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Vijay Kedia - Portfolio, Net Worth, Stocks list, Personal Life

Table of Contents
Introduction
Vijay Kedia is among the self-made stock market billionaires in India. He is a true icon of patience, persistence, and faith. He is the proud owner of one of the most respected and sought-after investment portfolios in India, which he has built from scratch.
Apart from being a profitable investor, he is a great inspiration and educator for countless retail investors. The simplicity, discipline, and long-term rationality of his investing strategy are the prime reasons behind his transformation from a small-town trader to a wealth creator of millions.
Vijay Kedia - Early Life and Education
In Kolkata in 1959, Vijay Kedia was born to a family of stockbrokers and grew up amid the bustle of the markets. Though at the time, he had no specialised training in finance.
Vijay Kedia started to trade in the stock market at the age of 19. He had extremely limited resources and knowledge and made emotional trades; thus, he lost a lot. Yet, those lost battles became the foundation of his learning.
In his words,
“Market is the best teacher. Every loss is a tuition fee.”
Stock Market Journey of Vijay Kedia
Kedia, after years of difficulties, transitioned into investing- focusing on finding long-term winners.
In the 1990s, he found his first multi-bagger. He moved to Mumbai with a little over Rs. 35,000 on the hunt for small, undervalued companies that, with time, greatly exceeded his expectations.
One of his earliest major successes was Atul Auto, which greatly increased his wealth.
His Vijay Kedia Portfolio also included powerful names Tejas Networks, Cera Sanitaryware, Vaibhav Global, and Repro India.
His investing philosophy?
"Buy right and sit tight."
He believes the best way to create wealth is not through constant trading, but by investing in solid businesses and holding them for the long term.
Challenges Faced
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Every great investor faces challenges, and the same is true for Vijay Kedia
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Severe capital over the long run almost wiped him out in the beginning.
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Doubts and financial pressures were Sky high; there were moments he almost threw in the towel on the markets.
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He witnessed two devastating market corrections in 1992 and 2008, and saw a huge chunk of his wealth vanish, but did not budge.
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These challenges were the best lessons for him in self-control, risk assessment, and the need for a diversified portfolio.
Investment Philosophy and Portfolio Building
Vijay Kedia believes that solid and simple ideas are the most powerful, and this is best illustrated in his portfolio philosophy called SMILE.
Letter |
Meaning |
S |
Small in size |
M |
Medium in experience |
I |
Large in aspiration |
L |
Low in leverage |
E |
Extraordinary in people |
He seeks out small-cap businesses with big aspirations, ethical leadership, and great growth potential.
The Vijay Kedia Portfolio demonstrates his approach of acquiring businesses that are relatively small and less well-known and later growing into market leaders.
He has once stated, “Find businesses run by honest and passionate people - they will make you rich.”
Personal and Professional Achievements
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Multiple financial publications rank him as one of the top investors in India.
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Honours degree as a top investor in India.
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Director of investments for prominent business channels.
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Regarded as a motivational speaker in investor meets and conferences, and TEDx.
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For his investments, he has received the December issue's cover story for recognition/in Forbes India.
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Owing to his persistence and strong character, his journey is often paralleled with that of Rakesh Jhunjhunwala, India's so-called 'Warren Buffett'.
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Apart from the market, his investment journey is often compared with Rakesh Jhunjhunwala, on account of his strong character.
Vijay Kedia- Investments and Net Worth
As for 2025, they estimate Vijay Kedia Net Worth to range to Rs. 2,500 crores. This is given to the respect of his listed companies and the market value of his holdings.
His primary investments consist of:
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Tejas Networks
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Cera Sanitaryware
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Vaibhav Global
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Repro India
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Atul Auto
He still invests in potential mid and small-cap stocks, particularly in manufacturing, defence, energy, and consumer staples.
His diversified portfolio indicates that he’s not seeking hot trends, but rather constructing wealth with foresight.
Vijay Kedia Stock List
As of quarter ending September 2025, some of Vijay Kedia stocks are:
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Om Infra
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Elecon Engineering
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Atul Auto
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Global Vectra
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Mahindra Resorts
Did You Know?
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Vijay Kedia started with only Rs. 14,000 and began investing.
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Annual company reports are like novels, and he reads them for pleasure.
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He does not have external clients or funds; it’s all for himself.
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He claims to be a “Marwari Warren Buffett.”
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He states timing the market is luck, and picking a stock is a skill.
Conclusion
Vijay Kedia’s remarkable ascendance from a small-scale trader to one of India’s most highly regarded investors is a tale of perception, patience, and discipline.
He showed that, with the right knowledge and a well-founded belief, everyone can obtain financial independence, no matter their education or background.
His teachings still motivate India’s young investors to have long-term patience, remain composed in periods of market fluctuations, and believe in the exponential growth of compounding.
“In the stock market, your biggest enemy is not volatility - it’s impatience.”
DISCLAIMER: This blog is for educational purposes only. No buy or sell, or investment advice is given. Some data is subject to real-time changes and might change in the future without any prior update.
Author
Frequently Asked Questions
As per the latest corporate shareholdings filed, Kedia’s net worth in September is Rs. 1311 Cr. (Trendlyne).
Vijay Kedia characterized his long-term, research-based approach to stock market investing. He often uses the acronym SMILE, which stands for "small in size, medium in experience, large in aspiration, and extra-large market potential," to
Vijay Kedia's portfolio is worth between Rs. 1,400 - Rs. 1,500 Cr as of Jun 2025.
Yes, Vijay Kedia was born in a Marwari family in Kolkata.
Kedia was born in Kolkata and then after a few years (19+ years) came to Mumbai to try his luck in the Stock Market.