SRK’s family office co-invests $1 billion with Ashika Group and 28 other FOs.
SRK’s family office
co-invests $1 billion with Ashika Group and 28 other FOs.
News comes to light that the family office of Shah Rukh Khan (SRK) is co-investing with Ashika Group, a money manager and proprietary investment
house in Mumbai.
As per source close to the production, Shah Rukh and 28 other family offices have invested $1 billion, around $35 million on an average,
Arguably, SRK is one of the richest actors in Bollywood with net worth of $876 million, according to Esquire’s February 2025 list. Ashika’s areas of operations include stock broking, alternative investments and nascent investment banking and family office advisory.
The Jains, promoters of Ashika, charge about 1% of profit as fee from the co-invested, much less compared with prominent portfolio managers and hedge funds. Shares of the group’s listed entity, Ashika Credit Capital, on Monday closed down 0.8% at Rs 387 on the BSE.
SRK’s investment portfolio includes his Bollywood production houses – Dreamz Unlimited and Red Chillies Entertainment, IPL franchise Kolkata Knight Riders and stake in KidZania, a global indoor theme park. These aside, he has endorsed multiple brands, invested in a maze of realtors and entertainment firms.
He owns properties in Dubai, London and the US, a farmhouse in Alibaug and a mansion in Delhi, apart from his iconic sea-facing bungalow, Mannat, a Grade II-B heritage property, in Mumbai. SRK has also invested in Numi, a mobile app that provides personalised nutrition advices.
Notedly, SRK and Amitabh Bachchan recently invested over ₹10 crore each in Sri Lotus Developers, a real estate firm of producer and entrepreneur Anand Pandit. Another notable investment by SRK family office this year was $15 million in Freecharge CEO Jason Kothari’s media technology company, Mythik, along with Sakal Media Group, VC Grid, Visceral Capital, Bitkraft, Jaynti Kanani and Enam Asset Management group CEO Samir Vora.
Khan temporarily leased four floors Puja Casa, a tower in Bandra, for a 36-month term starting April 2025 as Mannat is undergoing an extensive renovation.
News Edit KV Raman
