Beezaasan Explotech IPO

5.23x

subscribed

Beezaasan Explotech IPO

Mining & Minerals
closed
₹1.32LMin. investment
  1. Pre-apply
    19 Feb
  2. Bid start
    21 Feb
  3. Bid end
    25 Feb
  4. Allotment
    27 Feb
  5. Release of funds
    28 Feb
  6. Demat transfer
    28 Feb
  7. Listing
    3 Mar

About Beezaasan Explotech Limited

SectorMining & Minerals
Price range₹165 – ₹175
IPO type
SME
Lot size800 shares
Issue size₹59Cr
Red Herring Prospectus
Read

Market Cap

₹226.12CrLower than sector avg

Revenue

Apr 2023 - Mar 2024
₹186.35CrLower than sector avg

Growth rate

3Y CAGR
9.76%

Checklist

Quality analysis

Revenue growth
Company valuation
Earnings expansion

Risk analysis

Debt to Equity ratio
Promoter holdings
Shares pledged
The investment checklist helps you understand a company's financial health at a glance and identify quality investment opportunities easily

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Revenue

Higher revenue means strong sales and good market demand
This IPO
₹186.35Cr
This sector
₹6,705.27Cr
Compare with companies

PAT

Higher PAT means strong profitability and efficient cost management
This IPO
₹4.86Cr
This sector
₹1,809.72Cr
Compare with companies

Market cap

Higher market cap means strong confidence but may suggest overvaluation
This IPO
₹226.12Cr
This sector
₹19,535.8Cr
Compare with companies

P/E ratio

Lower ratio usually means stock is undervalued
This IPO
28.97
This sector
57.03
Compare with companies

D/E ratio

Lower ratio usually means fewer liabilities
This IPO
1.59
This sector
0.30
Compare with companies
Objectives
Purchase of plant and machineries
38.44%
Repayment or prepayment of borrowings
30.03%
Expansion of existing manufacturing unit
6.45%
Expansion of additional storage facility
3.37%
Purchase of commercial vehicle
2.40%

About Beezaasan Explotech IPO

Beezaasan Explotech Limited, founded in 2013, specializes in manufacturing explosives and accessories, including slurry and emulsion explosives, and detonating fuses. Serving industries like cement, mining, and defense, the company is known for high-quality products and adherence to safety standards. Operating state-of-the-art facilities in Gujarat, Beezaasan is licensed for large-scale production and follows strict safety protocols. With a focus on quality, safety, and raw material management, the company is a trusted supplier, poised for continued growth.

IPO Subscription Status
Date
QIB
NII
Retail
Total
21-Feb-25
0.61 times (X)
0.08 times (X)
0.33 times (X)
0.36 times (X)
24-Feb-25
1.56X
0.18X
0.71X
0.84X
25-Feb-25 (Today)
11.52X
4.45X
1.96X
5.23X

Latest News on IPO

news logo
Explosives and explosives accessories maker Beezaasan Explotech has decided to launch its initial public offering on February 21, with a price band at Rs 165-175 per share, aiming to raise Rs 59.93 crore for expansion and debt repayment, with shares to be listed on the BSE SME on March 3.. This would be the second SME IPO hitting Dalal Street next week along with HP Telecom India.
news logo
Beezaasan Explotech IPO consists exclusively of a fresh issue of 34.24 lakh equity shares, aggregating to an amount of ₹59.93 crore. The company has fixed the price band at ₹165 to ₹175 per share for the IPO.

4 min read

news logo
Beezaasan Explotech IPO was a 100% book-built issue comprising a fresh issuance of 34.24 lakh equity shares, aggregating to ₹59.93 crore. The price band for the IPO was fixed at ₹165 to ₹175 per share. Beezaasan Explotech shares are scheduled to be listed on the BSE SME platform on March 3.

5 min read

Frequently asked questions

How to invest in the IPO?

Investors can apply for the IPO through their Demat account via the stock exchange or through their broker.

What is the issue size of Beezaasan Explotech IPO ?

The issue size of the Beezaasan Explotech IPO is 59 Cr.

What is 'pre-apply' for Beezaasan Explotech IPO ?

Pre-applying for an IPO allows you to submit your application before the official subscription period begins.

Which exchanges will Beezaasan Explotech IPO shares list on?

The IPO shares will typically list on major stock exchanges such as the National Stock Exchange (NSE) and Bombay Stock Exchange (BSE), as specified in the IPO prospectus.
Application closed