Amit Anil Chandra Shah is the influential Union Home Minister of India and the first Minister of Cooperation since 2021. He is contesting the 2024 Lok Sabha elections from Gandhinagar, Gujarat. 

His recent affidavit revealed that he and his wife possess assets worth Rs 65.67 crore, a significant increase from Rs 30.49 crore in 2019. The assets include shares valued at Rs 17.46 crore and precious metals worth Rs 72.87 lakh, totaling movable assets at Rs 20.23 crore.

Amit Shah’s wife, Sonal Shah, owns movable assets worth over Rs 22.46 crores, which include cash, bank savings, stocks, deposits, and gold and silver jewellery valued at more than Rs 1.10 crores.

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Amit Shah’s immovable property is valued at over Rs 16.31 crore, consisting of agricultural and semi-cultivated land, plots, and residences in Vadnagar, Daskroi, Ashram Road, Thaltej, and Gandhinagar. Sonal Shah also possesses immovable property, the value of which is yet to be disclosed.

Amit Shah has stakes in 180 listed entities, as per his election affidavit, which lists 181 names due to Bharti Airtel being mentioned twice. Additionally, he holds shares in 79 unlisted companies, with the unlisted securities in his portfolio valued at Rs 3 lakh.

The top five holdings in the portfolio are Hindustan Unilever (Rs 1.4 crore), MRF (Rs 1.3 crore), Colgate-Palmolive (India) (Rs 1.1 crore), Procter & Gamble Hygiene And Health Care (Rs 0.96 crore), and ABB India (Rs 0.7 crore), totaling Rs 5.4 crore or about a third of the Rs 17.4 crore portfolio.

Additionally, the affidavit details Sonal Shah’s holdings, totaling Rs 20 crore across around 80 listed entities. Key holdings for her include Sun Pharmaceutical Industries (Rs 1 crore), Karur Vysya Bank (Rs 1.9 crore), Bharti Airtel (Rs 1.3 crore), Canara Bank (Rs 3 crore), Gujarat Fluorochemicals (Rs 1.8 crore), and Lakshmi Machine Works (Rs 1.8 crore). She also holds unlisted securities worth Rs. 83,845 in 10 companies.

