Cdet Explosive Industries Private Limited

This company manufactures detonators and cartridge explosives for mining and infrastructure sectors.

1998 | Nagpur, Maharashtra (India) | Active
Last Updated: October 24, 2024

Cdet Explosive Industries Profile

Key Indicators

  • Authorised Capital ₹ 5.00 Cr
  • Paid Up Capital ₹ 4.27 Cr
  • Company Age 26 Year, 11 Months
  • Last Filing with ROC 31 Mar 2023
  • Open Charges ₹ 91.05 Cr
  • Satisfied Charges ₹ 4.84 Cr
  • Revenue Growth 56.18%
  • Profit Growth 78.11%
  • Ebitda 77.25%
  • Net Worth 39.89%
  • Total Assets 35.93%

About Cdet Explosive Industries

Cdet Explosive Industries Private Limited (CEIPL) is a leading Private Limited Indian Non-Government Company incorporated in India on 13 February 1998 and has a history of 26 years and 11 months. Its registered office is in Nagpur, Maharashtra, India.

The Company is engaged in the Aerospace, Maritime And Defense Industry.

The Company's status is Active, and it has filed its Annual Returns and Financial Statements up until 31 March 2023. It's a company limited by shares with an authorized capital of Rs 5.00 Cr and a paid-up capital of Rs 4.27 Cr.

The company currently has active open charges totaling ₹91.05 Cr. The company has closed loans amounting to ₹4.84 Cr, as per Ministry of Corporate Affairs (MCA) records.

The Key Managerial Personnel (KMP) at Cdet Explosive Industries Private Limited India is Rahul Patwi as COMPANY SECRETARY. Sudhir Rathi, Ashok Rathi, Raghav Rathi, and Five other members serve as directors at the Company.

Company Details

  • Location

    Nagpur, Maharashtra, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address
  • Social Media
    -

Corporate Identity Details

  • CIN/LLPIN

    U29193MH1998PTC113548

  • Company No.

    113548

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    13 Feb 1998

  • Date of AGM

    30 Sep 2023

  • Date of Balance Sheet

    31 Mar 2023

  • Listing Status

    Unlisted

  • ROC Code

    Roc Mumbai

Industry

Aerospace, Maritime and Defense

What products or services does Cdet Explosive Industries Private Limited offer?

Cdet Explosive Industries Private Limited offers a wide range of products and services, including Drilling & Boring Equipment, Mining Equipment Accessories, Electrical Fuse, Safety Fuses, Mining Electric Detonator, Fuse Holders, Fuse Accessories.

Who are the key members and board of directors at Cdet Explosive Industries?

Executive Team (3)

NameDesignationAppointment DateStatus
Rahul Patwi Country flag representing In Company Secretary22-Sep-2018Current
Ashok Rathi Country flag representing In Managing Director13-Feb-1998Current
Raghav Rathi Country flag representing In Managing Director01-Oct-2005Current

Board Members (6)

NameDesignationAppointment DateStatus
Saumitra Rathi Country flag representing In Whole-Time Director 05-Jul-2011Current
Sudhir Rathi Country flag representing In Director 01-Mar-2000Current
Jitendra Mohanty Country flag representing In Director 25-Nov-2020Current
Girish Dixit Country flag representing In Director 11-Aug-2021Current
Venkata Nattam Additional Director 23-Sep-2024Current
Anand Gaitonde Additional Director 23-Sep-2024Current

Financial Performance of Cdet Explosive Industries.

Cdet Explosive Industries Private Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 56.18% increase. The company also saw a substantial improvement in profitability, with a 78.11% increase in profit. The company's net worth Soared by an impressive increase of 39.89%.

Graph illustrating revenue growth over time
Graph showing 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
56.18%
Revenue from Operations
57.36%
Total Assets
35.93%
Profit or Loss
78.11%
Net Worth
39.89%
EBITDA
77.25%

What is the Ownership and Shareholding Structure of Cdet Explosive Industries?

