A graduate of Calcutta University, since 1979, Bangur controlled Shree Cement, a North India-based cement producer company that is considered to be one of the leading in its field. © 2020 Celebrity Net Worth / All Rights Reserved, © 2015 Celebrity Net Worth / All Rights Reserved. Submit a correction suggestion and help us fix it! *Net worth as of February 17, 2020. Hailing from a business family from Kolkata, Bangur is currently the chairman of Shree Cement. Benu Gopal Bangur (born 1931) is an Indian billionaire businessman, and the chairman of Shree Cement. Benu then took personal control of Shree Cement, which he chairs. Home Shree Cement. By using our website you agree to our policies. The results are fact checked and confirmed by a team of editors and industry insiders. Shree Cement Q2 results: Net profit rises 68% to Rs 528 crore . DHFL lenders to elect new owner by Jan 15 IKEA India FY20 results: Net loss widens to Rs 720 cr; sales up 64.7% at Rs 566 cr Wall Street Week Ahead: 'Santa Claus rally' threatened by COVID-19 resurgence, Georgia elections Currently, he works for Shree Cement Ltd as the non-executive chairman. I wasn't sure how big this Cement Industry till in read the article on money control. That means that for every ₹1 worth of shareholders’ equity, the company generated ₹0.11 in profit. You may have spotted Jaguar taps and showerheads and Rajesh Mehra is the owner of the company. Shree has steadily delivered returns on the invested capital that are higher than one available in the alternative investment opportunities to its investors. Sustained value creation for all our shareholders using operational excellence and transparency in action. Our shareholders who have been with us since we went public in 1985 have seen their investment grow at an Internal Rate of Return (IRR) of 26.06% (as on 31st March, 2020). First time Capital increase since year 1997. In the last 15 years, its share price has risen from ₹50 to ₹18,500, at a compounded growth rate of 48.3 percent, making it the best performing cement stock in India. After a family split in 1992, he inherited Shree Cement. Business Standard News: Check out Shree Cement Financial Results, Quarterly Results (Q1, Q2, Q3, Q4) & Yearly Results & more financial news from Business Standard | Page 1 !….i know only 7 richest people in kolkata sorry for that but i hope you will like it… List of Richest People In Kolkata 1. Here is the list of top 10 billionaires in India. Shree has many family members and … Net Worth: $850 million: Hometown: Kolkata: Age: 80: Marital Status: Widower, 2 children: Born into a prominent business clan in Kolkata, he inherited Shree Cement in 1992 after family split. Net Worth: 1833.24 Cr: 12936.42 Cr: 21.58%: Market Cap: 8228.03 Cr: 63308.54 Cr: 22.64%: Qualified Institutions Placement (QIP) in Nov-2019 of. All Rights Reserved. Bangur Cement is one of the leading cement manufacturing company in … Until January 2012, he served as the company's executive chairman. bro!! Shree Cement Ltd: Net Worth (%) 12.00: Debt ((%) 3,160.19: Working Capital ((%) 3,664.68: UltraTech Cement Ltd: Net Worth (%) … We work diligently to ensure that our numbers are the most accurate celebrity net worth data you will find anywhere on the internet. Born in 1932, he made his fortune as a member of eminent business family. Shree maintains relationships with many people -- family, friends, associates, & neighbors -- including James Mennel, Tony Cochran, James Grimes, Kathleen Maled and Lee Atkins. Singh, aged 89, left an army posting to take over a property firm owned by his father-in-law. In April, May and June, the equity value of the company was up by 2.20%, 3.44% and 10.79% respectively owing to strong fundamentals. As the industry gears up for an unprecedented year because of the impact of the COVID-19 pandemic, we believe that our policies and practices will keep us steady and we will be able to maintain investors' confidence in the company. Larsen & Toubro Limited, commonly known as L&T, is an Indian technology, engineering, construction, manufacturing and financial services conglomerate headquartered in Mumbai, Maharashtra, India. read more We have progressively augmented shareholder value the focus of all the metrics as reflected in market capitalisation of the Company, net worth, or EPS. Shree Viswanatha lives in Solon, OH; previous city include Cleveland OH. We know that Shree is single at this point. Shree Cement is led by India's 10th Richest Man, Benu Gopal Bangur. Currently, he works for Shree Cement Ltd as the non-executive chairman. The Top 4 Cement … Qualified Institutions Placement (QIP) in Nov-2019 of, 2,400 Crore Currently, Bangur lives in 51, 000 square feet huge mansion in Kolkata that holds a gym, home theater and temple dedicated to Lord Venkatesh, a Hindu god. Industrialist Gautam Adani, who leads the diversified Adani Group, food and beverages tycoon Ravi Jaipuria and Shree Cement founder Benu Gopal Bangur also gained in net worth from the previous year. Benu Gopal Bangur Net Worth: Benu Gopal Bangur is an Indian entrepreneur who has a net worth of $2.1 billion. The ‘return’ is the amount earned after tax over the last twelve months. The Bangur business empire came into existence in the year 1979 . Consistent and stable business performance along with the highest standards of corporate governance over a long period of time, has enabled us to earn investors' trust. Bangur is 330th in the world billionaires’ list according to Bloomberg Index. Shree Cement's policy framework has been designed to institutionalise the principles that the company stands for and to ensure uniform accountability towards all its stakeholders. Shree