Rajasthan Patrika
Rajasthan Patrika was launched more than 60 years ago in the year 1956 by Karpoor Chandra Kulish. It is one of the oldest newspapers in India. Patrika Group has presence in 9 states with 38 editions, in addition to the Rajasthan Patrika which is a Hindi language newspaper that has presence across 34 cities in eight states with 250 editions. Outside Rajasthan, the paper is just known as Patrika. According to the Indian Readership Survey (IRS) 2017, Rajasthan Patrika is the seventh most read newspaper in India across languages with a readership of 16.32 million. The paper is also the fifth most read Hindi newspaper in the country.
Today the paper is headed by the founder’s grandsons – Nihar and Siddharth Kothari while Gulab Kothari continues to be the Editor-in-Chief of the newspaper. The parent company, Patrika Group has forayed into various other businesses including digital, radio, television, events, etc.
Audience Share
2.65%
Ownership Type
Private
Geographic Coverage
National
Content Type
Paid
Media Companies / Groups
The Patrika Group
Ownership Structure
Rajasthan Patrika is owned and managed by Rajasthan Patrika Private Limited. Shares of Rajasthan Patrika Private Limited are divided among 33 Individuals and 1 Company.
Kothari Family owns 98.04% share of Rajasthan Patrika Private Limited both directly and through one subsidiary: Patrika Finance Private Limited. The remaining 1.96% shares are owned by other individuals.
The direct shareholding of Kothari Family in Rajasthan Patrika Private Limited is 86.7% of which the major shareholders are Nihar Kothari (34.35%), Siddharth Kothari (34.35%),
Gulab Kothari (4.34%), Milap Kothari (4.27%), Manjula Kothari (3.97%), Kalpana Kothari (3.72%) and the remaining 1.67% shares are with other members of the family.
Patrika Finance Private Limited owns 11.78% share of Rajasthan Patrika Private Limited. Kothari family is the major shareholder of Patrika Finance Private Limited and owns 96.32% share of the company. Siddharth and Nihar Kothari hold major share of the company which is 26.32% shares each followed by Gulab Kothari (17.15% share), Kalpana Kothari (12.68% share), Manjula Kothari (3.68% share), Kusumbhi Seth (3.68% share), Milap Kothari (3.50% share) and Padmasana Kothari (2.94% share). The remaining 3.68% share is owned by Manjari Singhvi. Hence through Patrika Finance Private Limited Kothari family owns 11.34% share of Rajasthan Patrika Private Limited.
Overall the Kothari Family owns 98.04% share of Rajasthan Patrika Private Limited.
Voting Rights
Missing Data
Individual Owner
Group / Individual Owner
Other minority shareholders
The remaining 1.96% shares are owned by other individuals.
General Information
Founding Year
1956
Affiliated Interests Founder
is the founder of Rajasthan Patrika. He started his career as a journalist before launching his own newspaper, Rajasthan Patrika. Kulish is known for his enthusiasm towards Hindi language and is credited with upholding journalistic credentials throughout his stint as the owner of Rajasthan Patrika.
He won multiple awards including B.D. Goenka Foundation award for "Outstanding Contribution in the Indian Language Newspaper" in 1990, Ganesh Shankar Vidyarthi Award in 2000, The Hindi Sahitya Sammelan, a Government of India organization that promotes Hindi language, awarded him the highest honour of “Prayag Sahitya Vachaspati’ to name a few. He was also felicitated by the then Prime Minister of India, Chandra Shekhar, for his literary and journalistic contributions at the golden jubilee of the All India Editors’ Conference in 1991. India Post released a stamp commemorating Kulish on 16 May 2012.
Affiliated Interests Ceo
is the Managing Director and the Executive Editor of Patrika. He is an Indian Institute of Management (IIM) Graduate, and has done a course in Media Management from Medill School of Management. He has been in this position since 2002. Nihar Kothari drives the company’s new businesses and social ventures. Nihar Kothari is also the Director of other Group companies including Patrika Media (India) Private Limited, Sky Media Private Limited, Jaimor Limited, Patrika Online Private Limited, Patrika Finance Private Limited, and Gray Matter Infotech Private Limited.
Affiliated Interests Editor-In-Chief
the son of Karpoor Chandra Kulish, is at present, the Editor-in-Chief of Rajasthan Patrika. He is also the Group Chairman of the Patrika Group. Dr. Gulab Kothari is the recipient of D. Litt. in Philosophy from the Intercultural Open University, Netherlands. As a recognition to his contribution to social excellence, the OkiDo Global Research Institute, Italy conferred a special honour on Kothari with a Doctor of Philosophy title. Kothari has also authored many books in English and Hindi. He writes on aspects of human life and journalistic communication from the prism of Vedas, the holy scriptures of Hindu religion.
Gulab Kothari is also a recipient of several awards. He is the winner of Moortidevi Award-2011, Honorary Doctorate of Literature from Amity University, Jaipur. He has also been awarded PhD in administration from Universidad Central de Nicaragrua (UCN) and Universidad Azteca (UA).
Gulab Kothari also holds the position of Director in many companies including, Sanchai Constructions Private Limited, Parasnath Builders Private Limited, Patrika Online Private Limited, and Patrika Finance Private Limited.
Affiliated Interests other important people
the younger son of Gulab Kothari, is the Additional Managing Director & Joint Editor of Patrika. He has his Post Graduate degree from the Indian Institute of Management (IIM) Ahmedabad and Harvard Business School. Siddharth Kothari is credited with the Group’s print expansions in the central Indian states of Madhya Pradesh and Chhattisgarh. He has also overseen the Group’s diversification into other business verticals including FM Radio, Out-of-Home Advertising (OOH), various news services and Bollywood news.
Siddharth Kothari is also a Director in many companies including Patrika Media (India) Private Limited, Sky Media Private Limited, Jaimor Limited, Den Sky Media Network Private Limited, Gray Matter Infotech Private Limited, Bollywood News Service Private Limited, and Media Research Users Council.
Contact
Rajasthan Patrika Private Limited
Kesargarh, J.L.N. Marg,
Jaipur – 302004, Rajasthan
T: +91-141-39404142, 3005662
Website: www.patrika.com/rajasthan-news/
Financial Information
Revenue (in Mill. $)
Missing Data
Operating Profit (in Mill. $)
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Advertising (in % of total funding)
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Market Share
Missing Data
Further Information
Meta Data
The main website of the Patrika group does not give the names/profiles of the top management or board of directors. The data related to shareholding sturcture was taken from the filings available in the Ministry of Corporate Affairs website. MOM team had sent an email on the 23rd January 2019 followed by a letter on the 1st February 2019 to Rajasthan Patrika to confirm the data given in the document.
