Radar · Chemicals and Materials in Kolkata
Best Chemicals and Materials Companies in Kolkata, India
The 145 best Chemicals and Materials companies in Kolkata, India in 2026, ranked by funding and momentum. Funding, investors, founders, valuation, tech stack and live signals. Top: Shyam Metalics.
By Riya SenguptaFinancials
145companies tracked
$369.5Mdisclosed funding
0unicorns
5have raised
FLIAR INTELLIGENCE · CHEMICALS AND MATERIALS × KOLKATA
Our analysis of 84 Chemicals and Materials companies
$9.3b in tracked funding; 55% of the stack-profiled cohort runs cloud-native; funding activity peaked in 2024.
84companies analysed
55%cloud-native stacks
2024funding peak (by rounds)
1unicorns
1993median founding year
1Mcombined LinkedIn audience
83%of audience held by top 3
6companies hiring publicly (12 mo)
Ranked: Best Chemicals and Materials companies in Kolkata
| # | Company | Disclosed funding | Revenue | Revenue YoY | Employees | Founder | Tech stack | Recent signals |
|---|---|---|---|---|---|---|---|---|
| 1 | Shyam Metalics Manufacturer of ferro alloy and steel products 72Market top 24%Product top 24%News top 28%Fin. health top 32% All 11 signals ▾Markettop 24% Producttop 24% Newstop 28% Fin. healthtop 32% Fundingtop 33% Techtop 33% Moattop 34% Talentbottom 49% Growthbottom 48% Innovationbottom 46% Globalbottom 32% Market: 3,623 employees (top 9% of Chemicals and Materials) · Revenue ~$1.8B Product: 1 product launch event in 12 mo · 9 distinct product lines rank vs industry peers · Fliar Intelligence Index 72/100 | $167M | $1.8B FY2025 | +15% | 3,623 3,623 → 3,569 (-1%) | Brij Agarwal Managing Director & Chairman | WordPressMySQLPHP+40 | 1 job opening |
| 2 | Haldia Petrochemicals Manufacturer of polyethylene products 57Fin. health top 14%Market top 29%Moat top 36%Talent top 38% All 12 signals ▾Fin. healthtop 14% Markettop 29% Moattop 36% Talenttop 38% Growthtop 42% Fundingtop 43% Partnerstop 50% Techbottom 44% Globalbottom 40% Patentsbottom 38% Newsbottom 37% Innovationbottom 18% Fin. health: Revenue ~$1.7B (FY2015) · Net margin 12.9% Market: 1,072 employees (top 21% of Chemicals and Materials) · Revenue ~$1.7B rank vs industry peers · Fliar Intelligence Index 57/100 | $46M | $1.7B FY2025 | +182938% | 1,072 1,072 → 1,868 (+74%) | Purnendu Chatterjee Founder | PHPBootstraptoastr+12 | 1 expansion |
| 3 | Berger Paints Manufacturer & Supplier of Decorative Paints | — | $1.4B FY2025 | +3% | 4,390 4,390 → 10,058 (+129%) | Abhijit Roy Ceo | Windows ServerRaphaelChart.js+17 | 1 award |
| 4 | Shyam Steel Manufacturer and supplier of steel products 72Innovation top 20%Moat top 20%Customers top 21%Market top 28% All 12 signals ▾Innovationtop 20% Moattop 20% Customerstop 21% Markettop 28% Producttop 36% Techtop 39% Growthtop 42% Fin. healthtop 42% Fundingbottom 47% Talentbottom 45% Globalbottom 32% Newsbottom 24% Innovation: 7 product lines Moat: Top 4% by revenue among 372 tracked Metals and Alloys companies · Editorial + unicorn rating 4/10 rank vs industry peers · Fliar Intelligence Index 72/100 | $19M | $847M FY2025 | +9% | 6,365 | Suket Beriwal Owner | WordPressMySQLPHP+29 | — |
| 5 | Jai Balaji Group Manufacturer of raw iron and processed steel products 62Product top 14%Innovation top 20%Funding top 28%Moat top 31% All 11 signals ▾Producttop 14% Innovationtop 20% Fundingtop 28% Moattop 31% Markettop 34% Talenttop 45% Fin. healthtop 46% Growthbottom 39% Techbottom 39% Globalbottom 39% Newsbottom 27% Product: 8 distinct product lines · Company stage: Public Innovation: 8 product lines rank vs industry peers · Fliar Intelligence Index 62/100 | $112M | $759M FY2025 | -3% | 666 666 → 1,449 (+118%) | Aditya Jajodia Chairman & Managing Director | WordPressPleskMySQL+16 | 1 award |
| 6 | Chloride Metals Manufacturers of lead & lead based products for the battery industry | — | $683M FY2025 | +16% | 288 | Rajalakshman R CEO & Managing Director | PHPOpenSSLApache HTTP Server+7 | — |
