808 www.hurun.netPage 10 of 35
Industry analysis
The industries that added the most number of new millionaires to the list were FMCG, Manufacturing, Mobiles, Technology and e-commerce.
Backed by strong stock market performance of circa 12%, FMCG has produced most number of new faces. The indigenous mobile phone companies seem to have finally obtained comsumer acceptance, helping the companies such as Micromax, Lava and Karbon adding news faces into the list. For a snapshot on the industry that added most number of new entries, refer the table below.
Table 9: Industry producing most number of new entrants
IndustryNo.of new additions
Cumulative Wealth 2015
(INR Cr)
Richest New Individual 2015
Company
FMCG 12 25,732 Ajay Jaisinghani PolycabMobile Phones 9 25,492 Rahul Sharma Micromax
Manufacturing 8 20,266Atul Chandrakant Kirloskar & Brothers Kirloskar
Jewelry 7 21,008 Amit Bhansali Rosy Blue
Technology 5 12,230 Anand Suresh DeshpandePersistent Systems
Source: Hurun India Rich List. For more details visit www.hurun.net
ManufacturingAlmost 15% of the Hurun India Rich List 2015 belonged to the manufacturing sector; the fastest riser is Satyanarayan Nandlal Nuwa (63), of Bharat Forge, who gained 30 places, registering a growth in net worth of 45%. Lachman Das Mittal of Sonalika, falling 90 places to 192, witnessed the biggest fall in rank. Average wealth of the Manufacturing sector was INR 12,040 Cr, with Maharashtra as the preferred hub for manufacturing followed by Delhi.
6F, Zhongrong Jasper Tower, 8 Yincheng Road, Shanghai 200120021-5010 5808 www.hurun.netPage 11 of 35
PharmaceuticalsThe Pharma sector had another very good year, with wealth of this sector rising at an average of 26%. Hasmukh Chudgar of Intas who registered an increase of 171% in net worth is the biggest gainer in the pharma sector. The majority of the Pharma millionaires hailed from Maharashtra, followed by Andhra Pradesh & Gujarat. It may be noted that all HNIs of the Pharma sector continue to reside & do business from India.
Real estate17 individuals derived their wealth from the Real estate sector. This sector saw its wealth increase on an average of 2% compared to that of last year. Atul Chordia & Sagar Chordia (49), of Panchshil Reality, saw his wealth grow by 48% during the period 2014-15. Atul Ruia (44), of Phoenix Mills is the youngest real estate tycoon on the list.
TMTThe TMT sector has produced 47 individuals. With 12 individuals, Bangalore seems to be the technology hub & 25% of these companies are listed. The fastest riser is Dhiraj Rajaram, of Mu-sigma, who rose up the list by 127 places; Rajaram registered a 490% growth in net worth compared to last year. The biggest fall in rank was witnessed by Shobhana Bhartia of Hindustan Times; her rank fell 115 places to 276.
E- CommerceIn dollar terms E-commerce shows 48% spike in wealth for existing names and 126% spike considering the new entrants into the list. Latest fund raising activities fuelled high valuation for all ecommerce companies. Despite a soaring valuation bubble in the industry, Just Dial is an exception in the list; Venkatachalam Sthanu Subramani lost nearly 80% wealth in INR terms due to share devaluation of Just Dial.
FMCGThe FMCG sector had a very good year, with wealth of this sector rising at an average of 57%. The biggest gainer in the 2015 Hurun India Rich List is from the FMCG sector – Nusli Wadia of Britannia, registered an increase of 277% in net worth.
Stock Markets PerformanceBombay Stock Exchange (BSE) Sensex rose 9.4% from 25,480 on August 1 2014 to 28,814 on July 31 2015. For the year under review, BSE Mid Cap (19.2%) and BSE Small Cap Index (16.4%) outperformed the benchmark index (9.4%). Sensex out performed Global indices S&P 500 (8.4%) and DJIA (6.8%). At a sectorial level, 7 out of the 10 sectorial indexes outperformed the benchmark index; Energy, Utilities and Basic Material underperformed compared to the market. Currently, Indian stock
6F, Zhongrong Jasper Tower, 8 Yincheng Road, Shanghai 200120021-5010 5808 www.hurun.netPage 12 of 35
market seems to be trading at a high valuation 20.3x compared to 5 year historical average of 17.4x.
This year’s Hurun India Rich List reveals some interesting nuggets of information
Kumar Mangalam Birla was summoned as accused in the Coal Gate
scandal. Fuelled by a 46% drop in market price of Hindalco, the net worth of
Kumar Mangalam Birla dropped by over a third Vellayan stepped down as Murugappa chairman on insider trading charges.
The regulator alleged that Vellayan had passed price sensitive information
pertaining to the acquisition of Sabero by Coromandel FMCG major Dharampal Satyapal Ltd has produced 5 new entries in the list,
the most by any company. India's online retailer Snapdeal raised $500
million, valuing the 5 year old internet startup at US$6 Bn NRIs are getting richer. 35 NRIs have a combined wealth of INR 21,700 Cr
6F, Zhongrong Jasper Tower, 8 Yincheng Road, Shanghai 200120021-5010 5808 www.hurun.netPage 13 of 35
Stats: Record Highs
Cut-off to make list was INR 1600 Cr, with a record high of 296 individuals up from 235 last year and 141 the year before.
The number of dollar billionaires has jumped to a record high too, with 124 individuals, up 15 from last year.
