BAJAJ BROKING

Notification
No new Notification messages
Divine Hira Jewellers IPO is Open!
Apply for the Divine Hira Jewellers IPO through UPI in just minutes.
Open a Free Demat Account
Pay ZERO maintenance charges for the first year, get free stock picks daily, and more.
Trade Now, Pay Later with up to 4x
Never miss a good trading opportunity due to low funds with our MTF feature.
Track Market Movers Instantly
Stay updated with real-time data. Get insights at your fingertips.

Beezaasan Explotech Ltd

Chemicals

Offer Period :

21st to 25th Feb 2025

Beezaasan Explotech Ltd IPO Details

IPO Date 21st to 25th Feb 2025 Minimum Investment ₹140000 / 1 Lots
Listing Date 2025-03-03 Maximum Investment ₹140000 / 1 Lots
Face Value ₹10 per share Total Issue Size ₹59.93 Crores
Price ₹175 to ₹175 per share Fresh Issue ₹59.93 Crores
Lot Size 1 Lots (800 Shares) Offer For Sale ₹ [-]
Listing At BSE-SME Retail Discount ₹ 0
Employee Discount ₹0 per Share Shareholding Pre Issue 9496333 Shares
Issue Type Book Building - SME Shareholding Post Issue 12921133 Shares
IPO Date 21st to 25th Feb 2025
Listing Date 2025-03-03
Face Value ₹10 per share
Price ₹175 to ₹175 per share
Lot Size 1 Lots (800 Shares)
Listing At BSE-SME
Total Issue Size ₹59.93 Crores
Employee Discount ₹0 per share
Issue Type Book Building - SME
Minimum Investment ₹140000 / 1 Lots
Maximum Investment ₹140000 / 1 Lots
Fresh Issue ₹59.93 Crores
Offer For Sale ₹[-] Crores
Retail Discount ₹0 Crores
Shareholding Pre Issue 9496333 Shares
Shareholding Post Issue 12921133 Shares

About Beezaasan Explotech Ltd IPO

Beezaasan Explotech Ltd is a leading manufacturer and supplier of explosives and explosive accessories, primarily used in industries such as mining, cement, and defense. Established in 2013, the company has developed a strong reputation for producing high-quality products like slurry, emulsion, and detonating explosives. With a manufacturing facility in Gujarat, the company focuses on maintaining high safety standards and quality certifications, including ISO 9001:2015 for Quality Management and ISO 14001:2015 for Environmental Management.
 

The company is now looking to expand its operations through the Beezaasan Explotech IPO, aiming to raise ₹59.93 crores to fund its growth initiatives. These include upgrading its manufacturing facilities, purchasing new machinery, and reducing its existing borrowings. The IPO represents a fresh issue of 34.25 lakh shares, and the proceeds will support the company’s long-term growth strategy while enhancing its capabilities to meet increasing demand in its core industries.

Founding Year: 2013

Managing Director: Navneetkumar Radheshyam Somani

Beezaasan Explotech Limited Timeline

Important dates for allocation and IPO listing.

21st Feb

IPO Opens

25th Feb

IPO Close

27th Feb

Allotment Date

28th Feb

Initiation of Refund

28th Feb

Credit of Shares to Demat Account

-

IPO Listing Date

Shareholder Pattern

  Pre-Issue Post-Issue
Promoter Group 96.02 70.57
Public Group 3.98 29.43

Beezaasan Explotech Ltd IPO Reservation

QIB Shares Offered 653600(19.08%)
NII (HNI) Shares Offered 488800(14.27%)
Retail Shares Offered 1138400(33.24%)
Anchor Investor Shares Offered 968000(28.26%)
Total Shares Offered 3424800
Total Shares With Anchor Investor 3424800

Beezaasan Explotech Ltd IPO Lot Size

Application Lots Shares Amount
Retail (Min) 1 800 ₹140000
Retail (Max) 1 800 ₹140000
S HNI (Min) 2 1600 ₹280000
S HNI (Max) 7 5600 ₹980000
B HNI (MIN) 8 6400 ₹1120000

Beezaasan Explotech Ltd IPO Anchor Investor Details

Bid Date 20 February 2025
Shares Offered 9,68,000
Anchor Portion Size 16.94

Beezaasan Explotech Ltd IPO Registrar

KFin Techologies Ltd
Phone Number +91 40 6716 2222
Email Id einward.ris@kfintech.com
Our Website www.kfintech.com

Beezaasan Explotech Ltd IPO Lead Manager

1. Smart Horizon Advisors Pvt Ltd

Beezaasan Explotech Ltd Financial Information

Period Ended March 31, 2024 March 31, 2023 March 31, 2022
Net Worth ₹23.8 ₹14.7 ₹11.6
Reserves and Surplus ₹14.31 ₹7.32 ₹4.85
Total Borrowing ₹33.55 ₹43.53 ₹24.19

