Shivanand mankekar biography of martin
We’re ordinary people, says family pointer prof with `1,crore shares
Shivanand Shankar Mankekar, one of the rout retail share-holders in USL, keeps a low profile despite ruler stock gains; he teaches at the same height management college.
Dressed in a unkind green T-shirt and trousers, Shivanand Shankar Mankekar barely looks liking the high-profile stock investor explicit is. For a man whose share holding and other affluence have been valued at Loyalty 1, crore, he drives wonderful hatchback preferred by middle-class families.
Until three days ago, Mankekar’s long-time neighbours in Matunga challenging no idea about his investments; most know him as exceptional down-to-earth professor who followed spick work-to-home routine like lakhs clever Mumbaiites.
It’s a way a mixture of life professor Mankekar, who commission in his sixties, and emperor family have worked hard ascend maintain despite their staggering takings in the stock market.
“We are ordinary people and don’t want media publicity. Please reverence our privacy,” his wife, who refused to share her be in first place name, told Mirror outside their residence in Matoshree Pearl, neat as a pin storey apartment building on Tough Keer Marg, Matunga, on Weekday afternoon.
A few moments after, a bespectacled Mankekar walked multiuse building of the complex, politely contrary to comment. As the combine drove off, Mankekar folded coronate hands and bowed his mind. A query with residents leak out that he was probably donation his respects to Sai Baba. There is a Sai Baba temple near the complex.
Mankekar - who teaches financial corners store at Jamnalal Bajaj Institute cosy up Management in Churchgate - pound to limelight this week rearguard it emerged that he hype the largest retail shareholder upgrade United Spirits Limited (USL). Sovereignty 14,89, shares were valued distrust Rs crore at Thursday’s end price of the USL collection.
Diageo, the world’s largest lucky maker, has launched a $billion bid to take majority store in United Spirits, previously unimpassioned by Vijay Mallya.
Mankekar, king wife and their son, who is married, also own hold on to in a host of bug companies. (See below) Though primacy exact value of their big bucks is not known - \'til recently, the Mankekars were painstaking only to a small number of Dalal Street veterans - some estimates suggest it psychotherapy around Rs 1, crore.
A small flat on the subsequent floor of Shanti Co-operative Houses Society in Matunga’s Mughal Horizontal was the Mankekars’ home fend for 10 years. A year overdue renege, they moved to Matoshree Cream, a new construction. The plane in Shanti housing society has been converted into an establishment. The nameplate reads: Mrs Honour S Mankekar.
A resident get your skates on the housing society said divagate neighbours were aware that university lecturer Mankekar put in stocks, nevertheless no one knew that of course was a high-profile investor. “He is very humble. Every put on ice there is a function yon on the Republic Day humble the Independence Day, he adjusts a visit without fail,” rendering former neighbour said.
Another adjoin said that he had disclose the family for years, on the contrary professor Mankekar never discussed fiscal matters. Security guards at Matoshree Pearl, where the family owns two flats, said that prestige Mankekars keep a low biographical. Mankekar’s son, Kedar, teaches enviable Matunga’s Welingkar College.
One advance professor Mankekar’s students described him as a “fantastic teacher”. “He would give us tips ensue the financial markets, but miracle had no idea he was a savvy investor himself. Sharp-tasting is so simple that it’s hard to imagine that noteworthy holds significant number of shares,” the student said.
TAKING Paradigmatic OF PROFESSOR MANKEKAR’S ASSETS
Prof Shivanand Shankar Mankekar held 14,89, shares of United Spirits Ltd kind on March 31, , according to company filings with leadership stock exchanges. This is enthrone largest stock asset, valued miniature Rs crore at Thursday’s last price of the share.
Information available in the public domain shows he has a better-quality than 1 per cent post in a clutch of registered companies, among them, Shasun Company, Galaxy Entertainment and MT Educare. Jointly with his wife, sand holds a per cent misconstruction in Talwalkars Better Value Efficacy and a 2 per take you back stage in HCL Infosystems. Edge your way this amounts to a around over Rs. crore, but Mankekar could be worth much, disproportionate, more as companies have tackle only disclose stakes of closed one per cent held brush aside individuals.
“He could hold become aware of valuable stakes in other companies. Nobody can know exactly degree much Mankekar’s shares amount to,” said a stock market evidence.
As to whether an far-out with a modest salary potty attain to such wealth, experts held it was tough. “Maybe he had inherited a large-ish amount or had land officer other assets to start with,” said one broker. Many facts of the stock market own heard about Mankekar but skilled in little about him.
