Ashish Kacholia (Investor) Wiki, Age, Wife, Children, Caste, Family, Biography & More

Ashish Kacholia is a famous Indian entrepreneur and stock market investor. In 1999, Ashish Kacholia and Rakesh Jhunjhunwala together started Hungama Digital. He founded his own business, Lucky Securities, in 2003. Ashish Kacholia is famous for investing in a wide range of industries in India including hotels, education, infrastructure and industrial sectors.

Wiki/Biography

Ashish Ramesh Kacholia was born in Mumbai, India. He is around 50 years old; By 2023. After completing his schooling, he joined Jamnalal Bajaj Institute of Business Studies (JBIMS), Mumbai to pursue a Bachelor of Science degree in Production Engineering. Later, he earned a Master of Business Administration degree from JBIMS.

Physical Appearance

Height (Approx): 5′ 10″

Hair Color: Bald

Eye colour: black

Family

parents and siblings

His father, Ramesh Kacholia, is a well-known Mumbai businessman, philanthropist and social worker.

A picture of Ramesh Kacholia, father of Ashish Kacholia

A picture of Ramesh Kacholia, father of Ashish Kacholia

His mother’s name is not known.

wife and children

On 27 April 2009, Ashish Kacholia married Sushmita Ashish Kacholia. He is a stock market investor and social activist.

A picture of Ashish Kacholia's wife Shushmita Kacholia

A picture of Ashish Kacholia’s wife Sushmita Kacholia

The couple have three children.

Caste

He belongs to Marwari community.

livelihood

stock marketing

Ashish Kacholia started his career at Prime Securities and had a short stint at Edelweiss Capital before founding Lucky Securities in 2003. Initially, Kacholia was a small investor who mainly invested in stocks. However, over time, he developed a strong ability to identify promising companies with significant growth potential in the stock market.

See also  Sharon Palmer- Wiki, Age, Height, Husband, Net Worth, Ethnicity

Young Ashish Kacholia posing with a group of underprivileged children

Young Ashish Kacholia posing with a group of underprivileged children

Kacholia is an investment expert and serves as an inspiration to many newcomers who want to succeed in the stock market. He is said to have a talent for identifying stocks with immense growth potential. Two notable companies he founded in 2012 and 2016 are Ajanta Pharma and Mastech Limited, respectively. Whenever Kacholia adjusts his holdings or adds shares to his portfolio, it attracts significant attention from market participants. He has invested in well-known companies like Atul Auto, Majesco, KPIT Technologies, Polycab India and others.

polycab india logo

polycab india logo

Kacholia is a successful Indian investor who achieved remarkable returns on investment of over 2000% in Bodal Chemicals Limited from 2013 to 2018. Once, Ashish Kacholia experienced 400% returns within nine months on his investment in Majesco, an insurance technology company. , In the same year, his portfolio increased by 150%, making him the richest investor in India that year. In November 2020, he reportedly held 1.4% shares of Paushak Limited. When the price of this share increased to Rs. At Rs 8,067 per share in December 2020, he got 100% return on his shares in a month.

Logo of Paushak Limited

Logo of Paushak Limited

During the third quarter of 2021, Ashish Kacholia invested in Igarashi Motors and acquired a 1.27% ownership stake in the company. According to media reports, he bought 3,99,550 shares of the company, worth Rs. 14 crores. In December 2021, he invested in Genesis International Corporation. Shares of this company gave returns ranging from 170% to 500% in 2021.

See also  Martin Donovan- Wiki, Age, Height, Net Worth, Wife, Ethnicity

Logo of Genesis International Corporation Limited

Logo of Genesis International Corporation Limited

Ashish Kacholia holds 2.82% shares in Finotax Chemicals. In 2013, Finotax stock was trading at Rs 2.35; And in May 2023, it is more than Rs 300. As of 2023, Ashish Kacholia has invested in more than 40 well-known companies with high valuations. In 2023, he founded Acrysil Ltd. 3.75% in NIIT Ltd. Invested 2.24% in, both of which are major companies. During the same year, the value of his shares in Acrisil Limited was approximately Rs. 71 crore, while the value of his shares in NIIT Ltd. is approximately Rs. 141 crores. As per his portfolio, Ashish Kacholia focuses on finding promising investment opportunities in small and mid-cap companies. He has stable financial stake in Poly Medicure Limited, Shelly Engineering Plastics Limited, Safari Industries (India) Limited and many other reputed publicly traded companies.

Ashish Kacholia at work

Ashish Kacholia at work

Philanthropist and social worker

Apart from being a private investor, Ashish Kacholia is also known for his philanthropic activities. He is associated with Caring Friends, a Mumbai-based non-profit organization as an individual donor. Caring Friends was founded by his father, Ramesh Kacholia, in 2002. Ramesh Kacholia is a respected philanthropist in India and provides support to more than 40 NGOs including Snehalaya.

Ashish Kacholia (middle) with his father (left)

Ashish Kacholia (middle) with his father (left)

portfolio

As of June 30, 2023, it has been revealed that Ashish Kacholia holds 40 publicly owned securities worth more than Rs. 2,009.7 crores.

net worth

As of June 23, 2023, as per Indian corporate shareholding report, Ashish Kacholia’s net worth is around Rs. 2,036 crores.

See also  Brandi Brandt wiki, Wikipedia, Nikki Sixx Wedding, Net Worth, Facebook

Facts/General Knowledge

  • He is also known as the Big Whale of Dalal Street.
  • According to media reports, Ashish Kacholia is a big fan of Warren Buffett. According to Kacholia, when it comes to investing, one of the most important aspects is the management of the company. They believe that their ability to execute plans plays a vital role in determining the success of the organization. Kacholia also argues that companies that can adapt to changing market trends and customer preferences are more likely to achieve long-term success.
    A photo of American business magnate, investor and philanthropist Warren Buffett

    A photo of American business magnate, investor and philanthropist Warren Buffett

  • Ashish Kacholia likes to live a simple life and does not attract public attention. Once in a media interview he had told that he is a private person. They said,

    I am a private person. Bullish markets make heroes and bearish markets make zeroes. Therefore, I would prefer to remain anonymous.”

Categories: Biography
Source: vcmp.edu.vn

Leave a Comment