PERSONAL INFORMATION
Full name: Ashish Ramesh Kacholia [1] The Economic Times
Name earned: Big Whale of Dalal Street [2] The Economic Times
Profession(s): Businessman and Investor
Famous for: His excellent skills to identify multi-bagger stock.
Age (as of 2023): He is in his 50s [4] The Economic Times
Birthplace: Mumbai, India
Nationality: Indian
Hometown: Mumbai, India
Caste: Marwari [6] Vinayak Lohani
Marriage date: 27 April 2009
Profession: Businessperson
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EDUCATION
College/University: Jamnalal Bajaj Institute of business Studies (JBIMS), Mumbai
Educational Qualifications[5]Zee News: • Bachelor of Science in Production Engineering • Master of Business Administration
PHYSICAL STATISTICS
Height (approx.): in centimeters – 177 cm in meters – 1.77 m in feet & inches – 5’ 10”
Eye Colour: Black
Hair Colour: Bald
FAMILY & RELATIONSHIPS
Marital Status: Married
Wife/Spouse: Sushmita Ashish Kacholia (stockmarket investor)
Children: He has three children.
Parents: Father – Ramesh Kacholia (businessman, philanthropist, social worker) Mother – Name Not Known
Wife: Sushmita Kacholia
MONEY FACTOR
Net Worth (approx.): Rs. 2,036 crores [7] Zee News
OTHER INFORMATION
Portfolio: According to corporate shareholdings disclosed for 30 June 2023, Ashish Kacholia publicly owns 40 securities with a net worth of over Rs. 2,009.7 crores. [3] Trendlyne
INTERESTING BACKGROUND INFORMATION
Ashish Kacholia, an esteemed Indian businessman and stock market investor, has made a significant mark in the financial landscape of India. In 1999, he co-founded Hungama Digital alongside the renowned investor Rakesh Jhunjhunwala, a venture that laid the groundwork for his future successes. By 2003, Kacholia had established his own company, Lucky Securities, marking a pivotal transition in his career. His investment strategy is diverse, encompassing various sectors such as hotels, education, infrastructure, and industrial companies, showcasing his ability to identify promising opportunities across a broad spectrum of industries.
Kacholia’s journey in the investment world began with Prime Securities, and he briefly honed his skills at Edelweiss Capital before founding Lucky Securities. Initially starting as a small investor, he diligently focused on stock investments, gradually refining his expertise to detect potential high-growth companies. Over the years, he has gained a reputation for his acute insight into the stock market, often drawing comparisons to his idol, Warren Buffett. Kacholia emphasizes the paramount importance of a company’s management in determining success; he believes that effective leadership is crucial for navigating ever-evolving market dynamics and meeting customer demands.
As a respected figure in the investment community, Ashish Kacholia has become a role model for aspiring investors looking to emulate his success in the stock market. His remarkable talent for identifying multi-bagger stocks is well-documented, with notable investments in Ajanta Pharma and Mastek Limited, discovered in 2012 and 2016, respectively. Market participants closely monitor his moves, as any changes in his portfolio can signal significant trends. Kacholia has also achieved impressive returns on his investments, including a staggering 2000% return from Bodal Chemicals Ltd. between 2013 and 2018, and a remarkable 400% return in just nine months from Majesco, an Insurance Technology Company. Such achievements highlight his acumen and strategic foresight.
Despite his success, Kacholia prefers a low-key lifestyle and generally shuns the limelight. He has openly described himself as a private person, highlighting the unpredictable nature of the stock market: “Bull markets create heroes and bear markets create zeroes. So, I’d rather stay anonymous.” As of 2023, Kacholia boasts a diverse portfolio of over 40 high-valued equities, including significant stakes in Acrysil Ltd. and NIIT Ltd. His investments in these companies reflect his keen eye for small and mid-cap opportunities, earning him substantial returns and solidifying his reputation as a savvy investor.
In addition to his prowess in the financial arena, Ashish Kacholia is also a dedicated philanthropist. He is actively involved in Caring Friends, a non-profit organization founded in 2002 by his father, Ramesh Kacholia, a notable philanthropist. Together, they support numerous NGOs and charitable initiatives, reflecting their commitment to social responsibility. Through his investments and philanthropic endeavors, Ashish Kacholia continues to influence both the financial and social landscapes in India, embodying the spirit of an investor who not only seeks personal success but also strives to uplift the community around him.
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Note: All biographical information compiled from publicly available sources.