RP-Sanjiv Goenka Group

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RP-Sanjiv Goenka Group
Company type Private
Industry Conglomerate
Founded13 July 2011;14 years ago (2011-07-13)
Founder Sanjiv Goenka
Headquarters Kolkata, West Bengal, India
Area served
India, Bangladesh
Key people
Sanjiv Goenka (Chairman)
Products
RevenueIncrease2.svg26,634 crore (US$3.2 billion) (2021) [1]
Increase2.svg524 crore (US$62 million) (2020) [1]
Total assets Increase2.svg62,615 crore (US$7.4 billion) (2024) [1]
Number of employees
44,500 (2020) [2]
Subsidiaries CESC Limited
Phillips Carbon Black Limited
Mohun Bagan Super Giant (80%)
Lucknow Super Giants
Open (Indian magazine)
Spencer's Retail
Nature's Basket
Firstsource Solutions Limited
Saregama
Quest Mall
Harrisons Malayalam
International Management Institute
International Management Institute
Durban's Super Giants
Manchester Originals (70%)
Website www.rpsg.in

RP-Sanjiv Goenka Group (also known as RPSG Group) is an Indian multinational conglomerate headquartered in Kolkata. The founding was the result of a divestiture by RPG Enterprises in 2011. The Group's businesses include power and energy, carbon black manufacturing, retail, IT-enabled services, FMCG, media and entertainment, infrastructure and education. [3]

Contents

History

Rama Prasad Goenka established RPG Enterprises in 1979 with Phillips Carbon Black, Asian Cables, Agarpara Jute, and Murphy India as the constituents. [4]

In 1981, the group acquired CEAT Tyres India. [5] KEC International was acquired in 1982. [6] In 1986, it acquired the music company 'Gramophone Company of India Ltd', now known as Saregama. [7] Harrisons Malayalam, the tea and rubber plantations was acquired in 1988. In the following year, Calcutta Electric Supply Corporation (CESC Limited), Raychem Technologies, and Spencer's were acquired. [8]

In 1993, Noida Power Company Limited (NPCL) was formed as a JV between the group and Greater Noida Industrial Development Authority, to distribute power in the Greater Noida region. [9] In 2009, the Group entered into media with the launch of Open Magazine, a weekly current affairs and features magazine. [10]

In 2010, the Group's businesses were divided between Rama Prasad Goenka's sons, Harsh Goenka and Sanjiv Goenka. RP-Sanjiv Goenka Group was founded on 13 July 2011, with Sanjiv Goenka as its chairman. [3]

Businesses

Power

Information technology

Media and entertainment

Consumer and retail

Education and infrastructure

Sports

Plantation

References

  1. 1 2 3 "Investors".
  2. "About us".
  3. 1 2 Layak, Suman (21 April 2019). "How Sanjiv Goenka transformed RPSG group into a conglomerate with diverse revenue streams". Economic Times.
  4. "About Us - 1979". RP-Sanjiv Goenka Group.
  5. "CEAT: Reports, Company History, Directors Report, Chairman's Speech, Auditors Report of CEAT - NDTVProfit.com". www.ndtv.com. Retrieved 22 November 2020.
  6. "About Us - Early 1980s". RP-Sanjiv Goenka Group.
  7. "About US - Mid 1980s". RP-Sanjiv Goenka Group.
  8. "About Us - 1980s". RP-Sanjiv Goenka Group.
  9. "About Us - 1990s". RP-Sanjiv Goenka Group.
  10. 1 2 3 "Sanjiv Goenka's Bold Strokes Put RP-SG Group On Solid Ground". Forbes India. Retrieved 22 November 2020.
  11. "CESC.NS - CESC Ltd Profile". Reuters. Retrieved 22 November 2020.
  12. Basak, Probal (14 November 2014). "CESC to commission its 600 MW Haldia plant in December". Business Standard India. Retrieved 21 November 2020.
  13. Moitra, Sumit (31 July 2014). "CESC appoints BCG to decide on power sector push". DNA India. Retrieved 21 November 2020.
  14. "Noida Power Company Limited (NPCL) | Businesses". www.rpsg.in. Retrieved 9 December 2020.
  15. "Integrated Coal Mining LTD Information - Integrated Coal Mining LTD Company Profile, Integrated Coal Mining LTD News on The Economic Times". The Economic Times. Retrieved 21 November 2020.
  16. "CESC switches on Crescent for Asansol plant". www.telegraphindia.com. Retrieved 9 December 2020.
  17. "Renewables Business | Businesses". www.rpsg.in. Retrieved 9 December 2020.
  18. "FISO.NS - Firstsource Solutions Ltd Profile". Reuters. Retrieved 22 November 2020.
  19. "How data is helping India's oldest music company Saregama revive its fortunes | FactorDaily". FactorDaily. 14 June 2017. Retrieved 23 March 2018.
  20. "SaReGaMa's production house Yoodlee Film's to release BrijMohan Amar Rahe on 1st December 2017". International Business Times. 21 November 2017. Retrieved 23 March 2018.
  21. Jha, Lata (3 July 2020). "RP-Sanjiv Goenka Group and Fortune Media Group to publish Fortune India". mint. Retrieved 9 December 2020.
  22. Jha, Shuchi Bansal, Lata (15 July 2020). "RP Sanjiv Goenka group acquires 51% stake in Editorji". mint. Retrieved 9 December 2020.{{cite web}}: CS1 maint: multiple names: authors list (link)
  23. "Having established itself in the healthy snacking category, Too Yumm! to foray into kid's category soon". Business Insider. Retrieved 9 December 2020.
  24. "RP-Sanjiv Goenka Group picks up controlling stake in Apricot Foods". VCCircle. 31 July 2017. Retrieved 9 December 2020.
  25. "SPEN.BO - Spencer's Retail Ltd Profile". Reuters. Retrieved 9 December 2020.
  26. "Spencer's to buy Nature's Basket from Godrej for ₹300 cr in cash". @businessline. 17 May 2019. Retrieved 9 December 2020.
  27. "CESC Ventures to pick up majority stake in Herbolab". @businessline. 4 June 2019. Retrieved 9 December 2020.
  28. Ishita Ayan Dutt & Avishek Rakshit (20 January 2019). "RP-Sanjiv Goenka group eyes turnover of Rs 40,000 crore in the next 5 years". Business Standard.
  29. Paul, Aniek (5 August 2011). "Sanjiv Goenka gets 80% stake in Kolkata hospital". mint. Retrieved 9 December 2020.
  30. "Mohun Bagan merge with Goenka's ATK". www.telegraphindia.com. Retrieved 9 December 2020.
  31. "We are removing ATK, it will be Mohun Bagan Super Giants from next season: Sanjiv Goenka after ISL title win". The Indian Express. 18 March 2023. Retrieved 18 March 2023.
  32. "Sanjiv Goenka's RPSG Group win race for Manchester Originals stake". ESPNcricinfo. Archived from the original on 9 May 2025. Retrieved 5 June 2025.
  33. Datta, Aveek (27 December 2011). "Goenkas split rest of RPG group". mint. Retrieved 22 November 2020.