INDIAS UPER RICH

The Rich List 2013

Rank
2012

Individual / Family

Companies

Promoter Worth (Rs crore)

Absolute
Difference

%
Change

DOLLAR BILLIONAIRES^

Rank
2013

Rank
2012

Individual / Family

Companies

Promoter Worth (Rs crore)

Absolute
Difference

%
Change

DOLLAR BILLIONAIRES

PROMOTER WORTH > Rs 55,000 CRORE ($10 BILLION & ABOVE)

33

28

Sudhir & Samir Mehta & family

Torrent Power, Torrent Pharma, Torrent Cables15

7,777.37

8,889.93

-1,112.56

-12.51

34

32

G.V. Prasad, S. Reddy & family

Dr Reddys Laboratories

7,668.89

7,635.67

33.22

0.44

Mukesh Ambani & family

Reliance Industries, Reliance Industrial Infra

1,13,479.00

1,09,835.52

3,643.48

3.32

Anil Agarwal & family

Hindustan Zinc, Sterlite Industries, Sesa Goa1

88,558.39

66,338.69

22,219.70

33.49

35

48

Vivek Chand Sehgal & family

Motherson Sumi Systems

7,448.72

4,700.51

2,748.21

58.47

-0.49

36

41

Brij Bhushan Singal & family

Bhushan Steel

7,260.01

5,980.64

1,279.37

21.39

-13.28

37

31

Malvinder, Shivinder S. & family

Fortis Healthcare, Religare Enterprises

6,948.81

7,966.21

-1,017.40

-12.77

38

33

Hinduja family

Ashok Leyland, IndusInd Bank,Gulf Oil Corpn 17

6,817.34

7,452.78

-635.44

-8.53

39

OB

Murali K. Divi & family

DiviS Laboratories

6,809.38

5,306.91

1,502.47

28.31

40

35

Vikas Ranvir Oberoi & family

Oberoi Realty

6,622.02

6,918.28

-296.26

-4.28

Azim Premji & family

84,277.31

Wipro

75,962.31

Sunil Mittal & family

Bharti Airtel, Bharti Infratel

Kumar Mangalam Birla & family

Aditya Birla Nuvo, Idea Cellular, Aditya Birla Chem.

Dilip Shanghvi & family

Sun Pharma & Sun Pharma Advanced Research

84,688.19
87,592.96

-410.88
-11,630.65

67,786.49

60,881.37

6,905.12

11.34

55,774.92

38,600.55

17,174.37

44.49

PROMOTER WORTH > Rs 27,500 CRORE AND < Rs 54,999 CRORE ($5 - $9.99 BILLION)
7

10

Gautam S. Adani & family

Adani Enterprises,Adani Ports &SEZ, Adani Power

45,333.44

57,181.00

-11,847.56

-20.72

Rahul Bajaj & family

Bajaj Auto, Bajaj Electricals, Bajaj Finance3

42,115.13

37,077.35

5,037.78

13.59

Savitri Jindal & family

JSW Steel , Shalimar Paints , Jindal Steel & Power4

35,112.11

48,884.09

-13,771.98

-28.17

16

41

47

Ajay Piramal & family

Piramal Enterprises

6,079.50

4,962.25

1,117.25

22.52

42

39

Shyam Hari Bhartia & family

India Glycols, Jubilant Life Sciences, Jubilant Inds18

6,061.43

6,306.42

-244.99

-3.88

43

54

Glenn Saldanha & family

Glenmark Pharmaceuticals

6,051.97

4,017.59

2,034.38

50.64

44

27

G.M. Rao & family*

GMR Infrastructure, Parrys Sugar Industries

6,038.39

8,903.43

-2,865.04

-32.18

5,422.90

3,765.65

1,657.25

44.01

10

11

Keshub Mahindra & family

Mahindra & Mahindra, Tech Mahindra 5

35,059.12

28,818.30

6,240.82

21.66

11

14

Shiv Nadar & family

HCL Tech & HCL Infosystems

34,791.51

21,811.15

12,980.36

59.51

RUPEE BILLIONAIRES

12

12

K.P. Singh & family

DLF

31,321.16

26,896.28

4,424.88

16.45

PROMOTER WORTH > Rs 1,000 CRORE AND < Rs 5,499 CRORE

13

14

15

Anil Ambani & family

Reliance Broadcast Network ,Reliance Power

29,255.60

51,346.52

-22,090.92

-43.02

45

55

M.G. George Muthoot

Muthoot Finance

Adi Godrej & family

Godrej Consumer Products, Godrej Industries7

27,588.45

20,716.24

6,872.21

33.17

46

40

Nusli Wadia & family

Britannia Industries, Bombay Dyeing

5,252.39

5,981.27

-728.88

-12.19

47

143

Raghav Bahl & family

Network 18 Media,TV18 Broadcast, Infomedia

5,109.04

931.50

4,177.54

448.47

PROMOTER WORTH > Rs 5,500 CRORE AND < Rs 27,499 CRORE ($1 - $4.99 BILLION)

19

15

16

Uday Kotak & family

Kotak Mahindra Bank

21,866.30

18,209.14

3,657.16

20.08

48

51

Qimat Rai Gupta & family

Havells India

4,980.40

4,392.54

587.86

13.38

16

18

Vijay Mallya & family

United Spirits, Kingfisher Airlines8

20,557.70

13,816.40

6,741.30

48.79

49

49

Family of late T.V.S. Iyengar

TVS Motor, Wheels India, Sundaram Finance20

4,545.71

4,560.38

-14.67

-0.32

17

13

Brijmohan Lall Munjal & family

Hero MotoCorp ,Majestic Auto, Munjal Showa9

16,423.76

21,931.37

-5,507.61

-25.11

50

58

Venugopal N. Dhoot & family

Videocon Inds, Value Inds, Trend Elect., Dhoot Ind. Fin

4,507.77

3,589.68

918.09

25.58

18

19

Anand Burman & family

Dabur India

16,401.31

12,733.30

3,668.01

28.81

51

61

Anu Aga & family

Thermax

4,200.15

3,429.47

770.68

22.47

19

45

Habil Khorakiwala & family

Wockhardt

16,163.82

5,192.94

10,970.88

211.27

52

67

Prathap C. Reddy

Apollo Hospitals Enterprise & Indraprastha Medical

4,136.76

3,008.45

1,128.31

37.50

20

23

Subhash Chandra & family

Zee Entertainment Enterprises, Dish TV India 10

14,794.20

10,609.47

4,184.73

39.44

53

62

Rana Kapoor & family

Yes Bank

3,953.05

3,388.07

564.98

16.68

21

22

Desh Bandhu Gupta & family

Lupin

13,185.01

11,101.57

2,083.44

18.77

54

68

Siddhartha Lal & family

Eicher Motors

3,792.00

2,955.58

836.42

28.30

22

20

Pankaj Patel & family

Cadila Healthcare & Zydus Wellness

12,583.86

12,718.08

-134.22

-1.06

55

78

Naresh Goyal & family

Jet Airways (India)