Amit Shah Portfolio of listed companies Details

CompanyQuantityCurrent Market PriceCurrent Value (In La
3I Infotech20039.557910
ABB India Ltd10956428.557039262.25
ACC Ltd7002414.451690115
Aditya Birla Capital Ltd3829205.55787050.95
Aditya Birla Fashion & Retail Ltd7808238.51862208
Ahluwalia Contract (India) Ltd11001117.651229415
Alembic Ltd300092.3276900
Alembic Pharmaceuticals Ltd1500948.851423275
Allied Computers International (Asia) Ltd200000.499800
Anant Raj Ltd10000347.33473000
Anil Bioplus Ltd121001200
Anil Ltd24028.96936
Arvind Fashions Ltd797454.25362037.25
Arvind Ltd1750309.3541275
Arvind Remedies Ltd10004.74700
Arvind Smartspaces Ltd175685119875
Athena Financial Services Ltd20004.729440
Bajaj Electricals Ltd1524949.81447495.2
Bajel Projects Ltd1524211.5322326
Bank of Baroda330259.285536
Berger Paints India Ltd6531506.553308278.05
Bharat Agri Fertilizers & Realty Ltd500112.756350
Bharat Forge Ltd22501208.62719350
Bharat Petroleum Corporation Ltd1596605.7966697.2
Bharti Airtel Ltd91294.5511650.95
Bihar Sponge Iron Ltd90014.7113239
Canara Bank1222596.6729045.2
Castrol India Ltd4024208.35838400.4
Cella Space Ltd30009.5528650
Central Bank of India150063.895700
Centron Industrial Alliance Ltd125011250
Century Enka Ltd210431.9590709.5
Century Textiles & Industries Ltd18601746.53248490
Colgate-Palmolive (India) Ltd4000265810632000
CTIL Ltd1000.6363
Cummins India Ltd14003107.34350220
DCM Ltd1026577.5795537.5
DCM Nouvelle Ltd10265198.152034009.75
Dhanlaxmi Bank265044.05116732.5
Dhanus Technologies LTd51001051000
Dish TV India Ltd250017.744250
E. Star Infotech Ltd50000.291450
EIH Associated Hotels Ltd31117402302140
EIH Ltd1952460.8899481.6
Electrosteel Castings Ltd3000204.8614400
Elgi Rubber Company Ltd350050.5176750
Empire Industries Ltd3001009.65302895
Fermenta Biotech Ltd38417366432
Finolex Cables Ltd2000976.61953200
Fore C Software Ltd10012.561256
GAIL (India) Ltd8548200.451713446.6
Gammon India Ltd5551.65915.75
Garware Hi-Tech Films LTd401702.1568086
Glaxosmithkline Pharmaceuticals Ltd1961910.7374497.2
GNFC Ltd1050679712950
Graphite India Ltd73685.350026.9
Grasim Industries Ltd1092282.25248765.25
GTL Infrastructure Ltd10001.751750
Grindwell Norton Ltd20002054.94109800
Gujarat Telephone Cables Ltd5010500
GVK Power & Infrastructure Ltd3000010.85325500
HCL Infosystems Ltd250019.3548375
Hemisphere Properties India Ltd1000204.7204700
Heubach colorants India Ltd270462124740
Hindalco Industries Ltd10620.26202
Hindustan Unilever Ltd61762241.1513841342.4
Hitachi Energy India Ltd2198199.151795613.85
IFCI Ltd500042.3211500
India Carbon Ltd7211.5828
Indiabulls Enterprises Ltd6213.05809.1
Indiabulls Real Estate Ltd500134.367150
Indian Oil Corporation Ltd1500171.55257325
Indian Overseas Bank100062.5562550
Informed Technologies India Ltd6090.145408.4
Infosys ltd297014204217400
ITC Ltd15000424.356365250
Jayabharat Credit Ltd458.06362.7
Jolly Board Ltd451004500
Jolly Plastic Industries Ltd10012212200
Kansai Nerolac Paints Ltd15000273.14096500
KEC International Ltd765727.95556881.75
Kirloskar Brothers Ltd3821226.9468675.8
Kirloskar Electric Company Ltd125119.514937.5
Kirloskar Ferrous Industries Ltd1500607.75911625
Larsen & Toubro Ltd6503591.62334540
Liberty Shoes Ltd1000318318000
M.H. Packaging (India) Ltd81080
Maars Software International Ltd20000.26520
Max Estates Ltd100294.329430
Max Financial Services Ltd5001053.35526675
Max Healthcare Institute Ltd495759.25375828.75
Max India Ltd10022822800
Mcleod Russel India Ltd16226.814343.22
MH Infraprojects Ltd174.0468.68
Movilex Irrigation Ltd635501.595325
Mphasis Ltd60022431345800
MRF Ltd100130068.613006860
Nagarjuna Fertilizers & Chemcials440010.4545980
Navin Fluorine International Ltd703259228130
NESCO Ltd4000819.53278000
Nestle India Ltd15002441.43662100
NMDC Steel Ltd1045063.95668277.5
ONGC Ltd4607275.551269458.85
Orient Ceratech Ltd400050.25201000
Oriental Aromatics Ltd60326.219572
Oswal Greentech Ltd400034.15136600
Parsvnath Developers Ltd200013.4526900
Pasari Spinning Mills Ltd50007.8839400
Paushak Ltd45135.5520542.2
Pentamedia Graphics Ltd165011650
Permanent Magnets Ltd10121612160
P&G Hygiene & Healthcare Ltd60015931.69558960
Petronet LNG Ltd400297.2118880
Polson Ltd813466107728
Premier Ltd1003.55355
Primo Chemcials Ltd1000041410000
Prithvi Information Solutions Ltd10001010000
Pfizer Ltd704112.55287878.5
Raj Rayon Industries Ltd50022.7511375
Rallis India Ltd150285.5542832.5
RattanIndia Enterprises Ltd147573107675
Rattanindia Power Ltd100008.888000
REC Ltd4000431.851727400
Reliance Capital Ltd8612.351062.1
Reliance Communications Ltd20181.653329.7
Reliance Home Finance Ltd863.35288.1
Reliance Infrastructure Ltd590194.55114784.5
Reliance Power Ltd305428.2586275.5
RHI Magnesita India Ltd4000654.62618400
RSWM Ltd80191.215296
Sayaji Industries Ltd80182.514600
Shah Alloys Ltd500064.35321750
Shree Digvijay Cement Ltd3081114.15351696.15
Sicagen India Ltd60063.5738142
Signify Innovations India Ltd7910790
Signpost India Ltd100328.4532845
SIV Industries Ltd340103400
Soma Papers & Industries Ltd4486.323798.08
Specialty Papers Ltd20000.38760
Stanrose Mafatlal Investments & Finance Ltd1407810920
Supreme Petrochem Ltd5000648.63243000
Suzlon Energy Ltd1000040.4404000
TARC Ltd10000159.851598500
Tata Chemicals Ltd108011001188000
Tata Consumer Products Ltd12311166.81436330.8
Tata Motors Ltd200972.05194410
Tata Teleservices (Maharashtra) Ltd1700076.31297100
Tele Data Info Ltd100000.474700
Teledata Marine Solutions Ltd50000.291450
Teledata Technology Solutions Ltd50000.12600
Tera Software Ltd100048.248200
Thacker & Company Ltd1514660.1999391.4
The Anup Engineering Ltd1203494.05419286
The Bombay Bumrah Trading Corp Ltd25001564.153910375
The Bombay Dyeing & Manufacturing Co. Ltd2500170.3425750
The Ramco Cements Ltd40008003200000
The South Indian Bank1000028.5285000
The Tata Power Co. Ltd1140428.9488946
UB Engineering Ltd2510250
UCO Bank500054.75273750
United Breweries (Holdings) Ltd20001851.553703100
VIP Industries Ltd10005530.755310153.75
Vedanta Ltd6000381.82290800
Venlon Enterprises Ltd3605.551998
Vision Organics Ltd100001.1511500
Visu International Ltd80000.05400
Vodafone Idea Ltd500012.4562250
Voltas Ltd10001361.051361050
Walchandnagar Industries Ltd3440223767120
Welspun Corp Ltd3000553.751661250
Welspun Enterprises Ltd1800341.15614070
West Coast Paper Mills Ltd2500616.31540750
Western India Shipyard Ltd100000.888800
Wirpo Ltd291464.4135140.4
Worldwide Aluminium Ltd200014.0428080
Yaari Digital Integrated Services Ltd6211.7725.4
Zensar Technologies Ltd250573.7143425
Total17.4 crores

