SBL Energy

Nagpur, India Founded: 2002 • Age: 24 yrs
Industrial and mining explosives, detonators, and accessories are manufactured.
Annual revenue $59.2M Latest available
Total funding $41.2M 3 rounds
Employees 114 Tracked headcount
Investors 16 Known backers
Products - Services tracked
Competitors - Brand Intelligence

About SBL Energy

SBL Energy is a company based in Nagpur (India) founded in 2002. SBL Energy has raised $41.16 million across 3 funding rounds from investors including Special Blasts, India SME Investments and Synergy Capital. The company has 114 employees as of March 26, 2024.

  • Headquarter Nagpur, India
  • Employees 114 as on 26 Mar, 2024
  • Stage Minicorn
  • Sectors
    Chemicals & Materials
  • Email
    Locked
  • Phone
    Locked
  • Website
    Locked
  • Social
    Locked
  • Legal Name Sbl Energy Limited
  • Date of Incorporation 08 Feb, 2002
  • Jurisdiction Raipur, Chattisgarh, India
Operational Areas
Chemicals & Materials → Specialty & Industrial Chemicals Unlock Sub-Sector Unlock Segment
Key Metrics
  • Annual Revenue
    $59.22 M (USD)
    91.4
    as on Mar 31, 2023
  • Net Profit
    $3.75 M (USD)
    25.73
    as on Mar 31, 2023
  • EBITDA
    $6.75 M (USD)
    28.76
    as on Mar 31, 2023
  • Total Equity Funding
    $41.16 M (USD)

    in 3 rounds

  • Latest Funding Round
    $39.21 M (USD), Series B

    Feb 24, 2024

  • Investors
  • Employee Count
    114

    as on Mar 26, 2024

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Funding Insights of SBL Energy

SBL Energy has successfully raised a total of $41.16M across 3 strategic funding rounds. The most recent funding activity was a Series B round of $39.21 million completed in February 2024. 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.

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.

All
Venture Fund
Institutional
Angel
Investor Description Founded Year Domain Location
Private equity fund focused on multiple sectors
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Multiple sectors are invested in by this private equity firm.
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Private equity firm focused on multiple sectors
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Investor details for SBL Energy

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Investments & Acquisitions by SBL Energy

Investments
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Investment portfolio details for SBL Energy

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Financial Statements - SBL Energy

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Detailed financials for SBL Energy

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Sbl Energy Comparisons

SBL Energy Primary company
Description
Industrial and mining explosives, detonators, and accessorie...
Location
Nagpur, India
Founded Year
2002
Annual Revenue
$59.22 M (USD)
Net Profit
$3.75 M (USD)
EBITDA
$6.75 M (USD)
Employees
114
As of 2024
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Peer comparison for SBL Energy

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Competitors of SBL Energy

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Detailed competitors of SBL Energy

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Latest news on 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 current CEO of SBL Energy.

SBL Energy is a funded company, having raised a total of $41.16M across 3 funding rounds to date.

As of Mar 26, 2024, the latest employee count at SBL Energy is 114.

Annual revenue of SBL Energy is $59.22M as on Mar 31, 2023.

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.

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