Valpaint Decor [India] Pvt. Ltd. Manufactures Water-based Velidor Decorative Paint. Valpaint Decor [India] Pvt. Ltd. Water-based Velidor Decorative Paint is used to give fine finish to the interiors. It is to be applied by brush on a surface already decorated to get particular iridescent golden reflections, with or without glittering of different matching iridescent colours.