Singhania family

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Singhania family
Current region Kanpur, Delhi, Mumbai, India
Place of origin Singhana, Rajasthan, India
Members Lala Juggilal Singhania
Lala Kamlapat Singhania
Sir Padampat Singhania
Kailashpat Singhania
Lakshmipat Singhania
Gopal Krishna Singhania
Gaur Hari Singhania
Govind Hari Singhania
Shyam Hari Singhania
Shashvat Singhania
Vijaypat Singhania
Ajaypat Singhania
Hari Shankar Singhania
Bharat Hari Singhania
Raghupati Singhania
Sripati Singhania
Vinita Singhania
Yadupati Singhania
Nidhipati Singhania
Ramapati Singhania
Gautam Singhania
Madhupati Singhania
Akshaypat Singhania
Abhishek Singhania
Anantpat Singhania
Harshpati Singhania
Vikrampati Singhania
Anshuman Singhania
Shrivats Singhania
Dr.Raghavpat Singhania
Madhavkrishna Singhania
Estate(s)Kamla Retreat (Kanpur)
Ganga Kutir (Kanpur)
JK House (Mumbai)

The Singhania family is a prominent Indian business family, that started out in the Indian city of Kanpur. [1] [2] [3] The family expanded into three major branches and is currently based out of Kanpur, Mumbai and Delhi. JK Organisation founded by Lala Kamlapat Singhania is one of the largest conglomerates in India today, with multiple million and billion dollar companies under its belt. The family owns majority stakes in several publicly listed companies such as JK Tyre, JK Cement, JK Lakshmi Cement, JK Paper, Jaykay Enterprises, JK Agri Genetics (JK Seeds) and JK Dairy (Umang Dairies). [4] [5] Some privately held companies in the family are Raymond Group, J.K. Ansell, JK Tech, JK Fenner, JK Insurance brokers and Global Strategic Technologies. [6] [7]

Contents

Family history

As per records of JK Temple Kanpur, Vinodi Das Singhania left his home in Singhana - a little town in the Jhunjhunu district of Rajasthan - in 1775. He resettled in Farrukhabad, a small business town near Kanpur. He started off as a Banker and diversified into trading. This was the time when East India Company was entering India. His sons - Ramsukhdas and Sarbsukhdas - later joined the family business and opened branch offices in Kanpur, Kolkata, Varanasi and Mirzapur. [8]

After Ramsukhdas and Sarbsukhdas, the business was passed on to Ramsukhdas' son, Sewaram. Baldeodas took over the reins of the business along with his brother Munnalal from his father Sewaram. During this time the family also earned the royal title of 'Rajah Sahib'[ citation needed ] . Baldeodas had six sons and among them was Juggilal who took over the family business and played an important role in expanding and diversifying the business from bankers and traders to industrialists. [9] [10] In 1905, Juggilal and his family shifted to their Kanpur house after a division in the family business which then owned two flour mills — the Ganges Flour Mill and Cawnpore Flour Mill — apart from being the sole selling agents for Elgin Mills, Cawnpore Cotton Mills and Victoria Mills. The division created two new business units - Baldeodas-Kedarnath and Baijnath-Juggilal. [11]

After Kamlapat the business was passed on to his three sons - Padampat, Kailashpat and Lakshmipat. Padampat established Straw Products Ltd in 1940 with support from Nawab of Bhopal - Hamidullah Khan. The brothers set up a gas plant - JK Rampur Gas Plant - with support from princely state of Rampur. They also acquired a plant of the Aluminium Corporation of India in Asansol. Lakshmipat took the lead in order to make the plant operational. He also established a small steel plant - JK Steels - near Rishra in West Bengal, and a paper mill in Odisha. The brothers also acquired National Insurance Company during the period of World War II. The family supported the British Government during the war years and stepped up the production to meet the needs of British Army. Due to the support given to British Government during the war years, Padampat Singhania was conferred with knighthood at The Viceroy's House, New Delhi, on 23 February 1943. [12] [8]

In 1944, the family bought a woolen textile mill - Raymond Woollen Mills - in Thane from E.D. Sassoon & Co. Kailashpat took charge of the company and was instrumental in its growth. Today Raymond Group is a leading producer of fabrics in India. The business subsequently got divided between the brothers. Padampat took over the north Zone with Kanpur as headquarters. Lakshmipat resettled in Kolkata and took control of eastern zone while Kailashpat moved to Mumbai to head the western zone. Later on Lakshmipat moved to Delhi and established it as headquarters for businesses under his control. [8] [13]

Family branches

Kanpur branch

Padampat Singhania continued to manage the businesses from Kanpur while his younger brothers moved to Mumbai and Kolkata. Singhania became the president of the group but the companies operated independently with some cross holdings among them. After Padampat, his eldest son, Gopal Krishna Singhania became president of the company. He was the youngest Chairman of Raymond Woollen Mills Ltd. [14] During the short span of lifetime, he led Raymond to be the top brand and placed Raymond at the head of all exporting woollen mills in India. [15] He established joint ventures with Australia to manufacture indigenous merino wools and expanded business to Kenya. [16] [17] Gopal Krishna had two sons and two daughters namely, Nidhipati Singhania, Gopika Singhania, Ambika Kothari and Ramapati Singhania. After his untimely death his son Ramapati Singhania joined the Singhania family's JK Group of companies in 1980.  Later he became an UAE expatriate and founded Varal Consultancy, DMCC, Dubai. now known as HabotConnect, DMCC.  Gopal Krishna Singhania’s brother, Gaur Hari Singhania became head of the businesses which were under Kanpur branch of the family. [8] Padampat's younger son Govind Hari Singhania was also involved in the business. After Gaur Hari Singhania's death the business was headed by his son Yadupati Singhania who groomed his nephews Dr.Raghavpat and Madhavkrishna. On 13 August 2020 Yadupati Singhania passed away in Singapore after a brief illness. Today Raghavpat & Madhavkrishna are Managing Director & Dy Managing Director of JK Cement respectively.

Companies under the control of Nidhipati, Dr.Raghavpat & Madhavkrishna are:

Companies under the control of Abhishek, Son of Govind Hari Singhania, are:

Mumbai branch

The family purchased a textile mill - Raymond Woolen Mills - from ED Sassoon & Co in 1944. Kailashpat Singhania took over the control of the business and moved to Mumbai. After Kailashpat,Gopal Krishna his nephew, took over the business and on his death Vijaypat managed the company. Currently it is being controlled and managed by Vijaypat's eldest son - Gautam Singhania. Companies and brands under control of Mumbai branch of the family are:

Delhi branch

In 1942, Kamlapat's youngest son Lakshmipat led the effort for acquisition of Aluminium Corporation of India plant in Asansol. He also established a small steel plant - JK Steels in West Bengal - and a paper mill in Odisha. [8] In 1960s, due to labor union problems in West Bengal and nationalisation of several companies under family's control, the family moved from Kolkata to Delhi. After Lakshmipat, his eldest son Hari Shankar Singhania took over the control of the companies and managed it along with his brothers and other family members. [23] [24] [25] Major companies under control of Delhi branch of the family are:

Prominent members

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References

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