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Bill-05 01

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The Billionaire Club RANKING

Richest Indians

Business Standard presents a definitive ranking of Indias richest wealth creators.


The boom in stock indices has seen most of their fortunes soar this year

RANK
2004

Wealth (Rs crore)

2005

Promoters

Flagship company

Industry

Aug 31, 04

Aug 31, 05

Azim Premji

Wipro

IT

32542.07

41888.25

Mukesh & Anil Ambani Family

Reliance Ind

Diversified

24171.98

37694.83

Sunil Mittal

Bharti Tele-Ventures

Telecom

12551.95

26293.56

Shiv Nadar

HCL Technologies

IT

8490.27

12389.80

Dilip Shanghvi

Sun Pharma

Pharmaceuticals

5069.69

8245.53

Naresh Goyal

Jet Airways

Airlines

8110.00

8134.58

Malvinder & Shivender Singh

Ranbaxy Laboratories

Pharmaceuticals

5609.93

6909.06

Kumar Mangalam Birla

Grasim Ind

Diversified

5069.48

6575.52

14

Anil Agarwal

Sterlite Ind

Diversified

2688.79

6547.86

13

10

Rahul Bajaj

Bajaj Auto

Automobiles

2716.54

4648.72

11

11

O P Jindal

JSW Steel

Steel

2901.76

4475.26

27

12

B N Kalyani

Bharat Forge

Diversified

1638.33

4437.32

12

13

Brijmohan Lall Munjal

Hero Honda

Automobiles

2834.39

4227.69

14

Y K Hamied

Cipla

Pharmaceuticals

2956.53

4201.07

17

15

H F Khorakiwala

Wockhardt

Pharmaceuticals

2212.64

4045.58

22

16

V C Burman

Dabur

Pharmaceuticals

1981.42

3942.33

16

17

Hinduja Brothers

Ashok Leyland

Diversified

2254.56

3774.36

15

18

N R Narayana Murthy & Family

Infosys Technologies

IT

2516.19

3736.46

10

19

Subhash Chandra

Zee Telefilms

Entertainment

2946.71

3735.33

28

20

Ajay Piramal

Nicholas Piramal

Pharmaceuticals

1609.87

3116.22

34

21

Uday Kotak

Kotak Mahindra Bank

Finance

1154.17

3009.40

84

22

K K Birla

Hindustan Times

Diversified

384.78

2780.52

24

23

Karsanbhai Patel

Nirma

FMCG

1755.77

2772.44

20

2079.27

2762.94

907.01

2684.01

24

Venu Srinivasan & Suresh Krishna

TVS Motor

Automobiles

43

25

Adi Godrej

Godrej Ind

FMCG

25

26

Nandan M Nilekani & Family

Infosys Technologies

IT

1732.65

2592.25

23

27

B Ramalinga Raju

Satyam Computer Services

IT

1805.40

2513.58

21

28

Narendra K Patni

Patni Computer Systems

IT

2011.54

2466.97

26

29

S Gopalakrishnan & Family

Infosys Technologies

IT

1649.58

2430.91

18

2201.01

2328.56

443.00

2226.39

30

Pankaj R Patel

Cadila Healthcare

Pharmaceuticals

77

31

Vijay Mallya

McDowell & Co

Breweries & distilleries

39

32

Shashi & Ravi Ruia

Essar Steel

Steel, Shipping

1007.96

2204.67

36

33

Nusli Wadia

Britannia Ind

FMCG, Textiles

1075.35

2150.59

38

34

Jaiprakash Gaur

Jaiprakash Associates

Cement

1013.56

2136.08

32

35

Suresh Neotia & N S Sekhsaria

Gujarat Ambuja Cement

Cement

1314.99

2079.87

44

36

Keshub Mahindra

Mahindra & Mahindra

Automobiles

30

37

Ashwin Choksi, Ashwin Dani, Abhay Vakil

Asian Paints

FMCG

165

38

Jignesh P Shah

Financial Technologies

Services

39

Sudhir Mehta

37

Torrent Pharma

Pharmaceuticals

869.98

2035.41

1325.40

1972.86

136.29

1918.60

1047.58

1873.81

The Billionaire Club z NOVEMBER 2005

The gap between the top


two richest Indians, Azim Premji
(Rs 419 billion) and Mukesh & Anil
Ambani (Rs 377 billion), narrowed
further this year

