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Sandesh

Sandesh is a daily newspaper, published in the Gujarati language, from the states of Gujarat and Maharashtra. Said to be the first Gujarati newspaper in the state of Gujarat the first edition was published in pre-Independence India, in the year 1923. Today the paper has seven editions in the cities of Ahmedabad, Mumbai, Vadodara, Bhuj, Surat, Rajkot and Bhavnagar. There is also a weekly edition of the paper published from Chicago. With a readership of 10.35 million, the paper figures in the nineteenth position in the list of most read newspapers, and the second most read Gujarati newspaper, according to the Indian Readership Survey (IRS) 2017. The paper has had run-ins with various politicians over the years. Bahujan Samaj Party President (BSP), Mayawati, was allegedly featured in the paper, in a derogatory cartoon, for which the paper had to face prosecution. Maharashtra Navnirman Sena (MNS) chief Raj Thackeray has also criticised the paper for preferring to highlight the contribution of Gujaratis to Maharashtra, rather than that of Marathis.

Key facts

Audience Share

1.68%

Ownership Type

Private

Geographic Coverage

National

Content Type

Paid

Data Publicly Available

ownership data is easily available from other sources, e. g. public registries etc.

2 ♥

Media Companies / Groups

The Sandesh Ltd.

Ownership

Ownership Structure

Sandesh Newspaper is owned by The Sandesh Limited. The Sandesh Limited is a Listed company in National Stock Exchange. Shares of this company is divided among five individual promoters (23.48%), three Promoter Companies (51.33%) and Public (25.19%).

Among Individual Promoters Mr. Falgunbhai C. Patel owns 6.95% share of The Sandesh Limited, his wife Mrs. Pannaben F. Patel owns 3.24% share, his son Parthiv Falgunbhai Patel owns 13.15% share and Ritaben C. Patel owns 0.14% share. Hence the Patel family owns 23.48% direct share of The Sandesh Limited.

Among the Promoter group Companies Satyesh Prochem LLP owns 41.83% share, Saintfoin enterprise LLP owns 3.95% share and Scabious Enterprise LLP owns 5.56% share. Shares of all these three companies are not available but Mr. Falgunbhai C. Patel and his son Parthiv Falgunbhai Patel are the only partners of all the three companies, hence it can be inferred that both father and son are the main beneficiaries of these companies and through these companies own additional 51.33% share of The Sandesh Limited.

Patel family in total owns 74.81% share of The Sandesh limited and remaining 25.19% shares are owned by Public.

Voting Rights

Missing Data

Individual Owner

Group / Individual Owner

Public

25.19 shares of The Sandesh limited are listed in National Stock Exchange and owned by public - both individuals and companies.

25.2%
Media Companies / Groups
Facts

General Information

Founding Year

1923

Affiliated Interests Founder

Nandlal Bodiwala

No known affiliated interests were found on Nandlal Bodiwala.

Affiliated Interests Ceo

Falgunbhai Chimanbhai Patel

is the Chairman & Co-Managing Director of Sandesh Limited, the company that publishes the Gujarati news daily, Sandesh. He is a Commerce Graduate, and has done his Advance Management Studies in the USA. An experienced hand in Print Media, Patel has affiliated interests in the field of Chemicals, Real Estate, Investments and Stockholding. Some of the companies that Patel is a Director of are: Sandesh Digital Private Ltd, Autumnleaf Estates Private Limited, Dhanali Enterprise Private Limited, Satlon Enterprise Private Limited, Dhanali stock holdings Private Limited, Abad Adarsh Investments Private Limited, Sarvatra Chemicals Private Limited, among others He is also partner in Satyesh Prochem LLP, Sandesh Procon LLP, FSR Infracon LLP, Saintfoin Enterprise LLP and Scabious Enterprise LLP.

Affiliated Interests Editor-In-Chief

Falgunbhai Chimanbhai Patel

is the Editor of Sandesh newspaper. See above for more information.

Contact

THE SANDESH LIMITED

‘Sandesh Bhavan’, Lad Society Road,

B/h. Vastrapur Gam, P.O. Bodakdev,

Ahmedabad-380054 (Gujarat-India)

Tel.: +91 (079) 40004000

Fax: +91 (079) 40004242

Email: Sneha.jasani@sandesh.com

Website: sandesh.com

 

Financial Information

Revenue (in Mill. $)

Missing Data

Operating Profit (in Mill. $)

Missing Data

Advertising (in % of total funding)

Missing Data

Market Share

Missing Data

Further Information

Meta Data

The Sandesh Limited is a Listed company for which most of the data related to the outlet and the company was available through Annual report 2017-2018 and Ministry of Corporate affairs website. However, there is no much information available on Patel family members. Not much information is available about the Founder of the newspaper, except the name. The company was written to, by email on 13 May 2019 and a courier on the same day, seeking clarification on data collected, and details on missing data. A response is awaited.

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