Top 7 Billionaires Created By India’s IPO Boom in 2024

Top 7 Billionaires Created By India’s IPO Boom in 2024

MC Desk | January 3, 2025

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Investors bullish on govt’s investments in solar energy have bid up Premier shares nearly threefold since their debut in September, valuing it at roughly $7 billion, according to Bloomberg report.

Chiranjeev Singh Saluja of Premier Energies

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Image: Canva

The company has reached a market valuation of $3.1 billion. Its founder, Satish R Mehta, now holds a net worth of $2.3 billion, reported CNBC-TV18.

Satish R Mehta of Emcure Pharmaceuticals

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Image: Canva

Acme Solar Holdings has a market value of $1.9 billion. Manoj Kumar Upadhyay and his family now possess a fortune of $1.6 billion, reported CNBC-TV18.

Manoj K Upadhyaya of Acme Solar Holdings Ltd..

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Image: Canva

The company, valued at $3.5 billion, has elevated his net worth to $1.6 billion, reported CNBC-TV18.

Parakramsinh Jadeja of Jyoti CNC Automation

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Image: Canva

With a market value of $1.3 billion, the net worth of Kishore Chhabria and his family now stands at $1 billion, reported CNBC-TV18.

Kishore Chhabria of Allied Blenders & Distillers

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Image: Canva

The company’s total market cap has reached Rs 36,504.03 crore post listing of shares on the bourses. Bhavish has emerged as a billionaire with a net worth of $2.8 billion, reported CNBC-TV18.

Bhavish Aggarwal of Ola Electric Mobility

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Image: Canva

Waaree Energies has a market valuation of Rs 81,021.04 crore. Net worth of Hitesh C Doshi and his family, has soared to $7.1 billion, according to CNBC-TV18.

Hitech C Doshi of the Waaree Group

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Image: Canva

Moneycontrol advises users to check with certified experts before taking any investment decisions.

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