Sameer Gehlaut & family
#1758

Sameer Gehlaut & family

India 52 years old Self-Made

Overview

Source of Wealth
finance
Residence
Mumbai
Education
Indiana Institute of Technology (Bachelor of Arts/Science)
Marital Status
Married
Children
2

Assets

  • Indiabulls Housing Finance Ltd.
    92,000,000 shares @ -
    -
    535789-IN
  • Indiabulls Real Estate
    106,000,000 shares @ -
    -
    532832-IN
  • Indiabulls Securities Limited
    223,600,000 shares @ -
    -
    532960-IN
  • SORIL Holdings & Ventures
    38,600,000 shares @ -
    -
    533520-IN

Biography

Sameer Gehlaut's Indiabulls Housing Finance is India's second biggest mortgage lender.

An engineer from India's elite Indian Institute of Technology, Delhi, Gehlaut started online brokerage Indiabulls with two college pals in 1999.

Gehlaut took the company public in 2004 and moved into real estate scooping up prized land in Mumbai in public auctions.

Gehlaut is building a Mandarin Oriental hotel in London's Mayfair area.

About

Steel tycoon Lakshmi Mittal and hedge fund Farallon Capital were early investors in Indiabulls.

New Zealand billionaire Richard Chandler's investment firm has a 10% stake in Gehlaut's Indiabulls Pharmaceuticals, a contract manufacturer of generics.