Porinju Veliyath is one of the most successful stock market investors of India. He has made his own fortune in the Indian stock market. The success story of Porinju Veliyath is quite interesting. From a homeless person, he has become one of the most respected value stock picker of India.
Porinju Veliyath recommendations of stocks are followed by many investors blindly. Porinju’s success story is an inspiration for many investors who are seeking success from the stock market.
Success Story of Porinju Veliyath
Porinju Early Life
Porinju was born on 6th June 1962 into a lower-middle-class family in Kochi. His early life was full of challenges. His family faced deep financial problems when Porinju was 16 years of age. The condition was so bad that the home in which they were staying had to be sold off to repay the loans.
At a young age, porinju decided to do a job in order to support his family. He joined a small private firm as an accountant. He was getting Rs.1000 as a salary. As his salary was not enough to fulfill the basic need of his family, he decided to look for another job. His second job was at Ernakulam Telephone Exchange. His salary was Rs. 2,500. Porinju continued his study along with job and completed his study in Law. After getting a degree in law he started looking for a better job. However, he could not find a good job for few months. Later he decided to move to Mumbai. He moved to Mumbai in 1990.
Porinju Journey in Stock Market
Porinju Veliyath immediately got a job after reaching Mumbai. He was appointed as a floor trader at Kotak Securities. The stock market was a totally new field for Porinju. However, within few days he learned in and out of stock market and he became an expert trader. He worked for 4 years with Kotak Securities and gained a lot of knowledge about the stock market. In July 1994, he left Kotak and joined Parag Parikh Securities as a Research Analyst and fund manager. He was instrumental in this job for the next 5 years.
In 1999 Porinju Veliyath decided to move back to Kochi as he was unhappy with the quality of life in Mumbai. After returning to his hometown he decided to make money from the stock market on his own. He made his first major investment in “Geojit Financial Services”. The stock was trading at a very low value at the time. Everyone was surprised with his decision. As everyone thought that it is a bad penny stock. However, investment in Geojit Financial Services has given a multifold return and Veliyath was able to buy back house and land that his family had to sell off earlier.
In 2002 Porinju started his own portfolio management firm Equity Intelligence. Today this company is managing a portfolio of some of the leading businessmen, successful professionals, and even ordinary people.
Also Read – Best Portfolio Management Services (PMS) in India
Porinju Veliyath Portfolio Holdings
Fan and followers of Porinju always seek information about his buying and selling activity of him. In order to help them here is a comprehensive list of Stocks held by Mr.Porinju.
| Stock | Holding Value | Qty Held |
| Aurum Proptech Ltd. | 67.0 Cr | 3,535,000 |
| TAAL Enterprises Ltd. | 11.6 Cr | 40,000 |
| Kaya Ltd. | 19.7 Cr | 384,500 |
| Mitsu Chem Plast Ltd. | 2.8 Cr | 200,000 |
| Centum Electronics Ltd. | 20.2 Cr | 130,000 |
| Kokuyo Camlin Ltd. | 17.7 Cr | 1,010,100 |
| Orient Bell Ltd. | 20.9 Cr | 543,512 |
| Duroply Industries Ltd. | 15.8 Cr | 546,263 |
| Ansal Buildwell Ltd. | 2.3 Cr | 150,000 |
| AeonX Digital Technology Ltd. | 2.0 Cr | 140,000 |
| P G Foils Ltd. | 2.4 Cr | 125,000 |
| Kerala Ayurveda Ltd. | 21.0 Cr | 623,000 |
| RPSG Ventures Ltd. | 35.4 Cr | 460,000 |
| Max India Ltd. | 14.5 Cr | 450,000 |
| Ansal Properties & Infrastructure Ltd. | – | – |
| Allcargo Gati Ltd. | – | – |
| Kovilpatti Lakshmi Roller Flour Mills Ltd. | – | – |
| Shalimar Paints Ltd. | – | – |
| Arrow Greentech Ltd. | – | – |
| Lakshmi Automatic Loom Works Ltd. | – | – |
| Singer India Ltd. | – | – |
| Taneja Aerospace & Aviation Ltd. | – | – |
| TCM Ltd. | – | – |
| Cupid Ltd. | – | – |
| HPL Electric & Power Ltd. | – | – |
| Praxis Home Retail Ltd. | – | – |
| Thejo Engineering Ltd. | – | – |
| Priti International Ltd. | – | – |
| Hindware Home Innovation Ltd. | – | – |
Porinju is indeed a successful stock market investor. So the question arises what makes him a successful & billionaire Investor? How did he invest in the stock market? So, here is some simple points that make him a successful value picker.
Also Read – Mohnish Pabrai Stock Portfolio – Success Story
Porinju Veliyath Investment Style
Identify and Invest in future multi-baggers
Porinju has always identified and invested in future multi-bagger companies. The first example was Geojit Finance. The second example is Shreyas Shipping & Logistics. He invested in this stock in the year 2012. At that time stock was trading at Rs.30.The stock has reached an all-time high on 7th Aug 2015 Rs.839.
Make strategy when to Exit from the stock
Porinju exited from Shreyas Shipping by booking profit at the level of Rs.700. After reaching all-time high stock price is now reduced to Rs.271. So, it is important to know when to exit from stock.
Buy lesser-known, high-quality businesses to derive maximum portfolio value.
Entire portfolio holding of porinju is full of less –known, high-quality business. E.g No one was aware of stock such as Gokaldas Exports or Nirvikara Paper Mills before he invested.
Invest in companies with clean balance sheet, honest management and clear business visibility
Porinju always invests in companies with a clean balance sheet, honest management, and good business potential. He invested in Geojit Financial Services for these qualities only.
Porinju Veliyath’s success story in the stock market is a remarkable journey of determination, vision, and an unwavering belief in his investment philosophy. From humble beginnings to becoming a celebrated investor, Porinju’s story is an inspiration for anyone looking to make their mark in the financial world. His ability to see potential where others see risk, his patience, and his commitment to thorough research are key elements that have driven his success. For aspiring investors, there’s much to learn from the maverick investor who dared to think differently and succeeded spectacularly. So, the next time you’re pondering over a stock, remember Porinju’s story and dare to look beyond the obvious!