Beezaasan Explotech Ltd IPO Subscription LIVE Status

Category No. of shares offered No. of shares bid No. of subscribed
Qualified Institutional Buyers (QIBs) 653600 7530400 11.5214
Non Institutional Investors (NIIs) 488800 2450400 5.0131
NII(Bid amount of more than Ten Lakh Rupees) 0 0 0
NII(Bid amount of more than 2 Lakh < 10 Rupees) 488800 0 0
Retail Individual Investors (RIIs) 1138400 2568800 2.2565
Total 3424800 12549600 3.6643

Strength of Beezaasan Explotech Ltd

1. One Stop Solution for Explosives Product.

2. Long Standing Relationship with key Customers & Suppliers.

3. Experienced Management team.

4. Technical manpower.

5. Continuous focus on developing novel and innovative products

6. Quality products.

Risks Involved

1. Products manufactured by the company is operated in highly regulated sector. Any failures to obtain registrations for its products or the company inability to comply with the regulations or in case of its inability to obtain, renew or maintain the statutory and regulatory licenses, permits and approvals required to operate its business it may adversely affect the company business, results of operations, cash flows and financial condition.

2. Few of the raw materials used and products manufactured by the Company are hazardous in nature. If any accidents occur involving such hazardous raw materials and products, its may be held liable for consequent damages and litigation.

3. Its Registered Office and Corporate office are not owned by the company. In the event its lose such rights, the company Business, Financial Condition and Results of Operations and Cash Flows could be adversely affected.

4. The Company had negative cash flows in the past years, details of which are given below. Sustained negative cash flow could impact its growth and business.

5. The company depends on a certain supplier for its raw materials required for the company operations and the company does not have long-term agreements with suppliers for its raw materials and an increase in the cost of, or a shortfall in the availability or quality of such raw materials could have an adverse effect on its business, financial condition and results of operations.

6. The company is highly dependent on certain key customers for a substantial portion of its revenues and the company does not have long term contracts with all of these customers. Loss of relationship with any of these customers may have a material adverse effect on its profitability and results of operations.

7. The Restated Consolidated Financial Statements have been provided by Peer Reviewed Chartered Accountants who is not Statutory Auditor of the Company.

8. Manufacturing and supply of commercial explosives are subject to strict quality requirements and any failure to comply with quality standards may lead to cancellation of existing and future orders.

9. The company also operate on a tender based business. There are several inherent risks associated with a tender-based business which could affect its profit margins thereby materially affecting the company business and results of operations.

10. The company has certain outstanding litigation against it, an adverse outcome of which may adversely affect the company business, reputation and results of operations.

Why should you invest in

-

Industry Outlook of Beezaasan Explotech IPO

 

  • Explosives Demand in Key Sectors: The demand for explosives is driven by industries such as mining, cement manufacturing, and defense. With the continued growth of infrastructure projects and the expansion of mining operations, the need for high-quality explosives is expected to rise.
  • Mining Sector Growth: India’s mining sector has seen steady growth, with government initiatives to boost mining production. As a result, the requirement for industrial explosives, such as those produced by Beezaasan Explotech, is anticipated to grow in the coming years.
  • Defense Industry Opportunities: The defense sector is another key driver for the explosives market. As defense projects increase, the demand for high-quality explosives and accessories used in defense applications is expected to grow.
  • Government Policies and Initiatives: The Indian government's focus on infrastructure development, including road construction, mining expansion, and defense modernization, is expected to support long-term growth in the explosives industry.
  • Regulatory and Environmental Standards: Compliance with stringent environmental and safety regulations is a key aspect for companies in the explosives manufacturing sector. Companies like Beezaasan Explotech, which hold ISO certifications, are well-positioned to meet these standards and gain market trust.
  • Market Expansion: With a PAN India presence and a focus on innovation, Beezaasan Explotech is well-placed to capitalize on the expanding demand in both domestic and international markets.

Beezaasan Explotech Ltd Financials

Particulars For the financial year ending (in ₹ million)
  2024 2023 2022
Total Assets 68.99 61.63 42.3
Total Liabilities 68.99 61.63 42.3
Total Expenses 181.38 224.98 138.13
Total Revenue 
187.9 229.17 141.91
Profit After Tax 4.84 2.94 2.74
EBITDA 12.11 9.11 6.73
Adjusted EBITDA 0 0 0

Beezaasan Explotech Limited IPO Contact Details

Beezaasan Explotech Ltd IPO Listing Details

Listing Date BSE Script Code NSE Symbol ISIN Final Issue Price
2025-03-03 544369 -
INE13VU01016
₹175 per share

Listing Day Trading Information

Price Details BSE NSE
Final Issue Price ₹175 ₹175
Open ₹146 ₹0
Low ₹146 ₹0
High ₹153.3 ₹0
Low ₹146 ₹0

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

Frequently Asked Questions

What is Beezaasan Explotech Ltd IPO?

