Skip to main content
TRIS logo image
Search275,000+ actors, artists, objects, artworks, films, exhibitions, archives

EN

EN

English

HI

Hindi

EN

EN

English

HI

Hindi

Tuli Research Centre for India Studies

Tuli Research Centre for India Studies

Vision

Manifesto

Archive & Library

Vanraja Sanctuary & Hospice

Home

Research Categories

Browse All

ICore

1_CinemaEducation_Cinema as a Critical Educational Resource

2_FineArts_Modern and Contemporary Indian Fine Arts

3_Photography_Photography in India

4_PopCulture_The Printed Image, Popular Arts, and Crafts

IIMaterial

5_ArcHeritage_India's Architectural Heritage as Inspiration

6_EconomicsArt_Economics of Art & Cultural Industry

7_Travel_Automobile, Transport and Travel Heritage

8_Uncertainty_Uncertainty

IIICritical

9_SocialDuty_Social Responsibility of the Creative Mind

10_Childhood_The Changing Smile of Childhood & Its Second Coming

11_Sensuality_The Sensual Discipline within Creativity

12_Scholarship_The History & Historiography of Scholarship in the Arts, Humanities, and Social Sciences

IVMeaningful

13_SeekJustice_Seeking Justice and Political Integrity

14_IndoWorld_India and her Relationship with the World

15_SpiritualPoetics_The Religious-Spiritual-Poetic-Philosophical Framework

16_Continuum_The Animal-Human-Nature Continuum

Explore

All

Posts

Masterlists

Calendar

Live | Upcoming

All Events

Timetable

Search275,000+ actors, artists, objects, artworks, films, exhibitions, archives

EN

EN

English

HI

Hindi

Raqib Shaw

Raqib Shaw

b. 1974, Kolkata, West Bengal, Indiad. n.d.

Personality.Artist
On this Page
Introduction
Chronicled Highlights6
Economics of Art10
Research Centre28
All28
Library16Archive12
Home/2_FineArts/Personality · Artist/Raqib Shaw
Raqib Shaw — featured artwork

Introduction

Date of Birth
1974
Place of Birth
Kolkata, West Bengal, India
State Country of Birth
West Bengal, India

