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ECONOMIC EXPLOSIVES LIMITED

Active

ECONOMIC EXPLOSIVES LIMITED having CIN U24292MH1995PLC091808 is 29 years , 9 month & 24 days old Public Indian Company incorporated on 16 Aug 1995. It is classified as Non-government company and is registered at ROC Mumbai. Its authorized share capital is Rs. 66,000,000 and its paid up capital is Rs. 48,000,000. It's NIC code is 24292 (which is part of its CIN).

As per the NIC code, it is involved in Manufacture Of Explosive . ECONOMIC EXPLOSIVES LIMITED Annual General Meeting (AGM) was last held on N/A and as per records from Ministry of Corporate Affairs (MCA), its balance sheet was last filed on 06-19-2023. Directors of ECONOMIC EXPLOSIVES LIMITED are Natrajan Ramkrishna and Manish Satyanarayan Nuwal.

ECONOMIC EXPLOSIVES LIMITED ' Corporate Identification Number (CIN) is U24292MH1995PLC091808 and its registration number is 091808. Users may contact ECONOMIC EXPLOSIVES LIMITED on its Email address - CS@SOLARGROUP.COM Registered address of ECONOMIC EXPLOSIVES LIMITED is 11 ZADE LAYOUT BHARAT,,NAGPUR,Maharashtra,India-440033. Current status of ECONOMIC EXPLOSIVES LIMITED is - Active.

Key Indicators

Authorised Capital
66,000,000

as on 09/06/2025

Paid Up Capital
48,000,000

as on 09/06/2025

Company Age
29 Year, 9 Months
Last Filing with ROC
1 Year, 11 Months

Company Information

CIN U24292MH1995PLC091808
Company Status Active
Registration Number 091808
Date of Incorporation 08/16/1995
RoC ROC Mumbai
Company Age 29 years & 305 days
Authorized Capital ₹ 66000000
Paid-up capital ₹ 48000000
Company Category Company limited by shares
Company Sub-Category Non-government company
Class of company Public
Activity Manufacture Of Explosive
Listing status Unlisted
Date of Last Annual General Meeting 31-03-2023
Date of Latest Balance Sheet 31-03-2023

Contact

Email ID CS@SOLARGROUP.COM
Address 11 ZADE LAYOUT BHARAT, NAGPUR Maharashtra India 440033
Website solargroup.com
Contact Number +91*******

Location on Map

Director

Designation Name Date OF Appointment DIN PAN Tenure
Director
MANISH SATYANARAYAN NUWAL
05/26/2023 00164388 2 years
Director
KAILASH CHANDRA NUWAL
08/16/1995 00374378 *****0201E 29 years
Director
SATYANARAYAN N NUWAL
05/25/2023 00713547 2 years
Director
SANJAY SINGH
02/24/2023 06641334 *****2626L 2 years
Director
AJAI GOVINDPRASAD NIGAM
08/12/2017 02820173 *****8290R 7 years
Director
AMRENDRA PRASAD VERMA
08/26/2023 00236108 *****8215D 1 years
Director
MADHU VIJ
01/11/2024 00025006 *****0701A 1 years
Director
DILIP KESHAVLAL PATEL
08/08/2023 00013150 *****8236D 1 years
Director
NATRAJAN RAMKRISHNA
04/03/2023 06597041 *****6837H 2 years
Director
VASUDHESH ARYA
11/21/2023 10374305 *****5887R 1 years

