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.
- Website
- himadri.com
- 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
Ranked
1st among 21 active competitors
Annual Revenue
₹1,000+ Cr as on Mar 31, 2026
Employee Count
1,161 as on Mar 31, 2026
Exit Details
Public
Legal entities associated with Himadri
Himadri is associated with 5 legal entities given below:
Legal Entity Name | Date of Incorporation | Revenue | Latest Employee Count | Documents |
|---|---|---|---|---|
HYHM LIMITED CIN: 13974390 , United Kingdom, Active | Mar 13, 2022 | £0 - £1M (As on Mar 13, 2024) | 1 (As on Mar 13, 2024) | |
HIMADRI ADVANCE NEW ENERGY MATERIAL LIMITED CIN: U23100WB2022PLC286629 , India, Active | Jul 27, 2022 | 0 - ₹10 Cr (As on Mar 31, 2026) | 33 (As on May 31, 2024) | |
HIMADRI UNITED MOTORS PRIVATE LIMITED CIN: U34102WB2018PTC229496 , India, Active | Dec 26, 2018 | 0 - ₹10 Cr (As on Mar 31, 2020) | - | |
HIMADRI CREDIT & FINANCE LTD CIN: L65921WB1994PLC062875 , India, Active | Apr 07, 1994 | 0 - ₹10 Cr (As on Mar 31, 2025) | - | |
HIMADRI SPECIALITY CHEMICAL LIMITED CIN: L27106WB1987PLC042756 , India, Active | Jul 28, 1987 | ₹1,000+ Cr (As on Mar 31, 2026) | 1105 (As on Apr 01, 2026) |
Himadri's IPO details
Himadri got listed on Jun 04, 1993.
Click here to take a look at Himadri's IPO in detail
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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 |
View details of Himadri's funding rounds and investors
Himadri's founders and board of directors
Founder? Claim ProfileThe founders of Himadri are Tushar Choudhary, Shyam Sundar Choudhary, Vijay Kumar Choudhary, Bankey Lal Choudhary, Amit Choudhary, Anurag Choudhary and Damodar Prasad Choudhary. Anurag Choudhary is the CEO of Himadri.
Here are the details of Himadri's key team members:
- Tushar Choudhary: Former Co-Founder of Himadri and founder of 1 other company. They serve on the board of 1 company.Contact Info: 2 email addresses
- Shyam Sundar Choudhary: Co-Founder of Himadri. They are also an angel investor in 1 startup.Contact Info: 1 email address
- Vijay Kumar Choudhary: Co-Founder & GM of Projects of Himadri. They are also an angel investor in 1 startup.
- Bankey Lal Choudhary: Co-Founder & MD of Himadri. They are also an angel investor in 1 startup.
- Amit Choudhary: Co-Founder & Executive Director of Himadri.
View details of Himadri's Founder profiles and Board 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:
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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:
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Rank | Company Details | Short Description | Total Funding | Investors | Tracxn Score |
|---|---|---|---|---|---|
1st | Manufacturer of speciality chemicals including carbon black and battery materials | $24M | 67/100 | ||
2nd | Manufacturer of diversified chemicals | $9.88M | 60/100 | ||
3rd | Oriental Carbon and Chemicals 1994, Delhi (India), Public | Manufacturer of insoluble sulphur and sulphuric acid | - | - | 33/100 |
4th | Materialize.X 2017, Kensington (United Kingdom), Funding Raised | Manufacturer of non-toxic adhesives | - | 33/100 | |
5th | Manufacturer of chemicals | - | 28/100 | ||
6th | TULASEE BIO-ETHANOL 1988, Raigad (India), Public | Manufacturer of absolute alcohol ethanol for industrial and chemical applications | - | - | 24/100 |
7th | Dr. Nanoxa 2020, Mumbai (India), Seed | Provider of a proprietary antimicrobial disinfection solution offering high efficacy against a range of microorganisms | - | - | 22/100 |
8th | Valentra 2025, Geismar (United States), Unfunded | Manufacturer of formalin products and chemical infrastructure for industrial use | - | - | 21/100 |
9th | ![]() Fatou Alkali Industry China, Acquired | Manufacturer of diversified alkali chemicals | - | - | 20/100 |
10th | Gentas Kimya 2000, Turkey, Public | Manufacturer of formaldehyde solutions, resins, and related chemical products | - | - | 20/100 |
Looking for more details on Himadri's competitors? Click here to see the top ones
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) |
See all investments and acquisitions by Himadri
Reports related to Himadri
Here is the latest report on Himadri's sector:
News related to Himadri
Media has covered Himadri for a total of 15 events in the last 1 year, 8 of them have been about company updates.
•
Himadri Speciality Chemical targets ₹1,100 crore FY28 profit on battery materials, global expansionCNBC-TV18•Sep 16, 2026•Himadri
•
Himadri Speciality Chemical invests additional AUD 1.69 million in Sicona Battery Technologiesv magazine•Aug 25, 2026•Himadri
•
Himadri Speciality Chemical Achieves Record Q1 Revenue and Profit, Expands into Advanced Carbon MaterialsCNBC-TV18•Jul 15, 2026•Himadri
•
Himadri Speciality Chemical Plans 100 GW Battery Material Manufacturing Facility, Shares RiseMoneycontrol•Jun 30, 2026•Himadri
•
Himadri Speciality Chemical Ltd Increases Stake in International Battery Company to 20.47% with $0.66M InvestmentChemical Industry Digest•Jun 20, 2026•Himadri, IBC
•
Himadri Speciality Chemicals increases investment in Australia's Sicona Battery TechnologiesThe Hindu•May 23, 2026•Com.au, Himadri
•
•
Himadri Speciality Starts Anode Material Production in West BengalUdaipur Kiran•Apr 24, 2026•Himadri
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ICICI Securities recommends hold rating on Himadri Speciality Chemical, target Rs 470.Moneycontrol•Jan 30, 2026•ICICI Securities, Himadri
•
Himadri Special Standalone December 2025 Net Sales at Rs 1,132.97 crore, up 0.1% Y-o-YMoneycontrol•Jan 19, 2026•Himadri
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