Minimum Investment
| Minimum Investment (Retail) | Lots (min) | Shares (QTY) |
| ₹1,40,000 | 1 | 800 |
About Beezaasan Explotech Limited IPO
Beezaasan Explotech Limited, established in August 2013, specializes in the manufacturing and supply of a wide range of explosives and explosive accessories, primarily for the cement, mining, and defense industries. The company focuses on high-quality cartridge explosives, including slurry, emulsion, and detonating explosives. Their manufacturing facility in Gujarat holds multiple quality certifications, ensuring compliance with international standards for quality management, environmental management, and occupational health and safety.
As of March 31, 2024, Beezaasan Explotech has established a PAN India presence, serving clients across 11 states and 2 Union territories. The company operates a highly certified manufacturing plant and employs 188 people as of September 30, 2024. Beezaasan Explotech’s product portfolio consists of chemical explosives, and the company continues to maintain a strong reputation for quality and reliability in the industry.
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Competitive Strengths:
- One-Stop Solution for Explosives Product.
- Long Standing Relationship with key Customers & Supplier.
- Experienced Management team.
- Continuous focus on developing novel and innovative products.
Beezaasan Explotech Limited IPO Details
| IPO Date | February 21, 2025 to February 25, 2025 |
| Face Value | ₹10 per share |
| Issue Price Band | ₹165 to ₹175 per share |
| Lot Size | 800 Shares |
| Total Issue Size | 34,24,800 shares (aggregating up to ₹59.93 Cr) |
| Fresh Issue | 34,24,800 shares (aggregating up to ₹59.93 Cr) |
| Issue Type | Book Built Issue IPO |
| Listing At | BSE SME |
| Share Holding Pre Issue | 94,96,333 shares |
| Share Holding Post Issue | 1,29,21,133 shares |
| Market Maker Portion | 1,76,000 shares |
| IPO Open Date | Fri, Feb 21, 2025 |
| IPO Close Date | Tue, Feb 25, 2025 |
| Tentative Allotment | Thu, Feb 27, 2025 |
| Initiation of Refunds | Fri, Feb 28, 2025 |
| Credit of Shares to Demat | Fri, Feb 28, 2025 |
| Tentative Listing Date | Mon, Mar 3, 2025 |
| Cut-off time for UPI mandate confirmation | 5 PM on February 25, 2025 |
Beezaasan Explotech Limited IPO Prospectus
Beezaasan Explotech Limited Financial Snapshot (in Crore)
| Period Ended | 30 Sep 2024 | 31 Mar 2024 | 31 Mar 2023 | 31 Mar 2022 |
| Assets | 82.09 | 68.99 | 61.63 | 42.3 |
| Revenue | 101.44 | 187.9 | 229.17 | 141.91 |
| Profit After Tax | 8.33 | 4.87 | 2.94 | 2.74 |
| Net Worth | 31.12 | 23.2 | 14.34 | 10.45 |
| Reserves and Surplus | 21.63 | 13.7 | 6.95 | 3.7 |
| Total Borrowing | 39.66 | 36.94 | 43.29 | 23.93 |
Beezaasan Explotech Limited Promoters Holding
Mr Navneetkumar Radheshyam Somani, Mr Sunilkumar Radheshyam Somani, and Mr Rajan Sunilkumar Somani, M/s. Navneet R Somani HUF and M/s. Sunil R Somani HUF
Beezaasan Explotech Limited Contact Details
Beezaasan Explotech Limited
5th Floor, 511, Pramukh Tangent Complex
Pramukh Tangent Complex, Sargasan Cross Road
S.G. Highway, Gandhinagar, -382421
Phone: +91 6359607701
Email: investors@beezaasan.in
Website: http://www.beezaasan.com/