| 7 | Himadri Chemicals and Industries Manufactures coal tar and basic industrial chemicals. | $24M | $552M FY2025 | +10% | 762 | Vijay Kumar Choudhary Co-Founder | PleskPHPYouTube+9 | — |
| 8 | Akzo Nobel India Manufacturer of paints and coatings | — | $487M FY2025 | +3% | — | Gregoire Guillaume CEO | PHPBootstrapApache HTTP Server+8 | — |
| 9 | Ellenbarrie Manufacturer and supplier of industrial gases | — | $41M FY2025 | +20% | 99 | Shanti Prasad Agarwala Founder & Director | WordPressMySQLPHP+18 | 3 job openings |
| 10 | Black Diamond Explosives Manufacturing company that specializes in the production of explosives, involved in various mining and… | — | $34M FY2025 | — | — | Aloke Khaitan Managing Director | — | — |
| 11 | Ambica India Manufacturer and exporter of chemical products | — | $33M FY2022 | — | 40 40 → 48 (+20%) | — | WordPressMySQLPHP+18 | 2 job openings · 1 partnership |
| 12 | Ark Chemicals Manufacturer of calcium carbonate powder | — | $31M FY2025 | +68% | 30 | — | EnvoyAmazon Web ServicesSwiper+7 | — |
| 13 | ARCL Organics Provider of binder and adhesives solutions for plywood and wood-based industries | — | $30M FY2025 | +31% | 375 | — | WordPressMySQLPHP+21 | — |
| 14 | CBA Provider of bitumen emulsions for various applications, including road construction and maintenance | — | $16M FY2025 | -3% | 38 | — | — | — |
| 15 | Eastern Electrodes & Coke Provider of electrode carbon paste, tamping paste, and lining paste | — | $15M FY2022 | — | 28 | — | — | — |
| 16 | A. V. M. Sales Leading chemicals and acids distribution company | — | $15M FY2025 | +16% | — | Pratyush Choudhary CEO & Director | — | — |
| 17 | East End Silks Manufacturer and exporter of silk fibre and yarns | — | $15M FY2025 | -27% | 592 | — | — | — |
| 18 | BMI Minerals Specializing in importing ferro alloys | — | $11M FY2025 | -9% | 22 | — | — | — |
| 19 | DRK Metallurgical Manufacturer of noble ferro alloys and recycler of spent catalyst | — | $9M FY2025 | +58% | — | Rajat Kapoor Owner | — | — |
| 20 | Colour Chromes Provider of chromium chemicals for various industrial applications | — | $8M FY2025 | -3% | 39 | Apurva Goenka Co-Owner & Director | — | — |
| 21 | AI Champdany Industries Jute yarn and product manufacturer | — | $7M FY2022 | -32% | 14 | — | — | — |
| 22 | Kalpena Industries Provider of trading information, news and reviews | $2M | $6M FY2025 | -35% | 2 | Sushil Verma CEO | — | — |
| 23 | BT Polymers Company that manufactures and supplies a range of polymer products | — | $4M FY2025 | +25% | — | Prashanta Mallik CEO & Director | — | — |
| 24 | Eastern Silk Industries Integrated silk manufacturer | — | $3M FY2025 | +25% | 247 | — | WordPress Site EditorElementorWordPress+17 | — |
| 25 | Efcl-India Provider of property claims management and repair services | — | $2M FY2025 | -3% | — | — | — | — |
| 26 | Asuranagroup Provider of digital loyalty and rewards solutions for businesses | — | $1M FY2022 | — | — | — | — | — |
| 27 | Asianol Lubricants Manufacturers of industrial & automotive lubricating oils, greases, and other speciality chemicals | — | $1M FY2022 | — | 32 | — | — | — |
| 28 | Associated Coaters Provider of powder coating services for aluminum extrusions | — | $705K FY2025 | +11% | — | Gurmel Dhillon Founder | — | — |
Top 7 Chemicals and Materials companies in Kolkata
#1
Public · Kolkata, West Bengal · founded 1991 · 3623 employees$166.7Mraised▾
Public · Kolkata, West Bengal · founded 1991 · 3623 employees
Manufacturer of ferro alloy and steel products
Fliar Intelligence Index™ 72how this company ranks against its industry peers
Market
top 24%Product
top 24%News
top 28%Fin. health
top 32%Funding
top 33%Tech
top 33%Market: 3,623 employees (top 9% of Chemicals and Materials) · Revenue ~$1.8B · ~1% of tracked Metals and Alloys revenue (372 cos, FY2025)
