Commercial Explosives (India) Private Ltd

Manufactures and exports safety fuses and related products globally.

1967 | Nagpur, Maharashtra (India) | Active
Last Updated: December 27, 2024

Commercial Explosives (India) Profile

Key Indicators

  • Authorised Capital ₹ 5.00 M
  • Paid Up Capital ₹ 1.41 M
  • Company Age 57 Year, 5 Months
  • Last Filing with ROC 31 Mar 2023
  • Satisfied Charges ₹ 2.25 Cr
  • Revenue Growth 5.46%
  • Profit Growth 6.22%
  • Ebitda 7.49%
  • Net Worth 7.88%
  • Total Assets 7.69%

About Commercial Explosives (India)

Commercial Explosives (India) Private Ltd (CEIPL) was founded in India on 19 September 1967 and has a glorious history of 57 years and five months. Its registered office is in Nagpur, Maharashtra, India.

The Corporate was formerly known as Sanyal Hassonjee Explosives Limited. 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 M and a paid-up capital of Rs 1.41 M.

The company has closed loans amounting to ₹2.25 Cr, and has no open charges as per Ministry of Corporate Affairs (MCA) records.

Ashok Rathi, Raghav Rathi, Saumitra Rathi, and One other member serve as directors at the Company.

Company Details

  • Location

    Nagpur, Maharashtra, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

    safetyfuse.in

  • Social Media
    -

Corporate Identity Details

  • CIN/LLPIN

    U99999MH1967PTC013831

  • Company No.

    013831

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    19 Sep 1967

  • 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 Commercial Explosives (India) Private Ltd offer?

Commercial Explosives (India) Private Ltd offers a wide range of products and services, including Pliers, Screwdrivers & Hammers, Crimping Tools, Coal, Carbon & Charcoal, Charcoal.

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

Board Members (4)

NameDesignationAppointment DateStatus
Saumitra Rathi Country flag representing In Director 09-Jan-2009Current
Ashok Rathi Country flag representing In Director 09-Nov-1989Current
Raghav Rathi Country flag representing In Director 02-Sep-2013Current
Maneesh Rathi Country flag representing In Director 31-Jan-2009Current

Financial Performance of Commercial Explosives (India).

Commercial Explosives (India) Private Ltd, for the financial year ended 2023, experienced modest growth in revenue, with a 5.46% increase. The company also saw a slight improvement in profitability, with a 6.22% increase in profit. The company's net worth moved up by a moderate rise of 7.88%.

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
5.46%
Revenue from Operations
6.72%
Total Assets
7.69%
Profit or Loss
6.22%
Net Worth
7.88%
EBITDA
7.49%

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

In 2023, Commercial Explosives (India) had a public holding of 2.87%. The company had 1 Associate company. 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

₹22.50 M

Charges Breakdown by Lending Institutions

  • Kotak Mahindra Bank Limited : 1.50 Cr
  • Axis Bank Limited : 0.75 Cr

Latest Charge Details

DateLenderAmountStatus
18 Mar 2015Kotak Mahindra Bank Limited₹1.50 CrSatisfied
26 Mar 2013Axis Bank Limited₹7.50 MSatisfied

How Many Employees Work at Commercial Explosives (India)?

Commercial Explosives (India) has a workforce of 45 employees as of Apr 09, 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 Commercial Explosives (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 Commercial Explosives (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 Commercial Explosives (India)

Recent activity within the organization

  • Annual General Meeting

    Commercial Explosives (India) Private Ltd last Annual general meeting of members was held on 30 Sep 2023 as per latest MCA records.

    30 Sep 2023

  • Balance Sheet

    Commercial Explosives (India) Private Ltd has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Mumbai.

    31 Mar 2023

  • Charges

    A charge registered on 18 Mar 2015 via Charge ID 10557062 with Kotak Mahindra Bank Limited was fully satisfied on 30 Apr 2020.

    30 Apr 2020

  • Charges

    A charge with Kotak Mahindra Bank Limited amounted to Rs. 15.00 M with Charge ID 10557062 was registered on 18 Mar 2015.

    18 Mar 2015

  • Charges

    A charge registered on 26 Mar 2013 via Charge ID 10419542 with Axis Bank Limited was fully satisfied on 10 Mar 2015.

    10 Mar 2015

  • Charges

    A charge with Axis Bank Limited of Rs. 7.50 M registered on 26 Mar 2013 with Charge ID 10419542 was modified on 10 Sep 2013.

    10 Sep 2013

Frequently asked questions

  • Commercial Explosives (India) Private Ltd was incorporated on 19 Sep 1967.

  • The authorized share capital of Commercial Explosives (India) Private Ltd is ₹ 5.00 M and paid-up capital is ₹ 1.41 M.

  • Currently 4 directors are associated with Commercial Explosives (India) Private Ltd.

    • Ashok Vithaldas Rathi
    • Raghav Ashok Rathi
    • Saumitra Ashok Rathi
    • Maneesh Rathi
  • As per Ministry of Corporate Affairs (Mca), the registered address of Commercial Explosives (India) Private Ltd is Village Gondkhairi Taluka Kalmeshwar, Kalmeshwar India, Nagpur, Maharashtra, 440023.

  • The corporate identification number (CIN) of Commercial Explosives (India) Private Ltd is U99999MH1967PTC013831 and the company number is 013831 as per Ministry of Corporate Affairs (MCA).

  • The Official website of Commercial Explosives (India) Private Ltd is https://www.safetyfuse.in

  • According to the financial reports for the fiscal year 2023, the revenue trend for Commercial Explosives (India) Private Ltd has risen by 5.46%.

  • As Per 2023 financial reports, 45 employees are currently employed by Commercial Explosives (India) Private Ltd.

  • The financial reports for the fiscal year 2023 indicates that The net worth of Commercial Explosives (India) Private Ltd has experienced an upsurge of 7.88%.

  • The most recent Balance Sheet for Commercial Explosives (India) Private Ltd was filed with the ROC on 31 Mar 2023.

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