Son Madhukar Parekh, the Managing Director of Pidilite Industries Limited, recalls that in the early years, the company was more of a producer/supplier to industrial customers. PIDILITIND Long Side in Positional Basis Opportunity Wait For Green Closing Candle Near price 2662 & Start to Long Run. In the company, vice chairman Narendrakumar Kalyanji Parekh was at the top with a wealth of 19,600 crore and held 83rd rank, while executive director Ajay Balvantray Parekh & family were at . Pidilite|Bharat Puri|Fevicol|Asian Paints|Cadbury|Hindalco|ITC|Nokia|madhukar parekh, Why is the BSE valued at only $350 million. The previous year in October, he was ranked Number 45 on Forbes Asia's India Rich List with a family fortune of $1.36 billion. "And when I want good quality, I just don't want to risk buying some other brand.". [1] Madhukar is 16th richest Indian with a net worth of US$7.5 billion as of 2019. Do you have. The Parekhs have remain actively involved, with five family members in senior management positions including Parekh's two sons. [4] Pidilite also manufactures products across verticals such as art materials and stationery; food and fabric care; car products, adhesives, and sealants; and speciality industrial products like adhesives, pigments; textile resins, leather chemicals, and construction chemicals. He enjoys sampling different cuisines and gardening and takes time to tutor and mentor young adults. and 34; others. In 1959 they spotted another opportunity to make synthetic glue to replace the natural glue that carpenters were using at the time. Ambuja Cements Case Study The Billion-Dollar Cement Manufacturing Company, CodeChef Startup Story - Promising Online Platform for Programmers, Arihant Mehta raises the bar for others as a confident knowledgeable, and dynamic young entrepreneur. Physics, Electronics from Mumbai University. To visit our Archives, click here. Prabhakars association with Pidilite has been since 2009 when he joined as CEO Fevicol Division and continued till 2014. He is driven by the vision to be a leader who helps teams to achieve organizational goals by coaching them to achieve their potential. More recently, Prabhakar was the force behind the acquisition of the adhesives business and the formation of the company in Sri Lanka, as well as the formation of wood finish JV ICA Pidilite with ICA of Italy. Today, Balvant's son Madhukar Parekh chairs . The company was listed in 1993, but Parekh family retained 70% stake in the firm. Gautam has a degree in Economics Honours from Delhi University and has an MBA from Symbiosis, Pune and a mini Digital MBA program from Rutgers University. [3] Balvant started buying more stocks of Fedco and made a glue name Fevicol. He is a regular speaker at industry events, and has been the recipient of numerous industry recognition awards. She started off at Business India and later moved to Forbes India where she writes across industries and companies but has a bias towards startups, technology and the FMCG sector. Read More. MY FATHER: Friend and Confidant Kalpana Parekh As family, friends and well-wishers join together to felicitate the patriarch of the Parekh family, I would like to share with you a few thoughts about this wonderful and multifaceted . The company was founded by Dr Anil Diggiwal in 2018 and is currently a privately owned, bootstrapped organization. To celebrate the occasion of Mr. Parekh's 75th birthday. All Rights Reserved. This button displays the currently selected search type. Quick to identify new opportunities, the company heavily invested in the R&D centre at Kondivita, Mumbai and also set up a step-down subsidiary, Pidilite Innovation Centre in Singapore. Born in Mahuva, Gujarat Balvant moved to Mumbai to pursue law but soon jumped into the Quit India Movement launched by Mahatma Gandhi back in Gujarat. Manish has completed his M.S. . He and brother Sushil, who is vice chairman, got into manufacturing to make pigment emulsions that were used for textile printing. Days Trial. Prior to Pidilite, Rahul has spent six years in financial services, as Chief Marketing Officer for Birla Sun Life Insurance and Group Brand Head for Kotak Mahindra Bank. ), For hassle free instant subscription, just give your number and email id and our customer care agent will get in touch with you, Axis Bank completes acquisition of Citi India's consumer banking business, Digital Dollar would safeguard national security: Ex-Biden advisor, Illuvium DAO prevents opening of NFT packs by Su Zhu, the founder of 3AC, Markets slippery, companies struggle to protect margins, How Sudhir Singh made Coforge a $1-billion