Table 10: Table analyzing the cut off and the number of entrepreneurs in Hurun India Rich List
YearCut-offINR Cr
No. of people in the list
No. of$ billionaires
2012 1600 100 59
2013 1800 141 63
2014 1800 230 109
2015 1600 296 124Source: The Hurun Research Institute 2015
Cut-off (in INR Cr)
Table 11: Table analyses the cut-off required for Top 10, 50 and 100
2015 INR Cr 2014 INR Cr 2013 INR Cr 2012 INR Cr
Top 10 47,000 44,000 46,600 30,780Top 50 15,100 11,500 7,600 5,940Top 100 7,900 6,500 3,800 1,620Source: The Hurun Research Institute 2015
Table 12: Companies that produced the highest number of individuals on the list
Company Name No. of individualsDS 5Infosys 5Micromax 4Lava International 4Polycab 4Asian Paints 3Kiran Gems 3Godrej 3
6F, Zhongrong Jasper Tower, 8 Yincheng Road, Shanghai 200120021-5010 5808 www.hurun.netPage 14 of 35
About Hurun Report
Established as a research unit in 1999 by British chartered accountant Rupert Hoogewerf, Hurun Report Inc. has grown on the back of the Hurun China Rich List, a list which ranks the 1800 richest individuals in China. Hurun Report has since 2012 expanded to producing the India Rich List and the Global Rich List, allowing for comparisons between two of the most dynamic economies in the world.
Hurun Report is a leading media platform with its head office in Shanghai, China. Hurun Report Inc. has a stable of four media titles. Hurun Report has an active conferencing division, with its annual India Rich List launch dinner in November in Mumbai.
Hurun Report Inc. publishes The Hurun Schools Guide Series, Wings & Water and Horse & Polo. The Hurun Schools Guide Series is targeted at parents looking to send their children to some of the world’s most prestigious high schools and undergraduate programmes. Somewhat akin to a ‘Lonely Planet’ of education, the series now covers schools from 10 countries including the UK, US, Canada, Australia, New Zealand, Switzerland and Singapore.
Wings & Water is for the so-called lion kings of China; those individuals who lead industry and shape opinions. It addresses the needs of those entrepreneurs looking to purchase a jet or yacht, as well as setting out how to maintain these big and costly machines.
Horse & Polo provides in-depth coverage about horse related issues including features on Polo, Dressage, Horse Racing, Bloodstock as well as Dogs and Croquet. The magazine is designed to be the glamorous companion for wealthy Chinese with a passion for horses.
For further information, see www.hurun.net
For media inquiries, please contact: please provide appropriate contact pointsRupert Hoogewerf, Hurun Report ChairmanEmail: [email protected]
Anas Rahman JunaidEmail: [email protected]: 8606 498 100
6F, Zhongrong Jasper Tower, 8 Yincheng Road, Shanghai 200120021-5010 5808 www.hurun.netPage 15 of 35
Hurun India Rich List 2015
x
Chan
ge
in
Rank
Name
Degree of
Selfmade
ness
Wealth
INR Cr.
Wealt
h
USDm
Change
in
Wealth
Company Industry Age Residence
1 0Mukesh
Ambani3 160,950 25.2 (4,187) Reliance Energy 58 Mumbai
2 0 Dilip Shanghvi 4 126,290 19.8 (2,384) Sun PharmaPharmace
uticals59 Brasschaat
3 3SP Hinduja &
family3 103,030 16.2 31,030 Hinduja
Manufactu
ring81 London
4 1 Shiv Nadar 5 94,020 14.7 16,185 HCLTechnolog
y70 New Delhi
5 2 Pallonji Mistry 3 87,290 13.7 24,340Shapoorji
Pallonji
Engineerin
g &
Constructi
on
86 Mumbai
6 -3 LN Mittal 4 83,400 13.1 (13,916) ArcelorMittal Steel 64 London
7 -3 Azim Premji 4 51,900 8.1 (33,738) WiproTechnolog
y69 Bangalore
8 2 Gautam Adani 4 50,500 7.5 3,904Adani
Enterprises
Infrastruct
ure53 Ahmedabad
9 0Sunil Mittal &
Family4 48,540 7.6 (2,779) Bharti Airtel Telecom 58 New Delhi
10 3 Uday Kotak 5 47,610 7.5 11,818Kotak
Mahindra
Financial
Services55 Mumbai
11 1Cyrus S
Poonawalla4 42,251 6.6 6,251 Serum
Pharmace
uticals74 Pune
12 3
Anand
Burman &
Family
3 40,856 6.4 9,778 Dabur FMCG 63 New Delhi
13 -5
Kumara
Mangalam
Birla
3 39,653 6.2 (21,967) Aditya BirlaManufactu
ring48 Mumbai
