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From Rs 2,000 To Thousands Of Crores, The Spectacular Rise And Fall Of Subrata Roy

From Rs 2,000 To Thousands Of Crores, The Spectacular Rise And Fall Of Subrata Roy

NDTV
Wednesday, November 15, 2023 11:39:50 AM UTC

At one point, two Sahara firms had more investors than all stock exchanges combined.

His was a story that can sound like an urban legend, but Subrata Roy literally made it large, drop by drop.

What he started with a borrowed capital of just Rs 2,000 in 1978, kept growing for over three decades and became a corpus of tens of thousands of crores with contributions as low as Rs 10-20 each from investors, but then it started crumbling down, brick by brick.

Roy, who died in Mumbai on Tuesday after a prolonged illness at the age of 75, continued to make it large, even while battling it out in courts and before regulators.

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