Prabhat Khabar
Prabhat Khabar is a Hindi language newspaper published by the Neutral Publishing House. The first edition was brought out in 1984 by Gyan Prakash, a member of the Indian National Congress party. Within the next few years, the paper was unable to sustain itself and was soon up for sale. In 1989, a wire rope making company called Usha Martin Group bought the newspaper, and has been the owners ever since. The paper is published and circulated mainly in the eastern part of the country including the cities of Ranchi, Jamshedpur, Dhanbad, Deoghar, Patna, Muzaffarpur, Bhagalpur, Gaya, Kolkata & Siliguri.
With a readership of 13.49 million, Prabhat Khabar is the tenth most read newspaper across languages, and the sixth most read Hindi newspaper in India, according to the Indian Readership Survey (IRS) 2017.
Audience Share
2.19%
Ownership Type
Private
Geographic Coverage
National
Content Type
Paid
Media Companies / Groups
Neutral Publishing House
Ownership Structure
Prabhat Khabar is owned and published by Neutral Publishing House Limited. Shares of Neutral Publishing House Limited are divided among 6 Individuals from Jhawar Family and 21 companies.
Individual shares of Neutral Publishing House Limited are divided as: Brij Kishore Jhawar (6.07%), Rajeev Jhawar (12.54%), Prashant Jhawar (19.05), Anupriya Jhawar (3.97%) and Anupama Jhawar (0.14%). Jhawar family holds directly 41.77% share of the company.
Among the companies, the major shareholders of Neutral Publishing House Limited are: Umil Share & Stock Broking Services Ltd (30.54%), Usha Martin Ventures Limited (11.37%), Peterhouse Investments India Limited (5.69%) and Usha Breco Limited (6.52%)
Brij Kishore Jhawar and Prashant Jhawar holds 50% stake each of Umil Share & Stock Broking Services Ltd and through this company owns 30.54% share of Neutral Publishing House Limited.
Jhawar Family holds 98% stake of Usha Martin Ventures Ltd limited and 96.79% stake of Peterhouse Investments India Limited through these companies owns 11.14% share and 5.50% share respectably of Neutral Publishing House Limited.
Jhawar family also holds 100% stake of Usha Breco Limited and through this company owns 6.52% share of Neutral Publishing House Limited.
Hence the total shareholding of Jhawar family in Neutral Publishing House Limited is 95.47%
Voting Rights
Missing Data
Individual Owner
General Information
Founding Year
1984
Affiliated Interests Founder
is the Founder of Prabhat Khabar. He published the first edition of the newspaper “Prabhat Khabar” (Morning News) in the year 1984 in Ranchi, in the state of Bihar (now, in Jharkhand). Ranjan was a member of the Indian National Congress Party and was a Member of Parliament in the Rajya Sabha (Upper House of Indian Parliament). Gyan Ranjan passed away in 1998.
Affiliated Interests Ceo
is the Managing Director of Neutral Publishing House, the company that publishes the Hindi newspaper, Prabhat Khabar. He is the son of Govind Ram Goenka, partner and publisher of Prabhat Khabar. According to his LinkedIn profile, he is also the Vice President of the Company and is in charge of finance, advertising and marketing. Kamal Kumar Goenka is the Director of U M Cables Limited, Narnolia Securities Limited, G. Raj and Company Consultants Limited.
Affiliated Interests Editor-In-Chief
is the Editor-in-Chief of Prabhat Khabar. Chaturvedi has 30 years’ experience in journalism and has been associated with brands like India Today, Sunday Observer, Dainik Jagran and BBC. Just before joining Prabhat Khabar, Chaturvedi was the Executive Editor of Amar Ujala, another major Hindi news daily. At Amar Ujala, he was credited with the expansion of the newspaper’s readership and circulation.
Contact
Corporate Office Prabhat Khabar
15-P, Kokar Industrial Area, Kokar, Ranchi – 834001, Jharkhand
Tel.: 0651-3053100
Fax: 0651-3053115
Website : www.prabhatkhabar.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
Headlines
Meta Data
The newspaper website does not have details of the Management or the Editorial Teams. The ownership structure was sourced from the registries of the Ministry of Corporate Affairs, Government of India. The company was written to, by email on the 9th May 2019 and by courier on the 10th May 2019, seeking confirmation of the data collected, and clarity on unavailable data. A response is awaited.
