Mahendra Nahata

Businessman

Indian Kolkata, West Bengal, India

Quick Info

ProfessionBusinessman
NationalityIndian
Date of Birth20/08/1959
Age66 years
BirthplaceKolkata, West Bengal, India

Latest News about Mahendra Nahata

07/07/2026

Mahendra Nahata, the founder of HFCL, is projected to see his ₹48 crore investment in Jio Platforms grow to approximately ₹5,800 crore following the company's proposed IPO. The Nahata family, including his son Anant and daughter Priyanka, acquired a 0.54% stake in Jio Platforms in July 2020 at ₹10 per share through the conversion of Compulsorily Convertible Debentures, marking one of the most remarkable investment gains in India's telecom sector.

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Bio/Wiki

Full NameMahendra Kumar Nahata
Known forBeing the Founder and Managing Director of the HFCL (Himachal Futuristic Communications Limited), a telecommunications company

Physical Stats & More

Eye ColourBlack
Hair ColourSalt & Pepper

Educational Qualification(s)

College/UniversitySt. Xavier's College, Kolkata, India
Educational QualificationB.Com. (Hons.) degree from St. Xavier's College, Kolkata (1979)

Personal Life

ReligionHinduism
Food HabitNon-vegetarian

Relationships & More

Marital StatusMarried

Family

Wife/SpouseManju Nahata
Children
  • Anant Nahata (businessman)
  • Priyanka Nahata

Career

HonourTelecom Man of the Millennium (2003) by Voice & Data
Net Worth$611 million (approximately Rs. 5,800 crore) (as of 2026)
Key AchievementAcquired a 0.54% stake in Jio Platforms in July 2020 for ₹48 crore, which is projected to grow to approximately ₹5,800 crore following Jio's proposed IPO, representing a return of nearly 121 times the original investment

Favourites

Hobbies
  • Travelling
  • Reading fiction books
  • Watching Hindi films
Favourite ActorGovinda

Some Lesser Known Facts

1. Joined his family business in Kolkata after completing formal education.
2. Worked in the family business for eight years and learned business management techniques.
3. One of the first people in India to introduce mechanised marble mining.
4. Co-founded Himachal Futuristic Communications Limited (HFCL) in 1987.
5. Led HFCL to develop and supply micro radios to the Indian Department of Telecommunications.
6. His family was originally in the tea business in West Bengal before he transitioned to telecommunications
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