Sameer is the founder and the chairman of Indiabulls which includes the sectors like Real Estate, Infrastructure, Housing Finance, wealth management and Securities. It is recognized as the second biggest mortgage lender in India. There are three main companies listed in the group are Indiabulls Housing Finance Limited (IBHFL), Indiabulls Real Estate Limited (IBREL) and Indiabulls Ventures Limited (IBVL). His turn over is around $2.1 Billion which has listed him in India’s top richest people’s list.
Sameer is a self-made man and the youngest billionaire. He is graduated from IIT, Delhi in the field of Mechanical Engineering. After graduation, he worked for Halliburton Company which was an American oil services company. He started the Indiabulls along with his friends SaurabhMittal and Rajiv Rattan. These three were the batch mates and have built large home loan and real estate businesses besides power and have decided to separate. The division includes Sameer with real estate, financial services, home loans and brokerage units.Saurabh Mittal and Rajiv Rattan manage the power generation and EPC businesses.All the group companies are independently listed on the Bombay Stock Exchange and the National Stock Exchange. It is also listed in Luxembourg stock exchange. Presently he owns properties in London’s Mayfair area. He is looking forward to develop luxury apartments.
Philanthropic activities by Indiabulls
Sameer started the social activities on the name of his company Indiabulls. This was set up in the year 2010. The company focused on initiatives of the identified areas of Health, Education, Sanitation, Nutrition, Disaster Relief and Sustainable Livelihoods.
For health care system it started the SwasthyaKalyanVahika in which it providesprimary and preventive health care for almost more than 2 lakh people with 7Mobile medical vans every year. Free sanitary napkins were provided to promote hygiene and sanitation amongst rural women. This has benefited about 10,000 underprivileged rural women. The company also supplied nutrition supplements for more than 5000 underprivileged and malnourished individuals such as children and women. This has helped the rural children to grow their health, weight and height.
The company introduced Cleft deformity surgery across 6 states along with the partnership of Smile Train which is an international children charity. In terms of education it had set up E-Learning with authorized computer centers for IT education in the rural.Basically the company had a tie-up with Maharashtra Knowledge Corporation Ltd.Indiabulls introduced several scholarships for meritorious and well deserved students to pursue their higher education after their intermediate. He adopted anashram school in Raigad district and enhanced many ways for quality education.
Awards for Indiabulls
In 2008, the company was conferred with the status of a Business Superbrand by The Brand Council in India.
In 2014, it was awarded the Presidential Award for the Fastest Growing Company by NAREDCO.
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