About Indigo Paints
Indigo Paints is a company based in Pune (India) founded in 2000 by Hemant Jalan. Indigo Paints has raised $23.11 million across 2 funding rounds from investors including Peak XV Partners. The company has 1,850 employees. Indigo Paints has completed 1 acquisition, including Apple Chemie. Indigo Paints offers products and services including Interior Emulsions and Exterior Emulsions.
- Annual Revenue₹1,359 Cr
FY 2025 · +3% YoY
- Net Profit₹142 Cr
FY 2025 · 10% margin
- EBITDA₹252 Cr
FY 2025 · 19% margin
- Total Equity Funding$23.11M (USD)
in 2 rounds
- Latest Funding Round$13.11M (USD), Series B
Feb 2016
- Investors
- Employee Count1,850
- Investments & Acquisitions
Associated legal entities of Indigo Paints
Indigo Paints operates through Indigo Paints Limited, a listed company (active). Its filings, financials, charges and directors are on the company page.
| Legal entity | Status | Incorporated | Registered in | Revenue (FY 2025) | Employees | Directors | Company page |
|---|---|---|---|---|---|---|---|
| Indigo Paints Limited Listed CIN L24114PN2000PLC014669 | Active | 28 Mar 2000 | Pune, Maharashtra | ₹1,359 Cr | 1,082 | 11 | View details |
Products & Services of Indigo Paints
Indigo Paints offers a comprehensive portfolio of products and services, including Interior Emulsions and Exterior Emulsions.
Walls and ceilings are brought to life with effortless application and lasting vibrancy by these water-based formulas from Indigo Paints.
Exteriors are shielded and beautified with enduring protection against elements by these premium-grade paints from Indigo Paints.
Apps and channels of Indigo Paints
its YouTube channel INDIGO Paints has 32.9K subscribers and 30 videos.
Videos from Indigo Paints
The most watched videos on Indigo Paints's YouTube channel, INDIGO Paints (32.9K subscribers). Click a video to play it here.
More on INDIGO Paints.
Funding Insights of Indigo Paints
Indigo Paints has successfully raised a total of $23.11M across 2 strategic funding rounds. The most recent funding activity was a Series B round of $13.11 million completed in February 2016. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.
- Total Funding $23.11M
- Total Rounds 2
- Last Round Series B — $13.11M
- First Round $10M
(Dec 2014)
- Investors Count 1
All 2 funding rounds of Indigo Paints with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Feb 2016 | $13.11M | Series B | $70.47M | Peak XV Partners | – |
| Dec 2014 | $10M | Series B | $35.99M | – |
| Date | Valuation | Stage |
|---|---|---|
| Feb 2016 | $70.47M | •••••••• |
| Dec 2014 | $35.99M | •••••••• |
Last known valuation $70.47M (Feb 2016). 1 investors in total: 1 institutional.
Investors in Indigo Paints
Indigo Paints has secured backing from 1 investor, including venture fund investors. Prominent investors backing the company include Peak XV Partners.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
Venture capital firm investing in startups and providing support programs. | 2000 | peakxv.com | Bengaluru, India |
Investor details for Indigo Paints
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Board of directors of Indigo Paints Limited (Indigo Paints)
Indigo Paints Limited is the primary company behind Indigo Paints. The board of Indigo Paints Limited currently have 8 directors; the longest-serving is Hemant Kamala Jalan, appointed in 2000. 7 earlier directors have ceased.
| Director | Designation | Appointed | Tenure | Entity |
|---|---|---|---|---|
| Hemant Kamala Jalan DIN 00080942 | Managing Director | 28 Mar 2000 | 26 yrs 6 mo | Indigo Paints Limited |
| Praveen Kumar Ramniranjan Tripathi DIN 03154381 | Director | 13 Nov 2014 | 11 yrs 10 mo | Indigo Paints Limited |
| Sunil Badriprasad Goyal DIN 00503570 | Director | 13 Nov 2014 | 11 yrs 10 mo | Indigo Paints Limited |
| Narayanankutty Kottiedath Venugopal DIN 00296465 | Director | 24 Feb 2016 | 10 yrs 7 mo | Indigo Paints Limited |
| Ravi Nigam DIN 00024577 | Director | 28 Mar 2019 | 7 yrs 6 mo | Indigo Paints Limited |
| Ashwini Ashish Deshpande DIN 00240443 | Director | 26 May 2023 | 3 yrs 4 mo | Indigo Paints Limited |
| Parag Hemant Jalan DIN 10638804 | Director | 22 May 2024 | 2 yrs 4 mo | Indigo Paints Limited |
| Abhay Kumar Pandey DIN 01650845 | Director | 07 Nov 2024 | 1 yr 11 mo | Indigo Paints Limited |
People of Indigo Paints
19 people are tracked at Indigo Paints (9 in leadership, 10 in team); the tracked headcount is 1,850.
