Active
SME

Beezaasan Explotech Ltd

Beezaasan Explotech Ltd IPO Details

Listing Date

03 Mar 2025

Bid Price

₹165 - ₹175

Lot Size

400 Shares

Minimum Investment

₹1,40,000 / 2 Lots

Issue Size

₹59.93 Cr

Key Dates to Track

    Here are the important dates you need to know in order to participate in this IPO

tick

Offer Start Date

21st Feb

tick

Offer End Date

25th Feb

tick

Allotment Date

27th Feb

tick

Refund Initiation

28th Feb

tick

Demat Transfer

28th Feb

tick

Listing Date

3rd Mar

About Beezaasan Explotech Ltd IPO

Beezaasan Explotech Ltd is a leading manufacturer and supplier of explosives and explosive accessories, primarily used in industries such as mining, cement, and defense. Established in 2013, the company has developed a strong reputation for producing high-quality products like slurry, emulsion, and detonating explosives. With a manufacturing facility in Gujarat, the company focuses on maintaining high safety standards and quality certifications, including ISO 9001:2015 for Quality Management and ISO 14001:2015 for Environmental Management.
 

The company is now looking to expand its operations through the Beezaasan Explotech IPO, aiming to raise ₹59.93 crores to fund its growth initiatives. These include upgrading its manufacturing facilities, purchasing new machinery, and reducing its existing borrowings. The IPO represents a fresh issue of 34.25 lakh shares, and the proceeds will support the company’s long-term growth strategy while enhancing its capabilities to meet increasing demand in its core industries.

Beezaasan Explotech Ltd Shareholding Pattern

  Pre-Issue Post-Issue
Promoter Group 96.02% 70.57%
Public Group 3.98% 29.43%

Beezaasan Explotech Ltd IPO Reservation

QIB Shares Offered 6,53,600 (19.08%)
NII (HNI) Shares Offered 4,88,800 (14.27%)
Retail Shares Offered 11,38,400 (33.24%)
Anchor Investor Shares Offered 9,68,000 (28.26%)
Total Shares Offered 34,24,800
Total Shares With Anchor Investor 34,24,800

Beezaasan Explotech Ltd IPO Lot Size

Application Lots Shares Amount
Retail (Min) 2 800 ₹1,40,000
Retail (Max) 2 800 ₹1,40,000
S HNI (Min) 3 1,200 ₹2,10,000
S HNI (Max) 14 5,600 ₹9,80,000
B HNI (MIN) 15 6,000 ₹10,50,000

Beezaasan Explotech Ltd IPO Anchor Portion Size

Bid Date February 20, 2025
Shares Offered 9,68,000
Anchor Investment Details 16.94

Beezaasan Explotech Ltd IPO registrar

KFin Techologies Ltd
Phone Number +91 40 6716 2222
Email Id einward.ris@kfintech.com
Website www.kfintech.com

Beezaasan Explotech Ltd IPO Lead Manager

1. Smart Horizon Advisors Pvt Ltd

Beezaasan Explotech Ltd Financial Information

March 31, 2025 March 31, 2024 March 31, 2023
Net Worth ₹96.84 Cr ₹23.83 Cr ₹14.34 Cr
Reserves and Surplus ₹83.91 Cr ₹14.33 Cr ₹6.95 Cr
Total Borrowing ₹24.61 Cr ₹37.15 Cr ₹43.29 Cr

Beezaasan Explotech Ltd IPO Subscription LIVE Status

Category No. of shares offered No. of shares bid Subscription (Times)
Qualified Institutional Buyers (QIBs) 6,53,600 75,30,400 11.5214
Non Institutional Investors (NIIs) 4,88,800 24,50,400 5.0131
Retail Individual Investors (RIIs) 11,38,400 25,68,800 2.2565
Total 34,24,800 1,25,49,600 3.6643

Strength of Beezaasan Explotech Ltd

  • One Stop Solution for Explosives Product.
  • Long Standing Relationship with key Customers & Suppliers.
  • Experienced Management team.
  • Technical manpower.
  • Continuous focus on developing novel and innovative products
  • Quality products.