Product: 1 product launch event in 12 mo · 9 distinct product lines · Company stage: Public
News: 37 BI events in 12 mo (of 133 tracked, 12 types) · +76% YoY · 1 high-value events (IPO/M&A/funding/contracts) in 12 mo
Audience (LinkedIn): 194k LinkedIn followers — 18.8% of this cohort's audience
Hiring (LinkedIn): 1 hiring post in 12 mo (public) · hiring: Electrical, Mechanical
Funding rounds
- Jan 2024Post IPO$166.7M
Founders & team
Investors
Societe Generale, Reliance Money
Tech stack
AddtoanyAddtoany Share ButtonsAnimate.CssApache Http ServerBootstrapCdnjs
#2
Public · Kolkata, West Bengal · founded 1999 · 666 employees$111.9Mraised▾
Public · Kolkata, West Bengal · founded 1999 · 666 employees
Manufacturer of raw iron and processed steel products. The company also manufactures sponge iron, pig iron, reinforcement steel TMT bars, alloy, mild steel billets, wire rods, alloy, and mild steel heavy rounds. The company utilising and conserving natural resources, improving the quality of life of the people, by improving water, sanitation facilities and education of dependant families.
Fliar Intelligence Index™ 62how this company ranks against its industry peers
Product
top 14%Innovation
top 20%Funding
top 28%Moat
top 31%Market
top 34%Talent
top 45%Product: 8 distinct product lines · Company stage: Public
Innovation: 8 product lines
Funding: Raised $112M across 2 rounds · 2 rounds over 18 yrs (0.1/yr) · Last round Post IPO (Nov 2019)
Audience (LinkedIn): 18k LinkedIn followers
Activity (LinkedIn): 1 awards announced in 12 mo
Funding rounds
- Nov 2019Post IPO—
- Oct 2009Post IPO$42.6M
- Feb 2008Post IPO$69.4M
Founders & team
Investors
Citi, India Equity Partners, Reliance Mutual Fund, JF Capital, India Infoline, United Bank of India
Tech stack
BootstrapContact Form 7ElementorGoogle AnalyticsGoogle Font ApiGoogle Tag Manager
#3
Late Stage · Kolkata, West Bengal · founded 1985 · 1072 employees$46.3Mraised▾
Late Stage · Kolkata, West Bengal · founded 1985 · 1072 employees
Manufacturer of polyethylene products. It also produces motor spirit, LPG, motor spirit, benzene, butadiene, cyclopentane, and fuel oil. It provides products with a focus on safety and environmental considerations. It also has initiatives in technological innovation, safety, and environmental sustainability and recently obtained certifications like ISO.
Fliar Intelligence Index™ 57how this company ranks against its industry peers
Fin. health
top 14%Market
top 29%Moat
top 36%Talent
top 38%Growth
top 42%Funding
top 43%Fin. health: Revenue ~$1.7B (FY2015) · Net margin 12.9% · Revenue +182938% YoY
Market: 1,072 employees (top 21% of Chemicals and Materials) · Revenue ~$1.7B · ~36% of tracked Petrochemicals revenue (71 cos, FY2025)
Moat: Top 1% by revenue among 71 tracked Petrochemicals companies · Editorial + unicorn rating 1/10 · IP moat: 5 patents
Audience (LinkedIn): 79k LinkedIn followers — 7.6% of this cohort's audience
Activity (LinkedIn): 1 expansions announced in 12 mo
Funding rounds
- 2015PE—
- Conventional Debt$46.3M
Founders & team
Investors
The Chatterjee Group, MCPI, Inventagematerials
Tech stack
BootstrapCdnjsCloudflareCloudflare Browser InsightsFont AwesomeGoogle Font Api
#4
Public · Kolkata, West Bengal · founded 1987 · 762 employees$24Mraised▾
Public · Kolkata, West Bengal · founded 1987 · 762 employees
Himadri Chemicals and Industries manufactures coal tar pitch, chemical oils, carbon black, naphthalene, advanced carbon material, corrosion protection, naphthalene sulphonate and power - that represent critical inputs in downstream industries like aluminium, graphite, construction industry, lithium-ion battery, tyre and rubber applications. Serving the core sectors of economy. It claims that it caters to 65% of the Indian aluminium and the graphite electrode industry’s requirement of coal tar pitch. It is listed on BSE and NSE.
