RECL

Dholpur, India Founded: 1979 • Age: 47 yrs Acquired By Solar Group
Diversified operations are conducted across multiple industries in India.
Request Access

About RECL

RECL is a company based in Dholpur (India) founded in 1979 was acquired by Solar Group in April 2023.. The company has 281 employees as of April 07, 2025.

  • Headquarter Dholpur, India
  • Employees 281 as on 07 Apr, 2025
  • Sectors
    Industrial Goods & Manufacturing
  • Email
    ***********
  • Phone
    *********
  • Website
    *********
  • Legal Name Rajasthan Explosives And Chemicals Limited
  • Date of Incorporation 12 Apr, 1979
  • Jurisdiction Nagpur, Maharashtra, India
Operational Areas
Industrial Goods & Manufacturing → Industrial Materials & Resources → →
Key Metrics
  • Annual Revenue
    $14.45 M (USD)
    -4.37
    as on Mar 31, 2022
  • Net Profit
    $-2.1 M (USD)
    -128.52
    as on Mar 31, 2022
  • EBITDA
    $-672.44 K (USD)
    -361.04
    as on Mar 31, 2022
  • Latest Funding Round
  • Investors
    Solar Group
  • Employee Count
    281

    as on Apr 07, 2025

  • Acquired by
    Solar Group

    (Apr 11, 2023)

Upgrade to premium

Unlock complete access to The Company Check

Get unrestricted viewing across everything we track — from companies and brands to investors, funding rounds, acquisitions, financials, and more.

Upgrade to Premium No viewing limits. Your plan controls exports and screening usage.
Included in your Premium account
  • ✓
    Unlimited viewing on all profiles Companies, investors, financials, funding, acquisitions & directors
  • ✓
    Full access to every database India & global coverage, advanced filters and rich profile details
  • ✓
    Always-on access from your team account Single premium plan for everything you see on the portal

Funding Insights of RECL

Date Amount Transaction Name Valuation Lead Investors Investors
Jul, 2021 Amount Post-IPO - Grab Valuation

investors
Emtek
Feb, 2021 Amount Post-IPO - Grab Valuation

investors
Signite Partners
Jan, 2021 Amount Post-IPO - Grab Valuation

investors
Hana Financial Group , GGV Capital
Feb, 2021 Amount Post-IPO - Grab Valuation

investors
Signite Partners

Investors in RECL

RECL has secured backing from 1 investor, including institutional investors. Prominent investors backing the company include Solar Group. This diverse investor base provides strategic capital, industry expertise, and valuable network connections that support the company's growth initiatives, market expansion, and long-term value creation.

All
Institutional
Investor Description Founded Year Domain Location
Solar Group
Defense and industrial explosives are manufactured for various sectors.
Founded Year Domain Location
Investor Description Founded Year Domain Location
Amitabh Bachchan family office
Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
Founded Year Domain Location
Signite Partners
Startup ecosystems are ignited through strategic investments by Signite Partners.
Founded Year Domain Location
Sixteenth Street Capital
Venture capital is directed toward companies in multiple sectors.
Founded Year Domain Location
GGV Capital
Venture capital is invested in cybersecurity, fintech, and AI startups.
Founded Year Domain Location

Investments & Acquisitions by RECL

Investments
Company Name Description Domain Location Founded Year Amount
Bento Cloud
Bionic investment advisor platform
2016
48East
Fine Asian gourmet food is offered by an internet-first restaurant.
2016
GrabKios by Kudo
Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
2014
48East
Fine Asian gourmet food is offered by an internet-first restaurant.
2016

Financial Statements - RECL

Tata Steel revenue growth over time
Tata Steel profit and loss trends over time
Date Amount Transaction Name Valuation Lead Investors Investors
Jul, 2021 Amount Post-IPO - Grab Valuation

investors
Emtek
Feb, 2021 Amount Post-IPO - Grab Valuation

investors
Signite Partners
Jan, 2021 Amount Post-IPO - Grab Valuation

investors
Hana Financial Group , GGV Capital
Feb, 2021 Amount Post-IPO - Grab Valuation

investors
Signite Partners

Recl Comparisons

Employees
+
Add Comparison
Available on Premium

Competitors of RECL

Company Name Domain Founded year HQ Location Description
inDrive
domain founded_year HQ Location
Multiple services are booked via an app-based platform.
Bolt
domain founded_year HQ Location
On-demand services are booked through an app-based platform.
Gojek
domain founded_year HQ Location
App based platform offering on demand delivery and ride-hailing services
Dunzo
domain founded_year HQ Location
Operates an on-demand hyperlocal delivery app for food and groceries.

Latest news on Recl

Frequently Asked Questions about RECL

When was RECL founded?

RECL was founded in 1979.

Where is RECL located?

RECL is headquartered in Dholpur, India. It is registered at Dholpur, Rajasthan, India.

How many employees does RECL have?

As of Apr 07, 2025, the latest employee count at RECL is 281.

What is the annual revenue of RECL?

Annual revenue of RECL is $14.45M as on Mar 31, 2022.

What does RECL do?

RECL was founded in 1979 in Dholpur, India, functioning as a diversified conglomerate. Core activities span various sectors, including industrial and commercial operations. The company is managed by Kuldeep Singh Solanki as director, with oversight provided through established governance structures. Geographic focus remains centered in India, where services and projects are executed across regional markets via reclindia.com.

Who are RECL's investors?

RECL has 1 investor. Key investors include Solar Group.

Explore millions of companies — effortlessly

Access structured, verified intelligence on 7M+ companies across industries, sectors, and global markets. From early-stage startups to large enterprises, discover ownership, leadership, funding, financials, acquisitions, and market signals — all in one powerful platform.

Free account with essential features Instant access to company reports Enterprise solutions available