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
| IPO Open Date | 21 Feb 2025 |
| IPO Close Date | 25 Feb 2025 |
| IPO Size | 34,24,800 (Approx ₹ 59.93 Cr) |
| Fresh Issue | 34,24,800 (Approx ₹ 59.93 Cr) |
| Offer for Sale | - (Approx ₹ - Cr) |
| Lot Size | 800 Shares |
| IPO Face Value | ₹10 Per Equity Share" |
| IPO Price Band | ₹165 to ₹175 Per Every Share |
| IPO Listing On | BSE SME |
| IPO QIB Quota | 50% |
| IPO Retail Quota | 35% |
| IPO NII Quota | 15% |
| DRHP Draft | Click Here |
| Anchor Investor | Click Here |
Beezaasan Explotech IPO Market Lot Details
| Application | Lot Size | Shares | Amount |
| Retail Minimum | 1 | 800 | ₹1,40,000 |
| Retail Maximum | 1 | 800 | ₹1,40,000 |
| S-HNI Minimum | 2 | 1600 | ₹2,80,000 |
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)
| IPO Open Date | 21 Feb 2025 |
| IPO Close Date | 25 Feb 2025 |
| Basis of Allotment | 27 Feb 2025 |
| Refunds | 28 Feb 2025 |
| Credit to Demat Account | 28 Feb 2025 |
| IPO Listing Date | 03 Mar 2025 |
Beezaasan Explotech Financial Reports
| ₹ in Crores | |||
| Year | Revenue | Expense | PAT |
| June -2024 | ₹66.04 | ₹6.89 | 3.83 |
| 2024 | ₹187.90 | ₹181.38 | 4.87 |
| 2023 | ₹229.17 | ₹224.98 | 2.94 |
| 2022 | ₹141.91 | ₹138.13 | 2.74 |
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
| Company Name | Face Value | EPS | P/E Ratio | RONW | Revenue (₹ in Lakhs) | NAV Per Share |
| Beezaasan Explotech Limited | 10.00 | 6.04 | 28.97 | 20.89 | -- | 28.94 |
| Peer Group | ||||||
| Premier Explosives Limited | 2 | 5.27 | 87.63 | 12.91 | -- | 40.95 |
| Solar Industries India Limited | 2 | 92.38 | 115.62 | 26.48 | -- | 365.26 |
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: investors@beezaasan.in 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: director@shcapl.com
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: bel.ipo@kfintech.com
Website: www.kfintech.com
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