About Blastec (India) Private Limited
Data last updated:
Blastec (India) Private Limited was a private limited company based in Nagpur, Maharashtra, India, operated as a subsidiary of Solar Industries India Limited. The company has been amalgamated - it was merged with another entity and no longer exists as a separate legal entity. It operated in the defence accessories and components segment of the aerospace, maritime and defence sector. It was incorporated on 18 April 2000.
The company was registered with the Registrar of Companies (ROC), Mumbai, under CIN U74999MH2000PTC274886. The company has 9 GST registrations on record, none of which is active.
The company had an authorised share capital of ₹10 Cr and a paid-up capital of ₹9.9 Cr. It was led by directors including Purushottam Pundlikrao Deotare and Shyamsundar Mishra.
Its last annual general meeting (AGM) was held on 23 August 2021, and its latest financial statements are for the year ended 31 March 2021. The registered office was at 11 Zade Layout Bharat Nagar, Nagpur, Maharashtra, India – 440033.
As per the financials filed for FY 2021, the company reported a revenue of ₹10.64 Cr, a decline of 61% compared to the previous year. For the same year it recorded a net loss of ₹3.21 Cr (net margin -30.2%) and EBITDA of -₹1.63 Cr (EBITDA margin -15.4%). Revenue has declined at a compounded annual rate (CAGR) of 38% over three years and 31% over five years.
The company had about 10 employees on its provident fund (EPFO) records before it was dissolved.
As per MCA filings, the company had satisfied charges of ₹21.45 Cr on record. Court records list 6 cases involving the company, including 4 filed by the company and 2 filed against it; 1 case is pending.
The last known website on record is solargroup.com.
- EmailLocked
- TelephoneLocked
- Website
- Social MediaLocked
- Apps
- Registered Address11 Zade Layout Bharat Nagar, Nagpur, Maharashtra, India – 440033
- IndustryAerospace, Maritime and Defense, Defence Accessories & Components
- Company details, directors and signatories
- Historical financials and ratios
- Shareholding pattern and group structure
- Charges with holder and property details
- Legal cases, compliance and MCA filings
- One PDF report, delivered after checkout
CIN History of Blastec (India) Private Limited
Blastec (India) has one previous CIN (Corporate Identification Number): U74999DL2000PTC105299. The current CIN is U74999MH2000PTC274886, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U74999MH2000PTC274886 | Current |
| U74999DL2000PTC105299 | Previous |
Business Activity of Blastec (India) Private Limited
The main business activity of Blastec (India) is manufacturing. In detail, this covers other manufacturing including jewellery, musical instruments, medical instruments, sports goods, etc. activities.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| C | Manufacturing | C13 | Other manufacturing including jewellery, musical instruments, medical instruments, sports goods, etc. activities | Locked |
Business activity turnover details
Turnover share and past changes in activity are in the company report.
- Turnover contribution
- Historical classifications
- Filing-level activity changes
Verified entity values are shown only after access is granted.
Auditor Details of Blastec (India) Private Limited
Blastec (India) Private Limited is audited by GANDHI RATHI & CO for the financial year 2021.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| GANDHI RATHI & CO | Locked | Locked | Locked |
Complete auditor history
Appointment and cessation dates and past auditor changes are in the company report.
- Appointment status
- Appointment dates
- Cessation dates
- Auditor changes
Verified entity values are shown only after access is granted.
Board of Directors of Blastec (India) Private Limited
Blastec (India) has 3 current directors and 16 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Purushottam Pundlikrao Deotare Also directs: Emul Tek Private Limited | Director | 26 Sep 2018 | 8 Years 0 Months | As last reported |
| Shyamsundar Mishra | Director | 08 Jul 2019 | 7 Years 2 Months | As last reported |
| Someshwar Lonkaran Mundhada Also directs: Emul Tek Private Limited, Solar Defence Limited, Solar Defence Systems Limited and 1 more | Director | 11 Mar 2015 | 11 Years 6 Months | As last reported |
Financials of Blastec (India) Private Limited FY 2021 filings available
Blastec (India) Private Limited reported revenue of ₹10.64 Cr (down 61% YoY) for FY 2021.
Compounded Annual Growth Rate (CAGR) of Blastec (India) Private Limited
Revenue has declined at a compounded annual rate (CAGR) of 31% over five years, including a 61% fall in the latest year. EBITDA rose 43% in the latest year. Three- and five-year figures are compounded annual growth rates (CAGR): the steady yearly rate that links the first and the last year. All are worked out from the filed statements.