RANK
2004

2005

59

Wealth (Rs crore)


Promoters

Flagship company

Industry

Aug 31, 04

Aug 31, 05

40

Gracias Saldanha

Glenmark Pharma

Pharmaceuticals

561.64

1860.28

33

41

K Dinesh & Family

Infosys Technologies

19

42

Kiran Mazumdar-SShaw

Biocon

IT

1230.95

1841.64

Biotech

2106.99

1773.09

35

43

S S Bhartia

29

44

K Anji Reddy

Jubilant Organosys

Chemicals

1092.62

1686.31

Dr Reddy's Labs

Pharmaceuticals

1467.08

1646.53

31

45

61

46

D B Gupta

Lupin

Pharmaceuticals

1320.27

1565.03

R P Goenka

CESC

Diversified

559.65

1523.58

41
180

47

Shapoorji Pallonji

Shapoorji Palonji

Diversified

957.82

1460.58

48

P K Jain & Family

Gujarat Fluorochemicals

Industrial Gases

108.94

1394.22

121

49

Venugopal Dhoot

Videocon Industries

Diversified

227.72

1376.47

102

50

Kishore Biyani

Pantaloon Retail

Retail

294.53

1368.56

45

51

S D Shibulal & Family

Infosys Technologies

IT

859.83

1286.40

53

52

Kirloskar Family

Kirloskar Brothers

Engineering

599.93

1241.07

64

53

B K Birla

Century Textiles

Textiles

527.51

1237.28

NA

54

Sammer Gehlaut, Rajiv Rattan, Saurabh K Mittal

Indiabulls Financial Services

Services

92.36

1161.08

55

55

Hemendra Kothari

DSP Merrill Lynch

Services

587.27

1126.96

47

56

N Prasad & M Ravinder

Matrix Lab

Pharmaceuticals

779.53

1113.72

71

57

Harsh Charandas Mariwala

Marico

FMCG

488.59

1088.45

49

58

Dinesh T Shah

Asian Star Co

Diamond

752.00

1063.49

69

59

S K Bangur

West Coast Paper

Diversified

493.77

1053.79

54

60

Anu Aga

Thermax

Engineering

592.27

1048.00

67

61

B K Parekh & Family

Pidilite Ind

FMCG

505.07

1041.42

50

62

R D Shroff

United Phosphorus

Chemicals

701.14

1026.66

111

63

Ajit Gulabchand

HCC

Construction

257.26

1022.22

62

64

Arvind N Lalbhai

Arvind Mills

Textiles

559.54

1005.67

73

65

Priyamvada Birla estate

Birla Corpn

Diversified

477.03

1000.54

42

66

Y G Bilakhia

Micro Inks

Chemicals

936.35

990.52

40

67

P V Ramaprasad Reddy

Aurobindo Pharma

Pharmaceuticals

972.25

983.32

68

68

PRS Oberoi

EIH Ltd

Hotel

502.30

972.22

72

69

M V Subbiah

EID Parry

Diversified

486.23

970.15

97

70

N Sankar

India Cements

Cement, Petrochem

310.86

947.70

117

71

S K Jain

Panacea Biotec

Pharmaceuticals

237.78

946.81

52

72

Venkattram Reddy

Deccan Chronicle

Media

621.82

934.12

93

73

Kuldip Singh Dhingra

Berger Paints

FMCG

334.75

923.92

48

74

Murali K Divi

Divi's Laboratories

Pharmaceuticals

778.59

923.65

95

75

L G Balkrishna

Super Spinning

Textiles

330.63

915.21

65

76

S S Jindal

Jindal Poly Films

Photographic, Packaging

513.15

896.07

115

77

Vidya M Chhabria

Shaw Wallace

Breweries & distilleries

240.25

893.86

78

M L Mittal

Steel

406.45

869.63

81

The Billionaire Club z NOVEMBER 2005

Ispat Ind

IT, pharma, services


and diversified
business created
wealth aggregating
Rs 2,485 billion

RANK
2004

2005

57

Wealth (Rs crore)


