Witmans

Mumbai, India Founded: 1989 • Age: 37 yrs
Manufacturer specializing in production of performance lubricants, plasticizers, and specialty coatings for various industries
Annual revenue $66.5M Latest available
Total funding $191,626 1 rounds
Employees 171 Tracked headcount
Investors - Known backers
Products 5 Services tracked
Competitors - Brand Intelligence

About Witmans

Witmans is a company based in Mumbai (India) founded in 1989. Witmans has raised $191.63 thousand across 1 funding round. The company has 171 employees as of April 08, 2025. Witmans offers products and services including Spin Finishes, Textile Lubricants, Industrial Paints, Rubber Process Oils, and Speciality Plasticizers.

  • Headquarter Mumbai, India
  • Employees 171 as on 08 Apr, 2025
  • Stage Minicorn
  • Sectors
    Chemicals & Materials
  • Email
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  • Phone
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  • Website
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  • Social
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  • Legal Name Witmans Industries Pvt. Ltd.
  • Jurisdiction Mumbai, Maharashtra, India
Operational Areas
Chemicals & Materials → Specialty & Industrial Chemicals Unlock Sub-Sector Unlock Segment
Chemicals & Materials → Specialty & Industrial Chemicals Unlock Sub-Sector Unlock Segment
Key Metrics
  • Annual Revenue
    $66.49 M (USD)
    -3.12
    as on Mar 31, 2024
  • Net Profit
    $2.49 M (USD)
    5.13
    as on Mar 31, 2024
  • EBITDA
    $4.67 M (USD)
    1.42
    as on Mar 31, 2024
  • Total Equity Funding
    $191.63 K (USD)

    in 1 rounds

  • Latest Funding Round
    $191.63 K (USD), Unspecified

    Apr 02, 2012

  • Investors
    Not available
  • Employee Count
    171

    as on Apr 08, 2025

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Products & Services of Witmans

Witmans offers a comprehensive portfolio of products and services, including Spin Finishes, Textile Lubricants, Industrial Paints, Rubber Process Oils, and Speciality Plasticizers.

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Primary

Lubricants designed for optimal textile efficiency and minimal friction.

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Oils that maximize performance in textile conning processes.

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High-quality paints providing long-lasting surface protection.

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Oils that optimize rubber production for exceptional performance.

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Additives enhancing flexibility and durability in plastic manufacturing.

Funding Insights of Witmans

Witmans has successfully raised a total of $191.63K through 1 strategic funding round. The most recent funding activity was a Unspecified round of $191.63 thousand completed in April 2012. 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.

Investments & Acquisitions by Witmans

Investments
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Investment portfolio details for Witmans

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Financial Statements - Witmans

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Witmans Comparisons

Witmans Primary company
Description
Manufacturer specializing in production of performance lubri...
Location
Mumbai, India
Founded Year
1989
Annual Revenue
$66.49 M (USD)
Net Profit
$2.49 M (USD)
EBITDA
$4.67 M (USD)
Employees
171
As of 2025
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Peer comparison for Witmans

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Competitors of Witmans

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Latest news on Witmans

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Frequently Asked Questions about Witmans

Witmans was founded in 1989 and raised its 1st funding round 23 years after it was founded.

Witmans is headquartered in Mumbai, India. It is registered at Mumbai, Maharashtra, India.

Ravi Sekhar is the current CEO of Witmans.

Witmans is a funded company, having raised a total of $191.63K across 1 funding round to date.

As of Apr 08, 2025, the latest employee count at Witmans is 171.

Annual revenue of Witmans is $66.49M as on Mar 31, 2024.

Witmans Industries Pvt. Ltd. is a manufacturer and supplier of spin finishes, textile conning oils, lubricants, and industrial paints. They specialize in producing performance lubricants, plasticizers, and specialty coatings for various industries. With a focus on quality and efficiency, their products are designed to maximize performance and resist a wide range of chemicals.

Witmans offers Spin Finishes, Textile Lubricants, Industrial Paints, Rubber Process Oils, and Speciality Plasticizers.

The valuation of Witmans is $2.95M as of Apr 2012.

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