6F, Zhongrong Jasper Tower, 8 Yincheng Road, Shanghai 200120021-5010 5808 www.hurun.netPage 16 of 35
14 2Desh Bandhu
Gupta4 39,094 6.1 9,828 Lupin
Pharmace
uticals77 Mumbai
15 3 Adi Godrej 3 31,888 5.0 4,813 Godrej FMCG 73 Mumbai
15 3Jamshyd
Godrej3 31,888 5.0 4,813 Godrej FMCG 73 Mumbai
17 11 Pankaj Patel 3 31,778 5.0 11,989 CadilaPharmace
uticals62 Ahmedabad
18 15 Vikram Lal 3 31,263 4.9 14,742Eicher
Motors
Automobil
e73 New Delhi
19 1 Micky jagtiani 4 30,927 4.9 4,763 Landmark
Multi
Brand
Retail
64 Dubai
20 66 Nusli Wadia 3 29,381 4.6 21,595 Britannia FMCG 71 Mumbai
21 8Subhash
Chandra4 29,137 4.6 9,508 Zee
Media &
Entertainm
ent
64 Mumbai
22 5Benu Gopal
Bangur4 28,273 4.4 8,393
Shree
Cements
Manufactu
ring84 Kolkata
23 -12 Anil Ambani 3 27,359 4.3 (15,539)ADA
Reliance
Infrastruct
ure55 Mumbai
24 -3 Rahul Bajaj 3 27,120 4.3 2,647 Bajaj AutoAutomobil
e77 Pune
25 0 Anil Agarwal 4 24,358 3.8 3,829Vedanta
ResourceEnergy 62 London
26 -4
Brijmohan Lall
Munjal &
Family
5 23,440 3.7 (544) Hero MotoAutomobil
e92 Ludhiana
27 4 Yusuf Hamied 3 23,049 3.6 5,712 CiplaPharmace
uticals78 Mumbai
28 8Madhukar
Parekh3 22,006 3.5 7,606 Pidilite
Manufactu
ring69 Mumbai
29 -6 Shashi Ruia 4 21,269 3.3 (2,121) Essar Energy 71 Mumbai
6F, Zhongrong Jasper Tower, 8 Yincheng Road, Shanghai 200120021-5010 5808 www.hurun.netPage 17 of 35
29 -6 Ravi Ruia 4 21,269 3.3 (2,121) Essar Energy 66 Mumbai
31 12 Ashwin Dani 3 20,235 3.2 7,265 Asian PaintsManufactu
ring73 Mumbai
32 23 Ajay Piramal 3 19,421 3.0 8,808Piramal
Enterprise
Pharmace
uticals60 Mumbai
33 13 Indu Jain 3 19,179 3.0 6,587Bennett
Coleman
Media &
Entertainm
ent
78 New Delhi
34 4 GV Prasad 4 18,625 2.9 4,729Dr. Reddy's
Lab
Pharmace
uticals74 Hyderabad
35 14Harsh
Mariwala3 18,607 2.9 7,017 Marico FMCG 64 Mumbai
36 59
A Vellayan
Murugappa &
Family
3 18,463 2.9 11,486Carborundu
m Abrasives 62 Chennai
37 -2Romesh T
Wadhwani4 18,137 2.8 3,137 Symphony TMT 68 Palo Alto
38 127Dhiraj
Rajaram4 17,789 2.8 14,789 Mu Sigma
Technolog
y- Bangalore
39 -7Chandru
Raheja4 17,575 2.8 923
Shoppers
Stop
Multi
Brand
Retail
75 Mumbai
40 16 Yusuffali MA 5 17,534 2.8 7,440 Emke
Multi
Brand
Retail
59 Abu Dhabi
41 -7 Feroz Allana 5 17,443 2.7 1,843 IFFCOFood &
Beverages- Sharjah
42 -25Kushal Pal
Singh4 16,855 2.6 (11,160) DLF
Real
estate84 New Delhi
43 -4
PV
Ramaprasad
Reddy
4 16,506 2.6 2,925Aurobindo
Pharma
Pharmace
uticals57 Hyderabad
44 3 Baba Kalyani 3 16,083 2.5 4,188Bharat
Forge
Manufactu
ring66 Pune
45 -15 Rajan Raheja 4 15,951 2.5 (1,439)Hathway
Cable
Media &
Entertainm
ent
61 Mumbai
6F, Zhongrong Jasper Tower, 8 Yincheng Road, Shanghai 200120021-5010 5808 www.hurun.netPage 18 of 35
46 -1Rishad
Naoroji1 15,944 2.5 3,344 Godrej FMCG 64 Mumbai
47 -33Savitri Jindal
& Family1 15,680 2.5 (20,069) JSPL Steel 65 Hisar
48 -4
Vijay
Chauhan &
Family
3 15,349 2.4 2,748Parle
Products
Food &
Beverages79 Mumbai
49 14Malvinder
Singh3 15,140 2.4 5,327
Fortis
HealthcareHealthcare 39 New Delhi
49 14Shivinder
Singh3 15,140 2.4 5,327
Fortis
HealthcareHealthcare 37 New Delhi
51 -3 Murali Divi 4 14,925 2.3 3,236 Divi's LabPharmace
uticals63 Hyderabad
52 10Ashwin
Choksi3 14,722 2.3 4,858 Asian Paints
Manufactu
ring72 Mumbai
53 5
Glenn
Saldanha &
Family
3 14,555 2.3 4,520Glenmark
Pharma
Pharmace
uticals77 Mumbai
54 7 Abhay Vakil 3 14,285 2.2 4,392 Asian PaintsManufactu
ring64 Mumbai
55 10 Ravi Pillai 5 13,900 2.2 4,300 RPReal
Estate65 Dubai
56 -19Vivek Chaand
Sehgal4 13,583 2.1 (533)
Motherson
Sumi
Manufactu
ring59 New Delhi
57 46Habil
Khorakiwala5 13,321 2.1 7,179 Wockhardt Healthcare 73 Mumbai
58 -8 Ravi Jaipuria 4 13,254 2.1 1,734 RJ CorpManufactu
ring60 New Delhi
59 -17Kalanithi
Maran3 12,697 2.0 (445) Sun Network
Media &
Entertainm
ent
50 Chennai
60 -8NR Narayana
Murthy4 12,688 2.0 1,748 Infosys
Technolog
y69 Bangalore
61 -20Kavitark Ram
Shriram4 12,400 1.9 (803) Google TMT 59 Menlo Park
6F, Zhongrong Jasper Tower, 8 Yincheng Road, Shanghai 200120021-5010 5808 www.hurun.netPage 19 of 35
62 3Manoj
