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Porinju Veliyath Age, Wife, Children, Family, Biography & More

Porinju Veliyath Age, Wife, Children, Family, Biography & More

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Hometown: Thrissur, Kerala

Wife: Litty Porinju Veliyath

Age: 62 Years

Bio/Wiki
Other name Francis check sources
DNA
Profession(s) Businessman, Fund Manager, and Investor
Known for Being a fund manager and stock market investor with the ability to pick small-capital company stocks having strong business potential
Physical Stats & More
Height (approx.) in centimeters**- 177 cm**
in meters**- 1.77 m**
in feet & inches**- 5’ 10”**
Eye Colour Black
Hair Colour Black
Career
Portfolio In April 2023, Porinju's portfolio was valued at Rs. 120 crores. According to a stock market website, this is an increase of more than 2000% in under 8 years. In December 2015, his portfolio only totaled Rs 5.87 crores. check sources
Trendlyne
Personal Life
Date of Birth 6 June 1962 (Wednesday)
Age (as of 2024) 62 Years
Birthplace Chalakudy, Thrissur, Kerala, India
Zodiac sign Gemini
Nationality Indian
Hometown Chalakudy, Thrissur, Kerala, India
College/University Government Law College, Ernakulam, Kerala
Educational Qualification L.L.B. at Government Law College, Ernakulam check sources
Porinju's LinkedIn Account
Hobbies Travelling, Reading, and Writing books
Relationships & More
Marital Status Married
Family
Wife/Spouse Litty Porinju Veliyath
Children Son- 2
• Sunny Porinju


• Joshua Porinju


Daughter- Shilpa Porinju
Parents Names Not Known
Style Quotient
Car Collection Jeep Grand Cherokee



Toyota Land Prado



Mercedes Benz E-Class
Money Factor
Net Worth (approx.) Rs. 130.1 crores check sources
Business Today

Some Lesser Known Facts About Porinju Veliyath

  • Porinju Veliyath is an Indian businessman, fund manager, and stock market investor. In his fund management company, Equity Intelligence India Private Limited, he manages his portfolio as well as the portfolios of his clients. In 2017, the Economic Times referred to him as a “small-cap czar.” He obtained knowledge in the financial market by working in various occupations such as fund manager and research analyst.

  • According to Veliyath, he belongs to a lower-middle-class family in Chalakudy village, near Kochi, Kerala. His family experienced a lot of financial problems when he was 16 years old. To pay off obligations, they had to lose their house. He then started working as a teenager after realising that he needed to take charge of his family.

  • Porinju then started working as an accountant with a remuneration of Rs. 1,000 monthly. Later, he worked as a phone operator with a Rs. 2,500 salary. Once, in a media conversation with a leading newspaper, he talked about his teenage struggle. Porinju Veliyath said,

    I had to start working right from my teens…It was not easy. We were homeless when I started working.”

  • In 1990, Porinju Veliyath worked as a floor trader for Kotak Securities, which was his first employment in the stock market. In 1994, he relocated to Mumbai and adopted the name Francis, which is the English translation of his name. He then joined Parag Parikh Securities, where he worked as a research analyst and fund manager from 1994 to 1999.

    A Young Porinju Veliyath with his son

  • In 2002, Porinju made the decision to return to his native state, Kerala, since he felt disappointed in some way with life in Mumbai. In 2002, in Kochi, he started his own fund management business, Equity Intelligence India Private Limited. In September 2021, his personal portfolio grew to Rs. 213.11 crores.

    The logo of Equity Intelligence India Private Limited, Kerala

  • He serves as a director for Arya Vaidya Pharmacy, which together with Hindustan Unilever Limited (HUL) developed the “Lever Ayush” line of Ayurvedic personal care products.

  • Porinju Veliyath is well-known for his investments in small-cap companies. However, he also includes shares of some large-cap and blue-chip companies in his portfolio such as Reliance Industries.

  • In 2008, Porinju Veliyath published a book titled Ohariyiloode Engane Nettam Koyyam (In English: Complete step-by-step guide to share market and investing) – 2008 under Dhanam Publications.

    The cover of the book Ohariyiloode Engane Nettam Koyyam (2008)

  • On Twitter, Porinju Veliyath actively shares his opinions on current events and value investing. He has over 1,000,000 followers on Twitter. Reportedly, he predicted and tweeted in 2016 that Reliance Industries and Jio may turn optimistic.

Newbies and options trading! pic.twitter.com/qO7F7AYcIm

— Porinju Veliyath (@porinju) June 16, 2023

  • According to him, he is inspired by the stock market investing strategies and skills of Udah Kotak and Radhakrishan Damani.

  • In 2017, Porinju Veliyath made the headlines when he married off his son at the sub-registrar office. According to some media reports, the only cost he incurred was for two computers for the registrar’s office because he chose not to have an extravagant wedding ceremony. Soon after the wedding of his son, he tweeted the picture of the newlywed couple along with a caption. Porinju Veliyath wrote,

    My son, @sunnyporinju just got married today; the sub-registrar has requested for couple of computers for office – the only wedding expense. I posted the picture from the registrar’s office itself. It was just a casual mention. I don’t want to give too much importance to it.”

  • Porinju Veliyath’s portfolio proliferated between 2013 and 2018 because of his investment in multi-baggers during the bull market in stocks.

  • In his leisure time, Porinju Veliyath likes travelling to distant places.

No Switzerland can beat our own Kashmir! pic.twitter.com/VkhX8AzKV6

— Porinju Veliyath (@porinju) April 6, 2023

References/Sources

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