To a question he says, `I am a Sindhi who was born in Kolkata, as my dad used to sell silk saris on the street, smiling all the time with an educated wife. My father started working young at 12 and had to give up his education in Class VII to look after his siblings. He had a little tiff with his family and left everything he had to them in Kolkata and moved out when I was just two years old. We went first to Delhi but my mom didn't like it, so we came to Mumbai with literally nothing on us. He had come up working on the road and so could not work for someone.`
He started by becoming a contractor for a building in Sher-e-Punjab in Andheri East, where he also took up a one-bedroom apartment on rent where he lived. That's how he learnt basics of construction. In 1991, the union government made union territories tax free. He gave up being a contractor and bought a land in Silvassa and then figured out that making plastic moulds was easy. He went to the Tauranis at Tips and wanted to supply cassettes to them, but they were not interested as they had existing suppliers.
He then went to Hong Kong and got a mould where the name of Tips could be embossed as against stickered. He again went back to them and over time, became the only supplier to Tips. He then saw 'Shola Aur Shabnam' and 'Aankhen' and decided that he wanted to make a film with the same actor and director and contacted David Dhawan and Govinda and that is how in 1993, he started making films and from there, went on to become the No.1 producer. He then lost a lot of money in 'Om Jai Jagdish' and 'Rehnaa Hai Tere Dil Mein' in 2003. He lost `20 crore and that was his lowest best after Kolkata.