Founder of two publicly traded companies - Ravi Jaipuria is India's 18th richest person

Ravi Jaipuria has a net worth of USD 7 billion or Rs 55,892 crore

According to Forbes, Ravi Jaipuria is the 333rd richest person in the world and the 18th in India. He was worth USD 7 billion, or Rs 55,892 crore, as of August 23.

He is the chairman of RJ Corp and is known as the "Cola King" of India. He is the founder of two publicly traded companies, Varun Beverages Ltd and Devyani International. Varun Beverages is named after Jaipuria's son, and Devyani International is named after his daughter. 

He started working for his family's Coca-Cola bottle manufacturing company in 1985. After the family business was divided in 1987, he received one bottling plant as his share which he partnered with PepsiCo. 

Varun Beverages Ltd is the second largest PepsiCo franchisee in the world and the largest in India. Under PepsiCo trademarks, the company produces and sells a wide range of carbonated soft drinks, non-carbonated beverages, and packaged water. 

Pepsi, Seven-up, Mirinda Orange, Mountain Dew, Tropicana Juices, and many other PepsiCo brands are manufactured and distributed by the company.  

Varun Beverages' ROE and ROCE as of the June quarter's end are 18.6 per cent and 17.4 per cent, respectively. It trades at a TTM PE of 56.86x and has a market capitalisation of Rs 59693.61 crore.

On August 23, at 12:48 pm, the stock is trading at Rs 952.45. The scrip has a 52-week high and low of Rs 1083.60 and Rs 533.73, respectively. 

Devyani International Ltd is the largest franchisee of 'Yum' Brands in India and one of the country's largest quick service restaurant chains. In India, it operates brands such as KFC, Pizza Hut, and Costa Coffee. 

The company's ROE and ROCE are 42.8 per cent and 16 per cent, respectively, as of the end of the June quarter. It currently has a market capitalisation of Rs 23618.86 crore and a TTM PE of 98.16x. 

On August 23, at 12:48 pm, the stock is trading at Rs 185.5. The scrip has a 52-week high and low of Rs 215 and Rs 107.7, respectively.