Vaghani Group

What Vaghani Group does

Vaghani Group is a privately held, family-owned industrial trading and distribution business headquartered in Mumbai, India. Founded in 1954 by late Nathalal Vaghani and currently led by Prafhul Vaghani, the group imports, distributes, and trades industrial waxes and chemical raw materials, operating three divisions: a Waxes Division covering polyethylene, microcrystalline, Carnauba, Montan, Ozokerite, Candelilla, paraffin, bees wax, gum rosin, and slack wax; a Specialty Chemicals Division covering thermoplast resins, hydrocarbon resins, oleo chemicals, gum damar, fatty alcohol, MCT oil, glycerine, and natural resins; and a Commodities Division handling spices, citric acid, maleic anhydride, and raw and refined sugar.

Annual wax import turnover exceeds 4,000 tons, sourced from Japan, China, Spain, the USA, Brazil, Mexico, Holland, and Singapore. The group holds exclusive Indian representation for Pontes (Brazil) in Carnauba Wax and Iberceras SA (Spain) in microcrystalline wax, and operates a representative office in India for Ter Hell & Co. GmbH, alongside distribution arrangements with Honeywell, Nippon Seiro, SHELL, Sasol, and Perum Perhutani. Distribution is supported by a 6,500 sq. ft. warehouse facility in Bhiwandi and a network of C&F agents across Indian states, maintaining roughly two months of stock year-round.

Revenue mechanics are one-time, quote-based B2B transactions driven by sales-led outreach to industrial buyers in copper production, cosmetics and personal care, pharmaceuticals, food and packaging, paper and printing, candle manufacturing, adhesives, rubber and tires, and other manufacturing segments. No public pricing exists; customer acquisition is driven by enquiry forms and member registration for technical data sheets. The company also exports spices to European and US markets, giving it a modest outbound trade book alongside its dominant domestic distribution franchise.

Name

Vaghani Group

Legal name

Vaghani Group

Website

https://vaghanigroup.com

Company type

Private

Founded year

1954

Operating status

Operating

Headcount range

11–50 employees

Short description

Vaghani Group is a Mumbai-based, family-owned importer, distributor, and trader of industrial waxes and specialty chemicals founded in 1954. It sources from 8+ countries, holds exclusive Indian agencies for Pontes (Brazil) and Iberceras (Spain), and serves industrial buyers across cosmetics, pharmaceuticals, copper production, packaging, adhesives, and related sectors.

Ownership category

akta.pro rank

Headquarters

HQ city

Mumbai

HQ country

India

HQ region

Asia

Offices2 records

Markets served

GTM type

B2B

Offering type

Services

Cost components

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

Revenue model

1. Wax Import and Distribution: Import and distribution of industrial waxes including Polyethylene Wax, Microcrystalline Wax, Carnauba Wax, Montan Wax, and others. Annual wax imports exceed 4000 tons.
2. Specialty Chemicals Trading: Import and trading of specialty chemicals including TBZ, HH, Gum Rosin, Orange oil, Vinyl Acetate, CC, Gum Damar, RPO, Camphor, Thermoplast Resin, Hydrocarbons Resins, and Oleo Chemicals.
3. Commodities Trading: Trading of spices (Cardamoms, Garlic, Ginger, Long Pepper, Nutmeg, Mace), chemicals (Citric Acid, Melamine Acid, Maleic Anhydride), and sugar (Raw and Refined). Also exports spices to European and US markets.
4. Sugar Trading: Trading of raw and refined sugar from Brazil with specifications including Icumsa-45 and Icumsa-150 grades, available in 50kg crystal form and emulsion for fruit coatings.

Pricing tiers

Go-to-market motion1 record

Distribution channels3 records

Marketing channels3 records

Core offering

Vaghani Group imports, distributes, and trades industrial waxes and chemical raw materials in India. The company sources industrial waxes, specialty chemicals, and commodities from global manufacturers across 8+ countries and distributes them to industrial customers throughout India via its Bhiwandi warehouse and C&F agent network, with annual wax imports exceeding 4000 tons. It also exports spices to European and US markets.

Product overview

Vaghani Group is an importer, distributor, and trader of industrial waxes and chemical raw materials in India, established in 1954. The company operates through three core business divisions: (1) Waxes Division - handling a comprehensive range of industrial waxes including Polyethylene Wax, Microcrystalline Wax, Carnauba Wax, Montan Wax, Ozokerite Wax, Candelilla Wax, Paraffin Wax, Bees Wax, Gum Rosin, Acrylamide, Terpentine Oil, Pinene Oil, and Slack Wax sourced from vendors across USA, Japan, Spain, Germany, Brazil, Mexico, Holland, Singapore, China, and Indonesia; (2) Specialty Chemicals Division - providing Thermoplast Resin, Hydrocarbons Resins, Oleo Chemicals, Gum Damar, Fatty Alcohol, MCT Oil, Glycerine, and Natural Resin; (3) Commodities Division - trading spices, chemicals, and sugar. The group sources products from exclusive global partnerships including Pontes (Brazil) for Carnauba Wax and Iberceras SA (Spain) for Microcrystalline Wax.

