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Beezaasan Explotech Ltd

Beezaasan Explotech Ltd

BSE SME · SME IPO
Listed BSE SME SME Live Chart
Issue Price
₹175
₹175
GMP (Grey Market)
NIL
Unofficial data only
Est. Listing Price
₹175
Based on GMP
Min. Investment
₹140,000
1 lot × 800 shares
Subscribed
1.00x
Over-subscribed
IPO Details
Open Date
21 Feb 2025
Close Date
25 Feb 2025
Allotment
27 Feb 2025
Listing Date
03 Mar 2025
Exchange
BSE SME
Price Band
₹175
Listing Price
See chart
Allotment Status
Price Band
₹175
Per share
Face Value
₹10 per share
 
Lot Size
800 Shares
per lot
Issue Size
34,24,800 shares (aggregating up to ₹59.93 Cr)
Total offering
Issue Type
Bookbuilding IPO
 
Min Investment
₹140,000
1 lot
Pre-IPO Holding
94,96,333 shares
Promoters
Post-IPO Holding
1,29,21,133 shares
Promoters
P/E (Pre)
34.15x
 
P/E (Post)
13.57x
 
EPS (Pre)
₹5.12
 
EPS (Post)
₹12.89
 
UPI Deadline
2025-02-25
Mandate
Anchor AllotmentThu, 20 Feb 2025
Basis of AllotmentThu, 27 Feb 2025
Refund InitiationFri, 28 Feb 2025
Demat CreditFri, 28 Feb 2025
Listing DayMon, 03 Mar 2025
UPI Mandate Deadline2025-02-25
Sale TypeFresh Capital
Net Offer to Public32,48,800 shares (aggregating up to ₹56.85 Cr)
Market Maker Quota1,76,000 shares (aggregating up to ₹3.08 Cr)
QIB Quota50% of Net Issue
HNI / NII Quota15% of Net Issue
Retail Quota35% of Net Issue
Check AllotmentClick here →
Subscription Rate Final
Beezaasan Explotech Ltd IPO subscribed 1.00 times overall. Retail: 1.00x. QIB: 1.00x. NII: 1.00x. By 25 Feb 2025.
QIB
1.00x
Over
NII/HNI
1.00x
Over
Retail
1.00x
Over
Total
1.00x
Over
Category Subscription Shares Offered % of Total Amount (₹Cr)
Market Maker
Awaited
176,000
₹3.08
QIB
Over 1.00x
NII / HNI
Over 1.00x
Retail
Over 1.00x
Total 1.00x
3,424,800
100% ₹59.93
IPO Shares Offered
Beezaasan Explotech Ltd IPO total issue size: ₹59.93 Cr.
CategoryShares OfferedAmount (₹Cr)Size (%)
Market Maker 176,000 ₹3.08
5.14%
Total 3,424,800 ₹59.93
100.00%
* Based on upper price band ₹175 per share
Lot Size & Investment
Lot Size
800
Shares per Lot
Issue Price
₹175.00
Upper Band
Min Investment
₹140,000
1 Lot
ApplicationLotsSharesAmount
Retail (Min — 2 Lots)21,600₹280,000
Retail (Max — 13 Lots)1310,400₹1,820,000
S-HNI (Min — 14 Lots)1411,200₹1,960,000
B-HNI (Min — 68 Lots)6854,400₹9,520,000
* Issue Price ₹175 × Lot Size 800 shares
IPO Schedule
Anchor
20 Feb 2025
✓ Done
IPO Open
21 Feb 2025
✓ Done
IPO Close
25 Feb 2025
✓ Done
Allotment
27 Feb 2025
✓ Done
Refunds
28 Feb 2025
✓ Done
Demat Credit
28 Feb 2025
✓ Done
Listing Day
03 Mar 2025
✓ Done
Beezaasan Explotech Ltd — Live Price LIVE
₹175.00
INR · BSE
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Issue ₹175.00 Live Price
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 StrengthOne-Stop Solution for Explosives Product.Long Standing Relationship with key Customers & Supplier.Experienced Management team.Continuous focus on developing novel and innovative products.
Objects of the Issue
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.
Beezaasan Explotech Ltd Financials (Amount in ₹ Crore)
Revenue from Operations
₹229.2
31 Mar 2023
₹187.9
31 Mar 2024
₹101.4
30 Sep 2024
Profit After Tax (PAT)
₹2.9
31 Mar 2023
₹4.9
31 Mar 2024
₹8.3
30 Sep 2024
Particulars30 Sep 202431 Mar 202431 Mar 2023
Revenue from Operations 101.44 187.90 229.17
EBITDA N/A N/A N/A
Profit After Tax (PAT) 8.33 4.87 2.94
Net Worth 31.12 23.20 14.34
Total Assets 82.09 68.99 61.63
Reserves & Surplus 21.63 13.70 6.95
Borrowings 39.66 36.94 43.29
EBITDA Margin (%) N/A
PAT Margin (%) 2.61%
P/BV Ratio
6.05
RoE
25.93%
RoCE
16.20%
RoNW
20.89%
PAT Margin
2.61%
Debt/Equity
1.59
Issue Structure & Shareholding
Total Shares Offered34,24,800 (100.00%)
Net Offer to Public32,48,800 shares (aggregating up to ₹56.85 Cr)
Reserved for Market Maker1,76,000 shares (aggregating up to ₹3.08 Cr)
Pre-Issue Promoter Holding94,96,333 shares
Post-Issue Promoter Holding1,29,21,133 shares
P/BV Ratio6.05
RoE25.93%
RoCE16.20%
Debt / Equity1.59
Script CodeN/A
Registrar & Lead Managers
Book Running Lead Managers
Smart Horizon Capital Advisors Pvt.Ltd
GMP Disclaimer: Grey Market Premium data is unofficial and unregulated. It does not guarantee actual listing price.
IPO Subscription FAQs
How much Beezaasan Explotech Ltd IPO subscribed?