3,568.75

2,254.73

1,314.02

58.28

23

24

Kalanithi Maran

Sun TV Network, SpiceJet

12,507.03

9,954.04

2,552.99

25.65

56

44

Baba Kalyani & family

Bharat Forge, Kalyani Investment, Kalyani Forge21

3,560.21

5,360.85

-1,800.64

-33.59

24

17

Jaiprakash Gaur & family

Jaiprakash Associates & Jaiprakash Power Ventures

11,446.81

16,233.22

-4,786.41

-29.49

57

66

Kirloskar family

Kirloskar Ferrous Inds, Kirloskar Industries22

3,465.06

3,081.10

383.96

12.46

25

25

Y.K. Hamied & family

Cipla

10,992.36

8,999.03

1,993.33

22.15

58

69

Kiran Mazumdar-Shaw & family

Biocon

3,348.04

2,900.02

448.02

15.45

26

21

M.V. Murugappan & family

EID-Parry (India), Cholamandalam Inv. & Finance11

9,502.20

11,121.18

-1,618.98

-14.56

59

76

Shishir Bajaj & family

Bajaj Hindusthan, Bajaj Corp

3,306.62

2,362.01

944.61

39.99

3,224.30

1,632.69

1,591.61

97.48

3,112.43

3,476.79

-364.36

-10.48

27

38

B.K. Parekh & family

Vinyl Chemicals India, Pidilite Industries

9,458.34

6,386.26

3,072.08

48.10

60

101

Mehul Choksi & family

Gitanjali Gems

28

34

B.G. Bangur & family

Shree Cement

9,158.79

7,213.70

1,945.09

26.96

61

60

Ramesh C Agarwal & family

DB Corp

29

30

Shashi, Ravi Ruia & family

Essar Ports, Essar Oil, Essar Securities12

8,746.55

8,369.85

376.70

4.50

62

65

Janardan Agarwal & family

Bombay Rayon Fashions

3,110.04

3,125.71

-15.67

-0.50

30

26

Rajan Raheja & family*

Exide Inds, Prism Cement, Hathway Cable & Datacom13

8,543.19

8,924.17

-380.98

-4.27

63

50

Gautam Thapar & family

Crompton Greaves, Ballarpur Industries

3,069.71

4,533.89

-1,464.18

-32.29

31

37

Harsh Mariwala & family

Marico

8,174.14

6,731.14

1,443.00

21.44

64

57

Ramesh Chandra & family

Unitech

2,972.65

3,636.75

-664.10

-18.26

32

29

R. Thyagarajan & family

Shriram Transport Fin. Co, Shriram EPC14

7,945.46

8,488.99

-543.53

-6.40

65

89

P.R.R. Rajha & family

Madras Cements, Ramco Industries23

2,956.78

1,931.20

1,025.58

53.11

Footnotes on page 99; methodology on page 85; *including stake in equity market

86 | BW | BUSINESSWORLD | 17 June 2013

Super Rich Table1.indd 87

Source: Ace Equity

Footnotes on page 99; methodology on page 85; *including 5% stake in Karur Vyasa Bank; OB: featured in the other billionaires list last year

Source: Ace Equity

17 June 2013 | BW | BUSINESSWORLD | 87

5/23/2013 9:56:46 PM

INDIAS

UPER RICH

The Rich List 2013

Rank
2012

Individual / Family

Companies

Promoter Worth (Rs crore)

Absolute
Difference

%
Change

RUPEE BILLIONAIRES

Rank
2013

Rank
2012

Individual / Family

Companies

Promoter Worth (Rs crore)

Absolute
Difference

%
Change

RUPEE BILLIONAIRES

66

70

Family of late T.T. Krishnamachari

TTK Healtcare & TTK Prestige

2,955.00

2,693.41

261.59

9.71

102

DNF

Ajit Agarwal & family

Responsive Industries

1,461.91

1,382.89

79.02

5.71

67

80

Rajju Shroff & family

United Phosphorus, Advanta India & Uniphos Entrps

2,641.05

2,175.14

465.91

21.42

103

94

Dinesh Shahra & family

Ruchi Soya Inds, Anik Industries30

1,454.38

1,886.25

-431.87

-22.90

68

53

Devendra Kumar Jain & family

Inox Leisure & Gujarat Fluorochemicals

2,569.64

4,144.76

-1,575.12

-38.00

104

95

C.K. Somany & family

Hindusthan National Glass & Inds , Orient Bell31

1,427.56

1,804.05

-376.49

-20.87

69

84

Ashokkumar Ruia & family

Phoenix Mills

2,552.12

2,002.62

549.50

27.44

105

88

P.R.S. Oberoi & family

EIH & EIH Associated Hotels

1,367.10

1,949.83

-582.73

-29.89

70

93

M.A.M. Ramaswamy & family

Chettinad Cement Corpn.

2,508.21

1,891.66

616.55

32.59

106

163

Samer Manchanda & family

Den Networks

71

117

Ramachandra N. Galla & family

Amara Raja Batteries

2,411.79

1,301.90

1,109.89

85.25

107

105

Harsh V. Lodha & family

Birla Corpn, Universal Cables, Birla Precision Tech32

72

52

Dattaraya Mhaisker & family

IRB Infrastructure Developers

2,372.21

4,181.42

-1,809.21

-43.27

108

130

Satyanarayan Nuwal & family

73

63

Arvind Dham & family

Ahmednagar Forgings, Amtek India & Amtek Auto

2,356.88

3,310.02

-953.14

-28.80

109

97

Pradeep Kumar Jain & family

74

73

Nikhil Gandhi & family

Pipavav Defence and Offshore Engineering

2,350.18

2,392.10

-41.92

-1.75

110

166

Gaur Hari Singhania & family

JK Cement & Jaykay Enterprises

75

92

P.V. Ramprasad Reddy & family

Aurobindo Pharma

2,329.97

1,895.42

434.55

22.93

111

123

Family of late K.M. Mammen

MRF

76

102

B.L. Taparia & family

Supreme Industries & Supreme Petrochem

2,317.39

1,575.24

742.15

47.11

112

131

77

100

Analjit Singh & family

Max India

2,314.10

1,651.96

662.14

40.08

113

DNF

78

NA

Sanjiv Goenka & family*

CESC, Phillips Carbon, Saregama, Firstsource24

2,312.47

NA

NA

NA

114

79

75

Rohtas Goel & family

Omaxe

2,306.19

2,365.75

-59.56

-2.52

115

1,348.00

772.80

575.20

74.43

1,343.14

1,517.57

-174.43

-11.49

Solar Industries (India)

1,337.39

1,082.90

254.49

23.50

Parsvnath Developers

1,242.72

1,755.91

-513.19

-29.23

1,237.26

750.43

486.83

64.87

1,183.75

1,139.14

44.61

3.92

Ashok Sarin & family

Anant Raj Inds.

