About SBL Energy
SBL Energy is a Chemicals & Materials company based in Nagpur (India) founded in 2002. Industrial and mining explosives, detonators, and accessories are manufactured. SBL Energy has raised $51.22 million across 4 funding rounds from investors including Special Blasts, India SME Investments and Synergy Capital. The company has 114 employees. SBL Energy was last valued at $149.67 million in February 2024. Its chief executive, as recorded, is Alok Choudhari. Its Indian entity Sbl Energy Limited reported revenue of ₹714 Cr. Its focus areas include Chemicals and Materials, Diversified Chemicals and Chemical Explosives.
Company details
SBL Energy was founded in 2002 in Nagpur, India, and operates in the explosives manufacturing sector. A variety of products, including slurry, emulsion, and bulk emulsion explosives, detonating fuses, ordinary, electric, and non-electric detonators, as well as cast boosters, are produced. Technical services and consultations are provided to public sector units, government organizations, and mining contractors across the region.
- Headquarters Nagpur, India
- Employees 114
- Stage Minicorn
- SectorsChemicals & Materials
- Email••••••••
- Phone•••• ••••
- Website sblenergy.com
- Social LinkedIn X Facebook
- Legal Name Sbl Energy Limited
- Date of Incorporation 08 Feb, 2002
- Jurisdiction Raipur, Chhattisgarh, India
- Annual Revenue₹714 Cr
FY 2025 · +97% YoY
- Net Profit₹65.66 Cr
FY 2025 · 6% margin
- EBITDA₹117 Cr
FY 2025 · 11% margin
- Total Equity Funding$51.22M (USD)
in 4 rounds
- Latest Funding Round$10.07M (USD), Series B
Sep 2025
- InvestorsSpecial Blasts
& 15 more
- Employee Count114
Associated legal entities of SBL Energy
SBL Energy operates through Sbl Energy Limited (active). Its filings, financials, charges and directors are on the company page.
| Legal entity | Status | Incorporated | Registered in | Revenue (FY 2025) | Employees | Directors | Company page |
|---|---|---|---|---|---|---|---|
| Sbl Energy Limited CIN U24292CT2002PLC015581 | Active | 08 Feb 2002 | Raipur, Chhattisgarh | ₹714 Cr | 114 | 13 | View details |
Funding Insights of SBL Energy
SBL Energy has successfully raised a total of $51.22M across 4 strategic funding rounds. The most recent funding activity was a Series B round of $10.07 million completed in September 2025. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.
- Total Funding $51.22M
- Total Rounds 4
- Last Round Series B — $10.07M
- First Round $668,700
(Mar 2014)
- Investors Count 16
All 4 funding rounds of SBL Energy with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Sep 2025 | $10.07M | Series B | – | – | – |
| Feb 2024 | $39.21M | Series B | $149.67M | Synergy, India SME Investments | – |
| Dec 2017 | $1.28M | Series A | $3.26M | Sanjay Choudhari | |
| Mar 2014 | $668,700 | Seed | $••••• | Neweraltd |
| Date | Valuation | Stage |
|---|---|---|
| Feb 2024 | $149.67M | •••••••• |
| Dec 2017 | $3.26M | •••••••• |
| Mar 2014 | $••••• | •••••••• |
Full valuation and stage history of SBL Energy
Every valuation point, the growth-stage changes (minicorn, soonicorn, unicorn) and the dates behind them require an active premium plan.
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Last known valuation $149.67M (Feb 2024). 16 investors in total: 12 institutional and 4 angel.
Investors in SBL Energy
SBL Energy has secured backing from 16 investors, including institutional, venture fund, and angel investors. Prominent investors backing the company include Special Blasts, India SME Investments and Synergy Capital.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
Private equity fund focused on multiple sectors | 2019 | indiasmeinvestments.com | Mumbai, India | |
Multiple sectors are invested in by this private equity firm. | Cuttack, India | |||
Private equity firm focused on multiple sectors | Kolkata, India | |||
Private equity investments are directed toward multiple sectors. | Kolkata, India | |||
Multiple sectors are invested in by this private equity firm. | Kolkata, India | |||
Private equity firm focused on multiple sectors | Kolkata, India | |||
Multiple sectors are invested in by the private equity firm. | Kolkata, India | |||
Investments are made by Sukhdhan Tieup in multiple sectors. | Kolkata, India | |||
Infrastructure investments and corporate advisory services are managed. | synergycapital.co.uk | Dubai, United Arab Emirates | ||
Industrial explosives and accessories are manufactured for industrial applications. | 1988 | specialblasts.com | Raipur, India |
Investor details for SBL Energy
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Board of directors of Sbl Energy Limited (SBL Energy)
Sbl Energy Limited is the primary company behind SBL Energy. The board of Sbl Energy Limited currently have 10 directors; the longest-serving is Ravi Kamra, appointed in 2014. 27 earlier directors have ceased.
