Mukul Agrawal: The Rise of a Dalal Street Maverick

Mukul Agrawal is a prominent Indian investor and stock market expert who has made a name for himself on Dalal Street. As the founder and chairman of Param Capital Group, Agrawal has become one of the most successful and respected figures in the Indian financial landscape.

Early Life and Career

Born in 1981 in Jaipur, Rajasthan, Mukul Agrawal was raised in a business-oriented family. This early exposure to entrepreneurship laid the foundation for his future success. Agrawal graduated with a commerce degree from Mumbai University in 1991 at the young age of 19. He later enhanced his business acumen by attending a Management & Leadership Program at Harvard Business School.

The Making of a Dalal Street Veteran

Agrawal’s journey to becoming a Dalal Street veteran began in the early 1990s. Fresh out of college, he started as a trader in the grey market for initial public offerings (IPOs). His early days were marked by determination and resourcefulness. Agrawal would travel daily from Malad to Dalal Street, eager to learn about the market dynamics.

His breakthrough came with the booming grey market for soon-to-be-listed stocks. Agrawal’s ability to build trust and his sharp business acumen allowed him to thrive in this environment. By 1993, he had made his first few lakh rupees, a significant sum at that time.

Founding Param Capital Group

In 1993, Mukul Agrawal founded Param Capital Group. This move marked the beginning of his journey as a professional investor and entrepreneur. Under his leadership, Param Capital has become a prominent player in capital market trading and investment.

Investment Philosophy and Major Investments

Agrawal is known for his aggressive investment strategy, particularly in small-cap and mid-cap stocks. He focuses on thorough analysis and is willing to take calculated risks with promising penny stocks. Some of his notable investments include:

Net Worth and Portfolio

As of 2024, Mukul Agrawal’s net worth is estimated to be over ₹7,145.4 crore. His portfolio consists of 54 stocks spread across various sectors, showcasing his diversified investment approach. For a detailed look at his portfolio, visit Mukul Agrawal’s portfolio on Moneycontrol.

Personal Life

Mukul Agrawal is married to Asha Mukul Agrawal, who is also involved in high-profile real estate investments. In 2023, Asha Mukul Agrawal made headlines by purchasing three ultra-luxury apartments in Mumbai’s Malabar Hill area for ₹263 crore.

Philanthropy and Achievements

Beyond his financial success, Mukul Agrawal is actively involved in philanthropy and education. He is a founder trustee of Plaksha University, a private engineering university in Mohali, Punjab. Additionally, he is a founder trustee of Shriram Institute of Medical Sciences in Aurangabad, Maharashtra, and Dr Hedgewar Hospital, which has 800 beds.

Agrawal’s achievements in the financial world have earned him recognition as one of India’s most successful investors. His ability to identify potential multi-bagger stocks and his long-term investment approach have inspired many aspiring investors.

Conclusion

Mukul Agrawal’s journey from a young commerce graduate to a Dalal Street veteran is a testament to his vision, perseverance, and investment acumen. His success story continues to inspire many in the Indian financial markets, while his philanthropic efforts demonstrate a commitment to giving back to society. As Agrawal continues to navigate the ever-changing landscape of the stock market, his influence on India’s financial sector remains significant.