Vimal

What Vimal does

Vimal (operating as Vimal Intertrade Pvt Ltd) is a Mumbai-headquartered specialty chemical distribution company founded in 1986. It distributes resins, amines, catalysts, monomers, surfactants, additives, and specialty intermediates from global chemical principals to Indian manufacturers across paints and coatings, adhesives, construction chemicals, printing inks, textiles, life sciences, polymers, leather, and specialty industrial chemicals. The company operates a national network of six regional offices and five warehousing locations, executing 150+ daily deliveries and moving 60,000+ metric tonnes of materials annually to a base of more than 5,000 customers, with a recent milestone of US$240 million in sales.

Vimal's business is organized through four core operating subsidiaries — Vimal Agencies (direct indent / full-container-load distribution), Vimal Intertrade (ex-works distribution with formulation development), Vimal Logistics (warehousing and transportation services anchored by a 125,000 sq.ft. facility in Wada, Maharashtra), and Vimal Life Sciences (personal care, pharma, food, agriculture, water, and oil & gas end-markets) — supported by the Technical Service & Innovation Centre (TSIC/TSAC) in Mumbai and a custom CRM and mobile platform used by the field sales force. The group holds ISO 9001, 14001, and 45001 certifications, a CARE A- credit rating, and an EcoVadis Bronze Medal (2025), and is owned and controlled by the Shah family with Bimal V. Shah as Chairman & Managing Director.

Vimal earns revenue through transaction-based chemical distribution and trading, ex-works distribution, direct indent business for full container loads, point-to-point logistics services, and value-added formulation and technical services. Distribution mandates from global principals — including Dow, BASF, Covestro, Evonik, Lanxess, Arkema, Olin, UBE, Sun Chemical, Baltimore Innovations, and others — are the foundation of the go-to-market, delivered through a sales-led, technically trained field organization rather than digital channels. Pricing is quote-based on bulk specialty chemicals, and customer relationships range from kilo-scale to full-truck-load orders, yielding a fragmented, high-transaction customer book rather than concentrated anchor accounts.

Name

Vimal

Legal name

Vimal Intertrade Pvt Ltd

Website

https://vimalagencies.net

Company type

Private

Founded year

1986

Operating status

Operating

Headcount range

101–250 employees

Short description

Vimal (Vimal Intertrade Pvt Ltd) is a Mumbai-based specialty chemical distribution company founded in 1986 that supplies resins, monomers, additives, surfactants, and intermediates from global principals to 5,000+ Indian manufacturers across coatings, adhesives, construction, inks, life sciences, and industrial chemicals.

Ownership category

akta.pro rank

Product category

Specialty Chemical Distribution

NAICS

Other Chemical and Allied Products Merchant Wholesalers (42469), Chemical and Allied Products Merchant Wholesalers (4246)

SIC

Miscellaneous Chemical Products (2890)

akta.pro primary industry

Chemicals, Ingredients & Raw Materials Marketplaces (CRAFAHAK)

Keywords

• Specialty chemical distribution
• Resin distribution
• Chemical logistics services
• Formulation development
• Industrial chemical sourcing

Headquarters

HQ city

Mumbai

HQ country

India

HQ region

Asia

Offices6 records

Markets served

GTM type

B2B

Offering type

Services

Cost components

Supply Chain, Personnel, Operations, Marketing or Sales, Technology or R&D, Infrastructure

Revenue model

1. Chemical Distribution and Trading: Core revenue from distribution and trading of specialty chemicals sourced from global MNCs to Indian customers. Includes ex-works distribution, direct indent business for full container loads, and point-to-point logistics.

Go-to-market motion1 record

Distribution channels3 records

Marketing channels2 records

Core offering

Vimal is a B2B distributor of specialty chemicals sourced from global principals to Indian manufacturers. The portfolio spans resins, amines, catalysts, monomers, surfactants, molecular sieves, additives, biocides and solvents serving paints & coatings, adhesives, construction chemicals, printing inks, life sciences and advanced materials end-markets. The company also provides formulation development support through its Technical Service & Innovation Centre (TSIC), just-in-time delivery from five warehouses, and end-to-end logistics through its Vimal Logistics subsidiary.

Product overview

Vimal is a chemical distribution company operating as a unified platform across multiple business divisions. The core offering consists of four main business units: Vimal Agencies (direct indent business for container loads), Vimal Intertrade Pvt. Ltd. (ex-works distribution with formulation development services), Vimal Logistics Pvt. Ltd. (warehousing and transportation), and Vimal Life Sciences Pvt. Ltd. (ingredients for Life Science sectors). Supporting these is the Technical Service & Innovation Centre (TSIC) providing technical expertise and formulation support. The product portfolio includes chemical products such as Resins (Epoxy, Acrylic, Polyamide, Polyester, Polyurethane, Vinyl), Epoxy Curing Agents, Polyurethane Curing Agents, Amines, Catalysts, Reactive Solvents/Intermediates, Monomers, Paint Additives, TEGO Additives, Specialty Resins/CO Binders, Latex Emulsion, Biocides, Glycol Ether/Solvents, Surfactants, and Molecular Sieves. The company also offers custom CRM software and mobile application for its sales force. These products and services serve diverse end-use industries including Coatings & Construction, Performance Chemicals, Specialty Chemicals, LifeScience, and Advance Materials sectors.

