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PRESS RELEASE WITH 76 NEW FACES, HURUN REPORT LAUNCHES ITS INDIAN RICH LIST 2015 WITH INR 1,60,950 CR, MUKESH AMBANI IS THE RICHEST MAN IN INDIA FOR 4 TH YEAR INDIA PRODUCES 124 BILLIONAIRES, A RECORD NUMBER SINCE THE INCEPTION OF HURUN INDIA RICH LIST ON 2012 UDAY KOTAK STORMS INTO TOP 10 85% IN THE LIST ARE FAMILY RUN BUSINESSES MUMBAI AND NEW DELHI MAKE UP HALF OF RICH LIST, ADDING 17 AND 16 FOR THE FIRST TIME, AZIM PREMJI LOSES THE SPOT IN TOP 5, DUE TO HIS PHILANTHROPIC DONATIONS Hurun Report India releases Hurun India Rich List 2015 , presented by jewelry-brand Joyalukkas Hurun Report finds 296 individuals with INR 1,600 Cr or more, up 76 from last year and double that of two years ago India had a mixed year with some sectors such as mobile phone and e-commerce doing well and other such as real estate and energy had a bad year. Overall, it was an average year of India’s entrepreneur Owing to a 6% devaluation of Indian Rupee against the US dollar and a lackluster performance of key sectors such as steel, energy and real estate, the average wealth dropped 7% India is adding more billionaires. Number of dollar billionaires has increased to 124 from 109 last year. The inaugural Hurun India Rich List had just 59 billionaires in 2012 36 have migrated out of India and are NRI 13 saw their wealth double year on year; The fastest riser is Dhiraj Rajaram (40) of Mu Sigma, a data analytics business, shooting up 593% to INR 17,790 Cr. 58 individuals saw their wealth decline, led by the oil and gas sector, after uncertainly continued to surround the Middle East. Ajay Kalsi (54) of Indus Gas declined by 242% dropping him to the bottom of the list. 6F, Zhongrong Jasper Tower, 8 Yincheng Road, Shanghai 200120 021-5010 5808 www.hurun.net Page 1 of 40

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PRESS RELEASE

WITH 76 NEW FACES, HURUN REPORT LAUNCHES ITS INDIAN RICH LIST 2015

WITH INR 1,60,950 CR, MUKESH AMBANI IS THE RICHEST MAN IN INDIA FOR 4TH YEAR

INDIA PRODUCES 124 BILLIONAIRES, A RECORD NUMBER SINCE THE INCEPTION OF HURUN INDIA RICH LIST ON 2012

UDAY KOTAK STORMS INTO TOP 10

85% IN THE LIST ARE FAMILY RUN BUSINESSES

MUMBAI AND NEW DELHI MAKE UP HALF OF RICH LIST, ADDING 17 AND 16

FOR THE FIRST TIME, AZIM PREMJI LOSES THE SPOT IN TOP 5, DUE TO HIS PHILANTHROPIC DONATIONS

Hurun Report India releases Hurun India Rich List 2015 , presented by jewelry- brand Joyalukkas

Hurun Report finds 296 individuals with INR 1,600 Cr or more, up 76 from last year and double that of two years ago

India had a mixed year with some sectors such as mobile phone and e-commerce doing well and other such as real estate and energy had a bad year. Overall, it was an average year of India’s entrepreneur

Owing to a 6% devaluation of Indian Rupee against the US dollar and a lackluster performance of key sectors such as steel, energy and real estate, the average wealth dropped 7%

India is adding more billionaires. Number of dollar billionaires has increased to 124 from 109 last year. The inaugural Hurun India Rich List had just 59 billionaires in 2012

36 have migrated out of India and are NRI 13 saw their wealth double year on year; The fastest riser is Dhiraj Rajaram (40)

of Mu Sigma, a data analytics business, shooting up 593% to INR 17,790 Cr. 58 individuals saw their wealth decline, led by the oil and gas sector, after

uncertainly continued to surround the Middle East. Ajay Kalsi (54) of Indus Gas declined by 242% dropping him to the bottom of the list.

Mukesh Ambani (58) of Reliance, holds on to his position as the richest man in India with a fortune of INR 1,60,951 Cr, down by 3% from last year. Ambani

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seems to be betting on digital space by committing over INR 2,50,000 Cr to PM Modi’s Digital India initiative.

London-based SP Hinduja & Family (81) of Hinduja Group shot up to 3rd position, from 6th last year, after seeing their wealth grow 43% to INR 1,03,030 Cr

Whilst Mumbai continues to dominate with 29% of the list residing there, Delhi came in second with 19%, followed by Bangalore with 8%

Manufacturing continues to dominate with 15% of the list, followed by pharmaceuticals and real estate with 9% and 6% respectively.

Only 61% are self-made, down by 6% from last year The only self-made woman in the list is the ‘BioTech Queen’ Kiran Mazumdar-

Shaw (62) who saw her net worth decrease by 6% to INR 6143 Cr At 28 years, Ankit Bhati and at 29, Bhavish Aggarwal founders of Ola Cabs,

“India’s answer to Uber”, are the youngest self-made Indians in the list. The Tyre prince, Rajiv Poddar (30) of Balakrishna Industries follows.

The combined wealth of India’s richest is a staggering US$478bn, equating to 22% of India’s GDP last year and larger than the GDPs of UAE ($402bn), South Africa ($350bn) & Singapore ($308bn).

For the first time, Azim Premji (69) loses the spot in Top 5, due to his philanthropic donations

Supported by 33% increase, with INR 47,608 Cr, Uday Kotak (55) breaks into Top 10

Leading Authority on India’s private wealth, Hurun Report launches the India Rich List for the fourth time.

(Mumbai, 11 September 2015): Today Hurun Report released the Hurun India Rich List, a list of the richest people in India with a cut-off of INR 1,600 Cr. This is the fourth year of the list, which has become a benchmark for the private sector and has become widely accepted to be the most robust attempt at covering entrepreneurship in India. Wealth calculations are a snapshot of net worth of living individuals as of 31 July 2015 when the rate of exchange to the US dollar was INR 64.0.

“Despite the weakening of the stock market and the Rupee, the Hurun India Rich List expanded by 76 entrepreneurs, showing the resilience and dynamism of the Indian private sector,” said Anas Rahman Junaid, Hurun Report India GM.

For the full details, please refer to on www.hurun.net.

Mukesh Ambani (58) of Reliance topped the list of 296 individuals for the fourth consecutive year. Reliance Jio, a $6bn subsidiary of RIL, plans to rollout 4G across

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India. RIL procured world's most sophisticated armored Mercedes S600 for Mukesh Ambani.

Dilip Shanghvi (59) of Sun Pharmaceuticals retained his 2nd place despite a 2% decline in his wealth. Ongoing integration problems of generic drug maker Ranbaxy continues to hit revenue and profitability of Sun Pharma. In Feb 2015, Sanghvi agreed to buy a 23% stake in Indian wind turbine maker Suzlon Energy for US$290m

SP Hinduja & Family (81) is the 3rd richest person on the list with a net worth of INR 1,03,030 Cr. The Hinduja family controls a highly diversified empire with interests spanning automotive, oil& gas, banking, IT, power, media, real estate, healthcare & trading with annual revenues in excess of INR 1,50,000 Cr. Hinduja announced an investment of INR 64,000 Cr into infrastructure and power sector in India, the biggest ever commitment yet by the family for this region.

Table 1: Hurun India Rich List 2015 – Top 10

Rank

NameWealth INR Cr

Change

CompanyAge

Residence

1- Mukesh Ambani160,950

-3% Reliance 58 Mumbai

2- Dilip Shanghvi126,290

-2% Sun Pharma 59 Mumbai

3↑SP Hinduja & family

103,030

43% Hinduja 81 London

4↑ Shiv Nadar 94,020 21% HCL 70 New Delhi5↑ Pallonji Mistry 87,290 39% Shapoorji Pallonji 86 Mumbai6↓ LN Mittal 83,400 -14% ArcelorMittal 64 London7↓ Azim Premji 51,900 -39% Wipro 69 Bangalore

8↑ Gautam Adani 50,500 15%Adani Enterprises

53Ahmedabad

9-Sunil Mittal & Family

48,540 -5% Bharti Airtel 58 New Delhi

10* Uday Kotak 47,610 33% Kotak Mahindra 55 Mumbai↑ Rank increase yoy ↓ Rank decrease yoy - No Rank change yoy * New to Top 10

Shiv Nadar, (70). Nadar registered a 21% increase in wealth, mainly on the back of a sharp increase in listed HCL Technologies. He is a strong competitor to Azim Premji in philanthropy; For instance, in March the philanthropic arm of the group donated HCL Technologies shares worth INR 1,150 Cr to his foundation.