In 2023, Cdet Explosive Industries had a promoter holding of 74.84% and a public holding of 25.17%. The company had 2 Subsidiaries. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹91.05 Cr

Satisfied Charges

₹4.84 Cr

Charges Breakdown by Lending Institutions

  • Axis Bank Limited : 80.98 Cr
  • Others : 6.15 Cr
  • Hdfc Bank Limited : 3.92 Cr

Latest Charge Details

DateLenderAmountStatus
27 Jul 2024Others₹5.75 CrOpen
27 Sep 2021Hdfc Bank Limited₹3.20 MOpen
02 Jan 2021Hdfc Bank Limited₹3.60 CrOpen
04 Nov 2019Others₹4.00 MOpen
29 May 2014Axis Bank Limited₹35.98 CrOpen

How Many Employees Work at Cdet Explosive Industries?

Cdet Explosive Industries has a workforce of 358 employees as of Apr 07, 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.

Graph showing employee growth trends

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Cdet Explosive Industries, 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 Cdet Explosive Industries'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 Cdet Explosive Industries

Recent activity within the organization

  • Director Appointment

    Venkata Krishna Nattam was appointed as a Additional Director was appointed as a Additional Director on 23 Sep 2024 & has been associated with this company since 4 months 9 days .

    23 Sep 2024

  • Director Appointment

    Anand Pundalik Gaitonde was appointed as a Additional Director was appointed as a Additional Director on 23 Sep 2024 & has been associated with this company since 4 months 9 days .

    23 Sep 2024

  • Charges

    A charge with Others amounted to Rs. 5.75 Cr with Charge ID 100963942 was registered on 27 Jul 2024.

    27 Jul 2024

  • Charges

    A charge with Axis Bank Limited of Rs. 45.00 Cr registered on 10 Jul 2013 with Charge ID 10439788 was modified on 25 Apr 2024.

    25 Apr 2024

  • Annual General Meeting

    Cdet Explosive Industries Private Limited last Annual general meeting of members was held on 30 Sep 2023 as per latest MCA records.

    30 Sep 2023

  • Balance Sheet

    Cdet Explosive Industries Private Limited has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Mumbai.

    31 Mar 2023

Frequently asked questions

  • Cdet Explosive Industries Private Limited was incorporated on 13 Feb 1998.

  • The authorized share capital of Cdet Explosive Industries Private Limited is ₹ 5.00 Cr and paid-up capital is ₹ 4.27 Cr.

  • Currently 9 directors are associated with Cdet Explosive Industries Private Limited.

    • Sudhir Vithaldas Rathi
    • Ashok Vithaldas Rathi
    • Raghav Ashok Rathi
    • Saumitra Ashok Rathi
    • Jitendra Kumar Mohanty
    • Girish Dixit
    • Venkata Krishna Nattam
    • Anand Pundalik Gaitonde
    • Rahul Hirachand Patwi
  • As per Ministry of Corporate Affairs (Mca), the registered address of Cdet Explosive Industries Private Limited is 301 3Rd Floor Chaitanyanand Heights 78, Shivaji Nagar India, Nagpur, Maharashtra, 440010.

  • The corporate identification number (CIN) of Cdet Explosive Industries Private Limited is U29193MH1998PTC113548 and the company number is 113548 as per Ministry of Corporate Affairs (MCA).

  • The Official website of Cdet Explosive Industries Private Limited is https://www.cdetexplosives.com

  • According to the financial reports for the fiscal year 2023, the revenue trend for Cdet Explosive Industries Private Limited has risen by 56.18%.

  • As Per 2023 financial reports, 358 employees are currently employed by Cdet Explosive Industries Private Limited.

  • The financial reports for the fiscal year 2023 indicates that The net worth of Cdet Explosive Industries Private Limited has experienced an upsurge of 39.89%.

  • As per the financial statements for fiscal Year 2023, The total open charges for Cdet Explosive Industries Private Limited amount to ₹ 91.05 Cr.

  • The most recent Balance Sheet for Cdet Explosive Industries Private Limited was filed with the ROC on 31 Mar 2023.

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