Ajay Kalsi is an Indian businessman and founder/CEO of London-listed oil and gas company Indus Gas. He has a net worth of $2 billion from diversified businesses including oil/gas, commodities, real estate, and BPO. Kalsi graduated from LSE and Cambridge, and built Indus Gas through heavy investment in developing oil/gas blocks in India while overseeing London financial operations. He maintains a low profile while leading Indus Gas' continued growth in India and abroad.

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Date: 13th
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Ajay Kalsi
Founder, chief executive of London-listed oil and gas outfit
Indus Gas
Ajay Kalsi is the first generation businessman, who is educated in London in reputed
institutes like LSE and Cambridge. He has a net worth of around US$2 billion, as per
the information published by Forbes. As far as his ranking in India is concerned, he's
the 28th richest businessman and at the same time, he ranks at 704th position among
the leading billionaires of the world. (As per 2014 statistics)
Brief Profile-
Ajay Kalsi has graduated from London School of Economics. He has also studied at Cambridge University
and received his M Phil degree in economics from there. He has business in his genes, as he belongs to a
family of shoemakers, originally from Kanpur city in India. At present, he has a diversified portfolio of
businesses ranging from oil and gas, commodity trading, foot wear premium brands, real estate and BPO.
In the past couple years, he's been actively expanding his oil and gas business and his two out of four
oilfields are based near Pakistan border.
Career
Ajay Kalsi is all of 49 at present, and runs Indus Gas, which is mainly into oil and gas and is listed on the London
stock market.The Indian arm of Indus Gas is known as Focus Energy; earlier it was also known as Phoenix Overseas.
He's also the founder of Indus Gas, and is its acting CEO at present. He's also the Executive Director in the company's
board. He has recently sold off a lot of his shares in the company reducing his stake by less than 66%. He also has
some stake in the Reebok's Indian division. He's also the head of Focus Energy Limited and has been working as the
Executive Director of Indus Gas from 2008.
He's a nonconformist by nature and passionate for his businesses. He comes from very humble background as he used
to live in a small colony on the NH8 in New Delhi. Recently, he sold off his 30% shares in Indus Gas to the external
investors in the stock market of the London and rose around Rs.1200 crore from it. It helped him enter the club of the
richest people in the world. However, the combined stake of Ajay Kalsi and his wife is still around 70% in this
company.
Kalsi used to be a shy businessman earlier, who preferred to stay away from the public glare, but after selling his 30%
stake in Indus Gas, he came into the limelight. The valuation of Indus Gas was increased further, when new gas
reserves were discovered in its field in Jaisalmer. So, after Cairn India, the Scottish company, Indus Gas has also been
successful in capitalizing in the field of energy in the state of Rajasthan. The increased production of gas was supplied
to Rajasthan State Electricity Board, quickly after the discovery. More oil wells are being drilled to produce gas
through hydro-fracturing.
Awards
Kalsi has briefly worked as the director of Phoenix International Limited. He is an influential businessman and
an active member of the World Economic Forum. He has achieved many awards, including the title of the
“Global Leader of Tomorrow”.
Leadership
Ajay Kalsi is busy in India, as well as London in developing the capabilities of Indus Gas. On one hand, he is
investing heavily in the development and exploration of the oil and gas blocks in India and on the other hand, he
is supervising the financial operations of the company in London. He's a multifaceted personality. In India,
people know him as the CEO, the manager, owner and geologist all packed into one personality. He prefers to
maintain a low profile and is hardly seen in public or in media glare.