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Who is Swapna Roy? Wiki, Age, Kids, Family, Net Worth & Facts About Subrata Roys Wife

Swapna Roy (born b/w 1949-1951, Age: 72-74 years old) is the wife of Subrata Roy, the founder and chairman of Sahara India Pariwar, one of the largest conglomerates in India. She is also the deputy managing worker of the group, overseeing the personnel and welfare activities. Here are some facts about Roy and her life with Subrata Roy.

Early Life and Education

Swapna Roy was born in a Bengali Hindu family in Kolkata, West Bengal. She completed her schooling at Holy Child Institute in Kolkata and later graduated from Loreto College, a women’s college affiliated with the University of Calcutta.

She met Subrata Roy when they were both students and got married in 1974. Her exact age is not known. According to an estimate, Swapna is around 72-74 years old (as of 2023).

Career and Achievements

Roy has been actively involved in the Sahara group since its inception in 1978. She has been instrumental in shaping the group’s vision, values, and culture. She is also the chief patron of Sahara Welfare Foundation, the social welfare arm of the group, which runs various initiatives in the fields of education, health, sports, culture, and environment.

Swapna has received several awards and honors for her contribution to the Sahara group and society. Some of them are:

  • Bharat Gaurav Award by the Indian International Friendship Society in 2003.
  • Mother Teresa Excellence Award by the Integrated Council for Socio-Economic Progress in 2004.
  • Mahila Shiromani Award by the National Integration and Economic Council in 2005.
  • Rajiv Gandhi Excellence Award by the All India National Unity Conference in 2006.
  • Indira Gandhi Priyadarshini Award by the All India National Unity Conference in 2007.

Swapna Roy Wiki/Bio

NameSwapna Roy
Birth Date1949-1951
Age72-74 years old (as of 2023)
Birth PlaceKolkata, West Bengal, India
NationalityIndian
EducationPh.D. in Electrical Engineering from Jadavpur University
SpouseSubrata Roy
ChildrenSushanto Roy, and Seemanto Roy
HobbiesCricket, teaching, media
Instagramswapnaroy
Homepagenewsunzip.com

Husband & Children

Swapna Roy and Subrata Roy have two sons, Sushanto Roy, and Seemanto Roy, who are also the joint managing workers of the Sahara group. They also have four grandchildren, Sushri Shraddha Roy, Sushri Roy, Shri Sushant Roy, and Shri Seemant Roy.

Swapna is known for her simplicity, humility, and devotion to her husband and family. She is also a spiritual person who follows the teachings of the Vedas and the Bhagavad Gita. She is an avid reader and enjoys listening to classical music.

Swapna Roy’s Role in Sahara India Pariwar

Roy has been a pillar of support for Subrata Roy and his business ventures. She has been instrumental in shaping the culture and values of Sahara India Pariwar, which is known for its employee-centric and social welfare-oriented approach.

She has been actively involved in the group’s various initiatives, such as Sahara Welfare Foundation, Sahara Hospital, Sahara Education Society, Sahara Arts and Culture Foundation, and Sahara Sports Foundation. She has also been a patron of various social causes, such as women empowerment, child education, health care, and environmental protection.

Net Worth and Assets

Roy’s net worth is not publicly known, but it is estimated to be in the billions of rupees, as she owns a significant stake in the Sahara group, which has diversified businesses in finance, real estate, media, entertainment, hospitality, and sports.

The group also owns several properties across India and abroad, such as the Aamby Valley City near Pune, the Sahara Star Hotel in Mumbai, the Grosvenor House Hotel in London, and the Plaza Hotel, and the Dream Downtown Hotel in New York.