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Pallonji Mistry, (86), with a personal fortune of INR 87,290 Cr, is the 5th richest Indian and also the richest Parsi. Mistry controls a construction empire that operates across India, West Asia and Africa, and is the largest individual shareholder in Tata Sons, where his son Cyrus is currently chairman. An Irish citizen, Pallonji Mistry is known for his commitment towards promoting Irish Cricket by signing a 10 year multi million sponsorship contract with the Ireland Cricket team. From an Indian business perspective, he has committed INR 20,000 Cr towards the development of Hyderabad.

LN Mittal, (64), of ArcelorMittal, who started out as a scrap metal dealer in one of India’s poorest states dropped down one place to 6th with a fortune down 14% to INR 83,400 Cr. Mittal announced a INR 5,000 Cr investment into automotive steel manufacturing in India, the first greenfield investment by the LN Mittal group in India’s steel sector, after years of trying to get a foothold in the country.

Azim Hashim Premji, (69), India’s most generous billionaire moved down to the 7 th

spot; Azim Premji, the first Indian to sign the Giving Pledge, has set aside more than half of his wealth for charity by allocating an additional 18% stake in the company to fund philanthropy.

Telecom mogul Sunil Mittal, (58), is the 8th richest in the list with an estimated net worth of INR 48,540 Cr (up 1 rank from last year). Airtel entered 17 African countries by acquiring Zain telecom for $10bn, now divesting its tower assets in 5 African countries for $1.3bn to cut its debt and plan to divest more. He was granted the payment bank license in India- a move that could further boost the revenue by INR 1500 Cr, which should positively impact the long-term valuation of the group.

Gautam Adani, (53), Adani has grown Adani Group into one of the fastest growing enterprises in India, with a net worth of INR 50,500 Cr. His Adani Foundation follows a participatory approach to ensure a sense of ownership for the services it provides and the community wealth it creates. Adani managed to bag the contract for the biggest seaport project in South India.

Uday Kotak, (55), shot into the top 10, with a net worth of INR 47,610 Cr up 33% from last year. Fourth largest Indian private sector bank by market capitalization, in November last year, Kotak acquired ING Vysya Bank on an all-stock deal with swap ratio 0.75:1. This became one of the biggest mergers in India’s financial services sector.

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Mumbai Top again

With 87 individuals, Mumbai is the capital for India’s super-rich, followed by Delhi (54) and Bangalore (22)

Table 2: Geographical spread of Hurun India Rich List 2015

 City

2015 No. of indiv 2015 %

Change in indiv 2014 %

Richest person

1 Mumbai 87 29% +17 23% Mukesh Ambani2 New Delhi 55 19% +16 13% Shiv Nadar3 Bangalore 23 8% same 8% Azim Premji4 Dubai 15 5% same 5% Micky Jagtiani5 Ahmedabad 10 3% same 3% Gautam Adani6 Pune 11 4% +3 3% Cyrus S Poonawalla7 Chennai 16 5% +5 4% Kalanithi Maran8 Kolkata 10 3% +1 3% Benu Gopal Bangur

Source: Hurun India Rich List. For more details visit www.hurun.net

UAE & UK are the capitals for NRI’S. 36 are based outside of India, led by SP Hinduja & Family (Hinduja Group, London), followed by LN Mittal (ArcelorMittal, London), Micky Jagtiani (Landmark Group, Dubai), Anil Agarwal (Vedanta Resources, London), Romesh T Wadhwani (Symphony Technology, Palo Alto)

Table 3: Hurun India Rich List 2015 – Richest Non-Resident Indians

NamesWealth(INR Ccr)

City Company Age

1 SP Hinduja & family 103,030 London Hinduja 812 LN Mittal 83,360 London ArcelorMittal 643 Micky Jagtiani 30,930 Dubai Landmark 64

4 Anil Agarwal 24,360 LondonVedanta Resource

62

5 Romesh T Wadhwani 18,140 Palo Alto Symphony 686 Yusuffali MA 17,530 Abu Dhabi Emke 597 Feroz Allana 17,440 Sharjah IFFCO -8 Ravi Pillai 13,900 Dubai RP Group 659 Kavitark Ram Shriram 12,400 Menlo Park Google 59

10 Manoj Bhargava 12,290Farmington Hills

5 Hour Energy 62

Source: Hurun India Rich List. For more details visit www.hurun.net

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Manufacturing sector continues to rule

The fastest wealth growing sector is Mobile Phones followed by Chemicals and Leather products. Manufacturing has produced 15% of entries in the Hurun India Rich List 2015, followed by Pharma and Real estate. Other industries that have had a good year include FMCG, Jewelry, Food & Beverage, Media and Entertainment.

Table 4: Hurun India Rich List 2015 – Industry breakdown

Industry 2015 2014 Richest individual1 Manufacturing 15% 16% SP Hinduja2 Pharmaceuticals 9% 8% Dilip Shanghvi3 Real estate 6% 6% Kushal Pal Singh4 FMCG 5% 8% Anand Burman5 Food & Beverages 4% 4% Feroz Allana

6Media & Entertainment 4% 4% Subhash Chandra

7 Jewelry 6% 5% Rajesh Mehta

8 Healthcare 3% 3%Malvinder Singh & Shivinder Singh

9 Energy 3% 3% Mukesh Ambani10 Technology 4% 5% Shiv Nadar

Source: Hurun India Rich List. For more details visit www.hurun.net

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Gainers

The biggest gain registered was a 593% increase by Dhiraj Rajaram (40), the founder of Mu Sigma. PNC Menon’s investment arm, PNC Investments has further boosted up his net worth to INR 10,960 Cr.

Table 5: Hurun India Rich List 2015 – Biggest Gainers

NameWealth (INR Cr)

% Change

Company LocationAge

Industry

1 Dhiraj Rajaram 17,800 593% Mu Sigma Bangalore 40E-Commerce

2 Sameer Gehlaut 9,800445% India Bulls

Mumbai 41Financial Services

3Balkrishnan Goenka

9,820 308% Welspun Mumbai 49Tubes and Pipes

4 PNC Menon 10,960 279%PNC Investments

Bangalore 67Real estate

5 Nusli Wadia29,380

277% Britannia Mumbai 71 FMCG

Source: Hurun India Rich List. For more details visit www.hurun.net

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All the young entrepreneurs under 40 in Hurun India Rich List 2015 are active in their respective business

At 62, the average age is same as that of last year; with 11 under 40 The youngest person on the list is Ankit Bhati (28) co-founder of Ola Cabs The oldest is Basant Kumar Birla, 94, of Century Textiles Yogarathinam Nadar, 76, of Saravana Stores, who was a new entrant in

Hurun India Rich List 2015, passed away on 3 September 2015.

Table 6: Hurun India Rich List 2015 – Entrants under 40

S.No Name Age

Wealth 2015 (INR Cr)

City CompanySelf-Made

DegreeIndustry

1 Ankit Bhati 28 2,385 Mumbai Ola cab 4 Technology

2Bhavish Aggarwal

29 2,385 Mumbai Ola cab 4 Technology

3 Rajiv Poddar 30 4,226 Mumbai Balkrishna 3 Tyres

4 Kunal Bhal 32 2,314 Delhi Snapdeal 4E-

Commerce

5 Binny Bansaal 34 9,010 Bangalore Flipkart 4E-

Commerce

6 Sachin Bansaal 34 9,010 Bangalore Flipkart 4E-

Commerce

7Nishita Shah Federbush & Family

36 2,914 BangkokPrecious Shipping

3 Logistics

8 Shivinder Singh 37 15,143 New DelhiFortis Healthcare

3 Healthcare

9Vijay Shankar Sharma

38 2,824 Delhi Paytm 4E-

Commerce

10 Malvinder Singh 39 15,140 New DelhiFortis Healthcare

3 Healthcare

11 Naveen Tewari 39 1,683 Bangalore Inmobi 4 Technology

12 Rahul Sharma 40 4,070 Gurgaon Micromax 4Mobile phones

13 Jai R Shroff 40 3,376 Hyderabad Advanta 4 Agriculture

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Only 3% women

Men dominate, with just 3% women occupying a place in the list. Indu Jain (78), is the richest woman with a personal fortune pegged at INR 19,179 Cr and bags the 33rd position in the Hurun India Rich List 2015. She is followed by Savitri Jindal and Family (65) at INR 15,680 Cr. The only self-made women entrepreneur is Kiran Mazumdar-Shaw (62) of Biocon, with a net worth of INR 6,143 Cr.