Cement is the fourth biggest in terms of revenues, behind Ambuja Cement and ACC – but Shree Cement is India’s second most-valued cement company in terms of market capitalisation.. Benu Gopal Bangur | The 89-year-old owns a majority stake in Shree Cement and has a net worth of $ 6.5 billion. © 2020 Shree Cement Limited. Chairman - Shree Cement Net Worth - $7.7 Billion Benu Gopal Bangur, Chairman of Shree Cement | Richest man in India. A look at the top 30 of the richest people in the country, according to the Forbes India Rich List 2020. Recently I read this article and was surprise to see the growth. Sometimes Shree goes by various nicknames including Shree Gowri Viswanatha, Shree Gowri Viswantha and Shree G Viswanatha. Shree Cement among the few companies that has given 780 times returns to its investors, compounding … Shree Cement NSE 2.16 % Ltd reported a 68.4% rise in consolidated net profit at Rs 527.87 crore during the September quarter of FY 21, as against a net profit of Rs 313.30 crore during the same period last year led by better realisations and cost savings. Ultratech Cement is the industry leader in the cement sector, generating revenues in excess of ₹ 35000 crore last financial year. It was founded by two Danish engineers taking refuge in India. Shree Cement is an Indian cement manufacturer founded in Beawar, Ajmer district, Rajasthan, in 1979.Now headquartered in Kolkata, it is one of the biggest cement makers in Northern India.It also produces and sells power under the name Shree Power (Captive Power Plant) and Shree Mega Power (Independent Power Plant). Mumbai: Shree Cement NSE -2.78 % Ltd reported a 68.4% rise in consolidated net profit at Rs 527.87 crore during the September quarter of FY 21, as against a net profit of Rs 313.30 crore during the same period last year led by better realisations and cost savings . Moreover, he serves as the Chairman of NBI Industrial Finance Co Ltd., and the Director of The Didwana Industrial Corporation Ltd., Digvijay Finlease Ltd., and Khemka Properties Pvt. Industrialist Gautam Adani, who leads the diversified Adani Group, food and beverages tycoon Ravi Jaipuria and Shree Cement founder Benu Gopal Bangur also gained in net worth from the previous year. Born: 1931 (age 88–89) Nationality: Indian: Education: Calcutta University: Occupation: Businessman: Known for: Heir, member of Bangur family: Net worth: US$6.3 billion (February 2020) Title: Chairman, Shree Cement… (Image: Reuters) Kushal Pal Singh | The property is a legend in the realty sector. The firm, DLF, reshaped the real … Wipro's Azim Premji was the distant second with a net worth of $19 billion, moving up two places from last year, while Sun Pharma's Dilip Shanghvi slipped from his earlier second place to the ninth now (USD 12.1 billion) on Forbes magazine's annual 'India Rich List 2017'. All net worths are calculated through the combination of a robust methodology and a proprietary algorithm. 11 Nov 2020. Until 2002, Bangur served as the executive chairman, when he handed over his position to his son Hari Mohan, a chemical engineer, and now, Bangur serves as the non-executive chairman. He has a $3.1 billion stake in Shree, which makes up most of his $3.4 billion … Shree Cement is owned by the Bangur family and chairman Benu Gopal Bangur’s net worth is around $645 crore. On the stock exchange, the equities of Shree Cement retailed at the highest price of Rs.13,165.10 and at the lowest price of Rs.9,399. His net worth has been valued at $6.4 billion by Forbes as of February 9, 2020. Maria Helena Moraes Scripilliti Net Worth. Benu Gopal Bangur. So, based on the above formula, the ROE for Shree Cement is: 11% = ₹15b ÷ ₹132b (Based on the trailing twelve months to June 2020). Benu Gopal Bangur Net Worth: Benu Gopal Bangur is an Indian entrepreneur who has a net worth of $2.1 billion. The Shree Cement stock also gained demand amid investors. Will keep East Bengal's legacy intact and bring back glory days: Shree Cement owner 03 Sep, 2020 Kolkata, Sep 3 (PTI) East Bengal will figure prominently in the new name and its jersey colour won't be tinkered with, owner of Shree Cement Hari Mohan Bangur, who has acquired a majority stake in the iconic club, said on … Gopal Bangur is the owner of Shree Cement, the leading cement producer in India. We use cookies to understand how people use our website. We have steadily delivered returns on the invested capital, progressively augmenting shareholder value. Indian businessman Benu Gopal Bangur has an estimated net worth of $6.48 billion as of July 2017, according to Bloomberg. Taking into account various assets, Shree's net worth is greater than $100,000 - $249,999; and makes … Born in 1932, he ... After a family split in 1992, he inherited Shree Cement. Ltd. Cement czar Benu Gopal Bangur is the Chairman of Shree Cements Limited. Indian businessman Benu Gopal Bangur has an estimated net worth of $6.48 billion as of July 2017, according to Bloomberg. Shree Cement Q2 results: Net profit rises 68% to Rs 528 crore Shree Cement NSE 216 % Ltd reported a 684% rise in consolidated net profit at Rs 52787 crore during the September quarter of FY 21, as against a net profit of Rs 31330 crore during the same period last year led by better realisations and cost … Summary: Shree Viswanatha's birthday is 07/18/1977 and is 43 years old. Share price of Shree Cements Ltd. jumps as Sensex drops 33.41 points, Shree Cement Q2 results: Net profit rises 68% to Rs 528 crore, Shree Cement among the few companies that has given 780 times returns to its investors, compounding of 42%. The company has business interests in basic and … ... 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