Financial Statement Summary of Blastec (India) Private Limited
| Metrics | FY 2020-21 | FY 2019-20 | FY 2018-19 | FY 2017-18 | FY 2016-17 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | •••• | •••• | •••• | •••• | •••• |
| Other Income | •••• | •••• | •••• | •••• | •••• |
| Total Revenue | ₹10.64 Cr | •••• | •••• | •••• | •••• |
| Cost of Materials Consumed | •••• | •••• | •••• | •••• | •••• |
| Employee Benefit Expense | •••• | •••• | •••• | •••• | •••• |
| Finance Costs | •••• | •••• | •••• | •••• | •••• |
| Depreciation and Amortisation | •••• | •••• | •••• | •••• | •••• |
| Other Expenses | •••• | •••• | •••• | •••• | •••• |
| Total Expenses | •••• | •••• | •••• | •••• | •••• |
| EBITDA | -₹1.63 Cr | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | -₹3.21 Cr | •••• | •••• | •••• | •••• |
| Balance Sheet | |||||
| Share Capital | •••• | •••• | •••• | •••• | •••• |
| Reserves and Surplus | •••• | •••• | •••• | •••• | •••• |
| Net Worth (Total Equity) | •••• | •••• | •••• | •••• | •••• |
| Long-term Borrowings | •••• | •••• | •••• | •••• | •••• |
| Short-term Borrowings | •••• | •••• | •••• | •••• | •••• |
| Trade Payables | •••• | •••• | •••• | •••• | •••• |
| Total Liabilities | •••• | •••• | •••• | •••• | •••• |
| Fixed Assets | •••• | •••• | •••• | •••• | •••• |
| Investments | •••• | •••• | •••• | •••• | •••• |
| Inventories | •••• | •••• | •••• | •••• | •••• |
| Trade Receivables | •••• | •••• | •••• | •••• | •••• |
| Cash and Bank Balance | •••• | •••• | •••• | •••• | •••• |
| Total Assets | •••• | •••• | •••• | •••• | •••• |
Financial Ratios of Blastec (India) Private Limited
| Metrics | FY 2020-21 | FY 2019-20 | FY 2018-19 | FY 2017-18 | FY 2016-17 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | -15.4% | •••• | •••• | •••• | •••• |
| Net Profit Margin | -30.2% | •••• | •••• | •••• | •••• |
| Return on Equity (ROE) | •••• | •••• | •••• | •••• | •••• |
| Return on Capital Employed (ROCE) | •••• | •••• | •••• | •••• | •••• |
| Return on Assets (ROA) | •••• | •••• | •••• | •••• | •••• |
| Liquidity and Debt | |||||
| Current Ratio | •••• | •••• | •••• | •••• | •••• |
| Quick Ratio | •••• | •••• | •••• | •••• | •••• |
| Debt-to-Equity Ratio | •••• | •••• | •••• | •••• | •••• |
| Interest Coverage Ratio | •••• | •••• | •••• | •••• | •••• |
| Efficiency and Growth | |||||
| Asset Turnover | •••• | •••• | •••• | •••• | •••• |
| Receivable Days | •••• | •••• | •••• | •••• | •••• |
| Payable Days | •••• | •••• | •••• | •••• | •••• |
| Inventory Days | •••• | •••• | •••• | •••• | •••• |
| Revenue Growth | •••• | •••• | •••• | •••• | •••• |
| Net Profit Growth | •••• | •••• | •••• | •••• | •••• |
Paid data: the figures shown as dots are available after purchase of the company report. Figures as filed with the MCA in Form AOC-4. The full year-wise statements and ratios of Blastec (India) are in the company report.
Financial statements from 2015
Earlier years and trend charts are in the company report.
- Income statements
- Balance sheets
- Cash-flow statements
- Ratios and benchmarks
Verified entity values are shown only after access is granted.
Ownership and Shareholding of Blastec (India) Private Limited
Shareholding and ownership data
Promoter, institutional, public and beneficial ownership figures are in the company report.
- Ownership categories
- Historical changes
- Group structure
- FII and DII holdings
Verified entity values are shown only after access is granted.
Charges & Borrowings of Blastec (India) Private Limited
| Date | Lender | Amount | Status |
|---|---|---|---|
| 14 Sep 2007 | Bank of India | ₹12.5 Cr | Satisfied |
| 31 May 2007 | Srei Infrastructure Finance Limited | ₹1.5 Cr | Satisfied |
| 30 Mar 2007 | Srei Infrastructure Finance Limited | ₹1.15 Cr | Satisfied |
| 13 Oct 2004 | Icici Bank Limited | ₹4 Cr | Satisfied |
| 20 Jan 2001 | State Bank of India | ₹1.05 Cr | Satisfied |
Total charge records: 7 View all charges
Employees and EPFO Compliance at Blastec (India) Private Limited
Blastec (India) Private Limited has a workforce of 10 employees as of Apr 10, 2024.
Employee and EPFO history
Monthly headcount, contribution history and filing status are in the company report.