Table 7: Hurun India Rich List 2015 – Richest Women in India

NameWealth %

ChangeAge

 Company

Location Industry(INR Cr)

1 Indu Jain 19,179 52% 78Bennett Coleman

New DelhiMedia & Entertainment

2 Savitri Jindal 15,680 -56% 65 JSPL Hisar Steel

3Mallika Srinivasan

9,561 33% 56 TAFE ChennaiManufacturing

4 Anu Aga 8,174 20% 73 Thermax Pune Energy

5Kiran Mazumdar-Shaw

6,143 -6% 62 Biocon BangalorePharmaceuticals

6Madhu Kapur

3,926 17% 52 Yes Bank MumbaiFinancial Services

7Nishita Shah Federbush

2914 New 36Precious Shipping

Bangkok Logistics

8Shobhana Bhartia

1,922 -70% 58 Hindustan Times

New DelhiMedia & Entertainment

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Largest public traded companies

Of the publicly traded companies on the list, Mukesh Ambani’s Reliance has the highest valuation of INR 32,35,069 Cr (contributing 5.01% to the NIFTY index), followed by Infosys with INR 24,76,221 Cr and Sun Pharmaceutical INR 19,79,884 Cr. Behind that are Tata Motors & Bharti Airtel with market cap of INR 10,96,290 and INR 16,73,311 Cr respectively.

Table 8: Hurun India Rich List 2015 - Self-Made Degree

Self-Made Degree

No Of Individuals

Richest Individual

Company AgeWealth INR Cr.

5 34 Shiv Nadar HCL 70 94,0194 150 Dilip Shanghvi Sun Pharma 59 1,26,2893 109 Mukesh Ambani Reliance 58 1,60,9512 2 Anil Ambani ADA Reliance 55 27,3591 1 Rishad Naoroji Godrej 64 15,944

Source: Hurun India Rich List. For more details visit www.hurun.net

Hurun Report continued its Self-Made Scorecard, measuring the degree to which billionaires are inherited or self-made. The scorecard is out of five, where 1 is inherited and not active in business, and 5 is self-made without help from parents.

Self-made with a little help from parents was the most common route to becoming a billionaire, featuring 51% of the list.  Second was self-made without help from parents, making up 37% of the list. Third was inheriting a business and growing it into a much bigger entity, with 11% and only one person was Self-Made Degree 1.

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Industry analysis

The industries that added the most number of new millionaires to the list were FMCG, Manufacturing, Mobiles, Technology and e-commerce.

Backed by strong stock market performance of circa 12%, FMCG has produced most number of new faces. The indigenous mobile phone companies seem to have finally obtained comsumer acceptance, helping the companies such as Micromax, Lava and Karbon adding news faces into the list. For a snapshot on the industry that added most number of new entries, refer the table below.

Table 9: Industry producing most number of new entrants

IndustryNo.of new additions

Cumulative Wealth 2015

(INR Cr)

Richest New Individual 2015

Company

FMCG 12 25,732 Ajay Jaisinghani PolycabMobile Phones 9 25,492 Rahul Sharma Micromax

Manufacturing 8 20,266Atul Chandrakant Kirloskar & Brothers Kirloskar

Jewelry 7 21,008 Amit Bhansali Rosy Blue

Technology 5 12,230 Anand Suresh DeshpandePersistent Systems

Source: Hurun India Rich List. For more details visit www.hurun.net

ManufacturingAlmost 15% of the Hurun India Rich List 2015 belonged to the manufacturing sector; the fastest riser is Satyanarayan Nandlal Nuwa (63), of Bharat Forge, who gained 30 places, registering a growth in net worth of 45%. Lachman Das Mittal of Sonalika, falling 90 places to 192, witnessed the biggest fall in rank. Average wealth of the Manufacturing sector was INR 12,040 Cr, with Maharashtra as the preferred hub for manufacturing followed by Delhi.

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PharmaceuticalsThe Pharma sector had another very good year, with wealth of this sector rising at an average of 26%. Hasmukh Chudgar of Intas who registered an increase of 171% in net worth is the biggest gainer in the pharma sector. The majority of the Pharma millionaires hailed from Maharashtra, followed by Andhra Pradesh & Gujarat. It may be noted that all HNIs of the Pharma sector continue to reside & do business from India.

Real estate17 individuals derived their wealth from the Real estate sector. This sector saw its wealth increase on an average of 2% compared to that of last year. Atul Chordia & Sagar Chordia (49), of Panchshil Reality, saw his wealth grow by 48% during the period 2014-15. Atul Ruia (44), of Phoenix Mills is the youngest real estate tycoon on the list.

TMTThe TMT sector has produced 47 individuals. With 12 individuals, Bangalore seems to be the technology hub & 25% of these companies are listed. The fastest riser is Dhiraj Rajaram, of Mu-sigma, who rose up the list by 127 places; Rajaram registered a 490% growth in net worth compared to last year. The biggest fall in rank was witnessed by Shobhana Bhartia of Hindustan Times; her rank fell 115 places to 276.

E- CommerceIn dollar terms E-commerce shows 48% spike in wealth for existing names and 126% spike considering the new entrants into the list. Latest fund raising activities fuelled high valuation for all ecommerce companies. Despite a soaring valuation bubble in the industry, Just Dial is an exception in the list; Venkatachalam Sthanu Subramani lost nearly 80% wealth in INR terms due to share devaluation of Just Dial.

FMCGThe FMCG sector had a very good year, with wealth of this sector rising at an average of 57%. The biggest gainer in the 2015 Hurun India Rich List is from the FMCG sector – Nusli Wadia of Britannia, registered an increase of 277% in net worth.

Stock Markets PerformanceBombay Stock Exchange (BSE) Sensex rose 9.4% from 25,480 on August 1 2014 to 28,814 on July 31 2015. For the year under review, BSE Mid Cap (19.2%) and BSE Small Cap Index (16.4%) outperformed the benchmark index (9.4%). Sensex out performed Global indices S&P 500 (8.4%) and DJIA (6.8%). At a sectorial level, 7 out of the 10 sectorial indexes outperformed the benchmark index; Energy, Utilities and Basic Material underperformed compared to the market. Currently, Indian stock

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market seems to be trading at a high valuation 20.3x compared to 5 year historical average of 17.4x.

This year’s Hurun India Rich List reveals some interesting nuggets of information

Kumar Mangalam Birla was summoned as accused in the Coal Gate

scandal. Fuelled by a 46% drop in market price of Hindalco, the net worth of

Kumar Mangalam Birla dropped by over a third Vellayan stepped down as Murugappa chairman on insider trading charges.

The regulator alleged that Vellayan had passed price sensitive information

pertaining to the acquisition of Sabero by Coromandel FMCG major Dharampal Satyapal Ltd has produced 5 new entries in the list,

the most by any company. India's online retailer Snapdeal raised $500

million, valuing the 5 year old internet startup at US$6 Bn NRIs are getting richer. 35 NRIs have a combined wealth of INR 21,700 Cr

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Stats: Record Highs

Cut-off to make list was INR 1600 Cr, with a record high of 296 individuals up from 235 last year and 141 the year before.

The number of dollar billionaires has jumped to a record high too, with 124 individuals, up 15 from last year.