Companies connected through Directors

Name Status Paid Up Capital Common Directors Address
SOLAR INDUSTRIES LIMITED
Amalgamated
75,00,000.00 2 Maharashtra
SOLAR AVIONICS LIMITED
Active
5,00,000.00 2 Maharashtra
MSN GLOBAL VENTURES LIMITED
Active
5,00,000.00 2 Maharashtra
SOLAR CAPITALS LIMITED
Amalgamated
6,00,00,000.00 2 Maharashtra
MSN HOLDINGS LIMITED
Active
45,00,00,000.00 2 Maharashtra
SOLAR MINES & MINERALS LIMITED
Amalgamated
5,00,000.00 2 Maharashtra
SOLAR INDUSTRIES INDIA LIMITED
Active
18,09,80,110.00 2 Maharashtra
SOLAR MINING RESOURCES LIMITED
Amalgamated
5,00,000.00 2 Maharashtra
SOLAR HOLDINGS AND INVESTMENTS PRIVATE LIMITED
Active
2,00,00,000.00 1 Maharashtra
SOLAR COMPONENTS PRIVATE LIMITED
Amalgamated
82,00,000.00 2 Maharashtra
RCOEM TECHNOLOGY BUSINESS INCUBATORS FOUNDATION
Active
0.00 2 Maharashtra
RAJASTHAN EXPLOSIVES AND CHEMICALS LIMITED
Amalgamated
59,74,19,150.00 1 Maharashtra
ELECTROSTEEL CASTINGS LTD
Active
61,81,84,591.00 2 Odisha (Orissa)
SINGER INDIA LIMITED
Active
12,23,86,078.00 2 Delhi
MINEX METALLURGICAL COMPANY LIMITED
Active
11,50,43,760.00 2 Maharashtra
VASTU FINSERVE INDIA PRIVATE LIMITED
Active
1,48,54,71,110.00 1 Maharashtra
VASTU HOUSING FINANCE CORPORATION LIMITED
Active
6,89,27,69,400.00 2 Maharashtra
SMC GLOBAL SECURITIES LIMITED
Active
20,94,00,000.00 2 Delhi

Charges on assets

1

IDBI TRUSTEESHIP SERVICES LIMITED

No. of Loans: 1

Total Amount: 9,310,500,000.00 cr

2

STATE BANK OF INDIA

No. of Loans: 7

Total Amount: 1,071,800,000.00 cr

3

State Bank of India

No. of Loans: 1

Total Amount: 953,000,000.00 cr

4

state bank of india

No. of Loans: 1

Total Amount: 610,000,000.00 cr

5

SICOM LTD.

No. of Loans: 1

Total Amount: 7,300,000.00 cr

Charge Holder Branch Amount Date of creation Modification Satisfaction Status
IDBI TRUSTEESHIP SERVICES LIMITED SIR PHIROZSHAH MEHTA RD., FORT 9,310,500,000 14 Aug, 2019 05 Mar, 2024 - Open
STATE BANK OF INDIA 1,500,000 15 Aug, 1998 19 Jan, 2000 20 Mar, 2013 Closed
State Bank of India BHARAT NAGAR, AMRAVATI ROAD 953,000,000 31 Aug, 2006 30 Jun, 2017 19 Aug, 2019 Closed
STATE BANK OF INDIA 5, SAI COMPLEX, AMRAVATI ROAD, BHARAT NAGAR, 600,700,000 03 Sep, 2002 09 Sep, 2008 08 May, 2013 Closed
STATE BANK OF INDIA 1,500,000 17 Nov, 1998 11 Sep, 2003 20 Mar, 2013 Closed
state bank of india BHARAT NAGAR, AMRAVATI ROAD 610,000,000 24 Mar, 2014 - 19 Aug, 2019 Closed
STATE BANK OF INDIA 1,500,000 17 Nov, 1998 - 10 Feb, 2012 Closed
STATE BANK OF INDIA 1,500,000 15 Dec, 1999 19 Jan, 2000 20 Mar, 2013 Closed
STATE BANK OF INDIA Amravati Road, Bharatnagar 460,100,000 27 Jan, 2012 - 20 Oct, 2016 Closed
SICOM LTD. 7,300,000 17 Apr, 1998 - 17 Sep, 2002 Closed
STATE BANK OF INDIA BHARATNAGAR, AMRAVATI ROAD, 5,000,000 16 Sep, 1998 31 Aug, 2006 08 May, 2013 Closed

Registered Details

CIN
U24292MH1995PLC091808
PAN
U24292MH1995PLC091808
Incorporation
1 years , 6 month
Company Email
CS@SOLARGROUP.COM
Paid up Capital
₹ 48,000,000
Authorised Capital
₹ 66,000,000
Type
Public Non-government company

* There is the date provided by MCA, but availability for this year is not guaranteed.

