Porinju Veliyath is an Indian entrepreneur who works as a fund manager and investor in the stock market. He owns a company called Equity Intelligence India Private Limited, which manages his own investments and those of his clients. In 2017, the Economic Times called him a small-cap expert. Porinju Veliyath’s portfolio grew significantly from 2013 to 2018 due to smart investment choices he made during the bull market phase of the stock market. He invested in a variety of stocks, which contributed significantly to the growth of his portfolio.
Wiki/Biography
Porinju Veliyath was born on Wednesday, June 6, 1962, in Chalakudy village, Thrissur, Kerala, India (age 61; as of 2023). His zodiac sign is Gemini. After completing his schooling, he pursued his Bachelor of Laws degree at the Government College of Law, Ernakulam, Kerala. Once, Porinju Veliyath described in a media conversation that he came from a lower-middle-class family in Chalakudy village near Kochi in Kerala. When he was 16, his family faced many financial difficulties. They had to give up their houses to pay off their debts. It was then that he realized he needed to step up and support his family, so Porinju Veliyath started working as a teenager.
appearance
Height (approximately): 5′10″
Hair color: black
Eye color: black
family
Parents and siblings
There is not much information about his parents.
wife and children
His wife’s name is Litty Porinju Veliyath.
Porinju Veliyath poses with his wife Litty Porinju Veliyath
The couple has two sons named Sunny Porinju and Joshua Porinju and a daughter named Shilpa Porinju.
Porinju Veliyath’s son Sunny Porinju and his wife
Porinju Veliyath’s youngest son Joshua Porinju
Porinju Veliyath’s daughter Shilpa
Porinju Veliyath poses with his grandson
Profession
Porinju started working as an accountant in Rupee. When I was sixteen, I had a monthly salary of 1,000 yuan. Later, he worked as a telephone operator with a salary of Rs. 2,500. In an interview with a popular newspaper, he shared his struggles as a teenager. Porinju Veliyath mentioned,
I had to work since I was a teenager…it wasn’t easy. When I started working, we were homeless. “
corporate sector
He gained experience in financial markets through various positions including fund manager and research analyst. Porinju Veliyath got his first job in the stock market in 1990 as a floor trader at Kotak Securities. He held this position until 1994. In the same year, he moved to Bombay and started using the name Francis (which was the English version of his first name). From 1994 to 1999, Porinju Veliyath worked as a research analyst and fund manager at Parag Parikh Securities.
Young Porinju Veliyath and his son
Stock Market and Entrepreneurs
In 2002, Porinju Veliyath decided to return to her hometown of Kerala because she was dissatisfied with her life in Mumbai. In Kochi, he set up his own company, Equity Intelligence India Private Limited, to manage stock market funds. Porinju Veliyath is known for investing in small companies. However, he also holds shares in some big and well-known companies like Reliance Industries in his portfolio. In September 2021, Porinju Veliyath had personal investments worth Rs 100 crore in his portfolio. 213.11 Crores.
Logo of Kerala Equity Intelligence India Private Limited
Porinju Veliyath is the Director of Arya Vaidya Pharmacy, which has developed the ‘Lever Ayush’ range of Ayurvedic personal care products in collaboration with Hindustan Unilever Limited (HUL).
literary works
In 2008, Porinju Veliyath wrote a book called “Ohariyiloode Engane Nettam Koyyam” (meaning in English “The Complete Step-by-Step Guide to Stock Market and Investing”). The book is published by Dhanam Publications.
Book cover of Ohariyiloode Engane Nettam Koyyam (2008)
car collection
- Porinju Veliyath owns a Jeep Grand Cherokee.
Porinju Veliyath with his sons and car Jeep Grand
- He owns a Toyota Land Prado.
Porinju Veliyath and his Toyota Land Prado
- Porinju Veliyath owns a Mercedes Benz E-Class.
Photos of Porinju Veliyath’s Mercedes-Benz E-Class at his farmhouse
net worth
In April 2023, the investment value of Porinju was Rs. 1.2 billion rupees. According to data from the stock market website, it has increased by more than 2,000% in less than 8 years. In December 2015, his investment amounted to Rs. 587 Crores.
Facts/Trivia
- His name is also Francis.
- Porinju Veliyath frequently uses Twitter to express his views on current events and value investing. He has over 1,000,000 followers on the platform. In 2016, he allegedly tweeted about possible positive developments for Reliance Industries and Jio.
Newbies and options trading! pic.twitter.com/qO7F7AYcIm
— Porinju Veliyath (@porinju) June 16, 2023
- In his free time, he enjoys traveling to faraway places, reading, and writing his own books.
No Switzerland can defeat our own Kashmir! pic.twitter.com/VkhX8AzKV6
— Porinju Veliyath (@porinju) April 6, 2023
- Porinju Veliyath found inspiration in the stock market investing strategies and skills of Udah Kotak and Radhakrishan Damani.
- Porinju Veliyath was in the news in 2017 when she arranged her son’s wedding at the sub-registrar’s office. According to media reports, in order to keep the wedding simple and economical, he only bought two computers for his office. Shortly after the wedding, he shared a photo of the newlyweds on Twitter with a caption. Paulinju Villas wrote,
My son @sunnyporinju just got married today; the deputy registrar asked for a couple of office computers – the only wedding fee. I posted the photo from the registration office itself. This was just mentioned casually. I don’t want to take it too seriously. “
- Besides being a businessman, he is also a sports enthusiast. Porinju Veliyath is a passionate football player who enjoys playing football with his students on the weekends. In his free time, he also enjoys watching football games and analyzing team strategies.
Porinju Veliyath plays football with students
- Famous Indian news channels often invite Porinju Veliyath to their live shows where he shares stock market investment strategies with their viewers.
Porinju Veliyath on News Live Channel
- Porinju Veliyath is an animal lover and a loving pet owner. He keeps several pets at his farmhouse in Kochi. Porinju Veliyath loves to post pictures of his pets on social media.
Porinju Veliyath spends time with his farm animals
Porinju Veliyath and his pet dog
Porinju Veliyath poses with his farmhouse birds
- Porinju Veliyath likes to drink wine occasionally.
Porinju Veliyath drinks with wife Litty
- In May 2023, Porinju Veliyath opened a knowledge center in her hometown of Kochi. He posted some photos of the center on his Twitter account.
Porinju Veliyath poses outside his Porinju Veliyath Foundation
Categories: Biography
Source: HIS Education