Beezaasan Explotech Ltd IPO is subscribed 1.00 times by Feb 25, 2025. Retail: 1.00x. QIB: 1.00x. NII: 1.00x.

Investor CategorySubscription
Qualified Institutional (QIB)1.00x
Non Institutional (NII/HNI)1.00x
Retail Individual1.00x
Total Subscription1.00x
What is Beezaasan Explotech Ltd IPO retail subscription status?

The Beezaasan Explotech Ltd IPO retail category is subscribed 1.00 times as of 25 Feb 2025. The retail portion is oversubscribed.

How to subscribe Beezaasan Explotech Ltd IPO?

Subscribe via your broker app using ASBA or UPI. Opens 21 Feb 2025 and closes 25 Feb 2025. Min investment: ₹140,000 (1 lot = 800 shares). UPI mandate: 2025-02-25.

How many times Beezaasan Explotech Ltd IPO subscribed?

The Beezaasan Explotech Ltd IPO subscribed 1.00x overall. QIB: 1.00x, NII: 1.00x, Retail: 1.00x. Applications: from NSE/BSE.

How to check Beezaasan Explotech Ltd IPO allotment?

Check allotment on the registrar website (Kfin Technologies Ltd) at https://ipostatus.kfintech.com/. Enter your PAN, application number or DP/Client ID. Allotment date: 27 Feb 2025. Refunds: on 28 Feb 2025.

When Beezaasan Explotech Ltd IPO will be listed?

The Beezaasan Explotech Ltd IPO listing date is 03 Mar 2025, Monday. Listed on: BSE SME. Issue price: ₹175. Estimated listing: ₹175. GMP: NIL.

When Beezaasan Explotech Ltd IPO close?

The Beezaasan Explotech Ltd IPO closes on 25 Feb 2025, Tuesday. UPI mandate: 2025-02-25. Allotment: 27 Feb 2025. Listing: 03 Mar 2025.