Promoters

Flagship company

Industry

Aug 31, 04

Aug 31, 05

79

Jamuna Raghavan

Infosys Technologies

IT

575.02

860.29

129

80

Dharaprasad Poddar

56

81

Vivek Chaand Sehgal

Balkrishna Ind

Textiles & paper

203.73

848.99

Motherson Sumi Systems

Auto ancillaries

583.64

844.08

46

82

Gautam S Adani

63

83

Chandru L Raheja & Family

Adani Exports

Trading

831.07

839.76

Shopper's Stop

Retail

546.72

839.20

85

84

Pravin Kumar Tayal

75

85

Vijaypat Singhania

Bank Of Rajasthan

Diversified

375.08

836.22

Raymond

Textiles

461.75

832.30

120

86

CP Krishnan Nair

79

87

Nitin Sandesara

Hotel Leela Venture

Hotel

234.34

815.60

Sterling Biotech

Pharmaceuticals

433.83

806.44

78

88

Arvind Dham

51

89

K M Seth

Amtek Auto

Auto ancillaries

439.12

802.01

G E Shipping

Shipping

668.97

787.05

112

90

164

91

Shishir Bajaj

Bajaj Hindustan

Sugar

246.64

780.47

Pravin Patel

Patel Engineering

Construction

136.65

772.53

104

92

Prannoy Roy

NDTV

Media

285.48

764.55

128

93

Analjit Singh

Max India

Pharmaceuticals

204.03

762.66

76

94

Prem Kishan Gupta

Gateway Distriparks

Logistics

460.80

760.66

108

95

Reji Abraham

Aban Loyd Chiles

Drilling

270.68

747.27

74

96

L M Thapar

Ballarpur Ind

Diversified

474.22

746.32

135

97

Ajay S. Shriram

DCM Shriram Cons

Diversified

190.81

736.71

86

98

PR Ramasubrahmaneya Rajha

Madras Cements

Diversified

368.28

724.83

70

99

R T Vyas

Dishman Pharma & Chem

Pharmaceuticals

488.61

715.65

96

100

S P Oswal

Mahavir Spinning Mills

Textiles

311.05

715.55

58

101

Madanlal J Hinduja & Family

Gokaldas Exports

Textiles

561.76

707.85

103

102

Vivek Saraogi

Balrampur Chini

Sugar

285.55

696.88

101

103

D P Jindal

Jindal Drilling

Drilling

300.53

693.04

131

104

Gautam Thapar

Crompton Greaves

Engineering

201.14

682.51

162

105

G L Jagatramka & Family

Gujarat NRE Coke

Coal & Coke

138.83

680.68

60

106

R A Chandavarkar

FDC

Pharmaceuticals

561.01

646.28

66

107

M L Lohia

Indo Rama Synth

Textiles

512.28

621.21

133

108

R K Somany

Hindustan Sanitaryware

Diversified

193.07

607.23

105

109

Arun K Saraf

Asian Hotels

Hotel

283.97

606.21

83

110

M R Chandurkar and Premchand Godha

Ipca Lab

Pharmaceuticals

395.69

605.68

94

111

Rajan Raheja

Prism Cement

Cement & others

332.88

604.53

127

204.67

599.09

69.03

590.74

177.62

590.44

50.57

586.81

112

B M Thapar

Greaves Cotton

Engineering

NA

113

Kailash Shahra

Ruchi Soya

Diversified

143

114

Lalit Khaitan

Radico Khaitan

Breweries & distilleries

NA

115

A C Muthiah

SPIC

Diversified

90

116

Subrata Roy Sahara

Sahara India Mass Commn

Entertainment

345.14

569.83

117

Tushar K Jani, Clyde Cooper & Khushroo Dubash

Services

221.84

566.50

122

Blue Dart Express

The Billionaire Club z NOVEMBER 2005

RANK

Wealth (Rs crore)