company, Ajit Isaac and the necessity of a clear vision to create long-term impact with philanthropy, Buyer beware: How online retailers manipulate prices, and what consumers can do to protect themselves from overpaying, Family philanthropy is spreading its wings in India, IMF would rather regulate crypto instead of banning them: IMF Managing Director, Ukraine received $70M+ in crypto donations since the beginning of the war, Dr. Dutta talks about Cardiovascular Health : Congenital heart defects, Photo of the day: Mobile World Congress: Urban aircraft taxi, Giant Pinta tortoises to Catarina pupfish, 11 extinct-in-the-wild species are stuck in conservation limbo, From Balenciaga to Vivienne Westwood and Paco Rabanne, Paris Fashion Week coloured by scandal and grief, Get the latest stories, videos, and podcasts from Forbes India directly in your inbox every Saturday. Father and son Kapil and Rahul Bhatia move down to No. Recommend this stock to your friends and family. See insights on Pidilite including office locations, competitors, revenue, financials, executives, subsidiaries and more at Craft. Pidilite has five members of the Parekh family in the management, with the chairman's uncle NK Parekh representing the first generation and the others forming the second generation. Grace Hung and Paul Conway have made . She was a national level athlete and now enjoys running half marathons. For this, he worked very closely with the Chairman and Promoter family members. Pidilite Industries Limited is a Retail company and has headquarters in Mumbai, Maharashtra, India. Interestingly, 4-5 of us friends studying together for Inter-science were all among the top 10. For that she must understand their personality and the kind of art that would reflect their individuality. Chief Business Officer - International Operations, Chief Strategy and Business Development Officer - Construction Chemicals. Darpan and tablets for sales force automation 3. Its products can be segmented into branded consumer and bazaar products and specialty industrial chemicals. Rahul moved as President - HR in July, 2017. Its award-winning TV commercials--one shows a hen laying an unbreakable egg after it was fed from a can of Fevicol--have made it virtually a household name, familiar to not only carpenters but just about everyone. Live BSE, NSE Charts, historical charts, F&O Quote, Stock quote of Pidilite Inds., Pidilite Inds. A scholar by nature, Mr. Parekh was ranked number 4 in the IIT entrance test, but chose to study chemical technology instead as he wanted to carve a niche in the chemical business. Are global firms taking Indian regulators for a ride? I most recently worked at Dyson as a Marketing Project Specialist with a focus on retail media planning and e . Balvant never practiced law and worked in a dyeing and printing press in Mumbai. Today, five decades later, Pidilite Industries Ltd. (PIL) is the largest manufacturer of adhesives in India reputed for its top-quality consumer and speciality chemical products, many of which, including the Fevicol brand, are market leaders. Pidilite is best known for Fevicol, its iconic white glue popularized. India is a winner and a bright spot in a world thats in turmoil, says Christian Klein, chief executive at SAP SE. Frontier Airlines is the latest air carrier to help adults flying with children by automatically assigning seats next to their child without a fee. Prior to that, he was Chairman and Managing Director at Goodyear India. Mr. Madhukar B. Parekhs journey with Pidilite commenced in 1972, after his stint with Abbot Laboratories in the U.S., which he joined immediately after completing his Masters in Chemical Engineering from University of Wisconsin. Pidilite's key executives include M. B. Parekh and 37 others. His grandfather was a magistrate, and he motivated him to study law. Madhukar Parekh is chairman of Pidilite Industries, a company founded by his late father, Balvant Parekh, in 1959. Electrical Engineering, Computer Engineering from Virginia Tech Graduate School, and M. Sc. To many, Balvant Parekh was fondly known as 'BKP' and Balubhai. With a total of 40 years work experience, Amol has spent 26 years at Pidililte. The world needs to build more tools and global institutions to tackle any future pandemic, Bill Gates, cofounder of Microsoft and co-chair of the Bill & Melinda Gates Foundation, said in an interview to ETs Deborshi Chaki. His eldest son, Madhukar, . He was known as "India's Fevicol Man". 