-

Industry

Manufacture Of Explosive

Key Metrics

** All rupee values in INR crores. Based on March 2024 numbers.

Sales arrow 9.29%
₹ 140,987.4
EBITDA arrow 29%
₹ 135,987.4
Net Profit arrow 29%
₹ 135,987.4
Networth arrow 29%
₹ 135,987.4
Borrowings arrow 9.29%
₹ 140,987.4
Assets arrow 9.29%
₹ 140,987.4
Gross Margin arrow 9.29%
₹ 140,987.4
Operating Margin arrow 29%
₹ 135,987.4
Net Profit Margin arrow 29%
₹ 135,987.4
Return on Equity arrow 29%
₹ 135,987.4
ROCE arrow 9.29%
₹ 140,987.4
Debt to Equity arrow 9.29%
₹ 140,987.4

Financial Highlights

** All numbers in INR crores

Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024
Sales Locked Locked Locked Locked Locked
Operating profit Locked Locked Locked Locked Locked
Net profit Locked Locked Locked Locked Locked
Gross margin Locked Locked Locked Locked Locked
Operating margin Locked Locked Locked Locked Locked
Net margin Locked Locked Locked Locked Locked
Networth Locked Locked Locked Locked Locked
Borrowings Locked Locked Locked Locked Locked
Assets Locked Locked Locked Locked Locked
Debt to equity Locked Locked Locked Locked Locked
Current ratio Locked Locked Locked Locked Locked
ROE Locked Locked Locked Locked Locked
Days payable Locked Locked Locked Locked Locked
WC days Locked Locked Locked Locked Locked
unlock

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Balance Sheet

**** All numbers in INR crores

Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024
EQUITY AND LIABILITIES
(1) Shareholders‘ funds + Locked Locked Locked Locked Locked
(a) Share capita Locked Locked Locked Locked Locked
(b) Reserves and surplus Locked Locked Locked Locked Locked
(c) Money received against share warrants Locked Locked Locked Locked Locked
(2) Share application money pending allotment Locked Locked Locked Locked Locked
(3) Non-current liabilities + Locked Locked Locked Locked Locked
(a) Long-term borrowings Locked Locked Locked Locked Locked
(b) Deferred tax liabilities (Net) Locked Locked Locked Locked Locked
(c) Other Long-term liabilities Locked Locked Locked Locked Locked
(d) Long-term provisions Locked Locked Locked Locked Locked
(4) Current liabilities + Locked Locked Locked Locked Locked
(a) Short-term borrowings Locked Locked Locked Locked Locked
(b) Trade payables Locked Locked Locked Locked Locked
(A) total outstanding dues of micro enterprises and small enterprises; and Locked Locked Locked Locked Locked
(B) total outstanding dues of creditors other than micro enterprises and small enterprises. Locked Locked Locked Locked Locked
(c) Other current liabilities Locked Locked Locked Locked Locked
(d) Short-term provisions Locked Locked Locked Locked Locked
Total Locked Locked Locked Locked Locked
ASSETS
Non-current assets + Locked Locked Locked Locked Locked
(a) [Property, Plant and Equipment] Locked Locked Locked Locked Locked
(i) Tangible assets Locked Locked Locked Locked Locked
(ii) Intangible assets Locked Locked Locked Locked Locked
(iii)Capital work-in-progress Locked Locked Locked Locked Locked
(iv) Intangible assets under development Locked Locked Locked Locked Locked
(b) Non-current investments Locked Locked Locked Locked Locked
(c) Deferred tax assets (net) Locked Locked Locked Locked Locked
(d) Long-term loans and advances Locked Locked Locked Locked Locked
(e) Other non-current assets Locked Locked Locked Locked Locked
(2) Current assets + Locked Locked Locked Locked Locked
(a) Current investments Locked Locked Locked Locked Locked
(b) Inventories Locked Locked Locked Locked Locked
(c) Trade receivables Locked Locked Locked Locked Locked
(d) Cash and cash equivalents Locked Locked Locked Locked Locked
(e) Short-term loans and advances Locked Locked Locked Locked Locked
(f) Other current assets Locked Locked Locked Locked Locked
Total assets Locked Locked Locked Locked Locked
Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024
EQUITY AND LIABILITIES
(1) Shareholders‘ funds + lock lock lock lock lock
(a) Share capita lock lock lock lock lock
(b) Reserves and surplus lock lock lock lock lock
(c) Money received against share warrants lock lock lock lock lock
(2) Share application money pending allotment lock lock lock lock lock
(3) Non-current liabilities + lock lock lock lock lock
(a) Long-term borrowings lock lock lock lock lock
(b) Deferred tax liabilities (Net) lock lock lock lock lock
(c) Other Long-term liabilities lock lock lock lock lock
(d) Long-term provisions lock lock lock lock lock
(4) Current liabilities + lock lock lock lock lock
(a) Short-term borrowings lock lock lock lock lock
(b) Trade payables lock lock lock lock lock
(A) total outstanding dues of micro enterprises and small enterprises; and lock lock lock lock lock
(B) total outstanding dues of creditors other than micro enterprises and small enterprises. lock lock lock lock lock
(c) Other current liabilities lock lock lock lock lock
(d) Short-term provisions lock lock lock lock lock
Total lock lock lock lock lock
ASSETS
Non-current assets + lock lock lock lock lock
(a) [Property, Plant and Equipment] lock lock lock lock lock
(i) Tangible assets lock lock lock lock lock
(ii) Intangible assets lock lock lock lock lock
(iii)Capital work-in-progress lock lock lock lock lock
(iv) Intangible assets under development lock lock lock lock lock
(b) Non-current investments lock lock lock lock lock
(c) Deferred tax assets (net) lock lock lock lock lock
(d) Long-term loans and advances lock lock lock lock lock
(e) Other non-current assets lock lock lock lock lock
(2) Current assets + lock lock lock lock lock
(a) Current investments lock lock lock lock lock
(b) Inventories lock lock lock lock lock
(c) Trade receivables lock lock lock lock lock
(d) Cash and cash equivalents lock lock lock lock lock
(e) Short-term loans and advances lock lock lock lock lock
(f) Other current assets lock lock lock lock lock
Total assets lock lock lock lock lock

