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Himadri - About the company

Himadri is a public company based in Kolkata (India), founded in 1987 by Tushar Choudhary, Shyam Sundar Choudhary, Vijay Kumar Choudhary, Bankey Lal Choudhary, Amit Choudhary, Anurag Choudhary and Damodar Prasad Choudhary. It operates as a Manufacturer of speciality chemicals including carbon black and battery materials. Himadri has raised $24M in funding from Citi. The company has 21 active competitors, including 1 funded and 8 that have exited. Its top competitors include companies like Laxmi, Oriental Carbon and Chemicals and Materialize.X.

Company Details

Manufacturer of speciality chemicals including carbon black and battery materials. The product portfolio includes anode and cathode materials for lithium-ion batteries, coal tar pitch, refined naphthalene, and various speciality oils. These materials serve industries such as paints, plastics, tires, aluminium, and construction. Research and development activities focus on process improvements and the creation of value-added chemical products for industrial applications.
Social
X
Email ID
*****@himadri.com, *****@himadri.com
Phone Number
+91 **********
Registered Address
23A, Netaji Subhas Road 8th Floor, Suite No. 15, Kolkata, Kolkata, West Bengal, India, 700001
Key Metrics
Founded Year
1987
Location
Kolkata, India
Stage
Public
Total Funding
$24M in 2 rounds
Latest Funding Round
Investors
Ranked
Annual Revenue
₹1,000+ Cr as on Mar 31, 2026
Employee Count
1,161 as on Mar 31, 2026
Investment & Acquisitions
Similar Companies
Exit Details
Public

Himadri's IPO details

Himadri got listed on Jun 04, 1993.
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Himadri's funding and investors

Himadri has raised a total funding of $24M over 2 rounds. Its first funding round was on Dec 06, 2004. Himadri has 5 institutional investors.

Here is the list of recent funding rounds of Himadri:
Date of Funding
Funding Amount
Round Name
Post-Money Valuation
Revenue Multiple
Lead Investors
Other Investors
Jan 02, 2010
4205369
Post IPO
2134641
7101949
1017932
3163543
Dec 06, 2004
4891329
PE
9769716
3558652
1081789
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Himadri's founders and board of directors

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Here are the details of Himadri's key team members:

Himadri's employee count trend

Himadri has 1,161 employees as of Mar 26. Here is Himadri's employee count trend over the years:
Employee count trend for Himadri
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Himadri's Competitors and alternates

Top competitors of Himadri include Laxmi, Oriental Carbon and Chemicals and Materialize.X. Here is the list of Top 10 competitors of Himadri, ranked by Tracxn score:
Rank
Company Details
Short Description
Total Funding
Investors
Tracxn Score
1st
Logo for Himadri
Himadri
1987, Kolkata (India), Public
Manufacturer of speciality chemicals including carbon black and battery materials
$24M
67/100
2nd
Logo for Laxmi
Laxmi
1992, Mumbai (India), Public
Manufacturer of diversified chemicals
$9.88M
60/100
3rd
Manufacturer of insoluble sulphur and sulphuric acid
-
-
33/100
4th
Logo for Materialize.X
Materialize.X
2017, Kensington (United Kingdom), Funding Raised
Manufacturer of non-toxic adhesives
-
33/100
5th
Logo for DSC
DSC
1987, Toronto (Canada), Acquired
Manufacturer of chemicals
-
28/100
6th
Logo for TULASEE BIO-ETHANOL
TULASEE BIO-ETHANOL
1988, Raigad (India), Public
Manufacturer of absolute alcohol ethanol for industrial and chemical applications
-
-
24/100
7th
Logo for Dr. Nanoxa
Dr. Nanoxa
2020, Mumbai (India), Seed
Provider of a proprietary antimicrobial disinfection solution offering high efficacy against a range of microorganisms
-
-
22/100
8th
Logo for Valentra
Valentra
2025, Geismar (United States), Unfunded
Manufacturer of formalin products and chemical infrastructure for industrial use
-
-
21/100
9th
Manufacturer of diversified alkali chemicals
-
-
20/100
10th
Logo for Gentas Kimya
Gentas Kimya
2000, Turkey, Public
Manufacturer of formaldehyde solutions, resins, and related chemical products
-
-
20/100
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Himadri's Investments and acquisitions

Himadri has made 6 investments in companies including Sicona and Sicona. Himadri has also acquired 4 companies including Birla Tyres and Trancemarine and Confreight Logistics.
Here is the list of investments & acquisitions:
Date of Investment/Acquisition
Type
Company Name
Founded Year
Location
Aug 25, 2026
Investments
2019
Wollongong (Australia)
Jan 15, 2026
Investments
2019
Wollongong (Australia)
May 22, 2025
Investments
2022
Milpitas (United States)
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Reports related to Himadri

Here is the latest report on Himadri's sector:

News related to Himadri

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Media has covered Himadri for a total of 15 events in the last 1 year, 8 of them have been about company updates.
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FAQs about Himadri

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