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The name Dempo has been an inseparable part of Goan history, going back in time at least half a millennium. The Sinai Dempos were known then for their large-scale agriculture, imports and trading in diverse products, as also underwriting.
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The Dempo Business House broke ground in 1941 with its pioneering iron ore mining and export venture V S Dempo & Co. Pvt. Ltd. founded by late Vasantrao S. Dempo and his brother late Vaikunthrao S. Dempo. There has been no looking back ever since.
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With its range of businesses, and the Group’s enduring CSR endeavours the Dempo involvement in the socio-economic make-up of Goa is broad and deep. Today, Dempo continues, as a forward-looking conglomerate, to inspire trust, regionally, and globally.
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Following are the group companies running under the umbrella of Dempo Group of Companies:


  • Dempo Ship Building and Engineering Pvt. Ltd.
  • Goa Carbon Ltd.
  • Dempo Industries Pvt. Ltd.
  • Aparant Iron and Steel Pvt. Ltd.
  • Hindustan Foods Ltd.
  • Dempo Travels Pvt. Ltd.
  • Dempo Sports Club Pvt. Ltd.
  • Audio Visual Media Goa (Goa 360)
  • Devashri Nirman LLP
  • Modest Infrastructure Pvt. Ltd.
Shrinivas Dempo 1

Shrinivas V. Dempo was born on 2nd February, 1969 in Mumbai into a Goan family that has had a history of five and a half centuries of business interests and social responsibility behind it.

Shrinivas is the chairman of Goa’s leading business house, Dempo, whose modern-era activity was pioneered by his grandfather, the late Vasantrao S Dempo in the year 1941, with support from his great –uncle, the late Vaikunthrao S Dempo. The businesses were consolidated by his father, the late Vasudeva V. Dempo. The Group’s activities cover calcined petroleum coke production, shipbuilding, newspaper publishing and electronic media, food processing, real estate development, sports promotion, the travel business, renewable energy generation and mining.

Shrinivas Dempo was called upon to lead the family business from the year 1998, using his post-graduate management education in Industrial Administration received at Carnegie Mellon University, USA, to give a new direction to the business group. His stewardship has been marked by expansion of existing businesses, benchmarking of products and processes to international standards, introduction of progressive people management systems, enterprise resource planning, corporate sustainability reporting and the deepening of corporate social responsibility.

The Group’s extensive engagement with Goan society covers institutions and programmes of higher education, cultural enrichment, environmental conservation, sporting excellence and affirmative action, hardly surprising in view of Shrinivas Dempo’s ardent identification of himself and his family with Goan concerns.

The philanthropic attitude of the House of Dempo saw the foundation of the Dempo Charities Trust (DCT). The establishment of DCT emphasis the tremendous interest of the House of Dempo in educational advancement for people of Goa. The Dempo Charities Trust today manages five educational institutions which include:
Srinivasa Sinai Dempo College of Commerce and Economics, Altinho, Panaji.
Dhempe College of Arts and Science, Miramar.Vasantrao Dempo Higher Secondary School of Arts and Science, Miramar
Voicuntrao Sinai Dempo Higher Secondary School of Commerce, Miramar.Dempo High School of Science, Miramar.
The Trust also contributes significantly to the promotion of art and culture in the state of Goa and provides funding assistance for encouraging research in various disciplines. It has instituted number of scholarships for the benefit of student community and provides support to the co-curricular activities of all its institutions.

Following are the members of the Governing Board of the institution

  1. Shri Shrinivas v.Dempo   -Chairman
  2. Smt. Pallavi S.Dempo   -Member
  3. Dr. Damodar Bhonsule   -Member
  4. Shri. G.R. Sardesai   -Member
  5. Dr. M. M. Modassir   -Member
  6. Shri. G. Balasubramaniam   -Member
  7. Shri. Pandurang R.Nadkarni   -Member
  8. Dr. (Mrs.) Vrinda Borkar   -Member
  9. Dr. (Mrs.) Radhika Shrikant Nayak(Principal)   -Member
  10. Shri. Rajesh Bhatikar  -Member-Secretary

Following are the members of the Local Managing Committee of the institution

  1. Shir. Shrinivas V.Dempo
  2. Smt. Pallavi S. Dempo
  3. Shri. M. V. Rebello
  4. Shri. G. Balasubramaniam
  5. Shri. G. R. Sardesai
  6. Dr. Damodar Bhonsule
  7. Shri. P. R. Nadkarni
  8. Shri. Sunil Prabhudesai
  9. Ms. Nutan Nayak
  10. Dr. Pravin Gaonkar
  11. Shri. Uday Kamat
  1. Shir. Shrinivas V.Dempo
  2. Smt. Pallavi S. Dempo
  3. Shri. M. V. Rebello
  4. Shri. G. Balasubramaniam
  5. Shri. G. R. Sardesai
  6. Dr. Damodar Bhonsule
  7. Shri. P. R. Nadkarni
  8. Shri. Sunil Prabhudesai
  9. Dr. Harip Khanapuri
  10. Ms. Aruna Mesquita e Noronha
  11. Shri. Uday Kamar