Chronicled Highlights 62006 – 2023

Raqib Shaw was born in 1974 in Kolkata, West Bengal, India.
2006
Public Auction HighPainting
Asta Guru · Present FutureOnline · 11 February 2022
In 2022, the artist achieved a new high in the auction market with the sale of Henry VIII (2006), offered in the Present Future by Asta Guru, which concluded on 11 February 2022 at Online, achieving a sale price of ₹88,74,458 ($117,769.92). This record marked a defining moment in the artist's market history, reflecting both the significance of the artwork and its reception within the broader art world.
Shaw, Raqib (Artist). Henry VIII, 2006 | Painting
Selling price
INR88,74,458
48% above high estimate
Estimate
INR 40,00,000 – 60,00,000
Rate per sq in
INR 2,892
Medium
Acrylic, glitter, enamel, rhinestones & mixed media on paper
Dimensions
68.5 × 44.8 in (174 × 114 cm)
Lot
115 · AG.Onl/11.02.22
2007
Public Auction HighPainting
Sotheby's · Contemporary Art: Day AuctionLondon · 27 June 2013
In 2013, the artist achieved a new high in the auction market with the sale of Untitled (2007), offered in the Contemporary Art: Day Auction by Sotheby's, which concluded on 27 June 2013 at London, achieving a sale price of ₹13,93,767 ($23,004). This record marked a defining moment in the artist's market history, reflecting both the significance of the artwork and its reception within the broader art world.
Shaw, Raqib (Artist). Untitled, 2007 | Painting
Selling price
INR13,93,767
Within estimate
Estimate
INR 11,15,014 – 16,72,520
Rate per sq in
INR 3,664
Medium
Acrylic, lacquer, glitter and rhinestones on paper
Dimensions
16.4 × 23.2 in (42 × 59 cm)
Lot
343 · So.Lon/27.06.13
2007
Public Auction HighPainting
Sotheby's · Modern and Contemporary South Asian ArtLondon · 18 October 2016
In 2016, the artist achieved a new high in the auction market with the sale of Death, Beauty and Justice III (2007), offered in the Modern and Contemporary South Asian Art by Sotheby's, which concluded on 18 October 2016 at London, achieving a sale price of ₹40,85,680 ($61,230). This record marked a defining moment in the artist's market history, reflecting both the significance of the artwork and its reception within the broader art world.
Shaw, Raqib (Artist). Death, Beauty and Justice III, 2007 | Painting
Selling price
INR40,85,680
Within estimate
Estimate
INR 24,51,408 – 40,85,680
Rate per sq in
INR 4,303
Medium
Industrial paint, crystal and glitter on thick paper
Dimensions
32.3 × 29.4 in (82 × 75 cm)
Signature
S/d 'Raqib Shaw 2007' l.r.
Lot
78 · So.Lon/18.10.16
2010
Image 1/2
First Auction Appearance | BOOK.AUCPainting
Sotheby's · Indian and Southeast Asian Art: Including Property from The Francisco Capelo CollectionNew York · 24 March 2010
On 24 March 2010, made their debut in the Indian public auction market when Umrao Jan' The Last Dance was presented as Lot in Indian and Southeast Asian Art: Including Property from The Francisco Capelo Collection, conducted by Sotheby's in New York, USA. This auction marked the artist's first recorded appearance in the public auction market, establishing the earliest chapter of their auction history.
Shaw, Raqib (Artist). Umrao Jan' The Last Dance, 1998 | Painting
Selling price
INR11,40,750
25% above high estimate
Estimate
INR 6,83,400 – 9,11,200
Rate per sq in
INR 928
Medium
Acrylic and oil on board
Dimensions
41.3 × 29.7 in (105 × 76 cm)
Lot
182 · So.NeY/24.03.10
2014
Public Auction HighPainting
Asta Guru · Present FutureOnline · 16 February 2023
In 2023, the artist achieved a new high in the auction market with the sale of Fall of the Jade Kingdom II - Paradise Lost II (2014), offered in the Present Future by Asta Guru, which concluded on 16 February 2023 at Online, achieving a sale price of ₹2,56,55,424 ($310,442.76). This record marked a defining moment in the artist's market history, reflecting both the significance of the artwork and its reception within the broader art world.
Shaw, Raqib (Artist). Fall of the Jade Kingdom II - Paradise Lost II, 2014 | Painting
Selling price
INR2,56,55,424
28% above high estimate
Estimate
INR 1,50,00,000 – 2,00,00,000
Rate per sq in
INR 11,878
Medium
Oil, acrylic , glitter, enamel & rhinestones on birchwood
Dimensions
36 × 60 in (91 × 152 cm)
Lot
90 · AG.Onl/16.02.23
Research Categories
02Modern and Contemporary Indian Fine Arts
2023
Featured on Auction Catalogue Cover | AG.Onl/16.02.23Auction Catalogue
Asta Guru · Present FutureMumbai · 16 February 2023
In 2023, an artwork by Raqib Shaw was featured on the cover of Asta Guru: Present Future (February 2023, Mumbai), marking a documented highlight in the artist's public and auction market visibility.
Asta Guru (Auction House). Present Future. 16 February 2023 | Auction Catalogue
Lots offered
119
Lots sold
112 · 94%
Lot
AG.Onl/16.02.23
Research Categories3
06Economics of Art & Cultural Industry02Modern and Contemporary Indian Fine Arts14India and her Relationship with the World

Economics of Art

Currency
This section showcases auction lots that achieved record-high sale prices, tracked by the date each record was set based on the artist's historical auction data.

Record-high lots5

Public Auction Market (1987–2026) | Select Indicators

  1. Annual Auction Sale Turnover
  2. Average Sale Price Per Lot
  3. Square Inch Rate Trend
Currency

Annual Auction Sale Turnover

This indicator tracks the Total Annual Auction Sales value of Raqib Shaw’s artworks, beginning in 1987 through to the present.
It aggregates all sales across global auction houses into yearly totals.