1,157.08

1,069.10

87.98

8.23

Dinesh Nandwana

Vakrangee Software

1,155.43

966.01

189.42

19.61

138

Family of late Hari S. Singhania

JK Tyre & Inds, JK Paper , JK Sugar, JK Agri Genetics33

1,148.14

993.62

154.52

15.55

148

S.P. Oswal & family

Vardhman Textiles,Vardhman Holdings

1,147.91

870.30

277.61

31.90

80

79

Chandru L. Raheja & family

Shoppers Stop

2,261.08

2,180.39

80.69

3.70

116

NL

S.G. Zaveri

Tribhovandas Bhimji Zaveri

1,134.63

NA

NA

NA

81

83

Kishore Biyani & family

Future Retail (India) -B-DVR, Future Capital25

2,195.96

2,049.20

146.76

7.16

117

141

Mohan A. Chandavarkar & family

FDC

1,128.88

958.60

170.28

17.76

82

96

Sunder Genomal & family

Page Industries

2,130.24

1,793.66

336.58

18.76

118

113

Rishi Agarwal & family

ABG Shipyard & ABG Infralogistics

1,123.86

1,352.07

-228.21

-16.88

83

86

P.N.C. Menon & family

Sobha Developers

2,074.28

1,963.47

110.81

5.64

119

90

B.G. Raghupathy & family

BGR Energy Systems

1,105.90

1,912.93

-807.03

-42.19

2,026.95

2,316.45

-289.50

-12.50

120

251

Mannalal B. Agrawal & family

Ajanta Pharma

1,099.92

374.56

725.36

193.66

1,931.53

2,993.01

-1061.48

-35.47

121

74

Tulsi Tanti & family

Suzlon Energy

1,078.75

2,372.49

-1293.74

-54.53

84

77

85

DNF

Krishna Kumar Modi & family

Godfrey Phillips India

Saurabh Kumar Tayal & family

Jaybharat Textiles & Real Estate

86

103

B.M. Khaitan & family

Mcleod Russel, MCnally Bharat Engg, Eveready Inds26

87

1,920.40

1,566.94

353.46

22.56

122

213

G.V. Bhaskar Rao & family

Kaveri Seed Company

1,065.58

517.74

547.84

105.81

87

Rajesh Mehta & family

Rajesh Exports

1,914.89

1,952.07

-37.18

-1.90

123

119

Shashi Kiran Shetty & family

Allcargo Global Logistics

1,052.60

1,231.68

-179.08

-14.54

88

91

Mahendra M. Gupta & family

Jagran Prakashan

1,894.79

1,900.00

-5.21

-0.27

124

126

Ravi and Bharat Sheth & family

Great Eastern Shipping Company

1,045.11

1,108.78

-63.67

-5.74

89

82

Onkar Kanwar & family

Apollo Tyres & PTL Enterprises

1,880.36

2,056.70

-176.34

-8.57

125

DNF

K.S. Dhingra & family

Berger Paints India

1,040.09

569.92

470.17

82.50

90

81

Bhadresh K. Shah & family

AIA Engineering & Welcast Steels

1,871.42

2,130.51

-259.09

-12.16

126

172

Chirayu R. Amin & family

Alembic Pharmaceuticals, PaushakAlembic

1,021.66

688.81

332.85

48.32

91

99

Kamal Khetan & family

Sunteck Realty

1,865.77

1,688.74

177.03

10.48

127

108

B.K. Goenka & family

Welspun Corp, Welspun Syntex, Welspun Projects34

1,015.01

1,499.61

-484.60

-32.31

128

120

Sanjay S. Lalbhai bros & family

Arvind, Atul, Arvind Products & Amal

1,002.98

1,224.80

-221.82

-18.11

92

64

L. Rajagopal & family

Lanco Industries, Lanco Infratech

1,813.43

3,167.39

-1353.96

-42.75

93

152

M.P. Ramachandran & family

Jyothy Laboratories

1,752.18

847.38

904.80

106.78

94

116

Ravi Puravankara & family

Puravankara Projects

1,736.62

1,322.88

413.74

31.28

129

115

Thapar family

JCT Electronics, JCT, Greaves Cotton, Waterbase35

976.25

1,325.20

-348.95

-26.33

95

71

B.C. Jindal & family

Jindal Drilling, Jindal Poly Films & Jindal Photo27

1,701.88

2,629.56

-927.68

-35.28

130

135

K.K. Bangur & family

Graphite India

969.32

1,015.21

-45.89

-4.52

96

104

Dharaprasad R. Poddar & family

Balkrishna Industries, Siyaram Silk Mills

1,683.22

1,523.30

159.92

10.50

131

194

Achal Bakeri & family

Symphony

945.47

598.13

347.34

58.07

97

118

Basant Kumar Birla & family

Century Textiles, Century Enka, Mangalam Cement28

1,552.79

1,273.30

279.49

21.95

132

169

Nitin M. Shah & family

Nitin Fire Protection Inds.

927.65

709.05

218.60

30.83

PROMOTER WORTH > Rs 500 CRORE AND < Rs 999 CRORE

98

110

Dhruv M. Sawhney & family

Triveni Engineering & Inds.,Triveni Turbine

1,502.24

1,452.66

49.58

3.41

133

125

Mofatraj P. Munot & family

Kalpataru Power Transmission & JMC Projects

922.45

1,117.62

-195.17

-17.46

99

111

Jignesh Shah & family

Financial Technologies (India)

1,495.36

1,441.15

54.21

3.76

134

156

Dinesh T. Shah & family

Asian Star Company

918.00

814.36

103.64

12.73

100

106

Hem Singh Bharana & family

Era Infra Engg

1,476.02

1,503.00

-26.98

-1.79

135

98

G.V.K. Reddy & family

GVK Power & Infrastructure

899.87

1,750.14

-850.27

-48.58

101

NA

Harsh Goenka & family*

Ceat, RPG Life Sciences, KEC International29

1,461.96

NA

NA

NA

136

217

P.P. Chhabria & family

Finolex Industries & Finolex Cables

899.72

495.22

404.50

81.68

Footnotes on page 99; methodology on page 85; *After separation from RPG Group

88 | BW | BUSINESSWORLD | 17 June 2013

Super Rich Table1.indd 88-89

Source: Ace Equity

Footnotes on page 99; methodology on page 85

Source: Ace Equity

17 June 2013 | BW | BUSINESSWORLD | 89

5/23/2013 9:56:47 PM

INDIAS

UPER RICH

The Rich List 2013

Rank
2012

Individual / Family

Companies

Promoter Worth (Rs crore)

Absolute
Difference

%
Change

RUPEE BILLIONAIRES

Rank
2013

Rank
2012

Individual / Family

Companies

Promoter Worth (Rs crore)

Absolute
Difference

%
Change

RUPEE BILLIONAIRES

137

154

Navinbhai C. Dave & family

Swan Energy

881.36

832.16

49.20

5.91

172

134

Reji Abraham & family

Aban Lloyd

621.40

1019.61

-398.21

-39.06

138

DNF

Arjun S. Handa

Claris Lifesciences

874.09

686.49

187.60

27.33

173

384

N. Shubhkaran Goenka & family

Goenka Diamond & Jewels

620.64

181.30

439.34

242.33

139

150

Amarchand R. Gala & family

Navneet Publication

855.27

853.05

2.22

0.26

174

241

Shapoor P. Mistry & family

Forbes & Company, Gokak Textiles

617.20

390.00

227.20

58.26

140

127

Vishnubhai M. Patel & family

Sadbhav Engineering

851.63

1,104.12

-252.49

-22.87

175

162

Anil Jain & family

Time Technoplast & TPL Plastech

603.35

776.38

-173.03

-22.29

141

255

K. Chittilappilly & family

V-Guard Industries

848.36

373.25

475.11

127.29

176

153

Prahalad Rai Agarwala & family

Rupa & Co

600.38

837.19

-236.81

-28.29

142

216

Anand Deshpande & family

Persistent Systems

844.01

499.07

344.94

69.12

177

278

Sudip Dutta & family

Ess Dee Aluminium

597.90

307.20

290.70

94.63

Urvi A.Piramal & family

Peninsula Land, Morarjee Textiles

596.90

530.14

66.76

12.59

Padam Chand Gupta family

PC Jewellers

594.24

NA

NA

NA

143

161

Nimesh N. Kampani & family

JM Financial

843.85

788.36

55.49

7.04

178

210

144

128

Hemant M. Shah & family

Hubtown (Akruti City)

840.00

1,100.10

-260.10

-23.64

179

NL

145

164

Yadu Hari Dalmia & family

Dalmia Bharat Entrps , Dalmia Bharat Sugar & Inds

833.26

752.10

81.16

10.79

180

168

Ashok Mohan Advani & family

Blue Star & Blue Star Infotech

591.50

722.55

-131.05

-18.14

575.95

806.86

-230.91

-28.62

573.98

807.32

-233.34

-28.90

146

165

Indu Jain & family*

Entertainment Network (India), Times Guaranty

817.07

750.80

66.27

8.83

181

160

Nandakumar V.P. & family

Manappuram Finance

147

139

Kapil & D. Wadhawan & family

Dewan Housing Finance Corpn.

