Post Updated: Friday, October 30, 2026
Shikhar Agrawal is one of Rajasthan’s senior-most IAS officers and has drawn significant public attention in recent months. A 1993-batch officer of the Rajasthan cadre, he is known for holding key industrial and investment-related portfolios. Questions about his family’s property holdings have recently intensified, making many people search for clear information on his assets and reported net worth.
Exact personal net worth figures for serving IAS officers are not publicly declared in a single “net worth” statement. What is available comes from official Immovable Property Returns (IPR) and media reports based on those disclosures and registration records.
Table of Contents
Who Is Shikhar Agrawal?
Shikhar Agrawal was born on 9 July 1970 in Kanpur, Uttar Pradesh. He earned a B.Tech in Civil Engineering from IIT Kanpur before clearing the UPSC Civil Services Examination and joining the IAS in the 1993 batch.
He has held several important posts in Rajasthan, including district collector assignments and senior roles in forests, environment, urban development, and industries. Until late October 2026 he served as Additional Chief Secretary handling Industries, MSMEs, state enterprises, the Delhi-Mumbai Industrial Corridor, and investment promotion. He also chaired RIICO and related bodies.
His wife, Prashakha Mathur, is a 1995-batch IPS officer of the Rajasthan cadre.
Reported Assets and Income from Properties
According to disclosures reported in early 2026, Shikhar Agrawal’s declared immovable assets were valued at approximately ₹11.56 crore. These included plots, farmhouses, and other properties in Jaipur, Udaipur, and Alwar. Property-related annual income was reported around ₹88 lakh at that time, placing him among the higher asset-holding senior officers in the state.
Key points from public reports include:
- Earlier IPR filings listed multiple properties held jointly or individually.
- Sources of funds were stated as personal savings, wife’s savings, and proceeds from earlier property sales.
- He has maintained that purchases were disclosed in property returns and tax filings.
The 2026 Property Controversy and Current Status
In late October 2026, media reports highlighted that Agrawal, his wife, their two sons, and other family members purchased 40 villas and cottages (20 in Bujhda, Udaipur, and 20 in Ajabgarh, Alwar) from a single company over roughly two-and-a-half years. The combined reported purchase value was about ₹6.16 crore. The same properties were then leased back to the seller, generating an estimated contractual annual rental income of ₹1.80 crore.
Following these reports, the Rajasthan government placed him on Awaiting Posting Orders (APO) on administrative grounds and relieved him of his key portfolios. No formal disciplinary findings have been publicly detailed at the time of writing.
Quick Snapshot of Key Information
Detail Information Full Name Shikhar Agrawal (also Agarwal) Batch & Cadre 1993, Rajasthan Date of Birth 9 July 1970 Education B.Tech (Civil), IIT Kanpur Spouse Prashakha Mathur (IPS, 1995 batch) Earlier Reported Assets Approx. ₹11.56 crore (2026 disclosures) Recent Property Transactions 40 villas/cottages, ~₹6.16 crore Reported Annual Lease Income Up to ~₹1.80 crore (contractual) Current Status (Oct 2026) On Awaiting Posting Orders (APO)
Conclusion
Shikhar Agrawal’s reported assets place him among the more affluent senior IAS officers in Rajasthan, primarily through real-estate holdings accumulated over a long career. The recent transactions involving 40 resort properties have raised public and administrative scrutiny, leading to his placement on APO. As with all serving officers, the complete and final picture of assets rests with official disclosures and any ongoing reviews by the government.
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