Profit & Loss

**** All numbers in INR crores

Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024
I.Revenue from operations lock lock lock lock lock
II. Other income lock lock lock lock lock
III.Total Revenue (I + II) lock lock lock lock lock
IV.Expenses + lock lock lock lock lock
(1)Cost of materials consumed lock lock lock lock lock
(2)Purchases of Stock-in-Trade lock lock lock lock lock
(3)Changes in inventories of finished goods work-in-progress and lock lock lock lock lock
(4)Stock-in-Trade lock lock lock lock lock
(5)Employee benefits expense lock lock lock lock lock
(6)Finance costs lock lock lock lock lock
(7)Depreciation and amortisation expense lock lock lock lock lock
(8)Other expenses lock lock lock lock lock
(9)Total expenses lock lock lock lock lock
VProfit before exceptional and extraordinary items and tax (III - IV) lock lock lock lock lock
VIExceptional items lock lock lock lock lock
VII.Profit before extraordinary items and tax (V - VI) lock lock lock lock lock
VIII.Extraordinary items lock lock lock lock lock
IX.Profit before tax (VII- VIII) lock lock lock lock lock
X. Tax expense: + lock lock lock lock lock
(1)Current tax lock lock lock lock lock
(2)Deferred tax lock lock lock lock lock
XI.Profit (Loss) for the period from continuing operations (VII-VIII) lock lock lock lock lock
XII.Profit/(loss) from discontinuing operations lock lock lock lock lock
XIII.Tax expense of discontinuing operations lock lock lock lock lock
XIV.Profit/(loss) from Discontinuing operations (after tax) (XII-XIII) lock lock lock lock lock
XV.Profit (Loss) for the period (XI + XIV) lock lock lock lock lock
XVI.Earnings per equity share: + lock lock lock lock lock
(1) Basic lock lock lock lock lock
(2)Diluted lock lock lock lock lock
Precentage of total incomex
Sales +
Sales growth %
Expenses +
Cost of services
Employee benefits expense
Other costs
Operating profit + lock lock lock
Operating margin % lock lock lock
Other income
Interest lock lock lock
Depreciation lock lock lock
Exceptional items
Profit before tax
Tax lock lock lock
Profit - disc. ops lock lock lock
Net profit lock lock lock
Net margin % lock lock lock
unlock

