About Indian Explosives Private Limited
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Indian Explosives Private Limited is a foreign private limited company based in Hyderabad, Telangana, India, a subsidiary of Orica Investments Pty Ltd. It operates in the chemical products segment of the chemicals sector. It was incorporated on 17 May 1999 and has been in existence for over 27 years.
The company is registered with the Registrar of Companies (ROC), Hyderabad, under CIN U24100TS1999FTC181373. Its GSTIN is 36AAACI6548N2Z2 (Telangana). The company holds 10 GST registrations, of which 8 are active.
The company has an authorised share capital of ₹50 Cr and a paid-up capital of ₹22.51 Cr. It was formerly known as Indian Explosives Limited. It is led by directors including Rajendra Konidina and Seetharaman Prashanth.
Its last annual general meeting (AGM) was held on 10 March 2025, and its latest financial statements are for the year ended 30 September 2024. The registered office is at Tower – 100 Unit No – 0302 3rd Floor The Spire Plot No – 4, Survey No 83/1 Hyderabad Knowledge City Layout Raidurgam, Telangana, India – 500032.
As per the financials filed for FY 2022, the company reported a revenue of ₹357.92 Cr, a growth of 23% compared to the previous year. Revenue has grown at a compounded annual rate (CAGR) of 1% over three years.
The company has about 463 employees on its provident fund (EPFO) records.
The company is associated with 1 brand: Orica. As per MCA filings, the company has satisfied charges of ₹65 Cr on record. Court records list 37 cases involving the company, including 33 filed by the company and 4 filed against it; 15 cases are pending. The company has 2 deals on record (1 rights issue, 1 secondary share transfer); the latest was in March 2024. Its 8 peer companies in the Defence industry (Defence Accessories and Components), with the same principal business activity (chemical and chemical products, pharmaceuticals, medicinal chemical and botanical products) are compared by revenue, 4 larger and 4 smaller; the largest is Ifb Automotive Private Limited with revenue of ₹466.42 Cr.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website orica.com.
Company details
CIN history
Indian Explosives has 6 previous CINs, indicating changes in the company's corporate structure or registration details. The current CIN is U24100TS1999FTC181373, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U24100TS1999FTC181373 | Current |
| U24292WB1999FTC089431 | Previous |
| U14100WB1999FTC089431 | Previous |
| U24292WB1999FLC089431 | Previous |
| U24292WB1999PLC089431 | Previous |
| L24292WB1999PLC089431 | Previous |
| U24100WB1999FTC089431 | Previous |
Contact details
Indian Explosives Private Limited's registered office is in Hyderabad, Telangana.
- Social Media
- Registered AddressTower – 100 Unit No – 0302 3rd Floor The Spire Plot No – 4, Survey No 83/1 Hyderabad Knowledge City Layout Raidurgam, Telangana, India – 500032
- IndustryChemicals, Chemical Products, Medicinal Chemical & Botanical Products, Pharmaceuticals
- 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
Financials of Indian Explosives Private Limited
FY 2024 filings availableIndian Explosives Private Limited reported revenue of ₹357.92 Cr (up 23% YoY) for FY 2022.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 1% over three years, including 23% growth 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
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Financial Ratios
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To see the full financial statements and ratios of Indian Explosives Private Limited, buy the company report.
Board of directors of Indian Explosives Private Limited
Indian Explosives has 3 current directors and 14 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Rajendra Konidina | Director | 10 Aug 2022 | 4 Years 2 Months | Current |
| Seetharaman Prashanth | Director | 23 Sep 2022 | 4 Years 1 Months | Current |
| Abhishek Biswas | Director | 17 Apr 2023 | 3 Years 6 Months | Current |
Peer comparison
Indian Explosives Private Limited is compared with the 8 companies closest to it by revenue in the Defence industry (Defence Accessories and Components), with the same principal business activity (chemical and chemical products, pharmaceuticals, medicinal chemical and botanical products), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Ifb Automotive Private Limited | ₹466.42 Cr (FY 2025) | 9.0% | Kolkata, West Bengal, India | |||
| Premier Explosives Limited | ₹419.57 Cr (FY 2025) | 52.0% | Secunderabad, Andhra Pradesh, India | |||
| Tata Advanced Materials Limited | ₹380.38 Cr (FY 2020) | -9.0% | Karnataka, India | |||
| Paras Defence and Space Technologies Limited | ₹372.58 Cr (FY 2025) | 42.0% | Navi Mumbai, Maharashtra, India | |||
| Indian Explosives Private Limitedthis company | ₹357.92 Cr (FY 2022) | 23.0% | Hyderabad, Telangana, India | |||
| Kalyani Rafael Advanced Systems Private Limited | ₹323.4 Cr (FY 2025) | 17.0% | Pune, Maharashtra, India | |||
| Alpha-Elsec Defence & Aerospace Systems Private Limited | ₹311 Cr (FY 2025) | 62.0% | Bangalore, Karnataka, India | |||
| Defsys Solutions Private Limited | ₹282.43 Cr (FY 2024) | -24.0% | New Delhi, Delhi, India | |||
| Micron Instruments Private Limited | ₹253.76 Cr (FY 2025) | 22.0% | New Delhi, Delhi, India |
To see the full peer comparison of Indian Explosives Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 16 May 2000 | 80055311 | Anz Grindlays Bank Limited | ₹30 Cr | Satisfied | |
| 23 Mar 2000 | 80038004 | State Bank of India | ₹35 Cr | Satisfied |
To see the full charge records of Indian Explosives Private Limited, buy the company report.
