When was SBL Energy founded?

SBL Energy was founded in 2002 and raised its 1st funding round 12 years after it was founded.

Where is SBL Energy located?

SBL Energy is headquartered in Nagpur, India. It is registered at G-04, GROUND FLOOR, WALLFORT OZONE, FAFADIH CHOWK, Raipur, Raipur, Raipur, Chattisgarh, India, 492001.

Which legal entities is SBL Energy associated with?

SBL Energy is associated with SBL ENERGY LIMITED.

How many employees does SBL Energy have?

As of Jul 31, 2025, the latest employee count at SBL Energy is 201.

Is SBL Energy a funded company?

SBL Energy is a funded company, having raised a total of $51.2M across 4 funding rounds to date. The company's 1st funding round was a $***** Seed round, raised on Mar 26, 2014.

How much is SBL Energy worth?

The latest valuation of SBL Energy is ₹***** as of Sep 03, 2025.

When was the latest funding round of SBL Energy?

SBL Energy's latest funding was a $***** Series B round on Sep 03, 2025, with participation from 2 investors.

What is the annual revenue of SBL Energy?

Annual revenue of SBL Energy is more than ₹1,000 Cr as on Mar 31, 2025

Where does SBL Energy rank among its competitors?

SBL Energy ranks 2nd amongst 60 active competitors, of which 3 are funded. It stands 1st in terms of total funding among its competitors. The most recent competitor to raise funding was SBL Energy, which secured $39.2M in Feb, 2024.

Who are the top competitors of SBL Energy?

SBL Energy's top competitors include Dyno Nobel, Palvi and Ambani Organics. Among them, SBL Energy secured the most recent funding round in September, 2025.

SBL Energy - 2026 Company Profile, Team, Funding, Competitors & Financials

Company Details

Manufacturer of industrial and mining explosives, detonators, and explosive accessories. The company provides a range of explosives including slurry, emulsion, and bulk emulsion explosives. It also offers detonating fuse, ordinary detonators, electric detonators, non-electric detonators, and cast boosters. The company serves public sector units, government organizations, and mining contractors. It provides technical services and consultations to clients.

Website: www.sblenergy.com/
Social
Email ID: *****@sblenergy.com
Phone Number: +91 **********
Registered Address: G-04, GROUND FLOOR, WALLFORT OZONE, FAFADIH CHOWK, Raipur, Raipur, Raipur, Chattisgarh, India, 492001

Key Metrics

Founded Year

2002

Location

Nagpur, India

Stage

Series B

Total Funding

$51.2M in 4 rounds

Latest Funding Round

Series B, Sep 03, 2025, $*****

Post Money Valuation

₹***** as on Sep 03, 2025

Investors

Neweraltd & 40 more

Ranked

2^nd among 60 active competitors

Annual Revenue

₹1,000+ Cr as on Mar 31, 2025

Employee Count

201 as on Jul 31, 2025

Similar Companies

Dyno Nobel & 58 more

View SBL Energy's full profile

SBL Energy is associated with 1 legal entity given below:

Legal Entity Name	Date of Incorporation	Revenue	Latest Employee Count	Documents
SBL ENERGY LIMITED CIN: U24292CT2002PLC015581 , India, Active	Feb 08, 2002	₹1,000+ Cr (As on Mar 31, 2025)	186 (As on Mar 01, 2025)

SBL Energy has raised a total funding of $51.2M over 4 rounds. Its first funding round was on Mar 26, 2014. Its latest funding round was a Series B round on Sep 03, 2025 for $*****. 2 investors participated in its latest round. SBL Energy has 25 institutional investors and 16 angel investors.

Here is the list of recent funding rounds of SBL Energy:

Filter this list

Date of Funding	Funding Amount	Round Name	Post-Money Valuation	Revenue Multiple	Lead Investors	Other Investors
Sep 03, 2025	4630814	Series B	5136345	4052687	4613020	2379413
Feb 24, 2024	4814853	Series B	3008818	6774252	2575800	9503890
Dec 04, 2017	7000819	Series A	6399344	3220295	Sanjay Choudhari	Mahanadi Metals and Chemicals & 2 more

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View details of SBL Energy's funding rounds and investors

The founders of SBL Energy is Sanjay Choudhary.

Here are the details of SBL Energy's key team members:

Sanjay Choudhary: Owner of SBL Energy. They are also an angel investor in 1 startup.

