RAKESH JHUNJHUNWALA

Rakesh Jhunjhunwala (born 5 July 1960) is an Indian investor and trader. He is a qualified Chartered accountant. He manages his own portfolio as a partner in his asset management firm, Rare Enterprises.Jhunjhunwala was described by India Today magazine as the "pin-up boy of the current bull run" and by Economic Times as "Pied Piper of Indian bourses".Rakesh Jhunjhunwala grew up in Mumbai, India where his father was posted as an income tax officer. He graduated from Sydenham College and thereafter enrolled at the Institute of Chartered Accountants of India where he qualified as a Chartered Accountant.Rakesh Jhunjhunwala plunged into full-time investing soon after completing his education. He started his career in 1985 when the BSE Sensex was at 150. He made his first big profit of Rs 0.5 million in 1986 when he sold 5,000 shares of Tata Tea at a price of Rs 143 which he had purchased for Rs 43 a share just 3 months prior. Between 1986 and 1989 he earned Rs 20-25 lakhs. His first major successful bet was iron mining company Sesa Goa. He bought 4 lakh shares of Sesa Goa in forward trading, worth Rs 1 crore and sold about 2-2.5 lakh shares at Rs 60-65 and another 1 lakh at Rs 150-175. The price rose to Rs 2200 and he sold some shares.

Let us first look at Mr.Jhunjhunwala’s portfolio. His portfolio is mainly comprised of Core and Non core holdings. Core holdings represent the stocks where he has invested a significant chunk of his portfolio and Non core represents the stocks where there is relatively lesser investment.

The Hard Numbers

Core Holdings

 

Name of Stock	Nos of shares held	Value as of 11.01.2013
Titan Ind	91550220	2470,94,04,378
CRISIL	5400000	548,18,10,000
Lupin	8678405	510,02,98,619
Karur Vysya	5629224	299,50,28,629
Rallis India	17607820	263,50,10,263
Geometric	12251250	137,21,40,000
Total Value Of Rakesh Jhunjhunwala Core Holding As On 11.01.2013		4229,36,91,889

Non-Core Holdings

Name of stock	Nos of shares	Value as on 11.01.2013
Delta Corp	15500000	1,184,200,000
NCC	21000000	1,155,000,000
A2Z Maintenance	16823351	947,154,661
Agro Tech Foods	1728259	879,338,179
VIP Industries	10077500	837,440,250
Hind Oil Explor	7272416	789,784,378
Praj Industries	15001624	737,329,820
Prime Focus	11395000	507,647,250
Geojit BNP	18000000	468,000,000
Bilcare	1735425	374,504,715
Sterling Holiday	2505000	270,665,250
Autoline Ind	1251233	170,230,250
Viceroy Hotels	6207566	154,258,015
Mcnally Bh Engg	1498349	150,434,240
Ion Exchange	875000	111,387,500
Zen Tech	900000	74,970,000
Pantaloon (DVR)	260589	45,329,457
Provogue	2010000	30,351,000
Alphageo	125000	5,675,000
Adinath Exim	166020	2,465,397
Total Value Of Rakesh Jhunjhunwala Non-Core Holdings As On 11.01.2013		889,61,65,360 ALL THIS HAPPENED WITH JUST 5000 RUPEES. HE PROVED EVERYTHING IS POSSIBLE IN LIFE.