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Billionaire investor Rakesh Jhunjhunwala is amongst the most well-known and respected faces of India’s booming stock markets. Rakesh has perhaps the largest following amongst retail investors, and all his stock picks are taken seriously by astute as well as first time investors.

A trader par excellence, Rakesh is equally at home taking long term positions as well as short term calls. An eternal bull on the country’s growth prospects, Rakesh also leads from the front when it comes to charity. The entire proceeds of this auction will go to Children’s Movement for Civic Action.

Opportunity :

Besides individuals, there are several others who could look to make the most of this opportunity to have lunch with Mr. Rakesh Jhunjhunwala-

Corporates, FIIs, Retail Investors, Traders can use this opportunity to interact and get an insight into how Rakesh Jhunjhunwala’s mind works when he looks at making an investment.
The lunch will be arranged at a five star hotel in Mumbai. Date will be fixed mutually between Mr. Rakesh Jhunjhunwala and the winner, who can invite up to 9 other people for the lunch. The cost of the meal will be funded by an associate of Mr. Rakesh Jhunjhunwala or he himself. The same will not be deducted from the proceeds of the charity.
The duration of the lunch will be 3 hours and parts of the lunch will be televised on ET NOW.

Note, however, that any commercial exploitation of the opportunity in terms of schemes by the winning bidder is not allowed.

Venue:

A suitable 5 Star Hotel in Mumbai.

Date :

To be decided mutually between Mr. Rakesh Jhunjhunwala and the winner subject to Mr. Rakesh Jhunjhunwala's availability. At least 30 days’ prior notice will be provided to ensure that the winning bidder can make adequate arrangements.

Payment Terms :

The highest bidder shall place a deposit of 100% of the bid amount with eBay as soon as the bid is won. Upon realization of the amount, and after verification of eligibility, s/he will be declared the winning bidder. The funds shall be disbursed to Mr Rakesh Jhunjhunwala’s chosen charity, as soon as the lunch is completed. Payment can be made using Cheque or Demand Draft only.

Arrangements :

The lunch will be arranged at a five star hotel in Mumbai.
The cost of the meal will be funded by an associate of Mr. Rakesh Jhunjhunwala or he himself. The same will not be deducted from the proceeds of the charity.
The winning bidder can bring along upto 9 more guests for this luncheon.
The duration of the lunch will be 3 hours and parts of the lunch will be televised on ET NOW.
Travel arrangements undertaken by the winning bidder and the bidder’s invitees shall be arranged & paid for by the winning bidder.

Restrictions :

The lunch will be provided on a “non-commercial basis”. The winning bidder may not extract any revenues out of “packaging” or reselling the rights, be it participation or media rights or any other rights, or sponsorship. Any such activities will need prior approval of Mr. Rakesh Jhunjhunwala and funds raised from such activities shall have to be passed on 100% to his chosen charity.

The winning bidder can choose the participant(s). However, s/he cannot assign the lunch to any other party for financial/commercial consideration, nor can s/he sell individual slots in the lunch separately. No commercial activity like customer schemes, etc. can be run.

To Bid, Please click here . Bidding ends by 2nd Nov, 2010, 12.00 IST