Late Mr. Shiv Kumar Mansinghka belonged to Seth Pusa Lal Mansinghka family, the first group who started various mining and trading activities at Bhilwara. A Gold Medallist in M.Com from Rajasthan University, he was the Chairman of the Bank of Rajasthan Ltd, the first Bank set up at Bhilwara by his father. He was also President of Rajasthan Chamber of Commerce & Industry for more than 15 years, till his death. Mansinghka group had diversified interest in woollen yarn, mica, asbestos and other mineral mining, banking etc.