2004

2005

Promoters

Flagship company

Industry

Aug 31, 04

Aug 31, 05

NA

118

Arun Bharat Ram

SRF

Textiles

75.87

566.38

118

119

Ashok Punj

PSL

Steel, Engineering

237.47

546.43

107

120

Gopiram Goenka & Balkrishna Goenka

Welspun India

Textiles

277.22

539.63

100

121

Prathap Reddy

Apollo Hospitals

Services

302.69

538.75

82

122

Dinesh Himatsingka Seide

Himatsingka Seide

Textiles

405.17

536.70

NA

123

Radhakrishna R Ruia

Phoenix Mills

Retail

40.98

527.85

124

124

R S Agarwal

Emami

FMCG

219.23

524.05

114

125

B M Khaitan

Eveready Industries

Diversified

243.65

516.94

NA

126

Mofatraj P Munot

Kalpataru Power Transmission Engineering

72.44

509.92

91

127

Brij Bhushan Singhal

Bhushan Steel & Strips

Steel

335.10

501.71

125

128

Chirayu R Amin

Alembic

Pharmaceuticals

213.27

485.91

NA

129

Ramesh Chandra

Unitech

Construction

93.87

470.46

147

130

Sanjay Dalmia

GHCL

Diversified

170.03

468.60

142

131

Arvind Kapur & Family

Rico Auto

Auto ancillaries

177.90

464.95

98

132

B M Labroo

Asahi India Glass

Auto ancillaries

309.90

458.01

109

133

P P Chhabria

Finolex Ind

Diversified

268.92

445.05

99

134

Onkar S Kanwar

Apollo Tyres

Tyres

304.20

441.65

113

Textiles

135

Rajinder Gupta

Abhishek Ind

245.46

441.64

110

136

J B Mody

JB Chemicals & Pharmaceuticals Pharmaceuticals

268.21

434.67

92

137

Deepak Puri

Moser Baer

IT

334.81

422.24

159

138

KK Bangur

Graphite India

Electrodes & others

142.16

420.35

168

139

C K Birla

Orient Paper & Ind

Diversified

128.49

412.97

145

140

Krishna Kumar Modi

Godfrey Phillips

Diversified

174.23

408.49

132

141

Kamal K Singh

Rolta

IT

200.80

408.46

106

142

Ghanshyam Kejriwal

Electrosteel Castings

Steel

280.79

406.62

NA

143

B R Taneja

Indian Seamless Steel

Steel

59.60

404.62

152

144

K S Raju

Nagarjuna Fertilizers

Pharmaceuticals

153.41

400.77

176

Sintex Ind

Textiles & plastics

112.32

396.58

66.93

396.26

145

Dinesh B Patel

NA

146

Pankaj Kumar, Kiran Kulkarni, Prashant Mulekar,Mahesh Murthy Geodesic Information Sys

136

IT

147

M A M Ramaswamy

Chettinad Cement

Cement

185.38

394.11

80

148

Atul K Nishar

Hexaware Technologies

IT

426.11

392.22

126

149

Prakash A Mody

Unichem Labs

Pharmaceuticals

209.48

383.20

157

150

G P Goenka

NRC

Diversified

146.65

382.65

NA

151

M D Mundhra

Simplex Concrete Piles

Construction

31.48

367.81

116

152

Jeetendra Kapoor

Balaji Telefilms

Entertainment

239.50

365.82

88

153

Aroon Purie

TV Today

Media

351.21

352.17

NA

154

Jasvant Rai Mehta, Rajesh J Mehta and Prashanth J Mehta

Rajesh Exports

Trading

81.25

348.88

163

155

Mohan Bhandari,Kiran Bhandari,Prakash Bhandari

Bilcare

Pharmaceuticals

138.16

348.42

156

B. Malla Reddy, P.A. Chitrakar, C. Prameelamma

51.74

345.69

NA

The Billionaire Club z NOVEMBER 2005

Astra Microwave

Telecom equipment

RANK

Wealth (Rs crore)

