The story of Ketan Parekh net worth is one of ambition, brilliance, and controversy. Once hailed as a stock market genius, Parekh’s journey from being a successful investor to a convicted scamster has fascinated India for decades. His financial story shows how wealth, when mixed with greed and manipulation, can create both fame and downfall.
Who Is Ketan Parekh?
Ketan Parekh is a well-known Indian stockbroker and investor who gained fame in the late 1990s. He was once part of the elite circle of Mumbai’s Dalal Street, admired for his sharp trading strategies and ability to predict market trends. He was mentored by Harshad Mehta, another famous stock market figure, and carried forward his mentor’s legacy in many ways. To understand similar financial success stories, you can also explore Ruks Khandagale Net Worth, which highlights another inspiring journey of growth and recognition.
Net Worth
Ketan Parekh net worth has always been a subject of curiosity due to his complex financial history. Before the scam, he was believed to control assets worth hundreds of crores through direct and indirect holdings. However, after legal battles and market bans, his net worth significantly declined, with no official figures available today.
| Detail | Information |
|---|---|
| Peak Net Worth | Estimated ₹500+ crore (before 2001) |
| Current Net Worth (2025) | Unconfirmed, likely reduced |
| Main Source of Income | Stock trading and investments |
| Financial Loss | Due to scam and legal penalties |
| Comparison | Once among the richest brokers of his time |
How he Went Viral?
Ketan Parekh went viral after his involvement in one of India’s biggest stock market scams in the early 2000s. His bold trading strategies and the manipulation of select stocks made him a national headline overnight. Even after two decades, his name remains synonymous with the market’s most dramatic financial scandal.
| Detail | Information |
|---|---|
| Event | Stock market scam of early 2000s |
| Reason for Going Viral | Massive stock manipulation and influence |
| Public Reaction | Shock and media attention |
| Outcome | Arrest and lifetime market ban |
| Lasting Impact | Major changes in market regulations |
Influencer Reach
Before social media influencers became a trend, Ketan Parekh was an influencer in the financial world. His reach wasn’t digital but economic — his actions could move the entire stock market. During his peak, many investors followed his trades blindly, believing in his uncanny ability to predict market trends.
| Detail | Information |
|---|---|
| Type of Influence | Financial market influence |
| Peak Period | Late 1990s to early 2000s |
| Followers | Major investors and brokerage houses |
| Market Impact | Could move prices of multiple stocks |
| Influence Nature | Economic and strategic |
What he Is Doing Now?
After facing multiple legal challenges, Ketan Parekh now lives a low-profile life away from the spotlight. He is barred from trading in the stock market, as per SEBI’s restrictions. Reports suggest he may be involved in private advisory or consultancy work discreetly, but nothing is officially confirmed.
| Detail | Information |
|---|---|
| Current Status | Living privately |
| Occupation | Unconfirmed, possibly consultancy |
| Restrictions | Lifetime market trading ban |
| Public Appearances | Very rare |
| Residence | Mumbai, India |
Biography
Ketan Parekh was once a respected chartered accountant turned stockbroker. His rise from a simple family background to one of India’s most influential market players was rapid and strategic. However, his fall was equally dramatic, marking him as a cautionary tale in India’s corporate and financial world.
| Detail | Information |
|---|---|
| Full Name | Ketan Parekh |
| Profession | Chartered Accountant, Stockbroker |
| Known For | Stock Market Manipulation Case |
| Nationality | Indian |
| Recognition | Key figure in the 2001 stock market scam |
Age
As of 2025, Ketan Parekh is around 60 years old. His career in the financial world began in the 1980s, and by the late 1990s, he was considered one of the most powerful brokers on Dalal Street. His experience and age reflect his long, eventful journey through India’s economic landscape.
| Detail | Information |
|---|---|
| Date of Birth | Around 1965 (estimated) |
| Age (as of 2025) | 60 years |
| Birthplace | Mumbai, Maharashtra |
| Zodiac Sign | Unknown |
| Nationality | Indian |
Height
Ketan Parekh has always maintained a simple, modest public image. Though not much is publicly available about his physical stats, reports suggest he has an average height typical of Indian men. His personality, however, was far larger than life due to his market presence.
| Detail | Information |
|---|---|
| Height | Around 5 feet 8 inches (estimated) |
| Weight | Approximately 70 kg |
| Body Type | Average |
| Hair Color | Black |
| Eye Color | Brown |
Family
Ketan Parekh comes from a Gujarati business family that supported his career in finance. His family background helped him build connections within Mumbai’s financial network. Despite his controversial past, his family has largely stayed out of public discussions, maintaining privacy over the years. To explore another influential Indian figure and his financial background, you can also read about Nitin Gadkari Net Worth, which offers insights into the wealth and career of one of India’s prominent politicians.
| Detail | Information |
|---|---|
| Family Background | Gujarati business family |
| Father’s Profession | Businessman |
| Mother | Homemaker |
| Siblings | Not publicly known |
| Family Residence | Mumbai, India |
Relationship
There is limited information about Ketan Parekh’s personal relationships, as he has always been private about his life. It is known that he is married and has children, though they stay away from media attention. His family has supported him quietly through his ups and downs.
| Detail | Information |
|---|---|
| Marital Status | Married |
| Spouse | Name not disclosed |
| Children | Yes, but details not public |
| Relationship Status | Stable and private |
| Public Appearances | None with family |
Career
Ketan Parekh started his career as a chartered accountant before entering the stock market. He became known for investing heavily in small-cap companies, influencing their prices, and creating what was later called the “K-10 stocks.” His aggressive market manipulation tactics ultimately led to a massive financial scandal in 2001.
| Detail | Information |
|---|---|
| Early Career | Chartered Accountant |
| Profession | Stockbroker |
| Famous For | K-10 Stocks Strategy |
| Major Setback | 2001 Stock Market Scam |
| Regulatory Ban | Lifetime ban by SEBI |
Education
Ketan Parekh’s education laid the foundation for his career in finance. He studied commerce and went on to become a qualified Chartered Accountant (CA), which gave him a strong understanding of financial systems. His academic excellence contributed to his early success in the stock market.
| Detail | Information |
|---|---|
| Education Level | Graduate in Commerce |
| Professional Qualification | Chartered Accountant (CA) |
| Institution | Institute of Chartered Accountants of India |
| Skills | Finance, Investment Strategy, Risk Analysis |
| Early Interest | Stock markets and accounting |
How Ketan Changed the Indian Stock Market?
Despite his scandal, Ketan Parekh’s actions reshaped India’s financial regulations. The 2001 scam led SEBI and the Reserve Bank of India to tighten monitoring systems. It introduced stricter rules for broker funding, disclosure of shareholdings, and prevention of circular trading. His case also showed how unchecked influence can disrupt financial stability. Ketan Parekh net worth and his story are mentioned as reminders of financial greed and market control. For more insights into influencer earnings and public figures’ success, you can also explore Anjali Arora Net Worth to see how digital fame translates into financial growth.
Conclusion
The journey of Ketan Parekh net worth mirrors the volatility of the stock market itself — full of highs, lows, and unpredictability. Once worth billions, today he represents how fragile financial success can be when built on weak foundations. His life story is not just about numbers but about trust, responsibility, and the long-term value of integrity. While his net worth may never reach past glory again, Ketan Parekh’s story continues to teach new generations of investors the real meaning of financial wisdom. His name will always remind India of how ambition without ethics can turn fortune into downfall.
