Porinju Veliyath stock portfolio & success story: Porinju Veliyath is one of the most well-known investors and fund managers of recent times in the Indian stock market. He runs a portfolio management firm ‘Equity Intelligence‘.
Porinju is known to invest in lesser know companies with good business. He was named as a small-cap czar by economic times.
Apart from investing, Porinju is also involved in organic farming. He holds a 10-acre farm outside Thrissur city at Chalakudy village.
Early Life of Porinju Veliyath
Porinju Veliyath was born in a lower-middle-class family in Chalakudy village, near Kochi city in Kerala in 1962.
He started working at the young age of 16 because of the bad financial condition of his family. They have to even sell their house during that time to pay off their debts.
Porinju continued working along with his studies. He earned a law degree from the Government law college, Ernakulam, while working at Ernakulam telephone exchange at a salary of Rs 2,500 per month.
Later, he moved to Mumbai in 1990 when he was not able to find a good job.
Porinju’s stock market journey
After reaching Mumbai, Porinju joined Kotak Securities as a floor trader. During the 4-years experience at Kotak, Porinju gained a lot of knowledge of the share market.
In 1994, he joined Parag Parikh securities as a research analyst and fund manager. He worked there for the next 5 years.
However, in the late 1990s, he because quite unhappy with Mumbai life and finally moved to Kochi in 1999.
He then started making investments on his own for wealth creation and finally started his portfolio management firm ‘Equity Intelligence’ in 2002.
A few of the first investments of Porinju Veliyath are Geojit financial services, Shreyas shipping etc. Both stocks turned out to be multi-bagger stocks.
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Investment Strategy
“I buy lesser-known, high quality businesses to derive maximum portfolio value. I don’t shy away from smaller companies like other ‘knowledgeable people’ do. And I don’t buy a lot of great companies with clean balance sheet, honest management and clear business visibility. If you invest in such companies, even bank FDs would beat your portfolio returns.” – Porinju Veliyath
Porinju Veliyath is known as a small-cap investor. He believes that if the business is good, investors should not care much about market capitalization. Most of the companies in his portfolio do not pass muster with large institutional investors, however, has given him multiple times returns.
Source: Equity Intelligence
Porinju Veliyath Stock Portfolio:
Here is the latest Porinju Veliyath stock portfolio. Most of the stocks in his portfolio are small stocks. Therefore, do not be surprised if you haven’t heard the names of most of these companies earlier.
Porinju Veliyath Stock Portfolio list with his latest holdings (Sep 2021)
| # | COMPANY | QUARTER | NO OF SHARES | CURRENT PRICE | PERCENT | VALUE |
|---|---|---|---|---|---|---|
| 1 | Danlaw Technologies India Ltd. | Sep-21 | 42,500 | ₹261 | 1.15% | ₹1,09,99,000 |
| 2 | Cupid Ltd. | Sep-21 | 1,70,000 | ₹217.4 | 1.27% | ₹3,67,88,000 |
| 3 | Duroply Industries Ltd. | Sep-21 | 2,00,000 | ₹126 | 3.1% | ₹2,59,30,000 |
| 4 | Swelect Energy Systems Ltd. | Sep-21 | 1,70,000 | ₹250.75 | 1.12% | ₹4,24,23,500 |
| 5 | RPSG Ventures Ltd. | Sep-21 | 4,60,000 | ₹758.05 | 1.74% | ₹33,48,57,000 |
| 6 | Shalimar Paints Ltd. | Sep-21 | 12,00,000 | ₹106.9 | 2.21% | ₹12,99,60,000 |
| 7 | Mcdowell Holdings Ltd. | Sep-21 | 3,00,000 | ₹140.05 | 2.14% | ₹4,34,70,000 |
| 8 | Agro Tech Foods Ltd. | Sep-21 | 2,58,000 | ₹960.95 | 1.06% | ₹24,80,15,400 |
| 9 | Praxis Home Retail Ltd. | Sep-21 | 3,35,000 | ₹43.6 | 1.06% | ₹1,44,38,500 |
| 10 | Somany Home Innovation Ltd. | Sep-21 | 11,81,000 | ₹389.65 | 1.63% | ₹46,77,94,100 |
| 11 | HPL Electric & Power Ltd. | Sep-21 | 8,10,000 | ₹66.8 | 1.26% | ₹5,47,56,000 |
| 12 | Kaya Ltd. | Sep-21 | 1,75,000 | ₹456.7 | 1.34% | ₹8,16,28,750 |
| 13 | Kerala Ayurveda Ltd. | Sep-21 | 1,40,000 | ₹68.2 | 1.33% | ₹97,37,000 |
| 14 | GATI Ltd. | Sep-21 | 12,50,000 | ₹160.25 | 1.02% | ₹20,00,62,500 |
| 15 | Orient Bell Ltd. | Sep-21 | 6,94,512 | ₹364.85 | 4.82% | ₹24,93,99,259.20 |
| 16 | Iris Business Services Ltd. | Sep-21 | 2,00,000 | ₹127.8 | 1.04% | ₹2,56,00,000 |
| 17 | Ashok Alco-Chem Ltd. | Sep-21 | 1,31,000 | ₹96.6 | 2.85% | ₹1,24,77,750 |
| 18 | Eastern Treads Ltd. | Sep-21 | 1,00,000 | ₹41.6 | 1.91% | ₹41,10,000 |
QUICK READ: 5 Insanely Successful Stock Market Investors in India that you need to Know.
While the portfolio of most of the big investors is filled with common names, the Porinju Veliyath stock portfolio consists mostly of lesser-known stocks.
Nevertheless, from Porinju Veliyath stock portfolio, you can learn that every successful investor has their own strategy and there is no fixed strategy to create wealth and achieve success in the stock market.
That’s all. I hope you have found the Porinju Veliyath success story inspiring.
If you want us to cover the portfolio or success story of any other successful stock investor, do comment below.
#HappyInvesting.
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Kritesh (Tweet here) is the Founder & CEO of Trade Brains & FinGrad. He is an NSE Certified Equity Fundamental Analyst with +7 Years of Experience in Share Market Investing. Kritesh frequently writes about Share Market Investing and IPOs and publishes his personal insights on the market.
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