Answer Field

Beezaasan Explotech Ltd IPO is a SME IPO of 34,24,800 equity shares of a face value of ₹10 aggregating up to ₹59.93 Crores. The issue is priced at ₹175 to ₹175 per share. The minimum order quantity is 800 Shares. The IPO opens on February 21, 2025, and closes on February 25, 2025. KFin Techologies Ltd is the registrar for the IPO. The shares are proposed to be listed on BSE-SME.

When Beezaasan Explotech Ltd IPO will open?

Answer Field

The Beezaasan Explotech Ltd IPO opens on February 21, 2025 and closes on February 25, 2025.

What is the lot size of Beezaasan Explotech Ltd?

Answer Field

Beezaasan Explotech Ltd lot size is 800 shares, and the minimum amount required is ₹1,40,000.

How to apply for Beezaasan Explotech Ltd IPO?

Answer Field

You can apply in Beezaasan Explotech Ltd IPO online using either UPI or ASBA as payment method. ASBA IPO application is available in the net banking of your bank account. UPI IPO application is offered by brokers who don't offer banking services. To apply for an IPO:

• Login to Bajaj Broking account App/Website & click on IPO

• Enter the number of lots and price at which you wish to apply.

• Enter your UPI ID and click on submit. With this, your bid will be placed with the exchange.

• You will receive a mandate notification to block funds in your UPI app.

• Approve the mandate request on your UPI and funds will be blocked.

When is Beezaasan Explotech Ltd IPO allotment?

Answer Field

The finalization of Basis of Allotment for Beezaasan Explotech Ltd IPO will be done on February 27, 2025, and the allotted shares will be credited to your demat account by February 28, 2025.

When is Beezaasan Explotech Ltd IPO listing date?

Answer Field

The Beezaasan Explotech Ltd listing date is March 03, 2025.

Who is the registrar of Beezaasan Explotech Ltd IPO?

Answer Field

The registrar of Beezaasan Explotech Ltd IPO is KFin Techologies Ltd

Which company is the book-running lead manager of the IPO?

Answer Field

Smart Horizon Advisors Pvt Ltd will be the book-running lead manager of this IPO.

What is the fresh issue of Beezaasan Explotech Ltd IPO?

Answer Field

The fresh issue size is ₹59.93 Crores equity shares.

What minimum lot size can retail subscribers subscribe to Beezaasan Explotech Ltd?

Answer Field

Retail investors can subscribe to a minimum of one lot, 800 shares and ₹1,40,000 amount.

How can I approve the UPI mandate request for Beezaasan Explotech Ltd IPO?

Answer Field

To apply for Beezaasan Explotech Ltd IPO, you need to log in to your demat account to complete the bidding process. Then, approve the payment mandate on your UPI app.

What is the price range of Beezaasan Explotech Ltd?

Answer Field

The price of each Beezaasan Explotech Ltd share will be ranging in between ₹175 to ₹175 per share.

What is the cut-off time for the UPI mandate for Beezaasan Explotech Ltd IPO?

Answer Field

The cut-off time for the UPI mandate confirmation is 5:00 PM, February 25, 2025.

No results found

Browse IPOs

upcoming-radio
  • IPO Name
  • Bidding Dates
  • Price range
  • IPO Size
  • Lorem Ipsum
current-radio
  • IPO Name
  • Bidding Dates
  • Price range
  • IPO Size
  • Lorem Ipsum
closed-radio
  • IPO Name
  • Bidding Dates
  • Price range
  • IPO Size
  • Lorem Ipsum
performance-radio
  • IPO Name
  • ISSUE PRICE
  • LISTING DAY CLOSE
  • LISTING DAY(GAIN/LOSS)
  • Lorem Ipsum
  • VOLER CAR LIMITEDSME IPO

  • Issue Price

    90.00

  • Listing Day Close

    91.45

  • Listing Day (Gain/Loss)

    1.11

We have something for everyone

Explore more Investment options

Stocks

Secure and enhance your financial future today

investment-card-icon

IPOs

Your gateway to future financial opportunities

investment-card-icon

MTF

Explore Buy Now Pay Later and boost your capital by up to 4x  

investment-card-icon

US Stocks

Discover opportunities to invest in elite FAANG stocks

investment-card-icon

Related Articles

Our Secure Trading Platforms

Level up your stock market experience: Download the Bajaj Broking App for effortless investing and trading

Bajaj Broking App Download

9 lakh+ Users

icon-with-text

4.3+ App Rating

icon-with-text

4 Languages

icon-with-text

₹4300+ Cr MTF Book

icon-with-text