When was Advance Paints founded?

Advance Paints was founded in 1945.

Where is Advance Paints located?

Advance Paints is headquartered in Mumbai, India. It is registered at ADVANCE HOUSE, PLOT NO. A, MAKWANA ROAD, ARK IND. COMPOUND, MAROL NAKA, ANDHERI, (E), MUMBAI, Maharashtra, India, 400059.

How many employees does Advance Paints have?

As of Jan 31, 2025, the latest employee count at Advance Paints is 75.

Is Advance Paints a funded company?

Advance Paints is a funded company, having raised a total of $***** in its 1st and only funding round.

What is the annual revenue of Advance Paints?

Annual revenue of Advance Paints is ₹50Cr as on Mar 31, 2025.

Where does Advance Paints rank among its competitors?

Advance Paints ranks 26th amongst 1263 active competitors, of which 2 are funded. It stands 11th in terms of total funding among its competitors. The most recent competitor to raise funding was Bostik, which secured $300K in Jan, 2021.

Who are the top competitors of Advance Paints?

Advance Paints' top competitors include Asian Paints, Shalimar Paints and Mapei. Among them, Bostik secured the most recent funding round in January, 2021.

Advance Paints - 2026 Company Profile, Team, Competitors & Financials

Company Details

Website: advancepaints.com
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Registered Address: ADVANCE HOUSE, PLOT NO. A, MAKWANA ROAD, ARK IND. COMPOUND, MAROL NAKA, ANDHERI, (E), MUMBAI, Maharashtra, India, 400059

Key Metrics

Founded Year

1945

Location

Mumbai, India

Stage

Unfunded

Ranked

26^th among 1263 active competitors

Annual Revenue

₹50Cr as on Mar 31, 2025

Employee Count

75 as on Jan 31, 2025

Similar Companies

Asian Paints & 1288 more

View Advance Paints' full profile

Advance Paints is associated with 1 legal entity given below:

Legal Entity Name	Date of Incorporation	Revenue	Latest Employee Count	Documents
ADVANCE PAINTS PRIVATE LIMITED CIN: U24110MH1941PTC003381 , India, Active	Jul 31, 1941	$5.91M (As on Mar 31, 2025)	75 (As on Jan 31, 2025)

Advance Paints has not raised any funding rounds yet.

The founders of Advance Paints is Chhotalal Sheth. Harshad Chhotalal Sheth is the CEO of Advance Paints.

Here are the details of Advance Paints' key team members:

Chhotalal Sheth: Founder of Advance Paints.

View details of Advance Paints's Founder profiles and Board Members

Advance Paints' employee count trend

Advance Paints has 75 employees as of Jan 25. The total employee count is 6.0% more than what it was in Jan 24. Here is Advance Paints's employee count trend over the years:

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Top competitors of Advance Paints include Asian Paints, Shalimar Paints and Mapei. Here is the list of Top 10 competitors of Advance Paints, ranked by Tracxn score:

Rank	Company Details	Short Description	Total Funding	Investors	Tracxn Score
1st	Asian Paints 1942, Mumbai (India), Public	Manufacturer of industrial and decorative paints	-	-	67/100
2nd	Shalimar Paints 1902, Delhi (India), Public	Manufacturer of protective coatings	-	-	62/100
3rd	Mapei 1937, Milan (Italy), Funding Raised	Manufacturer of chemical products including adhesives and sealants for construction	-	European Investment Bank, Europa	59/100
4th	Kansai Nerolac 1920, Mumbai (India), Public	Manufacturer of industrial and decorative paints	-	-	57/100
5th	Pidilite 1959, Mumbai (India), Public	Manufactures adhesives and sealants	-	-	56/100
6th	Bostik 1889, Paris (France), Acquired	Manufacturer of industrial adhesives	-	Metalmark Capital, Europa	55/100
7th	Berger Paints 1923, Kolkata (India), Acquired	Manufacturer & Supplier of Decorative Paints	-	Nalanda Capital, India Capital Growth & 1 others	53/100
8th	MYK LATICRETE 2000, Hyderabad (India), Unfunded	Supplier of innovative, permanent installations, and repairs in the construction	-	-	51/100
9th	Selena 1992, Wrocław (Poland), Public	Manufacturer of construction chemicals	-	-	50/100
10th	Fosroc 1972, Dubai (United Arab Emirates), Acquired	Manufacturer of adhesives, sealants and chemicals for construction sector	-	-	48/100
26th	Advance Paints 1945, Mumbai (India), Unfunded	Manufacturer of paints, coatings, and primers	-	-	37/100