India's Richest People 2019 edition · Source: Hurun India
Rank#436- Wealth
- ₹2,000 Cr
- Company
- V-Guard Industries
2018 #451 2017 #413
MC
Mithun Chittilappilly
Active Director Managing Director DIN 00027610
Unlock full profile Investments · shareholding · contact details
Current companies 5 active board seats
Past companies 5 historical roles
Total affiliations 10 Since Nov 2002
Shareholding value •••• Premium profile
About Mithun Chittilappilly
Data last updated:
Mithun Chittilappilly is a Managing Director at V Guard Industries Limited (since 2012), Managing Director at V-Guard Consumer Products Limited (since 2021) and Director at Sunflame Enterprises Private Limited (since 2023), and holds 2 more current directorships. The companies operate in Consumer Electronics & Durables, E-Commerce and Fashion and Textile. The 5 current companies with reported revenue have a combined latest revenue of ₹7,087 Cr; the largest is V Guard Industries Limited at ₹5,989 Cr (FY 2026). Earlier, Mithun Chittilappilly was a Director at Wonderla Holidays Limited (2002–2008) and Managing Director at Veegaland Developers Limited (2007) and 3 more.
Mithun Chittilappilly was among India's richest people in 2019 at #436.
DIN 00027610
Primary Designation Managing Director
Industry Consumer Electronics & Durables
First Appointment 18 Nov 2002
Oldest Company Age 42 yrs
Largest company V Guard Industries Limited · ₹5,989 Cr (FY 2026)
Combined revenue ₹7,087 Cr across 5 companies
Recognitions & Rankings
Current companies
| Company | Designation | Appointment | Founded | Revenue | Status |
|---|---|---|---|---|---|
 V Guard Industries Limited L31200KL1996PLC010010 | Managing Director | 01 Apr 2012 | 1996 | ₹5,989 Cr (FY 2026) | Active |
| V-Guard Consumer Products Limited U31904KL2021PLC069893 | Managing Director | 19 Jul 2021 | 2021 | ₹676 Cr (FY 2025) | Active |
 Sunflame Enterprises Private Limited U74899DL1984PTC018992 | Director | 12 Jan 2023 | 1984 | ₹255 Cr (FY 2025) | Active |
 V Star Creations Private Limited U92113KL1996PTC010386 | Director | 05 May 2008 | 1996 | ₹159 Cr (FY 2025) | Active |
 V-Guard Foundation U91120KL2017NPL049817 | Director | 18 Jul 2017 | 2017 | ₹6.54 Cr (FY 2025) | Active |
Previous companies
| Company | Designation | Appointment | Founded | Revenue | Status |
|---|---|---|---|---|---|
 Wonderla Holidays Limited L55101KA2002PLC031224 | Director | 18 Nov 2002 | 2002 | ₹483 Cr (FY 2025) | Active |
 Veegaland Developers Limited U45201KL2007PLC021107 | Managing Director | 10 Aug 2007 | 2007 | ₹196 Cr (FY 2025) | Active |
| Young Presidents Organisation (Kerala Chapter) U91900KL2012NPL030408 | Director | 31 Jan 2012 | 2012 | ₹1.50 Cr (FY 2025) | Active |
| Formose Properties Private Limited U70100KL2011PTC027376 | Director | 07 Jan 2011 | 2011 | Under Liquidation | |
 Veega Holidays And Parks Private Limited U92199KL1998PTC012054 | Director | 01 Jun 2006 | 1998 | Amalgamated |
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Board colleagues of Mithun Chittilappilly
Directorship timeline
Open interactive timeline →V Guard Industries Limited
V-Guard Consumer Products Limited
Formose Properties Private Limited
Sunflame Enterprises Private Limited
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Shareholding and investment profile for Mithun Chittilappilly
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Frequently Asked Questions about Mithun Chittilappilly
Mithun Chittilappilly currently holds 5 directorships: V Guard Industries Limited (Managing Director, since 01 Apr 2012, revenue ₹5,989 Cr (FY 2026)); V-Guard Consumer Products Limited (Managing Director, since 19 Jul 2021, revenue ₹676 Cr (FY 2025)); Sunflame Enterprises Private Limited (Director, since 12 Jan 2023, revenue ₹255 Cr (FY 2025)); V Star Creations Private Limited (Director, since 05 May 2008, revenue ₹159 Cr (FY 2025)); V-Guard Foundation (Director, since 18 Jul 2017, revenue ₹6.54 Cr (FY 2025)).
Mithun Chittilappilly was first appointed on 18 Nov 2002 as Director at Wonderla Holidays Limited. The most recent appointment on record is 12 Jan 2023 at Sunflame Enterprises Private Limited.
The 5 current companies of Mithun Chittilappilly that report revenue have a combined latest revenue of ₹7,087 Cr: V Guard Industries Limited ₹5,989 Cr (FY 2026); V-Guard Consumer Products Limited ₹676 Cr (FY 2025); Sunflame Enterprises Private Limited ₹255 Cr (FY 2025); V Star Creations Private Limited ₹159 Cr (FY 2025); V-Guard Foundation ₹6.54 Cr (FY 2025).
Mithun Chittilappilly held 5 earlier board appointments: Wonderla Holidays Limited (Director, 18 Nov 2002 to 25 Apr 2008); Veegaland Developers Limited (Managing Director, 10 Aug 2007 to 05 Sep 2007); Young Presidents Organisation (Kerala Chapter) (Director, 31 Jan 2012 to 20 Jul 2020); Formose Properties Private Limited (Director, from 07 Jan 2011); Veega Holidays And Parks Private Limited (Director, from 01 Jun 2006).
The current boards of Mithun Chittilappilly's companies include Antony Sebastian Karathra (V Guard Industries Limited), Biju Varkkey (V Guard Industries Limited), George Muthoot Jacob (V Guard Industries Limited), Ishwar Subramanian (V Guard Industries Limited), Kasturi Sudarshan (V Guard Industries Limited), Ramachandran (V Guard Industries Limited), among others.