About Special Blasts
Special Blasts is a company based in Raipur (India) founded in 1988. Special Blasts has raised $2.76 million across 3 funding rounds from investors including Ashoka Refineries, Sharma Vin Trade and New Era Alkaloids & Exports Limited. The company has 73 employees as of February 09, 2025. Special Blasts offers products and services including Slurry Explosives, Emulsion Explosives, Bulk Emulsion Explosives, Permitted Emulsion Explosives, and Detonator.
- Headquarter Raipur, India
- Employees 73 as on 09 Feb, 2025
- Stage Minicorn
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Sectors
Chemicals & Materials
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Email
***********
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Phone
*********
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Website
*********
- Legal Name Special Blasts Limited
- Date of Incorporation 25 Aug, 1988
- Jurisdiction Raipur, Chattisgarh, India
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Annual Revenue
$76.11 M (USD)-22.86as on Mar 31, 2024
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Net Profit
$8.72 M (USD)62.67as on Mar 31, 2024
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EBITDA
$13.17 M (USD)51.4as on Mar 31, 2024
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Total Equity Funding
$2.76 M (USD)
in 3 rounds
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Latest Funding Round
$1 M (USD), Unspecified
Mar 27, 2015
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Investors
Ashoka Refineries
& 10 more
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Employee Count
73
as on Feb 09, 2025
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Products & Services of Special Blasts
Special Blasts offers a comprehensive portfolio of products and services, including Slurry Explosives, Emulsion Explosives, Bulk Emulsion Explosives, Permitted Emulsion Explosives, and Detonator.
Industrial explosive for mining and blasting operations
High-performance explosive for bulk applications
Large-scale explosive for industrial use
Safe explosive for regulated environments
Initiation device for explosive charges
High-explosive material for specialized uses
Funding Insights of Special Blasts
Special Blasts has successfully raised a total of $2.76M across 3 strategic funding rounds. The most recent funding activity was a Unspecified round of $1 million completed in March 2015. 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 Total Funding
- Total Rounds 3
- Last Round Unspecified — $1.0M
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First Round
First Round
(23 May 2006)
- Investors Count 11
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Mar, 2015 | Amount | Unspecified - Special Blasts | Valuation | Fabritech Tradelink , Specialmetaliks |
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| Nov, 2012 | Amount | Unspecified - Special Blasts | Valuation | Sharma Vin Trade | |
| May, 2006 | Amount | Unspecified - Special Blasts | Valuation | Ashoka Refineries |
Investors in Special Blasts
Special Blasts has secured backing from 11 investors, including institutional investors. Prominent investors backing the company include Ashoka Refineries, Sharma Vin Trade and New Era Alkaloids & Exports Limited.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
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Founded Year | Domain | Location | |
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New Era Alkaloids & Exports Limited is engaged in manufacturing and distributing industrial products and chemicals.
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Founded Year | Domain | Location | |
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Chemical manufacturing, processing, and electronics research in Raipur.
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Founded Year | Domain | Location |
Investments & Acquisitions by Special Blasts
Financial Statements - Special Blasts
Special Blasts Comparisons
Competitors of Special Blasts
Latest news on Special Blasts
Frequently Asked Questions about Special Blasts
Special Blasts was founded in 1988 and raised its 1st funding round 18 years after it was founded.
Special Blasts is headquartered in Raipur, India. It is registered at Raipur, Chhattisgarh, India.
Special Blasts is a funded company, having raised a total of $2.76M across 3 funding rounds to date. The company's 1st funding round was a Unspecified of $674.3K, raised on May 23, 2006.
As of Feb 09, 2025, the latest employee count at Special Blasts is 73.
Annual revenue of Special Blasts is $76.11M as on Mar 31, 2024.
Special Blasts was founded in 1988 and is based in Raipur, India. Operations focus on the production of industrial explosives and related accessories within the manufacturing sector. Products are supplied to support activities in mining, construction, and quarrying. The company is led by Managing Director Ajay Choudhari. Distribution occurs primarily across domestic markets, with emphasis on safety-compliant materials.
Special Blasts offers Slurry Explosives, Emulsion Explosives, Bulk Emulsion Explosives, Permitted Emulsion Explosives, and 2 more products and services.
Special Blasts has 11 investors. Key investors include Ashoka Refineries, Sharma Vin Trade, New Era Alkaloids & Exports Limited, Natura Hue-Chem Limited, and Shubham Enterprises.
The valuation of Special Blasts is $10.81M as of Mar 2015.