793.97

981.33

-187.36

-19.09

182

159

Narendra Murkumbi & family

Shree Renuka Sugars

148

196

Prakash A. Mody & family

Unichem Laboratories

784.07

591.59

192.48

32.53

183

253

Soshil Kumar Jain & family

Panacea Biotec

572.11

374.38

197.73

52.82

149

185

V.C. Nannapaneni & family

Natco Pharma

762.79

628.61

134.18

21.35

184

186

L.N. Jhunjhunwala & family

HEG, RSWM, BSL, Maral Overseas, Cheslind Textiles

566.92

624.87

-57.95

-9.27

150

NL

Amit Jatia

Westlife Development

760.03

NA

NA

NA

185

228

Brahm Vasudeva & family

Hawkins Cookers

556.01

453.90

102.11

22.50

151

177

Ashok Kajaria & family

Kajaria Ceramics

756.90

670.31

86.59

12.92

186

174

Prem Kishan Gupta & family

Gateway Distriparks

555.35

674.17

-118.82

-17.62

152

193

R.G. Chandramogan & family

Hatsun Agro Products

751.80

601.65

150.15

24.96

187

223

Ajay S. Shriram & family

DCM Shriram Consolidated

551.78

465.06

86.72

18.65

153

136

Abhijit Rajan & family

Gammon & Gammon Infrastructure

744.45

1,012.10

-267.65

-26.45

188

DNF

Mridu Hari Dalmia

OCL India

542.42

378.05

164.37

43.48

154

107

Mahendra K. Jajodia & family

Monnet Ispat & Energy, Monnet Inds & Monnet Sugar

744.25

1,500.16

-755.91

-50.39

189

180

Chimanlal K Mehta & family

Deepak Fertilisers & Deepak Nitrite

537.51

661.51

-124.00

-18.75

155

122

Bhavarlal H. Jain & family

Jain Irrigation Systems

736.82

1,157.20

-420.38

-36.33

190

211

P.C. Mandhana & family

Mandhana Industries

537.43

525.70

11.73

2.23

156

147

N. Srinivasan & family

India Cements & India Cements Capital

734.50

891.10

-156.60

-17.57

191

181

Sanjay Jhunjhunwala & family

Rei Six Ten Retail & Rei Agro

532.12

657.35

-125.23

-19.05

157

132

Vijaypat Singhania & family

Raymond

723.91

1,029.61

-305.70

-29.69

192

297

Ramesh Kumar Dua & family

Relaxo Footwears

527.99

273.67

254.32

92.93

158

205

N. Jagan Mohan Reddy & family

Rain Commodities

717.40

547.76

169.64

30.97

193

219

Mayank Poddar & family

Magma Fincorp

527.12

480.45

46.67

9.71

159

157

Ghanshyam Kejriwal & family**

Electrosteel Castings

710.37

814.35

-103.98

-12.77

194

201

L.G. Varadarajulu & family

Elgi Equipments, Super Spinning Mills, LGB Forge

525.10

569.76

-44.66

-7.84

160

140

Atul K. Nishar & family

Hexaware Technologies

707.93

966.40

-258.47

-26.75

195

149

Dinesh Patel & family

Sintex Industries

521.89

859.13

-337.24

-39.25

161

114

Rakesh K. Wadhawan & family

Housing Development & Infrastructure

700.86

1,337.61

-636.75

-47.60

196

175

Mahendra Nahata & family

HFCL & Quadrant Televentures

510.16

671.90

-161.74

-24.07

37

162

204

Sumant J. Patel & family

Nesco

699.55

551.30

148.25

26.89

197

222

Gautam N. Mehra & family

Savita Oil Technologies

507.85

472.32

35.53

7.52

163

170

Lalit & Shailesh Khaitan & family

Radico Khaitan

698.71

696.50

2.21

0.32

198

230

Suman Gupta & family

Ushdev International

504.61

434.98

69.63

16.01

164

233

Atul Punj & family

Punj Lloyd

680.21

682.56

-2.35

-0.34

199

167

C.P. Krishnan Nair & family

Hotel Leela Venture

502.95

727.30

-224.35

-30.85

165

231

S.V. Balasubramaniam & family

Bannari Amman Spinning Mills, Shiva Texyam36

680.20

422.90

257.30

60.84

200

340

Rajesh Patil & Milind Kolte family

Kolte Patil Developers

500.29

218.81

281.48

128.64

166

192

Kewalchand P. Jain & family

Kewal Kiran Clothing

661.87

606.99

54.88

9.04

PROMOTER WORTH > Rs 100 CRORE AND < Rs 499 CRORE

167

171

Ram Narayan Agarwal & family

Sanwaria Agro Oils

659.48

696.05

-36.57

-5.25

201

DNF

Mukesh Sangla

Signet Industries

499.73

227.59

272.14

119.57

168

124

Anand Jain & family

Jai Corp

657.27

1134.11

-476.84

-42.05

202

179

Kamal K. Singh & family

Rolta India

491.75

662.51

-170.76

-25.77

169

190

Hemant Kanoria & family

SREI Infrastructure Finance

656.35

614.55

41.80

6.80

203

198

Anjan Malik & family

eClerx Services

486.90

585.63

-98.73

-16.86

170

195

Rajinder Miglani & family

Uttam Galva Steels

647.72

593.17

54.55

9.20

204

197

Priyadarshan Mundhra & family

eClerx Services

486.63

585.90

-99.27

-16.94

171

146

Arun Bharat Ram & family

SRF, Kama Holdings

647.56

898.95

-251.39

-27.96

205

158

Dilip Piramal & family

VIP Industries & Windsor Machines

485.78

810.83

-325.05

-40.09

Footnotes on page 99; methodology on page 85; *excluding the net worth of Bennett, Coleman & Co and equity investments. **including stake in Lanco Indus & Electrosteel Steels

90 | BW | BUSINESSWORLD | 17 June 2013

Super Rich Table1.indd 90-91

Source: Ace Equity

Footnotes on page 99; methodology on page 85

Source: Ace Equity

17 June 2013 | BW | BUSINESSWORLD | 91

5/23/2013 9:56:48 PM

INDIAS

UPER RICH

The Rich List 2013

Rank
2012

Individual / Family

Companies

Promoter Worth (Rs crore)

Absolute
Difference

%
Change

RUPEE BILLIONAIRES
206

Rank
2013

Rank
2012

Individual / Family

Companies

Promoter Worth (Rs crore)

Absolute
Difference

%
Change

RUPEE BILLIONAIRES

206

Arun K .Jagatramka & family

Gujarat NRE Coke

482.37

534.23

-51.86

-9.71

240

383

Suresh Kumar Poddar & family

Mayur Uniquoters

332.73

181.69

151.04

83.14

207

199

Parag Shah & family

Man Infraconstruction

481.64

585.28

-103.64

-17.71

241

189

Ajit Gulabchand & family

Hindustan Construction Company

332.40

621.42

-289.02

-46.51

208

200

P.P. Gupta & family

Techno Electric & Engineering Co

481.41

581.84

-100.43

-17.26

242

280

Ramesh C. Mansukhani & family

Man Industries (India)

331.43

305.15

26.28

8.61

209

85

Mukesh Gupta & family*

Lloyds Steel, Lloyds Metals & Energy

481.16

1,992.75

-1511.59

-75.85

243

227

Bansidhar Panda & family

Indian Metals & Ferro Alloys

330.96

456.52

-125.56

-27.50

38

210

NL

Anjan Chatterjee

Specialty Restaurants

477.80

NA

NA

NA

244

191

M.C. Shah & C.K. Mehta & family

C Mahendra Exports

330.30

612.00

-281.70

-46.03

211

300

Shiv Prakash Mittal & family

Greenply Industries

467.28

268.89

198.39

73.78

245

NE

Anil Narayan Lonkar and family

Rasoya Proteins

329.92

NA

NA

NA

212

212

D.P. Agarwal & family

Gati, TCI Finance, TCI, TCI Inds & Bhoruka Aluminium

464.56

523.70

-59.14

-11.29

246

291

Bijon & Bikramjit Nag & family

IFB Industries, IFB Agro Inds.

328.15

281.10

47.05

16.74

213

129

B.K. Modi & family

S Mobility

457.51

1,095.92

-638.41

-58.25

247

176

B.D. Mundhra & family

Simplex Infrastructures & Simplex Projects

326.86

670.69

-343.83

-51.27

214

202

Sanjay Dhingra & family

Kwality Dairy

451.90

562.90

-111.00

-19.72

248

281

Kritilal K. Doshi & family

Shrenuj & Company

326.86

305.01

21.85

7.16

215

294

Rajesh Agarwal & family

BS Transcomm

439.49

278.53

160.96

57.79

249

434

P. Subramaniam & family

Shanthi Gears

324.05

138.61

185.44

133.78

216

133

Shashikant Patel & family

Plethico Pharmaceuticals

435.98

1,019.81

-583.83

-57.25

250

226

Vikas Kasliwal & family

S Kumars Online, Landmarc Leisure Corpn

323.89

456.60

-132.71

-29.06

217

203

Vivek Saraogi & family

Balrampur Chini Mills

428.26

559.09

-130.83

-23.40

251

221

Arun Jain & family

Polaris Financial Technology

322.99

475.10

-152.11

-32.02

218

259

Nilesh Parekh & family

Shree Ganesh Jewellery House

422.97

362.54

60.43

16.67

252

283

Naresh Malhotra & family

Prime Focus

319.03

296.97

22.06

7.43

41

219

247

B.V.R. Mohan Reddy & family

Infotech Enterprises

422.03

379.88

42.15

11.10

253

NE

Peeyush K. Aggarwal

Visesh Infotechnics

318.52

NA

NA

NA

220

188

Ashwin C. Muthiah & family

First Leasing Company of India, Sicagen India39

413.31

623.50

-210.19

-33.71

254

225

V.M. Lakshminarayanan & family

Butterfly Gandhimathi Appliances

318.21

456.67

-138.46

-30.32

221

112

Vinod Ramnani & family

Opto Circuits (India)