Bhargava4 12,291 1.9 2,691
5 Hour
Energy
Food &
Beverages62
Farmington
Hills
63 37Radhe Shyam
Agarwal4 12,051 1.9 5,678 Emami FMCG 69 Kolkata
63 37Radhe Shyam
Goenka4 12,051 1.9 5,678 Emami FMCG 68 Kolkata
65 -14Qimat Rai
Gupta5 11,803 1.9 782 Havells India
Manufactu
ring78 New Delhi
66 21 Sudhir Mehta 3 11,622 1.8 4,053Torrent
Pharma
Pharmace
uticals61 Ahmedabad
66 21 Samir Mehta 3 11,622 1.8 4,053Torrent
Pharma
Pharmace
uticals52 Ahmedabad
68 -14 Vinod Khosla 4 11,477 1.8 677Khosla
Ventures
Investmen
ts60 Portola Valley
69 1 Ratan Tata 3 11,317 1.8 2,317 Tata SonsManufactu
ring78 Mumbai
70 62
Mannalal B
Agarwal &
Family
4 11,165 1.8 6,637Ajanta
Pharma
Pharmace
uticals68 Mumbai
71 102 PNC Menon 5 10,958 1.7 8,066PNC
Investments
Real
estate67 Bangalore
72 6 Sanjay Singal 3 10,843 1.7 2,263
Bhushan
Power &
Steel
Heavy
Industry56 New Delhi
73 -3 Swraj Paul 4 10,712 1.7 1,712 CaparoManufactu
ring84 London
74 -7Samprada
Singh4 10,373 1.6 1,049
Alkem
Laboratories
Pharmace
uticals89 Mumbai
75 -1
Mangal
Prabhat
Lodha
5 9,981 1.6 1,039 LodhaReal
estate59 Mumbai
76 49 Ranjan Pai 3 9,923 1.6 5,123Manipal
EducationEducation 42 Bangalore
77 109Balkrishnan
Goenka5 9,819 1.5 7,410
Welspun
Corp
Tubes and
Pipes49 Mumbai
6F, Zhongrong Jasper Tower, 8 Yincheng Road, Shanghai 200120021-5010 5808 www.hurun.netPage 20 of 35
78 121Sameer
Gehlaut4 9,814 1.5 8,014
Indiabulls
Financial
Financial
Services41 Mumbai
79 -9 Sunny Varkey 3 9,778 1.5 778Gems
Education
Other
Services58 Dubai
80 1Mofatraj
Munot5 9,721 1.5 1,713 Kalpataru
Real
estate71 Mumbai
81 9Mallika
Srinivasan3 9,561 1.5 2,361 TAFE
Manufactu
ring56 Chennai
82 -6
S
Gopalakrishn
an
4 9,288 1.5 490 InfosysTechnolog
y60 Bangalore
83 -26 Rajesh Mehta 5 9,088 1.4 (949)Rajesh
ExportsJewellery 50 Bangalore
84 -1VG
Siddhartha4 9,039 1.4 1,173 Mindtree
Technolog
y56 Bangalore
85 58 Binny Bansaal 4 9,010 1.4 5,104 Flipkart
E-
Commerc
e
34 Bangalore
85 58Sachin
Bansaal4 9,010 1.4 5,104 Flipkart
E-
Commerc
e
34 Bangalore
87 -61 Prakash Lohia 4 8,962 1.4 (11,160) IndoramaManufactu
ring63 London
88 48Anand
Mahindra3 8,947 1.4 4,673 M&M
Automobil
e60 Mumbai
89 28Tony
Jashanmal3 8,944 1.4 3,544 Jashanmal
Multi
Brand
Retail
67 Dubai
90 -13Nandan
Nilekani4 8,862 1.4 274 Infosys
Technolog
y60 Bangalore
91 28
Ramesh
Genomal &
Family
4 8,755 1.4 3,676Page
Industries
Manufactu
ring62 Bangalore
92 -17 Aloke Lohia 4 8,611 1.4 (243) IndoramaManufactu
ring57 Bangkok
93 -53Gautam
Thapar3 8,575 1.3 (4,926)
Crompton
Greaves
Manufactu
ring54 New Delhi
6F, Zhongrong Jasper Tower, 8 Yincheng Road, Shanghai 200120021-5010 5808 www.hurun.netPage 21 of 35
94 2 Rajju Shroff 5 8,519 1.3 1,707United
Phosphorus
Manufactu
ring78 Mumbai
95 -6Hemendra
Kothari4 8,512 1.3 1,069
DSP
BlackRock
Investmen
ts69 Mumbai
96 -37 Nirav Modi 3 8,276 1.3 (1,643)Firestar
DiamondsJewellery 44 Mumbai
97 0 Anu Aga 3 8,174 1.3 1,371 Thermax Energy 73 Pune
98 -6Devendra
Kumar Jain4 8,161 1.3 1,014
Gujarat
Flourochemi
cals
Manufactu
ring86 New Delhi
99 66
Hasmukh
Chudgar &
Family
4 8,119 1.3 5,119Intas
Pharma
Pharmace
uticals79 Ahmedabad
100 -21Rakesh
Jhunjhunwala5 7,980 1.3 (193)
Rare
Enterprises
Investmen
ts55 Mumbai
101 17 Analjit Singh 4 7,890 1.2 2,490 Max IndiaFinancial
Services61 New Delhi
102 -8
TS
Kalyanarama
n
5 7,831 1.2 767Kalyan
JewellersJewellery 68 Thrissur
103 -23Sanjiv
Goenka3 7,499 1.2 (536)
Spencer
Retail
Multi
Brand
Retail
54 Kolkata
104 1Prathap
Reddy4 7,136 1.1 1,130
Apollo
HospitalsHealthcare 83 Chennai
105 -12 Vikas Oberoi 3 7,126 1.1 35Oberoi
Realty
Real
estate45 Mumbai
106 -46Prithviraj
Kothari4 7,096 1.1 (2,802) RSBL Jewellery 50 Mumbai
107 -37 Suhail Rizvi 4 7,021 1.1 (1,979)
Rizvi
Traverse
Capital
TMT 50 San Francisco
108 1
Chirayu R
Amin &
Family
3 6,869 1.1 1,084Alembic
Pharma
Pharmace
uticals69 Mumbai
109 59Murli Dhar
Gyan 5 6,856 1.1 3,897 RSPL Jewellery 66 Kanpur
6F, Zhongrong Jasper Tower, 8 Yincheng Road, Shanghai 200120021-5010 5808 www.hurun.netPage 22 of 35
Chandani &
Family
