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Shyamal Dutta Ray — featured artwork

Introduction

Date of Birth
08 May 1934
Zodiac sign
Taurus
Date of Death
19 May 2005
Age
71
Place of Birth
Ranchi, Present-day Jharkhand, India
Place of Death
Calcutta, West Bengal, India
State Country of Birth
Present-day Jharkhand, India
State Country of Death
West Bengal, India

Exhibitions

  1. 1962

    1. One man show in Society of Contemporary Artists Gallery, Kolkata, India
  2. 1964

    1. One man show in Artistry House, Kolkata, India
  3. 1969

    1. Prints from India, USA
  4. 1970

    1. Exhibition of Indian Art, Texas, USA
  5. 1971

    1. Prints from India, Poland
  6. 1972

    1. 25 Years of Indian Art, Lalit Kala Akademi, New Delhi, India
  7. 1973

    1. West Pacific Print Biennale, Australia
  8. 1976

    1. Exhibition in Bangladesh and Algeria
  9. 1977

    1. 03 Feb 1977 to 15 Feb 1977

  10. 1978

    1. Canada
    2. Inter Grafik, East Germany
  11. 1980

    1. Inter Grafik, East Germany
    2. All India Graphics Show, Chandigarh, India
    3. Third World Biennale of Graphics, London, Baghdad
  12. 1981

    1. Indian Painting Today, Jehangir Art Gallery, Mumbai, India
    2. Kala Yatra, Hyderabad, India
  13. 1982

    1. Kala Yatra, Mumbai, Bengaluru, London, Manchester, Paris
    2. Inaugural Exhibition, Roopankar Museum of Fine Arts, Bharat Bhavan, Bhopal, India
    3. National Exhibition, Lalit Kala Akademi, New Delhi, India
  14. 1983

    1. Dhoomimal Art Gallery, New Delhi, India

      28 Dec 1983 to 04 Jan 1984

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Ray, Shyamal Dutta (Artist). Exhibition of Paintings & Graphics by Shyamal Dutta Ray, 1977 | Solo Exhibition Catalogue | 00882630

Ray, Shyamal Dutta (Artist). Exhibition of Paintings & Graphics by Shyamal Dutta Ray, 1977 | Solo Exhibition Catalogue | 00882630

Chronicled Highlights 161953 – 1999

Shyamal Dutta Ray was born in 1934 in Ranchi, Present-day Jharkhand, India.

1953
Literary ReferencePainting
Osian's · India Historical Lila: Auction of Indian Modern and Contemporary Paintings, Drawings and Graphic ArtMumbai · 20 October 2001

The decorations in Dutta Roy’s paintings are not for decoration’s sake. It has some other significance. His line-intricate decorations or design instill in our minds a feeling of mystery. If all the space gets filled up in small linear patterns on the canvas and is accompanied by a proportionate use of colours, naturally a kind of ghostly region full of light and darkness develops. Shyamal Dutta Roy has selected such an outlook where the mystery of life derives its full and perfect shape through manifold scribbles of designs and patterns.

Ray, Shyamal Dutta (Artist). Rajasthan Landscape, 1953 | Painting
Selling price
INR63,000
Below low estimate
Estimate
INR 85,000 – 1,50,000
Rate per sq in
INR 102
Medium
Oil on canvas
Dimensions
19.9 × 31.1 in (51 × 79 cm)
Lot
141 · Os.Mum/20.10.01
1963
Public Auction HighPainting
HEART · Intuitive-Logic - The Next Step: Auctions of Indian Art - Classical, Folk, Tribal, Modern & Contemporary TraditionsNew Delhi · 28 November 1999

In 1999, the artist achieved a new high in the auction market with the sale of The Arrival (1963), offered in the Intuitive-Logic - The Next Step: Auctions of Indian Art - Classical, Folk, Tribal, Modern & Contemporary Traditions by HEART, which concluded on 28 November 1999 at New Delhi, achieving a sale price of ₹1,99,500 ($4,597). This record marked a defining moment in the artist's market history, reflecting both the significance of the artwork and its reception within the broader art world.

