About Colence
Colence is an Industrial Goods & Manufacturing company based in Delhi (India) founded in 2015. It manufactures PVC synthetic leather and sources fabrics for footwear and furniture sectors. It operates on a B2B model. The company has 36 employees. Its Indian entity Colence International Private Limited reported revenue of ₹29.27 Cr. Colence offers products and services including Artificial Leather, Fabric, Chemicals, and Release Paper. Its focus areas include Supply Chain, Sourcing, Raw Materials and Global Procurement. Its competitors include WoodenStreet, Italica, Boingg, Transteel and Relso and 3 more; 3 of its 8 listed competitors have raised funding.
Company details
Colence is a manufacturer of PVC synthetic leather and provider of sourcing services for fabrics, chemicals, and release paper. Based in India, they serve industries like footwear, furniture, accessories, and automotive by offering quality materials and design guidelines. Their global approach involves partnering with suppliers in China, Taiwan, and other countries to meet customer demands efficiently. They emphasize sustainable practices and market research to exceed expectations.
- Headquarters Delhi, India
- Employees 36
- SectorsIndustrial Goods & Manufacturing
- Email••••••••
- Phone•••• ••••
- Website colence.com
- Social LinkedIn X Facebook
- Legal Name Colence International Private Limited
- Date of Incorporation 14 May, 2015
- Jurisdiction Delhi, India
- Annual Revenue₹29.27 Cr
FY 2024 · -36% YoY
- Net Profit₹11.5 Lakh
FY 2024 · 0% margin
- EBITDA₹4.12 Cr
FY 2024 · 14% margin
- Employee Count36
Associated legal entities of Colence
Colence operates through Colence International Private Limited (active). Its filings, financials, charges and directors are on the company page.
| Legal entity | Status | Incorporated | Registered in | Revenue (FY 2024) | Employees | Directors | Company page |
|---|---|---|---|---|---|---|---|
| Colence International Private Limited CIN U51909DL2015PTC280144 | Active | 14 May 2015 | Delhi, Delhi | ₹29.3 Cr | 36 | 2 | View details |
Products & Services of Colence
Colence offers a comprehensive portfolio of products and services, including Artificial Leather, Fabric, Chemicals, and Release Paper.
PVC synthetic leather for fashion and industrial applications
Materials for upholstery and clothing needs
Blended chemicals for material properties enhancement
Paper for surface styling in production processes
Board of directors of Colence International Private Limited (Colence)
Colence International Private Limited is the primary company behind Colence. The board of Colence International Private Limited currently have 2 directors; the longest-serving is Suman Garg, appointed in 2016. 3 earlier directors have ceased.
| Director | Designation | Appointed | Tenure | Entity |
|---|---|---|---|---|
| Suman Garg DIN 00759374 | Director | 21 Jul 2016 | 10 yrs 3 mo | Colence International Private Limited |
| Mahesh Kumar Garg DIN 07168936 | Director | 01 Apr 2021 | 5 yrs 6 mo | Colence International Private Limited |
Financials of Colence
Figures of Colence International Private Limited, the primary company behind Colence, for FY 2024. Revenue was ₹29.27 Cr (-36% year on year). Net profit was ₹11.5 Lakh (0% margin). EBITDA was ₹4.12 Cr (14% margin). Revenue has grown at a compounded annual rate of -11% over three years and -9% over five years.
- ₹29.27 CrRevenue · FY 2024 · -36% YoY
- ₹11.5 LakhNet profit · 0% margin
- ₹4.12 CrEBITDA · 14% margin
- ₹4.82 CrPaid-up capital
- 36Employees (provident fund records)
- -11%Revenue CAGR, 3 years
- -9%Revenue CAGR, 5 years
Balance sheet, profit and loss, cash flow and ratios of Colence International Private Limited are on its company page.
Detailed financial statements for Colence
Statement rows, ratios, five-year trends and downloadable financials of the group companies require an active premium plan.
- Statement rows
- Financial ratios
- Five-year trends
- Downloads
Verified entity values are shown only after access is granted.
