Beezaasan Explotech IPO
Beezaasan Explotech is a BSE SME IPO listed on the BSE SME platform, priced at ₹165–₹175 per share. The stock debuted at ₹146. The IPO had a lot size of ₹800 shares and a minimum investment of ₹1,40,000.
Beezaasan Explotech Limited IPO
- IPO Dates
- Feb 21, 2025 – Feb 25, 2025
- Price band
- ₹165-175 per equity share
- Minimum Investment
- ₹1,40,000
- Issue size
- ₹59.93 Cr
- Lot size
- 800
- Allotment Date
- Feb 27, 2025
- Listing
- Mar 3, 2025
- Listing At
- BSE SME
IPO timeline
-
Feb 21, 2025
Open Date
Completed
-
Feb 25, 2025
Close Date
Completed
-
Feb 27, 2025
Allotment Date
Completed
-
Mar 3, 2025
Listing Date
Completed
Beezaasan Explotech IPO Essentials
Beezaasan Explotech IPO Details
Beezaasan Explotech IPO is priced at ₹165-175 per share with a total issue size of 59.93 crore. The IPO has a lot size of 800 shares and is listed on BSE SME.
- Issue price
- ₹165-175 per equity share
- Lot size
- 800 shares
- Face value
- ₹10 Per Equity Share
- Issue size
- 34,24,800 shares(aggregating up to ₹59.93 Cr)
- Total issue size
- 34,24,800 shares
(aggregating up to ₹59.93 crore) - Fresh issue
- 34,24,800 shares
(aggregating up to ₹59.93 crore) - Listing at
- BSE SME
- List price
- 146.0
- Listing date
- Registrar
- Kfin Technologies Limited
- Lead manager
-
Smart Horizon Capital Advisors Private Limited
Market Lot Size
Investors can bid for a minimum of 800 shares and in multiples thereof. The following table depicts the minimum and maximum investment by Retail Investors and HNI in terms of shares and amount.
| Application | Lots | Shares | Amount |
|---|---|---|---|
| Retail (min) | 1 | 800 | ₹1,40,000 |
| Retail(max) | 1 | 800 | ₹1,40,000 |
| NII (min) | 2 | 1,600 | ₹2,80,000 |
Beezaasan Explotech IPO Reservation
Beezaasan Explotech IPO reservation details show category-wise allocation of shares. Out of the total 34,24,800 shares, approximately 19.08% are reserved for QIB, 14.27% for NII, 33.24% for retail investors, 5.14% for market maker, and 28.26% for anchor investors.
| Investor Category | Shares Offered | Maximum Allottees |
|---|---|---|
| Anchor Investor Shares Offered | 9,68,000 (28.26%) | |
| Market Maker Shares Offered | 1,76,000 (5.14%) | |
| QIB Shares Offered | 6,53,600 (19.08%) | |
| NII (HNI) Shares Offered | 4,88,800 (14.27%) | |
| Retail Shares Offered | 11,38,400 (33.24%) | |
| Total Shares Offered | 34,24,800 (100%) |
Beezaasan Explotech IPO Analytics
Beezaasan Explotech IPO category-wise subscription trends show day-wise participation across QIB, NII, and retail investors.
Beezaasan Explotech IPO Subscription Status
Beezaasan Explotech IPO subscription status shows demand across retail, NII, and QIB categories, helping investors understand overall participation trends.
The IPO subscription status indicates investor demand across categories.
| As on | QIB / NII | Retail | Total |
|---|---|---|---|
| Shares Offered / Reserved | 6,53,600 / 4,88,800 | 11,38,400 | 22,80,800 |
|
Day 1
21-02-25 06:00 PM
|
(0.61 / 0.44) x | 0.33 x | 0.43 x |
|
Day 2
24-02-25 06:00 PM
|
(1.56 / 0.18) x | 0.71 x | 0.84 x |
|
Day 3
25-02-25 06:00 PM
|
(11.52 / 4.65) x | 2.26 x | 5.43 x |
Beezaasan Explotech Valuations
Earnings
- EPS Pre IPO
- ₹5.12/-
- EPS Post IPO
- ₹12.89/-
- P/E Pre IPO
- 34.15
- P/E Post IPO
- 13.57
Returns
- ROE
- 25.93%
- ROCE
- 16.20%
- RoNW
- 20.89%
- PAT Margin
- 2.61
Fundamentals
- Debt / Equity
- 1.59
Beezaasan Explotech Financials( In Crs.)
| 31-Mar-24 | 31-Mar-23 | 31-Mar-22 | |
|---|---|---|---|
| Assets | 68.99 | 61.63 | 42.3 |
| Revenue | 187.9 | 229.17 | 141.91 |
| Profit After Tax | 4.87 | 2.94 | 2.74 |
| Net Worth | 23.2 | 14.34 | 10.45 |
| Reserves & Surplus | 13.7 | 6.95 | 3.7 |
| Total Borrowing | 36.94 | 43.29 | 23.93 |
Beezaasan Explotech Company & Offer Insights
About Beezaasan Explotech
Beezaasan Explotech Limited incorporated in August 2013 manufactures and supplies a comprehensive range of explosives and explosive accessories. It primarily produces cartridge explosives, including slurry, emulsion, and detonating explosives.
The company is primarily involved in the manufacturing of explosives and explosives accessories used in the cement, mining, and defence industries.
