Rajasthan Explosives And Chemicals Limited - Company Profile

It is a chemicals public limited company based in Nagpur, Maharashtra, India, established in 1979.

1979 Nagpur, Maharashtra, India Amalgamated

Last Updated: July 26, 2025

About Rajasthan Explosives And Chemicals Limited

Rajasthan Explosives And Chemicals Limited, a amalgamated public limited company, was established on 12 April 1979 in Nagpur, Maharashtra, India. Engaging in chemical products within the manufacturing sector, it holds CIN: U24292MH1979PLC409419. Registered under ROC Roc Mumbai. it is unlisted. It has an authorized capital of ₹65.00 Cr and a paid-up capital of ₹59.74 Cr.

It upholds a compliant status. Employing 281 professional, Its leadership includes Ashish Kumar Srivastava (Director), Sanjay Singh (Director), Madhu Vij (Director). Past directors included Yuvraj Singh Solanki, Ashish Kumar Srivastava, Raj Singh Bhada. It holds no open charges and ₹29.89 Cr settled loans. Its latest AGM occurred on 10 July 2024, with the balance sheet filed on 31 March 2024. It is based at Plot No 11, Zade Layout, Bharat Nagar, Nagpur, Maharashtra, 440033.

Company Details

CIN/LLPIN
U24292MH1979PLC409419
Registration Number
409419
Incorporation Date
12 April 1979
Authorized Capital
₹65.00 Cr
Paid-Up Capital
₹59.74 Cr
ROC Code
Roc Mumbai
Listing Status
Unlisted
Company Status
Amalgamated

Key Metrics

Authorised Capital ₹ 65.00 Cr as on 26-07-2025
Paid Up Capital ₹ 59.74 Cr as on 26-07-2025
Company Age 46 Year, 10 Months
Last Filing with ROC 31 Mar 2024
Satisfied Charges ₹ 29.89 Cr as on 26-07-2025
Revenue Growth **** 41.07% (FY 2024)
Profit Growth **** 151.02% (FY 2024)
Ebitda **** 2012.20% (FY 2024)
Net Worth 82.73% (FY 2024)
Total Assets **** 97.13% (FY 2024)

Comprehensive Company Insights

Explore comprehensive insights into Rajasthan Explosives And Chemicals Limited — covering financial performance, compliance records, Competitor, shareholding patterns, directors, key metrics, and litigation history. Unlock to see detailed insights and stay informed.

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Who are the key members and board of directors at Rajasthan Explosives And Chemicals Limited?

Current Directors

Name	Designation	Appointment Date	Status
Ashish Kumar Srivastava	Director	16 Dec 2023	Current
Sanjay Singh	Director	16 Dec 2023	Current
Madhu Vij	Director	16 Dec 2023	Current
Rakesh Sharma	Whole-Time Director	20 Mar 2023	Current
Sanjay Sharadrao Deogaonkar	Managing Director	27 Dec 2023	Current
Dilip Keshavlal Patel	Director	16 Dec 2023	Current

Past Directors

Name	Designation	Cessation	Status
Pramod Abcsdd	Director	25 Jun 2018	Past
Pramod Abcsdd	Additional Director	09 Jul 2024	Past
Pramod Abcsdd	Director	01 Nov 2019	Past
Pramod Abcsdd	Additional Director	09 Jul 2024	Past
Pramod Abcsdd	Director	17 May 2010	Past
Pramod Abcsdd	Director	13 Nov 2014	Past

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Financial Performance of Rajasthan Explosives And Chemicals.

Rajasthan Explosives And Chemicals Limited, for the financial year ended 2024, experienced significant growth in revenue, with a 41.07% increase. The company also saw a substantial improvement in profitability, with a 151.02% increase in profit. The company's net worth Soared by an impressive increase of 82.73%.

Date	Amount	Transaction Name	Valuation	Lead Investors	Investors
Jul, 2021	Amount	Post-IPO - Grab	Valuation	investors	Emtek
Feb, 2021	Amount	Post-IPO - Grab	Valuation	investors	Signite Partners
Jan, 2021	Amount	Post-IPO - Grab	Valuation	investors	Hana Financial Group , GGV Capital
Feb, 2021	Amount	Post-IPO - Grab	Valuation	investors	Signite Partners

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Key Matrics
Balance Sheet
Profit and Loss
Cash Flow
Ratios

Metrics

(FY 2023)

YOY Growth

(FY 2022)

(FY 2021)

(FY 2020)

(FY 2019)

Total Revenue

********

41.07%

*******

Revenue from Operations

*******

40.10%

*******

Total Assets

*******

97.13%

*******

Profit or Loss

*******

151.02%

*******

Net Worth

*******

82.73%

*******

EBITDA

*******

2012.20%

*******

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What is the Ownership and Shareholding Structure of Rajasthan Explosives And Chemicals?