Controversies and Legal Issues

Swapna Roy has faced several controversies and legal issues along with her husband and sons, due to the allegations of financial irregularities and fraud by the Sahara group. Some of them are:

  • In 2012, the Securities and Exchange Board of India (SEBI) ordered the Sahara group to refund over Rs. 24,000 crore to the investors of two of its companies, Sahara India Real Estate Corporation Limited (SIRECL) and Sahara Housing Investment Corporation Limited (SHICL), which had raised money from the public through optionally fully convertible debentures (OFCDs) without complying with the regulatory norms.
  • In 2014, the Supreme Court of India upheld the SEBI order and sent Subrata Roy and two other directors of the Sahara group to jail for contempt of court, as they failed to deposit the money with the regulator. Swapna and her sons were also named as respondents in the case and were asked to submit their passports and bank details to the court.
  • In 2017, the Enforcement Directorate (ED) registered a case against Roy, Subrata Roy, and their sons under the Prevention of Money Laundering Act (PMLA), for allegedly laundering money through various shell companies and overseas entities. The ED also attached several properties of the Sahara group worth over Rs. 1,000 crore in connection with the case.
  • In 2019, the Income Tax Department issued notices to Swapna, Subrata Roy, and their sons, seeking details of their income and assets for the assessment year 2012-13. The notices were based on the information received from the ED, which had found evidence of undisclosed income and foreign assets of the Sahara group.

Subrata Roy, the maverick founder of Sahara Group, passes away in Mumbai

Subrata Roy, the founder and chairman of Sahara India Pariwar, one of the largest and most diversified conglomerates in India, died on November 13, 2023, at the age of 75. He succumbed to a cardiorespiratory arrest following a prolonged battle with complications arising from metastatic malignancy, hypertension, and diabetes. He breathed his last at the Breach Candy Hospital in Mumbai, where he was undergoing treatment for the past few months.

A rags-to-riches story

Subrata Roy was born on June 10, 1948, in Araria, Bihar, to a Bengali Hindu family. His parents, Sudhir Chandra Roy and Chhabi Roy, were from a wealthy landlord family in Dhaka, Bikrampur, East Bengal (now Bangladesh). He studied at Holy Child Institute in Kolkata and later obtained a diploma in mechanical engineering from Government Technical Institute, Gorakhpur.

He started his first business in Gorakhpur in 1976, when he joined Sahara Finance, a struggling company that ran a chit fund. He took over the company and changed its financial model in 1978. He adopted the model of Peerless Group, a much older company that accepted deposits of very low amounts from the masses. He moved to Lucknow in the 1990s, which became the base of his group.

From there, he went on to create a business empire that spanned various sectors such as finance, real estate, media, entertainment, sports, tourism, healthcare, hospitality, education, and more. He named his group Sahara India Pariwar, meaning Sahara India Family, and called himself the “managing worker” and the “chief guardian” of the family. He claimed to have a workforce of around 1.2 million people, making it the second-largest employer in India after Indian Railways. He also claimed to have over 6.1 crore depositors and 1,707 establishments across the country.

Achievements and Awards

Swapna Roy has been recognized and honored for her contributions to the business and social sectors. She has received several awards and accolades, such as:

  • Udyam Shree Award (1994) for her entrepreneurial excellence
  • Karmaveer Samman (1995) for her social service
  • National Citizen Award (2001) for her outstanding achievements
  • The Best Industrialist Award (2002) for her leadership and vision
  • Global Leadership Award (2004) for her international influence and impact
  • ITA – TV Icon of the Year (2007) for her media and entertainment ventures
  • Vocational Award for Excellence (2010) by Rotary International for her professional ethics and values
  • Business Icon of the Year Award (2011) by Power brands Hall of Fame Awards in London for her brand-building and innovation
  • Honorary Doctorate in Business Leadership (2013) by the University of East London for her academic and business excellence
  • Honorary Degree of D. Litt. by Lalit Narayan Mithila University, Darbhanga for her educational and cultural endeavors

Roy is a remarkable woman who has achieved success in both the business and social spheres. She is an inspiration for many women and entrepreneurs who aspire to make a difference in the world. She is a loyal partner, a caring mother, a generous benefactor, and a visionary leader. She is the epitome of grace, dignity, and resilience.

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