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Beezaasan Explotech Ltd IPO
BSE SME Bookbuilding IPO Fresh Capital Closed Live Chart
GMP +₹0 +0% Est. Listing ₹175
Issue Price
₹175
Face ₹10
GMP
+₹0
+0% premium
Est. Listing
₹175
GMP based
Lot Size
800
shares / lot
Min Amount
₹140,000
1 lot · 800 shares
Live Price
tap to chart
Allotment
Important Dates
6/6 completed
Open
Close
Allotment
Refund
Demat
Listing
Done
Open Date
21 Feb 2025
Fri Completed
Done
Close Date
25 Feb 2025
Tue Completed
Done
Allotment
27 Feb 2025
Thu Completed
Done
Refund
28 Feb 2025
Fri Completed
Done
Demat Credit
28 Feb 2025
Fri Completed
Done
Listing Date
03 Mar 2025
Mon Completed
UPI Deadline: 25 Feb 2025
Issue Details
Pricing & Size
Issue Price
₹175 Face ₹10
Lot Size
800 shares
Min Investment
₹140,000
Total Issue Size
34,24,800 shares (aggregating up to ₹59.93 Cr)
IPO Information
Issue Type
Bookbuilding IPO
Sale Type
Fresh Capital
Listing Exchange
BSE SME
Script / Ticker
-
Allocation Breakdown
Market Maker
1,76,000 (5.14%)
QIB Portion
16,21,600 (47.35%)
NII / HNI
4,88,800 (14.27%
Retail
11,38,400 (33.24%)
Employee
-
Net Offer to Public
32,48,800 shares (aggregating up to ₹56.85 Cr)
Shareholding Pattern
Pre-Issue Shareholding
94,96,333 shares
Post-Issue Shareholding
1,29,21,133 shares
Application Size
CategoryMin LotsSharesAmount
Retail (sNII) 1 800 ₹1,40,000
HNI / NII 2 1,600 ₹2,80,000
Objects of Issue
6 objectives
1
Funding the Capital expenditure towards civil construction required for the Expansion of the existing manufacturing unit for the Emulsion Explosive-3 Plant, Emulsion Bulk Explosive Plant and Detonating Fuse Plant at the existing Manufacturing facility situated at Bhanthala, Mahisagar, Gujarat;
2
Funding of Capital expenditure towards the purchase of Plant and machinery for Expansion of existing manufacturing unit for the Emulsion Explosive-3 Plant, Emulsion Bulk Explosive Plant and Detonating Fuse Plant at the existing Manufacturing facility situated at Bhanthala, Mahisagar, Gujarat;
3
Funding of capital expenditure towards civil construction is required for the expansion of an additional magazine (Storage) facility for the emulsion cartridge explosives and detonating fuse at the existing location situated at Felsani, Gujarat;
4
Purchase of Commercial Vehicle;
5
Repayment/prepayment of all or certain of the borrowings availed of by the Company
6
General corporate purposes.
Lead Managers & Market Maker
Book Running Lead Managers
Smart Horizon Capital Advisors Pvt.Ltd
Market Maker
Rikhav Securities Ltd
IPO Timeline
Open
21 Feb
✓ Done
Close
25 Feb
✓ Done
Allotment
27 Feb
✓ Done
Listing
03 Mar
✓ Done
Registrar Details
Kfin Technologies Ltd
SEBI Registered Registrar & Transfer Agent
Phone
04067162222, 04079611000
Email
bel.ipo@kfintech.com
Company Contact
Email
investors@beezaasan.in
Phone
+91 6359607701
Address
5th Floor, 511, Pramukh Tangent Complex Pramukh Tangent Complex, Sargasan Cross Road S.G. Highway Gandhinagar, Gujarat, 382421
Grey Market Premium
LIVE
Current GMP
+₹0
+0% vs Issue Price
Issue Price
₹175
Est. Listing
₹175
Lot Size
800 shares
P&L / Lot
+₹0
GMP is unofficial grey market data. Does not guarantee listing price or returns.
GMP Return Calculator
Estimated Listing
GMP %
Investment (1 Lot)
Total Investment
Expected P&L
ROI
Beezaasan Explotech Ltd LIVE
INR ·
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| Price
Market Reference
IPO Issue Price
₹175
GMP
+₹0 (+0%)
GMP Est. Listing
₹175
Previous Close
Exchange
Data from Yahoo Finance. May be delayed 15–20 min. GMP is unofficial. Not investment advice.
Category-wise Subscription
Category Sub (×) Offered Bid For Amt (Cr)*
QIB 16,21,600 (47.35%) ₹2,837.80 Cr
NII / HNI (Total) 4,88,800 (14.27% ₹855.40 Cr
Retail Investors 11,38,400 (33.24%) ₹1,992.20 Cr
Total ** 34,24,800 (100.00%) ₹59,934.00 Cr
Market Maker * 1,76,000 (5.14%) ₹30.80 Cr
* Based on ₹175.00 (upper price band)
NII / HNI Breakdown
Shares Reserved
QIB
16,21,600 (47.35%)
NII
4,88,800 (14.27%
Retail
11,38,400 (33.24%)
Market Maker
1,76,000 (5.14%)
* Shares Offered and Total Amount are indicative. ** Excluding Market Maker portion. Data sourced from exchange bidding platform.
Financial Summary
Amount in ₹ Crore
Metric30 Sep 202431 Mar 202431 Mar 2023
Revenue101.44187.90229.17
PAT8.334.872.94
EBITDA
Net Worth31.1223.2014.34
Total Assets82.0968.9961.63
Reserves21.6313.706.95
Borrowings39.6636.9443.29
Key Financial Ratios
25.93%
ROE
Return on Equity
16.20%
ROCE
Return on Capital Employed
20.89%
RONW
Return on Net Worth
2.61%
PAT Margin
PAT / Revenue
1.59
D/E Ratio
Debt to Equity
6.05
P/BV
Price to Book Value
5.12
Pre EPS
EPS Pre-Issue
12.89
Post EPS
EPS Post-Issue
34.15
Pre P/E
P/E Pre-Issue
13.57
Post P/E
P/E Post-Issue
About Beezaasan Explotech Ltd