| Director | Designation | Appointed | Tenure | Entity |
|---|---|---|---|---|
| Ravi Kamra DIN 00745058 | Director | 13 May 2014 | 12 yrs 5 mo | Sbl Energy Limited |
| Rakesh Tiwari DIN 08840104 | Director | 08 Apr 2021 | 5 yrs 7 mo | Sbl Energy Limited |
| Alok Choudhari DIN 00007810 | Director | 11 Oct 2021 | 5 yrs 1 mo | Sbl Energy Limited |
| Sanjay Choudhari DIN 02009648 | Managing Director | 24 Feb 2024 | 2 yrs 8 mo | Sbl Energy Limited |
| Alok Awadhiya DIN 01475869 | Director | 24 May 2024 | 2 yrs 5 mo | Sbl Energy Limited |
| Manoj Kumar Prasad DIN 08489359 | Director | 24 May 2024 | 2 yrs 5 mo | Sbl Energy Limited |
| Satyawati Parashar DIN 00761009 | Director | 12 Mar 2025 | 1 yr 8 mo | Sbl Energy Limited |
| Sharwan Kumar DIN 11451410 | Director appointed in casual vacancy | 30 Dec 2025 | 10 mo | Sbl Energy Limited |
| Gaurav Soni DIN 11252209 | Additional Director | 11 May 2026 | 6 mo | Sbl Energy Limited |
| Chaman Singh Chahal DIN 11676600 | Additional Director | 11 May 2026 | 6 mo | Sbl Energy Limited |
People of SBL Energy
2 people are tracked at SBL Energy (2 in leadership); the tracked headcount is 114.
| Name | Role | Group |
|---|---|---|
Sanjay Choudhary | Owner | Leadership |
| CEO | Leadership |
Complete people profiles for SBL Energy
Full employee and board profiles, team structure, tenure and professional contact details require an active premium plan.
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Verified entity values are shown only after access is granted.
Financials of SBL Energy
Figures of Sbl Energy Limited, the primary company behind SBL Energy, for FY 2025. Revenue was ₹714 Cr (+97% year on year). Net profit was ₹65.66 Cr (6% margin). EBITDA was ₹117 Cr (11% margin).
- ₹714 CrRevenue · FY 2025 · +97% YoY
- ₹65.66 CrNet profit · 6% margin
- ₹117 CrEBITDA · 11% margin
- ₹10.37 CrPaid-up capital
- 114Employees (provident fund records)
Balance sheet, profit and loss, cash flow and ratios of Sbl Energy Limited are on its company page.
Detailed financial statements for SBL Energy
Statement rows, ratios, five-year trends and downloadable financials of the group companies require an active premium plan.
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Timeline of SBL Energy
4 dated milestones of SBL Energy across 23 years, from founding to its latest funding, stage changes and deals.
- Founded SBL Energy is founded.
- Funding First funding round of $669K.
- Milestone Reaches Minicorn status.
- Funding Latest funding round, Series B, of $10.1M.
Web traffic of SBL Energy
The website of SBL Energy (sblenergy.com) receives about 2K visits a month.
- Monthly visits2K
▲ 17.1% vs previous month
Top companies in Core & Diversified Chemicals
3 companies that operate in the same segment as SBL Energy (Core & Diversified Chemicals) in India, ranked by their profile score on The Company Check.
| Company | Description | Founded | Location | Total funding | Revenue | Employees |
|---|---|---|---|---|---|---|
Manufacturer of fertilizers, industrial chemicals, crop nutrition products, and real estate | 1979 | Pune, Maharashtra, India | USD 1.21 B | 1,020 | ||
Specialty chemicals are manufactured through integrated R&D and production processes. | 2023 | Bengaluru, Karnataka, India | USD 72.97 M | USD 23.86 M | ||
Manufactures coal tar and basic industrial chemicals. | 1987 | Kolkata, West Bengal, India | USD 24 M | USD 515.01 M | 1,161 |
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Related news about Sbl Energy
Complete news archive for SBL Energy
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Frequently Asked Questions about SBL Energy
SBL Energy was founded in 2002 and raised its 1st funding round 12 years after it was founded.
SBL Energy is headquartered in Nagpur, India. It is registered at Nagpur, Maharashtra, India.
Alok Choudhari is the CEO of SBL Energy, as recorded in our data.
SBL Energy is a funded company, having raised a total of $51.22M across 4 funding rounds to date. The company's 1st funding round was a Seed of $668.7K, raised on Mar 2014.
SBL Energy has 114 employees.
The primary company behind SBL Energy, Sbl Energy Limited, reported revenue of ₹714 Cr for FY 2025, up 97% year on year.
SBL Energy was founded in 2002 in Nagpur, India, and operates in the explosives manufacturing sector. A variety of products, including slurry, emulsion, and bulk emulsion explosives, detonating fuses, ordinary, electric, and non-electric detonators, as well as cast boosters, are produced. Technical services and consultations are provided to public sector units, government organizations, and mining contractors across the region.
SBL Energy has 16 investors. Key investors include Special Blasts, India SME Investments, Synergy Capital, Mukul Mahavir Agrawal, and Mahanadi Metals And Chemicals.
The valuation of SBL Energy is $149.67M as of Feb 2024.
SBL Energy operates through Sbl Energy Limited.
The legal entities of SBL Energy currently have 12 directors, including Alok Choudhari, Rakesh Tiwari, Ravi Kamra and others.