A room house, a clock job and now the king of the stock market, the story of Porinju Veliath

New Delhi. If you have skills in your success, then you may delay, but you definitely find a way to your house. A vibrant example of this is the veteran Investor Porinju Veliath of the stock market. Today his name comes among the most trusted investors in the Indian stock market. Porinju, who once lived in a room house and starts a small job from adolescence, is the founder and CEO of the Rs 500 crore company Equity Intelligence India Private Limited. His private portfolio has 12 such shares in which he holds more than one percent and his net worth is more than Rs 210 crore today.

Famous Financial Advisor Tapas Chakraborty has shared the struggle and success of Porinju Veliath through a linkedIn post. His story looks like a script of a Bollywood film. Famous financial advisor Tapas Chakraborty, while sharing his story, wrote that this story reminds of the character of Sunil Shetty of the film ‘Dhadak’ – who traveled from 50 paise to 500 crores. The only difference is that Porinju’s story is real, inspiring and is absolutely connected to the ground.

When Porinju was just 17 years old, he came to Ernakulam from his house with 1000 rupees in his pocket. There he started a clerk job on a telephone exchange. After some time, he started studying advocacy along with the job. After a few years in Ernakulam, he came to Mumbai after working and studying.

Changed luck in Mumbai

Come to Mumbai was very auspicious for Porinju. In Mumbai, he started a job as a floor trader in Kotak Securities. It is from here that he started learning the shares of the stock market. He slowly started making small investments. His first big profit was received when he bought Shreyas shipping shares for ₹ 20, and this stock proved to be a multibagger by giving him 10 times a return. He worked for four years in Kotak Security. After this, he joined Parag Parakh Securities as a fund manager. Porinju spent five years in Parag Parekh.