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{{Short description|Paints manufacturing company in India}}
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{{infobox company
{{infobox company
| name = Shalimar Paints
| name = Shalimar Paints
| logo = [[File:Shalimar Paints New Logo.jpg|Shalimar Paints New Logo]]
| logo = Shalimar Paints New Logo.jpg
| caption =
| caption =
| type = Public {{BSE|509874}}
| type = Public
| traded_as = {{ubl|{{BSE|509874}}|{{NSE|SHALPAINTS}}}}
| genre =
| fate =
| fate =
| predecessor =
| predecessor =
| successor =
| successor =
| foundation = 1902
| foundation = 1902
| founder = AN Turner, AC Wright
| founder = AN Turner, AC Wright
| defunct =
| defunct =
| location_city = [[Gurugram]]
| location_city = [[Gurgaon]], India<ref>{{cite web|url=http://www.shalimarpaints.com/contact-us.php |title=Contact Us |publisher=Shalimar Paints |accessdate=27 September 2014}}</ref>
| location_country = India
| location_country = India
| locations =
| locations =
| area_served =
| area_served =
| key_people =
| key_people =
| industry = [[Paint]]
| industry = [[Paint]]
| products = [[Paint]]
| products = [[Paint]]
| services =
| services =
| revenue = {{INRConvert|3673|m}}<ref name="bseindia1">{{cite web|url=http://www.bseindia.com/stock-share-price/shalimar-paints-ltd/shalpaints/509874/ |title=BSE Plus |publisher=Bseindia.com |accessdate=2 January 2015}}</ref>
| revenue = {{INRConvert|3673|m}}<ref name="bseindia1">{{cite web|url=http://www.bseindia.com/stock-share-price/shalimar-paints-ltd/shalpaints/509874/ |title=BSE Plus |publisher=Bseindia.com |accessdate=2 January 2015}}</ref>
| operating_income =
| operating_income =
| net_income =
| net_income =
| aum =
| aum =
| assets =
| assets =
| equity =
| equity =
| owner =
| owner =
| num_employees =
| num_employees =
| parent =
| parent =
| divisions =
| divisions =
| subsid =
⚫
| homepage = [http://www.shalimarpaints.com/ Official Website]
| subsid =
⚫
| footnotes =
⚫
| homepage = [http://www.shalimarpaints.com/ Official Website]
⚫
| footnotes =
}}
}}
'''Shalimar Paints''' {{BSE|509874}} is an Indian paints manufacturing company. The company is engaged in manufacturing and marketing of decorative paints and industrial coatings. Some of India’s buildings and structures such as the Howrah Bridge, Rashtrapati Bhawan, Salt Lake Stadium, All India Institute of Medical Sciences, and many others, continue to be painted with Shalimar Paints.<ref name="Paintmaker iconic Company Profile">{{cite web|url=http://businesstoday.intoday.in/story/history-of-shalimar-paints/1/16467.html |title=Paintmaker iconic Company Profile |publisher=businesstoday.intoday.in/ |date=10 July 2011 |accessdate=10 July 2011}}</ref>
'''Shalimar Paints''' {{BSE|509874}} is an Indian paints manufacturing company. The company engages in the manufacturing and marketing of decorative paints and industrial coatings. Some of India's buildings and structures such as the [[Howrah Bridge]], [[Rashtrapati Bhawan]], [[Salt Lake Stadium]], [[All India Institute of Medical Sciences]], and many others, continue to be painted with Shalimar Paints.<ref name="Paintmaker iconic Company Profile">{{cite web|url=http://businesstoday.intoday.in/story/history-of-shalimar-paints/1/16467.html |title=Paintmaker iconic Company Profile |publisher=businesstoday.intoday.in/ |date=10 July 2011 |accessdate=10 July 2011}}</ref>


'''History'''
== History ==


Shalimar Paints was founded in 1902 by two British entrepreneurs AN Turner and AC Wright as Shalimar Paints Colour & Varnish Ltd.<ref>{{cite web|url=http://www.financialexpress.com/news/shalimarpaintsitsfuturewithanewstrategy/91105/0 |title=Shalimar Paints Its Future With A New Strategy |publisher=Financialexpress.com |date=30 August 2003 |accessdate=27 September 2010}}</ref> In the same year, the company set up a large scale manufacturing plant in Howrah, West Bengal, the first such plant in entire South East Asia. In 1928, Pinchin Johnson & Associates of UK bought control from the British entrepreneurs AN Turner and AC Wright. In 1963, the company's name was changed to Shalimar Paints Ltd. after Turner Morisson & Co stepped in as new management.
Shalimar Paints was founded in 1902 by two British entrepreneurs AN Turner and AC Wright as Shalimar Paints Colour & Varnish Ltd.<ref>{{cite web|url=http://www.financialexpress.com/news/shalimarpaintsitsfuturewithanewstrategy/91105/0 |title=Shalimar Paints Its Future With A New Strategy |publisher=Financialexpress.com |date=30 August 2003 |accessdate=27 September 2010}}</ref> In the same year, the company set up a large scale manufacturing plant in [[Howrah, West Bengal]], the first such plant in entire South East Asia. In 1928, [[Pinchin Johnson & Associates]] of UK bought control from the British entrepreneurs AN Turner and AC Wright. In 1963, the company's name was changed to Shalimar Paints Ltd after Turner Morisson & Co stepped in as new management.


