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Raamdeo Agrawal Biography: Age, Career, Family and More

F4U Editorial Desk • Updated October 1, 2026 • 6 min read

Quick Info

Date of birth5 April 1957

Age66 Years (as of 2022)

BirthplaceRaipur, Chhattisgarh

ProfessionBusinessman, Chartered Accountant, Stock Market Investor, Co‑founder and Chairman of Motilal Oswal Financial Services Limited (MOFSL)

NationalityIndian

Marital statusMarried

SpouseSunita Agarwal

FamilySon - Vaibhav Agarwal; Father - Ramgopal Agarawal; Five brothers; Two sisters; Mother - Name not known;

Raamdeo Agrawal Biography

Raamdeo Agrawal is an Indian chartered accountant, investor and co‑founder and chairman of Motilal Oswal Financial Services Limited. Known for a long-term,

Early life and background

Raamdeo Agrawal was born on 5 April 1957 in Raipur, in what is now Chhattisgarh. He grew up in a middle‑class Marwari family with roots in Rajasthan. Agrawal later moved to Mumbai, which he identifies as his hometown, and completed a Bachelor of Commerce followed by the chartered accountancy qualification from the Institute of Chartered Accountants of India in 1983.

Career

Agrawal began his career in the stock market in the late 1980s. In 1987 he started working as a sub‑broker on the Bombay Stock Exchange, learning the mechanics of trading under the open outcry system. That same year he and Motilal Oswal established a small stock sub‑broking firm that would eventually grow into Motilal Oswal Financial Services Limited (MOFSL).

The firm built its capital in the early years by reinvesting earnings and purchasing BSE membership. The business expanded from sub‑broking into a diversified financial services group offering securities, commodities, investment banking, asset management and venture capital services. By the mid‑2010s MOFSL was generating substantial revenues and profits and Agrawal retained a significant holding in the group.

As an investor, Agrawal champions a long‑term, value‑oriented approach. He created the QGLP framework—Quality, Growth, Longevity and Price—and promotes a ‘‘Buy Right, Sit Tight’’ philosophy. He has authored the annual Motilal Oswal Wealth Creation Study since 1996 and has been active in shaping the firm’s research capability. Agrawal served as chairman of the group and has also chaired Motilal Oswal Asset Management Company (MOAMC), one of India’s rapidly growing asset managers.

Agrawal credits mentors and classic investment literature for shaping his approach. He regards Warren Buffett as an influence and has attended Berkshire Hathaway shareholders’ meetings since 1995. He also studied works by Philip Fisher, Benjamin Graham and others, and cites Chandrakant Sampat as an influence on his understanding of compounding.

Public profile

A chartered accountant by training, Agrawal has served on industry bodies, including the National Committee on Capital Markets of the Confederation of Indian Industry. He has written several books on corporate finance and investing, including Corporate Numbers Game (co‑authored in 1986), The Art of Wealth Creation and Wealth Creation Thoughts. He has appeared in media profiles and specialist business programming.

Across his career Agrawal has been recognized for financial probity; he received the Rashtriya Samman Patra from the Central Board of Direct Taxes for consistent integrity in tax payments over a multi‑year period in the 1990s.

Personal life

Agrawal is married to Sunita Agarwal. The couple have a son, Vaibhav Agarwal, who has worked as a fund manager at Motilal Oswal Asset Management and founded Teji Mandi. Raamdeo’s father is named Ramgopal Agarawal; his mother’s name is not listed in the available information. He has five brothers and two sisters, several of whom are named in public records.

Notable episodes

Early in his investment journey Agrawal used family capital to build his first stock portfolio, a formative experience that helped him develop practical market knowledge. One of his most widely noted investments was a purchase of Hero MotoCorp (then Hero Honda) shares in 1995; he held the position for two decades and benefited from significant dividend income before selling in 2015.

In 2005 the family experienced a traumatic incident when Vaibhav was abducted while preparing for entrance examinations; after a police operation he was rescued and released following a ransom payment.

Latest updates

In 2021 Raamdeo Agrawal, his wife Sunita and son Vaibhav jointly purchased a sea‑facing duplex apartment in the Samudra Mahal building in Worli, Mumbai.

Physical profile

Publicly available profiles list Agrawal’s height as approximately 173 cm (5 ft 8 in) with black hair and black eyes.
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Recent Work

Motilal Oswal Wealth Creation Study

Annual study authored since 1996 documenting long‑term investment case studies and wealth creation across Indian companies.

1996–present
Books: Corporate Numbers Game; The Art of Wealth Creation; Wealth Creation Thoughts

Authored works on corporate finance and investing; Corporate Numbers Game was co‑authored in 1986.

1986–present
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Career Highlights

  1. Co‑founder and Chairman of Motilal Oswal Financial Services Limited
  2. Creator of the QGLP investment framework and proponent of a "Buy Right, Sit Tight" philosophy
  3. Author of the annual Motilal Oswal Wealth Creation Study since 1996
  4. Recipient of the Rashtriya Samman Patra for consistent tax integrity in the 1990s
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Frequently Asked Questions

When was Raamdeo Agrawal born?

5 April 1957

What is Raamdeo Agrawal known for?

Businessman, Chartered Accountant, Stock Market Investor, Co‑founder and Chairman of Motilal Oswal Financial Services Limited (MOFSL)

What is Raamdeo Agrawal’s marital status?

Married

Who is Raamdeo Agrawal married to?

Sunita Agarwal