Funding rounds
- Jan 2010Post IPO$54M
- Dec 2004PE$24M
Founders & team
Investors
Citi, Bain Capital Private Equity, Kitara Capital, GNST Capital, Birthstone Capital
Tech stack
BootstrapCodeigniterFancyboxFirebaseGoogle AnalyticsGoogle Font Api
#5
Series B · Kolkata, West Bengal · founded 1953 · 6365 employees$18.8Mraised▾
Series B · Kolkata, West Bengal · founded 1953 · 6365 employees
Manufacturer and supplier of steel products. Products include TMT rebars, billets, sponge iron, structural steel, wire rods, and ferro alloys. Primarily caters to the construction and infrastructure industry.
Fliar Intelligence Index™ 72how this company ranks against its industry peers
Innovation
top 20%Moat
top 20%Customers
top 21%Market
top 28%Product
top 36%Tech
top 39%Innovation: 7 product lines
Moat: Top 4% by revenue among 372 tracked Metals and Alloys companies · Editorial + unicorn rating 4/10
Customers: App rating 4.2★ (296 reviews) · Marquee-customer mentions: top 17% of tracked companies
Audience (LinkedIn): 177k LinkedIn followers — 17.2% of this cohort's audience
Founders & team
Investors
Vanlila Consultants, Yashashvi Securities, Sgi Ispat, Purushottam Bina Foundation Trust, Suket Beriwal Foundation Trust, Brijesh Anju Foundation Trust
Tech stack
Animate.CssAosApache Http ServerBabelBootstrapBootstrap Icons
#6
Late Stage · Kolkata, West Bengal · founded 1985 · 2 employees$1.7Mraised▾
Late Stage · Kolkata, West Bengal · founded 1985 · 2 employees
Provider of trading information, news and reviews. It provides news under various categories including trades, stocks, investment, finance, and others. It monetizes through display advertisements.
Funding rounds
- Mar 2009PE$1.7M
Founders & team
Investors
FMO, BanyanTree Finance
Tech stack
Nginx
#7
Deadpooled · Kolkata, West Bengal · founded 2001 · 505 employees—raised▾
Deadpooled · Kolkata, West Bengal · founded 2001 · 505 employees
Adhunik Metalliks Ltd. is a listed company that manufactures steel products including bearing steel, auto steel, spring steel, carbon and cold heads, cutting steel and stainless steel. Apart, the company also has manufacturing facility for TMT bars (0.15MT per annum), sponge iron (0.51MT per annum), pig iron (0.23MT per annum) and other ferro alloys, with locations in Orissa and Jharkhand. It also has captive coal based thermal power plants with a combined capacity of 540 MW.
Investors
IDFC
Funding & investor landscape
$369.5Mtotal disclosed funding
6companies funded
7disclosed rounds
0rounds last 90 days
Most active investors
Brijesh Anju Foundation Trust1 rounds
Notable founders
Brij Agarwal
Managing Director & Chairman · Shyam Metalics
Vedang Jajodia
Owner · Jai Balaji Group
Aditya Jajodia
Chairman & Managing Director · Jai Balaji Group
Purnendu Chatterjee
Founder · Haldia Petrochemicals
Navanit Narayan
Whole Time Director & CEO · Haldia Petrochemicals
Vijay Kumar Choudhary
Co-Founder · Himadri Chemicals and Industries
Shyam Sundar Choudhary
Co-Founder · Himadri Chemicals and Industries
Suket Beriwal
Owner · Shyam Steel
Sushil Verma
CEO · Kalpena Industries
Narender Surana
Chairman & Managing Director · Kalpena Industries
Prism market signals · India · country-scoped Prism corpus, 231,571 docs
Market landscape — 10 sub-themes by coverage
Share of Chemicals and Materials coverage by sub-theme.
Regulatory-risk over time rising
Funding & growth over time
funding rising · growth rising
RESEARCH SIGNALS · India
How research on Advanced Materials is moving in India
A read on the academic research around Advanced Materials — which themes are gaining ground, the institutions and researchers driving them, and how the tone is shifting. Based on 601 India-affiliated papers.
research sentiment over time
200820182026
enthusiastic · positive · guarded tone
Tone is overwhelmingly optimistic and intensifying — the enthusiastic (strongly-positive) share moved 27% → 83% across 2008–2026.