411.67

1,386.51

-974.84

-70.31

255

271

Shiv Jatia & family

Asian Hotels (North), Supreme Holdings & Hospitality

312.39

316.80

-4.41

-1.39

408.34

378.80

29.54

7.80

256

359

Om Prakash Gupta & family

Ashiana Housing

312.25

203.10

109.15

53.74

397.19

330.12

67.07

20.32

257

409

Vikram Somany & family

Cera Sanitaryware

311.52

162.92

148.60

91.21

381.21

5.63

1.48

258

303

Jagdishkumar Gupta & family

J Kumar Infraproject

311.44

262.88

48.56

18.47

222

249

Amit Dahanukar & family

Tilaknagar Industries

223

266

Purushottam Agrawal & family

SE Investments

224

245

Ranjit Puri & family

ISGEC Heavy Engineering

386.84

225

277

Vinod Saraf & family

Vinati Organics

382.65

307.67

74.98

24.37

259

218

Rajendra K. Somany & family

HSIL

310.48

487.70

-177.22

-36.34

226

243

Rajesh Aggarwal & family

Insecticides (India)

381.28

388.48

-7.20

-1.85

260

282

H.A. Mafatlal & family

Nocil, Navin Fluorine Intl., Mafatlal Industries

307.72

304.50

3.22

1.06

227

285

Prakash M. Sanghvi & family

Ratnamani Metals & Tubes

374.87

291.18

83.69

28.74

261

349

Ajay R. Goenka & family

Rainbow Papers

301.13

212.33

88.80

41.82

228

395

Ajay Bijli & family

PVR

373.06

172.06

201.00

116.82

262

173

Pramod Mittal & family

ISPAT Steel, Gontermann-Peipers & Balasore Alloys

297.97

677.69

-379.72

-56.03

229

DNF

Sunil Lulla

Eros International

370.43

393.09

-22.66

-5.76

263

260

Rikiin Rajhoo Bbarot & family

Atlanta

292.29

348.46

-56.17

-16.12

230

250

M.R. Jaishankar & family

Brigade Enterprises

367.76

376.16

-8.40

-2.23

264

326

K.P. Ramasamy & family

KPR Mill

291.90

238.58

53.32

22.35

231

224

Vishambhar Saran & family

Visa Steel

348.98

460.72

-111.74

-24.25

265

450

Arvind Jolly & family

Jolly Board

289.8

128.74

161.06

125.11

232

373

Ramesh Goenka & family

Suashish Diamonds

343.52

190.61

152.91

80.22

266

295

Sandeep P. Engineer & family

Astral Poly Technik

289.06

278.19

10.87

3.91

233

220

Manoj G. Tirodkar & family

GTL & GTL Infrastructure

343.36

477.55

-134.19

-28.10

267

144

Shantanu Prakash & family

Educomp Solutions

286.51

918.74

-632.23

-68.81

234

273

Vikram Akula & family

SKS Microfinance

342.32

316.27

26.05

8.24

268

209

Sudarshan Walia & family

Ahluwalia Contracts & Ahlcon Parenterals

286.32

530.69

-244.37

-46.05

235

333

Janmejay R. Vyas & family

Dishman Pharmaceuticals & Chemicals

342.19

227.02

115.17

50.73

269

338

Sanjay Govil

Infinite Computer Solutions (India)

285.16

220.11

65.05

29.55

236

261

Bhagirath C.Arya & family

JBF Industries

341.40

341.53

-0.13

-0.04

270

240

Prashant Jhawar & family

Usha Martin, Usha Martin Edu & Solutions & UT

283.93

391.34

-107.41

-27.45

237

288

Jawahar Lal Oswal & family

Nahar Spinning Mills, Nahar Industrial Enterprises40

339.46

284.99

54.47

19.11

271

DNF

Chavan Chandu Laxman

Innoventive Industries

283.65

296.18

-12.53

-4.23

238

287

Jyotindra B. Mody & family

JB Chemicals & Pharmaceuticals

336.69

286.20

50.49

17.64

272

NL

Rajeev Sheth

Tara Jewels

280.07

NA

NA

NA

239

267

Vishnukant Bhutada & family

Shilpa Medicare

336.65

328.36

8.29

2.53

273

237

Vinay Reddy & family

Lovable Lingerie

276.89

402.92

-126.03

-31.28

Footnotes on page 99; methodology on page 85; *except Lloyds Steel, data for which is not available

92 | BW | BUSINESSWORLD | 17 June 2013

Super Rich Table1.indd 92-93

Source: Ace Equity

Footnotes on page 99; methodology on page 85

Source: Ace Equity

17 June 2013 | BW | BUSINESSWORLD | 93

5/23/2013 9:56:49 PM

INDIAS

UPER RICH

The Rich List 2013

Rank
2012

Individual / Family

Companies

Promoter Worth (Rs crore)

Absolute
Difference

%
Change

RUPEE BILLIONAIRES
274

298

Rank
2013

Rank
2012

Individual / Family

Companies

Promoter Worth (Rs crore)

Absolute
Difference

%
Change

RUPEE BILLIONAIRES

C.J. George & family

Geojit BNP Paribas Financial Services

276.24

272.20

4.04

1.48

308

DNF

S. Veera Reddy

Sagar Cement

211.14

163.40

47.74

29.22

275

313

Chandir Gidwani & family

Centrum Capital

275.93

253.35

22.58

8.91

309

DNF

Chandra P. Agarwal & family

Gallantt Ispat, Gallantt Metal

210.34

154.58

55.76

36.07

276

238

Arbind Jayaswal & family

Jayaswal Neco Inds.

273.13

399.57

-126.44

-31.64

310

309

Raghu Mody & family

Hindustan Composites, Rasoi & JL Morison

209.41

255.89

-46.48

-18.16

277

272

L.L.akshman & family

Rane (Madras), Rane Holdings42

266.64

316.62

-49.98

-15.79

311

269

Ghanshyamdas Agarwal & family

Adhunik Metaliks

207.97

326.50

-118.53

-36.30

278

275

K.M. Chandaria & family

Aegis Logistics

264.93

312.47

-47.54

-15.21

312

456

K. Ajith Kumar Rai & family

Suprajit Engineering

207.79

122.87

84.92

69.11

279

343

Rajan Nanda & family

Escorts & Escorts Finance

262.63

216.40

46.23

21.36

313

151

Salil Singhal & family

PI Industries

206.03

848.54

-642.51

-75.72

280

263

N.D. Desai & family

Apar Industries

259.23

335.80

-76.57

-22.80

314

316

Usha B. Kulkarni & family

Pratibha Industries

205.02

246.08

-41.06

-16.68

281

367

Shree Kumar Bangur & family

West Coast Paper Mills, Rama Newsprint & Paper

256.86

197.80

59.06

29.86

315

411

Prasad V. Potluri & family

Picturehouse Media, PVP Ventures

204.22

159.80

44.42

27.80

282

406

Rajesh Sharma & family

Money Matters Financial Services

247.59

164.96

82.63

50.09

316

354

Ravi Sanghi & family

Sanghi Industries

202.71

210.28

-7.57

-3.60

283

296

Sanjiv Saraf & family

Polyplex Corporation

245.72

277.54

-31.82

-11.47

317

244

Pramod Chaudhari & family

Praj Industries

202.58

382.55

-179.97

-47.05

43

284

248

Ashok Chaturvedi & family

Flex Foods & Uflex

244.62

379.84

-135.22

-35.60

318

323

Udayant Malhoutra & family

Dynamatic Technologies

201.91

239.41

-37.50

-15.66

285

284

Jagdish K. Saxena & family

Elder Health Care, Elder Pharmaceuticals

244.07

294.12

-50.05

-17.02

319

299

Dhanesh Kumar Jain & family

Lumax Industries & Lumax Auto Technologies

199.98

269.50

-69.52

-25.80

286

494

Shyam Sunder Mundra & family

M AND B Switchgears

243.42

100.74

142.68

141.63

320

NE

Srinivasa Reddy Morthala

MSR India

199.95

NA

NA

NA

287

184

Chandra Kant Birla & family

Orient Paper & Inds, Hyderabad Industries

242.20

637.36

-395.16

-62.00

321

331

Ajit Thomas & family

Neelamalai Agro Inds., AVT Natural Products

198.97

228.73

-29.76

-13.01

288

436

Himanshu Baid & family

Poly Medicure

240.03

136.00

104.03

76.49

322

305

Ramniklal Shah & family

Marathon Nextgent

197.05

260.26

-63.21

-24.29

289

207

G.R. Surana & family

Surana Industries & Surana Corporation

238.18

533.28

-295.10

-55.34

323

276

Vimal K. Patel & family

Banco Products (India)

