Porinju Veliyath
Porinju Veliyath | |
---|---|
Born |
[1] Chalakudy, Thrissur, Kerala, India[2] | 6 June 1962
Other names | Francis |
Education | Bachelor of Laws (LL.B.) |
Alma mater | Government Law College, Ernakulam |
Occupation | Founder of Equity Intelligence, Value Investor, Organic Farmer & Fund Manager |
Spouse(s) | Litty Porinju |
Porinju Veliyath (born 6 June 1962) is an Indian investor and fund manager[3][4]. He manages his own portfolio as a partner in his portfolio management firm Equity Intelligence India Ltd. He is referred as the small-cap czar by The Economic Times.[5] [6][7][8][9].
Early Life
Porinju was born in a lower-middle-class family in Chalakudy village, Thrissur near to Kochi city and the Athirappilly Falls[10]. At the age of 16, his family couldn't fund his higher education. The home they were staying in till then had to be sold to repay the debts. Soon, Veliyath shifted to Ernakulam, Kerala's biggest city, to hunt for a job to support his family and also fund his education.
Career
He started as an accountant in a private firm at Rs 1,000 per month and then at Ernakulam Telephone Exchange as a phone operator drawing Rs 2,500.
Veliyath then enrolled for the law programme at Ernakulam Law College, which offered cheap accommodation and canteen to its students. The next five years were spent studying law and his job as a phone operator. After graduating in 1990, he set off for Mumbai city with dreams of getting rich. Upon reaching the city, an acquaintance of Veliyath found him a job with Kotak Securities, initially as an office clerk and later as a floor trader. Before hitting the trading floors, Veliyath changed his name to Francis (English equivalent of the Malayali language word – Porinju).
From 1994 onwards, he worked as Research Analyst & Fund Manager for Parag Parikh Securities.
He moved back to Kochi in 1998 where he worked with Geojit Securities till 2002 and then started Equity Intelligence(SEBI-registered Portfolio Management Services) aimed for value investing.[11]
Veliyath bought 5 per cent of Kaya Limited on Jun 08, 2017[12].
He is also a director with Arya Vaidya Pharmacy, the world’s leading Ayurveda institute. Hindustan Unilever Limited (HUL) has with Arya Vaidya Pharmacy co-created and launched a new and expanded range of Ayurvedic personal care products under the ‘Lever Ayush’ brand name.[13][14]
Veliyath’s Twitter handle which has more than 100,000 followers is suggested by professors in multiple IIMs to their students for proper learning in value investing[15].
Books
- Ohariyiloode Engane Nettam Koyyam (Complete step-by-step guide to share market and investing) - 2008 by Dhanam Publications[16]
Personal life
Veliyath has a 10-acre organic farm outside of Thrissur city at Chalakudy village, where he spends every weekend with his family.[17]
References
- ↑ "Porinju Veliyath Portfolio Holdings – Success Story of Porinju Veliyath". http://moneyexcel.com. MoneyExcel – Personal Finance Website Blog. Retrieved 8 July 2017. External link in
|website=
(help) - ↑ "One only needs common sense to make money in stock market: Porinju Veliyath, Equity Intelligence Read more at: http://economictimes.indiatimes.com/articleshow/50475099.cms". Bennett, Coleman & Co. Ltd. ET Bureau. Retrieved 8 July 2017. External link in
|title=
(help) - ↑ "The secret sauce of smart investing". http://www.forbesindia.com. Forbesindia.com. Retrieved 9 July 2017. External link in
|website=
(help) - ↑ "Wealth wizards: Follow the 'keep it simple' policy for investments". http://www.forbesindia.com/. Forbesindia.com. Retrieved 8 July 2017. External link in
|website=
(help) - ↑ "Inside Porinju Veliyath’s portfolio: Top stocks that helped this maverick make 42% return Read more at: http://economictimes.indiatimes.com/articleshow/57935843.cms". http://economictimes.indiatimes.com. Retrieved 8 July 2017. External link in
|website=, |title=
(help) - ↑ "Porinju Veliyath's firm buys 4 lakh shares in Archies, shares surge Read more at: http://economictimes.indiatimes.com/articleshow/58121412.cms". http://economictimes.indiatimes.com. Retrieved 8 July 2017. External link in
|website=, |title=
(help) - ↑ "Porinju’s Equity Intelligence buys 1 lakh shares in Shalimar Paints; stock surges Read more at: http://economictimes.indiatimes.com/articleshow/58273385.cms". http://economictimes.indiatimes.com. Retrieved 8 July 2017. External link in
|website=, |title=
(help) - ↑ "Staking it high in the stock markets". http://www.newindianexpress.com. New Indian Express. Retrieved 8 July 2017. External link in
|website=
(help) - ↑ "Archies stock on fire as Porinju buys stake amid turnaround news". http://www.financialexpress.com. The Indian Express [P] Ltd. Retrieved 9 July 2017. External link in
|website=
(help) - ↑ "Too much market information is not always good: Porinju Veliyath Read more at: http://economictimes.indiatimes.com/articleshow/49780173.cms". http://economictimes.indiatimes.com. Bennett, Coleman & Co. Ltd. External link in
|website=, |title=
(help) - ↑ "Expert Portfolio Manager Porinju Veliyath’s Betting On A ‘Turnaround’ Revolution In India". https://www.bloombergquint.com. Bloomberg L.P. Retrieved 10 July 2017. External link in
|website=
(help) - ↑ "Staking it high in the stock markets". New Indian Express. New Indian Express. Retrieved 11 July 2017.
- ↑ "AVP Management". The Arya Vaidya Pharmacy. The Arya Vaidya Pharmacy. Retrieved 10 July 2017.
- ↑ "Lever Ayush launches Ayurvedic range of personal care products". HUL India. Hindustan Unilever Limited. Retrieved 11 July 2017.
- ↑ "Staking it high in the stock markets". New Indian Express. New Indian Express. Retrieved 11 July 2017.
- ↑ ഓഹരിയിലൂടെ എങ്ങനെ നേട്ടം കൊയ്യാം?. Dhanam Publications. January 2008. Retrieved 6 August 2017.
- ↑ "Home Away From Home" (PDF). https://www.bajajfinserv.in. Bajaj Finserv Limited. Retrieved 8 July 2017. External link in
|website=
(help)