Ranjan resides in the sleepy town of Bankura in where his father
owned a large farmland in the 2014. His father's premature death in early 2015
left the two children to lead different paths in their lives. They sold the
land and divided the amount of Rs.4, 80, 000 equally among themselves. Ranjan,
being the elder with a sister, was married for two years and had a year old son.
On parting with his sister, he was tangled and devoid of any idea, he should
choose for himself as all his life he had worked on the fields.
In early 2010, Ranjan’s father set up the company's first plant
there to manufacture tyres, rubber and wheels of a car. It was then called Torque
of Eastern India Ltd. and were listed on the stock exchange soon after. Over
the years, many residents of Bengal worked at the plant and several residents
were shareholders of the company. Afterwards, Ranjan became Chairperson of the
company.
As Ranjan sat near a teashop, a young stockbroker from Medinipur
stopped to ask a question. That person had come to buy as many shares as he
could on behalf of some clients. The person asked whether he knew anyone there
who owns shares in that factory by pointing to the plant. Ranjan replied that
the owners of the factory stay in Kolkata. In short the person explained
Ranjan, how owning a share could make one a part owner in the company. This
made him curious and the interaction continued for 30 more minutes. Ranjan
helped the person to go door to door to collect shares from willing sellers in
very small town and bought 150 shares of Rs.200 face value, thus investing
Rs.15, 000. The rest, he invested in starting a trading business.
This was a small
story as it transcended to something gigantic now with thousands of shares. The
person at teashop was an advisor from MoneyMindz,
the free financial advisory service in India. The company went onto become
of the largest wheel manufacturer in the country.
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