| Name | Role | Group |
|---|---|---|
| Director | Leadership | |
| Director | Leadership | |
| Founder & Managing Director | Leadership | |
| Promoters | Leadership | |
| Director | Leadership | |
Srihari Santhakumar | General Manager | Leadership |
Nisarg Pandya | Assistant General Manager Marketing | Leadership |
Himanshu Negi | Deputy General Manager Project And Waterproofing | Leadership |
Keshav Gupta | Assistant General Manager - Corporate Strategy | Leadership |
Deepa Gautam | Engineering Qc+r&d | Team |
Tamil Nilavan Murugaiyan | Store Executive | Team |
Abdul Niyas . | Senior Purchasing Officer | Team |
Anurag Patel | Marketing Manager | Team |
Milind Santani | AGM - Projects | Team |
Raju Sapate | Assistant Manager- Accounts & Finance | Team |
Sidhesh Nair | Assistant Manager | Team |
| DGM | Team | |
Umesh Mane | AGM - CSR | Team |
Donga Uday | Business Devlopment Officer | Team |
Complete people profiles for Indigo Paints
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IPO & Listings of Indigo Paints
Indigo Paints is a publicly listed company on the NSE with ticker symbol INDIGOPNTS in India, operating in the Process industries sector. As a publicly traded entity, the company provides investors with opportunities to participate in its growth story through equity ownership. The listing enables access to capital markets, enhances corporate visibility, and provides liquidity for shareholders while maintaining transparency through regulatory compliance and regular financial disclosures.
- IPO date02 Feb 2021
- Listed onBSE: 543258 · NSE: INDIGOPNTS
- Listed entityIndigo Paints Ltd
- Exchange sectorProcess industries
- ISININE09VQ01012
- Share price₹1,022.70 (-1.26% on the day) · 2026-10-09
- Market capitalisation₹4,880 Cr
- Price to earnings30.4
- EPS (diluted, trailing year)₹33.64
- Dividend yield0.49%
- Volume (last session)26,415
Financials of Indigo Paints
Figures of Indigo Paints Limited, the primary company behind Indigo Paints, for FY 2025. Revenue was ₹1,359 Cr (+3% year on year). Net profit was ₹142 Cr (10% margin). EBITDA was ₹252 Cr (19% margin).
- ₹1,359 CrRevenue · FY 2025 · +3% YoY
- ₹142 CrNet profit · 10% margin
- ₹252 CrEBITDA · 19% margin
- ₹47.73 CrPaid-up capital
- 1,082Employees (provident fund records)
| Year | Revenue | Net income | EBITDA |
|---|---|---|---|
| 2025 | ₹1,402 Cr | ₹145 Cr | ₹257 Cr |
| 2024 | ₹1,338 Cr | ₹142 Cr | ₹234 Cr |
| 2023 | ₹1,303 Cr | ₹147 Cr | ₹240 Cr |
| 2022 | ₹1,070 Cr | ₹132 Cr | ₹184 Cr |
| 2021 | ₹903 Cr | ₹84.0 Cr | ₹138 Cr |
Balance sheet, profit and loss, cash flow and ratios of Indigo Paints Limited are on its company page.
Detailed financial statements for Indigo Paints
Statement rows, ratios, five-year trends and downloadable financials of the group companies require an active premium plan.
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Investments & Acquisitions by Indigo Paints
Indigo Paints has strategically engaged in corporate development activities, having acquired 1 company. Notable acquisitions include Apple Chemie.
| Company Name | Description | Domain | Location | Founded | Acquired | Amount |
|---|---|---|---|---|---|---|
Manufacturer & supplier of concrete admixtures, adhesives, sealants, and other construction chemical materials | applechemie.com | Nagpur, India | 2009 | Apr 2023 | $3.57M |
Complete acquisition details for Indigo Paints
Acquired stakes, deal sources and the complete acquisition history require an active premium plan.
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Timeline of Indigo Paints
6 dated milestones of Indigo Paints across 23 years, from founding to its latest funding, stage changes and deals.
- Founded Indigo Paints is founded.
- Funding First funding round of $10.0M.
- Milestone Reaches Minicorn status.
- Funding Latest funding round, Series B, of $13.1M.
- IPO Lists on the stock exchange (IPO).