Table 10: Table analyzing the cut off and the number of entrepreneurs in Hurun India Rich List

YearCut-offINR Cr

No. of people in the list

No. of$ billionaires

2012 1600 100 59

2013 1800 141 63

2014 1800 230 109

2015 1600 296 124Source: The Hurun Research Institute 2015

Cut-off (in INR Cr)

Table 11: Table analyses the cut-off required for Top 10, 50 and 100

2015 INR Cr 2014 INR Cr 2013 INR Cr 2012 INR Cr

Top 10 47,000 44,000 46,600 30,780Top 50 15,100 11,500 7,600 5,940Top 100 7,900 6,500 3,800 1,620Source: The Hurun Research Institute 2015

Table 12: Companies that produced the highest number of individuals on the list

Company Name No. of individualsDS 5Infosys 5Micromax 4Lava International 4Polycab 4Asian Paints 3Kiran Gems 3Godrej 3

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About Hurun Report

Established as a research unit in 1999 by British chartered accountant Rupert Hoogewerf, Hurun Report Inc. has grown on the back of the Hurun China Rich List, a list which ranks the 1800 richest individuals in China. Hurun Report has since 2012 expanded to producing the India Rich List and the Global Rich List, allowing for comparisons between two of the most dynamic economies in the world.

Hurun Report is a leading media platform with its head office in Shanghai, China. Hurun Report Inc. has a stable of four media titles. Hurun Report has an active conferencing division, with its annual India Rich List launch dinner in November in Mumbai.

Hurun Report Inc. publishes The Hurun Schools Guide Series, Wings & Water and Horse & Polo. The Hurun Schools Guide Series is targeted at parents looking to send their children to some of the world’s most prestigious high schools and undergraduate programmes. Somewhat akin to a ‘Lonely Planet’ of education, the series now covers schools from 10 countries including the UK, US, Canada, Australia, New Zealand, Switzerland and Singapore.

Wings & Water is for the so-called lion kings of China; those individuals who lead industry and shape opinions. It addresses the needs of those entrepreneurs looking to purchase a jet or yacht, as well as setting out how to maintain these big and costly machines.

Horse & Polo provides in-depth coverage about horse related issues including features on Polo, Dressage, Horse Racing, Bloodstock as well as Dogs and Croquet. The magazine is designed to be the glamorous companion for wealthy Chinese with a passion for horses.

For further information, see www.hurun.net

For media inquiries, please contact: please provide appropriate contact pointsRupert Hoogewerf, Hurun Report ChairmanEmail: [email protected]

Anas Rahman JunaidEmail: [email protected]: 8606 498 100

6F, Zhongrong Jasper Tower, 8 Yincheng Road, Shanghai 200120021-5010 5808 www.hurun.netPage 15 of 35

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Hurun India Rich List 2015

x

Chan

ge

in

Rank

Name

Degree of

Selfmade

ness

Wealth

INR Cr.

Wealt

h

USDm

Change

in

Wealth

Company Industry Age Residence

1 0Mukesh

Ambani3 160,950 25.2 (4,187) Reliance Energy 58 Mumbai

2 0 Dilip Shanghvi 4 126,290 19.8 (2,384) Sun PharmaPharmace

uticals59 Brasschaat

3 3SP Hinduja &

family3 103,030 16.2 31,030 Hinduja

Manufactu

ring81 London

4 1 Shiv Nadar 5 94,020 14.7 16,185 HCLTechnolog

y70 New Delhi

5 2 Pallonji Mistry 3 87,290 13.7 24,340Shapoorji

Pallonji

Engineerin

g &

Constructi

on

86 Mumbai

6 -3 LN Mittal 4 83,400 13.1 (13,916) ArcelorMittal Steel 64 London

7 -3 Azim Premji 4 51,900 8.1 (33,738) WiproTechnolog

y69 Bangalore

8 2 Gautam Adani 4 50,500 7.5 3,904Adani

Enterprises

Infrastruct

ure53 Ahmedabad

9 0Sunil Mittal &

Family4 48,540 7.6 (2,779) Bharti Airtel Telecom 58 New Delhi

10 3 Uday Kotak 5 47,610 7.5 11,818Kotak

Mahindra

Financial

Services55 Mumbai

11 1Cyrus S

Poonawalla4 42,251 6.6 6,251 Serum

Pharmace

uticals74 Pune

12 3

Anand

Burman &

Family

3 40,856 6.4 9,778 Dabur FMCG 63 New Delhi

13 -5

Kumara

Mangalam

Birla

3 39,653 6.2 (21,967) Aditya BirlaManufactu

ring48 Mumbai

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14 2Desh Bandhu

Gupta4 39,094 6.1 9,828 Lupin

Pharmace

uticals77 Mumbai

15 3 Adi Godrej 3 31,888 5.0 4,813 Godrej FMCG 73 Mumbai

15 3Jamshyd

Godrej3 31,888 5.0 4,813 Godrej FMCG 73 Mumbai

17 11 Pankaj Patel 3 31,778 5.0 11,989 CadilaPharmace

uticals62 Ahmedabad

18 15 Vikram Lal 3 31,263 4.9 14,742Eicher

Motors

Automobil

e73 New Delhi

19 1 Micky jagtiani 4 30,927 4.9 4,763 Landmark

Multi

Brand

Retail

64 Dubai

20 66 Nusli Wadia 3 29,381 4.6 21,595 Britannia FMCG 71 Mumbai

21 8Subhash

Chandra4 29,137 4.6 9,508 Zee

Media &

Entertainm

ent

64 Mumbai

22 5Benu Gopal

Bangur4 28,273 4.4 8,393

Shree

Cements

Manufactu

ring84 Kolkata

23 -12 Anil Ambani 3 27,359 4.3 (15,539)ADA

Reliance

Infrastruct

ure55 Mumbai

24 -3 Rahul Bajaj 3 27,120 4.3 2,647 Bajaj AutoAutomobil

e77 Pune

25 0 Anil Agarwal 4 24,358 3.8 3,829Vedanta

ResourceEnergy 62 London

26 -4

Brijmohan Lall

Munjal &

Family

5 23,440 3.7 (544) Hero MotoAutomobil

e92 Ludhiana

27 4 Yusuf Hamied 3 23,049 3.6 5,712 CiplaPharmace

uticals78 Mumbai

28 8Madhukar

Parekh3 22,006 3.5 7,606 Pidilite

Manufactu

ring69 Mumbai

29 -6 Shashi Ruia 4 21,269 3.3 (2,121) Essar Energy 71 Mumbai

6F, Zhongrong Jasper Tower, 8 Yincheng Road, Shanghai 200120021-5010 5808 www.hurun.netPage 17 of 35

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29 -6 Ravi Ruia 4 21,269 3.3 (2,121) Essar Energy 66 Mumbai

31 12 Ashwin Dani 3 20,235 3.2 7,265 Asian PaintsManufactu

ring73 Mumbai

32 23 Ajay Piramal 3 19,421 3.0 8,808Piramal

Enterprise

Pharmace

uticals60 Mumbai

33 13 Indu Jain 3 19,179 3.0 6,587Bennett

Coleman

Media &

Entertainm

ent

78 New Delhi

34 4 GV Prasad 4 18,625 2.9 4,729Dr. Reddy's

Lab

Pharmace

uticals74 Hyderabad

35 14Harsh

Mariwala3 18,607 2.9 7,017 Marico FMCG 64 Mumbai

36 59

A Vellayan

Murugappa &

Family

3 18,463 2.9 11,486Carborundu

m Abrasives 62 Chennai

37 -2Romesh T

Wadhwani4 18,137 2.8 3,137 Symphony TMT 68 Palo Alto

38 127Dhiraj

Rajaram4 17,789 2.8 14,789 Mu Sigma

Technolog

y- Bangalore

39 -7Chandru

Raheja4 17,575 2.8 923

Shoppers

Stop

Multi

Brand

Retail

75 Mumbai

40 16 Yusuffali MA 5 17,534 2.8 7,440 Emke

Multi

Brand

Retail

59 Abu Dhabi

41 -7 Feroz Allana 5 17,443 2.7 1,843 IFFCOFood &

Beverages- Sharjah

42 -25Kushal Pal

Singh4 16,855 2.6 (11,160) DLF

Real

estate84 New Delhi

43 -4

PV

Ramaprasad

Reddy

4 16,506 2.6 2,925Aurobindo

Pharma

Pharmace

uticals57 Hyderabad

44 3 Baba Kalyani 3 16,083 2.5 4,188Bharat

Forge

Manufactu

ring66 Pune

45 -15 Rajan Raheja 4 15,951 2.5 (1,439)Hathway

Cable

Media &

Entertainm

ent

61 Mumbai

6F, Zhongrong Jasper Tower, 8 Yincheng Road, Shanghai 200120021-5010 5808 www.hurun.netPage 18 of 35

