Blastec (India) Private Limited

Bulk explosives supplier and distributor since 2000 in Nagpur, Maharashtra.

2000 | Nagpur, Maharashtra (India) | Merged
Last Updated:

Blastec (India) Profile

Key Indicators

  • Authorised Capital ₹ 10.00 Cr
  • Paid Up Capital ₹ 9.90 Cr
  • Company Age 25 Year, 25 Days
  • Last Filing with ROC 31 Mar 2021
  • Satisfied Charges ₹ 21.45 Cr
  • Revenue Growth -61.31%
  • Profit Growth 27.51%
  • Ebitda 42.46%
  • Net Worth -201.03%
  • Total Assets -12.07%

About Blastec (India)

Blastec (India) Private Limited (BIPL) is Amalgamated company established on 18 Apr 2000 with its office registered at Nagpur, Maharashtra, India and has been running since 25 Year, 25 Days with a paid up capital of 9.90 Cr. According to MCA records, 3 Directors and 1 Signatories are linked to this company as of 18 Jan 2025.

Company Details

  • Location

    Nagpur, Maharashtra, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

  • Social Media

  • Apps

Corporate Identity Details

  • CIN/LLPIN

    U74999MH2000PTC274886

  • Company No.

    274886

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    18 Apr 2000

  • Date of AGM

    23 Aug 2021

  • Date of Balance Sheet

    31 Mar 2021

  • Listing Status

    Unlisted

  • ROC Code

    Roc Mumbai

Industry

Aerospace, Maritime and Defense
Company report

Blastec (India) Private Limited

Explore comprehensive data for Blastec (India) Private Limited, including financials, compliance details, shareholding patterns, and litigation history.

Who are the key members and board of directors at Blastec (India)?

Executive Team (1)

NameDesignationAppointment DateStatus
Amit Ahuja Company Secretary18-May-2020Current

Board Members (3)

NameDesignationAppointment DateStatus
Shyamsundar Mishra Country flag representing In Director 08-Jul-2019Current
Someshwar Mundhada Country flag representing In Director 11-Mar-2015Current
Purushottam Deotare Country flag representing In Director 26-Sep-2018Current

Financial Performance of Blastec (India).

Blastec (India) Private Limited, for the financial year ended 2021, experienced significant reduction in revenue, with a 61.31% decrease. The company also saw a substantial improvement in profitability, with a 27.51% increase in profit. The company's net worth observed a substantial decline by a decrease of 201.03%.

Blastec (India) revenue growth over time
Blastec (India) profit and loss trends over time
  • Key Matrics
  • Balance Sheet
  • Profit and Loss
  • Cash Flow
  • Ratios
Metrics
(FY 2023)YOY Growth
(FY 2022)(FY 2021)(FY 2020)(FY 2019)
Total Revenue
-61.31%
Revenue from Operations
-61.39%
Total Assets
-12.07%
Profit or Loss
27.51%
Net Worth
-201.03%
EBITDA
42.46%

What is the Ownership and Shareholding Structure of Blastec (India)?

In 2021, Blastec (India) had a promoter holding of 100.00%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹0

Satisfied Charges

₹21.45 Cr

Charges Breakdown by Lending Institutions

  • Bank Of India : 12.50 Cr
  • Icici Bank Limited : 4.00 Cr
  • Srei Infrastructure Finance Limited : 2.65 Cr
  • State Bank Of India : 2.30 Cr

Latest Charge Details

DateLenderAmountStatus
14 Sep 2007Bank Of India₹12.50 CrSatisfied
31 May 2007Srei Infrastructure Finance Limited₹1.50 CrSatisfied
30 Mar 2007Srei Infrastructure Finance Limited₹1.15 CrSatisfied
13 Oct 2004Icici Bank Limited₹4.00 CrSatisfied
20 Jan 2001State Bank Of India₹1.05 CrSatisfied

How Many Employees Work at Blastec (India)?

Blastec (India) has a workforce of 10 employees as of Apr 10, 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.

Employee growth trends for Blastec (India) Private Limited

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Blastec (India), 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 Blastec (India)'s trajectory.

Rating

Graph displaying rating trends over time

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

Alert Indicator

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.

Latest Updates, News, and FAQs on Blastec (India)

Recent activity within the organization

  • Annual General Meeting

    Blastec (India) Private Limited last Annual general meeting of members was held on 23 Aug 2021 as per latest MCA records.

  • Balance Sheet

    Blastec (India) Private Limited has filed its annual Financial statements for the year ended 31 Mar 2021 with Roc Mumbai.

  • Director Appointment

    Amit Vijay Ahuja was appointed as a Company Secretary was appointed as a Company Secretary on 18 May 2020 & has been associated with this company since 4 years 11 months .

  • Director Appointment

    Shyamsundar Mishra was appointed as a Director was appointed as a Director on 08 Jul 2019 & has been associated with this company since 5 years 10 months .

  • Director Appointment

    Purushottam Pundlikrao Deotare was appointed as a Director was appointed as a Director on 26 Sep 2018 & has been associated with this company since 6 years 7 months .

  • Charges

    A charge registered on 14 Sep 2007 via Charge ID 10067706 with Bank Of India was fully satisfied on 09 Sep 2015.

Recent News, Updates & Announcement

Frequently asked questions

  • What is the Incorporation or founding date of Blastec (India) Private Limited?

    Blastec (India) Private Limited was incorporated on 18 Apr 2000.

  • What is authorized share capital and paid-up capital of Blastec (India) Private Limited?

    The authorized share capital of Blastec (India) Private Limited is ₹ 10.00 Cr and paid-up capital is ₹ 9.90 Cr.

  • Who are the current board members & directors of Blastec (India) Private Limited?

    Currently 4 directors are associated with Blastec (India) Private Limited.

    • Someshwar Lonkaran Mundhada
    • Purushottam Pundlikrao Deotare
    • Shyamsundar Mishra
    • Amit Vijay Ahuja
  • What is the registered address of Blastec (India) Private Limited?

    As per Ministry of Corporate Affairs (Mca), the registered address of Blastec (India) Private Limited is 11 Zade Layout, Bharat Nagar India, Nagpur, Maharashtra, 440033.

  • What is the corporate identification number (CIN) and company number of Blastec (India) Private Limited?

    The corporate identification number (CIN) of Blastec (India) Private Limited is U74999MH2000PTC274886 and the company number is 274886 as per Ministry of Corporate Affairs (MCA).

  • What is the official website of Blastec (India) Private Limited?

    The Official website of Blastec (India) Private Limited is https://www.solargroup.com

  • What has been the recent revenue trend for Blastec (India) Private Limited?

    According to the financial reports for the fiscal year 2021, the revenue trend for Blastec (India) Private Limited has fallen by -61.31%.

  • How many employees does Blastec (India) Private Limited currently have?

    As Per 2021 financial reports, 10 employees are currently employed by Blastec (India) Private Limited.

  • What change has been observed in the net worth of Blastec (India) Private Limited, and by what percentage?

    The financial reports for the fiscal year 2021 indicates that The net worth of Blastec (India) Private Limited has experienced an downturn of -201.03%.

  • When was the last Balance Sheet of Blastec (India) Private Limited filed with the ROC?

    The most recent Balance Sheet for Blastec (India) Private Limited was filed with the ROC on 31 Mar 2021.

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