Who is the CEO of Beezaasan Explotech Ltd?
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The CEO of Beezaasan Explotech Ltd is Mr. Navneetkumar Radheshyam Somani, one of the company’s promoters.
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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.
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.
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 |
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.
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% |
Key Financial Metrics:
Recent Performance and Growth Prospects:
Potential Risks of Investing in the IPO:
Opportunities and Growth Potential:
KPI | Value |
ROE | 25.93% |
ROCE | 16.20% |
Debt/Equity | 1.59 |
Price to Book Value | 6.05 |
Lead Manager | Registrar |
Smart Horizon Capital Advisors Pvt. Ltd. | Kfin Technologies 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
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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This content is for educational purposes only. Securities quoted are exemplary and not recommendatory.
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The CEO of Beezaasan Explotech Ltd is Mr. Navneetkumar Radheshyam Somani, one of the company’s promoters.
The Beezaasan Explotech IPO will open for subscription on February 21, 2025, and close on February 25, 2025.
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.
The issue size of the Beezaasan Explotech IPO is ₹59.93 crores, consisting of 34.25 lakh fresh issue shares.
'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.
The IPO allotment for Beezaasan Explotech will be finalized by February 27, 2025.
The minimum lot size for the Beezaasan Explotech IPO is 800 shares, with a minimum application amount of ₹1,40,000 for retail investors.
The allotment date for the Beezaasan Explotech IPO is expected to be February 27, 2025.
The registrar for Beezaasan Explotech IPO is Kfin Technologies Limited.
No significant governance issues or red flags have been reported in Beezaasan Explotech’s leadership or board structure.
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