"From Rags to Riches: The Journey of Vijay Kedia"
Biography of Vijay Kedia
Dreams & Motto
“Buy like a bull, sit like a bear and watch like an eagle”
is one of Vijay Kedia’s guiding principles in investing. He believes big dreams
are only the start consistent effort,
self-belief, perseverance, and strong will turn dreams into reality. Kedia’s
own journey shows how someone hit hard, even to the point his family made
sacrifices, can rise to become one of India’s respected investors.
Facing Regret & Learning
Regret is part of investing, as Kedia often says: whether
you sell too early and see the price climb, or hold on and watch it fall both are painful. The trick is accepting that
one type of regret may be less painful for you, and living with it. He sees
this as part of being a mature investor.
Early Life & Responsibilities
Born into a Marwari family in Kolkata, Kedia had exposure to
the stock market early because his family was in broking and trading. He
completed his B.Com in Kolkata. Although he had dreams of joining the Indian
Army when younger, life pushed him in another direction. After his father
passed away when Kedia was about 19, he took up familial responsibilities and
stepped into the family’s broking business.
Early Ups & Downs in Trading
Kedia started trading significantly in his early years experiencing both success and steep losses.
Early profits would often be wiped out by one bad trade. One of his toughest
moments was losing a large portion of his gains, which led his mother to sell
her jewelry. He also attempted a business supplying garden tea material in
Kolkata, but that didn't work out, pushing him to re-evaluate his path.
The Shift: From Trading to Long-Term Investing
Around 1989, Kedia decided to give up trading for
good and focus on investing. He moved to Mumbai to explore better
opportunities. After studying articles about when to buy/sell stocks, he saw
potential in sectors like tractors and autos. For example, he invested in
Punjab Tractors, buying when it seemed undervalued, and later made huge gains.
Similarly, ACC Cement was another early big success during the bull run era.
Journey/ Biography of Vijay Kedia: ACE Investor/Trader/Net worth/Age/Option Trader/Long Term Investor/Portfolio/Strategies/Vijay Kedia story/Investor
Philosophy & Multibaggers
Over time, Kedia developed a disciplined investment
strategy. He realized that holding long term typically 5 years or more is
critical. He prefers small-cap or mid-cap stocks where potential growth is
high, but he does very thorough fundamental analysis. Some of his stocks became
multibaggers: Atul Auto, Cera Sanitaryware, Tejas Networks are among those
cited in recent years. He also uses a framework called SMILE when
choosing stocks:
- Small
in size
- Medium
in experience
- Large
in aspiration
- Extra-large
in market potential
Recent Portfolio & Performance Updates
- As
of mid-2025, Kedia’s publicly disclosed portfolio holds ~₹1,200–₹1,600
crore value in equities.
- Several
of his small/mid-cap holdings have seen sharp gains. For example, Om
Infra rallied ~271% in 2023.
- However,
some positions have also taken heavy hits. Atul Auto, Precision Camshafts,
Tejas Networks among others are down significantly in 2025 (drops of
20-50% in some cases).
- A
recent move: he acquired ~₹11 crore worth of stake in Eimco Elecon
(India) via a bulk deal.
- Another update: he appears to have exited or cut his position in Tejas Networks. He had held ~1.02% earlier; as of the June 2025 quarter, his name is missing in public filings, indicating exit or drop below disclosure thresholds.
Key Rules & Investing Lessons
- Avoid
relying on tips without doing your own analysis. Having conviction in a
stock comes from your own research.
- Be
long-term. Many of his multibaggers took years to mature.
- Don’t
invest money you can’t afford to lose. Avoid using debt or loans for
investing — it adds risk.
- Manage
expenses, stay humble, stay learning. Learning from mistakes is critical.
- Use
frameworks like SMILE to focus choices: companies should be small, have
capable management (experience), aspire for big growth, and operate in
high potential markets.
Recognition & Influence
- Kedia
is well-known both in retail investor circles and among institutional
investors. His ideas are followed widely.
- Forbes,
Economic Times and others have profiled his portfolio, performance, and
style as a model for value + growth investing.
- He
gives talks, shares his experiences openly, often speaking about the
importance of patience, discipline, and identifying opportunity in adverse
situations.
Outlook: Where He Stands Now
Today, Vijay Kedia remains actively managing and tweaking his portfolio. He continues to look for undervalued small/mid-caps, buying on dips, and exits when performance or fundamentals demand. The market volatility has tested even veteran investors; some holdings have suffered, but his diversified approach and long-term mindset have helped him weather corrections. Recent gains in some small caps, and his exit from Tejas with large profit, show his ability to sense shifts and act.
