November 08, 2011 / 11:26 IST
By: Cuckoo Paul/Forbes India
Ajay Kalsi's maverick streak has helped his company Indus Gas strike it rich
Ajay Kalsi49
Profile: Founder and chief executive of London-listed oil and gas outfit Indus Gas
Rank: 38
Wealth: USD 1.39 billion
Did you know?He is building a new wave pool for his daughter who is fond of swimming. The pool is about the size of four Olympic pools
Ajay Kalsi of Indus Gas is known in Indian oil and gas circles as a maverick with passion. The story of his neighbours in a tiny locality off NH8 in Delhi, waking up to see a huge oil rig parked in his backyard has by now been retold several times to much mirth. He used his farmhouse to keep the oil equipment for several months, giving the neighbours a lot to mull about. The new entrant to our India Rich List is known for his non-conformist ways.
Kalsi truly hit the big league in January this year, when he raised Rs. 1,164 crore by selling about 30 percent of his stake in Indus Gas to investors on the London Stock Exchange
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