Analysis reflected in the chart:
The turnover graph highlights periods of strong growth, moments of market correction, and resilience during downturns. Peaks often align with landmark works coming to public auction, while troughs may indicate reduced supply or weaker demand. Over time, the curve illustrates the overall trajectory of Raqib Shaw’s public auction market presence.

Average Sale Price Per Lot

This measure calculates the Average Sale Price of all lots by Raqib Shaw sold each year.
It smooths out fluctuations caused by the quantity of works offered and focuses on the Average Sale Price level per artwork.

Analysis reflected in the chart:
Rising average sale prices indicate growing collector confidence and a stronger willingness to pay higher amounts per work. Assuming the mix of mediums remains relatively stable over time, the proportion of works on paper typically priced lower than works on canvas adds important context to understanding these market movements.

Square Inch Rate Trend

The Square Inch Rate normalizes prices by the size of each artwork, showing the average sale value per square inch over time.
This allows fair comparisons between smaller works and larger canvases.

Analysis reflected in the chart:
The Square Inch Rate shown in the graph combines various medium types such as canvas, paper, board, and others. Historically, works on canvas and board have broadly commanded higher prices compared to works on paper.

Research Centre

Raqib Shaw (Artist), Umrao Jan' The Last Dance, 1998, Painting
Shaw, Raqib (Artist). Umrao Jan' The Last Dance, 1998 | Painting
Raqib Shaw (Artist), Untitled, 2001, Painting
Shaw, Raqib (Artist). Untitled, 2001 | Painting
Raqib Shaw (Artist), Untitled, 2003, Painting
Shaw, Raqib (Artist). Untitled, 2003 | Painting
Raqib Shaw (Artist), Untitled, 2006, Painting
Shaw, Raqib (Artist). Untitled, 2006 | Painting
Raqib Shaw (Artist), Untitled , 2006, Painting
Shaw, Raqib (Artist). Untitled , 2006 | Painting
Raqib Shaw (Artist), Henry VIII, 2006, Painting
Shaw, Raqib (Artist). Henry VIII, 2006 | Painting
Raqib Shaw (Artist), Untitled, 2007, Painting
Shaw, Raqib (Artist). Untitled, 2007 | Painting
Raqib Shaw (Artist), Death, Beauty and Justice III, 2007, Painting
Shaw, Raqib (Artist). Death, Beauty and Justice III, 2007 | Painting
Raqib Shaw (Artist), Untitled, 2007, Painting
Shaw, Raqib (Artist). Untitled, 2007 | Painting
Raqib Shaw (Artist), Untitled, 2007, Painting
Shaw, Raqib (Artist). Untitled, 2007 | Painting
Raqib Shaw (Artist), Death, Beauty and Justice IV, 2007, Painting
Shaw, Raqib (Artist). Death, Beauty and Justice IV, 2007 | Painting
Sotheby's (Auction House), Contemporary Art, 2008, Auction Catalogue
Sotheby's (Auction House). Contemporary Art. 02 July 2008 | Auction Catalogue | 00862004
Riddhi Doshi (Reporter), The Colour of Money, 2008, Newspaper Clipping
Doshi, Riddhi (Reporter). The Colour of Money, 28 May 2008 | Newspaper Clipping | 00849959
Saffronart (Auction House), Modern and Contemporary Indian Art, 2009, Auction Catalogue
Saffronart (Auction House). Modern and Contemporary Indian Art. 10 December 2009 | Auction Catalogue | 00862055
Sotheby's (Auction House), Contemporary Art, 2010, Auction Catalogue
Sotheby's (Auction House). Contemporary Art. 28 June 2010 | Auction Catalogue | 00862068
Sotheby's (Auction House), Indian and Southeast Asian Art, 2010, Auction Catalogue
Sotheby's (Auction House). Indian and Southeast Asian Art. 24 March 2010 | Auction Catalogue | 00862059
Christie's (Auction House), South Asian Modern and Contemporary Art, 2012, Auction Catalogue
Christie's (Auction House). South Asian Modern and Contemporary Art. 21 March 2012 | Auction Catalogue | 00862109
Sotheby's (Auction House), Contemporary Art, 2013, Auction Catalogue