Total charge records: 2 View all charges
Deals & funding
Indian Explosives Private Limited has 2 deals on record (1 rights issue, 1 secondary share transfer); the latest was in March 2024.
Deals on record (2 of 2)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Mar 2024 | Rights issue | ₹9.1 Cr | Investors: Orica Investment Pty Limited |
| Sep 2006 | Secondary share transfer | Undisclosed | Seller: Orica Investment Pty Limited |
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal cases
Indian Explosives Private Limited has 37 court cases on record: 33 filed by Indian Explosives, 4 filed against it. 15 cases are pending and 22 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 29 | 0 | 12 |
| District courts | 6 | 3 | 3 |
| Supreme Court | 1 | 1 | 0 |
| NCLT | 1 | 0 | 0 |
Cases on record (5 of 37)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, BENGALURU, Karnataka | Criminal complaint | Filed against the company by Kisetsu Saison Finance (India) Pvt Ltd | Pending |
| District court, Rangareddy, Telangana | Execution petition | Filed by the company against Siby Mining and Infrastructure Private Limited | Pending |
| Calcutta High Court | Writ petition | Filed by the company against Coal India Ltd & Ors | Pending |
| Supreme Court | Court case (1807-Ordinary Civil Matters : Others) | Filed against the company by Ideal Detonators Private Limited Authorised Signatory Shri Chandranshu Chattopadhyay Idea Towers, 2Nd Floor, Sy. No. 115, Akbar Road, Tadbund, Secunderabad ,Secunderabad , Telangana | Disposed |
| District court, BENGALURU, Karnataka | Criminal complaint | Filed against the company by Kisetsu Saison Finance (India) Pvt Ltd | Disposed |
To see the full case history of Indian Explosives Private Limited, buy the company report.
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 & regulatory alerts
Indian Explosives Private Limited was last rated by Crisil on 24 Jun 2020.
| Rating agency | Rated on | Rating |
|---|---|---|
| Crisil | 24 Jun 2020 |
To see the full credit ratings and regulatory alerts of Indian Explosives Private Limited, buy the company report.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Indian Explosives Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Indian Explosives has 10 GST registrations: 8 active and 2 cancelled or inactive. The first 4 active GSTINs are listed below.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 36AAACI6548N2Z2 | Telangana | Active | 01 Jul 2017 |
| 08AAACI6548N1Z2 | Rajasthan | Active | 01 Jul 2017 |
| 21AAACI6548N1ZE | Odisha | Active | 01 Jul 2017 |
| 22AAACI6548N1ZC | Chhattisgarh | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Indian Explosives Private Limited, buy the company report.
Recent activity
Indian Explosives Private Limited has 17 board changes on record since 2011: 3 appointments and 14 cessations. The latest: Abhishek Biswas ceased to be Additional Director on 28 Sep 2023.
13 earlier events are in the company report.
News
Frequently asked questions
Indian Explosives is an active foreign private limited company based in Hyderabad, Telangana, India. The company works in chemical products, within the chemicals industry. It was incorporated on 17 May 1999 (27+ years old) and is registered under CIN U24100TS1999FTC181373.
Indian Explosives has 3 current directors:
- Rajendra Konidina - Director
- Seetharaman Prashanth - Director
- Abhishek Biswas - Director
The latest financial statements of Indian Explosives on record with the MCA are for the year ended 30 September 2024. Its last annual general meeting was held on 10 March 2025. Year-wise statements from 2015 are in the company report.
The GSTIN of Indian Explosives is 36AAACI6548N2Z2, registered in Telangana. The company has 10 GST registrations in all, of which 8 are active and 2 are cancelled or inactive. Other active GSTINs include 08AAACI6548N1Z2 (Rajasthan), 21AAACI6548N1ZE (Odisha), 22AAACI6548N1ZC (Chhattisgarh).
The CIN (Corporate Identification Number) of Indian Explosives is U24100TS1999FTC181373. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Indian Explosives has 37 court cases on record: 33 filed by the company and 4 filed against it. 15 are pending. Most are in the high courts.
Indian Explosives was incorporated on 17 May 1999, making it 27+ years old. It is registered with the Registrar of Companies, Hyderabad.
Indian Explosives has 2 deals on record (1 rights issue, 1 secondary share transfer); the latest was in March 2024.
The peers of Indian Explosives by revenue are Ifb Automotive Private Limited, Premier Explosives Limited, Tata Advanced Materials Limited, Paras Defence and Space Technologies Limited, Kalyani Rafael Advanced Systems Private Limited and 3 more, all in the Defence industry (Defence Accessories and Components), with the same principal business activity (chemical and chemical products, pharmaceuticals, medicinal chemical and botanical products).
Abhishek Biswas ceased to be Additional Director on 28 Sep 2023. Abhishek Biswas was appointed as Director on 17 Apr 2023. Rajendra Konidina ceased to be Additional Director on 30 Sep 2022. Indian Explosives has 17 board changes on record in total.
Indian Explosives can be reached through the website orica.com. Its registered office is in Hyderabad, Telangana, India.
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