- LATEST
- WEBSTORY
- TRENDING
BUSINESS
Meet ‘Warren Buffet of India’ who built Rs 43090 crore business empire from zero, his business is…
Motilal Oswal Financial Services (MOFSL) with his friend, Motilal Oswal, starting his career as a sub-broker. His initial portfolio was valued at Rs 10 lakhs, a figure that would see dramatic fluctuations
Updated : Aug 31, 2024, 08:48 PM IST
 "Raamdeo Agrawal")
TRENDING NOW
)
Redditors say Aishwarya Rai, Abhishek Bachchan's separation is 'confirmed' after she is absent from Amitabh Bachchan's..
)
Sudhanshu Pandey makes big statement on Anupamaa co-actor Rupali Ganguly's stepdaughter allegations: 'It's not good...'
)
Shweta Tiwari's wedding photos with Bigg Boss 13 contestant Vishal Aditya Singh go viral, here's the truth behind them
)
This Pakistani Influencer's private video leaked online, days after Minahil Malik and Insha Rehman's clips
)
Meet richest footballer of 2024, not Cristiano Ronaldo, Lionel Messi, his net worth is...
)
Gautam Adani's BIG Rs 16877 crore plan to take on Mukesh Ambani, set to build Mumbai's largest...
)
'Good to be back': After breaking up with Malaika Arora, Arjun Kapoor reunites with his 'partner-in-crime after ages'
)
Amid divorce rumours with Aishwarya Rai, Abhishek Bachchan tells Amitabh Bachchan: 'I hope people don't...'
)
'Kash ye Aishwarya ke liye...': Amitabh Bachchan shares early review of 'pride' Abhishek Bachchan's film, netizens react
)
Virat Kohli's tweet mistaken for 'divorce announcement' from Anushka Sharma, fans compare to AR Rahman's separation post
)
Samantha Ruth Prabhu shares inspirational poem ahead of Naga Chaitanya, Sobhita Dhulipala wedding: 'Force your heart...'
)
Model's bold dance in towel at India Gate raises eyebrows, netizens say arrest her, watch viral video
)
AR Rahman, Saira Banu to separate 29 years after marriage due to 'significant emotional strain': 'Couple has found...'
)
Meet Madhuri, Karisma's rival who rejected Shah Rukh Khan films; became star after giving 8 superhits in a year, now...
)
Meet Imsha Rehman, Pakistani TikTok star who deactivated her accounts after video leak and Minahil Malik's MMS
In the fast-paced world of stock trading, where fortunes can be made or lost in the blink of an eye, few stories are as captivating as that of Raamdeo Agrawal. Starting with nothing but a sharp mind and a burning ambition, Agrawal's journey from a small-town sub-broker to the chairman of a financial empire worth Rs 1,400 crore is nothing short of extraordinary.
Born in a modest family in Raipur, Chhattisgarh, Agrawal’s path to success was anything but ordinary. Armed with a Chartered Accountancy degree from ICAI, he moved to Bombay with dreams bigger than the bustling city itself. In 1987, he co-founded Motilal Oswal Financial Services (MOFSL) with his friend, Motilal Oswal, starting his career as a sub-broker. His initial portfolio was valued at Rs 10 lakhs, a figure that would see dramatic fluctuations before soaring to unimaginable heights.
Agrawal's success was not without challenges. During the Harshad Mehta scam, his portfolio, once valued at Rs 30 crores, plunged back to Rs 10 crores. Yet, instead of retreating, he sought inspiration from his idol, Warren Buffet, even travelling to the United States to learn from the legendary investor. This period of intense study and reflection led him to streamline his portfolio from 225 stocks to just 15, a move that would prove to be transformative.
By 2000, Agrawal's portfolio had grown to Rs 100 crores, laying the foundation for the financial empire that MOFSL is today. His commitment to research and disciplined investment strategies has seen MOFSL grow into a conglomerate with interests in private equity, mutual funds, and more, boasting a market capitalisation of Rs 43,090 crores.
As of 2024, Raamdeo Agrawal's net worth stands at an impressive Rs 15939 crore. A devoted husband to Sunita Agrawal and father to Vaibhav Agrawal, he remains deeply committed to continuous learning, both in the markets and in life. His story is a testament to the power of resilience, knowledge, and unwavering determination.