Differentiator

Problem solved

Functional benefit

Products and services

• Waxes Division
• Specialty Chemicals Division
• Commodities Division
• Honeywell Polyethylene Wax (AC Series)
• Microcrystalline Wax
• Carnauba Wax
• Montan Wax (Romanto)
• Gum Rosin
• Thermoplast Resin
• Hydrocarbons Resins
• Oleo Chemicals
• Gum Damar (Damar Batu)

Named customers6 records

Segments6 records

Ideal customer profiles1 record

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature1 record

Partnerships

Eight partnerships are on record, tiered core and minor.

• Pontes (Brazil)coreChannel Partner/ Reseller/ DistributorExclusive representative in India for Pontes Brazil's Carnauba Wax products including Starlight Brand. Pontes supplies T1 Prime yellow, T3 Red, and T4 Black grades of Carnauba Wax in 25kg packaging.
• Iberceras SA (Spain)coreChannel Partner/ Reseller/ DistributorExclusive representative in India for Iberceras SA Spain's Micro Wax products including grade 2305 and P.E 811 microcrystalline wax in 24kg slab form.
• Ter Hell & Co. GmbHcoreChannel Partner/ Reseller/ DistributorRepresentative office in India for Ter Hell & Co. GmbH, a global trading company in the wax and chemicals industry.
• Honeywell International Inc.minorChannel Partner/ Reseller/ DistributorDistributor of Honeywell Polyethylene Wax products including AC 8, AC 9, AC 16, AC 656, AC 680, AC 629, and AC 671 A grades from USA in 25kg prills and powder form.
• Nippon Seiro (Japan)minorChannel Partner/ Reseller/ DistributorDistributor of Nippon Seiro microcrystalline wax (Himic1080) from Japan in 27kg slab form.
• SHELL (Netherlands)minorChannel Partner/ Reseller/ DistributorDistributor of SHELL microcrystalline wax products LMP and HMP from Holland in 24.800kg slab form.
• Sasol (Germany)minorChannel Partner/ Reseller/ DistributorDistributor of Sasol wax products including 3971 and 3973 microcrystalline wax from Germany in 25kg slab form.
• Perum Perhutani (Indonesia)minorChannel Partner/ Reseller/ DistributorDistributor of Perum Perhutani Gum Rosin WW grade in 240kg blocks and Turpentine Oil from Indonesia.

Scale indicators5 records

Recent moves6 records

Expansion highlights5 records

Broad incumbents

• Brenntag SE: World's largest chemical distribution company, operating across commodity and specialty chemicals globally with a significant Indian footprint. Directly comparable to Vaghani as a chemical importer-distributor, but at far larger scale and with a broader product portfolio.
• Univar Solutions: Major global chemical and ingredient distributor serving industrial, pharmaceutical, and consumer-care customers. Comparable to Vaghani as a chemical distribution intermediary, though focused on broader chemistry portfolios.
• IMCD N.V. Global market leader in specialty chemicals and ingredients distribution with established operations in India (IMCD India). Comparable to Vaghani's specialty chemicals division (oleo chemicals, hydrocarbon resins, gum damar) serving personal care, pharma, and industrial customers.
• Azelis Group: Global specialty chemicals and food ingredients distributor with growing Asia-Pacific and Indian presence. Comparable to Vaghani in its specialty-chemicals distribution model and multi-industry customer base (personal care, pharma, food, industrial).
• Helm AG: Hamburg-based family-owned global chemical distribution and marketing company, with a multi-decade heritage similar to Vaghani. Comparable in business model (international chemical trading, specialty raw materials distribution) and family-ownership profile.

Emerging players

• Manuchar: Global distribution platform for chemicals, polymers, and industrial raw materials, with strong presence in emerging markets including India. Comparable to Vaghani as a multi-product international trading and distribution business.
• TER Group (TER Chemicals): German-headquartered distributor of specialty and industrial chemicals with global sourcing and distribution activities. Comparable to Vaghani as a mid-sized international chemical trading and distribution specialist.
• Biesterfeld Spezialchemie: European specialty chemical distributor with growing international footprint across life sciences, personal care, and industrial markets. Comparable to Vaghani's specialty chemicals division as an importer-distributor of high-value industrial raw materials.

Market position

Strengths4 records

Weaknesses4 records

Competitive moat5 records

Key risks6 records

Key highlights7 records

Customer concentration

• LinkedInlinkedin.com/company/vaghani-group---india

Revenue estimate

Valuation estimate

Number of profiles

Profiles1 record

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 Vaghani Group