Sotheby's (Auction House). Contemporary Art. 27 June 2013 | Auction Catalogue | 00862151
Raqib Shaw (Artist), Fall of the Jade Kingdom II - Paradise Lost II, 2014, Painting
Shaw, Raqib (Artist). Fall of the Jade Kingdom II - Paradise Lost II, 2014 | Painting
Saffronart (Auction House), No-Reserve Live Auction, 2015, Auction Catalogue
Saffronart (Auction House). No-Reserve Live Auction. 12 February 2015 | Auction Catalogue | 00862195
Saffronart (Auction House), Summer Online Auction, 2015, Auction Catalogue
Saffronart (Auction House). Summer Online Auction. 11 June 2015 | Auction Catalogue | 00862203
Sotheby's (Auction House), Modern and Contemporary South Asian Art, 2016, Auction Catalogue
Sotheby's (Auction House). Modern and Contemporary South Asian Art. 18 October 2016 | Auction Catalogue | 00862239
Asta Guru (Auction House), Southeast Asian Contemporary Art, 2019, Auction Catalogue
Asta Guru (Auction House). Southeast Asian Contemporary Art. 23 August 2019 | Auction Catalogue | 00862324
Sotheby's (Auction House), Modern and Contemporary South Asian Art, 2020, Auction Catalogue
Sotheby's (Auction House). Modern and Contemporary South Asian Art. 29 September 2020 | Auction Catalogue | 00862365
Asta Guru (Auction House), Present Future, 2022, Auction Catalogue
Asta Guru (Auction House). Present Future. 11 February 2022 | Auction Catalogue | 00862414
Asta Guru (Auction House), Present Future, 2023, Auction Catalogue
Asta Guru (Auction House). Present Future. 16 February 2023 | Auction Catalogue | 00862463
Asta Guru (Auction House), Contemporary Indian Art, 2023, Auction Catalogue
Asta Guru (Auction House). Contemporary Indian Art. 17 December 2023 | Auction Catalogue | 00862503
Asta Guru (Auction House), Present Future, 2023, Auction Catalogue
Asta Guru (Auction House). Present Future. 24 September 2023 | Auction Catalogue | 00862488
Saffronart (Auction House), Summer Online Auction, 2015, Auction Catalogue
Saffronart (Auction House). Summer Online Auction. 11 June 2015 | Auction Catalogue | 00862203
Sotheby's (Auction House), Modern and Contemporary South Asian Art, 2016, Auction Catalogue
Sotheby's (Auction House). Modern and Contemporary South Asian Art. 18 October 2016 | Auction Catalogue | 00862239
Asta Guru (Auction House), Southeast Asian Contemporary Art, 2019, Auction Catalogue
Asta Guru (Auction House). Southeast Asian Contemporary Art. 23 August 2019 | Auction Catalogue | 00862324
Sotheby's (Auction House), Modern and Contemporary South Asian Art, 2020, Auction Catalogue
Sotheby's (Auction House). Modern and Contemporary South Asian Art. 29 September 2020 | Auction Catalogue | 00862365
Asta Guru (Auction House), Present Future, 2022, Auction Catalogue
Asta Guru (Auction House). Present Future. 11 February 2022 | Auction Catalogue | 00862414
Asta Guru (Auction House), Present Future, 2023, Auction Catalogue
Asta Guru (Auction House). Present Future. 16 February 2023 | Auction Catalogue | 00862463
Asta Guru (Auction House), Contemporary Indian Art, 2023, Auction Catalogue
Asta Guru (Auction House). Contemporary Indian Art. 17 December 2023 | Auction Catalogue | 00862503
Asta Guru (Auction House), Present Future, 2023, Auction Catalogue
Asta Guru (Auction House). Present Future. 24 September 2023 | Auction Catalogue | 00862488
Sotheby's (Auction House), Contemporary Art, 2008, Auction Catalogue
Sotheby's (Auction House). Contemporary Art. 02 July 2008 | Auction Catalogue | 00862004
Riddhi Doshi (Reporter), The Colour of Money, 2008, Newspaper Clipping
Doshi, Riddhi (Reporter). The Colour of Money, 28 May 2008 | Newspaper Clipping | 00849959
Saffronart (Auction House), Modern and Contemporary Indian Art, 2009, Auction Catalogue