2004

2005

Promoters

Flagship company

Industry

Aug 31, 04

Aug 31, 05

156

157

S.V. Balasubramaniam

Bannari Amman Sugars

Sugar

149.65

342.14

166

158

C.K. Mehta

89

159

Arun Jain

Deepak Fertilisers

Fertilizers

134.13

341.56

Polaris Software

IT

349.97

340.34

NA

160

150

161

Suresh Kalapati

SSI

IT

61.98

334.85

Chandrakant V Gogri

Aarti Ind

Pharmaceuticals

157.71

333.28

123
138

162

Ashok M Advani

Blue Star

Engineering

221.42

329.45

163

A R Gala

Navneet Publications

Services

183.08

322.67

NA

164

M M Thapar

JCT

Textiles

160

165

Raghu Hari Dalmia

OCL India

Cement & others

NA

166

Sushil Ansal,Gopal Ansal,Deepak Ansal

Ansal Housing & Constn

Construction

161

167

L. N. Jhunjhunwala

Rajasthan Spinning

Textiles

141

168

Sanjay Jhunjhunwala

Rei Agro

Food processing

178.76

313.25

NA

169

Yogesh Andlay, Vishnu R Dusad and Arun Jain

Nucleus Software

IT

36.95

304.89

130

91.02

317.26

140.02

316.05

35.92

315.80

139.95

313.93

170

K M Mammen

MRF

Tyres

203.59

303.54

155

171

Asif Khader, Mukarram Jan

Cranes Software

IT

149.73

292.00

154

172

Bhavarlalji Jain

Jain Irrigation Systems

Irrigation

150.69

291.86

NA

173

Sanat M Shah

Manugraph India

Engineering

41.11

291.64

148

174

Rajan Nanda

Escorts

Automobiles

159.30

285.88

NA

175

Anil Sarin, Ashok Sarin, M L Bhasin, H L Bhasin

Anant Raj Ind

Construction

8.21

284.12

169

176

Sandeep Jajodia & Family

Monnet Ispat

Steel

126.55

283.33

NA

177

S Parthasarathy

Aztec Software & Techno

IT

83.06

283.04

87

178

Lalit S. Kanodia

Datamatics Techno

IT

357.64

282.20

NA

179

V K Goel

Dhampur Sugar

Sugar

32.60

275.04

139

180

Ashok B Jiwrajka

Alok Inds

Textiles

181.45

274.65

NA

181

Santoshkumar Reddy

Rain Calcining

Aluminium chemicals

95.18

272.06

NA

182

H K Mittal

Mercator Lines

Shipping

95.34

267.47

NA

183

Prem Singhee, Padam Singhee

Shivvani Oil

Drilling

40.10

266.90

185

184

H S Singhania

JK Ind

Diversified

106.59

266.35

151

185

B M Bhansali and P R Bhansali

Bhansali Engg Polymers

Petrochemicals

157.57

262.49

NA

186

C N Desai

Apar Ind

Textiles

85.25

261.00

NA

187

B K Jhawar

Usha Martin

Steel

85.45

258.93

NA

188

Sriram Thyagaraj

Shriram Investments

Finance

67.63

255.75

137

189

Devineni Raja Sekhar

Nava Bharat Ferro

Steel

184.21

253.27

119

190

Sanjiv Goyal

Nectar Lifesciences

Pharmaceuticals

235.53

251.85

188

191

Chhotalal S Ajmera

Shree Precoated Steels

Steel

101.08

247.80

NA

192

K. Narayana Rao, Kiran Kumar Grandhi

GMR Ind

Ferro alloys

53.62

246.39

189

193

K R Rao and M N Reddy

Orchid Chem & Pharma

Pharmaceuticals

101.08

243.35

173

194

D Jayavarthanavelu

LMW

Engineering & others

116.83

242.08

195

N Seethaiah and N Krishnaiah

50.41

241.25

NA

Madhucon Projects

Construction

The Billionaire Club z NOVEMBER 2005

The number of IT billionaires


increased by 12 to 44 as the
market saw yet another
upsurge in the fortunes of
the IT sector

RANK

Wealth (Rs crore)

