Vijay Kishanlal Kedia is an Indian entrepreneur and stock market investor. He started working in the stock market when he was 19 years old. Kedia, through its company Kedia Securities Pvt., owns large stakes in various listed companies in India. He is widely regarded as one of India’s most accomplished equity investors. In 2023, Vijay Kedia made headlines for having a net worth of over Rs 800 crore. According to reports, he once had to borrow 14 rupees to buy milk for his children. However, by 2023, his wealth has exceeded 8 billion rupees.
Wiki/Biography
Dr. Vijay Kishanlal Kedia was born on Wednesday, November 4, 1959, in Kolkata, India (age 63; as of 2023). His zodiac sign is Scorpio. After completing his schooling, he enrolled in Calcutta University to pursue a bachelor’s degree in commerce. Vijay Kedia was awarded the Doctorate of Excellence in Management by the International Confederation of Accreditation Commissions (CIAC) in 2016.
In 1978, when Vijay Kedia was in tenth grade, his father died. He failed his tenth grade exams due to the grief caused by losing his father. Vijay Kedia became interested in the stock market at the age of 14. He started investing in stocks at the age of nineteen.
appearance
Height (approximately): 5′10″
Hair color: black
Eye color: black
family
Vijay Kedia belongs to the Marwari family.
Parents and siblings
His father’s name is Kishnlal Kedia, a stockbroker. His mother’s name is unknown. His grandfather was in the stockbroking business.
wife and children
His wife’s name is Manju Kedia.
The couple has two sons named Pratik Kedia and Ankit Kedia. They are all businessmen.
Profession
stock broker
In 1990, Vijay Kedia decided to move from Kolkata to Mumbai in the hope of finding better opportunities. Kedia said 1992 was a lucky year for him. That same year, the stock market experienced a period of growth and positive trends. Kedia takes advantage of this favorable situation to make profits. He bought shares in Punjab Tractor Company when its share price was Rs. 35 per share. Soon after, he sold the shares at a price 500% higher and used the proceeds to purchase shares in ACC Limited. Later, the value of ACC shares increased by 1000%, which allowed him to make a considerable profit.
After making a lot of money, he bought a house in Mumbai and called his family from Kolkata. However, the stock market crashed in 2001 and he lost all his money. Since then, the stock market has experienced a period of growth from 2002 to 2003. During this period, Vijay Kedia focused on accumulating and increasing his assets and earnings. In 2004 and 2005, he identified three companies (Atul Auto, Aegis Logistics and Cera Sanitaryware) and invested in their stocks. Over the next 10 to 12 years, the stock prices of these three companies increased more than 100 times. In early 2012, Kedia correctly predicted that India would enter a stage of sustained market growth. Later, he founded Cordia Securities.
In 2017, ‘MoneyLife Advisory’ launched ‘Ask Vijay Kedia Microsite’. During this period, Vijay Kedia’s stock portfolio grew by a whopping 170%.
Stock investment philosophy
Dr. Vijay Kedia believes in and follows the SMILE investment philosophy, which is “small scale”, “medium experience”, “big desire” and “extra large market potential”. He is a strong advocate of this investment approach and encourages others to adopt it as well. He advised his followers to persevere and take bold risks during challenging times. Vijay Kedia said that while changes in the stock market are crucial, he also believes that investment, knowledge, courage and patience are also important factors to consider.
public speaker
Vijay Kedia is often invited as a guest speaker to prestigious business schools such as IIM Ahmedabad, IIM Amritsar, IIM Bangalore, MDI Murshidabad and London Business School. Speakers. In addition to being a businessman, he serves as a career guide and is a frequent motivational speaker at TEDx events.
On June 4, 2018, Vijay Kedia gave a speech on careers at London Business School.
Awards, Honors, Achievements
- Kedia was ranked 13th in Business World’s 2016 ranking of the most successful Indian investors.
- In 2017, The Economic Times dubbed Vijay Kedia a “market guru.”
- Vijay Kedia received the Sarvottam Samman Award from Maharashtra Governor Bhagat Singh Koshyari at Raj Bhavan on December 21, 2020.
- In 2022, Vijay Kedia was awarded the Dr. Babasaheb Ambedkar Award by the Governor of Maharashtra.
car collection
Vijay Kedia owns an Audi.
He owns a Rolls Royce.
net worth
As of 2023, Vijay Kedia’s net worth is Rs 847.8 crore.
Facts/Trivia
- Soon after getting married, Vijay Kedia and his wife gave birth to a son. Their financial situation is very difficult and they cannot afford even rupees. 14 Buy milk for the kids. At one point, Kedia had to sell her mother’s gold jewelry to pay for personal expenses. At one point, he highlighted the challenging circumstances he faced as a young man. He said he had to share a room with six other people. Despite the difficulties, his wife managed to save some coins to buy milk for her son. The experience had a profound impact on Cordia. He then became involved in the tea business, but had no luck and encountered many difficulties in establishing a successful business.
- Vijay Kedia loves staying fit. He does physical exercise and yoga regularly to keep himself physically and mentally fit. He loves sharing photos from yoga sessions on social media.
Investing is like yoga, body, mind and soul must be in harmony.Happy #internationalyogaday pic.twitter.com/fWi07YhMe7
— Vijay Kedia (@VijayKedia1) June 21, 2023
- Vijay Kedia as a stock market expert is often invited by many news channels to share his vast knowledge and experience in analyzing the stock market.
- Vijay Kedia often posts inspirational quotes about the stock market on his Twitter account to motivate his followers to invest.
- Many reputed magazines and newspapers frequently feature articles written by Vijay Kedia in their publications.
- Vijay Kedia loves to travel to faraway places in his free time.
- In an interview with the media, Vijay Kedia once talked about his investment strategy. He explained,
People should look for companies with good management…find a very good management, a very honest management, and see that the product the management will grow in, will outperform peers and the economy…. ..invest in these companies for the next 10 – 15 years and you can’t go wrong. “
- In his spare time, Vijay Kedia likes to entertain himself by singing and dancing.
Categories: Biography
Source: HIS Education