Saffronart (Auction House). Modern and Contemporary Indian Art. 10 December 2009 | Auction Catalogue | 00862055
Sotheby's (Auction House), Contemporary Art, 2010, Auction Catalogue
Sotheby's (Auction House). Contemporary Art. 28 June 2010 | Auction Catalogue | 00862068
Sotheby's (Auction House), Indian and Southeast Asian Art, 2010, Auction Catalogue
Sotheby's (Auction House). Indian and Southeast Asian Art. 24 March 2010 | Auction Catalogue | 00862059
Christie's (Auction House), South Asian Modern and Contemporary Art, 2012, Auction Catalogue
Christie's (Auction House). South Asian Modern and Contemporary Art. 21 March 2012 | Auction Catalogue | 00862109
Sotheby's (Auction House), Contemporary Art, 2013, Auction Catalogue
Sotheby's (Auction House). Contemporary Art. 27 June 2013 | Auction Catalogue | 00862151
Saffronart (Auction House), No-Reserve Live Auction, 2015, Auction Catalogue
Saffronart (Auction House). No-Reserve Live Auction. 12 February 2015 | Auction Catalogue | 00862195
Saffronart (Auction House), Summer Online Auction, 2015, Auction Catalogue
Saffronart (Auction House). Summer Online Auction. 11 June 2015 | Auction Catalogue | 00862203
Sotheby's (Auction House), Modern and Contemporary South Asian Art, 2016, Auction Catalogue
Sotheby's (Auction House). Modern and Contemporary South Asian Art. 18 October 2016 | Auction Catalogue | 00862239
Asta Guru (Auction House), Southeast Asian Contemporary Art, 2019, Auction Catalogue
Asta Guru (Auction House). Southeast Asian Contemporary Art. 23 August 2019 | Auction Catalogue | 00862324
Sotheby's (Auction House), Modern and Contemporary South Asian Art, 2020, Auction Catalogue
Sotheby's (Auction House). Modern and Contemporary South Asian Art. 29 September 2020 | Auction Catalogue | 00862365
Asta Guru (Auction House), Present Future, 2022, Auction Catalogue
Asta Guru (Auction House). Present Future. 11 February 2022 | Auction Catalogue | 00862414
Asta Guru (Auction House), Present Future, 2023, Auction Catalogue
Asta Guru (Auction House). Present Future. 16 February 2023 | Auction Catalogue | 00862463
Asta Guru (Auction House), Contemporary Indian Art, 2023, Auction Catalogue
Asta Guru (Auction House). Contemporary Indian Art. 17 December 2023 | Auction Catalogue | 00862503
Asta Guru (Auction House), Present Future, 2023, Auction Catalogue
Asta Guru (Auction House). Present Future. 24 September 2023 | Auction Catalogue | 00862488
Raqib Shaw (Artist), Umrao Jan' The Last Dance, 1998, Painting
Shaw, Raqib (Artist). Umrao Jan' The Last Dance, 1998 | Painting
Raqib Shaw (Artist), Untitled, 2001, Painting
Shaw, Raqib (Artist). Untitled, 2001 | Painting
Raqib Shaw (Artist), Untitled, 2003, Painting
Shaw, Raqib (Artist). Untitled, 2003 | Painting
Raqib Shaw (Artist), Untitled, 2006, Painting
Shaw, Raqib (Artist). Untitled, 2006 | Painting
Raqib Shaw (Artist), Untitled , 2006, Painting
Shaw, Raqib (Artist). Untitled , 2006 | Painting
Raqib Shaw (Artist), Henry VIII, 2006, Painting
Shaw, Raqib (Artist). Henry VIII, 2006 | Painting
Raqib Shaw (Artist), Untitled, 2007, Painting
Shaw, Raqib (Artist). Untitled, 2007 | Painting
Raqib Shaw (Artist), Death, Beauty and Justice III, 2007, Painting
Shaw, Raqib (Artist). Death, Beauty and Justice III, 2007 | Painting
Raqib Shaw (Artist), Untitled, 2007, Painting
Shaw, Raqib (Artist). Untitled, 2007 | Painting
Raqib Shaw (Artist), Untitled, 2007, Painting
Shaw, Raqib (Artist). Untitled, 2007 | Painting
Raqib Shaw (Artist), Death, Beauty and Justice IV, 2007, Painting
Shaw, Raqib (Artist). Death, Beauty and Justice IV, 2007 | Painting
Raqib Shaw (Artist), Fall of the Jade Kingdom II - Paradise Lost II, 2014, Painting
Shaw, Raqib (Artist). Fall of the Jade Kingdom II - Paradise Lost II, 2014 | Painting