Ray, Shyamal Dutta (Artist). The Arrival, 1963 | Painting
Selling price
INR1,99,500
Within estimate
Estimate
INR 1,50,000 – 2,00,000
Rate per sq in
INR 154
Medium
Oil on canvas
Dimensions
36 × 36 in (91 × 91 cm)
Lot
204 · He.Del/28.11.99
1963
Public Auction HighPainting
Osian's · Masterpieces and Museum Quality Series VIIIMumbai · 31 January 2007

In 2007, the artist achieved a new high in the auction market with the sale of The White Rose (1963), offered in the Masterpieces and Museum Quality Series VIII by Osian's, which concluded on 31 January 2007 at Mumbai, achieving a sale price of ₹21,60,000 ($48,902). This record marked a defining moment in the artist's market history, reflecting both the significance of the artwork and its reception within the broader art world.

Ray, Shyamal Dutta (Artist). The White Rose, c.1963 | Painting
Selling price
INR21,60,000
Within estimate
Estimate
INR 20,00,000 – 25,00,000
Rate per sq in
INR 1,763
Medium
Oil on canvas
Dimensions
35 × 35 in (89 × 89 cm)
Lot
95 · Os.Mum/31.01.07
1969
Literary ReferencePainting
Osian's · Indian Modern Fine ArtsNew Delhi · 27 February 2019

The decorations in Dutta Roy’s paintings are not for decoration’s sake. It has some other significance. His line-intricate decorations or design instill in our minds a feeling of mystery. If all the space gets filled up in small linear patterns on the canvas and is accompanied by a proportionate use of colours, naturally a kind of ghostly region full of light and darkness develops. Shyamal Dutta Roy has selected such an outlook where the mystery of life derives its full and perfect shape through manifold scribbles of designs and patterns.

Ray, Shyamal Dutta (Artist). Untitled, late 1960s | Painting
Selling price
INR9,60,000
7% above high estimate
Estimate
INR 6,00,000 – 9,00,000
Rate per sq in
INR 529
Medium
Oil on canvas
Dimensions
30.1 × 60.2 in (77 × 153 cm)
Lot
36 · Os.Del/27.02.19
1972
Public Auction HighPainting
Saffronart · Spring Online Auction: South Asian Modern ArtOnline · 17 March 2023

In 2023, the artist achieved a new high in the auction market with the sale of The Leader (1972), offered in the Spring Online Auction: South Asian Modern Art by Saffronart, which concluded on 17 March 2023 at Online, achieving a sale price of ₹58,20,000 ($70,976). This record marked a defining moment in the artist's market history, reflecting both the significance of the artwork and its reception within the broader art world.

Ray, Shyamal Dutta (Artist). The Leader, 1972 | Painting
Selling price
INR58,20,000
223% above high estimate
Estimate
INR 12,00,000 – 18,00,000
Rate per sq in
INR 2,527
Medium
Oil on canvas
Dimensions
48 × 48 in (122 × 122 cm)
Lot
51 · Sa.Onl/17.03.23
1979
Public Auction HighPainting
HEART · The Intuitive-Logic II: Modern & Contemporary Indian Paintings, Drawings, Graphics, Sculpture & TapestryMumbai · 15 November 1997

In 1997, the artist achieved a new high in the auction market with the sale of The Baul Singer (1979), offered in the The Intuitive-Logic II: Modern & Contemporary Indian Paintings, Drawings, Graphics, Sculpture & Tapestry by HEART, which concluded on 15 November 1997 at Mumbai, achieving a sale price of ₹60,000 ($1,633). This record marked a defining moment in the artist's market history, reflecting both the significance of the artwork and its reception within the broader art world.

