financetom
Business
financetom
/
Business
/
Vedanta’s Anil Agarwal shares how he became the first Indian to list a firm on LSE
News World Market Environment Technology Personal Finance Politics Retail Business Economy Cryptocurrency Forex Stocks Market Commodities
Vedanta’s Anil Agarwal shares how he became the first Indian to list a firm on LSE
Jul 12, 2022 7:54 AM

Ace industrialist Anil Agarwal, the founder-chairman of Vedanta Resources, on Tuesday took to Twitter to narrate how he became the first Indian to get his company listed on the London Stock Exchange in 2003 and the struggles that followed.

Share Market Live

NSE

Most of you know me as the first Indian to get his company listed on the London stock exchange in 2003 and here’s how it began…

Read below for the full story pic.twitter.com/duH0w7V1oo— Anil Agarwal (@AnilAgarwal_Ved) July 12, 2022

Agarwal said he decided to move to London almost "overnight". Explaining the reason, he said he wanted his company to trade at fair value after starting the metal business but family businesses were ruling the Indian markets then.

"Global companies were getting listed on the LSE and I wanted to be one of them. In fact, I dreamt of being the biggest, so, I decided to move to London," he said.

Also read: This industrialist with $3 billion net worth shares his success formula for aspiring entrepreneurs

Remembering his wife's support at this crucial juncture, he remembered that she went to their daughter Priya’s school and asked for a six-month leave because of her confidence of being back by then.

"She still arranged everything without a doubt, always my biggest support system. I did not pack much but managed to take my mother’s parathas and babuji’s shawl as a symbol of their blessings," Agarwal said.

He further recalled his experience after landing at London's Heathrow airport. "It felt like a different world, foreign people with different accents, cold and rainy weather, big white buildings. I was reminded of everyone who told me - choti chidiya bade aasmano me nahi uda karti. I felt fear after a long time."

He recalled his father's lesson to focus on the journey, and not the end.

"I did not have much when I arrived in London, but I had one thing — the belief and blessings of my margdarshak - my parents, so here I was, enjoying this new journey of life with my wife and children beside me."

Also read: Vedanta plans record rupee bond as Agarwal shores up finances

He also remembered how double-decker buses, similar to the ones in Bombay has gave him confidence. "I decided to stop doubting myself. After all, I had done it once when I came to Bombay with almost nothing. I could do it again."

First Published:Jul 12, 2022 4:54 PM IST

Comments
Welcome to financetom comments! Please keep conversations courteous and on-topic. To fosterproductive and respectful conversations, you may see comments from our Community Managers.
Sign up to post
Sort by
Show More Comments
Related Articles >
Copyright 2023-2026 - www.financetom.com All Rights Reserved