Incorporated in August 2013, Beezaasan Explotech Limited manufactures and supplies a comprehensive range of explosives and explosive accessories. It primarily produces cartridge explosives, including slurry, emulsion, and detonating explosives.

The company is primarily involved in the manufacturing of explosives and explosives accessories used in the cement, mining, and defence industries.

The company focuses on producing high-quality cartridge explosives, which include slurry explosives, emulsion explosives, and detonating explosives.

The company's manufacturing facility is situated in Gujrat. The company's explosive manufacturing units hold multiple quality certifications, including ISO 9001:2015 for Quality Management Systems, ISO 14001:2015 for Environmental Management, and ISO 45001:2018 for Occupational Health and Safety Management.

The company's product portfolio consists of chemical explosives.

As of 31 March 2024, the company has a PAN India presence, with the client base spanning 11 states and 2 Union territories for its domestic market.

As of September 30, 2024, the company employed 188 people at its Manufacturing Plant, corporate office, and Registered Office.

Competitive Strength

  • One-Stop Solution for Explosives Product.
  • Long Standing Relationship with key Customers & Supplier.
  • Experienced Management team.
  • Continuous focus on developing novel and innovative products.
Frequently Asked Questions
What is the issue price of Beezaasan Explotech Ltd IPO?
The issue price of Beezaasan Explotech Ltd IPO is ₹175 per share, face value ₹10.
What is the lot size?
Minimum lot size is 800 shares, requiring ₹140,000.
What are the IPO dates?
Opens 21 Feb 2025, closes 25 Feb 2025.
When is the listing date?
Tentative listing: 03 Mar 2025 on BSE SME.
What is the current GMP?
Current GMP is +₹0, estimated listing ₹175 (+0%). GMP is unofficial.
How to apply?
Apply via ASBA through your bank, or via UPI through any broker app.

Check Allotment Status

Beezaasan Explotech Ltd IPO · Expected 27 Feb 2025

Check on Registrar
Post-IPO Timeline
Allotment Date
27 Feb 2025
Refund Initiation
28 Feb 2025
Demat Credit
28 Feb 2025
Listing Date
03 Mar 2025
Live Price LIVE
Quick Facts
Closed
GMP Signal
Bullish
+₹0
+0%
Issue Price
₹175
Face ₹10
Lot Size
800
shares / lot
Min Amount
₹140,000
1 lot
Est. Listing
₹175
GMP +₹0
Key Dates
Open
21 Feb Done
Close
25 Feb Done
Listing
03 Mar Done
Registrar
Kfin Technologies Ltd
A
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