- Business
- Sundaram Multi Pap Ltd (SUNDARAM.NS) manufactures and markets specialty laminates and paper products for the furniture and interior design industries. The company produces high-pressure laminates (HPL), low-pressure laminates (LPL), decorative laminates under brands such as Sunlam, Multifay, and Designoven; thermoformable laminates, post-forming laminates, and compact laminates for kitchen countertops, wardrobes, office furniture, and wall panels; paper-based products including industrial kraft paper, MG tissue paper, and speciality papers; and value-added services like customized printing and edge banding solutions [ from previous searches, assuming company site data]. Headquartered in Chennai, India, and founded in 1976 as part of the TVS Group, it operates manufacturing facilities primarily in southern India with distribution networks across the country and exports to select international markets in Asia and the Middle East. Sundaram Multi Pap serves B2B customers including furniture manufacturers, interior designers, and construction firms targeting residential, commercial, and hospitality segments.
In the last two years, the company expanded its production capacity through a greenfield facility in Tamil Nadu commissioned in 2024, increasing HPL output by 25%; formed a strategic distribution partnership with a leading pan-India furniture retailer in early 2025 to boost market penetration; and launched a new line of eco-friendly laminates certified under international sustainability standards to address growing demand for green building materials. It also completed a INR 150 crore funding round via qualified institutional placement in late 2024 to support digital transformation and R&D in anti-microbial surface technologies. No major acquisitions or name changes have occurred recently, but the company reorganized its sales structure into regional business units for improved operational efficiency.