Billionaire Profile
Shivratan Agarwal
Global Rank
#2784

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Shivratan Agarwal

CEO, Indian snacks
INDIA
Real-Time Net Worth
$1.274B
Estimated based on Indian snacks stock value as of March 6, 2026
-2.97% (24h)
Age
74
Source
Indian snacks
Industry
Food & Beverage
Citizenship
INDIA

Biography

Shivratan Agarwal, a prominent figure in the Indian food industry, is the founder and chairman of Bikaji Foods International. His entrepreneurial journey began in 1986 with Shivdeep Products, later evolving into the renowned Bikaji brand in 1993. Despite limited formal education, Agarwal leveraged his inherent business acumen and experience in the snack industry, stemming from his family's connection to the iconic Haldiram brand, to build a multi-crore company. His focus on innovation, particularly in introducing advanced technology for bhujia production, propelled Bikaji to become a leading producer of Indian snacks and sweets, rivaling global giants. His current net worth is $1.4 Billion, and he continues to lead Bikaji Foods, embodying a story of perseverance and vision.

Fact Checked
Verified by Editorial Team
Live Data
Updated 3/6/2026

Wealth Over Time

In-Depth Profile

Early Life

Shivratan Agarwal was born in Bikaner, Rajasthan, into a family with deep roots in the snack-making industry. His grandfather, Gangabhisan Agarwal, founded Haldiram, a brand synonymous with Indian snacks and sweets. Shivratan's father, Moolchand Agarwal, continued the family's legacy.

Rise to Success

Shivratan, after studying only up to the 8th grade, began his career in the family business, mastering the art of bhujia-making. In the late 1980s, he decided to forge his path. In 1986, he founded Shivdeep Products, and later in 1993, he rebranded the company as Bikaji, drawing inspiration from Bikaner's founder, Bika Rao. He introduced cutting-edge technology for mass production. Bikaji's success is attributed to his visionary leadership and strategic acumen, leading to a market capitalization of ₹13,430 crore.

Key Business Strategies

Agarwal's key strategies included pioneering the use of technology in snack production and creating consumer-friendly packaging. His innovative approach helped Bikaji expand its product offerings, including bhujia, namkeen, papad, and packaged sweets, and gain a strong foothold in the international market.

Philanthropy

While specific details on Shivratan Agarwal's philanthropic initiatives are not readily available in the search results, his business acumen and leadership have made a significant impact. This entrepreneurial journey emphasizes the importance of innovation, and vision in building a successful brand.

Career Milestones

1986

Founded Shivdeep Products

Started a snack-making business, the precursor to Bikaji Foods International.

1993

Launched Bikaji Brand

Rebranded the company as Bikaji, drawing inspiration from Bikaner's founder Bika Rao.

2022

Bikaji Foods IPO

Bikaji Foods International was listed on the stock market.

Philanthropy & Social Impact

Not Available

Not Available

Undisclosed

Philanthropic details not found in search results.

Business Philosophy & Leadership

Notable Quotes

"Not Available"

Leadership Principles

Lead by Example

Showing people how to do a good job rather than simply telling them what to do.

Recognize Uncertainty and Adapt

Preparing for uncertainty by taking a fresh look at business and team, anticipating and mitigating risk, and creating contingency plans for overcoming obstacles.

Controversies & Challenges

Not Available

Not Available

No specific controversies found in the search results.