Asha Penn Color
Asha Penn Color (legal entity: Asha Color Dispersions Pvt Ltd) is a Mumbai, India-based B2B manufacturer of pigment dispersions and color concentrates in solid and liquid form, serving eight industrial verticals including printing inks, automotive coatings, wood coatings, cosmetics, inkjet, marking inks, leather, and UV coatings.
- Company typePrivate
- Founded1998
- HeadquartersMumbai, India
- Headcount101–250
- GTM typeB2B
- OfferingHardware or Manufacturing
What Asha Penn Color does
Asha Penn Color, operating through its legal entity Asha Color Dispersions Pvt Ltd (ACD), is a Mumbai-based B2B manufacturer of pigment dispersions and color concentrates. Founded in 1998, the company produces these intermediates in both solid and liquid forms across nine distinct resin systems, including Nitrocellulose, Polyamide, Vinyl, PVB, CAB, Acrylic, Polyester, Acrylic Polyol, and UV oligomers. Its products are sold into eight downstream verticals: printing inks, industrial and automotive coatings, wood coatings, cosmetics, inkjet digital printing, marking inks, leather coloration, and UV curable coatings.
The company's underlying capability is chemical formulation rather than software: it leverages proprietary resin-system know-how to produce color concentrates tuned to the requirements of each end-application, with ISO 9001, ISO 14001, and ISO 45001 certifications supporting customer qualification across regulated industries. The commercial model is straightforward — direct B2B sales to industrial manufacturers with no disclosed distributor or channel-partner network — and pricing is not publicly disclosed; prospective customers are directed to contact the company for product brochures.
Ownership and governance signals are limited: the firm appears privately held with no disclosed venture capital, private equity, or parent-company affiliation, and no executive team, board, or investor information is present in the source data. The website highlights an active CSR program with documented community projects in 2019–2020 and 2020–2021, and the company maintains a top-of-funnel presence via LinkedIn, Facebook, X, and YouTube, but shows no evidence of recent funding, M&A, hiring surges, geographic expansion, or AI/ML capability.
Asha Penn Color firmographics
Firmographics- Name
- Asha Penn Color
- Legal name
- Asha Color Dispersions Pvt Ltd
- Website
- https://ashapenncolor.com
- Company type
- Private
- Founded year
- 1998
- Operating status
- Operating
- Headcount range
- 101–250 employees
- Short description
- Asha Penn Color (legal entity: Asha Color Dispersions Pvt Ltd) is a Mumbai, India-based B2B manufacturer of pigment dispersions and color concentrates in solid and liquid form, serving eight industrial verticals including printing inks, automotive coatings, wood coatings, cosmetics, inkjet, marking inks, leather, and UV coatings.
- Ownership category
- akta.pro rank
Asha Penn Color industry classification
Industry- Product category
- Specialty Pigments & Colorants
- NAICS
- Synthetic Dye and Pigment Manufacturing (32513)
- SIC
- Miscellaneous Chemical Products (2890)
- akta.pro primary industry
- Color Masterbatches & Dispersions (IMAEAHAK)
- akta.pro secondary industries
- Digital & Specialty Inks (Inkjet, UV, Conductive) (IMAEAHAI), Industrial & Protective Coatings (IMAEAGAB)
Keywords
Where Asha Penn Color is headquartered
LocationHeadquarters
- HQ city
- Mumbai
- HQ country
- India
- HQ region
- Asia
Offices1 record
Markets served
Asha Penn Color business model
Business model- GTM type
- B2B
- Offering type
- Hardware or Manufacturing
- Cost components
- Supply Chain, Operations, Personnel, Infrastructure, Technology or R&D, Marketing or Sales
Revenue model
- Pigment Dispersions and Color Concentrates: B2B manufacturing and sale of pigment dispersions and color concentrates in solid and liquid form, sold directly to industrial customers across various applications.
Distribution channels1 record
Marketing channels4 records
Asha Penn Color product offering
Product offeringCore offering
Asha Color Dispersions Pvt Ltd (ACD) is a manufacturer of pigment dispersions and color concentrates, produced in both solid and liquid forms based on multiple resin systems including Nitrocellulose, Polyamide, Vinyl, PVB, CAB, Acrylic, Polyester, Acrylic Polyol, and UV oligomers. These dispersions and concentrates are supplied to industrial manufacturers across printing inks, automotive and industrial paints, wood coatings, cosmetics, inkjet digital printing, marking inks, leather, and UV curable coatings.
Product overview
Asha Color Dispersions Pvt Ltd (ACD) is a manufacturer of pigment dispersions and color concentrates, offered both in solid and liquid forms. The company produces a portfolio of specialized pigment dispersions organized across eight product categories: Printing Ink, Industrial & Automotive, Wood Coating, Cosmetics, Inkjet, Marking Ink, Leather, and UV Curable Coating. These products are formulated using various resin systems including Nitrocellulose, Polyamide, Vinyl, PVB, CAB, Acrylic, Polyester, Acrylic Polyol, and UV oligomers. The core offerings—Pigment Dispersions and Color Concentrates—serve diverse industrial applications across printing, automotive, wood finishing, cosmetics, digital printing, marking, leather, and UV coating sectors.
