Bhimrajka Impex Group

What Bhimrajka Impex Group does

Bhimrajka Impex Group is a privately-held, second-generation family-owned Indian industrial group founded in 1975 by Mr. Vijay Bhimrajka in Mumbai. The group's core business is the distribution of performance polymers and specialty chemicals, where it acts as the strategic Indian gateway for multiple unnamed global chemical principals seeking access to the Indian rubber and plastics market. Revenue is generated primarily on a transaction-fee distribution basis, supplemented by manufacturing and real estate activities housed in four group entities.

Beyond distribution, the group operates a plastic compounding and masterbatch manufacturing unit (Polmann India Ltd., established 2010 in Maharashtra), a high-performance coatings and composites joint venture with Germany's Mader Group (Bhimrajka Mader Coatings Pvt. Ltd., set up 2010 in Shrirampur), and a real estate arm (Bhimrajka Realty LLP, formed 2009) developing IT-park infrastructure and other property projects under the 'Infinium' brand. The corporate footprint spans four Indian cities — Mumbai (headquarters at Cuffe Parade), Kolkata, Chennai, and New Delhi — with manufacturing capacity concentrated in Shrirampur, Maharashtra.

The company is privately held with 51-100 employees, no external institutional investment or stock exchange listing, and no publicly disclosed revenue. Its go-to-market is an all-India direct distribution network targeting enterprise buyers in the rubber and plastic manufacturing sector. The group has emphasized family-driven professionalism and CSR commitments but has provided no public disclosure on technology platforms, AI/ML capabilities, certifications, or proprietary IP.

Name

Bhimrajka Impex Group

Legal name

Bhimrajka Impex Group

Website

https://bhimrajka.com

Company type

Private

Founded year

1975

Operating status

Operating

Headcount range

51–100 employees

Short description

Bhimrajka Impex Group is a second-generation Indian industrial group founded in 1975 that distributes performance polymers and specialty chemicals on behalf of global chemical principals across India, with complementary manufacturing in masterbatches and coatings and a real estate arm.

Ownership category

akta.pro rank

Product category

Chemical Distribution and Manufacturing

NAICS

Chemical Manufacturing (325), Custom Compounding of Purchased Resins (325991), Resin, Synthetic Rubber, and Artificial and Synthetic Fibers and Filaments Manufacturing (3252)

SIC

Industrial Organic Chemicals (2860)

akta.pro primary industry

Polymer Compounds & Masterbatches (Compounding, Color/Fill/Additive Concentrates) (IMAEANAJ)

akta.pro secondary industries

Conductive/ESD & EMI-Shielding Compounds (IMANABAH), Masterbatch Manufacturing (Color, Additive, White/Black) (IMANABAD)

Keywords

• Performance polymers distribution
• Speciality chemicals trading
• Masterbatch manufacturing
• Industrial chemical supply
• Polymer distribution India

Headquarters

HQ city

Mumbai

HQ country

India

HQ region

Asia

Offices5 records

Markets served

GTM type

B2B

Offering type

Hardware or Manufacturing

Cost components

Supply Chain, Operations, Personnel, Marketing or Sales, Infrastructure

Revenue model

1. Distribution of Performance Polymers and Speciality Chemicals: The company generates revenue as a leading distributor of performance polymers and speciality chemicals, representing global chemical companies in the Indian market.

Go-to-market motion1 record

Distribution channels1 record

Core offering

Bhimrajka Impex Group is a diversified Indian conglomerate whose core business is the distribution of performance polymers and speciality chemicals across India, acting as the strategic partner for global chemical companies. The group also manufactures masterbatches through Polmann India Ltd., produces high-performance coatings and composites through its joint venture Bhimrajka Mader Coatings Pvt. Ltd., and develops real estate through Bhimrajka Realty LLP.

