About Gem Paints
Gem Paints is a Chemicals & Materials company based in Bengaluru (India) founded in 1981 by Anand Gandotra, and was acquired by Astral Poly Technik in April 2022. Coatings and paints are manufactured by Gem Paints in India. The company has 432 employees. Its focus areas include Chemicals and Materials, Paints and Coatings, Coatings and Diversified. Its legal entity is GEM PAINTS PRIVATE LIMITED.
Company details
Gem Paints was established in 1981 and is based in Bengaluru, India. Operations are centered on the production of various coatings and paints within the manufacturing sector. The company is led by founder Anand Gandotra as Managing Director. Focus is placed on industrial and consumer applications, with activities conducted primarily in the domestic market. Domain services are accessible via gem-paints.com.
- Headquarters Bengaluru, India
- Employees 432
- Founders Anand Gandotra
- Stage Acquired
- SectorsChemicals & Materials
- Email••••••••
- Phone•••• ••••
- Website gem-paints.com
- Social LinkedIn X Facebook
- Acquired by Astral Poly Technik (Apr 2022)
- Legal Name Gem Paints Private Limited
- Annual Revenue$29.53 M (USD)11as on Mar 31, 2023
- Net Profit$4 M (USD)9as on Mar 31, 2023
- EBITDA$5.57 M (USD)3as on Mar 31, 2023
- Investors
- Employee Count432
- Acquired byAstral Poly Technik
(Apr 2022)
Investors in Gem Paints
Gem Paints has secured backing from 1 investor. Prominent investors backing the company include Astral Poly Technik.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
PVC pipes are manufactured for plumbing and drainage applications. | 1999 | astralpipes.com | Ahmedabad, India |
Investor details for Gem Paints
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- Complete investor list
- Round participation
- Investor portfolios
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People of Gem Paints
1 people are tracked at Gem Paints (1 in leadership); the tracked headcount is 432.
| Name | Role | Group |
|---|---|---|
| Founder & Managing Director | Leadership |
Complete people profiles for Gem Paints
Full employee and board profiles, team structure, tenure and professional contact details require an active premium plan.
- Full employee list
- Team structure
- Board tenure
- Professional contacts
Verified entity values are shown only after access is granted.
Timeline of Gem Paints
2 dated milestones of Gem Paints across 41 years, from founding to its latest funding, stage changes and deals.
- Founded Gem Paints is founded.
- Exit Acquired by Astral Poly Technik.
Web traffic of Gem Paints
The website of Gem Paints (gem-paints.com) receives about 1.5K visits a month.
- Monthly visits1.5K
▲ 14.1% vs previous month
Top companies in Paints, Coatings & Surface Treatments
3 companies that operate in the same segment as Gem Paints (Paints, Coatings & Surface Treatments) in India, ranked by their profile score on The Company Check.
| Company | Description | Founded | Location | Total funding | Revenue | Employees |
|---|---|---|---|---|---|---|
Manufacturer of paints | 2000 | Pune, Maharashtra, India | USD 23.11 M | USD 149.43 M | 1,213 | |
Industrial and decorative paints are manufactured along with related solutions. | 1942 | Mumbai, Maharashtra, India | USD 3.87 B | 10 | ||
Industrial and decorative paints are manufactured by Kansai Nerolac. | 1920 | Mumbai, Maharashtra, India | USD 858.2 M | 10,570 |
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Frequently Asked Questions about Gem Paints
Gem Paints was founded in 1981.
Gem Paints is headquartered in Bengaluru, India. It is registered at Bengaluru, Karnataka, India.
Gem Paints has 432 employees.
Annual revenue of Gem Paints is $29.53M as on Mar 31, 2023.
Gem Paints was established in 1981 and is based in Bengaluru, India. Operations are centered on the production of various coatings and paints within the manufacturing sector. The company is led by founder Anand Gandotra as Managing Director. Focus is placed on industrial and consumer applications, with activities conducted primarily in the domestic market. Domain services are accessible via gem-paints.com.
Gem Paints has 1 investor. Key investors include Astral Poly Technik.
Gem Paints operates through Gem Paints Private Limited.
Yes. Gem Paints was acquired by Astral Poly Technik in April 2022.