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46 -1Rishad

Naoroji1 15,944 2.5 3,344 Godrej FMCG 64 Mumbai

47 -33Savitri Jindal

& Family1 15,680 2.5 (20,069) JSPL Steel 65 Hisar

48 -4

Vijay

Chauhan &

Family

3 15,349 2.4 2,748Parle

Products

Food &

Beverages79 Mumbai

49 14Malvinder

Singh3 15,140 2.4 5,327

Fortis

HealthcareHealthcare 39 New Delhi

49 14Shivinder

Singh3 15,140 2.4 5,327

Fortis

HealthcareHealthcare 37 New Delhi

51 -3 Murali Divi 4 14,925 2.3 3,236 Divi's LabPharmace

uticals63 Hyderabad

52 10Ashwin

Choksi3 14,722 2.3 4,858 Asian Paints

Manufactu

ring72 Mumbai

53 5

Glenn

Saldanha &

Family

3 14,555 2.3 4,520Glenmark

Pharma

Pharmace

uticals77 Mumbai

54 7 Abhay Vakil 3 14,285 2.2 4,392 Asian PaintsManufactu

ring64 Mumbai

55 10 Ravi Pillai 5 13,900 2.2 4,300 RPReal

Estate65 Dubai

56 -19Vivek Chaand

Sehgal4 13,583 2.1 (533)

Motherson

Sumi

Manufactu

ring59 New Delhi

57 46Habil

Khorakiwala5 13,321 2.1 7,179 Wockhardt Healthcare 73 Mumbai

58 -8 Ravi Jaipuria 4 13,254 2.1 1,734 RJ CorpManufactu

ring60 New Delhi

59 -17Kalanithi

Maran3 12,697 2.0 (445) Sun Network

Media &

Entertainm

ent

50 Chennai

60 -8NR Narayana

Murthy4 12,688 2.0 1,748 Infosys

Technolog

y69 Bangalore

61 -20Kavitark Ram

Shriram4 12,400 1.9 (803) Google TMT 59 Menlo Park

6F, Zhongrong Jasper Tower, 8 Yincheng Road, Shanghai 200120021-5010 5808 www.hurun.netPage 19 of 35

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62 3Manoj

Bhargava4 12,291 1.9 2,691

5 Hour

Energy

Food &

Beverages62

Farmington

Hills

63 37Radhe Shyam

Agarwal4 12,051 1.9 5,678 Emami FMCG 69 Kolkata

63 37Radhe Shyam

Goenka4 12,051 1.9 5,678 Emami FMCG 68 Kolkata

65 -14Qimat Rai

Gupta5 11,803 1.9 782 Havells India

Manufactu

ring78 New Delhi

66 21 Sudhir Mehta 3 11,622 1.8 4,053Torrent

Pharma

Pharmace

uticals61 Ahmedabad

66 21 Samir Mehta 3 11,622 1.8 4,053Torrent

Pharma

Pharmace

uticals52 Ahmedabad

68 -14 Vinod Khosla 4 11,477 1.8 677Khosla

Ventures

Investmen

ts60 Portola Valley

69 1 Ratan Tata 3 11,317 1.8 2,317 Tata SonsManufactu

ring78 Mumbai

70 62

Mannalal B

Agarwal &

Family

4 11,165 1.8 6,637Ajanta

Pharma

Pharmace

uticals68 Mumbai

71 102 PNC Menon 5 10,958 1.7 8,066PNC

Investments

Real

estate67 Bangalore

72 6 Sanjay Singal 3 10,843 1.7 2,263

Bhushan

Power &

Steel

Heavy

Industry56 New Delhi

73 -3 Swraj Paul 4 10,712 1.7 1,712 CaparoManufactu

ring84 London

74 -7Samprada

Singh4 10,373 1.6 1,049

Alkem

Laboratories

Pharmace

uticals89 Mumbai

75 -1

Mangal

Prabhat

Lodha

5 9,981 1.6 1,039 LodhaReal

estate59 Mumbai

76 49 Ranjan Pai 3 9,923 1.6 5,123Manipal

EducationEducation 42 Bangalore

77 109Balkrishnan

Goenka5 9,819 1.5 7,410

Welspun

Corp

Tubes and

Pipes49 Mumbai

6F, Zhongrong Jasper Tower, 8 Yincheng Road, Shanghai 200120021-5010 5808 www.hurun.netPage 20 of 35

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78 121Sameer

Gehlaut4 9,814 1.5 8,014

Indiabulls

Financial

Financial

Services41 Mumbai

79 -9 Sunny Varkey 3 9,778 1.5 778Gems

Education

Other

Services58 Dubai

80 1Mofatraj

Munot5 9,721 1.5 1,713 Kalpataru

Real

estate71 Mumbai

81 9Mallika

Srinivasan3 9,561 1.5 2,361 TAFE

Manufactu

ring56 Chennai

82 -6

S

Gopalakrishn

an

4 9,288 1.5 490 InfosysTechnolog

y60 Bangalore

83 -26 Rajesh Mehta 5 9,088 1.4 (949)Rajesh

ExportsJewellery 50 Bangalore

84 -1VG

Siddhartha4 9,039 1.4 1,173 Mindtree

Technolog

y56 Bangalore

85 58 Binny Bansaal 4 9,010 1.4 5,104 Flipkart

E-

Commerc

e

34 Bangalore

85 58Sachin

Bansaal4 9,010 1.4 5,104 Flipkart

E-

Commerc

e

34 Bangalore

87 -61 Prakash Lohia 4 8,962 1.4 (11,160) IndoramaManufactu

ring63 London

88 48Anand

Mahindra3 8,947 1.4 4,673 M&M

Automobil

e60 Mumbai

89 28Tony

Jashanmal3 8,944 1.4 3,544 Jashanmal

Multi

Brand

Retail

67 Dubai

90 -13Nandan

Nilekani4 8,862 1.4 274 Infosys

Technolog

y60 Bangalore

91 28

Ramesh

Genomal &

Family

4 8,755 1.4 3,676Page

Industries

Manufactu

ring62 Bangalore

92 -17 Aloke Lohia 4 8,611 1.4 (243) IndoramaManufactu

ring57 Bangkok

93 -53Gautam

Thapar3 8,575 1.3 (4,926)

Crompton

Greaves

Manufactu

ring54 New Delhi

6F, Zhongrong Jasper Tower, 8 Yincheng Road, Shanghai 200120021-5010 5808 www.hurun.netPage 21 of 35

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94 2 Rajju Shroff 5 8,519 1.3 1,707United

Phosphorus

Manufactu

ring78 Mumbai

95 -6Hemendra

Kothari4 8,512 1.3 1,069

DSP

BlackRock

Investmen

ts69 Mumbai

96 -37 Nirav Modi 3 8,276 1.3 (1,643)Firestar

DiamondsJewellery 44 Mumbai

97 0 Anu Aga 3 8,174 1.3 1,371 Thermax Energy 73 Pune

98 -6Devendra

Kumar Jain4 8,161 1.3 1,014

Gujarat

Flourochemi

cals

Manufactu

ring86 New Delhi

99 66

Hasmukh

Chudgar &

Family

4 8,119 1.3 5,119Intas

Pharma

Pharmace

uticals79 Ahmedabad

100 -21Rakesh

Jhunjhunwala5 7,980 1.3 (193)

Rare

Enterprises

Investmen

ts55 Mumbai

101 17 Analjit Singh 4 7,890 1.2 2,490 Max IndiaFinancial

Services61 New Delhi

102 -8

TS

Kalyanarama

n

5 7,831 1.2 767Kalyan

JewellersJewellery 68 Thrissur

103 -23Sanjiv

Goenka3 7,499 1.2 (536)

Spencer

Retail

Multi

Brand

Retail

54 Kolkata

104 1Prathap

Reddy4 7,136 1.1 1,130

Apollo

HospitalsHealthcare 83 Chennai

105 -12 Vikas Oberoi 3 7,126 1.1 35Oberoi

Realty

Real

estate45 Mumbai

106 -46Prithviraj

Kothari4 7,096 1.1 (2,802) RSBL Jewellery 50 Mumbai

107 -37 Suhail Rizvi 4 7,021 1.1 (1,979)