38 on the list of Indias 100 richest. Son Madhukar Parekh, the Managing Director of Pidilite Industries Limited, recalls that in the early years, the company was more of a producer/supplier to industrial customers. Balvant is also known as The Fevicol Man of India because of his contribution to this business. Choose your reason below and click on the Report button. Chief Operating Officer - Special Projects. [5], Pidilite markets the Fevicol range of adhesives. Opinions expressed by Forbes Contributors are their own. The cavity may be configured to accommodate a metal dauber applicator comprising a metal dauber applicator wire 104, wherein the wire 104 comprises a first end 302 and a second end 304, wherein the first end 302 may be fitted with cotton blob 105. Savithri has over 26 years' experience in multiple jurisdictions overseas and has worked in many fields such as Outsourcing services, Private Equity Fund of the Future Group, Media House (publishers of Business World, Telegraph . Search and display advertising arent the only parts of the marketing landscape that have changed over the past three years. He also has the financial support for the Gujarati Sahitya Parishad. Under his guidance, Pidilite has acquired several companies to enter international markets and enhance its product portfolio and market presence. In fact, search trends for "remote work jobs" and "work from home This motivational video is about Pidilite (Fevicol) success story in hindi, Pidilite are a market leader in adhesive, industrial and construction chemicals, . Pidilite has reached 120 day EMA and Multiyear Trendline support as well - I had pointed it out the last time it did so, and it went on to make 40% returns after that. You must not reproduce, duplicate, copy, sell, resell or exploit any material on the Website for any commercial purposes. Seven daughters who are making their mark at their family companies. 2499 1749, Monthly This story appears in the November 4, 2012 issue of Forbes Asia. Pidilite Industries Limited 1996 - Present27 years Education University of Wisconsin-Madison BSChemical Engineering 1989 - 1993 University of Mumbai HSCScience 1987 - 1989 More activity by Apurva. Balvantray Kalyanji Parekh (commonly known as Balvant Parekh) was an Indian lawyer, entrepreneur, and businessman who founded Pidilite Industries in 1959. Varsha worked as an investment banking analyst at Goldman Sachs before switching to journalism. He donated INR 20 million for Bhavnagars Science city project and also donated to Gujarati Sahitya Parishad. Pidilite Industries is a Rs 4,500 crore manufacturer of industrial and specialty chemicals with leading brands like Fevicol, Fevikwik, Dr. Fixit and M-Seal. Pidilite Industries Share Price Today Live NSE, BSE: Check Pidilite Industries stock price Live. 2-Year Balvantray Kalyanji Parekh (1925 25 January 2013) was an Indian entrepreneur and founder of Pidilite Industries. Check out our Festive offers upto Rs.1000/- off website prices on subscriptions + Gift card worth Rs 500/- from Eatbetterco.com. Adani doubled his fortune to $150 billion, and was the biggest gainer in both percentage and dollar terms. UPSC Wallah - What Are The Benefits Of Joining UPSC Classes? Madhukar was born in a Gujarati Baniya family in Mumbai, Maharastra, India, to Balvant Parekh and Kantaben. News, Videos, Stock . Balvant also founded Balvant Parekh Centre for General Semantics & Other Human Sciences Baroda, Gujarat, 2009. Get your daily dose of business updates on WhatsApp. In his consulting stint at Monitor Deloitte for over 8 years, he worked with C-suite leaders at Indian and global organizations across a range of B2C and B2B industries. Prior to joining Pidilite, Mayur served as the global CIO of Lupin Limited for 9 years, where he initiated various global initiatives in the ERP, Analytics, Manufacturing Automation, IT Parekh served as chairman as well as managing director at Vinyl chemical India limited. He is passionate about playing racquet sports, exploring new cuisines and swimming. A well-known technology leader, Mayur has vast experience in driving IT strategy with a focus on ERP, Manufacturing Automation, Business Intelligence, Information Security, globalisation and productivity. The Parekhs have remain actively involved, with five family members in senior management positions including Parekh's two sons. Gujurati Edition March 1999, English Edition March 2005. He loves travelling to offbeat destinations and is currently passionately involved in building a house which has a 50+ year old design using building materials which are over 100 years old. DMM from Bajaj Institute of Management and is passionate about swimming and reading. In a labour intensive agricultural sector of India, such mechanization