With access to high-end technology, the company introduced many firsts in the industrial coatings segment such as high build zinc coatings, radiation resistant coatings for nuclear power plants, polyurethane paint for fighter aircraft and railway coaches, among others. Shalimar was the first company to paint a fighter aircraft for the Indian Army.<ref name="forbesindia.com">{{cite web|url=http://forbesindia.com/article/boardroom/shalimar-paints-shifts-focus-to-the-decoratives-business/38627/1 |title=Shalimar Paints shifts focus to the Decoratives Business |publisher=forbesindia.com |date=17 September 2014}}</ref>
With access to high-end technology, the company introduced many firsts in the industrial coatings segment such as high build zinc coatings, radiation resistant coatings for nuclear power plants, polyurethane paint for fighter aircraft and railway coaches, among others. Shalimar was the first company to paint a fighter aircraft for the [[Indian Army]].<ref name="forbesindia.com">{{cite web|url=http://forbesindia.com/article/boardroom/shalimar-paints-shifts-focus-to-the-decoratives-business/38627/1 |title=Shalimar Paints shifts focus to the Decoratives Business |publisher=forbesindia.com |date=17 September 2014}}</ref>


In 1972 Shalimar went public and in 1989, the company was acquired by the O.P. Jindal Group and the Hong-Kong based S.S. Jhunjhnuwala Group. From May’2015 affair of the company are managed by Mr. Surender Bhatia as whole time director.<ref>{{cite web|url=http://www.business-standard.com/content/b2b-chemicals/shalimar-paints-appoints-surender-bhatia-as-coo-115060101266_1.html |title=http://www.business-standard.com/content/b2b-chemicals/shalimar-paints-appoints-surender-bhatia-as-coo-115060101266_1.html |publisher=business-standard.com |date=1 June 2015}}</ref>
In a pivotal move in 1972, Shalimar transitioned into a public domain, marking a strategic milestone in its corporate history. Fast forward to 1989, the company underwent a noteworthy transformation through its acquisition by the influential [[O.P. Jindal]] Group in collaboration with the Hong Kong-based S.S. Jhunjhnuwala Group. This strategic partnership not only altered Shalimar's trajectory but also laid the foundation for dynamic developments and collective success.<ref>{{cite news |title=Shalimar Paints appoints Surender Bhatia as COO |url=https://www.business-standard.com/content/b2b-chemicals/shalimar-paints-appoints-surender-bhatia-as-coo-115060101266_1.html |work=[[Business Standard]] |date=1 June 2015}}</ref>

==External links==
* [http://www.shalimarpaints.com/ Official website]


==References==
==References==
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[[Category:Chemical companies of India]]
[[Category:Chemical companies of India]]
[[Category:Paint companies of India]]
[[Category:Paint companies of India]]
[[Category:Companies based in Gurgaon]]
[[Category:Manufacturing companies based in Gurgaon]]
[[Category:Chemical companies established in 1902]]
[[Category:Chemical companies established in 1902]]
[[Category:Companies listed on the National Stock Exchange of India]]
[[Category:Companies listed on the National Stock Exchange of India]]
[[Category:1902 establishments in India]]
[[Category:Indian brands]]
[[Category:Indian brands]]
[[Category:Indian companies established in 1902]]
[[Category:Companies listed on the Bombay Stock Exchange]]

Latest revision as of 09:09, 22 November 2024

Shalimar Paints
Company typePublic
IndustryPaint
Founded1902
FounderAN Turner, AC Wright
Headquarters
Gurugram
,
India
ProductsPaint
Revenue₹3,673 million (US$43 million)[1]
WebsiteOfficial Website

Shalimar Paints BSE: 509874 is an Indian paints manufacturing company. The company engages in the manufacturing and marketing of decorative paints and industrial coatings. Some of India's buildings and structures such as the Howrah Bridge, Rashtrapati Bhawan, Salt Lake Stadium, All India Institute of Medical Sciences, and many others, continue to be painted with Shalimar Paints.[2]

History

[edit]

Shalimar Paints was founded in 1902 by two British entrepreneurs AN Turner and AC Wright as Shalimar Paints Colour & Varnish Ltd.[3] In the same year, the company set up a large scale manufacturing plant in Howrah, West Bengal, the first such plant in entire South East Asia. In 1928, Pinchin Johnson & Associates of UK bought control from the British entrepreneurs AN Turner and AC Wright. In 1963, the company's name was changed to Shalimar Paints Ltd after Turner Morisson & Co stepped in as new management.

With access to high-end technology, the company introduced many firsts in the industrial coatings segment such as high build zinc coatings, radiation resistant coatings for nuclear power plants, polyurethane paint for fighter aircraft and railway coaches, among others. Shalimar was the first company to paint a fighter aircraft for the Indian Army.[4]

In a pivotal move in 1972, Shalimar transitioned into a public domain, marking a strategic milestone in its corporate history. Fast forward to 1989, the company underwent a noteworthy transformation through its acquisition by the influential O.P. Jindal Group in collaboration with the Hong Kong-based S.S. Jhunjhnuwala Group. This strategic partnership not only altered Shalimar's trajectory but also laid the foundation for dynamic developments and collective success.[5]

[edit]

References

[edit]
  1. ^ "BSE Plus". Bseindia.com. Retrieved 2 January 2015.
  2. ^ "Paintmaker iconic Company Profile". businesstoday.intoday.in/. 10 July 2011. Retrieved 10 July 2011.
  3. ^ "Shalimar Paints Its Future With A New Strategy". Financialexpress.com. 30 August 2003. Retrieved 27 September 2010.
  4. ^ "Shalimar Paints shifts focus to the Decoratives Business". forbesindia.com. 17 September 2014.
  5. ^ "Shalimar Paints appoints Surender Bhatia as COO". Business Standard. 1 June 2015.
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