aatur harshad mehtaaatur harshad mehta

I am sure that you might not have heard about Aatur Harshad Mehta. But, Aatur is the one who has made a lasting impact on the whole Indian financial markets. Let me tell you that he was born in a Jain Family in Mumbai. His father ran a business of import and export. Yes, he is also one of the few people, who is too popular due to his father.

Moreover, Aatur is a well-known personality in India. Thousands of people search for him around the world. Remember, he is the son of the Indian businessman and investor Mr. Harshad Mehta. Thus, in this biography article, let us know all the necessary details about him below.

Biography of Aatur Harshad Mehta

Again, Aatur Harshad Mehta is a name that resonates with both admiration and controversy. He was born in 1960. Later, he began his career as a small-time jobber in the Bombay Stock Exchange.

Moreover, his keen understanding of the market dynamics propelled him into the limelight. Aatur is also the founder and chief technology officer of Square Off. In the early stage, he was born and brought up among his family cousins, and loved ones.Yes, he was raised in a Gujarati family and did his schooling at a private school situated in his hometown.

Physical Appearances of Aatur Mehta

Guys, as per in-depth research, Mehta has not given any sort of interview about his physical appearance. So, there is not much information available on the internet related to this section. But, as per some reports, we have covered the basic appearances of Aatur Mehta in the below paragraph.

The height of Aatur Mehta is about 5 feet 8 inches. Also, his body weighs around 68 kilograms. Aatur’s eye and hair color is black.

Aatur Harshad Mehta Age

Aatur Harshad Mehta Age as of 2024, he is 43 years old. Jyoti Mehta is his mother’s name and as everyone knows his father is Harshad Mehta.

Early Life of Aatur Harshad Mehta

Unfortunately, there is no proper information about Aatur’s schooling. But, yes, he went to study at Jai Hind College where he did a master’s in economics and finance. Later, this laid the foundation for his career as a financier.

Moreover, his keen understanding of the markets allowed him to swing deals with ease. Guys, his life was really tough after his father was sentenced to jail. Within five years, his father died due to complex health conditions.

As per online proofs, Aatur was 21 years old when his father died. And yes, this was the reason to preserve his privacy for some time.

Professional Career of Aatur Harshad Mehta

  • As mentioned above, Aatur was born into a small business Gujarati family. He was born and grew up in Mumbai among his close ones. Later, he developed an interest in finance and economics. So, he decided to study commerce at the Xavier Institute of Management and Research in Mumbai. There he obtained a degree in banking and finance.
  • Starting his professional career journey as a stockbroker. Soon, he rose his popularity in the Indian stock market. Moreover, he became famous for using loopholes in the system to manipulate the stock prices of some companies. Remember, all those companies are listed on the Bombay Stock Exchange (BSE).
  • Make sure that all his activities caused a huge surge in activity on the markets. Yes, this led to what came to be known as India’s Harshad Mehta scam. Also, at one point, he held nearly 7% of all capitalization on the BSE.
  • Aatur is also the one who earned millions from his activities that enabled him to lead a luxurious life. As per all his accounts, he was said to have assets worth over $200 million. This was the figure before being investigated by authorities for alleged financial wrongdoing. But, as it was going to happen, his wealth decreased drastically. This was the time when authorities forced him to repay some money that he had allegedly obtained illegally.
  • Mehta’s rise was meteoric. Also, his understanding of the market and ability to manipulate stock prices earned him the nickname ‘Big Bull’. Many strategies often involve the manipulation of a stock market index. This attracted attention and followers from all over the country.

Personal Life of Aatur Harshad Mehta

Again, we are sorry but there is not much information about the personal life of Aatur. Our team members promise to update this section as soon as possible. Aatur had already claimed that he would not share his personal life with the media limelight. Aatur is also the one who is not interested in making his personal life, public.

As per online reports, he has two sons- Ashwin and Bhavin Mehta. Both of them are successful entrepreneurs. Moreover, Aatur has no sister or brother as his siblings. He is the sole child of Harshad and Jyoti Mehta. Also, the name of Aatur’s wife is Malavika Jagdish Toprani. She is considered to be a business partner in his company Myriad Business Advisor LLP.

Remember, Aatur is grateful for living an unsocial life and never shares anything on social media.