Competitors of Colence
Colence has 8 listed competitors in our database, 3 of them funded. They include WoodenStreet, Italica, Boingg, Transteel and Relso, among others.
| Company Name | Domain | Founded | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| woodenstreet.com | 2015 | Jaipur, India | $77M | 391 | Customized home furniture is offered online by WoodenStreet. | |
| italica.com | 1992 | Mumbai, India | – | 185 | Italica is engaged in manufacturing and selling plastic furniture. | |
| boingg.in | 2018 | Gurugram, India | $1.21M | 26 | Internet first brand offering furniture for kids | |
| transteel.com | 1995 | Vijayawada, India | – | 100 | E-commerce support services are provided to businesses since 1995. | |
| relso.today | 2023 | Bengaluru, India | $840,000 | – | Offers online platform for unique furniture and home decor made from solid wood. | |
| ushashriram.in | 2005 | Bengaluru, India | – | 360 | Sells eco-friendly cookware, bottles, baskets, and household items through online platform. | |
| insaraf.com | 1998 | Churu, India | – | – | Private label brand for sheesham wood furniture | |
| sirohi.org | 2020 | Muzaffarnagar, India | – | – | Handcrafted furniture is offered online by internet-first brand Sirohi. |
Detailed competitors of Colence
The full competitor set, operating metrics and side-by-side benchmarks require an active premium plan.
- Full competitor set
- Operating metrics
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Verified entity values are shown only after access is granted.
Top companies in Materials Distribution & Associations
10 companies that operate in the same segment as Colence (Materials Distribution & Associations), ranked by their profile score on The Company Check.
| Company | Description | Founded | Location | Total funding | Revenue | Employees |
|---|---|---|---|---|---|---|
AFC Industries is recognized as a full-service industrial distributor. | 2015 | Fairfield, United States | USD 34.01 M | – | – | |
Polymers and elastomers are distributed by Distrupol across Europe. | 1963 | Chertsey, Surrey, United Kingdom | – | USD 99.72 M | 78 | |
Industrial products and services are supplied to multiple sectors. | 1933 | Dallas, Texas, United States | – | USD 2.16 B | 7,380 | |
Materials including metals, alloys, ceramics, glasses, and polymers are supplied. | 1946 | Huntingdon, United Kingdom | – | – | – | |
Midstream tungsten products are supplied by MHT from Vietnam operations. | 2010 | Ho Chi Minh City, Vietnam | USD 90 M | – | – | |
Plastic components are distributed by Carclo in the United Kingdom. | 1924 | Ossett, West Yorkshire, United Kingdom | – | USD 151.23 M | 958 | |
Sophisticated software tools are developed and integrated for associations. | 2015 | London, England, United Kingdom | USD 3.75 M | – | – | |
International trader and distributor of chemicals, petrochemicals, polymers, and paper products | 1985 | Mumbai, Maharashtra, India | – | USD 331.79 M | 9 | |
Provider of investment and financial services to oil and gas business | 2020 | Dallas, Texas, United States | – | – | – | |
Exploration for natural rutile, heavy mineral sands, rare earth elements, and niobium is conducted by DY6 Metals. | 2022 | United States | – | – | – |
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Frequently Asked Questions about Colence
Colence was founded in 2015.
Colence is headquartered in Delhi, India. It is registered at Delhi, Delhi, India.
Colence has 36 employees.
The primary company behind Colence, Colence International Private Limited, reported revenue of ₹29.27 Cr for FY 2024, down 36% year on year.
Colence is a manufacturer of PVC synthetic leather and provider of sourcing services for fabrics, chemicals, and release paper. Based in India, they serve industries like footwear, furniture, accessories, and automotive by offering quality materials and design guidelines. Their global approach involves partnering with suppliers in China, Taiwan, and other countries to meet customer demands efficiently. They emphasize sustainable practices and market research to exceed expectations.
Colence's top competitors include WoodenStreet, Italica and Transteel.
Colence offers Artificial Leather, Fabric, Chemicals, and Release Paper.
Colence operates through Colence International Private Limited.
The legal entities of Colence currently have 2 directors, including Suman Garg, Mahesh Kumar Garg.