- Big Bull Rakesh Jhunjhunwala invests in 39 stocks
- Jhunjhunwala’s investment is around Rs 24,000 crore
- His investment in Titan Company is worth Rs 10,288 crore
- Earned 5 times in 2.5 years by investing in Star Health Company
According to market information website Trendline, as of September 2021, Jhunjhunwala has invested in shares of about 39 companies. The value of investment in this stock is about 24 thousand crores. Titan Company Limited is one of the preferred shares of Jhunjhunwala. His investment in the company is 4.87%, with a present value of Rs 10,288 crore.
5 times earning from Star Health
Star Health & Allied Insurance Company has announced the price band for its IPO. For which the price band has been kept from Rs 870 to Rs 900. Rakesh Jhunjhunwala and his wife Rekha Jhunjhunwala have a total stake of 17.26% in the company. Here, looking at the amount above the price band, his investment has increased almost 5 times in a year and a half.
The company’s Rs 7,249 crore IPO will open on November 30 and close on December 2. According to the company’s IPO prospectus, the Jhunjhunwala couple had made an average investment of Rs 1,480 crore to the tune of Rs 156.28 crore. The investments were made in different phases from March 2019 to November 2021. Today the value of this investment has reached Rs 8,500 crore. The Jhunjhunwala couple are not selling their stake in the IPO.
second largest stock
Jhunjhunwala’s 4.87% stake in Titan is valued at Rs 10,288 crore as of Wednesday’s market price. Apart from this, Tata Mortar (Rs 1,796 crore), CRISIL (Rs 1,278 crore) and Escorts (Rs 1,153 crore) are his top stocks.
Star Health’s IPO is the third biggest issue of the year. Paytm currently has an IPO of Rs 18,300 crore, while Zomato’s IPO was worth Rs 9,373 crore. It has fresh shares worth Rs 2,000 crore, while 58,324,225 shares will be sold through the offer for sale. As per the upper price band, the country’s third largest health insurance company is valued at Rs 51,000 crore.
Apart from this, Jhunjhunwala has major investments in 39 companies including Fortis, SAIL, Nazra, Jubilant, Federal Bank, Rellis India, Delta Corp, Canara Bank, India Hotels.