Kapil has secured the 93rd position in the list while other popular TV stars like Ram Kapoor, Ronit Roy and Saakshi Tanwar have been placed below him, said the magazine's official website.
Kapil came to the forefront after winning season 3 of the reality show 'The Great Indian Laughter Challenge'.
He has also featured in various seasons of 'Comedy Circus' before starting his own production house K9 Productions under which he produces 'Comedy Nights With Kapil', aired on Colors.
He has also been nominated alongside Shah Rukh Khan, Hrithik Roshan, Farhan Akhtar and Deepika Padukone for CNN IBN's Indian of the Year (Entertainment).
"Thank you god and my fans for making it possible..." Kapil posted on Twitter.