Beezaasan Explotech IPO GMP; Beezaasan Explotech IPO is a book built issue of Rs 59.93 crores. The issue is entirely a fresh issue of 34.25 lakh shares.
Beezaasan Explotech IPO opens for subscription on February 21, 2025 and closes on February 25, 2025. The allotment for the Beezaasan Explotech IPO is expected to be finalized on Thursday, February 27, 2025. Beezaasan Explotech IPO will be list on BSE SME with a tentative listing date fixed as Monday, March 3, 2025.
Beezaasan Explotech IPO price band is set at ₹165 to ₹175 per share. The minimum lot size for an application is 800. The minimum amount of investment required by retail investors is ₹1,32,000. But it is suggested to the investor to bid at the cutoff price to avoid the oversubscription senerio, which is about to ₹1,40,000.The minimum lot size investment for HNI is 2 lots (1,600 shares) amounting to ₹2,80,000.
Smart Horizon Capital Advisors Private Limited is the book-running lead manager of the Beezaasan Explotech IPO, while Kfin Technologies Limited is the registrar for the issue.The market maker for Beezaasan Explotech IPO is Rikhav Securities Limited.
Stay tuned with IPO Wheel to get more details about Beezaasan Explotech IPO Date, Price, GMP Review Details including business overview, financial performance, live subscription status, allotment details, daily grey market premium (GMP), listing date, and listing price.
Beezaasan Explotech IPO Overview
| Company Name | Beezaasan Explotech Ltd |
| IPO Date | February 21, 2025, to February 25, 2025 |
| Listing Date | March 3, 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 (₹59.93 Cr) |
| Fresh Issue | 34,24,800 shares (₹59.93 Cr) |
| Offer for Sale (OFS) | Not Applicable |
| 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 |
| Market Maker | Rikhav Securities Limited |
Beezaasan Explotech IPO GMP (Grey Market Premium) Trend Live Rates
| Date | IPO GMP (₹) | GMP Trend | Kostak (₹) | Subject to (₹) |
|---|---|---|---|---|
| 15 February | ₹- | – | ₹- | ₹- |
| 14 February | ₹- | – | ₹- | ₹- |
| 13 February | ₹- | – | ₹- | ₹- |
Beezaasan Explotech IPO Lot Size & Investment Details
| Application Type | Lots | Shares | Amount (₹) |
|---|---|---|---|
| Retail (Min) | 1 | 800 | ₹1,40,000 |
| Retail (Max) | 1 | 800 | ₹1,40,000 |
| HNI (Min) | 2 | 1,600 | ₹2,80,000 |
- Retail Investors can apply for only one lot (800 shares).
- HNI Investors must bid for at least two lots (1,600 shares) or more.
- The investment amount is calculated based on the upper price band (₹175 per share).
Beezaasan Explotech IPO Financial Information (Restated) (₹ in Crores)
| 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 (PAT) | 8.33 | 4.87 | 2.94 | 2.74 |
| Net Worth | 31.12 | 23.2 | 14.34 | 10.45 |
| Reserves & Surplus | 21.63 | 13.7 | 6.95 | 3.7 |
| Total Borrowing | 39.66 | 36.94 | 43.29 | 23.93 |
- Strong Revenue Base: The company reported ₹101.44 Cr revenue (Sep 2024) but had a declining trend compared to ₹229.17 Cr (FY23).
- Profit Growth: PAT increased to ₹8.33 Cr (Sep 2024) from ₹4.87 Cr (FY24), showing improved profitability.
- Net Worth Expansion: The company’s net worth grew significantly to ₹31.12 Cr (Sep 2024) from ₹10.45 Cr (FY22).
- High Debt Levels: Total borrowings remain high at ₹39.66 Cr, indicating dependency on external funding.
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About Beezaasan Explotech Limited Company
Beezaasan Explotech Limited is engaged in the manufacturing and supply of explosives and explosive accessories including slurry explosives, emulsion explosives, and detonating fuse. The company’s products cater to industries such as cement, mining and defence, and organisations like the Border Roads Organisation, and public sector undertakings. Beezaasan Explotach has four manufacturing facilities in Mahisagar District, Gujarat. The company also maintains a storage magazine in Falsani, Gujarat.
- Founded in – 2013
- Managing Director – Mr. Navneetkumar Radheshyam Somani
What is the issue size of Beezaasan Explotech IPO?
The issue size of the Beezaasan Explotech IPO is 599300000.00.
What is the allotment date for the Beezaasan Explotech Limited IPO?
Beezaasan Explotech Limited IPO allotment date is 27 Feb ’25. For Beezaasan Explotech Limited IPO allotment status check, you can visit the website of the registrar of the IPO.
Who is the registrar of Beezaasan Explotech Limited IPO?
For Beezaasan Explotech Limited, the IPO registrar is KFin Techologies Ltd. You can check Beezaasan Explotech Limited IPO allotment status on the website of the registrar.
Where is the Beezaasan Explotech IPO getting listed?
The shares are proposed to be listed on the BSE-SME.
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