Blast Abrasive Profile
Key Indicators
- Authorised Capital ₹ 1.50 M
- Paid Up Capital ₹ 1.50 M
- Company Age 22 Year, 2 Months
- Last Filing with ROC 31 Mar 2024
- Open Charges ₹ 4.11 Cr
- Satisfied Charges ₹ 1.11 Cr
- Revenue Growth 26.55%
- Profit Growth 250.00%
- Ebitda 102.85%
- Net Worth 363.61%
- Total Assets 23.09%
About Blast Abrasive
Blast Abrasive Private Limited (BAPL) is a leading Private Limited Indian Non-Government Company incorporated in India on 26 November 2002 and has a history of 22 years and two months. Its registered office is in Ganjam, Odisha, India.
The Company is engaged in the Metals And Minerals Industry.
The Company's status is Active, and it has filed its Annual Returns and Financial Statements up until 31 March 2024. It's a company limited by shares with an authorized capital of Rs 1.50 M and a paid-up capital of Rs 1.50 M.
The company currently has active open charges totaling ₹4.11 Cr. The company has closed loans amounting to ₹1.11 Cr, as per Ministry of Corporate Affairs (MCA) records.
Giji Sebastian and Franco Lonappan serve as directors at the Company.
Company Details
- Location
Ganjam, Odisha, India
- Telephone
+91-XXXXXXXXXX
- Email Address
- Website
-
- Social Media -
Corporate Identity Details
- CIN/LLPIN
U27205OR2002PTC006983
- Company No.
006983
- Company Classification
Private Limited Indian Non-Government Company
- Incorporation Date
26 Nov 2002
- Date of AGM
30 Sep 2024
- Date of Balance Sheet
31 Mar 2024
- Listing Status
Unlisted
- ROC Code
Roc Cuttack
Industry
Who are the key members and board of directors at Blast Abrasive?
Board Members (2)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Giji Sebastian  | Director | 01-Oct-2005 | Current |
| Franco Lonappan | Director | 26-Nov-2002 | Current |
Financial Performance of Blast Abrasive.
Blast Abrasive Private Limited, for the financial year ended 2022, experienced significant growth in revenue, with a 26.55% increase. The company also saw a substantial improvement in profitability, with a 250% increase in profit. The company's net worth Soared by an impressive increase of 363.61%.
- Key Matrics
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What is the Ownership and Shareholding Structure of Blast Abrasive?
In 2022, Blast Abrasive had a promoter holding of 100.00%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.
Related Corporates (Common Directorship)
Corrosion Ind Expo LlpFranco Lonappan is a mutual person
- Fce Training And Consulting Llp
Franco Lonappan is a mutual person
- Fortens Solutions Llp
Franco Lonappan is a mutual person
Charges (Loans)
₹41.07 M
₹11.07 M
Charges Breakdown by Lending Institutions
- Hdfc Bank Limited : 4.11 Cr
Latest Charge Details
| Date | Lender | Amount | Status |
|---|---|---|---|
| 18 Nov 2022 | Hdfc Bank Limited | ₹4.11 Cr | Open |
| 31 Dec 2010 | Hdfc Bank Limited | ₹2.31 M | Satisfied |
| 23 Nov 2007 | State Bank Of India | ₹6.50 M | Satisfied |
| 25 Oct 2007 | Icici Bank Limited | ₹1.35 M | Satisfied |
| 25 Jul 2007 | Icici Bank Limited | ₹0.90 M | Satisfied |
How Many Employees Work at Blast Abrasive?
Blast Abrasive has a workforce of 44 employees as of Apr 04, 2024. Unlock access to detailed historical data on individuals associated with the company, including employment records, contributions to the Employees' Provident Fund Organization (EPFO), and other related insights.
Deals i
Gain comprehensive insights into the Deals and Valuation data of Blast Abrasive, offering detailed information on various transactions, including security allotment data. Explore the intricate details of financial agreements, mergers, acquisitions, divestitures, and strategic partnerships that have shaped Blast Abrasive's trajectory.
Rating
Access the credit rating data, providing valuable insights into the company's creditworthiness and financial stability. Explore assessments from leading credit rating agencies, evaluating factors such as debt obligations, liquidity, profitability, and overall financial health.
Alerts
Stay informed about regulatory alerts and litigation involving and associated companies. Receive timely updates on legal proceedings, regulatory changes, and compliance issues that may impact the company's operations, reputation, and financial performance. Monitor litigation involving subsidiaries, joint ventures, and other affiliated entities to assess potential risks and liabilities.