Rizvi

Traverse

Capital

TMT 50 San Francisco

108 1

Chirayu R

Amin &

Family

3 6,869 1.1 1,084Alembic

Pharma

Pharmace

uticals69 Mumbai

109 59Murli Dhar

Gyan 5 6,856 1.1 3,897 RSPL Jewellery 66 Kanpur

6F, Zhongrong Jasper Tower, 8 Yincheng Road, Shanghai 200120021-5010 5808 www.hurun.netPage 22 of 35

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Chandani &

Family

109 59

Bimal Gyan

Chandani &

Family

5 6,856 1.1 3,897 RSPL Jewellery 54 Kanpur

111 -9 Joy Alukkas 4 6,851 1.1 515 Joy Alukkas Jewellery 59 Kochi

112 -43Kapil Bhatia &

Rahul Bhatia4 6,757 1.1 (2,381)

Interglobe

EnterpriseAviation

82/5

4New Delhi

113 -6 K Dinesh 4 6,696 1.1 787 InfosysTechnolog

y61 Bangalore

114 7

Prakash

Chauhan &

Family

3 6,589 1.0 1,558Parle Agro

Foods

Food &

Beverages69 Mumbai

115 -11

MG George

Muthoot &

Family

3 6,476 1.0 334Muthoot

Finance

Financial

Services66 New Delhi

116 71 Azad Moopen 5 6,421 1.0 4,021DM

HealthcareHealthcare - Dubai

117 36Harsh

Goenka3 6,418 1.0 2,960

RPG

Enterprises

Infrastruct

ure57 Mumbai

118 -7Bhadresh

Shah4 6,345 1.0 648 AIA

Manufactu

ring64 Ahmedabad

119 NewRakesh

Gangwal4 6,305 1.0 New

Interglobal

EnterpriseAviation 63 Miami

120 5Gurbachan

Singh Dhingra3 6,231 1.0 1,431

Berger

Paints

Manufactu

ring65 Kolkata

120 5Kuldip Singh

Dhingra3 6,231 1.0 1,431

Berger

Paints

Manufactu

ring68 Kolkata

122 -23

Kiran

Mazumdar-

Shaw

4 6,143 1.0 (395) BioconPharmace

uticals62 Bangalore

123 -32 Irfan Razack 5 6,097 1.0 (1,096)

Prestige

Estate

Projects

Real

estate62 Bangalore

124 New

Jasminder

Singh and

family

3 6,076 1.0 New Edwardian Hospitality 65 Berkshire

6F, Zhongrong Jasper Tower, 8 Yincheng Road, Shanghai 200120021-5010 5808 www.hurun.netPage 23 of 35

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125 5Ramesh

Juneja4 6,026 0.9 1,274

Mankind

Pharma

Pharmace

uticals61 New Delhi

125 New Rajeev Juneja 4 6,026 0.9 NewMankind

Pharma

Pharmace

uticals51 Delhi

127 -19Bhupendra

Kumar Modi3 5,961 0.9 90 Spice Telecom 66 Singapore

128 42

Puranmal

Bansal and

Family

5 5,903 0.9 2,972M.D

OverseasTrading 86 New Delhi

129 -16 SD Shibulal 4 5,891 0.9 283 InfosysTechnolog

y60 Bangalore

130 -5Jawaharlal

Gangaramani4 5,873 0.9 1,073 Al Fara

Engineerin

g &

Constructi

on

- Abu Dhabi

131 -47Krishnan

Ganesh4 5,852 0.9 (1,968) IT&T

Investmen

ts53 Bangalore

132 2 Shishir Bajaj 3 5,826 0.9 1,396Bajaj

Hindustan

Manufactu

ring67 Mumbai

133 17Salil Singhal

& Family3 5,745 0.9 2,199 PI Industries

Manufactu

ring- New Delhi

134 30Satyanarayan

Nandlal Nuwa5 5,661 0.9 2,565

Solar

Industries

Manufactu

ring63 Nagpur

135 -67 GM Rao 4 5,631 0.9 (3,536) GMRInfrastruct

ure65 Bangalore

136 72

Ramesh

Kumar Dua &

Family

3 5,567 0.9 3,612Relaxo

Footwear

Leather

Products60 New Delhi

137 -12

Kanaksi

Gokaldas

Khimji &

Family

3 5,518 0.9 718Khimji

RamdasDiversified - Muscat

138 -24Virendra

Mhaiskar3 5,504 0.9 (80) IRB Infra

Infrastruct

ure44 Mumbai

139 1KM Mammen

& Family3 5,210 0.8 1,091 MRF Tyres

Manufactu

ring- Chennai

140 19 Satish 4 5,176 0.8 1,802 Emcure Healthcare 64 Pune

6F, Zhongrong Jasper Tower, 8 Yincheng Road, Shanghai 200120021-5010 5808 www.hurun.netPage 24 of 35

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Ramanlal

Mehta

141 8 Rizwan Sajan 4 5,157 0.8 1,557 Danube

Engineerin

g &

Constructi

on

51 Dubai

142 -9Karsanbhai

Patel5 5,100 0.8 667 Nirma FMCG 71 Ahmedabad

143 15Keshub

Mahindra3 5,057 0.8 1,683

Mahindra &

Mahindra

Automobil

e92 Mumbai

144 New

Murli

Kewalram

Chanrai

3 5,018 0.8 NewKewalram

chanraiDiversified 93 -

145 -39 Onkar Kanwar 3 4,996 0.8 (939) Apollo TyresManufactu

ring72 Gurgaon

146 2

Achal Anil

Bakeri &

Family

4 4,975 0.8 1,366 Symphony FMCG 55 -

147 57 Sudhir Hasija 4 4,970 0.8 2,970 KarbonnMobile

Phones56 Bangalore

148 14 Anand Jain 4 4,962 0.8 1,757 Jai CorpGP/GC

Sheets58 Mumbai

149 -27Ramesh

Agarwal4 4,957 0.8 48 DB Corp

Media &

Entertainm

ent

70 Bhopal

150 -34Jithendra

Virwani4 4,866 0.8 (674)

Embassy

Property

Real

estate49 Bangalore

151 -13CV Jacob &

Family5 4,859 0.8 659 Synthite

Manufactu

ring82 Kolencherry

152 -1Sanjeev

Bikhchandani4 4,815 0.8 1,283

Info Edge

India

Media &

Entertainm

ent

51 New Delhi

153 -15Yogesh

Mehta5 4,695 0.7 495

Petrochem

MELogistics - Dubai

154 0Shyam

Bhartia4 4,620 0.7 1,188

Jubilant Life

Science

Food &

Beverages62 New Delhi

154 0 Hari Bhartia 4 4,620 0.7 1,188Jubilant Life

Science

Food &

Beverages58 New Delhi

6F, Zhongrong Jasper Tower, 8 Yincheng Road, Shanghai 200120021-5010 5808 www.hurun.netPage 25 of 35

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156 46Arun Bharat

Ram3 4,608 0.7 2,478 SRF Textiles 74 New Delhi

157 New Tom Singh 4 4,591 0.7 New New Look

Multi

Brand

Retail

67 Weymouth

158 -76Niranjan

Hiranandani4 4,555 0.7 (3,349) Hiranandani

Real

estate65 Mumbai

159 -74 BR Shetty 4 4,550 0.7 (3,250) NMC Healthcare 73 Abu Dhabi

160 30VC

Nannapaneni4 4,530 0.7 2,139

Natco

Pharma

Pharmace

uticals67 Hyderabad

161 -15 Rana Kapoor 4 4,490 0.7 773 Yes BankFinancial

Services58 Mumbai

162 -42BL Taparia &

Family3 4,367 0.7 (713) Supreme

Manufactu

ring80 Mumbai

163 33 Atul Chordia 4 4,346 0.7 2,100Panchshil

Realty

Real

estate49 Pune

163 33Sagar

Chordia4 4,346 0.7 2,100

Panchshil

Realty

Real

estate49 Pune

165 16

Ramachandra

N Galla &

Family

4 4,311 0.7 1,710Amara Raja

Battery

Auto-

Ancillaries77 Hyderabad

166 -42Premchand

Godha4 4,310 0.7 (566)