196.93

311.50

-114.57

-36.78

290

361

B.M. & Sanjay Labroo & family

Asahi India Glass

235.68

281.97

-46.29

-16.42

324

264

Bhanu Patel & family

Elecon Engineering Company, Eimco Elecon (India)

194.06

332.69

-138.63

-41.67

291

109

Sanjeev Mansotra & family

Core Education & Technologies

235.26

1,498.30

-1263.04

-84.30

325

293

B.H. Sharma & family

Supreme Infrastructure India

192.16

279.38

-87.22

-31.22

292

214

Ashok B. Jiwrajka & family

Alok Industries

231.47

514.73

-283.26

-55.03

326

422

J.P. Agarwal & family

Surya Roshni

191.76

153.70

38.06

24.76

Geeta Bhatia & family

Tree House Education & Accessories

230.16

211.75

18.41

8.69

327

312

K. Narasimha Reddy & family

KNR Construction

189.42

254.78

-65.36

-25.65

Ajit Jhunjhunwala

La Opala RG

227.32

NA

NA

NA

328

483

Anil Patodia & family

The Byke Hospitality

188.43

107.05

81.38

76.03

Abhay Firodia & family

Force Motors

226.74

326.63

-99.89

-30.58

329

NE

Nara Bhuvaneswari & family

Heritage Foods (India)

187.87

NA

NA

NA

44

293

350

294

NE

295

268

296

286

V.P. Agarwal & family

Prakash Industries

225.71

288.20

-62.49

-21.68

330

187

Vikram Anantrai Doshi & family

Vaarad Ventures

185.50

624.46

-438.96

-70.29

297

274

K.K. Sarda & family

Sarda Energy & Minerals

225.21

315.51

-90.30

-28.62

331

339

Harish Sheth & family

Setco Automotive

185.26

219.89

-34.63

-15.75

298

306

L.N. Bangur & family

Maharaja Shree Umaid Mills

221.93

258.92

-36.99

-14.29

332

234

Vinay Kumar Goenka & family

Warren Tea

185.17

418.89

-233.72

-55.80

299

328

S.C. Malhotra & family

Empire Industries

221.03

233.20

-12.17

-5.22

333

262

Pravin & Rupen Patel & family

Patel Engineering

182.17

337.04

-154.87

-45.95

300

314

Trilochan Singh Sahney & family

NRB Bearings

217.83

252.21

-34.38

-13.63

334

317

Mullapudi H. Prasad & family

Andhra Sugars, Andhra Petrochemicals

181.31

245.10

-63.79

-26.03

301

NL

Anil Agrawal HUF

Comfort Fincap

217.65

NA

NA

NA

335

345

Ismail G. Memon & family*

KGN Industries, KGN Enterprises

180.99

449.17**

-268.18

-59.71

302

304

M.Y. Ghorpade & family

Sandur Manganese & Iron Ores

217.02

262.70

-45.68

-17.39

336

365

Raj Kapur & A. Mahajan family

Selan Exploration Technology

180.77

198.22

-17.45

-8.80

303

358

Vijay Kumar Gupta & family

Gujarat Ambuja Exports

215.92

204.34

11.58

5.66

337

322

Lalitkumar H. Patel & family

Voltamp Transformers

179.63

240.55

-60.92

-25.32

304

301

Chhotalal S.Ajmera & family

Ajmera Realty & Shree Precoated Steel

215.60

267.05

-51.45

-19.27

338

NL

Lalit Agarwal

V-Mart Retail

178.91

NA

NA

NA

305

390

Aroon Purie & family

TV Today Network

213.53

176.63

36.90

20.89

339

311

Santosh Varalwar & family

Vivimed Labs

178.73

255.50

-76.77

-30.05

306

183

Damodar P. Choudhary & family

Himadri Chemicals & Industries.

213.45

652.41

-438.96

-67.28

340

348

Ravi B. Bhardwaj & family

Sunflag Iron & Steel Company

178.16

212.64

-34.48

-16.22

307

327

Mohamed Y. Noorani & family

Zodiac Clothing Company

212.92

235.64

-22.72

-9.64

341

341

Ashok Kumar Bansal & family

Hanung Toys & Textiles

176.88

218.30

-41.42

-18.97

Footnotes on page 99; methodology on page 85

94 | BW | BUSINESSWORLD | 17 June 2013

Super Rich Table1.indd 94-95

Source: Ace Equity

Footnotes on page 99; methodology on page 85; *did not include KGN Enterprises last year; **Includes KGN Enterprises

Source: Ace Equity

17 June 2013 | BW | BUSINESSWORLD | 95

5/23/2013 9:56:50 PM

INDIAS

UPER RICH

The Rich List 2013

Rank
2012

Individual / Family

Companies

Promoter Worth (Rs crore)

Absolute
Difference

%
Change

RUPEE BILLIONAIRES
342

252

J.P. & U. Chowdhary & family

Rank
2013

Rank
2012

Individual / Family

Companies

Promoter Worth (Rs crore)

Absolute
Difference

%
Change

RUPEE BILLIONAIRES
Titagarh Wagons

176.24

374.41

-198.17

-52.93

376

393

D.P. Tantia & family

GPT Infraprojects

152.23

173.00

-20.77

-12.01

343

355

Dilip Dandekar & family

Kokuyo Camlin, Camlin Fine Sciences

174.37

207.18

-32.81

-15.84

377

DNF

Ashokkumar B. Chhajer

Arihant Superstructures

151.45

129.60

21.85

16.86

344

289

A.V.S. Raju & family

NCC, NCC finance

173.92

282.10

-108.18

-38.35

378

178

Mahaveer P. Agarwal & family

Gravita India

150.92

669.64

-518.72

-77.46

345

320

Chandra K. Dhanuka & family

Dhunseri Petrochem & Tea

173.87

240.81

-66.94

-27.80

379

397

Deep C. Anand & family

Gabriel India

150.67

169.90

-19.23

-11.32

346

335

Basudeo Agrawal & family

Manaksia

172.04

222.37

-50.33

-22.63

380

386

Braj Binani & family

Binani Industries

150.62

180.90

-30.28

-16.74

347

405

Sanjay Gupta & family

APL Apollo Tubes

171.84

165.08

6.77

4.10

381

449

Athi Janarthanan S & family

Karur Vysya Bank

149.22

129.00

20.22

15.67

348

490

Venkateswarlu Jasti & family

Suven Life Sciences

171.37

102.27

69.10

67.57

382

NE

Devendra B. Jain and family

Nakoda

148.95

NA

NA

NA

349

394

Tilokchand Kothari & family

Visagar Polytex

170.84

172.53

-1.69

-0.98

383

NE

V.S. Meenavalli & family

Stampede Capital

147.33

NA

NA

NA

350

360

Deepak Kothari & family

Kothari Products

169.70

202.50

-32.80

-16.20

384

NE

Family of late Sajid Dhanani

Sayaji Hotels

146.86

NA

NA

NA

351

292

A .J. Prasad & family

HBL Power Systems

169.51

280.31

-110.80

-39.53

385

NE

Ziaulla Shroff & family

Starcom Information Technology

146.40

NA

NA

NA

168.98

NA

NA

NA

386

429

M. Raajhendhran & family

Raj Television Network

146.16

143.46

2.70

1.88

168.2

242.05

-73.85

-30.51

387

416

Ajay Kumar Swarup & family

Globus Spirits

145.87

156.33

-10.46

-6.69

167.89

212.99

-45.10

-21.17

388

279

Subrata Roy Sahara & family

Sahara One Media & Entt, Sahara HousingFin Corp

145.70

306.04

-160.34

-52.39

Naig Prabhakar K. & family

Onelife Capital Advisors

144.82

323.22

-178.40

-55.20

V.K. Sukumaran & family

VKS projects

144.80

NA

NA

NA

144.25

106.17

38.08

35.87

352

NE

P.H. Valia

VHCL Inds

353

319

N. Kumar & family

Take Solutions

354

346

B.L. Agarwal & family

Godawari Power & Ispat

355

332

Sajid Malik & family

Genesys International Corpn. & GI Engineering

165.78

228.59

-62.81

-27.48

389

270

356

370

V.L. Dutt & family

KCP

165.50

194.50

-29.00

-14.91

390

NL

357

352

Vellore K. Surendra & family

VST Tillers Tractors

164.80

211.20

-46.40

-21.97

391

484

Deepak Seth & family

Pearl Global Industries (House Of Pearl Fashions)

