Beezaasan Explotech Ltd IPO
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Beezaasan Explotech Ltd IPO Details
Details
| Total Shares Offered | Offer to Public | Retail Max (Shares) | Pre Issue Promoters Holding | Exchange | Issue size |
|---|---|---|---|---|---|
| ₹ 34.25 L | TBA | ₹ 11.38 L | ₹ 91.19 L | BSE | ₹ 59.93 Cr |
| IPO Open Date | Close Date | Lot Size | Min Investment | Issue Type | Listing Date |
| 21 Feb, 25 | 25 Feb, 25 | 800 | ₹ 1,32,000 | Book Building - SME | 03 Mar, 25 |
Beezaasan Explotech Ltd IPO Dates
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 | 0x | 1621600 | 0 |
| NII | 0x | 488800 | 1600 |
| Retail | 0.02x | 1138400 | 25600 |
| Employee | 0x | 0 | 0 |
| Total | 0.01x | 3424800 | 27200 |
Subscription Status
Investor Type
QIB
NII
Retail
Employee
Total
*Values are in Lakhs
Beezaasan Explotech Ltd Financial Status
Income Statement
Balance Sheet
| Particulars (in Rs. Crores) | FY23 | FY22 | FY21 |
|---|---|---|---|
| Revenue from operations | 186.36 | 227.92 | 140.95 |
| EBITDA | 10.86 | 7.22 | 6.51 |
| PAT | 5.09 | 3.10 | 2.94 |
| Total Assets | 33.30 | 32.91 | 23.27 |
| Share Capital | 9.50 | 7.38 | 6.75 |
| Total Borrowings | 33.00 | 37.74 | 20.12 |
| Operating Activities (Net Cash) | 7.19 | 4.63 | 4.25 |
| Investing Activities (Net Cash) | -1.60 | -3.40 | 0.00 |
| Financing Activities (Net Cash) | 33.00 | 37.74 | 20.12 |
| Net Cashflow | 2.46 | 6.87 | 0.34 |
Particulars (in Rs. Crores)
Revenue from operations
EBITDA
PAT
Total Assets
Share Capital
Total Borrowings
Operating Activities (Net Cash)
Investing Activities (Net Cash)
Financing Activities (Net Cash)
Net Cashflow
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.
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.
Peer Comparison:
- Premier Explosives Ltd
- Solar Industries India Ltd
Beezaasan Explotech Ltd IPO 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.
- 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
How To Apply for Beezaasan Explotech Ltd IPO Online?
Step 1:
Log in to the BlinkX stock market app and click ‘IPO’ in the Xplore section.
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.