Risks Involved

  • Products manufactured by the company is operated in highly regulated sector. Any failures to obtain registrations for its products or the company inability to comply with the regulations or in case of its inability to obtain, renew or maintain the statutory and regulatory licenses, permits and approvals required to operate its business it may adversely affect the company business, results of operations, cash flows and financial condition.
  • Few of the raw materials used and products manufactured by the Company are hazardous in nature. If any accidents occur involving such hazardous raw materials and products, its may be held liable for consequent damages and litigation.
  • Its Registered Office and Corporate office are not owned by the company. In the event its lose such rights, the company Business, Financial Condition and Results of Operations and Cash Flows could be adversely affected.
  • The Company had negative cash flows in the past years, details of which are given below. Sustained negative cash flow could impact its growth and business.
  • The company depends on a certain supplier for its raw materials required for the company operations and the company does not have long-term agreements with suppliers for its raw materials and an increase in the cost of, or a shortfall in the availability or quality of such raw materials could have an adverse effect on its business, financial condition and results of operations.
  • The company is highly dependent on certain key customers for a substantial portion of its revenues and the company does not have long term contracts with all of these customers. Loss of relationship with any of these customers may have a material adverse effect on its profitability and results of operations.
  • The Restated Consolidated Financial Statements have been provided by Peer Reviewed Chartered Accountants who is not Statutory Auditor of the Company.
  • Manufacturing and supply of commercial explosives are subject to strict quality requirements and any failure to comply with quality standards may lead to cancellation of existing and future orders.
  • The company also operate on a tender based business. There are several inherent risks associated with a tender-based business which could affect its profit margins thereby materially affecting the company business and results of operations.
  • The company has certain outstanding litigation against it, an adverse outcome of which may adversely affect the company business, reputation and results of operations.
stock

Invest in IPOs with ease

Sign-in to invest with your demat account, or set up a new demat account for free

Industry Outlook of Beezaasan Explotech IPO

 

  • Explosives Demand in Key Sectors: The demand for explosives is driven by industries such as mining, cement manufacturing, and defense. With the continued growth of infrastructure projects and the expansion of mining operations, the need for high-quality explosives is expected to rise.
  • Mining Sector Growth: India’s mining sector has seen steady growth, with government initiatives to boost mining production. As a result, the requirement for industrial explosives, such as those produced by Beezaasan Explotech, is anticipated to grow in the coming years.
  • Defense Industry Opportunities: The defense sector is another key driver for the explosives market. As defense projects increase, the demand for high-quality explosives and accessories used in defense applications is expected to grow.
  • Government Policies and Initiatives: The Indian government's focus on infrastructure development, including road construction, mining expansion, and defense modernization, is expected to support long-term growth in the explosives industry.
  • Regulatory and Environmental Standards: Compliance with stringent environmental and safety regulations is a key aspect for companies in the explosives manufacturing sector. Companies like Beezaasan Explotech, which hold ISO certifications, are well-positioned to meet these standards and gain market trust.
  • Market Expansion: With a PAN India presence and a focus on innovation, Beezaasan Explotech is well-placed to capitalize on the expanding demand in both domestic and international markets.

