About Primacy Industries
Primacy Industries is an Industrial Goods & Manufacturing company based in Mangaluru (India) founded in 2005. Scented candles, air, personal care, and hygiene products are contract-manufactured. Primacy Industries has raised $41.05 million across 1 funding round from investors including India Resurgence Fund. The company has 601 employees. Its Indian entity Primacy Industries Private Limited reported revenue of ₹531 Cr. Primacy Industries offers products and services including Contract Manufacturing, US Private Label, and Non-US Private Label. Its focus areas include Retail, Contract Manufacturers, FMCG and Cosmetics. Its competitors include Ador Multiproducts, Influx Healthtech and Stella Indusstries.
Company details
Primacy Industries was founded in 2005 and is based in Mangaluru, India. Contract manufacturing is conducted in the consumer goods sector, focusing on scented candles, air and personal care items, and hygiene products. Advanced filling and packing operations are handled for formats such as aerosols, liquids, creams, and lotions, supporting various production needs.
- Headquarters Mangaluru, India
- Employees 601
- SectorsIndustrial Goods & Manufacturing
- Email••••••••
- Phone•••• ••••
- Website primacyind.com
- Social LinkedIn X Facebook Instagram
- Legal Name Primacy Industries Private Limited
- Date of Incorporation 03 Sep, 2004
- Jurisdiction Manipal, Karnataka, India
- Annual Revenue₹531 Cr
FY 2025 · +10% YoY
- Net Loss-₹10.22 Cr
FY 2025 · -1% margin
- EBITDA₹40.71 Cr
FY 2025 · 6% margin
- Total Equity Funding$41.05M (USD)
in 1 rounds
- Latest Funding Round$41.05M (USD), Series C
Oct 2021
- Investors
- Employee Count601
Associated legal entities of Primacy Industries
Primacy Industries operates through Primacy Industries Private Limited (active). Its filings, financials, charges and directors are on the company page.
| Legal entity | Status | Incorporated | Registered in | Revenue (FY 2025) | Employees | Directors | Company page |
|---|---|---|---|---|---|---|---|
| Primacy Industries Private Limited CIN U24242KA2004PTC034633 | Active | 03 Sep 2004 | Manipal, Karnataka | ₹531 Cr | 601 | 4 | View details |
Products & Services of Primacy Industries
Primacy Industries offers a comprehensive portfolio of products and services, including Contract Manufacturing, US Private Label, and Non-US Private Label.
Offers end-to-end production for personal and air care products.
Provides customized fragrance solutions for American retailers.
Delivers tailored products for international markets outside the US.
Funding Insights of Primacy Industries
Primacy Industries has successfully raised a total of $41.05M through 1 strategic funding round. The most recent funding activity was a Series C round of $41.05 million completed in October 2021. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.
- Total Funding $41.05M
- Total Rounds 1
- Last Round Series C — $41.05M
- First Round $41.05M
(Oct 2021)
- Investors Count 1
All 1 funding rounds of Primacy Industries with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Oct 2021 | $41.05M | Series C | – | – |
1 investors in total: 1 institutional.
Investors in Primacy Industries
Primacy Industries has secured backing from 1 investor, including venture fund investors. Prominent investors backing the company include India Resurgence Fund.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
Distressed and special situations investments across various sectors in India. | 2016 | indiarf.com | Mumbai, India |
Investor details for Primacy Industries
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Board of directors of Primacy Industries Private Limited (Primacy Industries)
Primacy Industries Private Limited is the primary company behind Primacy Industries. The board of Primacy Industries Private Limited currently have 2 directors; the longest-serving is Tonse Gautham Pai, appointed in 2004. 23 earlier directors have ceased.
| Director | Designation | Appointed | Tenure | Entity |
|---|---|---|---|---|
| Tonse Gautham Pai DIN 00120314 | Managing Director | 03 Sep 2004 | 22 yrs 2 mo | Primacy Industries Private Limited |
| Kalsank Umesh Kini DIN 07231231 | Director | 13 Jul 2020 | 6 yrs 4 mo | Primacy Industries Private Limited |
Financials of Primacy Industries
Figures of Primacy Industries Private Limited, the primary company behind Primacy Industries, for FY 2025. Revenue was ₹531 Cr (+10% year on year). Net loss was -₹10.22 Cr (-1% margin). EBITDA was ₹40.71 Cr (6% margin). Revenue has grown at a compounded annual rate of -5% over three years and -10% over five years.
