About Shalimar Paints
Shalimar Paints is a company based in Delhi (India) founded in 1902.. The company has 633 employees as of March 31, 2024. Shalimar Paints offers products and services including Hero Emulsion, ZERO Damp Advance, and Xtra Tough. Shalimar Paints operates in a competitive market with competitors including Asian Paints, Mapei, Kansai Nerolac, Bostik and Wanhua Chemical Group, among others.
- Headquarter Delhi, India
- Employees 633 as on 31 Mar, 2024
- Stage Public
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Sectors
Chemicals & MaterialsReal Estate & Construction
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Email
***********
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Phone
*********
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Website
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Social
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- Legal Name Shalimar Paints Ltd
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Annual Revenue
$70.11 M (USD)12as on Mar 31, 2025
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Net Profit
$-9.38 M (USD)-8.54as on Mar 31, 2025
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EBITDA
$-6.64 M (USD)-4.57as on Mar 31, 2025
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Latest Funding Round
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Investors
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Employee Count
633
as on Mar 31, 2024
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IPO & Listings of Shalimar Paints
Shalimar Paints is a publicly listed company on the NSE with ticker symbol SHALPAINTS 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.
Products & Services of Shalimar Paints
Shalimar Paints offers a comprehensive portfolio of products and services, including Hero Emulsion, ZERO Damp Advance, and Xtra Tough. The company's diverse product and service offerings are designed to meet the evolving needs of its customers, address market demands, and provide comprehensive solutions that drive value creation and customer satisfaction across various segments and use cases.
Premium paint offering durability and aesthetic appeal for walls
Advanced product for preventing dampness on surfaces
Durable coating for enhanced protection against wear
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Funding Insights of Shalimar Paints
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
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| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Investments & Acquisitions by Shalimar Paints
| Company Name | Description | Domain | Location | Founded Year | Amount |
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Bionic investment advisor platform
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2016 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 |
Financial Statements - Shalimar Paints
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
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| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Shalimar Paints Comparisons
Competitors of Shalimar Paints
Shalimar Paints operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as Asian Paints, Mapei, Kansai Nerolac, Bostik and Wanhua Chemical Group, among others. This competitive environment drives innovation, market differentiation, and strategic positioning as companies strive to capture market share and deliver value to their customers. Understanding the competitive dynamics is crucial for assessing market positioning, identifying growth opportunities, and navigating the challenges inherent in a competitive marketplace.
| Company Name | Domain | Founded year | HQ Location | Description |
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| domain | founded_year | HQ Location |
Industrial and decorative paints are manufactured along with related solutions.
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| domain | founded_year | HQ Location |
Chemical products including adhesives and sealants for construction are manufactured.
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| domain | founded_year | HQ Location |
Industrial and decorative paints are manufactured by Kansai Nerolac.
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| domain | founded_year | HQ Location |
Industrial adhesives are manufactured by Bostik for diverse applications.
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| domain | founded_year | HQ Location |
Chemical products are manufactured and distributed by Wanhua Chemical Group.
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| Company Name | Domain | Founded year | HQ Location | Description |
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| domain | founded_year | HQ Location |
Multiple services are booked via an app-based platform.
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| domain | founded_year | HQ Location |
On-demand services are booked through an app-based platform.
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| domain | founded_year | HQ Location |
App based platform offering on demand delivery and ride-hailing services
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| domain | founded_year | HQ Location |
Operates an on-demand hyperlocal delivery app for food and groceries.
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Latest news on Shalimar Paints
Frequently Asked Questions about Shalimar Paints
When was Shalimar Paints founded?
Shalimar Paints was founded in 1902.
Where is Shalimar Paints located?
Shalimar Paints is headquartered in Delhi, India. It is registered at Delhi, Delhi, India.
Who is the current CEO of Shalimar Paints?
Sandeep Sarda is the current CEO of Shalimar Paints.
How many employees does Shalimar Paints have?
As of Mar 31, 2024, the latest employee count at Shalimar Paints is 633.
What is the annual revenue of Shalimar Paints?
Annual revenue of Shalimar Paints is $70.11M as on Mar 31, 2025.
What does Shalimar Paints do?
Shalimar Paints was established in 1902 as a manufacturer in the paints and coatings sector. Operations are based in Delhi, India, with a focus on producing protective coatings for various industrial uses. The company is led by key executives including Managing Director Ashok Kumar Gupta and CEO Sandeep Sarda. Products are distributed through established channels to meet sector demands across the region.
Who are the top competitors of Shalimar Paints?
Shalimar Paints's top competitors include Asian Paints, Kansai Nerolac and Mapei.
What products or services does Shalimar Paints offer?
Shalimar Paints offers Hero Emulsion, ZERO Damp Advance, and Xtra Tough.
Is Shalimar Paints publicly traded?
Yes, Shalimar Paints is publicly traded on NSE under the ticker symbol SHALPAINTS.
What is Shalimar Paints's ticker symbol?
The ticker symbol of Shalimar Paints is SHALPAINTS on NSE.