109 59
Bimal Gyan
Chandani &
Family
5 6,856 1.1 3,897 RSPL Jewellery 54 Kanpur
111 -9 Joy Alukkas 4 6,851 1.1 515 Joy Alukkas Jewellery 59 Kochi
112 -43Kapil Bhatia &
Rahul Bhatia4 6,757 1.1 (2,381)
Interglobe
EnterpriseAviation
82/5
4New Delhi
113 -6 K Dinesh 4 6,696 1.1 787 InfosysTechnolog
y61 Bangalore
114 7
Prakash
Chauhan &
Family
3 6,589 1.0 1,558Parle Agro
Foods
Food &
Beverages69 Mumbai
115 -11
MG George
Muthoot &
Family
3 6,476 1.0 334Muthoot
Finance
Financial
Services66 New Delhi
116 71 Azad Moopen 5 6,421 1.0 4,021DM
HealthcareHealthcare - Dubai
117 36Harsh
Goenka3 6,418 1.0 2,960
RPG
Enterprises
Infrastruct
ure57 Mumbai
118 -7Bhadresh
Shah4 6,345 1.0 648 AIA
Manufactu
ring64 Ahmedabad
119 NewRakesh
Gangwal4 6,305 1.0 New
Interglobal
EnterpriseAviation 63 Miami
120 5Gurbachan
Singh Dhingra3 6,231 1.0 1,431
Berger
Paints
Manufactu
ring65 Kolkata
120 5Kuldip Singh
Dhingra3 6,231 1.0 1,431
Berger
Paints
Manufactu
ring68 Kolkata
122 -23
Kiran
Mazumdar-
Shaw
4 6,143 1.0 (395) BioconPharmace
uticals62 Bangalore
123 -32 Irfan Razack 5 6,097 1.0 (1,096)
Prestige
Estate
Projects
Real
estate62 Bangalore
124 New
Jasminder
Singh and
family
3 6,076 1.0 New Edwardian Hospitality 65 Berkshire
6F, Zhongrong Jasper Tower, 8 Yincheng Road, Shanghai 200120021-5010 5808 www.hurun.netPage 23 of 35
125 5Ramesh
Juneja4 6,026 0.9 1,274
Mankind
Pharma
Pharmace
uticals61 New Delhi
125 New Rajeev Juneja 4 6,026 0.9 NewMankind
Pharma
Pharmace
uticals51 Delhi
127 -19Bhupendra
Kumar Modi3 5,961 0.9 90 Spice Telecom 66 Singapore
128 42
Puranmal
Bansal and
Family
5 5,903 0.9 2,972M.D
OverseasTrading 86 New Delhi
129 -16 SD Shibulal 4 5,891 0.9 283 InfosysTechnolog
y60 Bangalore
130 -5Jawaharlal
Gangaramani4 5,873 0.9 1,073 Al Fara
Engineerin
g &
Constructi
on
- Abu Dhabi
131 -47Krishnan
Ganesh4 5,852 0.9 (1,968) IT&T
Investmen
ts53 Bangalore
132 2 Shishir Bajaj 3 5,826 0.9 1,396Bajaj
Hindustan
Manufactu
ring67 Mumbai
133 17Salil Singhal
& Family3 5,745 0.9 2,199 PI Industries
Manufactu
ring- New Delhi
134 30Satyanarayan
Nandlal Nuwa5 5,661 0.9 2,565
Solar
Industries
Manufactu
ring63 Nagpur
135 -67 GM Rao 4 5,631 0.9 (3,536) GMRInfrastruct
ure65 Bangalore
136 72
Ramesh
Kumar Dua &
Family
3 5,567 0.9 3,612Relaxo
Footwear
Leather
Products60 New Delhi
137 -12
Kanaksi
Gokaldas
Khimji &
Family
3 5,518 0.9 718Khimji
RamdasDiversified - Muscat
138 -24Virendra
Mhaiskar3 5,504 0.9 (80) IRB Infra
Infrastruct
ure44 Mumbai
139 1KM Mammen
& Family3 5,210 0.8 1,091 MRF Tyres
Manufactu
ring- Chennai
140 19 Satish 4 5,176 0.8 1,802 Emcure Healthcare 64 Pune
6F, Zhongrong Jasper Tower, 8 Yincheng Road, Shanghai 200120021-5010 5808 www.hurun.netPage 24 of 35
Ramanlal
Mehta
141 8 Rizwan Sajan 4 5,157 0.8 1,557 Danube
Engineerin
g &
Constructi
on
51 Dubai
142 -9Karsanbhai
Patel5 5,100 0.8 667 Nirma FMCG 71 Ahmedabad
143 15Keshub
Mahindra3 5,057 0.8 1,683
Mahindra &
Mahindra
Automobil
e92 Mumbai
144 New
Murli
Kewalram
Chanrai
3 5,018 0.8 NewKewalram
chanraiDiversified 93 -
145 -39 Onkar Kanwar 3 4,996 0.8 (939) Apollo TyresManufactu
ring72 Gurgaon
146 2
Achal Anil
Bakeri &
Family
4 4,975 0.8 1,366 Symphony FMCG 55 -
147 57 Sudhir Hasija 4 4,970 0.8 2,970 KarbonnMobile
Phones56 Bangalore
148 14 Anand Jain 4 4,962 0.8 1,757 Jai CorpGP/GC
Sheets58 Mumbai
149 -27Ramesh
Agarwal4 4,957 0.8 48 DB Corp
Media &
Entertainm
ent
70 Bhopal
150 -34Jithendra
Virwani4 4,866 0.8 (674)
Embassy
Property
Real
estate49 Bangalore
151 -13CV Jacob &
Family5 4,859 0.8 659 Synthite
Manufactu
ring82 Kolencherry
152 -1Sanjeev
Bikhchandani4 4,815 0.8 1,283
Info Edge
India
Media &
Entertainm
ent
51 New Delhi
153 -15Yogesh
Mehta5 4,695 0.7 495
Petrochem
MELogistics - Dubai
154 0Shyam
Bhartia4 4,620 0.7 1,188
Jubilant Life
Science
Food &
Beverages62 New Delhi
154 0 Hari Bhartia 4 4,620 0.7 1,188Jubilant Life
Science
Food &
Beverages58 New Delhi
6F, Zhongrong Jasper Tower, 8 Yincheng Road, Shanghai 200120021-5010 5808 www.hurun.netPage 25 of 35
156 46Arun Bharat