- ₹531 CrRevenue · FY 2025 · +10% YoY
- -₹10.22 CrNet loss · -1% margin
- ₹40.71 CrEBITDA · 6% margin
- ₹53.12 CrPaid-up capital
- 601Employees (provident fund records)
- -5%Revenue CAGR, 3 years
- -10%Revenue CAGR, 5 years
Balance sheet, profit and loss, cash flow and ratios of Primacy Industries Private Limited are on its company page.
Detailed financial statements for Primacy Industries
Statement rows, ratios, five-year trends and downloadable financials of the group companies require an active premium plan.
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Timeline of Primacy Industries
2 dated milestones of Primacy Industries across 16 years, from founding to its latest funding, stage changes and deals.
- Founded Primacy Industries is founded.
- Funding First funding round of $41.1M.
Competitors of Primacy Industries
Primacy Industries has 3 listed competitors in our database. They include Ador Multiproducts, Influx Healthtech and Stella Indusstries.
| Company Name | Domain | Founded | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| adormultiproducts.com | 1948 | Mumbai, India | 4 | Personal care products are manufactured and supplied by Ador Multiproducts. | ||
| influxhealthtech.com | 2003 | Mumbai, India | 160 | Contract based manufacturer of healthcare products | ||
| stella-indusstries.com | 1983 | Gurugram, India | 91 | Produces high-quality personal care products, including aerosols and cosmetics. |
Detailed competitors of Primacy Industries
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Web traffic of Primacy Industries
The website of Primacy Industries (primacyind.com) receives about 5.4K visits a month.
- Monthly visits5.4K
▼ 72.3% vs previous month
Websites whose visitors overlap most with Primacy Industries. Affinity shows how closely the audiences match.
| Website | Domain | Audience affinity | Monthly visits | Global rank | Profile |
|---|---|---|---|---|---|
| facebook.com | 100% | 12.1B | #3 | View details | |
mail.google.com | mail.google.com | 100% | – |
Top companies in Contract & Outsourced Manufacturing
3 companies that operate in the same segment as Primacy Industries (Contract & Outsourced Manufacturing) in India, ranked by their profile score on The Company Check.
| Company | Description | Founded | Location | Total funding | Revenue | Employees |
|---|---|---|---|---|---|---|
Industrial components, mould bases, and storage solutions are manufactured globally. | 1986 | Coimbatore, Tamil Nadu, India | USD 28 M | USD 853.09 M | 43 | |
Single- and three-phase transformers are manufactured in Mumbai. | 1993 | Mumbai, Maharashtra, India | USD 114.37 M | 618 | ||
Apparel and clothing are manufactured and exported on contract. | 1979 | Bengaluru, Karnataka, India | USD 400 M | 40,280 |
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Related news about Primacy Industries
Complete news archive for Primacy Industries
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Frequently Asked Questions about Primacy Industries
Primacy Industries was founded in 2005 and raised its 1st funding round 16 years after it was founded.
Primacy Industries is headquartered in Mangaluru, India. It is registered at Mangaluru, Karnataka, India.
Primacy Industries is a funded company, having raised a total of $41.05M across 1 funding round to date. The company's 1st funding round was a Series C of $41.05M, raised on Oct 2021.
Primacy Industries has 601 employees.
The primary company behind Primacy Industries, Primacy Industries Private Limited, reported revenue of ₹531 Cr for FY 2025, up 10% year on year.
Primacy Industries was founded in 2005 and is based in Mangaluru, India. Contract manufacturing is conducted in the consumer goods sector, focusing on scented candles, air and personal care items, and hygiene products. Advanced filling and packing operations are handled for formats such as aerosols, liquids, creams, and lotions, supporting various production needs.
Primacy Industries's top competitors include Influx Healthtech, Ador Multiproducts and Stella Indusstries.
Primacy Industries offers Contract Manufacturing, US Private Label, and Non-US Private Label.
Primacy Industries has 1 investor. Key investors include India Resurgence Fund.
Primacy Industries operates through Primacy Industries Private Limited.
The legal entities of Primacy Industries currently have 4 directors, including Tonse Gautham Pai, Kalsank Umesh Kini, Praveen Nayak and others.