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Beezaasan Explotech SME IPO Subscription

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Updated 3 March 2025, 9:15 AM IST· BSE SME

Beezaasan Explotech SME IPO subscription closed on 25 February 2025 at 5.43x overall by shares. QIB demand came in at 11.52x, NII at 4.65x, and retail at 2.24x. See Retail, SHNI, and BHNI allotment chances in the table…

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Allotment date is 27 February 2025. Listing date on NSE and BSE is 3 March 2025.

Issue Price
Rs 175.00
GMP Today
Rs 1.00 (+0.57%)
Overall Sub
5.43x
Issue Size
₹59.93 Cr
Allotment
27 Feb 2025
Listing
3 Mar 2025

Beezaasan Explotech SME IPO Day-wise Subscription

Daily QIB, NII, Retail, and overall subscription as bids come in

DayQIBNIIRetailOverall
Day 1 - 21 Feb 20250.61x0.44x0.33x0.43x
Day 2 - 24 Feb 20251.56x0.18x0.71x0.84x
Day 3 - 25 Feb 202511.52x4.65x2.24x5.41x

Beezaasan Explotech SME IPO Allotment Chances

Retail, SHNI, and BHNI chances based on application subscription

Beezaasan Explotech SME IPO allotment chances for Retail, SHNI, and BHNI. All three use lottery when the category is oversubscribed.

CategorySubscription (Apps)Allotment Chances
Retail (IND)2.24x (shares)Updating soon

Chances use application subscription (how many bids came in), not share or amount figures. If you get allotment, you get at least one lot. Higher subscription means lower chance per PAN.

Check the Beezaasan Explotech SME IPO Allotment Status page from 27 February 2025 for your result.

Beezaasan Explotech SME IPO Subscription by Amount

Category-wise subscription based on amount applied at issue price Rs 175.00

CategoryAmount OfferedAmount AppliedSubscription
QIBRs 11.44 CrRs 131.78 Cr11.52x
NIIRs 8.55 CrRs 39.76 Cr4.65x
INDRs 19.92 CrRs 44.59 Cr2.24x
TotalRs 39.91 CrRs 216.13 Cr5.41x

Beezaasan Explotech SME IPO Subscription by Shares

Category-wise subscription based on shares bid. Application-wise bid counts are not available for this IPO yet.

CategoryShares OfferedShares BidSubscription
QIB6,53,60075,30,40011.52x
NII4,88,80022,72,0004.65x
IND11,38,40025,48,0002.24x
Total22,80,8001,23,50,4005.41x

What Do These Subscription Numbers Mean?

5.43x overall by shares means bids covered about 5 times the shares on offer. Allotment chances depend on applications in each category.

QIB at 11.52x by shares shows institutional demand from mutual funds, FIIs, and banks.

NII covers bids above Rs 2 lakh (4.65x by shares). SHNI and BHNI allotment is by lottery.

Retail at 2.24x by shares. Exact lottery chances need application data.

Beezaasan Explotech SME IPO GMP After Subscription

GMP for Beezaasan Explotech SME stands at Rs 1.00 today, giving an estimated listing price of Rs 176.00 per share.

A subscription of 5.43x combined with a GMP of 0.57% is a strong combination heading into listing. QIB demand above 50x in particular tends to support listing sentiment, as institutional investors are seen as informed buyers.

Track live GMP on the Beezaasan Explotech SME IPO GMP Today page or the IPOwiz Live IPO GMP Tracker.

Beezaasan Explotech SME IPO Key Dates

EventDate
IPO Open Date21 February 2025
IPO Close Date25 February 2025
Allotment Date27 February 2025
Refund Initiation28 February 2025
Share Credit to Demat28 February 2025
Listing Date3 March 2025
Minimum InvestmentRs 2,80,000.00
Lot Size800 shares

About Beezaasan Explotech SME

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.

Understanding Subscription Categories

QIB - Qualified Institutional Buyers

Includes foreign institutional investors, domestic financial institutions, mutual funds, and other qualified institutions. QIB demand is considered the most reliable indicator of institutional confidence in an IPO.

NII - Non-Institutional Investors (SHNI & BHNI)

Investors bidding above Rs 2 lakh. Split into SHNI (Rs 2 lakh to Rs 10 lakh) and BHNI (above Rs 10 lakh). Both use lottery allotment when oversubscribed.