2004

2005

Promoters

Flagship company

Industry

Aug 31, 04

Aug 31, 05

NA

196

P C Kapoor and Vijay Kumar

Bharati Shipyard

Engineering

66.00

240.71

NA

197

L.N.Agarwal & Family

Suryalakshmi Cotton

Textiles

182

198

Qimat Rai Gupta and S K Gupta

Havell's India

Engineering

66.40

240.04

107.86

239.97

144

199

Suresh G Kare

Indoco Remedies

Pharmaceuticals

177.39

239.56

184

200

Dilip D Khatau

Varun Shipping

Shipping

106.89

237.95

181

201

Chaturvedi Ashok

Flex Ind

Diversified

108.43

237.90

167

202

Abhay Firodia

Force Motors

Automobiles

133.12

233.79

NA

203

Siddharth Shriram

SIEL

Diversified

49.88

229.62

NA

204

J K Malhoutra

Dynamatic Technologies

Engineering

16.60

227.39

172

205

Manmohan R Shetty, Vasanji A Mamania

Adlabs Films

Entertainment

118.85

223.70

NA

206

Patel J V

GMM Pfaudler

Engineering

23.88

218.83

134

207

Gajanan R Tirodkar

GTL

IT

190.96

218.46

140

208

Asank Desai, S Radhakrishnan, Sudhakar Ram

Mastek

IT

179.04

215.82

NA

209

L P Jaiswal

Jagatjit Ind

Breweries & distilleries

60.38

215.35

NA

210

AB Advani & Family

Ador Welding

Engineering

33.21

213.72

NA

211

R K Garg

Steel Strips & Tubes

Steel

79.49

211.24

NA

212

Raghav Bahl and Sanjay R Chaudhuri

TV 18

Media

77.25

208.31

149

213

V C Nannapaneni

Natco Pharma

Pharmaceuticals

158.82

207.60

179

214

Arun Kumar, K. R. Ravishankar

Strides Arcolab

Pharmaceuticals

109.53

205.16

NA

215

Irshad Mirza and Rashid Mirza

Mirza Tanners

Leather

79.04

202.87

NA

216

Subhashchandra C. Mehta

Vishal Exports Over

Diamond

54.06

202.44

146

217

Jayesh Choksey

Gufic Biosciences

Pharmaceuticals

171.57

202.12

NA

218

P Subramanian

Shanthi Gears

Auto ancillaries

74.52

201.94

NA

219

Khalid Ansari and Tarique Ansari

Mid-day Multimedia

Media

68.12

201.74

NA

220

Gautam N Mehra

Savita Chemicals

Pharmaceuticals

77.94

200.13

153

221

G l Mirchandani

Mirc Electronics

FMCG

150.99

199.24

190

222

L N Bangur

AP Paper

Diversified

100.54

198.95

NA

223

B I Patel

Eimco Elecon

Engineering

183

224

Rajiv Mehrotra, Ajay Khanna, Alok Tandon

Shyam Telecom

Telecom equipment

NA

38.00

195.94

106.95

194.65

225

Navintal R Shah

Ashapura Minechem

Mining

52.09

191.09

175

226

B L Taparia

Supreme Ind

Petrochem & Plastics

114.00

188.46

178

227

M.M. Kothari

Kothari Products

FMCG

110.85

186.21

NA

228

Annapurna G, Padmaja R

Helios & Matheson

IT

13.82

181.93

NA

229

Anil K Sethi & Family

Subhash Projects

Construction

19.57

181.36

NA

230

Nimesh Nagindas Kampani

J M Financial

Services

24.04

176.81

NA

45.27

173.50

6.85

173.24

99.92

172.46

100.35

169.65

231

Sudhir Reddy & Family

IVRCL Infrastructure

Construction

NA

232

Balbir Singh Uppal

Lakshmi Overseas

Trading

NA

233

Trilochan Sahney

NRB Bearings

Auto ancillaries

234

Satish Kaura

191

The Billionaire Club z NOVEMBER 2005

Samtel Color

FMCG

10 new pharma billionaires


were added this year taking the
tally to 46. They increased their
wealth by over Rs 200 billion to
Rs 585 billion

RANK

Wealth (Rs crore)

