Porinju Veliyath is an Indian Investor. He is a well-known Investor and Fund Manager for his great investment strategies and value stock picks. He had the toughest life journey at the earlier stage of his life filled with so many struggles. Now, he becomes one of the most successful stock traders in India.
Porinju Veliyath Net Worth 2020
Porinju Veliyath holding 13 stocks in the stock market which has a Net worth of Rs 23.7 Crore. He enters and exits in the stocks according to the movement of the market so the number of holdings getting changes in every quarter.
Porinju Veliyath Biography
| Full Name | Porinju Veliyath |
| Birthdate | 6th June 1962 |
| Birth Place | Chalakudy, India |
| Residence | Cochin, India |
| Age | 56 Years |
| Occupation | Investor, Fund Manager |
| Marital Status | Married |
| Spouse | Litty Porinju |
Education and Career
He did his graduation in Bachelors of Laws (LLB) from Government Law College in Ernakulam. At the earlier stage of his age, the family income was not enough to satisfy their basic needs then he decided to get a job along with his study to help his family. He started a job in the firm as an accountant when he was just 16 years old with a Salary of Rs. 1000. The salary was not enough and he didn’t get any job with a good salary in his home town Kochi then he decided to move to Mumbai for getting a good job. He already completed his graduation from Kochi with working for few jobs.
After coming to Mumbai, Porinju got a job in the trading company named Kotak Securities as a Floor Trader and started to learn everything about the stock market. He almost worked for four years with Kotak and became an expert in the Stock market. He later left the job from Kotak and joined as a Fund Manager at Parag Parikh Securities in 1994 at where he worked for five years.
Porinju came back to his home town in 1999 and decided to earn from the stock market with his own skills which he earned from his previous jobs. He started to invest his money for several stocks according to his strategies, skills, and knowledge of future markets.
He later started his own Fund Management Company named Equity Intelligence which was incorporated in 2002. The company provides a highly personalized portfolio Management Service which has a minimum investment requirement of Rs. 50 lakh.
Portfolio and Holdings
He started his major investment by investing in Geojit Financial Services which was trading at the lower rate at the time of investing. The investment was proved to be a Multi-bagger and help him to own a house. Here is a list of stocks holding by Porinju Veliyath.
| Stock | Buy Rate | Last Rate | Status | Exchange |
| ABC India | 102.2 | 58.25 | Loss | BSE |
| Alpa Laboratories | 31.3 | 28.7 | Loss | NSE |
| Archies Ltd | 28.23 | 27.55 | Loss | BSE |
| Arvind SmartSpaces | 35.59 | 114.6 | Profit | NSE |
| Balkrishna Paper Mil | 56.99 | 72.4 | Profit | NSE |
| BDH Industries | 42.84 | 73.85 | Profit | BSE |
| Eastern Treads | 98 | 55 | Loss | BSE |
| Emkay Global Financial Services | 56.93 | 219.2 | Profit | NSE |
| Flex Foods | 82.68 | 75.75 | Loss | BSE |
| Globus Spirits | 66.3 | 125.05 | Profit | NSE |
| Gokaldas Exports | 67.81 | 75.9 | Profit | BSE |
| Harrisons Malayalam | 72.19 | 89 | Profit | BSE |
| IZMO | 36.4 | 71.4 | Profit | BSE |
| Jubilant Life Sciences | 516 | 745 | Profit | NSE |
| Linc Pen and Plastic | 88.23 | 308 | Profit | BSE |
| Palred Technologies | 99.99 | 35.7 | Loss | BSE |
| Sahyadri Industries | 86.42 | 216.3 | Profit | BSE |
| Samtex Fashions | 70.32 | 1.65 | Loss | BSE |
| Simran Farms | 41.1 | 50.9 | Profit | BSE |
| Stylam Industries | 89.49 | 710 | Profit | BSE |
| Tara Jewels | 52.64 | 3.55 | Loss | NSE |
| Tera Software | 75.27 | 29.3 | Loss | BSE |
| V2 Retail | 39.54 | 270 | Profit | NSE |
(Note: Last Rate as on January 24, 2019)
Market Talks and Advice by Porinju Veliyath
- Too much information about the market is not always good for investors
- Invest only in those companies with a clean balance sheet
- Invest in the multi-bagger stock after research work
- Make planning and strategies to enter and exit from stocks
Early and Personal Life
Porinju Veliyath was born in Chalakudy village into the lower middle-class family. He married with Litty Porinju. He has one daughter named Shilpa Porinju and a son named Sunny Porinju.