About Shand Group
Shand Group is a Real Estate & Construction company based in Bengaluru (India) founded in 1992 by Shantilal Shand. The company has 101 employees. Shand Group was last valued at $579.31 thousand in March 2007. Its chief executive, as recorded, is Sanjay Shand. Shand Group offers products and services including uPVC Column Pipes, CPVC Pipes & Fittings, uPVC ASTM-D Pipes & Fittings, PVC & CPVC Ball Valves, and uPVC SWR Pipes & Fittings. Its focus areas include Real Estate and Construction, Building Materials, Construction Materials and Pipes & Plumbing. Its competitors include Astral Poly Technik, Vectus and Ashirvad; 1 of its 3 listed competitors has raised funding.
Company details
Manufacturer and exporter of PVC pipes, plastic pipes, and fittings. The company manufactures various products such as PVC pipes, plastic pipes, and fittings. They specialize in providing high-quality products for various applications.
- Headquarters Bengaluru, India
- Employees 101
- Founders Shantilal Shand
- SectorsReal Estate & Construction
- Website shandgroup.com
- Social X Facebook
- Annual Revenue$12.19 M (USD)46as on Mar 31, 2024
- Net Profit$332.62 K (USD)100as on Mar 31, 2024
- EBITDA$724.06 K (USD)52as on Mar 31, 2024
- Latest Funding Round$578.15K (USD), Unspecified
Mar 2007
- Employee Count101
Associated legal entities of Shand Group
Shand Group is associated with 2 registered companies on The Company Check. Each company page carries the filings, financials, charges and directors of that entity.
| Legal entity | Status | Incorporated | Registered in | Revenue (FY 2025) | Employees | Directors | Company page |
|---|---|---|---|---|---|---|---|
| Shand Pipe Industry Private Limited CIN U25191KA1992PTC013116 | Active | 30 Apr 1992 | Bangalore, Karnataka | ₹95.2 Cr | 25 | 2 | View details |
| Diamond Pipes & Tubes Private Limited CIN U25209KA1986PTC007841 | Active | 13 Oct 1986 | Bangalore, Karnataka | ₹104 Cr | 66 | 3 | View details |
Products & Services of Shand Group
Shand Group offers a comprehensive portfolio of products and services, including uPVC Column Pipes, CPVC Pipes & Fittings, uPVC ASTM-D Pipes & Fittings, PVC & CPVC Ball Valves, and uPVC SWR Pipes & Fittings.
Pipes for structural and water column applications.
Fittings for hot and cold water systems.
Standard pipes for various industrial uses.
Valves for controlling fluid flow.
Pipes for soil, waste, and rainwater systems.
Durable pipes for high-density polyethylene applications.
Pipes for suction and delivery in pumps.
Reinforced pipes for drilling and heavy use.
Flexible tubes for various fluid transport.
Corrugated pipes for flexible applications.
Strong pipes for rigid structural needs.
Casing pipes for wells and boreholes.
Pipes for ducting and ventilation systems.
Funding Insights of Shand Group
- Total Rounds 1
- Last Round Unspecified — $578,150
- First Round $578,150
(Mar 2007)
- Investors Count 13
All 1 funding rounds of Shand Group 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 |
|---|---|---|---|---|---|
| Mar 2007 | $578,150 | Unspecified | $579,306 | Bhavsagar Vyapaar |
Last known valuation $579,306 (Mar 2007). 13 investors in total: 13 institutional.
Investors in Shand Group
Shand Group has secured backing from 13 investors, including institutional investors. Prominent investors backing the company include Bhavsagar Vyapaar, Tapasya Finvest and Manglamsanitary.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
| bhavsagarvyapaar.tcc.mode | ||||
| tapasyafinvest.tcc.mode | ||||
| manglamsanitary.tcc.mode | ||||
| sagarfintrade.tcc.mode | ||||
| jeevandarshimarketing.tcc.mode | ||||
| dabriwalinvestmentandfinanciers.tcc.mode | ||||
| bakliwalfinvest.tcc.mode | ||||
| apsarafintrade.tcc.mode | ||||
Commercial bank | iriscommercial.tcc.mode | Kolkata, India | ||
| nkpfincom.tcc.mode |
Investor details for Shand Group
The complete investor list, round-by-round participation and investor portfolios require an active premium plan.
- Complete investor list
- Round participation
- Investor portfolios
- Co-investor network
Verified entity values are shown only after access is granted.
Board of directors of Shand Group
The boards of the 2 registered companies of Shand Group currently have 3 directors; the longest-serving is Shantilal Shand, appointed in 1986. 2 earlier directors have ceased.
| Director | Designation | Appointed | Tenure | Entity |
|---|---|---|---|---|
| Shantilal Shand DIN 00157540 | Director | 13 Oct 1986 | 40 yrs | Diamond Pipes & Tubes Private Limited |
| Ajay Shand DIN 00159615 | Managing Director | 30 Apr 1992 | 34 yrs 5 mo | Shand Pipe Industry Private Limited, Diamond Pipes & Tubes Private Limited |
| Sanjay Shand DIN 00159515 | Director | 20 May 2021 | 5 yrs 5 mo | Shand Pipe Industry Private Limited, Diamond Pipes & Tubes Private Limited |
People of Shand Group
5 people are tracked at Shand Group (4 in leadership, 1 in team); the tracked headcount is 101.
| Name | Role | Group |
|---|---|---|
| Founder | Leadership | |
| CEO & Managing Director | Leadership | |
| Director | Leadership | |
Barnali Mondal | HR Business Partner | Leadership |
Dinesh Kumar Jain | ASM Rajasthan | Team |
Complete people profiles for Shand Group
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.