K. Raghavendra Rao & family

Orchid Chemicals & Pharmaceuticals

143.55

422.21

-278.66

-66.00

S.K. Saraf & family

Technocraft Inds

142.76

NA

NA

NA

142.33

180.94

-38.61

-21.34

358

356

Suresh Kumar Patni & family

Rohit Ferro-Tech, Impex Ferro Tech

164.64

206.60

-41.96

-20.31

392

232

359

431

Manhar G. Gandhi & family

Gandhi Special Tubes

164.61

140.76

23.85

16.95

393

NE

360

NE

Manoj Kumar Agarwal

Sulabh Engineers

163.55

NA

NA

NA

394

385

Ram Gopal Maheshwari & family

MBL Infrastructure

361

307

Sushil Ansal & family

Ansal Properties & Infrastructure

163.32

258.00

-94.68

-36.70

395

364

Dinesh Munot & family

ZF Steering Gear (India)

141.78

198.52

-56.74

-28.58

362

DNF

Rajas R. Doshi & family

Indian Hume Pipe Company

163.25

173.62

-10.37

-5.97

396

290

Ravi Kiran Aggarwal & family

Orbit Corporation

139.44

281.83

-142.39

-50.52

363

446

Prakash Agarwal & family

WPIL

163.08

131.25

31.83

24.25

397

443

Vijay Kumar Jatia & family

Modern India

139.08

133.09

5.99

4.50

364

473

Jagjeevan Kumar Jain & family

Fiem Industries

161.97

112.35

49.62

44.17

398

463

Jagdish Prasad Purohit & family

Unisys Softwares & Holding Inds.

138.43

119.17

19.26

16.17

365

372

Nirmal K.Minda & family

Minda Industries

161.88

192.14

-30.26

-15.75

399

330

Manharlal Chunilal Shah & family

Ruby Mills

138.26

228.99

-90.73

-39.62

366

376

Devendra S. & family

Shasun Pharmaceuticals

160.98

188.30

-27.32

-14.51

400

DNF

Ram Pratap Tayal & family

KSL & Industries

137.58

356.50

-218.92

-61.41

367

362

Vamanrai V. Parekh & family

Nilkamal

159.25

199.20

-39.95

-20.06

401

382

Bhupinder Singh Jauhar & family

Jamna Auto Inds.

137.36

182.89

-45.53

-24.89

368

401

Ajoy K. Himatsingka & family

Himatsingka Seide

158.90

167.29

-8.39

-5.02

402

NE

Binay Kumar

UP Hotels

137.08

NA

NA

NA

369

351

B.L .Kheruka & family

Borosil Glass Works & Gujarat Borosil

158.39

211.22

-52.83

-25.01

403

344

Chandrakant Sanghvi & family

Sanghvi Movers

136.60

214.75

-78.15

-36.39

370

389

Vinod Kumar Gupta & family

Parenteral Drugs (India)

158.25

177.79

-19.54

-10.99

404

424

Praful A. Shah & family

Garden Silk & Surat Textile Mills

136.53

152.83

-16.30

-10.66

371

325

Sanjiv Goyal & family

Nectar Lifesciences

155.67

239.22

-83.55

-34.93

405

121

E. Sudhir Reddy & family*

IVRCL Assets & Holdings

136.43

1,175.73

-1039.30

-88.40

372

420

Anirudh Sonpal & family

Flexituff International

155.23

154.43

0.80

0.52

406

NL

Mahesh Raghu Shetty

MT Educare

136.41

NA

NA

NA

373

308

Mukul & Warij Kasliwal & family

Entegra, S Kumars

154.68

257.70

-103.02

-39.98

407

419

S. Narasimha Kamath & family

Bliss GVS Pharma

136.22

155.34

-19.12

-12.31

374

329

O.P. Lohia & family

Indo Rama Synthetics (India)

153.74

231.60

-77.86

-33.62

408

357

Radhe Shyam Saraf & family

Asian Hotels (East)

135.83

205.81

-69.98

-34.00

375

430

Falgunbhai C. Patel & family

Sandesh

152.86

141.89

10.97

7.73

409

NE

Hansa Pravin Shah

Anukaran Commercial Enterprises

135.57

NA

NA

NA

Footnotes on page 99; methodology on page 85

96 | BW | BUSINESSWORLD | 17 June 2013

Super Rich Table1.indd 96-97

Source: Ace Equity

Footnotes on page 99; methodology on page 85; *latest data of IVRCL Asset is not available

45

Source: Ace Equity

17 June 2013 | BW | BUSINESSWORLD | 97

5/23/2013 9:56:52 PM

INDIAS

UPER RICH

The Rich List 2013

Rank
2012

Individual / Family

Companies

Promoter Worth (Rs crore)

Absolute
Difference

%
Change

RUPEE BILLIONAIRES
410

NE

Rank
2013

Rank
2012

Individual / Family

Companies

Promoter Worth (Rs crore)

Absolute
Difference

%
Change

RUPEE BILLIONAIRES
135.57

NA

NA

NA

Ador Welding, Ador Fontech, Ador Multiproducts

135.21

153.91

-18.70

-12.15

Riddhi Siddhi Gluco Biols

135.04

NA

NA

NA

134.58

115.70

18.88

16.31

447

NE

Pravin S. Herlekar and family

Omkar Speciality Chemicals

Arun Advani & family

Mirza International

112.83

Jasjit Singh Sawhney & family

Net 4 India

Harsh Mohan Gupta & family

Rossell India

Akash Gupta & family

CCL International

470

Irshad Mirza & family

445

369

446

469

444

113.70

-0.87

-0.77

112.75

195.17

-82.42

-42.23

111.60

114.45

-2.85

-2.49

111.44

NA

NA

NA

411

421

412

NE

413

467

Vishnu R. Dusad & family

Nucleus Software Exports

414

403

Dheeraj Garg & family

Steel Strips Wheels

133.58

166.25

-32.67

-19.65

448

435

Brijmohan Rathi & family

Maharashtra Polybutenes

110.97

138.10

-27.13

-19.65

415

396

L.R. Khoday, bros & family

Khoday India

133.40

171.33

-37.93

-22.14

449

426

R.P. Jain & family

DFM Foods

110.56

149.80

-39.24

-26.20

416

379

P.K. Khurana & family

Everest Kanto Cylinder

132.12

184.96

-52.84

-28.57

450

455

Yamunadutt A. Agrawal & family

Jindal Worldwide, Kashyap Tele-Medicines

110.30

123.20

12.90

-10.47

417

433

Vinod Vohra & family

Repro India

132.07

140.10

-8.03

-5.73

451

465

Lalit Surajmal Kanodia & family

Datamatics Global Services

110.21

115.79

-5.58

-4.82

418

444

Puranmal Agrawal & family

MSP Steel & Power

132.07

132.63

-0.56

-0.42

452

NE

Shanti P. Agarwala & family

Ellenbarrie Industrtial Gases

108.85

NA

NA

NA

419

315

H.K. Mittal & family

Mercator

130.00

248.67

-118.67

-47.72

453

408

Suresh Bhatnagar & family

Diamond Power Infrastructure

108.81

163.18

-54.37

-33.32

420

366

Babulal M. Bhansali & family

Bhansali Engineering Polymers

129.93

198.21

-68.28

-34.45

454

387

T.C. Kothari & family

Om Metals Infraprojects

108.63

179.70

-71.07

-39.55

421

448

Vijay Kumar Goel & family

Kashipur Sugar Mills & Dhampur Sugar Mills

129.63

129.32

0.31

0.24

455

439

Hiten A. Khatau & family

Cable Corporation Of India

108.38

135.33

-26.95

-19.91

422

414

P. Radhakrishna Reddy & family

Nelcast

128.93

158.00

-29.07

-18.40

456

425

Vinod Kashyap & family

BL Kashyap & Sons

107.67

150.34

-42.67

-28.38

423

418

Rajendra K. Dabriwala & family

International Conveyors & Elpro International

128.71

155.97

-27.26

-17.48

457

NE

Kedarmal Bankda & family

Syncom Formulations

106.45

NA

NA

NA

424

347

Rajinder Gupta & family

Trident

128.54

212.83

-84.29

-39.60

458

428

R. Vasudevan & family

Vascon Engineers

106.01

145.93

-39.92

-27.36

425

337

Govindbhai Patel & family

Ganesh Housing Corpn.