Ray, Shyamal Dutta (Artist). The Baul Singer, 1979 | Painting
Selling price
INR60,000
Within estimate
Estimate
INR 55,000 – 85,000
Rate per sq in
INR 107
Medium
Watercolour on paper
Dimensions
20 × 28 in (51 × 71 cm)
Signature
S/d, I.c.
Lot
114 · He.Mum/15.11.97
1981
Public Auction HighPainting
Sotheby's · The Indian SaleLondon · 08 May 1997

In 1997, the artist achieved a new high in the auction market with the sale of The Broken Bowl (1981), offered in the The Indian Sale by Sotheby's, which concluded on 08 May 1997 at London, achieving a sale price of ₹53,422 ($1,492). This record marked a defining moment in the artist's market history, reflecting both the significance of the artwork and its reception within the broader art world.

Ray, Shyamal Dutta (Artist). The Broken Bowl, 1981 | Painting
Selling price
INR53,422
Within estimate
Estimate
INR 46,453 – 69,680
Rate per sq in
INR 95.37
Medium
Watercolour over pen and ink on paper
Dimensions
20.5 × 27.4 in (52 × 70 cm)
Lot
440 · So.Lon/08.05.97
1983
Public Auction HighPainting
Osian's · Masterpieces and Museum Quality Series: Indian Contemporary ArtMumbai · 02 December 2005

In 2005, the artist achieved a new high in the auction market with the sale of Relic (1983), offered in the Masterpieces and Museum Quality Series: Indian Contemporary Art by Osian's, which concluded on 02 December 2005 at Mumbai, achieving a sale price of ₹5,17,500 ($11,220.73). This record marked a defining moment in the artist's market history, reflecting both the significance of the artwork and its reception within the broader art world.

Ray, Shyamal Dutta (Artist). Relic, 1983 | Painting
Selling price
INR5,17,500
Within estimate
Estimate
INR 5,00,000 – 6,25,000
Rate per sq in
INR 1,130
Medium
Watercolour on paper
Dimensions
18.3 × 25.1 in (46 × 64 cm)
Lot
54 · Os.Mum/02.12.05
1985
Literary ReferencePainting
Osian's · Masterpieces & Museum Quality Indian Modern & Contemporary PaintingsMumbai · 05 December 2002

To say that Shyamal Dutta Ray is by far the most creative water colourist in the country today would be saying the obvious… There was a time when Shyamal would pick up some visible objects, beings or aspects of seen situations, from his milieu and render them into decorative designs by his superb draughtsmanship. He would transform the picked up objects into linear motifs, re-arrange the linear shapes into decorative designs of linear forms and kaleido-scopically broken up colour planes. Yet, in spite of the overwhelming decorativeness of the design, the motifs he would pick up for emphasis and the situations he would conjure up, would unmistakably reveal an injured concern for the circumstantial predicament of the underprivileged… Shyamal would add extra significance to a common place object or to a social stereotype by placing it at the focal point or by increasing the relative size of the motif or by some other pictorial devise. The motif would thereby tend to become the visual image of an associated non-visual concept… He takes up common enough motifs like a boat or a door, or a staff, or a bowl, or a chair, or a goat, or a flock of pigeons, or a skeletal man or a predatory beast, sets it in an absolutely non-descriptive assemblage of other motifs, in completely out of proportion sizes with other things – thus making it a symbol of a state or a concept, rather than the image of a phenomenal object. By iconographic transformation of a common enough man, and placing him in a painted situation of objects and atmosphere, he makes the man a tormentor and a killer.

Ray, Shyamal Dutta (Artist). Protest, 1985 | Painting
Selling price
INR1,32,000
Within estimate
Estimate
INR 1,25,000 – 1,75,000
Rate per sq in
INR 232
Medium
Watercolour on paper
Dimensions
21.1 × 27 in (54 × 69 cm)
Lot
115 · Os.Mum/05.12.02
1987
Public Auction HighPainting
Sotheby's · Modern and Contemporary Indian Paintings: One Hundred YearsLondon · 08 October 1996

In 1996, the artist achieved a new high in the auction market with the sale of Conversation (1987), offered in the Modern and Contemporary Indian Paintings: One Hundred Years by Sotheby's, which concluded on 08 October 1996 at London, achieving a sale price of ₹38,948 ($1,093.89). This record marked a defining moment in the artist's market history, reflecting both the significance of the artwork and its reception within the broader art world.

