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Beezaasan Explotech IPO
5.23xsubscribed

Beezaasan Explotech IPO

Mining & Minerals
listed
₹1.32LMin. investment

Beezaasan Explotech Limited IPO Details

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
RevenueApr 2023 - Mar 2024
₹186.35CrLower than sector avg
Growth rate3Y CAGR
9.76%

Beezaasan Explotech 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
11.52X
4.45X
1.96X
5.23X

As on 21-Feb-25, 5:30 PM

Beezaasan Explotech IPO Timeline

  1. Pre-apply
    19 Feb 2025
  2. Bid start
    21 Feb 2025
  3. Bid end
    25 Feb 2025
  4. Allotment
    27 Feb 2025
  5. Release of funds
    28 Feb 2025
  6. Demat transfer
    28 Feb 2025
  7. Listing
    3 Mar 2025

About Beezaasan Explotech Limited

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.

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

Objectives of Beezaasan Explotech Limited IPO

Purchase of plant and machineries
38.44%
The company will spend ₹23.04 Cr towards purchase of plant and machineries.
Repayment or prepayment of borrowings
30.03%
₹18 Cr will be used to repay or prepay outstanding company borrowings.
Expansion of existing manufacturing unit
6.45%
The company will invest ₹3.87 Cr in civil construction for manufacturing unit expansion.
Expansion of additional storage facility
3.37%
The company will invest ₹2.02 Cr in civil construction for expanding storage facility.
Purchase of commercial vehicle
2.40%
The company will allocate ₹1.44 Cr for purchase of commercial vehicle.

Compare

CompanyRevenue*3Y growthPATMarket capP/E ratioD/E ratio
This IPO₹186.35Cr9.76%₹4.86Cr₹226.12Cr28.971.59
This sector (avg.)₹6,992.52Cr---₹1,665.83Cr₹21,125.66Cr117.630.33
₹1,43,368.92Cr---₹35,302.1Cr₹2,71,622.3Cr8.700.09
₹23,905.52Cr---₹6,539.75Cr₹71,398.35Cr10.160.14
₹590.53Cr----₹204.58Cr₹21,930.7Cr---0.11

*Revenue for financial year 2023-24. Lower P/E and D/E ratios are generally preferred.

Beezaasan Explotech IPO Contact Details

Company NameBeezaasan Explotech Limited

How to apply for Beezaasan Explotech IPO?

  1. Step 1

    Log in to your Upstox account to access IPO investments. Next, select the current IPO section.

  2. Step 2

    Specify IPO details. Enter the number of lots and the price you wish to apply for.

  3. Step 3

    Enter UPI ID. After entering your UPI ID, click submit. This will place your bid with the exchange.

  4. Step 4

    Mandate Notification. Your UPI app will receive a mandate notification to block funds.

  5. Step 5

    Approve Request. Your funds will be blocked once you approve the mandate request on your UPI.

Beezaasan Explotech Limited IPO FAQs

Investors can apply for the Beezaasan Explotech IPO through their Demat account via the stock exchange or through their broker.
The issue size of the Beezaasan Explotech IPO is 59 Cr.
Pre-applying for an IPO allows you to submit your application before the official subscription period begins.
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.
Beezaasan Explotech IPO will be open between 2025-02-21 and 2025-02-25.
Beezaasan Explotech IPO allotment date is 2025-02-28. For Beezaasan Explotech IPO allotment status check, you can visit the website of the registrar of the IPO.
For Beezaasan Explotech IPO, the IPO registrar is Kfin Technologies Limited. You can check Beezaasan Explotech IPO allotment status on the website of the registrar.
The shares are proposed to be listed on the BSE and NSE.
The Beezaasan Explotech IPO shares will typically be credited to your demat account one working day before the IPO's listing date, provided your application is successfully allotted.
The Beezaasan Explotech IPO lot size is 800 and minimum order quantity is 800.
Beezaasan Explotech IPO has set the price band for its IPO at 175 per equity share with a face value of 10.