127.80

220.31

-92.51

-41.99

459

427

Jagdish Valecha & family

Jyoti Structures & Valecha Engineering

104.67

147.39

-42.72

-28.98

426

NE

Challa Shantha

CCL Products (India)

127.28

NA

NA

NA

460

NL

Arvind Saraf & family

Arcotech

104.59

NA

NA

NA

427

459

Sabu M. Jacob & family

Kitex Garments

126.24

121.13

5.11

4.22

461

402

Amol S. Sheth & family

Anil

104.02

166.70

-62.68

-37.60

428

488

Ravi Ghai & family

Graviss Hospitality

126.21

103.05

23.16

22.48

462

462

Surinder Kapur & family

Sona Koyo Steering Systems

102.97

119.60

-16.63

-13.90

429

423

Nrupender Rao & family

Pennar Inds & Pennar Aluminium, Saven Tech

124.84

152.89

-28.05

-18.35

463

415

Shashikant B Garware & family

Garware Polyester

101.32

157.90

-56.58

-35.83

430

334

Kishore K. Avarsekar & family

Unity Infraprojects

123.83

225.82

-101.99

-45.16

464

374

T.I. Subbarami Reddy & family

Gayatri Projects

100.70

189.84

-89.14

-46.96

431

NE

Chetan Navnitlal Shah

Ashapura Minechem

121.47

NA

NA

NA

465

464

B.D. Agarwal & family

Vikas WSP

100.59

116.27

-15.68

-13.49

432

451

S.S. Kanoria & A. Somany family

Kanoria Chemicals & Inds., Ludlow Jute & Specialities

119.77

128.30

-8.53

-6.64

466

441

Sujit Kanoria & family

Shristi Infrastructure Development. Corpn.

100.54

133.39

-32.85

-24.63

433

OB

P.C. Kapoor

Great Offshore

119.70

179.31

-59.61

-33.24

467

310

Salil Taneja & family

ISMT & Taneja Aerospace & Aviation

100.01

255.65

-155.64

-60.88

434

353

Pramod Maheshwari & family

Career Point

119.66

210.94

-91.28

-43.27

435

377

Harshil P. Kanani & family

Kanani Industries

117.70

186.03

-68.33

-36.73

436

NE

Yogesh Mathradas Kothari

Alkyl Amines Chemicals

117.28

NA

NA

NA

437

380

Vipul J. Modi & family

Intellivate Capital Ventures

116.85

184.27

-67.42

-36.59

438

472

Jeetendra Kapoor & family

Balaji Telefilms

115.02

113.11

1.91

1.69

439

NE

P.K. Jain

DCW

115.01

NA

NA

NA

440

388

P.R. Rathi & family

Sudarshan Chemical Inds.

114.91

178.55

-63.64

-35.64

441

DNF

Suresh G. Kare & family

Indoco Remedies

114.14

295.10

-180.96

-61.32

442

417

Radhika & Prannoy Roy & family

New Delhi Television

113.90

156.08

-42.18

-27.03

443

392

Chakor L. Doshi & family

Walchandnagar Industries

112.96

173.70

-60.74

-34.97

Footnotes on page 99; methodology on page 85

98 | BW | BUSINESSWORLD | 17 June 2013

Super Rich Table1.indd 98-99

Source: Ace Equity

Methodology on page 85; ^Based on dollar-rupee exchange rate on 28 March 2013, at Rs 54.27; NA: Not applicable. NE: new entry NL: new listing. DNF: did not feature in last years rankings. OB:
featured in the other billionaires list last year Note: The Tata Trust has interest in 31 companies whose combined promoter worth as on 28 March 2013 was around Rs 2.01 lakh crore (Rs 1.65 lakh crore
as on 31 March 2012). The companies are Titan Industries, Trent, Oriental Hotels, Rallis India, Tata Power, Tata Elxsi, Tata Steel, Tata Communications, Tata Motors, Voltas, Tata Chemicals, Tata Global
Beverages, Indian Hotels, Tata Investment Corpn., Nelco, Tinplate Company Of India, TRF, Benares Hotels, Tata Sponge Iron, Tata Metaliks, Tata Motors - DVR Ordinary, CMC, Automotive Stampings
& Assemblies, TCS, Tata Coffee, Tata Teleservices (Maharashtra), Mount Everest Mineral Water, Artson Engineering, Taj GVK Hotels & Resorts (25.52%), Automobile Corp. of Goa (46.43%), Tayo Rolls
(54.45%) 1: Sterlite Technologies, Cairn India. 2: Aditya Birla Chemicals (India), Grasim Industries, Hindalco Industries, Shree Digvijay Cement Company, Tanfac Industries, Ultratech Cement, Aditya
Birla Money. 3: Maharashtra Scooters , Mukand , Bajaj Holdings & Investment, Hercules Hoists,Mukand Engineers, Bajaj Finserv. 4: Jindal Saw, Nalwa Sons Invsts, Jindal Stainless, Jindal South West
Holdings, JSW Energy, Ispat Industries 5: Swaraj Engines, Mahindra Ugine Steel Company, Mahindra Composites, Mahindra Lifespace Developers, Mahindra & Mahindra Financial Services, Mahindra
Satyam, Mahindra Forgings, Mahindra Holidays & Resorts India 6: Reliance Infrastructure,Reliance Mediaworks, Reliance Communications, Reliance Capital. 7: Wadala Commodities, Godrej Properties, Geometric 8: United Breweries, UB Engineering ,United Breweries(Holdings), Mangalore Chemicals & Fertilizers , Mcdowell Holdings 9:Munjal Auto Inds, Shivam Autotech 10: Zee Learn,Zee
News,Siti Cable Network, Essel Propack 11: Tube Investments of India, Wendt (India), Coromandel International, Carborundum Universal 12: India Securities, Essar Shipping 13: Standard Batteries 14:
Shriram Asset Management Company, Shriram City Union Finance, Orient Green Power Co. 15: Gujarat Lease Financing 16: Dion Global Solutions, Oscar Investment, Agro Dutch & Fortis Malar Hospital
17: Hinduja Global Solutions, Hinduja Ventures & Hinduja Foundries 18: Jubilant FoodWorks 19: National Peroxide, Bombay Burmah, Citurgia Biochemicals 20: Sundaram-Clayton, India Nippon
Electricals, Sundram Fasteners, India Motor Parts & Accessories, TVS Electronics, TVS Srichakra & Sundaram Brake Linings 21: Automotive Axles, Hikal, Kalyani Steels & BF Utilities, BF Investment 22: ,
Kirloskar Pneumatic, Kirloskar Brothers, Kirloskar Oil Engines, GG Dandekar, Kirloskar Brothers Investments 23: Rajapalayam Mills & Ramco Systems 24: Harrisons Malayalam 25: Future Retail & Future
Ventures, Future Market Networks 26: Kilburn Engineering, Williamson Financial Services & Williamson Magor 27: Maharashtra Seamless, Haryana Capfin 28: Jay Shree Tea, ECE Industries, Kesoram
Industries and Mangalam Timber, Hindustan Everest Tools 29: FGP, Zensar Technologies, CFL Capital Financial Services 30: Ruchi Strips & Alloys, National Steel & Agro Inds & Ruchi Infrastructure 31:
Soma Textiles & Inds, Somany Ceramics 32: Birla Ericsson Optical & Vindhya Telelinks 33: Bengal & Assam, JK Lakshmi Cement, Umang Dairies 34: Welspum Investments and Commercials, Remi Metals
Gujarat & Welspun India 35: English Indian Clays 36: Bannari Amman Sugars 37: LG Balakrishnan & Bros and Pricol 38: Shree Global Tradefin 39: Manali Petrochemicals,Tamilnadu Petroproducts,
Tuticorin Alkali Chemicals & Fertilisers, SPEL Semiconductor, Sical Logistics 40: Nahar Capital & Financial Services & Nahar Poly Films 41:Shree Ram Urban Infrastructure 42: Rane Brakes Lining & Rane
Engine Valve & Kar Mobiles 43: Jayshree Chemicals 44: Sirpur Paper Mills & Hindustan Motors 45: Hindustan Dorr-Oliver & IVRCL Infrastructures & Projects
Source: Ace Equity

17 June 2013 | BW | BUSINESSWORLD | 99

5/23/2013 9:56:53 PM