By Sakshi Sah
Published Jan 03, 2025

Hindustan Times
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7 billionaires made by India’s IPO boom in 2024

According to Bloomberg, India’s IPO boom led to the rise of seven new billionaires.

The year 2024 was a record-breaking year for IPOs, boosting several entrepreneurs to billionaire status.

Saluja, of Premier Energies, gained wealth from the success of his renewable energy firm.

Chiranjeev Singh Saluja

Doshi, of Waaree Group, soared to billionaire status by making solar modules for clean energy.

Hitech C Doshi

Aggarwal, founder of Ola Electric Mobility, joined the billionaires’ league.

Bhavish Aggarwal

ACME Group’s 54-year-old chairman, Manoj Kumar Upadhyay, is now among the world’s top billionaires.

Manoj K Upadhyaya

Satish R Mehta, founder of Emcure Pharmaceuticals, gained billionaire status.

Satish R Mehta

Kishore Chhabria, of Allied Blenders & Distillers, became a billionaire through his success in the liquor market.

Kishore Chhabria

Parakramsinh Jadeja, head of Jyoti CNC Automation, became a billionaire through his success in manufacturing.

Parakramsinh Jadeja

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