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Beezaasan Explotech Ltd IPO

We deal in manufacturing and supplying the 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 requirement. Through the expertise of our promoters in diversified field application knowledge, we have designed products that meet the stringent requirements of varied Industries.

Beezaasan Explotech Ltd IPO Details

Total Shares Offered

₹ 34,24,800

Offer to Public

TBA

Retail Max (Shares)

₹ 11,38,400

Pre Issue Promoters Holding

₹ 91,18,580

Exchange

BSE

Issue size

₹ 59.93 Cr

IPO Open Date

Feb 21, 2025

Close Date

Feb 25, 2025

Lot Size

800

Min Investment

₹ 1,32,000

Issue Type

Book Building - SME

Listing Date

Mar 3, 2025

Beezaasan Explotech Ltd IPO Dates

Feb 21, 2025

Opening date

Feb 25, 2025

Closing date

Feb 27, 2025

Basis of Allotment

Feb 28, 2025

Initiation of Refunds

Feb 28, 2025

Credit of Shares

Mar 3, 2025

Listing date

Details

Sector	Type
Sector	Chemicals
Sub Sector	NA
Issue Type	Book Building - SME

Subscription Status

*Values are in Lakhs

Investor Type	Subscription Times	Shares Offered*	Shares Bid*
QIB	4.64x	1621600	7530400
NII	5.01x	488800	2450400
Retail	2.26x	1138400	2568800
Employee	0x	0	0
Total	3.66x	3424800	12549600

Investor Type

QIB

NII

Retail

Employee

Total

Subscription Times

4.64x

5.01x

2.26x

3.66x

1621600

488800

1138400

3424800

7530400

2450400

2568800

12549600

Beezaasan Explotech Ltd Financial Status

Income Statement

Particulars (In Rs. Crores)

Balance Sheet

Particulars (In Rs. Crores)

Particulars (in Rs. Crores)	FY23	FY22	FY21
Revenue from operations	215.00	187.85	227.92
EBITDA	21.29	10.86	7.22
PAT	12.30	5.09	3.10
Total Assets	61.21	33.30	32.91
Share Capital	12.92	9.50	7.38
Total Borrowings	31.85	37.90	37.74
Operating Activities (Net Cash)	14.72	7.19	4.63
Investing Activities (Net Cash)	-11.84	-1.60	-3.40
Financing Activities (Net Cash)	31.85	37.90	37.74
Net Cashflow	20.38	2.48	6.87

About Beezaasan Explotech Ltd

Beezaasan Explotech Limited was originally formed as Private Limited Company under the name Beezaasan Explotech Private Limited under the provisions of the Companies Act, 1956 vide Certificate of Incorporation dated August 21, 2013 issued by the Registrar of Companies, Gujarat, Dadra and Nagar Havelli. Subsequently, the status of the Company was changed to Public Limited and the name of the Company was changed to Beezaasan Explotech Limited vide Special Resolution passed by the Shareholders at the Extra Ordinary General Meeting of the Company held on May 15, 2024. The fresh certificate of incorporation consequent to conversion was issued on July 30, 2024 by the Registrar of Companies, Central Processing Centre. The Corporate Identification Number of the Company is U24111GJ2013PLC076499.

A significant volume of explosives is consumed by the construction industry and in miscellaneous applications. Metal mining has overtaken coal mining to become the largest consuming sector for industrial explosives, accounting for 38% of total consumption. Demand growth for this application is estimated at 1.7% per year during 2024-29. Metallic minerals are generally low-grade ores found only in geologically favourable areas of the world. Consequently, the consumption of explosives by this mining sector follows their geographical distribution.

Peer Comparison:

Premier Explosives Ltd
Solar Industries India Ltd

Beezaasan Explotech Ltd Key Points

Strengths

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

Risk

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.

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.

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.

Strategy

Continue to invest in our manufacturing capabilities and Storage facilities.

Improve Debt - Equity Ratio.

Increasing Operational efficiency.

Introduce Innovative techniques.

How To Apply for Beezaasan Explotech Ltd IPO Online?

Step 1:

Step 2:

From the list of open IPOs, select the IPO you want to invest.

Step 3:

Go through the IPO details like lot size, price band, about the company, etc.

Step 4:

Click ‘Apply IPO’ to apply and enter the number of lots and bidding price along with your UPI ID.

Step 5:

Confirm your bid and accept the payment mandate sent to your UPI App for completing the IPO application.

FAQs on IPO (Initial Public Offering)

What is the issue size of the Beezaasan Explotech Ltd IPO?

Beezaasan Explotech Ltd's IPO offers shares for up to 59.93 It begins on Feb 21, 2025 and ends on Feb 25, 2025.

What is the price of the Beezaasan Explotech Ltd IPO?

The price of Beezaasan Explotech Ltd IPO ranges between ₹165 to ₹175 per share.

What are the open and close dates for the Beezaasan Explotech Ltd IPO?

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

When will the Beezaasan Explotech Ltd IPO be allotted?

The allotment for the Beezaasan Explotech Ltd IPO will be finalised on Feb 27, 2025. The shares will be listed on BSE and NSE on Mar 3, 2025.

What is the minimum lot size required for Beezaasan Explotech Ltd IPO?

The minimum lot size for Beezaasan Explotech Ltd IPO is 800 shares, priced between ₹165 to ₹175 per share.

What is the GMP of Beezaasan Explotech Ltd IPO?

The GMP (Grey Market Premium) of Beezaasan Explotech Ltd IPO fluctuates based on market demand and sentiment.

How do you check the allotment status of Beezaasan Explotech Ltd IPO?

To check the allotment status of Beezaasan Explotech Ltd IPO, visit the registrar's website, select the IPO, enter your PAN Card number, Application Number, or DP Client ID, and click 'search.'

Where is the Beezaasan Explotech Ltd IPO getting listed?

The Beezaasan Explotech Ltd IPO is getting listed on the BSE and NSE. Bidding opens on Feb 21, 2025, and closes on Feb 25, 2025. The allotment is finalised on Feb 27, 2025.

How do you apply for the Beezaasan Explotech Ltd IPO?

To apply for the Beezaasan Explotech Ltd IPO, download the BlinkX app, complete KYC, select the IPO, enter bid details, and submit. Verify UPI payment for shares allotment.