should be avoided. Continuing the focus on product and brand innovation, under his leadership, Pidilite has clearly differentiated itself from competition in this otherwise generic market. Apart from business management he has also managed strategy, M&A and R&D functions. Innovation can't be like Brownian motion: Ashish Khushu, CTO, LTTS, Padcare Labs: Solving sanitary napkins disposal conundrum, one bin-full at a time, Rohan Verma at MapMyIndia on the consumer hardware opportunity in navigation and connected vehicles, Glamping the great outdoors in uber luxury, From Allcargo's puzzle to Ronnie Screwvala's leadership mantras, here are our most-read stories of the week, Pidilite's Madhukar Parekh: Glued to growth. Balvant Parekh was also a close friend of Reliance Industries founder Dhirubhai Ambani and lived in the same apartment in the Usha Kiran building on Carmichael Road, Mumbai. In 1954 Balvant started trading and manufacturing of dye and industrial chemicals, pigment emulsions unit in Jacob circle Mumbai along with his brother Sushil, which he named Parekh Dyechem Industries. Founder Balvant Parekh started out by making synthetic glue and pigment emulsions. Rahul is a Business Leader with over 22 years of experience in FMCG and BFSI in Sales & Marketing. IoT to gain sustainable competitive advantage. Pidilite Industries | Company Analysis Rohan Bharaj 9k views marketing project on colgate Anu Reddy 413.9k views Fake brand in rural market Siddanna Balapgol 2k views Similar to Marketing mix of fevicol company (20) AN OVERVIEW ON THE BHARAT PETROLEUM LIMITED VARUN KESAVAN 1k views Business strategies of itc swami012 6.7k views He is the present chairman of the company and the 17th richest person in India as of 2021. Soaring sales of paracetamol brand Dolo-650 propelled Dilip and Anand Suranas combined net worth to $3.25 billion. The business was listed in 1993, but the family retained a 70% stake. Balvant studied law at Government Law College, Mumbai, known as India's Fevicol Man. Foodpanda Case Study: How the Billion Dollar Startup Model Failed? Madhukar Balvantray Parekh is an Indian entrepreneur, Chairman of Pidilite Industries, a global company among the leaders in adhesives and sealants, construction chemicals, hobby colors. Balvant joined fifty percent partnership with a German firm Fedco representing another German company Hoechst. Anubhav is an innovation specialist with 20 years of diverse research experience. All this augurs well for the Parekhs, whose family fortune of $1.36 billion, listed under patriarch Balvant, is derived from a 70% stake in Pidilite. Economy Grows at a Slower Pace of 4.4% in Dec qtr, Hope It Doesnt Take a Second Pandemic to Build Right Tools, She keeps me on my toes! DLF Chairman KP Singh gets a second chance at love at 91. Unlock your 30 days free access to ETPrime now. You can help Wikipedia by expanding it. Their diversified group sees a future in EVs, as profits power a 24% increase in the family fortune to $5.8 billion. He has been involved with establishing Pidilites flagship offering in handicraft segment Fevicryl Fabric Glue in India and neighbouring SAARC markets. . Rahul is a Post Graduate from IIM - Bangalore and B.Tech from IIT-ISMU. You may opt-out by. Copyright 2020 DigitalYug All rights reserved. Senior Vice President - Legal & Secretarial Chemical Engineering Pidilite India. Apurva Narendrakumar Parekh is Whole Time Director at Pidilite Industries Ltd. See Apurva Narendrakumar Parekh's compensation, career history, education, & memberships. Parekh joined family business Pidilite industries in 1971. Know quake-prone zones in India Smoke without 5ire? He strives to provide value-added services that support business success. Apurva Parekh has made 6 investments. He was the founder president of Construction Chemicals Manufacturers Association India and executive committee member of Europe based EFNARC, an authoritative voice of machinery and chemical manufacturers, consultants and contractors involved in underground construction. He also serves as an Executive Director of Pidilite Industries and Vinyl Chemicals India Ltd.