How Rakesh Jhunjhunwala Turned His Fortune From Rs 5000 to Rs 16000 Crores? Here’s His Latest Portfolio

Rakesh Jhunjhunwala does not need any introduction. He is called the King of the Indian Stock Market. Rakesh Jhunjhunwala is also called Warren Buffet of India. Making money in the stock market is a very difficult task. But Rakesh Jhunjhunwala is one such person in India who has become the owner of around 16000 crore rupees by investing in the stock market with just 5000 rupees.

Rakesh Jhunjhunwala 

Rakesh Jhunjhunwala was born in the Marwari family of Mumbai in 1960, his father was an income tax officer. There was a lot of interest in the stock market, and used to talk about the stock with his friends. At the age of 14, Rakesh Jhunjhunwala asked his father, what is stock market? He said understanding the stock market is not so easy. Read the newspaper, in which information is given about new companies every day. Before investing money in the stock market, we should know about the fluctuations of the company’s stock. This was Rakesh’s first lesson on the stock market. With the gradual aging, Rakesh Jhunjhunwala’s interest also started increasing in the stock market. 

According to his father, Rakesh kept getting updated from different companies news and when he got good knowledge, he expressed his desire to enter the stock market, but his father immediately refused Rakesh Jhunjhunwala, he said, first complete your professional studies, then do the same as you would like. 

Rakesh Jhunjhunwala told his father that if he wants to make a career in the stock market, then his father told him some three to four things which he got very useful for him. Rakesh’s father told him to do what is fun. And do not come to me or my friends asking for money. He later completed his graduation in Economics and then in 1985 he became a Chartered Accountant.

The King of Stock Market travels from Rs 5000 to 16000 Crores

Rakesh Jhunjhunwala had completed his graduation, now it was time to enter the stock market, but that time he did not have enough money to invest. Rakesh Jhunjhunwala made his first investment with Rs 5000. The BSE Sensex was at 150 points.

Rakesh’s brother was practicing CA. And he had a client, he had a lot of capital and wanted good returns. 

In those days, there were 10% returns on bank deposits. So Rakesh said to that lady, I will give you a return of 18% per annum, thus Rakesh got 2.5 lakh rupees from that lady. Apart from that lady, Rakesh took Rs 5 lakh from another person. By doing this, he raised his initial capital.

But he made his first major profit in 1986, Rakesh Jhunjhunwala bought 5000 shares of Tata D Company for Rs 43. And sold it after 3 months at a rate of Rs 143. Due to which he earned a profit of Rs 51000.

He earned 25 lakhs from 1986-1989 even while doing so further. And the next few years later, his assets turned into crores, the biggest turning point of his career came from 2002 to 2003 when he bought 6 million shares of Titan Company for Rs 3 per share, later the value of that company’s share was Rs 390 per share. When the shares were done, Rakesh Jhunjhunwala made a profit of Rs 2100 crores. 

In the early days of his career, he had raised Rs 8,00,000 to Rs 10,00,000 by trading, after which the next two-three years proved to be very difficult. Then in 1988 he bought 2,50,000 shares of Sesa goa company at Rs 28 price and 2,50,000 shares were bought at Rs 35 price. Within 6 months after that, Sesa Goa’s share price had gone to Rs 65. 

Turning point of Rakesh Jhunjhunwala’s life 

In 1989, he was Mr texture Finance Minister in VP Singh’s government. And Mr. Madhu Dandavate’s budget became the turning point of Mr. Rakesh Jhunjhunwala’s life. Everyone, from the common investor to the big market players, everyone felt that Mr. Madhu Dandavate’s budget would be based not on business but on social things. So there was a fear in the market. 

Turning point of Rakesh Jhunjhunwala's life 
Turning point of Rakesh Jhunjhunwala’s life

And then on the budget day, exactly what Rakesh thought. Mr. Madhu Dandavate presented a very good budget. Which was very supportive of the business. Before the budget of Mr. Madhu Dandavate, Rakesh Jhunjhunwala’s net worth was 2 crores Rupees and after the budget he went from 40 to 50 crores Rupees. 

Rakesh Jhunjhunwala lost in stock 

It is not that he is always in profit, he has to face big losses as well, in December 2011, the price of the shares of the big companies which he invested in fell sharply and the invested lion also fell by 30%. But he made up his mind to recover the same loss in February 2012. And then there was loss in the time of demonetization.

Whatever went outside, we went through the journey of ups and downs and in today’s time Net Worth of Rakesh Jhunjhunwala is around 16000 crores. And today he is the 53th richest person in India. Rakesh Jhunjhunwala has only one key “Buy right and hold tight” because if you show your swiftness in the stock market then the loss is not sure. 