Aatur Harshad Mehta Net Worth

Guys, we understand that you are curious to know the net worth of Aatur Harshad Mehta. But, let me tell you that there is not much information on the internet about his net worth. As per some statements, Aatur Harshad Mehta Net Worth is expected to be around 6 crores INR. This is because he is the founder and chief technology officer of Square Off.

What was the Scam 1992 of Harshad Mehta?

Everyone knows that Harshad Mehta has done a big scam by using his techniques. This is something that includes keeping corrupted officials signed fake cheques, using fake data, and using market loopholes. Yes, this was done to drive the stock prices up to 40 times their real value.

Various stock traders who gained profit with the scheme were capable of having unsecured loans from banks underhanded. Remember, the scam was the biggest money market scam ever committed in India. This amounted to approximately 5000 Crores INR. Here, the main perpetrator of the scam was a stock and money market broker Harshad Mehta.

Moreover, this was a systematic stock scam using fake bank receipts and stamp paper. After some time, this caused the Indian stock market to crash very badly. Later, the scam was exposed to inherent loopholes in the Indian financial systems.

After some time, this is something that resulted in a completely reformed system. Moreover, this also included an introduction to online security systems.

What were some Legal Battles fought by Harshad Mehta?

This is important to know that Mehta’s financial machinations did not go unnoticed. There were legal actions that were initiated and yes, Mehta found himself entangled in a web of litigation. In 1992, his arrest marked the beginning of a prolonged legal battle. Ultimately, this step led to his imprisonment.

Moreover, there are also some repercussions of Aatur Harshad Mehta’s actions. The whole scam exposed vulnerabilities in the financial regulatory framework. Yes, this led to many reforms among each other.

Also, the Indian Financial system underwent significant changes to prevent such large-scale manipulations in the future. Here, the whole story serves as a cautionary tale for investors, regulators, and the financial community. Meanwhile, the importance of robust regulatory frameworks, transparency, and ethical practices cannot be overstated.

Additional Information and Lessons Learned From Aatur Harshad Mehta

  • Make sure that Aatur Harshad Mehta was an Indian stockbroker. He is a self-made financial magnate. Aatur is also the one who brought about a major shift in the dynamics of trading and investing in the country.
  • As already mentioned above, Aatur’s early life was full of hardships and yes, he struggled for a very long time to make ends meet. Besides all these obstacles, he still managed to make something out of himself. Then, Aatur became very determined and started working hard.
  • Let me tell you that after dabbling in selling insurance policies, he found success in the stock market as a stockbroker. Also, his knowledge of securities trading proved invaluable. This enabled him to generate massive returns from small investments.
  • Hence, Aatur Harshad Mehta‚Äôs legacy shows the significance of some ethical practices, investor awareness, and more. This is something that serves as a reminder of unchecked greed and market manipulation. Yes, it can have severe consequences for individuals and the financial system.
  • Guys, here, need to make sure that Aatur Harshad Mehta’s legacy is very complex. It is encompassing both financial prowess and ethical transgressions. For every one of us, his story will always remain a critical chapter in the history of the Indian financial markets. This is something that prompted lasting changes by offering valuable lessons. These lessons are for those who are navigating the complexities of the financial world. Also, until the death of Harshad Mehta, he helped shape India’s steady economic growth over the next decade.

Some Unknown Facts About Aatur Harshad Mehta

Not one, but there are many unknown facts about Aatur Harshad Mehta that you should know. We have listed some points below for you to refer the same.

  1. In the city of Lights, Mumbai, Aatur took birth to the Gujarati Jain Family.
  2. Yes, he is the founder and the CTO of Square Off and a popular investor and entrepreneur.
  3. Together, his mother and Aatur launched the famous web series, Scam in 1992. This was based on the life of Harshad Mehta.
  4. Some people misunderstand that Atur Mehta, the CTO and Founder of Square Off is the real Atur Mehta. Don’t worry, guys, the media is also confused about the real story of Aatur. Be patient, till there are some claims made on this controversy.

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By Kuldeep rawat

I am a passionate writer and a student who is building his career in engineering. Hello everyone! Myself is Kuldeep Rawat and i write in multiple domains such as technology, entertainment, sports, etc.

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