Special Blasts Limited

Manufacturer of industrial explosives, including slurry, emulsion, and cast booster, serving major clients in India.

1988 | Raipur, Chattisgarh (India) | Active
Last Updated:

Special Blasts Profile

Key Indicators

  • Authorised Capital ₹ 266.00 Cr
  • Paid Up Capital ₹ 13.94 Cr
  • Company Age 36 Year, 6 Months
  • Last Filing with ROC 31 Mar 2024
  • Open Charges ₹ 310.41 Cr
  • Satisfied Charges ₹ 212.87 Cr
  • Revenue Growth 73.71%
  • Profit Growth 128.32%
  • Ebitda 52.79%
  • Net Worth 38.64%
  • Total Assets 21.64%

About Special Blasts

Special Blasts Limited (SBL) is a leading Public Limited Indian Non-Government Company incorporated in India on 25 August 1988 and has a history of 36 years and six months. Its registered office is in Raipur, Chattisgarh, India.

The Corporate was formerly known as Special Blasts P Limited. The Company is engaged in the Chemicals 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 266.00 Cr and a paid-up capital of Rs 13.94 Cr.

The company currently has active open charges totaling ₹310.41 Cr. The company has closed loans amounting to ₹212.87 Cr, as per Ministry of Corporate Affairs (MCA) records.

The Key Managerial Personnel (KMP) at Special Blasts Limited India are Vaibhav Mohdiwale as COMPANY SECRETARY and Mahendra Jain as Cfo. Satyawati Parashar, Ajay Choudhari, Mitin Jain, and Four other members serve as directors at the Company.

Company Details

  • Location

    Raipur, Chattisgarh, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

    specialblasts.com

  • Social Media
    -

Corporate Identity Details

  • CIN/LLPIN

    U24292CT1988PLC004746

  • Company No.

    004746

  • Company Classification

    Public Limited Indian Non-Government Company

  • Incorporation Date

    25 Aug 1988

  • Date of AGM

    31 Dec 2024

  • Date of Balance Sheet

    31 Mar 2024

  • Listing Status

    Unlisted

  • ROC Code

    Roc Chhattisgarh

Industry

Chemicals
Trading

Who are the key members and board of directors at Special Blasts?

Executive Team (3)

NameDesignationAppointment DateStatus
Ajay Choudhari Country flag representing In Managing Director17-Aug-1989Current
Vaibhav Mohdiwale Company Secretary01-Jun-2022Current
Mahendra Jain Country flag representing In CFO01-Jan-2018Current

Board Members (6)

NameDesignationAppointment DateStatus
Satyawati Parashar Country flag representing In Director 29-Mar-2021Current
Mitin Jain Country flag representing In Nominee Director 14-Aug-2024Current
Ajay Dev Country flag representing In Director 28-Oct-2024Current
Atul Gupta Country flag representing In Nominee Director 14-Aug-2024Current
Avdhesh Jain Country flag representing In Director 18-Mar-2013Current
Aman Sinha Country flag representing In Director 14-Aug-2024Current

Financial Performance of Special Blasts.

Special Blasts Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 73.71% increase. The company also saw a substantial improvement in profitability, with a 128.32% increase in profit. The company's net worth Soared by an impressive increase of 38.64%.

Special Blasts revenue growth over time
Special Blasts 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
73.71%
Revenue from Operations
74.20%
Total Assets
21.64%
Profit or Loss
128.32%
Net Worth
38.64%
EBITDA
52.79%

What is the Ownership and Shareholding Structure of Special Blasts?