Differentiator
Problem solved
Functional benefit
Products and services
- Printing Ink Pigment Dispersions
Companies that use Asha Penn Color
Customer profileSegments8 records
Ideal customer profiles8 records
Asha Penn Color technology and API
TechnologyTechnology focussed No
API detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
Asha Penn Color partnerships and signals
Strategic signalRecent moves4 records
Expansion highlights2 records
Asha Penn Color competitors and assessment
Company assessmentBroad incumbents
- Sun Chemical (DIC Corporation): World's largest producer of printing inks and a major supplier of pigments, effect pigments, and color dispersions through parent DIC Corporation. Directly overlaps with ACD's printing ink, inkjet, marking ink, and UV curable coating product lines but at vastly greater global scale.
- Sensient Technologies: US-listed specialty ingredients company with a Colors segment producing natural and synthetic color dispersions for food, cosmetics, pharmaceuticals, and industrial applications. Comparable to ACD in cosmetics and personal care pigment dispersions.
- Avient Corporation: US-listed specialty polymer materials company offering colorants and masterbatches (formerly PolyOne), serving packaging, consumer products, and coatings markets. Comparable in masterbatch and color concentrate manufacturing with broader polymer materials portfolio.
- Toyo Ink (Artience Group): Japanese manufacturer of printing inks, pigments, and color materials. Overlaps with ACD's printing ink, marking ink, and UV curable coating product lines, particularly across Asian markets.
- Clariant: Swiss specialty chemicals major with a significant Pigments business unit producing organic pigments, pigment preparations, and dispersions for coatings, plastics, and printing inks. Operates at much larger scale than ACD across the same downstream customer base.
- ECKART (ALTANA division): ALTANA division producing effect pigments and pigment dispersions for coatings, printing inks, plastics, and cosmetics. Overlaps with ACD in cosmetic-grade colorants and inkjet/UV dispersions, particularly for premium applications.
- Heubach Group: German specialty chemicals company focused on organic and inorganic pigments, pigment preparations, and dispersions for coatings, plastics, inks, and specialty applications. Directly comparable product portfolio across industrial coatings, printing inks, and plastics coloration.
- BASF Colors & Effects: Global pigments business (formerly part of BASF, now divested to DIC) producing organic and inorganic pigments, effect pigments, and pigment preparations for automotive, industrial, and ink applications. Largest comparable to ACD by absolute scale, with overlapping automotive and industrial coating focus.
Direct peers
- Chromaflo Technologies: US-headquartered global supplier of pigment dispersions and colorants for thermoset plastics, industrial coatings, and ink applications. Most directly comparable mid-sized specialist peer to ACD, with overlapping resin-system flexibility and end-market focus.
- Penn Color Inc. US-based manufacturer of color concentrates and masterbatches serving plastics, inks, coatings, and personal care applications. The 'Penn Color' component in ACD's name strongly suggests a commercial or ownership linkage, and the product portfolios are directly comparable — color concentrates for plastics, inks, and coatings.
Market position
Strengths5 records
Weaknesses5 records
Competitive moat4 records
Key risks5 records
Key highlights6 records
Customer concentration
Asha Penn Color social profiles
Digital presenceAsha Penn Color compliance and trust
Trust signalCompliance3 records
Asha Penn Color financial estimates
Financial estimateRevenue estimate
Valuation estimate
Asha Penn Color leadership team
Management profileNumber of profiles
Asha Penn Color funding detail
Funding detailFunding overview
Funding rounds
Investors
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
Asha Penn Color M&A and investment
M&A and investmentM&A
Investments
M&A and investment is available on the Subscription and Enterprise plan.Contact sales →
Frequently asked questions about Asha Penn Color
What does Asha Penn Color do?
Asha Color Dispersions Pvt Ltd (ACD) is a manufacturer of pigment dispersions and color concentrates, produced in both solid and liquid forms based on multiple resin systems including Nitrocellulose, Polyamide, Vinyl, PVB, CAB, Acrylic, Polyester, Acrylic Polyol, and UV oligomers. These dispersions and concentrates are supplied to industrial manufacturers across printing inks, automotive and industrial paints, wood coatings, cosmetics, inkjet digital printing, marking inks, leather, and UV curable coatings.
Is Asha Penn Color a public or private company?
Asha Penn Color is a private company. It is classified as founder individual operated bootstrapped and is currently operating.
When was Asha Penn Color founded?
Asha Penn Color was founded in 1998. It employs 101 to 250 people.
Where is Asha Penn Color based?
Asha Penn Color is headquartered in Mumbai, India, in the Asia region.
How does Asha Penn Color make money?
One revenue line is on record: pigment Dispersions and Color Concentrates.
Who are Asha Penn Color's main competitors?
Broad incumbents on record are Sun Chemical (DIC Corporation), Sensient Technologies, Avient Corporation, Toyo Ink (Artience Group), Clariant, ECKART (ALTANA division), Heubach Group and BASF Colors & Effects. Direct peers are Chromaflo Technologies and Penn Color Inc..
Does Asha Penn Color have an API?
No public API is recorded for Asha Penn Color.
What industry is Asha Penn Color in?
Asha Penn Color's product category is Specialty Pigments & Colorants. Its primary akta.pro industry code is IMAEAHAK, Color Masterbatches & Dispersions, with a secondary code of IMAEAHAI, Digital & Specialty Inks (Inkjet, UV, Conductive). Its NAICS code is 32513 and its SIC code is 2890.