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Beezaasan Explotech IPO: Things Smart Investors Need to Know

Beezaasan Explotech IPO is a book-built issue aiming to raise ₹59.93 crores. The company, incorporated in 2013, is involved in manufacturing and supplying a comprehensive range of explosives and accessories primarily used in the cement, mining, and defense sectors. With a focus on high-quality products, Beezaasan Explotech manufactures explosives such as slurry, emulsion, and detonating explosives at its state-of-the-art facility in Gujarat. The company holds multiple certifications, ensuring its commitment to quality, environmental management, and occupational safety.

Core Business and Market Position
Beezaasan Explotech has carved a niche in the Indian market, providing innovative and high-quality explosive solutions. The company’s product portfolio includes chemical explosives and accessories, which are critical in industries like mining and cement manufacturing. Its PAN India presence and long-standing relationships with key customers position it as a significant player in the sector. For more details, check out the Beezaasan Explotech IPO.

Beezaasan Explotech IPO Details and Objectives

IPO Date

February 21, 2025 to February 25, 2025

Face Value

₹10 per share

Price Band

₹165 to ₹175 per share

Lot Size

800 Shares

Total Issue Size

₹59.93 Cr

Shares Offered

34,24,800 shares (Fresh Issue)

Purpose of the IPO
Beezaasan Explotech plans to utilize the net proceeds from the IPO for the expansion of its manufacturing unit, purchase of plant and machinery, construction of a storage facility, and repayment of borrowings. This expansion is aimed at increasing production capacity and meeting growing demand in the explosives industry.

Timeline of Beezaasan Explotech IPO

Event

Date

IPO Open Date

February 21, 2025

IPO Close Date

February 25, 2025

Allotment Date

February 27, 2025

Refund Initiation

February 28, 2025

Credit of Shares to Demat

February 28, 2025

Listing Date

March 3, 2025

Pricing & Lot Size of Beezaasan Explotech IPO

  • Price Band for the IPO: ₹165 to ₹175 per share
  • Minimum Lot Size and Application Details:
    • Retail Investors: 800 shares for ₹1,40,000
    • HNI Investors: 1,600 shares for ₹2,80,000

How to Apply for the Beezaasan Explotech IPO?

Online Application Process

  • Log in to your trading account and navigate to the IPO section.

  • Select "Beezaasan Explotech IPO" from the list of available IPOs.

  • Enter the bid price within the ₹165 to ₹175 price band and select the number of lots.

  • Complete the UPI authorization process before the cut-off time of February 25, 2025, 5 PM.

  • Check your allotment status after the IPO closes on February 25, 2025, and allotment results are finalized on February 27, 2025.

Shares Offered in Beezaasan Explotech IPO

Beezaasan Explotech will offer a total of 34,24,800 shares in the IPO, representing a fresh issue. The shares are primarily targeted at retail investors, with a reserved portion for QIBs and NII categories.

Investor Category

Shares Offered

QIB

Not more than 50%

Retail

Not less than 35%

NII (HNI)

Not less than 15%

Financial Health and Performance

Key Financial Metrics:

  • Revenue (Sept 2024): ₹101.44 Cr
  • Profit After Tax (Sept 2024): ₹8.33 Cr
  • Net Worth (Sept 2024): ₹31.12 Cr
  • Debt/Equity Ratio: 1.59

Recent Performance and Growth Prospects:

  • Strong growth in both top-line and bottom-line from FY22 to FY24.
  • Focus on expanding manufacturing capacity to capture growing demand in mining and defense industries.

Investment Risks and Opportunities

Potential Risks of Investing in the IPO:

  • Volatile demand in the explosives industry, especially in mining and cement sectors.
  • Risks related to regulatory changes in the defense sector.

Opportunities and Growth Potential:

  • Expanding operations with a focus on increasing capacity.
  • Strong domestic market presence across multiple states and union territories.

Key Performance Indicator (KPI)

KPI

Value

ROE

25.93%

ROCE

16.20%

Debt/Equity

1.59

Price to Book Value

6.05

Beezaasan Explotech IPO Registrar & Lead Managers

Lead Manager

Registrar

Smart Horizon Capital Advisors Pvt. Ltd.

Kfin Technologies Ltd.

Company Address of Beezaasan Explotech Ltd

Beezaasan Explotech Limited
5th Floor, 511, Pramukh Tangent Complex
Sargasan Cross Road, S.G. Highway, Gandhinagar - 382421
Phone: +91 6359607701
Email: investors@beezaasan.in
Website: www.beezaasan.com

Conclusion

The Beezaasan Explotech IPO offers an opportunity to invest in a company manufacturing explosives and accessories. With plans for expansion and product diversification, the company aims to enhance its capabilities in key industries. Investors should assess both the potential risks and opportunities before making an investment decision.

Interested in more opportunities? Check out our Upcoming IPO section for new listings and don’t forget to check your IPO allotment status for Beezaasan Explotech IPO. 

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Disclaimer: Investments in the securities market are subject to market risk, read all related documents carefully before investing.

This content is for educational purposes only. Securities quoted are exemplary and not recommendatory.

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Frequently Asked Questions

Who is the CEO of Beezaasan Explotech Ltd?

Answer Field

The CEO of Beezaasan Explotech Ltd is Mr. Navneetkumar Radheshyam Somani, one of the company’s promoters.

When will the Beezaasan Explotech IPO open for subscription?

Answer Field

The Beezaasan Explotech IPO will open for subscription on February 21, 2025, and close on February 25, 2025.

What is the company’s core business, and how sustainable is its business model in the long term?

Answer Field

Beezaasan Explotech’s core business involves manufacturing explosives and accessories for industries like cement, mining, and defense. The company’s long-term sustainability is supported by a well-diversified product range and a growing client base across India.

What is the issue size of the Beezaasan Explotech IPO?

Answer Field

The issue size of the Beezaasan Explotech IPO is ₹59.93 crores, consisting of 34.25 lakh fresh issue shares.

What is pre-apply for the Beezaasan Explotech IPO?

Answer Field

'Pre-apply' is a service offered to investors that allows them to submit their IPO application ahead of time, ensuring priority processing once the IPO opens.

When will I know if my Beezaasan Explotech IPO order is placed?

Answer Field

The IPO allotment for Beezaasan Explotech will be finalized by February 27, 2025.

What is the lot size and minimum order quantity of the Beezaasan Explotech IPO?

Answer Field

The minimum lot size for the Beezaasan Explotech IPO is 800 shares, with a minimum application amount of ₹1,40,000 for retail investors.

What is the allotment date for the Beezaasan Explotech IPO?

Answer Field

The allotment date for the Beezaasan Explotech IPO is expected to be February 27, 2025.

Who is the registrar of Beezaasan Explotech IPO?

Answer Field

The registrar for Beezaasan Explotech IPO is Kfin Technologies Limited.

Are there any governance issues or red flags in the company’s leadership or board structure?

Answer Field

No significant governance issues or red flags have been reported in Beezaasan Explotech’s leadership or board structure.

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