2004

2005

Promoters

Flagship company

Industry

Aug 31, 04

Aug 31, 05

NA

235

Kunal Lalani, Surendra Chhalani

Mega Corporation

Construction

22.55

167.18

NA

236

Rameshkumar S Goenka

Suashish Diamonds

Diamond

171

237

Subash Menon and Alex P J

Subex Systems

IT

72.68

167.07

119.46

166.50

158

238

S Devendra, S Abhaya Kumar, S Vimal Kumar

Shasun Chemicals

Pharmaceuticals

144.40

166.02

NA

239

Dewan Kuldip Singh Wadhawan and his Family

Dewan Housing Fin Corp

Construction

42.64

165.97

NA

240

Jawahar Lal Oswal

Nahar Spinning

Textiles

89.39

163.97

NA

241

Anil K Mittal, Anoop K Gupta and Arun K Gupta

KRBL

Food processing

59.49

161.78

NA

242

K M Chanderia and D J Khimsia

Aegis Logistics

Logistics

20.79

159.04

NA

243

Anil Nanda

Goetze

Auto ancillaries

57.39

158.07

NA

244

Chatterjee group

Galaxy Entertainment

Entertainment

170

245

Salil Chaturvedi

Provogue (India)

Retail

NA

246

Ashok Kajaria

Kajaria Ceramics

NA

247

Jatendra Kumar Mehta & Ravinder Kumar Mehta

Omax Autos

NA

26.12

157.67

124.80

156.48

Ceramics

63.33

156.47

Auto ancillaries

62.10

155.04

248

R V Kanoria

Kanoria Ind

Cement, alkalies

64.57

154.95

NA

249

Rajinder Miglani

Uttam Galva

Steel

63.79

154.03

174

250

DK Singhania, L K Singhania, Sanjiv Shriya

LML

Automobiles

114.24

153.36

NA

251

Vinod P. Arora

Aarvee Denim

Textiles

22.38

152.17

NA

252

Poddar Mayank & Chamria Sanjay

Magma Leasing

Finance

19.37

151.60

NA

253

B P and K K Bajoria

IFGL Refractories

Refractories

44.17

149.51

NA

254

C P Sanghvi and A P Sanghvi

Sanghvi Movers

Engineering

23.05

148.95

NA

255

Mahendra Mehta

Saurashtra Cement

Cement & others

73.90

148.51

NA

256

Jagdish Saxena

Elder Pharma

Pharmaceuticals

69.61

148.31

NA

257

Rishi Agarwal, Saket Agarwal

ABG Heavy Ind

Construction

20.46

148.18

NA

258

B.V.R. Mohan Reddy

Infotech Enterprises

IT

186

259

Sanjiv Saraf

Polyplex Corp

Packaging

NA

71.04

147.54

105.97

145.58

260

G R Morarka

Dwarikesh Sugar

Sugar

44.41

144.04

187

261

Praful A Shah

Garden Silk

Textiles

103.44

139.33

NA

262

Mangilal G Surana

Bhagyanagar Metals

Telephone cables

59.30

138.44

NA

263

Abhishek Dalmia

Revathi Equipment

Engineering

53.65

137.95

177

264

Rohinton Screwvala

UTV Software Solutions

IT

111.43

137.40

NA

265

Mafatlal Arvind N

Mafatlal Ind

Retail

71.54

135.89

NA

266

S.S. Kasliwal

S Kumars Nationwide

Textiles

26.87

129.74

NA

267

Sudha Rani Jasti and Venkateswarlu Jasti

Suven Life Sciences

Pharmaceuticals

81.82

129.34

NA

268

N Mahalingam, M Manickam

Sakthi Sugars

Sugar

41.17

127.13

NA

269

Dr S P Vasireddi

Vimta Labs

Pharmaceuticals

73.91

125.14

NA

270

Shyam Shroff & Family

Shringar Cinemas

Entertainment

79.80

124.46

NA

271

Navinbhai C Dave

Swan Mills

Textiles

17.30

124.38

NA

272

Shantibhai D Patel and K T Lakdawala

Themis Medicare

Pharmaceuticals

38.33

123.88

273

R Chellappan

IT

52.24

122.27

NA

Numeric Power Systems

The Billionaire Club z NOVEMBER 2005

RANK

Wealth (Rs crore)