Rakesh Jhunjhunwala’s latest portfolio and holdings

Company Sector Quantity Held on 30-Sep-19 Percent Holding on Sep-19 Price on 30th Sep 2019 Last Price on 15-Jan-2020 Holding Value on 15-Jan-2020 Gain / Loss (%) Since 30th Sep 2019
Aptech Ltd. COMPUTERS 9668840 24.24% 156.55 173.5 1677543740 10.83%
The Mandhana Retail Ventures Ltd. RETAIL 2813274 12.74% 12.5 11.75 33055969.5 -6%
NCC Ltd. CONSTRUCTION 62333266 10.38% 55.1 60.05 3743112623.3 8.98%
Rallis India Ltd. PESTICIDES & AGRO CHEMICALS 18980820 9.76% 176.65 196.45 3728782089 11.21%
Bilcare Ltd. PACKAGING 1997925 8.48% 24.02 20.8 41556840 -13.41%
Agro Tech Foods Ltd. AUTO – TRACTORS 2003259 8.22% 581 678.2 1358610253.8 16.73%
Escorts Ltd. FINANCE – GENERAL 10000000 8.16% 27.3 29.4 294000000 7.69%
Geojit Financial Services Ltd. CONSTRUCTION 18037500 7.57% 169 198.85 3586756875 17.66%
Delta Corp Ltd. MISCELLANEOUS 20000000 7.38% 1272.8 1184.75 23695000000 -6.92%
Titan Company Ltd. EDIBLE OILS & SOLVENT EXTRACTION 57751220 6.51% 483.15 724 41811883280 49.85%
Autoline Industries Ltd. AUTO ANCILLARIES 1751233 6.48% 40.9 24.75 43343016.75 -39.49%
Crisil Ltd. MISCELLANEOUS 3965000 5.48% 1370.75 1807.5 7166737500 31.86%
VIP Industries Ltd. ENGINEERING 7500400 5.31% 691.25 937.05 7028249820 35.56%
Ion Exchange (India) Ltd. PLASTICS 775000 5.29% 479.75 454.45 352198750 -5.27%
Multi Commodity Exchange of India Ltd. BANKS 2000000 3.92% 960.25 1376.9 2753800000 43.39%
Jubilant Life Sciences Ltd. MISCELLANEOUS 5500000 3.45% 504.1 546.55 3006025000. 8.42%
Anant Raj Ltd. BANKS 10000000 3.39% 90.4 91 910000000 0.66%
Federal Bank Ltd. COMPUTERS 60721060 3.11% 46.95 43.05 2614041633 -8.31%
Firstsource Solutions Ltd. CONSTRUCTION 21470000 3.1% 33.55 39.25 842697500 16.99%
TV18 Broadcast Ltd. NBFC 44560000 2.6% 38.7 16.8 748608000 -56.59%
Dewan Housing Finance Corporation Ltd. CONSTRUCTION 7720000 2.46% 7.82 10.9 84148000 39.39%
DB Realty Ltd. CONSTRUCTION 5000000 2.06% 16.4 20.85 104250000 27.13%
Prozone Intu Properties Ltd. PHARMACEUTICALS 3150000 2.06% 715.35 751.15 2366122500 5%
Spicejet Ltd.
MEDIA & ENTERTAINMENT 10000000 1.67% 23.9 27.05 270500000 13.18%
Fortis Healthcare Ltd. PHARMACEUTICALS 12500000 1.66% 135.05 143.1 1788750000 5.96%
Lupine Ltd. PHARMACEUTICALS 7070605 1.56% 504.1 546.55 3864439162.75 8.42%
Prakash Pipes Ltd. DIVERSIFIED 312500 1.53% 47.5 62.1 19406250 30.74%
Prakash Industries Ltd. TRANSPORT & LOGISTICS 2500000 1.46% 125.15 104.4 261000000 -16.58%
Orient Cement Ltd. CEMENT 2500000 1.22% 89.75 85.85 214625000 -4.35%
Man Infraconstruction Ltd. CONSTRUCTION 3000000 1.21% 20.2 31.25 93750000 54.7%
Edelweiss Financial Services Ltd. NBFC 10000000 1.07% 94.9 108.95 1089500000 14.81%
Karur Vysya Bank Ltd. BANKS – PRIVATE SECTOR 33583516 4.21% 59.85 57.2 1920977115.2 -4.43%

Rakesh Jhunjhunwala’s advice on stock market 

Rakesh Jhunjhunwala founded Rare Enterprises. Mr. Rakesh never regrets his mistakes but learns from them. He believes that investing is the only way to learn and he gets experience and expresses mistakes.

Stock market is supreme

According to him, the stock market is supreme and the market is never right or wrong, if it is right or wrong, then it is you, so whenever you make a mistake, then accept that mistake. Learn from that mistake and go ahead. If you do not accept your mistake then you will never be able to learn. Mr. Rakesh Jhunjhunwala is known for his long-term goals but he is also an active trader. He made his base in his career starting from trading. 

Trading keeps us alert

According to him, trading always keeps him alert. Mr. Rakesh Jhunjhunwala has found many multibagger shares in his career Crisil, Praj Industries, Titan etc. He has always believed in India’s growth story. He is not emotionally attached to any stock and gives the same message to others. And buy only to sell stock.

Hold the stocks

If they feel that any stock is best for holding for a long time, then hold for the long term. Mr. Rakesh Jhunjhunwala did not make the stock market his career because one day he had to become a big wealth traitor, and to become popular, rather he made the stock market his profession because he is very passionate about the stock market. And they enjoy it.

Investing is the best profession

According to him, investing is the best profession in the world. Mr. Rakesh Jhunjhunwala also known as Warren Buffett of India. He considers Radhakishan Damani as his mentor and Rakesh Jhunjhunwala is India’s Most Famous Stock Market Investor today. On 5 July 2020 on his birthday, he has decided to donate 25% of its entire wealth.

Apart from being an investor, Rakesh Jhunjhunwala is also the chairman of Aptech ltd And Hungama Digital Media. And he has also produced many Indian films.

Rakesh Jhunjhunwala has achieved that position on the strength of his hard work and ability. He does not need any introduction. His life is an inspiration to all of us.