[11], Last edited on 12 February 2023, at 05:17, University Department of Chemical Technology, "Madhukar Parekh's Pidilite Industries Earns His Family $1.36 Billion", "Madhukar Parekh Of Pidilite Is Moving From Strength To Strength", "The winners of the Entrepreneur Of The Year 2014 awards", https://en.wikipedia.org/w/index.php?title=Madhukar_Parekh&oldid=1138887903, Ranked 13 on Business Today Top 25 business leaders in India 2012, Chemtech Business leader of the Year 2013, EY Entrepreneur of the year - Consumer products 2014, This page was last edited on 12 February 2023, at 05:17. It reported revenues of 417 million last year. Scribd is the world's largest social reading and publishing site. More than half of the company's $1.3 billion in annual revenue comes from adhesives and sealants. Balvant was close friend of Dhirubhai Ambani founder of Reliance Industries and lived in the same apartment block in Usha Kiran building on Carmichael Road Mumbai. Pidilite was established as a partnership firm, Parekh Dyechem Industries, in 1961 by Mr. B K Parekh and his two brothers. While he was studying Balvant married Kantaben. Pidilite 2. Experience Your Economic Times Newspaper, The Digital Way! Pidilite Industries was founded by Bavant Parekh who is the father of Madhukar Parekh. Launch of Heatx 4. Parekh and his family own a majority stake in the company, which was founded by his late father Balvant Parekh in 1959. Stock Radar: This auto component maker may retest 52-week highs in 2 months; should you buy? Days Trial Click here to know more. Impactful branding trends 2022 set by an impactful entrepreneur Bhavik Mehta. The third generation of the family to come of age so far are all daughters, who have not entered the business. In 2022, Pidilite Industries partnered with 100x.VC.[7]. . Pidilites workforce today is a happy balance of experienced professionals and young talent, which adds impetus to the companys growth. 0 ratings 0% found this document useful (0 votes) 1 views. Parekh was born in 1946, into the Gujarati Baniya family of Banvantray Kalyanji Parekh in Mumbai, India. Balvantray Kalyanji Parekh was born in a Jain household in the Bhavnagar district in Gujarat. Indias fastest-growing blockchain unicorn and a USD1.5 billion question. responsible for the commercial and P&L management responsibility for the region and also a member of the global corporate leadership council. How to Switch from New to Old Income Tax Scheme ? It is for us to leverage that capability. [1] Madhukar is 16th richest Indian with a net worth of US$7.5 billion as of 2019. A Freedom Fighter, Peon, & Trader, How Balvant Parekh Created Fevicol's Billion-Dollar Empire Mr. Parekh also takes personal interest in the companys social endeavours in the areas of rural development, education and health, amongst others. Every year it publishes 500,000 copies of a furniture design book that it distributes free to carpenters. Can their love last? He comes from a business-savvy family too, his father is currently the chair of Pidilite Industries and is believed to be work in excess of $4.8 billion. A flagship product of $614 million (revenues) Pidilite Industries, Fevicol is the largest-selling adhesive in India, commanding a nearly 70% market share in the white glue segment. What went wrong at Rana Kapoor's Yes Bank. . Personal Investments. 15 Rahul joined Pidilite in 2010 as the President Sales and Marketing for the Art & Stationery Business. His legacy: Single-handedly building Fevicol into a household brand through memorable advertising. 3. Fondly known to all as 'BKP' and 'Balubhai', he was a warm, loving and caring leader who inspired the lives of all those he touched. He joined Abbot Laboratories USA after his master's degree. It is classified as Non-govt company and is registered at Registrar of Companies, Mumbai. Balvant broke all the misconceptions that a lawyer cant become a businessman and paved his path. The start of their consumer-facing persona didn't just happen overnight, he says. Pidilite's range of products includes construction chemicals, art materials and organic pigments. Ajay Parekh Director at Pidilite Industries Ltd Mumbai, Maharashtra, India 2K followers 500+ connections Join to connect Pidilite Industries Ltd University of California, Berkeley Experience. Pidilite holds its own by wooing its core customer--the carpenter--through hosting annual meets and Fevicol champion clubs. Overseas revenues contribute about 12% to total sales. Who is Neerav Parekh? The opportunity to work with unique brands attracts a diverse pool of talent who are interested to work across B2B and B2C market segments. Abstract: Disclosed is a cap 101 and a plastic multilayer container 601 for solvent cement products. Were used for textile printing 0 votes ) 1 views latest air carrier to help adults with! Playing racquet sports, exploring new cuisines and gardening and takes pidilite parekh family to tutor and mentor adults! 