Related

10

Personalities

6

Anish Kapoor
Anish KapoorComparable Artworks
Bharti Kher
Bharti KherComparable Artworks
F.N. Souza
F.N. SouzaComparable Artworks
Manjit Bawa
Manjit BawaComparable Artworks
Sayed Haider Raza
Sayed Haider RazaComparable Artworks
Tyeb Mehta
Tyeb MehtaComparable Artworks

Institutions

4

Asta Guru
Asta GuruComparable Artworks
Christie's
Christie'sComparable Artworks
Saffronart
SaffronartComparable Artworks
Sotheby's
Sotheby'sComparable Artworks
Tuli Research Centre for India Studies

Tuli Research Centre

for India Studies

A free and open knowledge base for the modern and contemporary Indian arts, cinema, photography and cultural heritage.

Support

Contact Us

Discover

Tuli Research Centre for India StudiesVisionManifestoArchive & LibraryVanraja Sanctuary & Hospice

Legal

Privacy PolicyTerms & Conditions

Follow us

Youtube

Youtube

Instagram

Instagram

Facebook

Facebook

© Tuli Research Centre for India Studies 2026

Tuli Research Centre for India Studies

Tuli Research Centre

for India Studies

A free and open knowledge base for the modern and contemporary Indian arts, cinema, photography and cultural heritage.

Tuli Research Centre for India StudiesVisionManifestoArchive & LibraryVanraja Sanctuary & Hospice
Contact Us
Privacy PolicyTerms & Conditions

Follow us

YoutubeInstagramFacebook

© Tuli Research Centre for India Studies 2026

                          Shaw, Raqib (Artist). Fall of the Jade Kingdom II - Paradise Lost II. Oil, acrylic , glitter, enamel & rhinestones on birchwood, 2014 | Painting | FineArts | 00352358

                          Estimates

                          ₹15,000,000 - 20,000,000

                          $181,507 - 242,009

                          Winning Bid

                          ₹25,655,424

                          $310,443

                          Artwork Square Inch Rate (S.I.R)

                          11877.51

                          Lot Ratio | Hammer Price / Lower Estimate

                          1.71

                          Raqib Shaw

                          ArtistRaqib Shaw
                          TitleFall of the Jade Kingdom II - Paradise Lost II
                          MediumOil, acrylic , glitter, enamel & rhinestones on birchwood
                          Date2014
                          Size36.00 x 60.00 in (91.44 x 152.40 cm)
                          Lot Number90
                          Auction HouseAsta Guru
                          Venue / LocationOnline
                          Date of Auction16 February 2023
                          Type of AuctionOnline

                          Research Categories

                          2_FineArts6_EconomicsArt14_IndoWorld
                          Source
                          asta-guru-present-future-16-february-2023-online-auction-catalogue

                          Related Links6

                          Masterlist2
                          Asta GuruRaqib Shaw
                          Research Categories3
                          02Modern and Contemporary Indian Fine Arts06Economics of Art & Cultural Industry14India and her Relationship with the World
                          Object
                          Asta Guru Present Future 16 February 2023 Online Auction Catalogue