Ray, Shyamal Dutta (Artist). Conversation, 1987 | Painting
Selling price
INR38,948
Below low estimate
Estimate
INR 44,512 – 66,768
Rate per sq in
INR 97.55
Medium
Watercolour on paper
Dimensions
18.1 × 22 in (46 × 56 cm)
Lot
97 · So.Lon/08.10.96
Provenance
No Provenance
1990
Public Auction HighPainting
Sotheby's · Modern and Contemporary Indian PaintingsNew York · 10 October 1997

In 1997, the artist achieved a new high in the auction market with the sale of Untitled (1990), offered in the Modern and Contemporary Indian Paintings by Sotheby's, which concluded on 10 October 1997 at New York, achieving a sale price of ₹62,462 ($1,725). This record marked a defining moment in the artist's market history, reflecting both the significance of the artwork and its reception within the broader art world.

Ray, Shyamal Dutta (Artist). Untitled, 1990 | Painting
Selling price
INR62,462
Within estimate
Estimate
INR 54,315 – 72,420
Rate per sq in
INR 122
Medium
Wash, Pastel and charcoal on paper
Dimensions
20.5 × 25 in (52 × 64 cm)
Lot
134 · So.NeY/10.10.97
1993
Public Auction HighPainting
Asta Guru · Collector's Choice: Modern Indian ArtOnline · 27 June 2025

In 2025, the artist achieved a new high in the auction market with the sale of Untitled (1993), offered in the Collector's Choice: Modern Indian Art by Asta Guru, which concluded on 27 June 2025 at Online, achieving a sale price of ₹83,82,673 ($97,974.89). This record marked a defining moment in the artist's market history, reflecting both the significance of the artwork and its reception within the broader art world.

Ray, Shyamal Dutta (Artist). Untitled, 1993 | Painting
Selling price
INR83,82,673
459% above high estimate
Estimate
INR 10,00,000 – 15,00,000
Rate per sq in
INR 3,795
Medium
Oil on canvas
Dimensions
47 × 47 in (119 × 119 cm)
Signature
S/d: Bottom Left
Lot
64 · AG.Onl/27.06.25
Provenance
Property from a collection based in Mumbai
12 of 16

Economics of Art

Public Auction Market (1987–2026) | Select Indicators

  1. Annual Auction Sale Turnover
  2. Average Sale Price Per Lot
  3. Square Inch Rate Trend
Currency

Annual Auction Sale Turnover

This indicator tracks the Total Annual Auction Sales value of Shyamal Dutta Ray’s artworks, beginning in 1987 through to the present.
It aggregates all sales across global auction houses into yearly totals.

Analysis reflected in the chart:
The turnover graph highlights periods of strong growth, moments of market correction, and resilience during downturns. Peaks often align with landmark works coming to public auction, while troughs may indicate reduced supply or weaker demand. Over time, the curve illustrates the overall trajectory of Shyamal Dutta Ray’s public auction market presence.

Average Sale Price Per Lot

This measure calculates the Average Sale Price of all lots by Shyamal Dutta Ray sold each year.
It smooths out fluctuations caused by the quantity of works offered and focuses on the Average Sale Price level per artwork.

Analysis reflected in the chart:
Rising average sale prices indicate growing collector confidence and a stronger willingness to pay higher amounts per work. Assuming the mix of mediums remains relatively stable over time, the proportion of works on paper typically priced lower than works on canvas adds important context to understanding these market movements.

Square Inch Rate Trend

The Square Inch Rate normalizes prices by the size of each artwork, showing the average sale value per square inch over time.
This allows fair comparisons between smaller works and larger canvases.

Analysis reflected in the chart:
The Square Inch Rate shown in the graph combines various medium types such as canvas, paper, board, and others. Historically, works on canvas and board have broadly commanded higher prices compared to works on paper.

Research Centre

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