Financials of Shand Group
Figures of Shand Pipe Industry Private Limited, the primary company behind Shand Group, for FY 2025. Revenue was ₹95.16 Cr (-6% year on year). Net profit was ₹3.23 Cr (3% margin). EBITDA was ₹6.92 Cr (7% margin). Revenue has grown at a compounded annual rate of +15% over three years and +9% over five years.
- ₹95.16 CrRevenue · FY 2025 · -6% YoY
- ₹3.23 CrNet profit · 3% margin
- ₹6.92 CrEBITDA · 7% margin
- ₹1.89 CrPaid-up capital
- 25Employees (provident fund records)
- +15%Revenue CAGR, 3 years
- +9%Revenue CAGR, 5 years
Balance sheet, profit and loss, cash flow and ratios of Shand Pipe Industry Private Limited are on its company page.
Detailed financial statements for Shand Group
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.
Timeline of Shand Group
2 dated milestones of Shand Group across 15 years, from founding to its latest funding, stage changes and deals.
- Founded Shand Group is founded.
- Funding First funding round of $578K.
Competitors of Shand Group
Shand Group has 3 listed competitors in our database, 1 of them funded. They include Astral Poly Technik, Vectus and Ashirvad.
| Company Name | Domain | Founded | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| astralpipes.com | 1999 | Ahmedabad, India | 3,330 | PVC pipes are manufactured for plumbing and drainage applications. | ||
| vectus.in | 1989 | Noida, India | $16.7M | 485 | Vectus is recognized as a leading manufacturer of water storage solutions in India. | |
| ashirvad.com | 1998 | Bengaluru, India | 2,649 | PVC and CPVC piping systems are manufactured for plumbing applications. |
Detailed competitors of Shand Group
The full competitor set, operating metrics and side-by-side benchmarks require an active premium plan.
- Full competitor set
- Operating metrics
- Benchmarks
- Competitive positioning
Verified entity values are shown only after access is granted.
Web traffic of Shand Group
The website of Shand Group (shandgroup.com) receives about 1.4K visits a month.
- Monthly visits1.4K
▲ 8.6% vs previous month
Websites whose visitors overlap most with Shand Group. Affinity shows how closely the audiences match.
| Website | Domain | Audience affinity | Monthly visits | Global rank | Profile |
|---|---|---|---|---|---|
| petronthermoplast.com | 100% | #1,864,205 | View details | ||
| dutronindia.com | 81% | 6K | #3,503,721 | View details | |
| mangalampipes.co.in | 28% | View details | |||
| rakshapipes.com | 24% | 3.2K | #5,522,923 | View details | |
jskhdpefittings.com | jskhdpefittings.com | 22% | #4,271,897 | – |
Top companies in Building Materials
3 companies that operate in the same segment as Shand Group (Building Materials) in India, ranked by their profile score on The Company Check.
| Company | Description | Founded | Location | Total funding | Revenue | Employees |
|---|---|---|---|---|---|---|
Manufacturer of cement, gypsum plaster, tile adhesives, and wood finishing products | 1975 | Kanpur, Uttar Pradesh, India | USD 1.44 B | 11,790 | ||
Industrial and decorative paints are manufactured along with related solutions. | 1942 | Mumbai, Maharashtra, India | USD 3.79 B | 33,600 | ||
Specializes in designing and manufacturing aesthetically pleasing bathroom solutions | 1960 | Gurugram, Haryana, India |
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Frequently Asked Questions about Shand Group
Shand Group was founded in 1992 and raised its 1st funding round 15 years after it was founded.
Shand Group is headquartered in Bengaluru, India. It is registered at Bengaluru, Karnataka, India.
Sanjay Shand is the CEO of Shand Group, as recorded in our data.
Shand Group has 101 employees.
Annual revenue of Shand Group is $12.19M as on Mar 31, 2024.
Manufacturer and exporter of PVC pipes, plastic pipes, and fittings. The company manufactures various products such as PVC pipes, plastic pipes, and fittings. They specialize in providing high-quality products for various applications.
Shand Group's top competitors include Vectus, Astral Poly Technik and Ashirvad.
Shand Group offers uPVC Column Pipes, CPVC Pipes & Fittings, uPVC ASTM-D Pipes & Fittings, PVC & CPVC Ball Valves, and 6 more products and services.
Shand Group has 13 investors. Key investors include Bhavsagar Vyapaar, Tapasya Finvest, Manglamsanitary, Sagar Fintrade, and Jeevandarshi Marketing.
The valuation of Shand Group is $579.31K as of Mar 2007.
Shand Group is associated with 2 legal entities: Shand Pipe Industry Private Limited, Diamond Pipes & Tubes Private Limited.
The legal entities of Shand Group currently have 3 directors, including Sanjay Shand, Ajay Shand, Shantilal Shand.