Beezaasan Explotech IPO GMP, Review, Price, Date, Allotment, Details

Beezaasan Explotech GMP : Beezaasan Explotech IPO GMP is Open on 21 February 2025 and Close on 25 February 2025. Beezaasan Explotech IPO Upto 34,24,800 shares (Approx ₹ 59.93 Cr) via IPO. The Fresh issue of Upto 34,24,800 shares (Approx ₹ 59.93 shares  and The Offer For Sale Upto – shares (Approx ₹- Cr).

OUR BUSINESS

Our company was originally formed as Private Limited Company under the name “Beezaasan Explotech Private Limited August 21, 2013 We deal in manufacturing and supplying a wide array of Explosives and Explosive accessories covering mainly cartridge explosives which includes Slurry Explosives, Emulsion Explosives and Detonating Fuse.

Our Products are manufactured using mixture of nitrate, catering to diverse requirements.

we have designed products that meet the stringent requirements of varied Industries which includes cement industry, mining industry and defence industry.

we also supply to Border Roads Organization and Public Sector Undertakings as well.

We have our manufacturing units with the technologically equipped Quality Assurance Systems which ensures high standard of inputs and outgoing products.

Our Hero Products Products :

• Slurry Explosives
• Emulsion Explosives
• Detonating Fuse
• Cast Boosters

Beezaasan Explotech IPO Date & Price Band Details

Beezaasan Explotech IPO Market Lot Details

Object Of Offer

• Funding the Capital expenditure towards civil construction required for Expansion of existing manufacturing unit for 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 purchase of Plant and Machineries for Expansion of existing manufacturing unit for 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 required for Expansion of additional magazine (Storage) facility required for 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 our borrowings availed of by our Company.
• General corporate purposes.

Beezaasan Explotech IPO Allotment & Listings (Details)

Beezaasan Explotech Financial Reports

Qualitative Factors

• One Stop Solution for Explosives Product.
• Long Standing Relationship with key Customers & Suppliers.
• Experienced Management team.
• Technical manpower.
• Continuous focus on developing novel and innovative products.
• Quality products.

 Comparison of accounting ratios with listed industry peers

Our Company Promoter

• Mr. Navneetkumar Radheshyam Somani
• Mr. Sunilkumar Radheshyam Somani
• Mr. Rajan Sunilkumar Somani
• M/s. Navneet R Somani HUF
• M/s. Sunil R. Somani HUF

Comparison of accounting ratios with Listed Industry Peers

• Premier Explosives Limited .
• Solar Industries India Limited.

Our Company Beezaasan Explotech Contact Details

Corporate Office: Opposite LIC Office,
Palace Road Himatnagar Dist: Sabarkantha, Himatnagar, Gujarat, India, 383001
Tel: +91 6359607701 E-mail: [email protected] Website: www.beezaasan.com

Beezaasan Explotech Offer Lead Manager

Smart Horizon Capital Advisors Private Limited
(Formerly Known as Shreni Capital Advisors Private Ltd)
B/908, Western Edge II, Kanakia Space, Behind Metro Mall, off Western Express Highway,
Magathane, Borivali East, Mumbai – 400066, Maharashtra, India.
Telephone: 022 – 2089 7022
E-mail: [email protected]
Website: www.shcapl.com

Beezaasan Explotech Offer Registrar

KFIN TECHNOLOGIES LIMITED
Selenium Tower-B Plot No.31 & 32 Gachibowli,
Financial District, Nanakramguda Serilingampally,
Hyderabad 500032 Telangana, India
Tel: +91 40 6716 2222
Email: [email protected]
Website: www.kfintech.com