Hemant Shah, sometimes known as “The Big Bull,” is a stockbroker in India, and He is a fictional character from a film. Let’s learn more about him.

Harshad Mehta is his real name. Mehta is responsible for India’s most significant financial fraud, the 1992 scandal.

Harshad was a stockbroker from India. Because of his infamous market manipulation, he has earned the moniker “The Big Bull.”

He committed the biggest scam in 1992. He borrowed 500 crores ($1.4 billion) from the banking system to invest in Bombay Stock Exchange stocks (BSE).

Photos: Is Hemant Shah Big Bull Real?

Hemant Shah, a fictitious stockbroker, could be the central character in this film. But, on the other hand, the Big Bull is based on the life and times of stockbroker Harshad Mehta, as evidenced by the trailers.

It’s not easy to make a film about one of India’s most significant capital market scandals and tell a story about it.

The task is made even more difficult because this film was being launched just a few months after Sony Liv released a whole web series about the iconic stock market speculator.

Harshad Mehta Wikipedia

Hemant Shah, aka Harshad Mehta, has a Wikipedia page dedicated to him. His father was a minor textile businessman, and he was born into a Gujarati Jain household. He was born and raised in Borivali, where he attended Janta Public School.

When Mehta received his BSE broker’s card in 1986, he began actively trading. He traded a lot, and others put money into his company. In 1990-1991, he was also given the moniker “The Big Bull.”

Harshad’s illegal practices were exposed by a writer, Sucheta Dalal, in The Times of India on April 23, 1992. He was charged with 27 securities fraud counts when the fraud was discovered, and he was convicted of four of them.

Mehta is well-known for being a con artist and a liar. Still, many disagree, claiming that he did nothing more than exploit system flaws.

Harshad Mehta Wife: Who Was He Married To?

Harshad Mehta’s wife’s name is Jyoti Mehta. However, they didn’t say when they married or in what year.

Atur Mehta, Jyoti, and Harshad’s son were born. Atur Mehta is a trader and an investor.

Likewise, Mehta’s brother is Ashwin Mehta. He was also his business associate.