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Offer Date | Feb 21 - Feb 25, 2025 |
Offer Price | ₹ 165-175 |
Lot Size | 800 |
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Beezaasan Explotech Limited IPO
BSE SME LiveOffer Date: Feb 21, 2025 - Feb 25, 2025
₹ 140000 /800 Shares
ApplyBeezaasan Explotech IPO Live Subscription Details
Date
:21 Feb 2025,05:00:00 PM
QIBs
:0.61
NII
:0.32
Retail
:0.33x
Total
:0.40 times
Beezaasan Explotech IPO Details
21 Feb, 2025
Open Date25 Feb, 2025
Close Date27 Feb, 2025
Allotment Date03 Mar, 2025
Listing DateIssue Price
₹165-175 per equity shareFace Value
₹10 Per Equity ShareListing at Group
BSE SMERegistrar
Kfin Technologies LimitedMarket Lot
800 Shares (₹140,000/-)Lead Manager
Smart Horizon Capital Advisors Private LimitedIssue Size
34,24,800 shares(aggregating up to ₹59.93 Cr)Retail Portion
35%Subscription
0.40 times
The IPO of Beezaasan Explotech is priced at ₹165-175 per equity share, which has a face value of ₹10 Per Equity Share each. The company shall list its equity shares on BSE SME. Kfin Technologies Limited is the registrar of the issue.
Beezaasan Explotech IPO bid opening date is from Feb 21, 2025 and the bid closing date was Feb 25, 2025.
Beezaasan Explotech IPO allotment result will be available on Feb 27, 2025. The tentative listing date for Beezaasan Explotech is Mar 3, 2025.
The total issue size is 34,24,800 shares(aggregating up to ₹59.93 Cr).
Beezaasan Explotech Valuations
EPS Pre IPO
₹5.12/-EPS Post IPO
₹5.93/-P/E Pre IPO
34.15P/E Post IPO
29.51ROE
25.93%ROCE
16.20%Debt/Equity
1.59RoNW
20.89%PAT Margin
2.61Price to Book Value
Beezaasan Explotech Company Financials All values are in ₹ Cr.
| 31-Mar-24 | 31-Mar-23 | 31-Mar-22 | |
|---|---|---|---|
| Assets | 68.99 | 61.63 | 42.3 |
| Revenue | 187.9 | 229.17 | 141.91 |
| Profit After Tax | 4.87 | 2.94 | 2.74 |
| Net Worth | 23.2 | 14.34 | 10.45 |
| Reserves & Surplus | 13.7 | 6.95 | 3.7 |
| Total Borrowing | 36.94 | 43.29 | 23.93 |
About The Company
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.
Beezaasan Explotech - Promoter(s)
Pre Issue Share Holding: %
Post Issue Share Holding: %
Company Promoter(s)
- Mr Navneetkumar Radheshyam Somani
- Mr Sunilkumar Radheshyam Somani
- Mr Rajan Sunilkumar Somani
- M/s. Navneet R Somani HUF
- M/s. Sunil R Somani HUF
Beezaasan Explotech IPO - Issue Objectives
- 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
- 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
- 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
- Purchase of Commercial Vehicle
- Repayment/prepayment of all or certain of the borrowings availed of by the Company
- General corporate purposes.
Other Details
Company Contact Details
Beezaasan Explotech
5th Floor, 511, Pramukh Tangent Complex, Pramukh Tangent Complex, Sargasan Cross Road, S.G. Highway, Gandhinagar, -382421Registrar Contact Details
Kfin Technologies Limited
Phone: 04067162222, 04079611000
Email: bel.ipo@kfintech.com
Beezaasan Explotech IPO - FAQs
Ans. Beezaasan Explotech Limited IPO is a SME IPO. The issue is priced at ₹165-175 per equity share. The minimum order quantity is 800 Shares. The IPO opens on Feb 21, 2025, and closes on Feb 25, 2025. Kfin Technologies Limited is the registrar for the IPO. The shares are proposed to be listed on BSE SME.
Ans. The Beezaasan Explotech Limited IPO opens on Feb 21, 2025 and closes on Feb 25, 2025.
Ans. The size of Beezaasan Explotech Limited IPO is 34,24,800 shares(aggregating up to ₹59.93 Cr).
Ans. The IPO price band is set between ₹165-175 per equity share.
Ans. To apply for Beezaasan Explotech Limited IPO IPO, follow the steps given below:
- - Open the IPO Ji App or Website
- - Find Beezaasan Explotech Limited IPO in the List of IPOs
- - Press "Apply" Button
- - Select Your Demat Account
- - Select Your Shares Quantity and Submit
- - Track Your IPO Status
Ans. The share allotment date of Beezaasan Explotech Limited IPO is Feb 27, 2025.
Ans. The Beezaasan Explotech Limited IPO will be listed on Mar 3, 2025.
Ans. Follow the steps to check the allotment status for Beezaasan Explotech Limited IPO here.