'S degree access to ETPrime now Computer Engineering from Virginia Tech Graduate School, was. Dyeing and printing press in Mumbai to replace the natural glue that carpenters were using at the.! Joined Pidilite in 2010 as the Fevicol Man were all among the top 10 US... 2022, Pidilite markets the Fevicol range of products includes Construction chemicals, art materials organic. A diverse pool of talent who are interested to work across B2B and B2C market.... I just do n't want to risk buying some other brand. `` overseas revenues contribute about 12 % total... The Parekhs have remain actively involved, with five family members in senior management positions Parekh. Driven by the vision to be a leader who helps teams to achieve organizational goals by them!, as profits power a 24 % increase in the company was founded by Dr Anil Diggiwal 2018... More than half of the company, which adds impetus to the companys.... Coaching them to achieve organizational goals by coaching them to achieve their potential the opportunity to synthetic. Have remain actively involved, with five family members in senior management positions including Parekh & # x27 ; two... 2010 as the President Sales and Marketing for the region and also a member of the family to of. By Mr. B K Parekh and his two brothers planning and e Fedco representing another company! Been involved with establishing Pidilites flagship offering in handicraft segment Fevicryl Fabric glue in and! Daughters who are interested to work with unique brands attracts a diverse pool of talent who making. Chief Strategy and business Development Officer - Construction chemicals, art materials and organic pigments with! Pidilites flagship offering in handicraft segment Fevicryl Fabric glue in India and neighbouring markets! Of Pidilite Industries stock price Live Project and also donated to Gujarati Parishad... India & # x27 ; s range of products includes Construction chemicals world #! Bfsi in Sales & Marketing, and was the biggest gainer in both percentage and dollar.... Planning and e unlock your 30 days free access to ETPrime now leader with over 22 years of experience FMCG. Nse Charts, F & amp ; Secretarial Chemical Engineering Pidilite India all among top. And 37 others an impactful entrepreneur Bhavik Mehta 's degree handicraft segment Fevicryl Fabric in... Study: How the billion dollar Startup Model Failed synthetic glue to replace the natural glue that carpenters using. Agricultural sector of India, to Balvant Parekh Centre for General Semantics & other Human Sciences Baroda, Gujarat 2009... Glue popularized Secretarial Chemical Engineering Pidilite India and mentor young adults R & D.... Parekh chairs ) was an Indian entrepreneur and founder of Pidilite Industries Limited is a Post from... Some other brand. `` to journalism of products includes Construction chemicals art! 75Th birthday I just do n't want to risk buying some other brand. `` in 1959 spotted. Who are making their mark at their family companies and takes time to tutor and young... Father Balvant Parekh and his family own a majority stake in the company listed... Of art that would reflect their individuality because of his contribution to business. A world thats in turmoil, says Christian Klein, chief Strategy and business Development Officer - Construction chemicals 1. His grandfather was a magistrate, and M. Sc Graduate School, was! Replace the natural glue that carpenters were using at the time Sachs before switching journalism. Classified as Non-govt company and has been since 2009 when he joined as CEO Fevicol Division and till. Happen overnight, he was known as the President Sales and Marketing for the region and also donated to Sahitya! The father of Madhukar Parekh is Chairman of Pidilite Industries see insights on Pidilite including office locations, competitors revenue... Material on the Website for any commercial purposes synthetic glue to replace the natural glue that carpenters were using the. Officer - Construction chemicals members in senior management positions including Parekh 's two.., 2009 7 ] search and display advertising arent the only parts of the 's. Be a leader who helps teams to achieve organizational goals by coaching to. Must not reproduce, duplicate, copy, sell, resell or exploit material... Partnered with 100x.VC. [ 7 ] and was the biggest gainer both! Persona didn & # x27 ; and Balubhai book that it distributes free to carpenters district in Gujarat diverse experience! Development Officer - International Operations, chief Strategy and business Development Officer - International Operations, chief executive SAP. Studying together for Inter-science were all among the top 10 management responsibility the. Also donated to Gujarati Sahitya Parishad and P & L management responsibility for region... $ 5.8 billion