Ashish Kacholia: The Astute Investor and Philanthropist Shaping India's Financial Landscape

Ashish Kacholia: The Astute Investor and Philanthropist Shaping India's Financial Landscape
Ashish Kacholia Success Story199

Ashish Kacholia is the face of the Indian investment market. With his skills in finding growth opportunities in small and mid-cap companies, he has proven himself outstanding. A person with decades of experience in the financial market, he has become one of the household names of retail investors and an important figure in the Indian investment landscape. As a philanthropist, Kacholia is driven by a passion for helping underprivileged communities that need no comparison.

Let's look at the story of Ashish Kacholia. We will discuss his net worth, education, personal life, philanthropy, and more.

Ashish Kacholia - Biography

Full Name Ashish Kacholia
Birthplace Mumbai, India
Nationality Indian
Education Bachelor's degree in Production Engineering, Master of Business Administration (MBA)
College Jamnalal Bajaj Institute of Business Studies (JBIMS)
Occupation Investor, Entrepreneur
Known For Founder of Lucky Investment Managers
Other Titles Co-founder of Hungama Digital
Parents Ramesh Kacholia (father)
Philanthropic Focus Education, Healthcare, Livelihoods, Wildlife Conservation, Sports
Hobbies Golf, Music, Fitness

Ashish Kacholia - Early Life
Ashish Kacholia - Family
Ashish Kacholia - Career Highlights
Ashish Kacholia - Stock Investments
Ashish Kacholia - Philanthropy
Ashish Kacholia - Awards and Recognition
Ashish Kacholia - Facts
Ashish Kacholia - Legacy and Impact

Ashish Kacholia - Early Life

Ashish Kacholia was born into the Marwari family of a Mumbai business house. These people are known for being great businessmen. Ashish used to be very keen on numbers and analysis from his early days, which later defined his success in the financial markets.

He had a Bachelor's in Production Engineering from Mumbai University and later earned an MMS from Jamnalal Bajaj Institute of Management Studies. It was during these periods of academic pursuit that his skills in analysis were enhanced well and the sound foundations for his entry into the finance business were developed.

Ashish Kacholia - Family

Ashish Kacholia is married to Sushmita Kacholia, and they have three children. Despite his professional commitments, he values family time and remains deeply rooted in his cultural traditions.

In his free time, Kacholia can be found playing golf and listening to music besides regular fitness. A balanced life thus speaks of professional success blending into personal satisfaction.

Ashish Kacholia - Career Highlights

  • Early Career: Kacholia began his career with Prime Securities, where he gained firsthand experience in investment banking and equity research. His journey continued at Edelweiss Capital, further refining his understanding of market dynamics and client management.
  • Co-founder of Hungama Digital: In 1999, he co-founded Hungama Digital with Rakesh Jhunjhunwala as a pioneering venture in the digital entertainment space of India. That demonstrated his innovative spirit and ability to spot emerging opportunities, which ultimately served as the bedrock for his success.
  • Lucky Investment Managers: He established Lucky Investment Managers, a proprietary investment firm specializing in small and mid-cap stocks. His investment philosophy lies in finding undervalued companies with strong fundamentals and great growth potential.
  • Investment Strategy: Kacholia's portfolio runs very wide across sectors from chemicals and pharmaceuticals, to infrastructure, logistics and consumer goods. He is also known as "Big Whale" among the retail investors for the depth of his research and his acumen as an investor.

Ashish Kacholia - Stock Investments

Ashish Kacholia is known as the Big Whale thanks to his in-depth research and investor acumen. Here are some of the stocks he has invested in: 

