Beezaasan Explotech BSE SME

Beezaasan Explotech SME: Check IPO Date, Live Subscription and Key Details

Incorporated in August 2013, Beezaasan Explotech Limited manufactures and supplies a wide range of explosives and explosive accessories. The company specializes in cartridge explosives, including slurry, emulsion, and detonating explosives, which are primarily used in the cement, mining, and defense industries. Beezaasan Explotech plays a crucial role in providing reliable explosive solutions for industrial and defense applications.

Price Range
₹165.00-175.00
Issue Size
₹59.93 Cr
Lot Size
800 shares
IPO Type
BSE SME
GMP
₹1(+0.57%)
Est. Listing Price
₹176
Estimate Profit
₹1,600
Retail Portion
-

Key Metrics

GMP
Face Value
₹10
EPS
12.89
P/E Ratio
13.57
RoNW
20.89%
ROE
25.93%
Debt to Equity
1.59
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Timeline

IPO Opens

21 Feb

IPO Closes

25 Feb

Allotment

27 Feb

Listing

3 Mar

IPO Timeline & Listing Details

EventDate
IPO Open Date21 February 2025
IPO Close Date25 February 2025
Allotment Date27 February 2025
Listing Date3 March 2025

Investment Categories

CategoryLotsAmount
Individual
2₹2,80,000
SHNI (Min)
3₹4,20,000
SHNI (Max)
7₹9,80,000
BHNIAbove ₹10,00,000
8₹11,20,000

IPO 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.

Strengths

  • Wide range of cartridge explosives and related accessories.
  • Strong market reach across 11 states and 2 Union Territories.
  • Certified factory ensuring high safety, quality, and environmental standards.
  • Well-established partnerships with key customers and suppliers.
  • Experienced leadership team focused on innovation and growth.

Weaknesses

  • Strict industry regulations requiring high compliance standards.
  • Business relies on a small group of key customers.
  • Profitability affected by changing raw material costs.
  • Faces strong competition from bigger, well-known companies.
  • Safety and environmental risks associated with the industry.
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Financial Performance

Period Ended30 Sep 202431 Mar 202431 Mar 202331 Mar 2022
Assets (₹ Cr.)82.0968.9961.6342.3
Revenue (₹ Cr.)101.44187.9229.17141.91
PAT (₹ Cr.)8.334.872.942.74
Net Worth (₹ Cr.)31.1223.214.3410.45

Peer Comparison

CompanyP/B RatioP/E RatioRONW (%)Net Worth (₹ Cr.)
Beezaasan Explotech Ltd.6.2534.1520.89%31.12
Premier Explosives Ltd.37.9573.5712.91%221
Solar Industries India Ltd.24.0795.4326.48%3,427

Subscription Details

Daily Bids Status

CategoryDay 1Day 2Day 3
QIB0.61x1.56x11.52x
NII0.44x0.18x4.65x
RII0.33x0.71x2.24x
Total0.43x0.84x5.41x

Overall Subscription Statistics

CategoryShares OfferedShares BidBid Amount (₹ Cr)
QIB6,53,60075,30,400131.78
NII4,88,80022,72,00039.76
RII11,38,40025,48,00044.59
Total22,80,8001,23,50,400216.13
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Company Details

  • Beezaasan Explotech Limited
  • 5th Floor, 511, Pramukh Tangent Complex Pramukh Tangent Complex, Sargasan Cross Road S.G. Highway, Gandhinagar, -382421
  • +91 6359607701
  • investors@beezaasan.in
  • http://www.beezaasan.com/

Registrar Details

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