R amesh Jaisinghani is a key promoter and whole-time director of Polycab India, the country's largest manufacturer of wires and cables. He has been associated with the company since 1996, working alongside his late brother Inder Jaisinghani, who founded the business as a small trading firm in 1986. Ramesh has played a crucial role in Polycab's expansion from a B2B manufacturer into a leading consumer electricals brand (FMEG).
His wealth is derived from his substantial shareholding in Polycab India, which went public in a highly successful IPO in 2019. The company's portfolio now includes fans, lighting, switches, and switchgear, competing with major players like Havells. His son, Nikhil Jaisinghani, is also involved in the business as a director, ensuring the family's continued legacy in the Indian electrical goods market.
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Ramesh Jaisinghani is an Indian businessman whose fortune is derived from his stake in Polycab India (NSE: POLYCAB), a major manufacturer of electrical wires and cables.
Polycab was originally started by his older brother Inder as a trading firm in 1986. The company supplies a diverse range of products, from power cables to solar cables to optical fibre cables, serving the power, oil and gas and renewable energy industries.
Ramesh Jaisinghani's career is defined by his ownership role in the expansion of Polycab India. The company successfully diversified beyond cables in 2014, expanding into manufacturing products like electric fans, LED lighting, switches and switchgear.
The company went public in 2019, securing his fortune. His son, Nikhil Jaisinghani, sits on the board of Polycab, ensuring the family's continuing stake and governance.
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Polycab was started by his older brother Inder as a trading firm.
Polycab expanded into consumer products like fans and LED lighting.
The company went public.
Son Nikhil Jaisinghani sits on the board of Polycab.
Ramesh Jaisinghani's wealth is concentrated in his family's substantial stake in the publicly traded manufacturing giant, Polycab India.
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+0.21% | +$12.10M
-0.63% | -$17.03M
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