- Acquisition Acquires Apple Chemie.
Web traffic of Indigo Paints
The website of Indigo Paints (indigopaints.com) receives about 83.6K visits a month and ranks #403,220 among all websites worldwide, #6,633 in Interior Design.
- Monthly visits83.6K
▼ 8.2% vs previous month
- Unique visitors55.2K
per month
- Global rank#403,220
among all websites
- Category rank#6,633
Home and Garden · Interior Design
- Bounce rate60%
- Pages per visit2.2
- Average visit1 min 07 sec
- DevicesDesktop 11% · Mobile 89%
Websites whose visitors overlap most with Indigo Paints. Affinity shows how closely the audiences match.
| Website | Domain | Audience affinity | Monthly visits | Global rank | Profile |
|---|---|---|---|---|---|
| nerolac.com | 100% | 226.8K | #252,075 | View details | |
| asianpaints.com | 91% | 3.9M | #13,411 | View details | |
| britishpaints.in | 88% | 11.3K | #1,895,829 | View details | |
| yespainter.com | 85% | 16.8K | #1,245,833 | View details | |
| bergerpaints.com | 83% | 592.3K | #82,961 | View details | |
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
All 24 similar websites and full traffic analytics for Indigo Paints
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- 24 similar websites
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Latest news on Indigo Paints
Complete news archive for Indigo Paints
Full article history, source details, and older brand coverage require an active premium plan.
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- Brand-specific news history
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Similar companies to Indigo Paints
10 companies that operate in the same segment as Indigo Paints (Paints, Coatings & Surface Treatments), ranked by their profile score on The Company Check.
| Company | Description | Founded | Location | Total funding | Revenue | Employees |
|---|---|---|---|---|---|---|
Industrial and decorative paints are manufactured along with related solutions. | 1942 | Mumbai, Maharashtra, India | – | USD 3.79 B | 33,600 | |
Paints, coatings, and related products are manufactured and distributed globally. | 1866 | Cleveland, Ohio, United States | – | USD 23.57 B | 63,890 | |
Industrial and decorative paints are manufactured by Kansai Nerolac. | 1920 | Mumbai, Maharashtra, India | – | USD 858.2 M | 10,570 | |
Hempel is recognized for providing high-quality protective coating solutions. | 1915 | Lyngby, Region Hovedstaden, Denmark | – | USD 17.43 M | 138 | |
Protective coatings are manufactured for industrial applications in India. | 1902 | Delhi, Delhi, India | – | USD 61.39 M | 633 | |
Manufacturer & supplier of decorative paints, metal, wood, powder, and other coatings | 1994 | Amsterdam, Netherlands | – | USD 11.94 B | 34,600 | |
Paints and stains are supplied to the construction sector. | 1883 | Montvale, New Jersey, United States | – | – | – | |
Color management solutions and measurement technologies are provided for industries. | 1958 | Grand Rapids, Michigan, United States | USD 155 M | USD 1.07 M | 21 | |
Manufacturer of paints | 1961 | Sao Bernardo Do Campo, Sao Paulo, Brazil | – | – | – | |
Industrial chemicals, decorative paints, finishing products, and coatings are manufactured. | 1883 | Pittsburgh, Pennsylvania, United States | – | USD 15.88 B | 46,000 |
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Frequently Asked Questions about Indigo Paints
Indigo Paints was founded in 2000 and raised its 1st funding round 14 years after it was founded.
Indigo Paints is headquartered in Pune, India. It is registered at Pune, Maharashtra, India.
Indigo Paints is a funded company, having raised a total of $23.11M across 2 funding rounds to date. The company's 1st funding round was a Series B of $10M, raised on Dec 2014.
Indigo Paints has 1,850 employees.
The primary company behind Indigo Paints, Indigo Paints Limited, reported revenue of ₹1,359 Cr for FY 2025, up 3% year on year.
Indigo Paints was founded in 2000 and is headquartered in Pune, India. Operations center on the production of decorative paints and wood coatings, with products such as emulsions, enamels, primers, and wall paints offered. Customers are provided with a full range of these items through delivery and servicing in the paints manufacturing sector.
Indigo Paints offers Interior Emulsions and Exterior Emulsions.
Yes, Indigo Paints is publicly traded on NSE under the ticker symbol INDIGOPNTS.
Indigo Paints has made 1 acquisition, including Apple Chemie.
Indigo Paints has 1 investor. Key investors include Peak XV Partners.
The valuation of Indigo Paints is $70.47M as of Feb 2016.
Indigo Paints operates through Indigo Paints Limited.