- Monthly headcount
- PF contributions
- ECR filing status
- Establishment history
Verified entity values are shown only after access is granted.
GST Compliance of Blastec (India) Private Limited
Blastec (India) has 9 GST registrations on record, and all of them have been cancelled or are inactive. Only active GST numbers are listed on this page.
GST registrations and filing compliance
State-wise GST registrations, return filing status and HSN or SAC codes are in the company report.
- GSTIN registrations
- State-wise filing status
- HSN and SAC details
- Tax jurisdiction records
Verified entity values are shown only after access is granted.
Legal Cases of Blastec (India) Private Limited
Blastec (India) Private Limited has 6 court cases on record: 4 filed by Blastec (India), 2 filed against it. 1 case is pending and 5 are disposed. Status as checked between 21 Sep 2026 and 05 Oct 2026.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 3 | 0 | 1 |
| High courts | 2 | 1 | 0 |
| Supreme Court | 1 | 1 | 0 |
Cases on record (5 of 6)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Raipur, Chhattisgarh | Execution petition | Filed by the company against Sharda Energy and Mineral Limited | Pending |
| District court, Raigarh, Chhattisgarh | Court case (Civil Execution) | Filed by the company against Sharda Energy and Mineral Ltd and 1 other | Disposed |
| High Court of Chhattisgarh | Appeal | Filed by the company against Sharda Energy and Mineral Limited and 1 other | Disposed |
| High Court of Chhattisgarh | Court case (WP227) | Filed against the company by Sharda Energy and Mineral Ltd | Disposed |
| District court, Raigarh, Chhattisgarh | Civil suit | Filed by the company against an individual | Disposed |
Full case history
All 6 cases with case numbers, court, year-wise trend, opposite parties and decision dates are in the company report.
- Every case with its case number
- Year-wise trend
- Opposite parties
- Decision dates and orders
Verified entity values are shown only after access is granted.
Case records are compiled from court listings and may lag the court's own records. A case filed against a company is not a finding against it.
Credit Ratings, Litigation & Regulatory Alerts for Blastec (India) Private Limited
Credit ratings, litigation, and regulatory alerts
Credit ratings, court records and regulatory alerts are in the company report.
- Rating history
- Court and tribunal cases
- Regulatory alerts
- Director-linked violations
Verified entity values are shown only after access is granted.
MSME Payment Delays by Blastec (India) Private Limited
MSME payment history
Amounts due to small suppliers, the reasons given and MSME-1 filings are in the company report.
- Outstanding amounts
- Delay periods and reasons
- MSME-1 filing history
- Vendor payment signals
Verified entity values are shown only after access is granted.
Subsidiaries & Group Companies of Blastec (India) Private Limited
Corporate group structure
Parent, subsidiary, associate and joint venture records with holdings are in the company report.
- Parent company
- Subsidiaries and ownership
- Associates and joint ventures
- Entity investments
Verified entity values are shown only after access is granted.
MCA Filings & Documents of Blastec (India) Private Limited
MCA filings and documents
Filed forms, annual returns, financial statements and charge filings with their dates are in the company report.
- Incorporation documents
- Annual returns and statements
- Charge filings
- Complete filing index
Verified entity values are shown only after access is granted.
Recent Activity on Blastec (India) Private Limited
Recent News on Blastec (India) Private Limited
Frequently Asked Questions about Blastec (India) Private Limited
Blastec (India) has been "Amalgamated" (merged) as per MCA records. The company was combined with another entity and no longer exists as a separate legal entity. Business activities, if any, continue under the successor entity.
Blastec (India) was a private limited company based in Nagpur, Maharashtra, India. The company worked in defence accessories and components, within the aerospace, maritime and defense industry. It was incorporated on 18 April 2000 and is registered under CIN U74999MH2000PTC274886. The company is recorded as amalgamated in MCA records and no longer exists as a legal entity.
Blastec (India) was incorporated on 18 April 2000. It is registered with the Registrar of Companies, Mumbai.
Blastec (India) had 3 directors:
- Purushottam Pundlikrao Deotare - Director
- Shyamsundar Mishra - Director
- Someshwar Lonkaran Mundhada - Director
The CIN (Corporate Identification Number) of Blastec (India) is U74999MH2000PTC274886. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
The registered office of Blastec (India) is at 11 Zade Layout Bharat Nagar, Nagpur, Maharashtra, India – 440033.
Blastec (India) can be reached through the website solargroup.com. Its registered office is in Nagpur, Maharashtra, India.
Blastec (India) reported revenue of ₹10.64 Cr for FY 2021 (down 61% YoY).
Blastec (India) has an authorised share capital of ₹10 Cr and a paid-up capital of ₹9.9 Cr.