Pradeep Rathod is an Indian businessman and the chairman of Cello World, which was founded by his father Ghisulal Rathod. He became a billionaire after the company’s public listing in November 2023.
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Wiki/Biography
Pradeep Ghisulal Rathod was born on Saturday, 23 January 1965 (age 58 years; as in 2023) in Mumbai, Maharashtra. Their zodiac sign is Aquarius.
Physical Appearance
Height (Approx): 5′ 9″
Hair Color: Black
Eye colour: black
Family
Pradeep Rathod belongs to a Jain family, hailing from Sadri town in Pali district of Rajasthan.
parents and siblings
Pradeep Rathod’s father Ghisulal Dhanraj Rathod was the founder of Cello World, who died in 2020. His mother’s name is Pampubenji Rathod. Rathod’s younger brother, Pankaj, is the joint managing director of Celo.
Standing (left to right) Pankaj Rathod, Pradeep Rathod, Gaurav Rathod and Ghisulal Rathod (on chair)
Pradeep Rathod with his family
wife and children
Pradeep’s wife, Sangeeta Rathore, is part of the promoter group of Cello’s Vim Plast Ltd. His son, Gaurav, is the joint managing director of Cello. He is married to Ruchi Rathod. Pradeep’s daughter Karishma Rathod is a non-executive director of Cello Vim Plast Limited.
Pradeep Rathod with his wife
From left to right Pradeep Rathod, Sangeeta Rathod, Karishma Rathod’s husband, Karishma Rathod
Gaurav Rathod, Joint Managing Director of Cello
livelihood
Pradeep Rathod is the Chairman and Joint Managing Director of Cello World, a company specializing in kitchenware and other home products. He joined the company at the age of 18. The company was founded by his father Ghisulal Rathore in 1962 in Mumbai. Pradeep Rathod is often called the Casserole King by media houses as the cello world is famous for its casseroles. Originally, the company focused on manufacturing PVC shoes and bangles and diversified into making casseroles in the late 1980s. The inspiration to create the casserole came from Ghisulal Rathod’s visit to America, where he observed people using small round-shaped plastic containers to preserve the heat of perishable items. Upon his return, Ghisulal introduced pulao to the Indian market. Furthermore, the company has a product portfolio in three major categories – consumer home goods, writing instruments and stationery, and molded furniture and related products. In 2017, it ventured into glassware and opal ware business.
Pradeep Ghisulal Rathore, Chairman cum Managing Director of Cello World
On 7 October 1988, he became the Managing Director of Vim Plast Limited, a BSE-listed company famous for manufacturing plastic furniture under the Cello brand. He is also the promoter of Vim Plast Limited. He became the director of Sunkist Molders Private Limited on 18 April 1990. On 21 January 1991, he took over as Director of Cello International Pvt. Ltd. After becoming director of Celo Infrastructure in 2006, he took over as director of two companies, Celo Capital and Celo Pen & Stationary, in 2008. Other companies in which he holds directorships include R&T Housewares, Unomax Pens & Stationary, Unomax Sales & Marketing and Deepgaurav Multitrade. On 6 November 2023, Celo World made its stock market debut with a market value of over Rs 16,800 crore ($2.2 billion). As the stock soared 22% on its debut, it made the company’s chief promoter Pradeep Rathod a billionaire. Rathore’s 44% stake in the company was worth $1 billion (Rs 8,239 crore). Overall, the Rathore family holds a little over 78% of the company.
Left to right Kaushal Shah, MD and Head Capital Markets, KMCCL, Coonoor Bavishi Sr. VP, HFL Securities Ltd., Rahul Choudhary, Director, Equity Capital Markets, JM Financial Ltd., Pradeep Rathod, Chairman and Managing Director, Celo World Ltd., Atul Paro
net worth
In 2023, Rathod’s ownership of 44% stake in Celo World was worth $1 billion (Rs 8,239 crore), marking his entry into India’s billionaire league.
Facts/General Knowledge
- Rathod serves as a trustee of the Badamiya Charitable Trust, which is committed to social and philanthropic endeavours.
- He holds the position of Chairman at JITO Administrative Training Foundation.
- He is also the Director of Tattva Foundation, which is committed to building an equitable society and currently focuses on public health and school education.
- He received the Best Entrepreneur Award at the Maharashtra Achievers Award (2018).
Pradeep Rathore received the Best Entrepreneur Award at the Maharashtra Achievers Awards (2018)
- He is the Director of the Organization of Plastic Processors of India (OPPI), which was established in 1984 to promote the healthy growth of the plastics processing industry in India.
Categories: Biography
Source: vcmp.edu.vn