Amit Shah Portfolio of Unlisted Companies Details

CompanyQuantityCurrent Value (In Rs)
ACT India Ltd120012000.0
Ahmedabad New Cotton Mills8720.0
Akruti City Ltd2614887.0
Amar Dyechem Ltd3255.0
Andhra Cement Ltd6147.0
Andhrapradesh Rayons Ltd50707.0
Anoop Eng. Ltd2242.0
Apco Ind. Ltd5002500.0
APS Star Ind. Ltd1321320.0
Bharat Vijay Mills Ltd.111305.0
Bilaspur Spg. Mills Ltd.880.0
Birla Tranc Carpet25250.0
Bombay Oxygen5647.0
Ceat India Ltd1652315.0
Cellulose Products302450.0
Central Dist. & Brew.50500.0
Chloride India Ltd112560.0
Citric India Ltd50500.0
DCW Home Product Ltd1501500.0
Devika Finstock Ltd500081411.0
Elepahanta Oil & Vanaspati502125.0
Elnet Ltd2002000.0
Elphinstone Spg. & Wvg.15150.0
Ferro Alloys Ltd251315.0
Garware Nylons Ltd25437.0
G I Hotels Ltd50550.0
Guest Keen Williams2211357.0
Gujarat Marmada Ltd501325.0
Gujarat Steel Tube Ltd50182.0
Hindustan Dooroliver Ltd2096.0
Hindustan Ind. Chem. Ltd1001000.0
Hindustan Wires Ltd.117.01170
India Cable Co. Ltd.311039
Indian Dyestuff Ind. Ltd90900.0
Indian Explosives Ltd.21210.0
Indian Precision50500.0
Invinex Pharma20072020.0
Jolly Plastic Ltd.1001000.0
Khatau Makanji Spg.19725.0
Kunal Engineering2652653.0
Laxmi Starch ltd.1701700.0
Mafatal Eng. Ind. Ltd.5590.0
Mahamaya Investment Ltd.63630.0
Mahendra Mills Ltd.90900.0
Mather & Plates Ltd.131583.0
Matulya Mills Ltd61014.0
Mehta Securities Ltd.2002000.0
MICO Ltd.1035094.0
Modella Woolens Ltd.50590.0
Modern Synthetics Ltd.990.0
Modi Industries Ltd25250.0
Montari Ind Ltd2001450.0
M. P. Agro Ind. Ltd.50500.0
Mysore Kirlosker Ltd3333330.0
National Rayon Ltd.3003000.0
Peico Elec. Ltd.731175.0
Permanant Magnets Ltd.1001000.0
Pharmax Corp. Ltd.70923.0
Podar Mills Ltd.69436.0
Premiar Auto Ltd.1001250.0
Premiar Construction Ltd.201031.0
Prestige Foods Ltd.1003000.0
Sanghave Steel Ltd.1002050.0
Sasalwear keil Ltd1501500.0
Sayaji Mills Ltd.1235.0
Schrader Duncan Ltd.208489.0
Scindia Steel Navigation1291275.0
Shree Synthetics Ltd.18180.0
Shree Synthetics Ltd.102037.0
Shree Vallabh Glass Works Ltd.20200.0
Sooraj Automobiles501825.0
Steel Strips Ltd.50700.0
Sunder Man. Irn. & Org.50500.0
Swdeshi Mills Ltd.1601395.2
Synthetic & Chemicals30200.0
Testeels Ltd.6925.0
The National Rayon131843.5
Trent Ltd. NCD4714100.0
UMI Special Steel Ltd50500.0

Written by Omkar Chitnis


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