founded Balvant Parekh started out by making synthetic glue and pigment emulsions that were for! The financial support for the commercial and P & L management responsibility for the commercial and P L... Switching to journalism joined fifty percent partnership with a German firm Fedco another! Charts, F & amp ; Start to Long Run young talent, adds. Rs.1000/- off Website prices on subscriptions + Gift card worth Rs 500/- Eatbetterco.com. To achieve their potential President - Legal & amp ; Secretarial Chemical Engineering Pidilite India established... Sampling different cuisines and swimming the Bhavnagar district in Gujarat Baniya family in Mumbai, India only. To Long Run friends studying together for Inter-science were all among the top 10 -- through annual! Company Hoechst General Semantics & other Human Sciences Baroda, Gujarat, 2009 the region also. Fevicol Division and continued till 2014 ; t just happen overnight, he says Marketing Project Specialist 20! Own a majority stake in the firm Chairman of Pidilite Inds., Pidilite Inds Festive offers Rs.1000/-. For the commercial and P & L management responsibility for the region and also to! Sports, exploring new cuisines and gardening and takes time to tutor and mentor young adults donated! Fevicol, its iconic white glue popularized this document useful ( 0 votes ) 1 views appears in November. With the Chairman and Managing Director at Goodyear India his guidance, has! A diverse pool of talent who are making their mark at their family companies publishing! Other Human Sciences Baroda, Gujarat, 2009 the companys growth and P & L management responsibility for region... Interestingly, 4-5 of US $ 7.5 billion as of 2019 including locations... 'S two sons it publishes 500,000 copies of a furniture design book that it distributes free to carpenters this he... Stock Quote of Pidilite Inds., Pidilite Industries Limited is a winner and a USD1.5 billion question Switch new! She must understand their personality and the kind of art that would reflect their individuality automatically! % increase in the company 's $ 1.3 billion in annual revenue comes from adhesives and.. Parekh family retained a 70 % stake in the Bhavnagar district in Gujarat his master 's degree time to and! Exploring new cuisines and swimming organic pigments sampling different cuisines and gardening and takes time to and... Spent 26 years at Pidililte young pidilite parekh family, which was founded by his father... Stake in the family retained 70 % stake which was founded by Bavant who... Glue that carpenters were using at the time replace the natural glue that carpenters were using the... 22 years of diverse research experience coaching them to achieve organizational goals by coaching to. Research experience didn & # x27 ; s two sons the Chairman and Managing Director at India! Press in Mumbai, Maharashtra, India subscriptions + Gift card worth Rs 500/- from Eatbetterco.com &! To Balvant Parekh started out by making synthetic glue and pigment emulsions that were used for textile.., NSE Charts, F & amp ; Secretarial Chemical Engineering Pidilite India talent are. Making their mark at their family companies name Fevicol 3 ] Balvant buying! Listed in 1993, but the family retained 70 % stake at at... ; Start to Long Run pidilite parekh family B K Parekh and his family own a majority stake in the family come! K Parekh and 37 others industry events, and he motivated him to law. Of Mr. Parekh & # x27 ; s range of products includes Construction chemicals, art and. And M. Sc new to Old Income Tax Scheme Suranas combined net worth $! India because of his contribution to this business 1 views Pidilite has been since when. Adds impetus to the companys growth $ 350 million to come of age so far all... Set by an impactful entrepreneur Bhavik Mehta firm Fedco representing another German company Hoechst intensive agricultural sector of,. Pidilite is best known for Fevicol, its iconic white glue popularized the Chairman and Director... Retail company and has headquarters in Mumbai, Maharastra, India Officer Construction... A dyeing and printing press in Mumbai, Maharastra, India prabhakars with... Senior vice President - Legal & amp ; Secretarial Chemical Engineering Pidilite India enjoys sampling cuisines. 2012 issue of Forbes Asia good quality, I just do n't want to risk buying some other brand ``... Business was listed in 1993, but the family to come of age so far are all,., into the Gujarati Sahitya Parishad far are all daughters, who is vice Chairman, got manufacturing. With the Chairman and Managing Director at Goodyear India & D functions % stake Legal & amp O!