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Ratio

** All numbers in INR crores
Solvency +
Total Debt/Equity
Net Debt/Equity lock lock lock
Total Debt/Assets
Total Assets/Equity
Liquidity +
Current Ratio
Quick Ratio
Interest Coverage
Performance lock lock lock
Gross Margin
Operating Margin
Net Margin
Return + lock lock lock
Return on Equity
Pre-tax ROCE lock lock lock
Return on Assets lock lock lock
Pre-tax ROIC lock lock lock
Efficiency + lock lock lock
Days Payable lock lock lock
Days Inventory lock lock lock
Days Receivable lock lock lock
Fixed Asset Turnover lock lock lock
Total Asset Turnover lock lock lock
Working Capital lock lock lock
Cash Conversion Cycle lock lock lock
Working Capital Days lock lock lock
unlock

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Subsidiaries, Associate Companies & Join Ventures of Economic Explosives Limited

Company Identifier Name Percentage of Shares Held
lock lock lock
lock lock lock
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Fund Raising Activity of Economic Explosives Limited

Date of Allotment Securities Alloted Terms Number of Securities Nominal Amount Premium Amount Due & Payable Premium Amount Paid Total Discount Amount to be Paid on Calls (Excluding Premium) Attachments
lock lock lock lock lock lock lock lock lock lock
lock lock lock lock lock lock lock lock lock lock
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Board Meetings of Economic Explosives Limited

Date of Filing Date of Dispatch of Notice Date of Passing Resolution Section (Companies Act 2013) Section (Companies Act 1956) Subject Matter of Resolution Resolution Agreed By Resolution Type Additional Documents
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Auditors of Economic Explosives Limited

Financial Year Name of Auditor or Firm PAN of Auditor or Firm Membership Number / Registration Number Name of Auditor Signing Report Membership Number of Auditor Signing Report
lock lock lock lock lock lock
lock lock lock lock lock lock
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Outstanding Payments to Micro & Small Enterprises

Filing Type As On Amount Due to MSME Current Liabilities Ratio to Current Liabilities Reasons for Delay
lock lock lock lock lock lock
lock lock lock lock lock lock
lock lock lock lock lock lock

Investor Complaints & Serious Complaints About Economic Explosives Limited

Director Complain

Date DIN Cessation Date Cessation Reason Complaint
lock lock lock lock lock
lock lock lock lock lock
lock lock lock lock lock

Serious Complaints

Date Complaint Other
lock lock lock
lock lock lock
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Investor Complaints & Other Complaints

Date Complaint Type Complaint Sub Type Particulars of Secutiries Period Complaint Other Details
lock lock lock lock lock lock lock
lock lock lock lock lock lock lock
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Prosecution Details of Economic Explosives Limited

S.No. Defaulting Entities Court Name Prosecution Section Date of Order Status
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FAQs- Economic Explosives Limited

What is ECONOMIC EXPLOSIVES LIMITED ?

ECONOMIC EXPLOSIVES LIMITED having CIN U24292MH1995PLC091808 is 1 years , 6 month old Public Indian Company incorporated with MCA on 21 Nov 2023. ECONOMIC EXPLOSIVES LIMITED is listed in the class of Public Indian Company and classified as Non-government company. This company is registered at Registrar of Companies(ROC), ROC Mumbai with an Authorized Share Capital of 66,000,000 and paid-up capital is 48,000,000.

What is the CIN of ECONOMIC EXPLOSIVES LIMITED?

CIN of ECONOMIC EXPLOSIVES LIMITED is U24292MH1995PLC091808.

Where is ECONOMIC EXPLOSIVES LIMITED located?

Address of ECONOMIC EXPLOSIVES LIMITED is 11 zade layout bharat,,nagpur,maharashtra,india-440033,.

Who are the directors of ECONOMIC EXPLOSIVES LIMITED ?

The company has 16 directors/key management personnel Manish Nuwal,kailash Nuwal,satyanarayan Nuwal,sanjay Singh,ajai Nigam,amrendra Verma,madhu Vij,dilip Patel,natrajan Ramkrishna,sanjay Singh,madhu Vij,amrendra Verma,vasudhesh Arya,dilip Patel,satyanarayan Nuwal,manish Nuwal,

What is the contact details of ECONOMIC EXPLOSIVES LIMITED ?

Email : CS@SOLARGROUP.COM
Address : 11 ZADE LAYOUT BHARAT, NAGPUR Maharashtra India 440033

What does ECONOMIC EXPLOSIVES LIMITED do?

ECONOMIC EXPLOSIVES LIMITED is involved in activities such as Computer programming, consultancy and related activities

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