In 2023, Special Blasts had a promoter holding of 66.12% and a public holding of 33.88%. The company had 1 Subsidiary and 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

₹310.41 Cr

Satisfied Charges

₹212.87 Cr

Charges Breakdown by Lending Institutions

  • State Bank Of India : 250.59 Cr
  • Others : 44.29 Cr
  • Idbi Bank Limited : 12.93 Cr
  • Canara Bank : 1.60 Cr
  • Axis Bank Limited : 1.00 Cr

Latest Charge Details

DateLenderAmountStatus
09 Jan 2025Others₹1.25 CrOpen
30 Oct 2024Others₹7.00 MOpen
30 Oct 2024Others₹7.00 MOpen
30 Apr 2024Others₹2.00 MOpen
24 Apr 2024Others₹3.59 MOpen

How Many Employees Work at Special Blasts?

Special Blasts has a workforce of 73 employees as of Feb 09, 2025. 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 Special Blasts Limited

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Special Blasts, 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 Special Blasts'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 Special Blasts

Recent activity within the organization

  • Charges

    A charge with Others amounted to Rs. 1.25 Cr with Charge ID 101029546 was registered on 09 Jan 2025.

  • Annual General Meeting

    Special Blasts Limited last Annual general meeting of members was held on 31 Dec 2024 as per latest MCA records.

  • Charges

    A charge with Others amounted to Rs. 0.70 Cr with Charge ID 101002267 was registered on 30 Oct 2024.

  • Charges

    A charge with Others amounted to Rs. 0.70 Cr with Charge ID 101002378 was registered on 30 Oct 2024.

  • Director Appointment

    Ajay Kumar Dev was appointed as a Director was appointed as a Director on 28 Oct 2024 & has been associated with this company since 4 months 4 days .

  • Charges

    A charge registered on 18 Jan 2020 via Charge ID 100318264 with Others was fully satisfied on 14 Aug 2024.

Frequently asked questions

  • What is the Incorporation or founding date of Special Blasts Limited?

    Special Blasts Limited was incorporated on 25 Aug 1988.

  • What is authorized share capital and paid-up capital of Special Blasts Limited?

    The authorized share capital of Special Blasts Limited is ₹ 266.00 Cr and paid-up capital is ₹ 13.94 Cr.

  • Who are the current board members & directors of Special Blasts Limited?

    Currently 9 directors are associated with Special Blasts Limited.

    • Satyawati Parashar
    • Ajay Choudhari
    • Mitin Chandanmal Jain
    • Ajay Kumar Dev
    • Atul Gupta
    • Avdhesh Kumar Jain
    • Vaibhav Vivek Mohdiwale
    • Mahendra Kumar Jain
    • Aman Sinha

  • What is the registered address of Special Blasts Limited?

    As per Ministry of Corporate Affairs (Mca), the registered address of Special Blasts Limited is G-5, Wallfort Ozone Fafadih Chowk India, Raipur, Chattisgarh, 492001.

  • What is the corporate identification number (CIN) and company number of Special Blasts Limited?

    The corporate identification number (CIN) of Special Blasts Limited is U24292CT1988PLC004746 and the company number is 004746 as per Ministry of Corporate Affairs (MCA).

  • What is the official website of Special Blasts Limited?

    The Official website of Special Blasts Limited is https://www.specialblasts.com

  • What has been the recent revenue trend for Special Blasts Limited?

    According to the financial reports for the fiscal year 2023, the revenue trend for Special Blasts Limited has risen by 73.71%.

  • How many employees does Special Blasts Limited currently have?

    As Per 2023 financial reports, 73 employees are currently employed by Special Blasts Limited.

  • What change has been observed in the net worth of Special Blasts Limited, and by what percentage?

    The financial reports for the fiscal year 2023 indicates that The net worth of Special Blasts Limited has experienced an upsurge of 38.64%.

  • What are the total open charges for Special Blasts Limited?

    As per the financial statements for fiscal Year 2023, The total open charges for Special Blasts Limited amount to ₹ 310.41 Cr.

  • When was the last Balance Sheet of Special Blasts Limited filed with the ROC?

    The most recent Balance Sheet for Special Blasts Limited was filed with the ROC on 31 Mar 2024.

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