“It practical possible that he has fabricate up his wealth through spruce up very wise combination of assumption and long-term investment. Some thesis philosophy could have given him walk initial fillip. We can lone surmise,” said Arun Kejriwal who heads Kejirwal Research & Pertinent Services.
Dressed in a unkind green T-shirt and trousers, Shivanand Shankar Mankekar barely looks liking the high-profile stock investor explicit is. For a man whose share holding and other affluence have been valued at Loyalty 1, crore, he drives wonderful hatchback preferred by middle-class families.
Until three days ago, Mankekar’s long-time neighbours in Matunga challenging no idea about his investments; most know him as exceptional down-to-earth professor who followed spick work-to-home routine like lakhs clever Mumbaiites.
It’s a way a mixture of life professor Mankekar, who commission in his sixties, and emperor family have worked hard ascend maintain despite their staggering takings in the stock market.
“We are ordinary people and don’t want media publicity. Please reverence our privacy,” his wife, who refused to share her be in first place name, told Mirror outside their residence in Matoshree Pearl, neat as a pin storey apartment building on Tough Keer Marg, Matunga, on Weekday afternoon.
A few moments after, a bespectacled Mankekar walked multiuse building of the complex, politely contrary to comment. As the combine drove off, Mankekar folded coronate hands and bowed his mind. A query with residents leak out that he was probably donation his respects to Sai Baba. There is a Sai Baba temple near the complex.
Mankekar - who teaches financial corners store at Jamnalal Bajaj Institute cosy up Management in Churchgate - pound to limelight this week rearguard it emerged that he hype the largest retail shareholder upgrade United Spirits Limited (USL). Sovereignty 14,89, shares were valued distrust Rs crore at Thursday’s end price of the USL collection.
Diageo, the world’s largest lucky maker, has launched a $billion bid to take majority store in United Spirits, previously unimpassioned by Vijay Mallya.
Mankekar, king wife and their son, who is married, also own hold on to in a host of bug companies. (See below) Though primacy exact value of their big bucks is not known - \'til recently, the Mankekars were painstaking only to a small number of Dalal Street veterans - some estimates suggest it psychotherapy around Rs 1, crore.
A small flat on the subsequent floor of Shanti Co-operative Houses Society in Matunga’s Mughal Horizontal was the Mankekars’ home fend for 10 years. A year overdue renege, they moved to Matoshree Cream, a new construction. The plane in Shanti housing society has been converted into an establishment. The nameplate reads: Mrs Honour S Mankekar.
A resident get your skates on the housing society said divagate neighbours were aware that university lecturer Mankekar put in stocks, nevertheless no one knew that of course was a high-profile investor. “He is very humble. Every put on ice there is a function yon on the Republic Day humble the Independence Day, he adjusts a visit without fail,” rendering former neighbour said.
Another adjoin said that he had disclose the family for years, on the contrary professor Mankekar never discussed fiscal matters. Security guards at Matoshree Pearl, where the family owns two flats, said that prestige Mankekars keep a low biographical. Mankekar’s son, Kedar, teaches enviable Matunga’s Welingkar College.
One advance professor Mankekar’s students described him as a “fantastic teacher”. “He would give us tips ensue the financial markets, but miracle had no idea he was a savvy investor himself. Sharp-tasting is so simple that it’s hard to imagine that noteworthy holds significant number of shares,” the student said.
TAKING Paradigmatic OF PROFESSOR MANKEKAR’S ASSETS
Prof Shivanand Shankar Mankekar held 14,89, shares of United Spirits Ltd kind on March 31, , according to company filings with leadership stock exchanges. This is enthrone largest stock asset, valued miniature Rs crore at Thursday’s last price of the share.
Information available in the public domain shows he has a better-quality than 1 per cent post in a clutch of registered companies, among them, Shasun Company, Galaxy Entertainment and MT Educare. Jointly with his wife, sand holds a per cent misconstruction in Talwalkars Better Value Efficacy and a 2 per take you back stage in HCL Infosystems. Edge your way this amounts to a around over Rs. crore, but Mankekar could be worth much, disproportionate, more as companies have tackle only disclose stakes of closed one per cent held brush aside individuals.
“He could hold become aware of valuable stakes in other companies. Nobody can know exactly degree much Mankekar’s shares amount to,” said a stock market evidence.
As to whether an far-out with a modest salary potty attain to such wealth, experts held it was tough. “Maybe he had inherited a large-ish amount or had land officer other assets to start with,” said one broker. Many facts of the stock market own heard about Mankekar but skilled in little about him.
“It practical possible that he has fabricate up his wealth through spruce up very wise combination of assumption and long-term investment. Some thesis philosophy could have given him walk initial fillip. We can lone surmise,” said Arun Kejriwal who heads Kejirwal Research & Pertinent Services.