The company focuses on producing high-quality cartridge explosives, which include slurry explosives, emulsion explosives, and detonating explosives.
The company's manufacturing facility is situated in Gujrat. The company's explosive manufacturing units hold multiple quality certifications, including ISO 9001:2015 for Quality Management Systems, ISO 14001:2015 for Environmental Management, and ISO 45001:2018 for Occupational Health and Safety Management.
The company's product portfolio consists of chemical explosives.
As of 31 March 2024, the company has a PAN India presence, with the client base spanning 11 states and 2 Union territories for its domestic market.
As of September 30, 2024, the company employed 188 people at its Manufacturing Plant, corporate office, and Registered Office.
Beezaasan Explotech Promoter(s)
Mr Navneetkumar Radheshyam Somani, Mr Sunilkumar Radheshyam Somani, Mr Rajan Sunilkumar Somani, M/s. Navneet R Somani HUF, M/s. Sunil R Somani HUF are the company's promoters of Beezaasan Explotech.
Beezaasan Explotech IPO Issue Objectives
- •
- Funding the Capital expenditure towards civil construction required for the Expansion of the existing manufacturing unit for the Emulsion Explosive-3 Plant, Emulsion Bulk Explosive Plant and Detonating Fuse Plant at the existing Manufacturing facility situated at Bhanthala, Mahisagar, Gujarat
- •
- Funding of Capital expenditure towards the purchase of Plant and machinery for Expansion of existing manufacturing unit for the Emulsion Explosive-3 Plant, Emulsion Bulk Explosive Plant and Detonating Fuse Plant at the existing Manufacturing facility situated at Bhanthala, Mahisagar, Gujarat
- •
- Funding of capital expenditure towards civil construction is required for the expansion of an additional magazine (Storage) facility for the emulsion cartridge explosives and detonating fuse at the existing location situated at Felsani, Gujarat
- •
- Purchase of Commercial Vehicle
- •
- Repayment/prepayment of all or certain of the borrowings availed of by the Company
- •
- General corporate purposes.
Beezaasan Explotech IPO - Peers Comparison
| Company Name | EPS (Basic) | EPS (Diluted) | NAV (per share) (Rs) | P/E (x) | RoNW (%) | P/BV Ratio | Financial statements |
|---|---|---|---|---|---|---|---|
| Beezaasan Explotech Limited | 6.04 | 6.04 | 28.94 | 34.15 | 20.89 | 6.25 | Consolidated |
| Premier Explosives Ltd. | 5.27 | 5.27 | 40.95 | 73.57 | 12.91 | 37.95 | Consolidated |
| Solar Industries India Ltd. | 92.38 | 92.38 | 365.26 | 95.43 | 26.48 | 24.07 | Consolidated |
Notes:
- The figures for the company are based on Restated Consolidated Financial Statements for the year ended March 31, 2024, after considering the bonus issue.
- The P/E Ratio has been computed based on their respective closing market price on November 29, 2024, as divided by the Basic EPS as on March 31, 2024.
- Restated Profit for the year attributable to equity shareholders divided by Net Worth of our Company.
- Net asset value per equity share is calculated as net worth at the end of the relevant year divided by the weighted average number of equity shares outstanding at the end of the year.
Contact Information
Contact Details
Beezaasan Explotech
+91 6359607701
5th Floor, 511, Pramukh Tangent Complex, Pramukh Tangent Complex, Sargasan Cross Road, S.G. Highway, Gandhinagar, -382421
Registrar Contact Details
Kfin Technologies Limited
04067162222, 04079611000
Frequently Asked Questions
Click any question to reveal the answer
Beezaasan Explotech IPO is a book-built IPO worth ₹59.93 crore. The price band is ₹165–₹175 per share. The IPO opens on Feb 21, 2025 and closes on Feb 25, 2025. It will be listed on BSE SME Platform. Kfin Technologies Limited is the registrar.
The price band of Beezaasan Explotech IPO is ₹165 to ₹175 per share.
The lot size of Beezaasan Explotech IPO is 800 shares.
The minimum investment for Beezaasan Explotech IPO is approximately ₹1,40,000 based on the upper price band .
Beezaasan Explotech IPO opens on Feb 21, 2025 and closes on Feb 25, 2025.
The allotment date of Beezaasan Explotech IPO is Feb 27, 2025.
Beezaasan Explotech IPO is expected to be listed on Mar 3, 2025, on BSE SME Platform.
Beezaasan Explotech IPO valuation snapshot: P/E 13.57, EPS ₹12.89/-, P/B N/A, RoNW 20.89%, and market cap N/A.
To apply for Beezaasan Explotech IPO, open the IPO Ji app or website, select the IPO, choose your demat account, enter the quantity, and submit the application.
You can check the live subscription status of Beezaasan Explotech IPO on IPO Ji or stock exchange websites. It shows real-time demand across retail, NII, and QIB categories.
Pre-apply allows investors to submit their IPO application before the bidding period starts. The order is placed automatically when the IPO opens.
If you pre-apply for Beezaasan Explotech IPO, your order will be placed when the IPO bidding starts, and a UPI mandate request will be generated.
You can check Beezaasan Explotech IPO allotment status on the registrar or stock exchange websites using your PAN or application number after allotment. You can also check the Beezaasan Explotech IPO allotment status on IPO Ji for quick and easy access.