Ram3 4,608 0.7 2,478 SRF Textiles 74 New Delhi
157 New Tom Singh 4 4,591 0.7 New New Look
Multi
Brand
Retail
67 Weymouth
158 -76Niranjan
Hiranandani4 4,555 0.7 (3,349) Hiranandani
Real
estate65 Mumbai
159 -74 BR Shetty 4 4,550 0.7 (3,250) NMC Healthcare 73 Abu Dhabi
160 30VC
Nannapaneni4 4,530 0.7 2,139
Natco
Pharma
Pharmace
uticals67 Hyderabad
161 -15 Rana Kapoor 4 4,490 0.7 773 Yes BankFinancial
Services58 Mumbai
162 -42BL Taparia &
Family3 4,367 0.7 (713) Supreme
Manufactu
ring80 Mumbai
163 33 Atul Chordia 4 4,346 0.7 2,100Panchshil
Realty
Real
estate49 Pune
163 33Sagar
Chordia4 4,346 0.7 2,100
Panchshil
Realty
Real
estate49 Pune
165 16
Ramachandra
N Galla &
Family
4 4,311 0.7 1,710Amara Raja
Battery
Auto-
Ancillaries77 Hyderabad
166 -42Premchand
Godha4 4,310 0.7 (566)
IPCA
Laboratories
Pharmace
uticals69 Mumbai
167 -30 Rajiv Poddar 3 4,226 0.7 13 Balkrishna Tyres 30 Mumbai
168 37 Kishore Biyani 4 4,166 0.7 2,174Future
capital
Multi
Brand
Retail
54 Mumbai
169 -38TT
Jagannathan3 4,138 0.6 (515)
TTK
Prestige
Manufactu
ring67 Bangalore
170 NewAnand Suresh
Deshpande4 4,095 0.6 New
Persistent
Systems
Technolog
y54 Pune
171 New Rahul Sharma 4 4,070 0.6 New MicromaxMobile
phones40 Gurgaon
6F, Zhongrong Jasper Tower, 8 Yincheng Road, Shanghai 200120021-5010 5808 www.hurun.netPage 26 of 35
172 NewRajesh
Agarwal4 4,068 0.6 New Micromax
Mobile
phones51 Delhi
172 NewSumeet
Kumar4 4,068 0.6 New Micromax
Mobile
phones41 Delhi
172 New Vikas Jain 4 4,068 0.6 New MicromaxMobile
phones41 Delhi
175 New
Jai Hari
Dalmia &
Family
3 4,061 0.6 NewDalmia
Bharat
Manufactu
ring72 New Delhi
176 -19
MP
Ramachandra
n
5 4,038 0.6 641Jyothy
LaboratoriesFMCG 69 Mumbai
177 14 Motilal Oswal 4 4,019 0.6 1,644Motilal
Oswal
Financial
Services53 Mumbai
178 -36 Chandu Virani 5 4,015 0.6 22Balaji
Wafers
Food &
Beverages53 Rajkot
179 NewSanjay S
Lalbhai3 3,957 0.6 New Arvind Textiles - Ahmedabad
180 -20 Madhu Kapur 3 3,926 0.6 649 Yes BankFinancial
Services52 Mumbai
181 19
Chandramoga
n RG &
Family
5 3,836 0.6 1,684 Hatsun AgroFood &
Beverages66 Sivakasi
182 -26 Atul Ruia 3 3,795 0.6 376Phoenix
Mills
Real
estate44 Mumbai
183 -73Deepak
Babani4 3,745 0.6 (1,982) Eros
Media &
Entertainm
ent
- Dubai
184 -131Venugopal
Dhoot3 3,737 0.6 (7,127) Videocon Energy 64 Mumbai
185 -20 Priya Paul 3 3,668 0.6 668Appejay
SurenderHospitality 48 Kolkata
186 9Naresh
Trehan4 3,632 0.6 1,380
Medanta
MedicityHealthcare 69 New Delhi
187 -2Dinesh
Nandwana4 3,573 0.6 1,138
Vakranjee
Software
Technolog
y52 Mumbai
6F, Zhongrong Jasper Tower, 8 Yincheng Road, Shanghai 200120021-5010 5808 www.hurun.netPage 27 of 35
188 -4Kamal
Kishore Gupta3 3,549 0.6 1,054
Omkar
Realtors
Real
estate56 Mumbai
189 NewM Prabhakara
Rao3 3,544 0.6 New
Nuziveedu
SeedsAgriculture 57 Hyderabad
190 -49GV Bhaskar
Rao4 3,538 0.6 (510) Kaveri Seed Agriculture 63 Secunderabad
191 NewYadupati
Singhania3 3,508 0.6 New J K Cements
Manufactu
ring62 New Delhi
192 -94Lachman Das
Mittal3 3,486 0.5 (3,114) Sonalika
Manufactu
ring80 Hoshiarpur
193 NewKishore Lulla
& Family3 3,422 0.5 New
Eros
International
Media
TMT 55 Mumbai
193 NewVijay Ahuja &
Family3 3,422 0.5 New
Eros
International
Media
TMT 59 Mumbai
195 11 Jai R Shroff 4 3,376 0.5 1,391 Advanta Agriculture 40 Hyderabad
196 New Balram Garg 4 3,359 0.5 New PC Jeweller Jewellery 46 Delhi
197 NewVallabhbhai
Patel4 3,355 0.5 New Kiran Gems Jewellery 58 Mumbai
197 New Mavji Patel 4 3,355 0.5 New Kiran Gems Jewellery 52 Mumbai
197 New Babu Lakhani 4 3,355 0.5 New Kiran Gems Jewellery 56 Mumbai
200 -20
Ashok Kumar
Kajaria &
Family
4 3,228 0.5 594 Kajaria Ceramics 68 New Delhi
201 -23
Kochouseph
Chittilappilly &
Family
4 3,225 0.5 544 V guard FMCG 65 Kochi
202 -50Amit Jatia &
Family3 3,208 0.5 (252)
Westlife
Developmen
t
Hospitality 48 Mumbai
203 0Dhruv M
Sawheny & 4 3,174 0.5 1,139
Triveni
Turbines
Manufactu
ring66 New Delhi
6F, Zhongrong Jasper Tower, 8 Yincheng Road, Shanghai 200120021-5010 5808 www.hurun.netPage 28 of 35
Family
204 NewRanjit Puri &