IPCA

Laboratories

Pharmace

uticals69 Mumbai

167 -30 Rajiv Poddar 3 4,226 0.7 13 Balkrishna Tyres 30 Mumbai

168 37 Kishore Biyani 4 4,166 0.7 2,174Future

capital

Multi

Brand

Retail

54 Mumbai

169 -38TT

Jagannathan3 4,138 0.6 (515)

TTK

Prestige

Manufactu

ring67 Bangalore

170 NewAnand Suresh

Deshpande4 4,095 0.6 New

Persistent

Systems

Technolog

y54 Pune

171 New Rahul Sharma 4 4,070 0.6 New MicromaxMobile

phones40 Gurgaon

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172 NewRajesh

Agarwal4 4,068 0.6 New Micromax

Mobile

phones51 Delhi

172 NewSumeet

Kumar4 4,068 0.6 New Micromax

Mobile

phones41 Delhi

172 New Vikas Jain 4 4,068 0.6 New MicromaxMobile

phones41 Delhi

175 New

Jai Hari

Dalmia &

Family

3 4,061 0.6 NewDalmia

Bharat

Manufactu

ring72 New Delhi

176 -19

MP

Ramachandra

n

5 4,038 0.6 641Jyothy

LaboratoriesFMCG 69 Mumbai

177 14 Motilal Oswal 4 4,019 0.6 1,644Motilal

Oswal

Financial

Services53 Mumbai

178 -36 Chandu Virani 5 4,015 0.6 22Balaji

Wafers

Food &

Beverages53 Rajkot

179 NewSanjay S

Lalbhai3 3,957 0.6 New Arvind Textiles - Ahmedabad

180 -20 Madhu Kapur 3 3,926 0.6 649 Yes BankFinancial

Services52 Mumbai

181 19

Chandramoga

n RG &

Family

5 3,836 0.6 1,684 Hatsun AgroFood &

Beverages66 Sivakasi

182 -26 Atul Ruia 3 3,795 0.6 376Phoenix

Mills

Real

estate44 Mumbai

183 -73Deepak

Babani4 3,745 0.6 (1,982) Eros

Media &

Entertainm

ent

- Dubai

184 -131Venugopal

Dhoot3 3,737 0.6 (7,127) Videocon Energy 64 Mumbai

185 -20 Priya Paul 3 3,668 0.6 668Appejay

SurenderHospitality 48 Kolkata

186 9Naresh

Trehan4 3,632 0.6 1,380

Medanta

MedicityHealthcare 69 New Delhi

187 -2Dinesh

Nandwana4 3,573 0.6 1,138

Vakranjee

Software

Technolog

y52 Mumbai

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188 -4Kamal

Kishore Gupta3 3,549 0.6 1,054

Omkar

Realtors

Real

estate56 Mumbai

189 NewM Prabhakara

Rao3 3,544 0.6 New

Nuziveedu

SeedsAgriculture 57 Hyderabad

190 -49GV Bhaskar

Rao4 3,538 0.6 (510) Kaveri Seed Agriculture 63 Secunderabad

191 NewYadupati

Singhania3 3,508 0.6 New J K Cements

Manufactu

ring62 New Delhi

192 -94Lachman Das

Mittal3 3,486 0.5 (3,114) Sonalika

Manufactu

ring80 Hoshiarpur

193 NewKishore Lulla

& Family3 3,422 0.5 New

Eros

International

Media

TMT 55 Mumbai

193 NewVijay Ahuja &

Family3 3,422 0.5 New

Eros

International

Media

TMT 59 Mumbai

195 11 Jai R Shroff 4 3,376 0.5 1,391 Advanta Agriculture 40 Hyderabad

196 New Balram Garg 4 3,359 0.5 New PC Jeweller Jewellery 46 Delhi

197 NewVallabhbhai

Patel4 3,355 0.5 New Kiran Gems Jewellery 58 Mumbai

197 New Mavji Patel 4 3,355 0.5 New Kiran Gems Jewellery 52 Mumbai

197 New Babu Lakhani 4 3,355 0.5 New Kiran Gems Jewellery 56 Mumbai

200 -20

Ashok Kumar

Kajaria &

Family

4 3,228 0.5 594 Kajaria Ceramics 68 New Delhi

201 -23

Kochouseph

Chittilappilly &

Family

4 3,225 0.5 544 V guard FMCG 65 Kochi

202 -50Amit Jatia &

Family3 3,208 0.5 (252)

Westlife

Developmen

t

Hospitality 48 Mumbai

203 0Dhruv M

Sawheny & 4 3,174 0.5 1,139

Triveni

Turbines

Manufactu

ring66 New Delhi

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Family

204 NewRanjit Puri &

Family4 3,105 0.5 New

Isgec Heavy

Engineering

Manufactu

ring76 Noida

205 -30 Raghav Bahl 4 3,092 0.5 262TV 18

Broadcast

Media &

Entertainm

ent

54 Noida

206 -19

MAM

Ramaswamy

& Family

3 3,068 0.5 668Chettinad

Cement

Manufactu

ring84 Chennai

207 -36Shahrukh

Khan5 3,060 0.5 139

Red Chillies

Entertainme

nt

Media &

Entertainm

ent

49 Mumbai

208 NewJahangir

Wadia3 2,996 0.5 New Go Air Aviation 45 Mumbai

209 -8Nimesh

Kampania4 2,945 0.5 796

JM

Financials

Financial

Services68 Mumbai

210 New

Nishita Shah

Federbush &

Family

3 2,914 0.5 NewPrecious

ShippingLogistics 36 Bangkok

211 -35

Mahendra

Mohan Gupta

& Family

5 2,906 0.5 85Jagran

Prakashan

Media &

Entertainm

ent

73 Kanpur

212 -30Shashi Kiran

Shetty4 2,896 0.5 358

Allcargo

LogisticsLogistics 58 Mumbai

213 -2

B

Soundararaja

n

5 2,838 0.4 935Suguna

Foods

Food &

Beverages54 Coimbatore

213 -2GB

Soundarajan5 2,838 0.4 935

Suguna

Foods

Food &

Beverages- Coimbatore

215 NewVijay Shankar

Sharma4 2,824 0.4 New Paytm

E-

Commerc

e

38 Delhi

216 1

Vishnubhai M

Patel &

Family

4 2,821 0.4 1,022Sadbhav

Engineering

Engineerin

g &

Constructi

on

73 Ahmedabad

217 -45Prithvi Raj

Singh Oberoi3 2,789 0.4 (120)

East India

HotelsHospitality 86 New Delhi

218 New Atul 3 2,779 0.4 New Kirsloskar Manufactu 60 Pune

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Chandrakant

Kirloskar &

Brothers

Oil Engine ring

219 New

Vijay

Sankeshwar

& Family

4 2,740 0.4 NewVRL

LogisticsLogistics 66 Hubli

220 -97

Venkatachala

m Sthanu

Subramani

4 2,725 0.4 (2,173) Just Dial

E-

Commerc

e

- Mumbai

221 New

Kapil

Wadhawan &

Family

3 2,701 0.4 New

Dewan

Housing

Finance

Financial

Services42 Mumbai

222 -77 Rajiv Gupta 3 2,672 0.4 (1,192) MGFReal

estate69 New Delhi

223 New

Rajendra

Chandrakant

Gogri

4 2,614 0.4 NewAarti

IndustriesChemicals 57 Mumbai

224 NewParagon

Family5 2,603 0.4 New Paragon

Leather

Products- Kottayam

225 New

Ramprakash

V Bubna &

Family

4 2,593 0.4 NewSharda

CropchemChemicals 69 Mumbai

226 -43 Naresh Goyal 4 2,581 0.4 60 Jet Airways Aviation 66 Mumbai

227 -13

Sandeep

Pravinbhai

Engineer

3 2,569 0.4 727Astral Poly

TechPlastics 54 Ahmedabad

228 -93 Tulsi Tanti 4 2,537 0.4 (1,740) Suzlon Energy 58 Pune

229 New Russell Mehta 3 2,528 0.4 New Rosy Blue Jewellery 55 Mumbai

229 New Amit Bhansali 3 2,528 0.4 New Rosy Blue Jewellery 54 Antwerp

231 NewPadam chand

Gupta4 2,527 0.4 New PC Jeweller Jewellery 69 Delhi

232 -19Rahul

Dhanuka4 2,509 0.4 659

Dhanuka

AgritechChemicals 41 Gurgaon

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233 New

K Sivalinkam

Mudaliar &

Family

3 2,459 0.4 NewChennai

SilksTextiles - -

234 -87Getamber

Anand4 2,456 0.4 (1,233) ATS

Real

estate- Noida

235 -48

Ramesh S

Ramakrishna

n

4 2,447 0.4 47 Transworld Logistics - Dubai

236 New

Bharat Hari

Singhania &

Family

3 2,438 0.4 New

JK

Organistatio

n

Diversified 77 New Delhi

237 -43 GSK Velu 4 2,430 0.4 135Trivitron

HealthcareHealthcare 47 Chennai

238 NewBhavish

Aggarwal4 2,385 0.4 New Ola cab

Technolog

y29 Mumbai

238 New Ankit Bhati 4 2,385 0.4 New Ola cabTechnolog

y28 Mumbai

240 -125Jaiprakash

Gaur4 2,363 0.4 (3,177)