2004

2005

Promoters

Flagship company

Industry

Aug 31, 04

Aug 31, 05

NA

274

Vishwanath L Agarwal, Rajendra V Agarwal & Family

Donear Ind

Textiles

68.37

121.69

NA

275

Rajendrabhai V Shah and Rajiniben R Shah

Shah Alloys

Steel

43.16

121.65

NA

276

Yash Birla

Birla Power

Diversified

31.90

121.57

NA

277

Manharlal Chunilal Shah & Family

Ruby Mills

Retail

31.39

119.89

NA

278

Dilip Piramal

VIP Ind

Diversified

29.10

119.48

NA

279

Nirmal Jain & Madhu Jain

India Infoline

Media

99.19

119.01

NA

280

C Rajendra Prasad

CCL Products

Agro products

21.52

118.18

NA

281

Tarun Oberoi & Robin Bartholomew

Crew BOS Products

Leather products

24.50

117.93

NA

282

Amit C Choksey

Aeonian Investments

Services

18.95

117.89

NA

283

Ranjit Dhuru

Aftek Infosys

IT

56.99

117.47

NA

284

Mahendra Ratilal Mehta & Family

Precision Wires

Metals

35.47

117.26

NA

285

Sobhagmal Maloo & Family

Murli Agro Products

Agro products

15.34

116.41

NA

286

D C Anand

Gabriel India

Auto ancillaries

53.09

115.72

NA

287

A V S Raju

Nagarjuna Construction

Construction

93.13

113.85

NA

288

D.V.S.Raju

Visualsoft Technologies

IT

96.81

112.82

NA

289

Bhagirath C Arya

JBF Ind

Textiles

57.83

112.61

NA

290

Falgunbhai Chimanbai Patel & Family

Sandesh

Media

49.29

112.56

NA

291

Garware Family

Garware Polyester

Diversified

59.91

111.72

NA

292

Umashankar Agrawal

Su-Raj Diamonds

Diamond

43.45

111.48

NA

293

Palem Srikanth Reddy

Four Soft

IT

36.29

110.81

NA

294

Harsh Vardhan Kanoria

Cheviot

Diversified

33.10

110.43

NA

295

K R Naik

D-Link India

IT

87.09

110.10

NA

296

Ashok Atluri, Ravi Kumar and Satish Atluri

Zen Technologies

IT

5.47

109.38

NA

297

B K Patodia & Family

GTN Textiles

Textiles

62.21

109.33

NA

298

T.T. Jagannathan

TTK Prestige

FMCG

19.54

109.26

NA

299

Gupta Vijay Kumar

Gujarat Ambuja Exports

Trading

58.18

109.20

NA

300

Pratap Bhogilal

Batliboi & Co

Engineering

20.19

109.02

NA

301

S. G. Chougule & Family

Champagne Indage

Breweries & distilleries

14.52

108.23

NA

302

Nirmal K Minda & Family

Minda Inds

Auto ancillaries

49.52

107.88

NA

303

Dr Jayaram Chigurupati

Zenotech Laboratories

Pharmaceuticals

6.05

107.26

NA

304

Manikam Ramaswami

Loyal Textiles

Textiles

43.28

106.82

NA

305

Kirpal Singh

Dolphin Offshore

Drilling

12.90

106.08

NA

306

Anil Jain, Sanjiv Mehta, Gopal Munjal

Ind-Swift

Pharmaceuticals

30.34

105.66

NA

307

Hemant Kanoria

SREI Infrastructure Finance

Services

26.37

105.27

NA

308

S B Jain Family

Emco

Engineering

26.21

102.76

NA

309

Padamshi L Soni

Prime Property Development Construction

11.22

100.62

NA

310

B V Rao & Anuradha J Desai

Venky's India

Poultry

31.39

100.04

NA

311

P.M. Sanghvi & Family

Ratnamni Metals & Tubes

Steel

14.30

100.03

The Billionaire Club z NOVEMBER 2005

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