Beezaasan Explotech SME IPO Subscription Status
Beezaasan Explotech SME IPO closed on 25 February 2025 with an overall subscription of 5.43x based on shares applied. QIB demand came in at 11.52x, NII at 4.65x, and retail at 2.24x.
Allotment will be finalised on 27 February 2025. The stock is scheduled to list on NSE and BSE on 3 March 2025.
Issue Price
Rs 175.00
GMP Today
Rs 1.00 (+0.57%)
Overall Subscription
5.43x
Issue Size
₹59.93 Cr
Allotment Date
27 Feb 2025
Listing Date
3 Mar 2025
Beezaasan Explotech SME IPO Subscription by Amount
Category-wise subscription based on amount applied at issue price Rs 175.00
| Category | Amount Offered | Amount Applied | Subscription |
|---|---|---|---|
| QIB | Rs 11.44 Cr | Rs 131.78 Cr | 11.52x |
| NII | Rs 8.55 Cr | Rs 39.76 Cr | 4.65x |
| IND | Rs 19.92 Cr | Rs 44.59 Cr | 2.24x |
| Total | Rs 39.91 Cr | Rs 216.13 Cr | 5.41x |
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.
| Category | Shares Offered | Shares Bid | Subscription |
|---|---|---|---|
| QIB | 6,53,600 | 75,30,400 | 11.52x |
| NII | 4,88,800 | 22,72,000 | 4.65x |
| IND | 11,38,400 | 25,48,000 | 2.24x |
| Total | 22,80,800 | 1,23,50,400 | 5.41x |
What Do These Subscription Numbers Mean?
A subscription of 5.43x by shares means the IPO received bids for 5 times the shares reserved. Allotment odds depend on application count in each category, not share volume.
Here is what each category number tells you:
QIB at 11.52x by shares: This is the strongest signal on the page. QIBs are institutional investors, mutual funds, foreign institutions, and banks. When they subscribe at 11.52x, it reflects serious institutional conviction.
NII at 4.65x by shares: NII includes high net worth individuals applying above Rs 2 lakh. Proportional allotment uses application subscription.
Retail at 2.24x by shares: Allotment is by lottery, but application-wise data is needed for accurate 1-in-X odds. Share oversubscription often overstates how hard allotment is.
Beezaasan Explotech SME IPO Allotment Chances
Allotment odds below use application subscription (number of bids received), not share or amount subscribed.
Retail (IND)
- •Share subscription: 2.24x (application-wise data pending).
- •Allotment odds will be updated once application subscription is synced.
Check the Beezaasan Explotech SME IPO Allotment Status page from 27 February 2025 for your allotment result.
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 Day-wise Subscription
| Day | QIB | NII | Retail | Overall |
|---|---|---|---|---|
| Day 1 - 21 Feb 2025 | 0.61x | 0.44x | 0.33x | 0.43x |
| Day 2 - 24 Feb 2025 | 1.56x | 0.18x | 0.71x | 0.84x |
| Day 3 - 25 Feb 2025 | 11.52x | 4.65x | 2.24x | 5.41x |
Beezaasan Explotech SME IPO Key Dates
| Event | Date |
|---|---|
| IPO Open Date | 21 February 2025 |
| IPO Close Date | 25 February 2025 |
| Allotment Date | 27 February 2025 |
| Refund Initiation | 28 February 2025 |
| Share Credit to Demat | 28 February 2025 |
| Listing Date | 3 March 2025 |
| Minimum Investment | Rs 2,80,000.00 |
| Lot Size | 800 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
High net worth individuals applying above Rs 2 lakh. Divided into bNII (above Rs 10 lakh) and sNII (Rs 2 lakh to Rs 10 lakh). NII allotment is proportional.
IND - Individual Investors
Investors applying up to Rs 2 lakh per PAN. Allotment is by lottery when oversubscribed. Minimum one lot per successful applicant.
Beezaasan Explotech SME IPO GMP Today
Live GMP, listing price estimate, and listing gain
Beezaasan Explotech SME IPO Allotment Status
Check allotment result on allotment date
Beezaasan Explotech SME IPO Details
Financials, peers, strengths, and review
All IPO Subscription Status
Subscription for all active IPOs
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 June 2026, 2:47 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. Minimum retail bid is up to Rs 2 lakh per PAN.
What is Beezaasan Explotech SME IPO NII subscription?
Beezaasan Explotech SME IPO NII (Non-Institutional Investors) subscription is 4.65x by shares. NII covers bids above Rs 2 lakh.
What are allotment chances in Beezaasan Explotech SME IPO for retail?
Beezaasan Explotech SME IPO retail share subscription is 2.24x. Application-wise data is needed for accurate lottery odds.
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?
Allotment odds in Beezaasan Explotech SME IPO depend on application subscription in each category, not share volume. Retail uses lottery when oversubscribed. NII uses proportional allotment by applications. 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.
Reviewed by Dinesh Agrawal
15+ years in Indian capital markets and IPO research. Subscription data verified before publish.