JP

Associates

Infrastruct

ure84 New Delhi

241 NewPadmasingh

Isaac4 2,343 0.4 New

Aachi

MasalaFMCG 61 Chennai

242 -27Lachmandas

Pagarani4 2,324 0.4 524 Al Maya

Multi

Brand

Retail

84 Dubai

243 New Kunal Bhal 4 2,314 0.4 New Snapdeal

E-

Commerc

e

32 Delhi

244 -37 AM Arun 4 2,314 0.4 357Vasan Eye

CareHealthcare 46 Tiruchirappalli

245 New

Mohan Anand

Chandavarkar

& Family

3 2,279 0.4 New F D CPharmace

uticals80 Mumbai

246 -83 Abhay Firodia 3 2,263 0.4 (884)Force

Motors

Automobil

e70 Pune

247 New

Pralhad P

Chhabria &

Family

5 2,254 0.4 NewFinolex

industriesFMCG 86 -

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248 -55Kunwer

Sachdev3 2,226 0.3 (74) Su Kam

Manufactu

ring49 New Delhi

249 NewVenkateswarl

u Jasti4 2,216 0.3 New

Suven Life

Sciences .Chemicals 67 Hyderabad

250 -52 PVN Raju 4 2,208 0.3 (12)Gland

Pharma

Pharmace

uticals- Hyderabad

251 New Sabu M Jacob 3 2,204 0.3 NewKitex

GarmentsFMCG 54 Kochi

252 New

Rashesh

Chandrakant

Shah

4 2,146 0.3 NewEdelweiss

Capital

Financial

Services53 Mumbai

253 -38Santosh

Joseph4 2,130 0.3 330 Dubai Pearl

Real

Estate- Dubai

254 NewGiridhar

Jaisinghani4 2,120 0.3 New Polycab FMCG 72 Delhi

254 NewInder

Jaisinghani4 2,120 0.3 New Polycab FMCG 63 Delhi

254 NewRamesh

Jaisinghani4 2,120 0.3 New Polycab FMCG 60 Delhi

254 NewAjay

Jaisinghani4 2,120 0.3 New Polycab FMCG 64 Delhi

258 NewRavinder

Kumar3 2,090 0.3 New DS FMCG 62 Noida

258 New Rajiv Kumar 3 2,090 0.3 New DS FMCG 53 Noida

258 New Puesh Kumar 3 2,090 0.3 New DS FMCG 48 Noida

258 New Ajay Kumar 3 2,090 0.3 New DS FMCG 49 Noida

258 New Atul Jain 3 2,090 0.3 New DS FMCG 51 Noida

263 -53

Nikhil Gadhi &

Bhavesh

Gandhi

4 2,063 0.3 134 PipavavManufactu

ring- Mumbai

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264 NewSuresh G

Kare3 2,052 0.3 New

Indoco

Remadies

Pharmace

uticals77 Mumbai

265 -56 Karan Thapar 3 2,051 0.3 101Greaves

Cotton

Manufactu

ring58 Mumbai

266 -74Basant Kumar

Birla3 2,050 0.3 (294)

Century

TextileTextiles 94 Kolkata

267 -88 Rohtas Goel 4 2,029 0.3 (642)Omaxe

Realty

Real

Estate54 Delhi

268 New Arvind Dham 4 2,014 0.3 New Amtek autoAutomobil

e55 New Delhi

269 New

Nirmal

Bhanwarlal

Jain

4 1,989 0.3 NewIIFL

Holdings

Financial

Services49 Mumbai

270 -52 SP Oswal 3 1,974 0.3 211Vardhman

TextilesTextiles 71 -

271 -52 Hari Om Rai 4 1,951 0.3 354Lava

International

Mobile

Phones- New Delhi

271 New Sunil Bhalla 4 1,951 0.3 NewLava

International

Mobile

phones- Noida

271 NewShailendra

Nath Rai4 1,951 0.3 New

Lava

International

Mobile

phones55 Noida

271 New Vishal Segal 4 1,951 0.3 NewLava

International

Mobile

phones- Delhi

275 -98 Paul P john 4 1,930 0.3 (872)John

Distilleries

Food &

Beverages- -

276 -115Shobhana

Bhartia3 1,922 0.3 (1,340) HT

Media &

Entertainm

ent

58 New Delhi

277 New

KVP

Sadayandi

Moopanar

3 1,900 0.3 New Pothys Textiles - Chennai

278 New

Dinesh B

Patel & Amit

Patel

4 1,833 0.3 New Sintex Plastics 81 Kolol

279 New

Thomas

George

Muthoot

3 1,805 0.3 NewMuthoot

Fincorp

Financial

Services54 Kochi

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280 New

NK

Ramanathan

& Family

3 1,793 0.3 New Nalli Textiles - Chennai

281 NewRajarathinam

Nadar3 1,782 0.3 New

Saravana

Stores

Multi

Brand

Retail

- Chennai

281 NewYogarathinam

Nadar3 1,782 0.3 New

Saravana

Stores

Multi

Brand

Retail

Dec

ease

d on

3

Sep

201

5

Chennai

283 New

Sanjay

Agarwal &

Family

4 1,777 0.3 NewCentury

Plyboard

Manufactu

ring55 Kolkata

284 NewShantilal J

Mehta4 1,774 0.3 New

Navkar

CorporationLogistics 63 Mumbai

285 -111

Prakash M

Sanghvi &

Family

3 1,763 0.3 (1,092)Ratnamani

SteelsSteel 57 -

286 -66

Bharat

Kanaiyalal

Sheth &

Family

3 1,754 0.3 252

Great

Eastern

Shipping

Manufactu

ring53 Mumbai

287 NewAvinash Jain

& Family4 1,754 0.3 New Arise India

Manufactu

ring45 Delhi

288 New

Sandeep

Parasrampuri

a

4 1,723 0.3 NewBest IT

World

Mobile

phones51 Mumbai

289 NewNaveen

Tewari4 1,683 0.3 New Inmobi

Technolog

y39 Bangalore

290 New Pranay Chulet 4 1,682 0.3 New QuikrTechnolog

y52 Mumbai

291 New

Ramasubrah

maneya

Rajha

3 1,681 0.3 NewRamco

Cements

Manufactu

ring80 Chennai

292 -180 Ajay Kalsi 4 1,656 0.3 (4,011) Indus Gas Energy 54 New Delhi

293 New Yerraguntla 4 1,642 0.3 New Celkon Mobile 41 Hyderabad

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Guruswamy

NaiduImpex phones

294 NewDilip

Suryavanshi4 1,628 0.3 New Dilip Bildcon

Infrastruct

ure58 Bhopal

295 New

Arun Kumar

Gupta &

Family

3 1,607 0.3 New KRBL Agriculture 46 Noida

296 New

Sajjan

Bhajanka &

Family

4 1,599 0.3 NewCentury

Plyboard

Manufactu

ring63 Kolkata

6F, Zhongrong Jasper Tower, 8 Yincheng Road, Shanghai 200120021-5010 5808 www.hurun.netPage 35 of 35