top research entities
- Ministry of Education37
- Indian Institute of Science Bangalore26
- Indian Institute of Technology Kharagpur22
- Academy of Scientific and Innovative Research21
- Indian Institute of Technology Delhi21
leading researchers
K. V. Gangadharan · Sanjib Banerjee · Bishakh Bhattacharya · Sayan Basak · A. Arockiarajan · P. Sam Paul · Balasubramanian Kandasubramanian · Ayyappanpillai Ajayaghosh
▲
Breakthroughs130 · 22%
▲ 14%→25% share
▲1.8× share momentum1 median citations74% since 2021mostly methods-led
Smart material breakthroughs are surging — Indian research tripled from 9 to 28 papers, with Polymer and Soft robotics newly emerging.
rising sub-themes (early→recent)
- Smart material9→28
- Elastomer1→10
- Nanotechnology4→12
- Composite material2→9
- Composite number2→7
Newly emergingPolymer 0→13 · Smart polymer 0→7 · Soft robotics 0→6
Landmark Cutting edge development on graphene derivatives modified by liquid crystal and CdS/TiO2hybrid matrix: optoel · 182 cites
◆
Advancements267 · 44%
▼ 55%→41% share
▼0.7× share momentum2 median citations59% since 2021mostly reviews
Nanocomposite advancement research intensified sharply — papers rose from 2 to 15, alongside newly emerging Self-healing hydrogels and Biocompatible materials.
rising sub-themes (early→recent)
- Smart material35→64
- Nanotechnology8→25
- Nanocomposite2→15
- Graphene2→11
- Polymer5→13
Newly emergingNanomaterials 0→12 · Self-healing hydrogels 0→10 · Biocompatible material 0→9
Landmark Smart polymers for the controlled delivery of drugs – a concise overview · 577 cites
▼
Concerns53 · 9%
▲ 5%→10% share
▲2.0× share momentum2 median citations75% since 2021mostly reviews
Smart material concerns are quadrupling — rising from 5 to 22 papers, with 3D printing and Self-healing hydrogels flagged as newly emerging risks.
rising sub-themes (early→recent)
- Smart material5→22
- Nanotechnology1→11
Newly emerging3D printing 0→5 · Self-healing hydrogels 0→5
Landmark 4D printing: Fundamentals, materials, applications and challenges · 319 cites
RESEARCH HOTSPOTS · India
Where advanced materials is researched across India
Location clusters by institution affiliation — each city's volume, stance tone, and a quick read on its hot topic, what's advancing, the opening opportunity, and the main concern.
Delhi-NCR48 · +0.45
Bengaluru37 · +0.48
Chennai32 · +0.46
Mumbai29 · +0.58
Kharagpur22 · +0.44
Kolkata17 · +0.38
Kanpur12 · +0.48
Guwahati12 · +0.38
Varanasi10 · +0.63
Roorkee9 · +0.53
PATENT SIGNAL · India
Who's filing advanced materials patents in India
India advanced materials patent filing is cooling — 1,335 filings from 2,316 assignees (2016–2025), led by CSIR, TATA Steel, Tata Consultancy Services; annual filings 131→109.
1,335 filings2,316 assigneespeak 194/yr2016–2025
filing momentum (YoY 2016–2025)
top patent filers
- CSIR476
- TATA Steel117
- Tata Consultancy Services60
- Halliburton Energy SERV59
- Indian INST Scient57
- Indian OIL55
- TATA Chemicals45
- General Electric42
Common questions
How many Chemicals and Materials companies are there in Kolkata, India?
Radar tracks 145 indexable Chemicals and Materials companies headquartered in Kolkata, India, India, that meet our profile-completeness bar.
What is the total funding raised by Chemicals and Materials companies in Kolkata, India?
The Chemicals and Materials companies in Kolkata, India on this list have raised a combined $369.5M in disclosed equity funding across 6 funded companies.
Which is the highest-funded Chemicals and Materials company in Kolkata, India?
Shyam Metalics is the highest-funded Chemicals and Materials company in Kolkata, India, with $166.7M in disclosed equity funding.
How many Chemicals and Materials companies in Kolkata, India are funded?
6 of the 145 Chemicals and Materials companies in Kolkata, India on this list have disclosed at least one equity funding round.
How many Chemicals and Materials unicorns are there in Kolkata, India?
None of the Chemicals and Materials companies in Kolkata, India on this list currently has a disclosed valuation of $1B or more.
Who are the top investors in Kolkata, India Chemicals and Materials companies?
The most active investors in Kolkata, India Chemicals and Materials companies on this list include Citi, IBAC, Analah Ventures, Bain Capital Private Equity, BanyanTree Finance.
Riya SenguptaFinancials
Riya reads income statements for fun. She covers the real money in a sector — revenue, growth, who actually earns — and never met a vague claim she didn't want a number for.