Company Overview of CavinKare Pvt. Ltd.
CavinKare Pvt. Ltd. manufactures and markets personal care products. It offers shampoos, hair wash powders, coconut oil, fairness creams, deodorant and talcum powders, hair colors, creams, moisturizing lotions, hair dyes, and herbal powders. The company also offers milk and milk based products, such as milkshakes, ghee, curd, UHT milk, pasteurized milk, skimmed milk powder, butter, and idly batter; salted snacks, including namkeens and western snack offerings; pickles; snacks and pastes; and non-carbonated fruit drinks. In addition, it markets and distributes Adidas and Jovan personal care products, including perfumes, deodorants, and shower gels to departmental, modern trade, and mom and po...
No.12, Cenotaph Road
Chennai, 600 018
Founded in 1983
Key Executives for CavinKare Pvt. Ltd.
Founder, Chairman and Managaing Director
Joint Managing Director and Director
Executive Vice President of Finance & Accounts
Director and Chief Executive Officer of Personal Care & Foods Division
Executive Vice President of Supply Chain Management
Compensation as of Fiscal Year 2014.
CavinKare Pvt. Ltd. Key Developments
Varun Beverages And Devyani International May get Listed
Jun 5 14
Ravi Jaipuria is planning to launch an IPO (Initial Public Offering) for Varun Beverages Limited and Devyani International Ltd., held by RJ Corp Limited in 2015. Ravi Jaipuria has not specified the amount he is looking to raise, but said that this is the right time to tap the capital markets. Balaji Wafers Pvt. Ltd., Manpasand Beverages Ltd, and Cafe Coffee Day are also eyeing possible listing. While CavinKare Pvt. Ltd.’s promoter, C K Ranganathan said that the timing is right to step into the capital market, he said that he is not looking to list his firm. The official stated, “At least not for the next three years. We raised money last year from ChrysCapital and at the moment we are sufficiently funded.” Dhirendra Singh, Chairman and Managing Director, Manpasand Beverages, said that the need for capital coupled with the desire to give existing investors, SAIF Partners, an exit route is what prompted his decision to consider an IPO. “We have appointed Kotak Mahindra Capital and India Infoline to manage the issue. The IPO should be out in about six to eight months,” he said.
CavinKare Seeks Acquisitions
Nov 15 13
CavinKare Pvt. Ltd. is looking for acquisitions. CavinKare is strengthening its snack portfolio with retail and marketing initiatives and is also scouting for acquisitions to extend product portfolio.
Cavinkare Mulls Another INR 2.5 Billion In Funding
Jun 13 13
CavinKare Pvt. Ltd. seeks another INR 2.5 billion to fund its expansion plans before going public in 2014-2015. CavinKare intends to raise the funds to support its INR 1 billion investment for setting up a new unit for personal care business in eastern or western India, a dairy and snacks plant in northern India, brand building and research and development.
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