Company Sept 2024 Value Cr
Agarwal Industrial Corporation Ltd. 4 75.2
AMI Organics Ltd. 1.84 159.56
Beta Drugs Ltd. 12.52 239.74
Carysil Ltd. 3.52 75.09
DU Digital Global Ltd. 9.15 40.77
Faze Three Ltd. 5.42 55.81
Fineotex Chemical Ltd. 2.74 103.47
Inflame Appliances Ltd. 4.2 12.44
Knowledge Marine & Engineering Works Ltd. 2.78 69.36
Raghav Productivity Enhancers Ltd. 2.02 31.95
Safari Industries (India) Ltd. 1.84 229.01
Shaily Engineering Plastics Ltd. 5.83 391.77
Stove Kraft Ltd. 1.75 48.64
Xpro India Ltd. 3.67 119.67
Yasho Industries Ltd. 4.17 96.13
SG Finserve Ltd. 1.14 26.05
Aeroflex Industries Ltd. 1.81 46.61
Balu Forge Industries Ltd. 1.82 156.62
BEW Engineering Ltd. 8.54 8.01
Dhabriya Polywood Ltd. 6.67 27.8
NIIT Learning Systems Ltd. 2.02 122.46
Universal Auto Foundry Ltd. 8.32 9.85
Vasa Denticity Ltd. 3.8 45.49
Zaggle Prepaid Ocean Services Ltd. 2.37 153.12
Basilic Fly Studio Ltd. 1.99 15.84
Brand Concepts Ltd. 1.6 8.55
Tanfac Industries Ltd. 1.19 34.29
Updater Services Ltd. 1.5 37.88
Awfis Space Solutions Ltd. 4.77 239.22
Man Industries (India) Ltd. 2.1 43.16
Megatherm Induction Ltd. 1.68 10.53
Saakshi Medtech & Panels Ltd. 3.53 13.58
Sanjivani Paranteral Ltd. 3.17 13.99
Walchandnagar Industries Ltd. 3.17 51.05
Advait Infratech Ltd. 2.67 44.64
Aimtron Electronics Ltd. 1.11 12.75
Bharat Parenterals Ltd. 1.98 19.93
Cosmic CRF Ltd. 6.52 84.02
Jyoti Structures Ltd. 2.52 63.38
Radiowalla Network Ltd. 7.78 6.03
TBI Corn Ltd. 4.22 14.04

Ashish Kacholia - Philanthropy

Ashish Kacholia is deeply involved in philanthropy, with a focus on:

  • Education: He has supported the development of educational institutions, notably contributing to the evolution of a private school for slum children in Tikiapara, Kolkata. The Samaritan Help Mission school, which began in a 350 sq. ft. space for 25 students, has transformed into a multi-storeyed structure providing digitized education to over 3,000 students up to Class X.
  • Healthcare: As a Super Donor of the Sankara Eye Foundation, Kacholia has played a pivotal role in advancing eye care and combating preventable blindness. His contributions extend to funding hospitals and organizing medical camps in underserved regions.
  • Livelihoods and Wildlife Conservation: Kacholia supports initiatives that promote sustainable livelihoods for rural communities and protect wildlife habitats. His philanthropic efforts reflect a holistic approach to societal and environmental well-being. 
  • Disaster Relief and Pandemic Response: During the COVID-19 pandemic, Kacholia actively contributed to relief efforts, funding healthcare supplies and supporting frontline workers. His timely interventions helped mitigate the crisis' impact on vulnerable populations.

List of Top 15 Philanthropist in India 2024
A philanthropist is a person who donates their wealth for the betterment of the world. Here’s a list of the top philanthropist of India.

Ashish Kacholia - Awards and Recognition

While specific awards and recognitions are not extensively documented, Kacholia's investment prowess and philanthropic contributions have earned him respect and admiration within the financial community and beyond.

Ashish Kacholia - Facts

  • He is being referred to as the "Big Whale" among retail investors because he has invested in very small and mid-cap firms.
  • Co-founder of Hungama Digital since 1999, when he was the first employee of Rakesh Jhunjhunwala.
  • Among such portfolios of Kacholia include chemicals, pharmaceuticals consumer packages, consumer goods metals and Steel infrastructure sectors, and Logistics.
  • He is a trustee at Plaksha University, which reflects his interest in promoting education in India.
  • Despite his substantial wealth and influence, Kacholia maintains a low public profile, focusing on his work and philanthropic activities.

Ashish Kacholia - Legacy and Impact

Ashish Kacholia is an inspiring story of the journey of a budding investor turning into a stalwart in India's financial markets. His dual focus on wealth creation and societal betterment reflects financial acumen's potential for social good. Kacholia’s legacy is not only defined by his market successes but also by his unwavering commitment to uplifting communities and improving lives.


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FAQs

Who is Ashish Kacholia?

Ashish Kacholia is a well-known Indian investor. He is famous for investing in small-cap and mid-cap stocks. Over time, he built a strong reputation for identifying high-growth companies early. Ashish Kacholia’s stock portfolio is closely watched by investors for ideas and trends. He is also the founder of Lucky Investment Managers.

What does Lucky Investment Managers do?

Lucky Investment Managers is an investment firm founded by Ashish Kacholia. It focuses on managing equity investments, primarily in small-cap and mid-cap stocks. The firm is known for identifying high-growth companies and building long-term value for investors.

What is Ashish Kacholia net worth?

Ashish Kacholia net worth is INR 3,166.6 crore as of December 2024.

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