Family4 3,105 0.5 New
Isgec Heavy
Engineering
Manufactu
ring76 Noida
205 -30 Raghav Bahl 4 3,092 0.5 262TV 18
Broadcast
Media &
Entertainm
ent
54 Noida
206 -19
MAM
Ramaswamy
& Family
3 3,068 0.5 668Chettinad
Cement
Manufactu
ring84 Chennai
207 -36Shahrukh
Khan5 3,060 0.5 139
Red Chillies
Entertainme
nt
Media &
Entertainm
ent
49 Mumbai
208 NewJahangir
Wadia3 2,996 0.5 New Go Air Aviation 45 Mumbai
209 -8Nimesh
Kampania4 2,945 0.5 796
JM
Financials
Financial
Services68 Mumbai
210 New
Nishita Shah
Federbush &
Family
3 2,914 0.5 NewPrecious
ShippingLogistics 36 Bangkok
211 -35
Mahendra
Mohan Gupta
& Family
5 2,906 0.5 85Jagran
Prakashan
Media &
Entertainm
ent
73 Kanpur
212 -30Shashi Kiran
Shetty4 2,896 0.5 358
Allcargo
LogisticsLogistics 58 Mumbai
213 -2
B
Soundararaja
n
5 2,838 0.4 935Suguna
Foods
Food &
Beverages54 Coimbatore
213 -2GB
Soundarajan5 2,838 0.4 935
Suguna
Foods
Food &
Beverages- Coimbatore
215 NewVijay Shankar
Sharma4 2,824 0.4 New Paytm
E-
Commerc
e
38 Delhi
216 1
Vishnubhai M
Patel &
Family
4 2,821 0.4 1,022Sadbhav
Engineering
Engineerin
g &
Constructi
on
73 Ahmedabad
217 -45Prithvi Raj
Singh Oberoi3 2,789 0.4 (120)
East India
HotelsHospitality 86 New Delhi
218 New Atul 3 2,779 0.4 New Kirsloskar Manufactu 60 Pune
6F, Zhongrong Jasper Tower, 8 Yincheng Road, Shanghai 200120021-5010 5808 www.hurun.netPage 29 of 35
Chandrakant
Kirloskar &
Brothers
Oil Engine ring
219 New
Vijay
Sankeshwar
& Family
4 2,740 0.4 NewVRL
LogisticsLogistics 66 Hubli
220 -97
Venkatachala
m Sthanu
Subramani
4 2,725 0.4 (2,173) Just Dial
E-
Commerc
e
- Mumbai
221 New
Kapil
Wadhawan &
Family
3 2,701 0.4 New
Dewan
Housing
Finance
Financial
Services42 Mumbai
222 -77 Rajiv Gupta 3 2,672 0.4 (1,192) MGFReal
estate69 New Delhi
223 New
Rajendra
Chandrakant
Gogri
4 2,614 0.4 NewAarti
IndustriesChemicals 57 Mumbai
224 NewParagon
Family5 2,603 0.4 New Paragon
Leather
Products- Kottayam
225 New
Ramprakash
V Bubna &
Family
4 2,593 0.4 NewSharda
CropchemChemicals 69 Mumbai
226 -43 Naresh Goyal 4 2,581 0.4 60 Jet Airways Aviation 66 Mumbai
227 -13
Sandeep
Pravinbhai
Engineer
3 2,569 0.4 727Astral Poly
TechPlastics 54 Ahmedabad
228 -93 Tulsi Tanti 4 2,537 0.4 (1,740) Suzlon Energy 58 Pune
229 New Russell Mehta 3 2,528 0.4 New Rosy Blue Jewellery 55 Mumbai
229 New Amit Bhansali 3 2,528 0.4 New Rosy Blue Jewellery 54 Antwerp
231 NewPadam chand
Gupta4 2,527 0.4 New PC Jeweller Jewellery 69 Delhi
232 -19Rahul
Dhanuka4 2,509 0.4 659
Dhanuka
AgritechChemicals 41 Gurgaon
6F, Zhongrong Jasper Tower, 8 Yincheng Road, Shanghai 200120021-5010 5808 www.hurun.netPage 30 of 35
233 New
K Sivalinkam
Mudaliar &
Family
3 2,459 0.4 NewChennai
SilksTextiles - -
234 -87Getamber
Anand4 2,456 0.4 (1,233) ATS
Real
estate- Noida
235 -48
Ramesh S
Ramakrishna
n
4 2,447 0.4 47 Transworld Logistics - Dubai
236 New
Bharat Hari
Singhania &
Family
3 2,438 0.4 New
JK
Organistatio
n
Diversified 77 New Delhi
237 -43 GSK Velu 4 2,430 0.4 135Trivitron
HealthcareHealthcare 47 Chennai
238 NewBhavish
Aggarwal4 2,385 0.4 New Ola cab
Technolog
y29 Mumbai
238 New Ankit Bhati 4 2,385 0.4 New Ola cabTechnolog
y28 Mumbai
240 -125Jaiprakash
Gaur4 2,363 0.4 (3,177)
JP
Associates
Infrastruct
ure84 New Delhi
241 NewPadmasingh
Isaac4 2,343 0.4 New
Aachi
MasalaFMCG 61 Chennai
242 -27Lachmandas
Pagarani4 2,324 0.4 524 Al Maya
Multi
Brand
Retail
84 Dubai
243 New Kunal Bhal 4 2,314 0.4 New Snapdeal
E-
Commerc
e
32 Delhi
244 -37 AM Arun 4 2,314 0.4 357Vasan Eye
CareHealthcare 46 Tiruchirappalli
245 New
Mohan Anand
Chandavarkar
& Family
3 2,279 0.4 New F D CPharmace
uticals80 Mumbai
246 -83 Abhay Firodia 3 2,263 0.4 (884)Force
Motors
Automobil
e70 Pune
247 New
Pralhad P
Chhabria &
Family
5 2,254 0.4 NewFinolex
industriesFMCG 86 -
6F, Zhongrong Jasper Tower, 8 Yincheng Road, Shanghai 200120021-5010 5808 www.hurun.netPage 31 of 35
248 -55Kunwer
Sachdev3 2,226 0.3 (74) Su Kam
Manufactu
ring49 New Delhi
249 NewVenkateswarl
u Jasti4 2,216 0.3 New
Suven Life
