India's Richest People 2026 edition · Source: Hurun India
Rank#1,482- Wealth
- ₹1,400 Cr
- Company
- Flair Writing Industries
Current companies 5 active board seats
Past companies 11 historical roles
Total affiliations 16 Since May 1994
Shareholding value •••• Premium profile
About Khubilal Jugraj Rathod
Data last updated:
Khubilal Jugraj Rathod is a Whole-Time Director at Flair Writing Industries Limited (since 2016), Director at Flair Writing Equipments Private Limited (since 2019) and Director at Pentel Stationery (India) Private Limited (since 1999), and holds 2 more current directorships. The companies operate in Plastics, Education and Non-Profit Organizations. The 4 current companies with reported revenue have a combined latest revenue of ₹1,496 Cr; the largest is Flair Writing Industries Limited at ₹1,271 Cr (FY 2026). Earlier, Khubilal Jugraj Rathod was a Director at Mewar Polytex Limited (1995–2014) and Director at Flair Pens Limited (2020–2025) and 9 more.
Khubilal Jugraj Rathod and family are #1,482 among India's richest people (2026), with wealth of ₹1,400 Cr.
DIN 00122867
Primary Designation Whole-Time Director
Industry Plastics
First Appointment 11 May 1994
Oldest Company Age 56 yrs
Largest company Flair Writing Industries Limited · ₹1,271 Cr (FY 2026)
Combined revenue ₹1,496 Cr across 4 companies
Recognitions & Rankings
Current companies
| Company | Designation | Appointment | Founded | Revenue | Status |
|---|---|---|---|---|---|
 Flair Writing Industries Limited L51100MH2016PLC284727 | Whole-Time Director | 12 Aug 2016 | 2016 | ₹1,271 Cr (FY 2026) | Active |
| Flair Writing Equipments Private Limited U36991DD2019PTC009856 | Director | 04 Nov 2019 | 2019 | ₹149 Cr (FY 2025) | Active |
_PRIVATE_LIMITED.webp){kind=small} Pentel Stationery (India) Private Limited U36991MH1999PTC120421 | Director | 21 Jun 1999 | 1999 | ₹75.59 Cr (FY 2025) | Active |
 Writing Instruments Manufacturers Organisation (India) U91110MH1995NPL094499 | Managing Director | 15 Nov 1995 | 1995 | ₹1.23 Cr (FY 2025) | Active |
| Raymak Pens Llp AAV-4448 | Partner | 13 Jan 2021 | 2021 | Active |
Previous companies
| Company | Designation | Appointment | Founded | Revenue | Status |
|---|---|---|---|---|---|
 Mewar Polytex Limited U25201RJ1979PLC001879 | Director | 27 Jan 1995 | 1979 | ₹335 Cr (FY 2025) | Active |
| Flair Pens Limited U70100MH1994PLC083255 | Director | 28 Dec 2020 | 1994 | ₹1.86 Cr (FY 2023) | Active |
| Renox Stainless Steel India Private Limited U82920MH2010PTC203497 | Director | 26 May 2010 | 2010 | ₹35 Lakh (FY 2024) | Active |
| Ajay Plastics Private Limited U25200MH1970PTC014653 | Director | 11 May 1994 | 1970 | Amalgamated | |
| Flair Pen And Plastic Industries Private Limited U74999MH2016PTC280157 | Director | 25 Apr 2016 | 2016 | ₹173 Cr (FY 2017) | Amalgamated |
| Flair Stationeries Private Limited U74999MH2016PTC280350 | Director | 29 Apr 2016 | 2016 | ₹14.72 Cr (FY 2017) | Amalgamated |
| Flair Impex Industries Private Limited U74999MH2016PTC280991 | Director | 12 May 2016 | 2016 | ₹22.77 Cr (FY 2017) | Amalgamated |
| Flair Writing Instruments Private Limited U74999MH2016PTC281318 | Director | 19 May 2016 | 2016 | Strike Off | |
| Flair Distributor Private Limited U74999MH2016PTC289111 | Director | 30 Dec 2016 | 2016 | ₹13.2 Lakh (FY 2022) | Amalgamated |
 Flair Pens And Stationery Industries Private Limited U74999MH2016PTC301744 | Director | 29 Apr 2016 | 2016 | ₹115 Cr (FY 2017) | Amalgamated |
| Flair Pen And Plastic (Uk) Private Limited U74999MH2016PTC301790 | Director | 11 May 2016 | 2016 | ₹44.02 Cr (FY 2017) | Amalgamated |
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Board colleagues of Khubilal Jugraj Rathod
Directorship timeline
Open interactive timeline →Raymak Pens Llp
Flair Writing Industries Limited
Ajay Plastics Private Limited
Flair Writing Equipments Private Limited
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Shareholding and investment profile for Khubilal Jugraj Rathod
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Frequently Asked Questions about Khubilal Jugraj Rathod
Khubilal Jugraj Rathod currently holds 5 directorships: Flair Writing Industries Limited (Whole-Time Director, since 12 Aug 2016, revenue ₹1,271 Cr (FY 2026)); Flair Writing Equipments Private Limited (Director, since 04 Nov 2019, revenue ₹149 Cr (FY 2025)); Pentel Stationery (India) Private Limited (Director, since 21 Jun 1999, revenue ₹75.59 Cr (FY 2025)); Writing Instruments Manufacturers Organisation (India) (Managing Director, since 15 Nov 1995, revenue ₹1.23 Cr (FY 2025)); Raymak Pens Llp (Partner, since 13 Jan 2021).
Khubilal Jugraj Rathod was first appointed on 11 May 1994 as Director at Ajay Plastics Private Limited. The most recent appointment on record is 13 Jan 2021 at Raymak Pens Llp.
The 4 current companies of Khubilal Jugraj Rathod that report revenue have a combined latest revenue of ₹1,496 Cr: Flair Writing Industries Limited ₹1,271 Cr (FY 2026); Flair Writing Equipments Private Limited ₹149 Cr (FY 2025); Pentel Stationery (India) Private Limited ₹75.59 Cr (FY 2025); Writing Instruments Manufacturers Organisation (India) ₹1.23 Cr (FY 2025).
Khubilal Jugraj Rathod held 11 earlier board appointments: Mewar Polytex Limited (Director, 27 Jan 1995 to 30 Jul 2014); Flair Pens Limited (Director, 28 Dec 2020 to 10 Jun 2025); Renox Stainless Steel India Private Limited (Director, 26 May 2010 to 04 Dec 2017); Ajay Plastics Private Limited (Director, from 11 May 1994); Flair Pen And Plastic Industries Private Limited (Director, from 25 Apr 2016); and 6 more.
The current boards of Khubilal Jugraj Rathod's companies include Alpesh Ambalal Porwal (Flair Writing Industries Limited), Deven Bipin Shah (Flair Writing Industries Limited), Manoj Vinod Lalwani (Flair Writing Industries Limited), Mohit Khubilal Rathod (Flair Writing Industries Limited), Punit Saxena (Flair Writing Industries Limited), Rajesh Khubilal Rathod (Flair Writing Industries Limited), among others.