In 2024, Rajasthan Explosives And Chemicals had a promoter holding of 95.48% and a public holding of 4.52%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Pattern (FY 2024)

Promoters: 92.83%
Public: 4.10%
Others: 3.07%

Shareholding Pattern over the Year

	FY (2024)	FY (2023)	FY (2022)	FY (2021)	FY (2020)
Promoters	92.83	94.62	94.55	94.55	94.55
Public	4.10	3.89	3.95	3.96	3.98
Others	3.07	1.49	1.50	1.49	1.47

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Charges (Loans)

Open Charges

₹0

Satisfied Charges

₹298,900,000.00

Charges Breakdown by Lending Institutions

State Bank Of India : 16.43 Cr
State Bank Of Bikaner & Jaipur : 12.96 Cr
L&T Finance Ltd : 0.50 Cr

Latest Charge Details

Date	Lender	Amount	Status
23 Feb 2007	State Bank Of Bikaner & Jaipur	₹2.61 Cr	Satisfied
16 Aug 2005	State Bank Of Bikaner & Jaipur	₹2.00 Cr	Satisfied
22 Apr 2004	L&T Finance Ltd	₹5.00 M	Satisfied
12 Jan 2001	State Bank Of India	₹16.43 Cr	Satisfied
14 May 1997	State Bank Of Bikaner & Jaipur	₹5.15 Cr	Satisfied

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How Many Employees Work at Rajasthan Explosives And Chemicals?

Rajasthan Explosives And Chemicals has a workforce of 281 employees as of Apr 07, 2025. Unlock access to detailed historical data on individuals associated with the company, including employment records, contributions to the Employees' Provident Fund Organization (EPFO), and other related insights.

Employee Date	Number of Employees
2020	78,000
2021	80,500
2022	83,200
2023	86,000
2024	89,500
2025	92,000

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Deals i

Gain comprehensive insights into the Deals and Valuation data of Rajasthan Explosives And Chemicals, offering detailed information on various transactions, including security allotment data. Explore the intricate details of financial agreements, mergers, acquisitions, divestitures, and strategic partnerships that have shaped Rajasthan Explosives And Chemicals's trajectory.

Rating

Access the credit rating data, providing valuable insights into the company's creditworthiness and financial stability. Explore assessments from leading credit rating agencies, evaluating factors such as debt obligations, liquidity, profitability, and overall financial health.

Alerts

Stay informed about regulatory alerts and litigation involving and associated companies. Receive timely updates on legal proceedings, regulatory changes, and compliance issues that may impact the company's operations, reputation, and financial performance. Monitor litigation involving subsidiaries, joint ventures, and other affiliated entities to assess potential risks and liabilities.

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Latest Updates, News, and FAQs on Rajasthan Explosives And Chemicals

Recent Activity within the Organization

Annual General Meeting

Rajasthan Explosives And Chemicals Limited last Annual general meeting of members was held on 10 Jul 2024 as per latest MCA records. was recorded as a recent event.
10 Jul 2024
Balance Sheet

Progress on Rajasthan Explosives And Chemicals Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Mumbai. was documented.
31 Mar 2024
Director Appointment

Shreya Ajay Agrawal was appointed as a Company Secretary was appointed as a Company Secretary on 09 Jan 2024 & has been associated with this company since 2 years 1 month . was recorded as a recent event.
09 Jan 2024
Director Appointment

Progress on Sanjay Sharadrao Deogaonkar was appointed as a Managing Director was appointed as a Managing Director on 27 Dec 2023 & has been associated with this company since 2 years 2 months . was documented.
27 Dec 2023
Director Appointment

Progress on Ashish Kumar Srivastava was appointed as a Director was appointed as a Director on 16 Dec 2023 & has been associated with this company since 2 years 2 months . was documented.
16 Dec 2023
Director Appointment

The activity Sanjay Singh was appointed as a Director was appointed as a Director on 16 Dec 2023 & has been associated with this company since 2 years 2 months . was completed.
16 Dec 2023

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