SBL Energy's Board of Directors

SBL Energy's board has 7 active members. Avdhesh Kumar and Hamid Khan are part of team and Aman Sinha, Rakesh Tiwari, Ravindra Pokharna, Ravi Kamra and Tulsi Ram Sahu are independent board members.

Here is the list of SBL Energy's board of directors:

Name	Type	Representing	Status	Duration
Avdhesh Kumar	Team	-	Current	13y 0m
Hamid Khan	Team	-	Current	18y 9m
Aman Sinha	Independent board member	-	Current	4y 9m
pujstjo	Independent board member	-	Past	3y 7m
hetmhvs	Independent board member	-	Past	9y 4m
zq{aynl	Independent board member	-	Past	4y 6m
xwjojp{	Independent board member	-	Past	9y 5m
lzfpjyi	Independent board member	-	Past	3y 2m
zn{ab{k	Independent board member	-	Past	8y 8m
cyez{ey	Independent board member	-	Past	5y 3m
rwzgwyy	Independent board member	-	Past	7y 7m
rsdmzyn	Independent board member	-	Past	1y 6m
jdqfloo	Independent board member	-	Past	4y 2m
kwumov{	Independent board member	-	Past	2y 7m
kmx{pyh	Independent board member	-	Past	5y 1m
ibve{mg	Independent board member	-	Past	4y 6m
mwunquq	Independent board member	-	Past	2y 7m

View details of SBL Energy's Founder profiles and Board Members

SBL Energy's employee count trend

SBL Energy has 201 employees as of Jul 25. Here is SBL Energy's employee count trend over the years:

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Top competitors of SBL Energy include Dyno Nobel, Palvi and Ambani Organics. Here is the list of Top 10 competitors of SBL Energy, ranked by Tracxn score:

Rank	Company Details	Short Description	Total Funding	Investors	Tracxn Score
1st	Dyno Nobel 1865, Salt Lake City (United States), Acquired	Manufacturer of commercial explosives	-	IK Partners, Nordic Mezzanine Advisers & 1 others	60/100
2nd	SBL Energy 2002, Nagpur (India), Series B	Manufacturer of industrial and mining explosives, detonators, and explosive accessories	$51.2M	Synergy Capital, India SME Investments & 39 others	48/100
3rd	Palvi 1995, Vadodara (India), Unfunded	Palvi Industries Limited: Top Industrial Chemical Manufacturer specializing in Molybdenum Chemistry Solutions.	-	-	47/100
4th	Ambani Organics 1991, Mumbai (India), Public	Manufacturer and supplier of dyes and chemicals	-	-	43/100
5th	Enaex 1920, Las Condes (Chile), Funding Raised	Provider of logistics and advisory services to mining industry	-	-	42/100
6th	Benson Polymers 1992, Delhi (India), Unfunded	Develops Cyanoacrylate adhesives for industrial applications	-	-	41/100
7th	Performance Chemiserve 2017, Pune (India), Acquired	Manufactures agricultural chemicals and fertilizers	-	DFPCL	41/100
8th	Beezaasan 2016, Gandhinagar (India), Public	Manufacturer of slurry, emulsion explosives, detonating fuse, and cast boosters	-	-	41/100
9th	EPC Group 1893, Paris (France), Public	Manufacturer and distribution of industrial explosives	-	Argos Wityu	39/100
10th	IDEAL Industrial Explosives Ltd 1987, Secunderabad (India), Unfunded	Ideal Explosives - Industrial Explosives and Detonators Suppliers	-	-	39/100

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Founders own 4.41%, Funds (largest shareholder) own 20.32%, Enterprises own 4.78% and Angels own 5.08%. The net worth of SBL Energy's founders is INR 128Cr as of Sep 03, 2025.

Shareholders Name	Post Round Holding %	Net worth	Cumulative Investment	Realised Returns	Unrealised Returns	Return Multiple
Founder	4.41%	128Cr	6751	4190	4594	6668
Sanjay Choudhary	0	0	0	0	0	0
Fund	20.32%	590Cr	7772751	4119079	1347098	5502828
Synergy Capital	2059142	3388788	4779796	2468290	9225587	5769121
India SME Investments	2987	6372	4359	3167	7314	3394
Enterprise	4.78%	139Cr	2260	9625	4324	1808
Angel	5.08%	148Cr	99572	75112	85787	96942
Other People	62.66%	1,820Cr	9379808	5249718	5967589	6287785
Other Investors	2.75%	79.9Cr	61	66	49	52
Total	100.00%	2,900Cr	8261792	3762232	8909062	7848759