Differentiator

Problem solved

Functional benefit

Products and services

• Vimal Intertrade Pvt. Ltd. (Ex-works Distribution) Ex-works distribution business offering comprehensive services from formulation development to warehousing and shipping, connecting global chemical suppliers to Indian customers.
• Vimal Agencies (Indent Business) Direct indent business through point-to-point logistics for full container loads or larger quantities of chemicals between producers and customers.
• Vimal Logistics Pvt. Ltd. End-to-end logistic support with central, regional and local warehouses across all operating territories, providing warehousing and transportation services.
• Vimal Life Sciences Pvt. Ltd. Caters to Life Sciences sector with ingredients and technologies for Personal Care, Home Care, Pharmaceutical, Food, Agriculture, Water, Oil & Gas and bio-based products.
• Technical Service & Innovation Centre (TSIC/TSAC) Provides formulators with expertise throughout the product development process from concept to formulation development, offering 'Total Solutions' with starting formulations and technical services.
• Resins Chemical product category including Epoxy, Acrylic, Polyamide, Polyester, Polyurethane, Vinyl, Redispersible Powder (RDP), Single Pack Epoxy, Acrylic Polyol, and Acrylated Alkyd resins for coatings, adhesives and industrial applications.
• Epoxy Curing Agents Curing agents for epoxy systems including Polyetheramine, Aliphatic & Cycloaliphatic Amine Adducts, Accelerator/Diluents, Catalysts, and water-borne curing agents.
• Polyurethane Curing Agents Polyurethane curing agents including Aliphatic and Aromatic Polyisocyanates, IPDI (Desmodur I), TDI/MDI, soft feel resins and single pack polyurethane systems.
• Amines Chemical intermediates including TETA, DETA, TEPA and TEA used as curing agents and in specialty chemical synthesis.
• Catalysts Tin-based catalysts including Dibutyl Tin Dilaurate (DBTL), Dibutyl Tin Oxide (DBTO) and Monobutyl Tin Oxide (MBTO) for polyurethane, esterification and other reactions.
• Monomers Wide range of functional monomers including GAA, GMMA, GMAA, EGDMA, HPA, HEA, DMAEMA, DMAPMA, TBA, CHMA, IBOMA, HEMA, Methacrylamide and others for polymer and coating synthesis.
• Paint Additives Functional additives for paints and coatings including matting agents, rheology modifiers (HEC/MHEC), AMP 95, water/solvent repellents, surfactants, anti-shrinkage agents, air-entraining agents, silanes and moisture scavengers.
• TEGO Additives Evonik's TEGO brand additives including deaerators/defoamers, surface control additives, dispersing agents, substrate wetting additives, rheological additives, radiation cure additives, anti-graffiti additives and hydrophobic agents.
• Specialty Resins / CO Binders Specialty resins including Silicone Polyester, Silicone Epoxy, Silicone Modified PUD, adhesion promoters and nano resins for high-performance coatings.
• Biocides In-can and dry film preservatives for paints, coatings, emulsions and other water-based formulations.
• Glycol Ether / Solvents Glycol ethers and specialty solvents including P-Series (PM, PMA, DPM, PNP, DPNB, PPH, EPH), E-Series glycol ethers, NIPAR S10, N-Propanol, PG/DPG, DIBK and primary amyl alcohol/acetate.
• Surfactants Nonionic (NPEO, OPEO, LAEO, TDAEO, L-61/L-62 block copolymers), phosphate ester, specialty emulsifiers and anionic surfactants (SLES, SLS, LABSA, AOS) for detergents, personal care and industrial cleaning.
• Molecular Sieves Molecular sieves from Baltimore Innovations including Supersiv 3A and 4A grades in powder and paste forms for moisture scavenging in polyurethane and coating systems.

Quantifiable outcome

• 275 employees serving 5,000+ customers with 150+ daily deliveries
• +1 more outcomes

Named customers2 records

Segments9 records

Ideal customer profiles4 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature2 records

Partnerships

23 partnerships are on record, tiered core and flagship.