Sciences .Chemicals 67 Hyderabad
250 -52 PVN Raju 4 2,208 0.3 (12)Gland
Pharma
Pharmace
uticals- Hyderabad
251 New Sabu M Jacob 3 2,204 0.3 NewKitex
GarmentsFMCG 54 Kochi
252 New
Rashesh
Chandrakant
Shah
4 2,146 0.3 NewEdelweiss
Capital
Financial
Services53 Mumbai
253 -38Santosh
Joseph4 2,130 0.3 330 Dubai Pearl
Real
Estate- Dubai
254 NewGiridhar
Jaisinghani4 2,120 0.3 New Polycab FMCG 72 Delhi
254 NewInder
Jaisinghani4 2,120 0.3 New Polycab FMCG 63 Delhi
254 NewRamesh
Jaisinghani4 2,120 0.3 New Polycab FMCG 60 Delhi
254 NewAjay
Jaisinghani4 2,120 0.3 New Polycab FMCG 64 Delhi
258 NewRavinder
Kumar3 2,090 0.3 New DS FMCG 62 Noida
258 New Rajiv Kumar 3 2,090 0.3 New DS FMCG 53 Noida
258 New Puesh Kumar 3 2,090 0.3 New DS FMCG 48 Noida
258 New Ajay Kumar 3 2,090 0.3 New DS FMCG 49 Noida
258 New Atul Jain 3 2,090 0.3 New DS FMCG 51 Noida
263 -53
Nikhil Gadhi &
Bhavesh
Gandhi
4 2,063 0.3 134 PipavavManufactu
ring- Mumbai
6F, Zhongrong Jasper Tower, 8 Yincheng Road, Shanghai 200120021-5010 5808 www.hurun.netPage 32 of 35
264 NewSuresh G
Kare3 2,052 0.3 New
Indoco
Remadies
Pharmace
uticals77 Mumbai
265 -56 Karan Thapar 3 2,051 0.3 101Greaves
Cotton
Manufactu
ring58 Mumbai
266 -74Basant Kumar
Birla3 2,050 0.3 (294)
Century
TextileTextiles 94 Kolkata
267 -88 Rohtas Goel 4 2,029 0.3 (642)Omaxe
Realty
Real
Estate54 Delhi
268 New Arvind Dham 4 2,014 0.3 New Amtek autoAutomobil
e55 New Delhi
269 New
Nirmal
Bhanwarlal
Jain
4 1,989 0.3 NewIIFL
Holdings
Financial
Services49 Mumbai
270 -52 SP Oswal 3 1,974 0.3 211Vardhman
TextilesTextiles 71 -
271 -52 Hari Om Rai 4 1,951 0.3 354Lava
International
Mobile
Phones- New Delhi
271 New Sunil Bhalla 4 1,951 0.3 NewLava
International
Mobile
phones- Noida
271 NewShailendra
Nath Rai4 1,951 0.3 New
Lava
International
Mobile
phones55 Noida
271 New Vishal Segal 4 1,951 0.3 NewLava
International
Mobile
phones- Delhi
275 -98 Paul P john 4 1,930 0.3 (872)John
Distilleries
Food &
Beverages- -
276 -115Shobhana
Bhartia3 1,922 0.3 (1,340) HT
Media &
Entertainm
ent
58 New Delhi
277 New
KVP
Sadayandi
Moopanar
3 1,900 0.3 New Pothys Textiles - Chennai
278 New
Dinesh B
Patel & Amit
Patel
4 1,833 0.3 New Sintex Plastics 81 Kolol
279 New
Thomas
George
Muthoot
3 1,805 0.3 NewMuthoot
Fincorp
Financial
Services54 Kochi
6F, Zhongrong Jasper Tower, 8 Yincheng Road, Shanghai 200120021-5010 5808 www.hurun.netPage 33 of 35
280 New
NK
Ramanathan
& Family
3 1,793 0.3 New Nalli Textiles - Chennai
281 NewRajarathinam
Nadar3 1,782 0.3 New
Saravana
Stores
Multi
Brand
Retail
- Chennai
281 NewYogarathinam
Nadar3 1,782 0.3 New
Saravana
Stores
Multi
Brand
Retail
Dec
ease
d on
3
Sep
201
5
Chennai
283 New
Sanjay
Agarwal &
Family
4 1,777 0.3 NewCentury
Plyboard
Manufactu
ring55 Kolkata
284 NewShantilal J
Mehta4 1,774 0.3 New
Navkar
CorporationLogistics 63 Mumbai
285 -111
Prakash M
Sanghvi &
Family
3 1,763 0.3 (1,092)Ratnamani
SteelsSteel 57 -
286 -66
Bharat
Kanaiyalal
Sheth &
Family
3 1,754 0.3 252
Great
Eastern
Shipping
Manufactu
ring53 Mumbai
287 NewAvinash Jain
& Family4 1,754 0.3 New Arise India
Manufactu
ring45 Delhi
288 New
Sandeep
Parasrampuri
a
4 1,723 0.3 NewBest IT
World
Mobile
phones51 Mumbai
289 NewNaveen
Tewari4 1,683 0.3 New Inmobi
Technolog
y39 Bangalore
290 New Pranay Chulet 4 1,682 0.3 New QuikrTechnolog
y52 Mumbai
291 New
Ramasubrah
maneya
Rajha
3 1,681 0.3 NewRamco
Cements
Manufactu
ring80 Chennai
292 -180 Ajay Kalsi 4 1,656 0.3 (4,011) Indus Gas Energy 54 New Delhi
293 New Yerraguntla 4 1,642 0.3 New Celkon Mobile 41 Hyderabad
6F, Zhongrong Jasper Tower, 8 Yincheng Road, Shanghai 200120021-5010 5808 www.hurun.netPage 34 of 35
Guruswamy
NaiduImpex phones
294 NewDilip
Suryavanshi4 1,628 0.3 New Dilip Bildcon
Infrastruct
ure58 Bhopal
295 New
Arun Kumar
Gupta &
Family
3 1,607 0.3 New KRBL Agriculture 46 Noida
296 New
Sajjan
Bhajanka &
Family
4 1,599 0.3 NewCentury
Plyboard
Manufactu
ring63 Kolkata
6F, Zhongrong Jasper Tower, 8 Yincheng Road, Shanghai 200120021-5010 5808 www.hurun.netPage 35 of 35