IND - Individual Investors

Investors bidding up to Rs 2 lakh per PAN. Allotment is by lottery when oversubscribed. Winners get at least one lot.

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Beezaasan Explotech SME IPO Subscription FAQs

What is Beezaasan Explotech SME IPO subscription status today?

Beezaasan Explotech SME IPO subscription closed on 25 February 2025 with overall subscription of 5.43x (by shares) as of 27 August 2026, 4:32 AM IST. QIB 11.52x, NII 4.65x, IND 2.24x.

What is the overall subscription of Beezaasan Explotech SME IPO?

Beezaasan Explotech SME IPO is subscribed 5.43x overall by shares at close on 25 February 2025. QIB 11.52x, NII 4.65x, and IND 2.24x.

What is Beezaasan Explotech SME IPO QIB subscription?

Beezaasan Explotech SME IPO QIB (Qualified Institutional Buyers) subscription is 11.52x by shares. QIB includes mutual funds, FIIs, banks, and other institutions.

What is Beezaasan Explotech SME IPO IND subscription?

Beezaasan Explotech SME IPO IND subscription is 2.24x by shares. Retail bids are up to Rs 2 lakh per PAN.

What is Beezaasan Explotech SME IPO NII, SHNI, and BHNI subscription?

Beezaasan Explotech SME IPO NII subscription is 4.65x by shares. NII is bids above Rs 2 lakh, split into SHNI (Rs 2L to Rs 10L) and BHNI (above Rs 10L).

What are Beezaasan Explotech SME IPO retail allotment chances?

Beezaasan Explotech SME IPO retail share subscription is 2.24x. Application data is needed for exact lottery chances.

What are Beezaasan Explotech SME IPO SHNI allotment chances?

Beezaasan Explotech SME IPO SHNI allotment chances depend on final application subscription. Allotment is by lottery when oversubscribed.

What are Beezaasan Explotech SME IPO BHNI allotment chances?

Beezaasan Explotech SME IPO BHNI allotment chances depend on final application subscription. Allotment is by lottery when oversubscribed.

When is Beezaasan Explotech SME IPO allotment date?

Beezaasan Explotech SME IPO allotment date is 27 February 2025. Check Beezaasan Explotech SME IPO Allotment Status on IPOwiz from that day using your PAN.

When does Beezaasan Explotech SME IPO subscription close?

Beezaasan Explotech SME IPO subscription closed on 25 February 2025. No new applications are accepted after the close.

What is Beezaasan Explotech SME IPO GMP today?

Beezaasan Explotech SME IPO GMP is ₹1 today (+0.57% over issue price ₹175). See live GMP on the Beezaasan Explotech SME IPO GMP Today page.

What is Beezaasan Explotech SME IPO issue price and lot size?

Beezaasan Explotech SME IPO issue price is ₹175 per share. Lot size is 800 shares. Minimum investment is ₹2,80,000 per lot (minimum 2 lots for SME). Issue size: ₹59.93 Cr.

When is Beezaasan Explotech SME IPO listing date?

Beezaasan Explotech SME IPO listing date is 3 March 2025 on NSE and BSE. Allotment is on 27 February 2025.

How does subscription affect Beezaasan Explotech SME IPO allotment?

In Beezaasan Explotech SME IPO, Retail, SHNI, and BHNI allotment is by lottery when oversubscribed. Chances follow application subscription in each category, not share volume. At 5.43x overall, competition is moderate.

For allotment results from 27 February 2025, visit the Beezaasan Explotech SME IPO Allotment Status page. For listing day updates on 3 March 2025, download the IPOwiz App.

Sources

We match Beezaasan Explotech SME IPO numbers with official sources. For final dates and allotment results, double-check the registrar or exchange.

  • SEBIRules for IPO allotment and disclosures in India
  • NSEExchange notices, bidding data, and listing updates
  • BSEExchange notices and IPO allotment check tools
  • RHP / Offer DocumentCheck the company RHP on NSE/BSE or the IPO detail page
  • IPO RegistrarRegistrar details are on the allotment page for this IPO

Also read our Editorial Policy, How GMP is calculated, How allotment chances work, and IPO fund allocation.

Reviewed by

Dinesh Agrawal · Lead IPO Analyst

15+ years in Indian markets and IPO research. He reviews subscription data before it goes live.