• AdvancioncoreStrategic or Co-development PartnerGlobal specialty chemical supplier partnered with Vimal for distribution in Indian market
• AlteqocoreStrategic or Co-development PartnerGlobal specialty chemical supplier partnered with Vimal for distribution in Indian market
• ArkemacoreStrategic or Co-development PartnerMajor global specialty chemicals company partnered with Vimal for Indian market distribution
• CorumcoreStrategic or Co-development PartnerGlobal specialty chemical supplier in Vimal's principal partner network
• BASFcoreStrategic or Co-development PartnerMajor global chemical company partnered with Vimal for distribution in India
• EvidentcoreStrategic or Co-development PartnerGlobal specialty chemical supplier in Vimal's principal partner network
• LanxesscoreStrategic or Co-development PartnerGlobal specialty chemicals company partnered with Vimal, has awarded Vimal multiple times
• SurfactachemcoreStrategic or Co-development PartnerSurfactant specialty chemical supplier in Vimal's principal partner network
• TC-UsacoreStrategic or Co-development PartnerGlobal specialty chemical supplier partnered with Vimal for Indian market
• TICcoreStrategic or Co-development PartnerGlobal specialty chemical supplier in Vimal's principal partner network
• Baltimore InnovationscoreStrategic or Co-development PartnerGlobal supplier of molecular sieves and specialty chemicals partnered with Vimal
• CovestroflagshipStrategic or Co-development PartnerMajor global polymer and specialty materials company; has awarded Vimal multiple times including Covestro Distributor Award 2023 and Covestro Certificate of Recognition 2021
• GokulcoreStrategic or Co-development PartnerGlobal specialty chemical supplier in Vimal's principal partner network
• OcsialcoreStrategic or Co-development PartnerGlobal specialty chemical supplier partnered with Vimal
• OlincoreStrategic or Co-development PartnerGlobal specialty chemicals and epoxy systems company in Vimal's partner network
• OrioncoreStrategic or Co-development PartnerGlobal specialty chemical supplier partnered with Vimal for distribution
• RohmcoreStrategic or Co-development PartnerGlobal specialty chemical company in Vimal's principal partner network
• SaluszencoreStrategic or Co-development PartnerGlobal specialty chemical supplier in Vimal's principal partner network
• Sun ChemicalcoreStrategic or Co-development PartnerGlobal printing inks and pigments company partnered with Vimal
• Tib-ChemicalscoreStrategic or Co-development PartnerGlobal specialty chemical supplier in Vimal's principal partner network
• UBEcoreStrategic or Co-development PartnerGlobal specialty chemical supplier partnered with Vimal for Indian market
• DowflagshipStrategic or Co-development PartnerMajor global chemical company; has awarded Vimal Dow India '24 Karat Diamond' Honor 2019 and DOW India 2020-21 recognition
• EvonikflagshipStrategic or Co-development PartnerGlobal specialty chemicals company partnered with Vimal; awarded Vimal Performance Excellence in New Products Promotion 2024

Scale indicators8 records

Recent moves6 records

Expansion highlights6 records

Regional players

• DKSH Holding AG: Market expansion services company with a significant specialty chemicals and ingredients distribution business across Asia-Pacific. Comparable to Vimal in serving as the Asia/India channel partner for global chemical principals, with similar technical distribution capabilities.
• Redington Limited: India-headquartered distribution company with IT and emerging non-IT distribution businesses including chemicals. While primarily IT-focused, Redington's distribution model and India footprint are structurally comparable to Vimal's multi-principal, multi-region distribution approach within India.
• HSH Chemet (now part of Safic-Alcan): Specialty chemicals distributor serving Central/Eastern Europe and Asia with comparable multi-principal distribution model. Provides another regional peer reference for how specialty chemical distributors operate in their respective geographies with technical service support.

Direct peers

• Azelis Group: Specialty chemicals and ingredients distributor serving personal care, pharma, food, and industrial markets with technical sales support. Highly comparable to Vimal's business model of distributing specialty chemicals from global principals with application expertise, including meaningful India and Asia-Pacific presence.
• Caldic Group: Global specialty chemicals and ingredients distributor serving life sciences, personal care, food, and industrial markets. Comparable to Vimal in business model (specialty distribution with technical application expertise), with overlapping exposure to personal care and industrial coatings end markets.
• Manuchar Group: Global chemical distribution company with strong emerging-markets presence, distributing specialty and commodity chemicals to industrial customers. Comparable to Vimal's focus on emerging market distribution of imported specialty chemicals with logistics infrastructure.
• IMCD N.V. Global specialty chemicals and food ingredients distributor with strong technical sales and formulation support capabilities. Closely comparable to Vimal in serving paints/coatings, life sciences, and industrial specialty chemicals segments, with a similarly technical-sell motion. IMCD's India operations overlap directly with Vimal's core market.

Broad incumbents

• Univar Solutions: Large global chemical and ingredients distributor serving industrial, beauty/personal care, and life sciences end markets. Comparable to Vimal in distributing specialty chemicals and ingredients across multiple end markets with technical service support, though at significantly larger scale.
• Brenntag SE: Global market leader in chemical distribution with a multi-decade track record of distributing specialty and industrial chemicals to industrial customers. Directly comparable to Vimal in business model (B2B chemical distribution with technical service), though operating at vastly larger global scale versus Vimal's India-focused footprint.
• Biesterfeld Group: European-headquartered specialty chemicals distributor serving industrial, personal care, and life sciences markets. Comparable to Vimal in distributing specialty raw materials and ingredients from global principals with technical sales coverage, though operating primarily in Europe.

Market position

Strengths4 records

Weaknesses4 records

Competitive moat6 records

Key risks5 records

Key highlights7 records

Customer concentration

Compliance7 records

Revenue estimate

Valuation estimate

Number of profiles

Profiles4 records

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 Vimal