Who Is Porinju Veliyath?

Porinju Veliyath is one of the most renowned investor and fund manager of the recent times in Indian stock market. He manages his own portfolio and runs a portfolio management firm ‘Equity Intelligence‘. He has been called a small-cap czar by The Economic Times.

Early Life

Porinju Veliyath was born in a lower-middle-class family in Chalakudy village, Thrissur district of the Kerala State in India in 1962.

He started working at a very young age of 16 because of the bad financial condition of his family. They have to even sell their house during that time to pay off their debts. Soon, Veliyath shifted to Ernakulam, Kerala’s biggest city, to hunt for a job to support his family and also fund his education.

He joined Ernakulam Telephone Exchange where he was getting Rs. 2,500. Porinju continued his study along with his job and completed his study in Law. After receiving a degree, he began seeking a better job. However, he was unable to find the right job for a few months. Subsequently, he moved to Mumbai in the year 1990.

Porinju Veliyath’s Stock Market Journey

Porinju started his career in Mumbai as a floor trader with Kotak Securities in 1990, Later he joined Parag Parikh Securities in 1994 where he worked as research analyst and fund manager till 1999. However, he was quite unhappy with Mumbai life and finally moved to Kochi is 1999.

He then started making investments on his own for the wealth creation and finally started his portfolio management firm ‘Equity Intelligence’ in 2002.

Investment Philosophy

‘Keep it simple’ is his investment mantra. He doesn’t have any hard and fast rules while picking stocks. He is very flexible and open to any ideas which could create wealth, including unconventional ideas. He says that SEBI guidelines are the only ‘rule I follow while picking stocks’.

Purinju says “Size doesn’t matter in Value Investing! It’s all about Price and Value. I don’t care about the size of the company even if the ‘Value’ is significantly higher than the price”. He added “Everyone knows the price; understanding ‘Value’ is name of the game! Every successful investor has evolved a unique style of estimating the value and picking stocks. It is very difficult to explain the process.”

Who is Purinju’s Investment Guru?

“I don’t believe much in Gurus, Gods & Prophets – learning has no limits and it is a continuous process. It is better to keep your eyes and ears open because there are wonderful people around you.” Purinju said

He has been inspired by many personalities (friends & associates) like Uday Kotak, Chandrakant Sampat, Radhakishan Damani, and C J George.

Personal Life

Porinju Veliyath is married to Litty Porinju and has two kids Shilpa Porinju and Sunny Porinju. He enjoys farming and spend 2-3 days in a week at the farm. Apart from that, he loves traveling too.

Porinju Veliyath Social Media Presence

Porinju is active on twitter and handler is @porinju. The account has 1.17 million followers. He shares his political opinions, investment related ideas on his account. If you are stock market enthusiast, you should definitely follow the account.

Portfolio Holdings