Product overview

Bhimrajka Impex Group operates as a diversified business conglomerate with four distinct group companies. The core business centers on distribution of Performance Polymers and Speciality Chemicals through Bhimrajka Exim LLP, complemented by manufacturing operations including Polmann India Ltd. for plastic compounding and Masterbatch production, Bhimrajka Mader Coatings Pvt. Ltd. for high performance coatings and composites (joint venture with Mader Group), and Bhimrajka Realty LLP for real estate development. The group also maintains involvement in speciality paints manufacturing.

Differentiator

Problem solved

Functional benefit

Products and services

• Performance Polymers and Speciality Chemicals Distribution Distribution of performance polymers and speciality chemicals across India, serving rubber and plastic industry customers. The company acts as a strategic distribution partner for global chemical companies seeking entry into the Indian market, with an all-India distribution network.
• Masterbatch Manufacturing (Polmann India Ltd.) Manufacture of masterbatches through the plastic compounding unit at Polmann India Ltd., producing quality masterbatch products for the higher end of the market. Customers include manufacturers requiring high-quality plastic compounding inputs.
• High Performance Coatings and Composites Manufacture of speciality paints, coatings, and composites supplied to customers in the Indian market through the joint venture with The Mader Group, bringing world-class technology to Indian manufacturers.
• Real Estate Development Real estate and infrastructure development including IT company infrastructure projects and other real estate developments in India, operated under the Infinium venture project.

Segments2 records

Ideal customer profiles3 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Partnerships

Two partnerships are on record, tiered core.

• The Mader GroupcoreStrategic or Co-development Partner · 1 January 2010Bhimrajka Group and The Mader Group created a Joint Venture Company 'Bhimrajka Mader Coatings Pvt. Ltd.' to better serve the Indian market for High Performance Coatings and Composites. The company is committed to provide solutions to customers in India with world-class technology.
• Various Global Chemical CompaniescoreChannel Partner/ Reseller/ DistributorThe company serves as a strategic distribution partner for major global chemical companies to cater to the needs of the vast Indian market. Years of experience in the rubber and plastic industry has helped achieve leadership position.

Scale indicators2 records

Recent moves7 records

Expansion highlights4 records

Broad incumbents

• Azelis: Global specialty chemicals and food ingredients distributor with Asia-Pacific operations. Comparable distribution model focused on specialty and performance chemicals for industrial end-markets.
• Atul Ltd: Diversified Indian chemicals manufacturer with operations across performance chemicals, polymers, and intermediates. Comparable as a large Indian player in performance and specialty chemicals with manufacturing and distribution capabilities.
• Avient Corporation (formerly PolyOne): Global specialty polymer materials supplier including masterbatch, engineered materials, and colorants. Comparable as a masterbatch and specialty polymer producer competing globally with Polmann India's higher-end masterbatch offering.
• IMCD: Global specialty chemicals and ingredients distributor with significant India presence. Closely comparable business model of representing global principals and distributing specialty/performance chemicals into local markets.
• Brenntag: Global market leader in chemical and ingredient distribution with operations in India. Comparable as a large specialty chemicals and performance materials distributor serving industrial customers through an established distribution network.

Direct peers

• Hikal Ltd: Indian specialty chemicals manufacturer serving pharmaceuticals, agrochemicals, and performance chemicals. Comparable as an India-headquartered specialty chemicals company with manufacturing and distribution operations across multiple verticals.
• Ampacet Corporation: Global manufacturer of specialty color and additive masterbatches. Comparable as a masterbatch producer competing with Polmann India in the higher-end masterbatch segment serving plastics processors.
• Plastiblends India: One of India's largest masterbatch manufacturers, producing color, white, black, and additive masterbatches. Direct competitor to Polmann India Ltd.'s masterbatch compounding business and operates in the same higher-end Indian masterbatch market segment.

Market position

Strengths4 records

Weaknesses4 records

Competitive moat3 records

Key risks5 records

Key highlights5 records

Customer concentration

• LinkedInlinkedin.com/company/bhimrajka-impex-ltd

Revenue estimate

Valuation estimate

Number of profiles

Profiles1 record

Subsidiaries4 records

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Bhimrajka Impex Group