Explore Other IPOs

  • Current IPOs
  • Upcoming IPOs
  • Closed IPOs
  • IPO Performance
  • All
  • MainBoard
  • SME
Speciality Medicines Limited IPO
Bidding Period
20th Mar 2026 - 3rd Mar 2026
Price Range
₹117.0 - 124.0
IPO Size
₹29,14,00,000
Powerica Limited IPO
Bidding Period
24th Mar 2026 - 3rd Mar 2026
Price Range
₹375.0 - 395.0
IPO Size
₹11,00,00,00,000
Sai Parenteral's Limited IPO
Bidding Period
24th Mar 2026 - 3rd Mar 2026
Price Range
₹372.0 - 392.0
IPO Size
₹4,08,79,00,000
Aarvee Engineering Consultants Limited IPO
Bidding Period
To Be Announced
Price Range
₹0.0 - 0.0
IPO Size
₹0
Aastha Spintex Limited IPO
Bidding Period
To Be Announced
Price Range
₹0.0 - 0.0
IPO Size
₹0
AceVector Limited IPO
Bidding Period
To Be Announced
Price Range
₹0.0 - 0.0
IPO Size
₹0
Advanced SysTek Limited IPO
Bidding Period
To Be Announced
Price Range
₹0.0 - 0.0
IPO Size
₹0
Advanta Enterprises Limited IPO
Bidding Period
To Be Announced
Price Range
₹0.0 - 0.0
IPO Size
₹0
Advit Jewels Limited IPO
Bidding Period
To Be Announced
Price Range
₹0.0 - 0.0
IPO Size
₹0
Aggcon Equipments International Limited IPO
Bidding Period
To Be Announced
Price Range
₹0.0 - 0.0
IPO Size
₹0
Agilus Diagnostics Limited IPO
Bidding Period
To Be Announced
Price Range
₹0.0 - 0.0
IPO Size
₹0
Airox Technologies Limited IPO
Bidding Period
To Be Announced
Price Range
₹0.0 - 0.0
IPO Size
₹0
Ajay Poly Limited IPO
Bidding Period
To Be Announced
Price Range
₹0.0 - 0.0
IPO Size
₹0
Alcobrew Distilleries India Limited IPO
Bidding Period
To Be Announced
Price Range
₹0.0 - 0.0
IPO Size
₹0
Allchem Lifescience Limited IPO
Bidding Period
To Be Announced
Price Range
₹0.0 - 0.0
IPO Size
₹0
Allied Engineering Works Limited IPO
Bidding Period
To Be Announced
Price Range
₹0.0 - 0.0
IPO Size
₹0
Alpine Texworld Limited IPO
Bidding Period
To Be Announced
Price Range
₹0.0 - 0.0
IPO Size
₹0
Amir Chand Jagadish Kumar Exports Limited IPO
Bidding Period
To Be Announced
Price Range
₹0.0 - 0.0
IPO Size
₹0
Annu Projects Limited IPO
Bidding Period
To Be Announced
Price Range
₹0.0 - 0.0
IPO Size
₹0
AOne Steels India Limited IPO
Bidding Period
To Be Announced
Price Range
₹0.0 - 0.0
IPO Size
₹0
NO ACTIVE IPO HERE
  • All
  • MainBoard
  • SME
GSP CROP SCIENCE LIMITED IPO
Closing Today
Bidding Period
16th Mar 2026 - 3rd Mar 2026
Price Range
₹304.0 - 320.0
IPO Size
₹4,00,00,00,000
INNOVISION LIMITED IPO
Bidding Period
10th Mar 2026 - 3rd Mar 2026
Price Range
₹494.0 - 519.0
IPO Size
₹3,06,00,00,000
RAAJMARG INFRA INVESTMENT TRUST IPO
Bidding Period
11th Mar 2026 - 3rd Mar 2026
Price Range
₹99.0 - 100.0
IPO Size
₹60,00,00,00,000
APSIS AEROCOM LIMITED IPO
Bidding Period
11th Mar 2026 - 3rd Mar 2026
Price Range
₹104.0 - 110.0
IPO Size
₹36,00,00,000
RAJPUTANA STAINLESS LIMITED IPO
Bidding Period
9th Mar 2026 - 3rd Mar 2026
Price Range
₹116.0 - 122.0
IPO Size
₹2,55,00,00,000
SRINIBAS PRADHAN CONSTRUCTIONS LIMITED IPO
Bidding Period
6th Mar 2026 - 3rd Mar 2026
Price Range
₹91.0 - 98.0
IPO Size
₹20,00,00,000
ELFIN AGRO INDIA LIMITED IPO
Bidding Period
5th Mar 2026 - 3rd Mar 2026
Price Range
₹47.0 - 47.0
IPO Size
₹25,00,00,000
SEDEMAC MECHATRONICS LIMITED IPO
Bidding Period
4th Mar 2026 - 3rd Mar 2026
Price Range
₹1287.0 - 1352.0
IPO Size
₹10,87,00,00,000
ACETECH ECOMMERCE LIMITED IPO
Bidding Period
27th Feb 2026 - 3rd Mar 2026
Price Range
₹106.0 - 112.0
IPO Size
₹49,00,00,000
STRIDERS IMPEX LIMITED IPO
Bidding Period
26th Feb 2026 - 3rd Mar 2026
Price Range
₹71.0 - 72.0
IPO Size
₹36,00,00,000
OMNITECH ENGINEERING LIMITED IPO
Bidding Period
25th Feb 2026 - 2nd Feb 2026
Price Range
₹216.0 - 227.0
IPO Size
₹5,83,00,00,000
YAAP DIGITAL LIMITED IPO
Bidding Period
25th Feb 2026 - 2nd Feb 2026
Price Range
₹138.0 - 145.0
IPO Size
₹80,11,00,000
PNGS REVA DIAMOND JEWELLERY LIMITED IPO
Bidding Period
24th Feb 2026 - 2nd Feb 2026
Price Range
₹367.0 - 386.0
IPO Size
₹3,80,00,00,000
SHREE RAM TWISTEX LIMITED IPO
Bidding Period
23rd Feb 2026 - 2nd Feb 2026
Price Range
₹95.0 - 104.0
IPO Size
₹1,10,24,00,000
CLEAN MAX ENVIRO ENERGY SOLUTIONS LIMITED IPO
Bidding Period
23rd Feb 2026 - 2nd Feb 2026
Price Range
₹1000.0 - 1053.0
IPO Size
₹31,00,00,00,000
MOBILISE APP LAB LIMITED IPO
Bidding Period
23rd Feb 2026 - 2nd Feb 2026
Price Range
₹75.0 - 80.0
IPO Size
₹20,00,00,000
KIAASA RETAIL LIMITED IPO
Bidding Period
23rd Feb 2026 - 2nd Feb 2026
Price Range
₹121.0 - 127.0
IPO Size
₹70,00,00,000
ACCORD TRANSFORMER AND SWITCHGEAR LIMITED IPO
Bidding Period
23rd Feb 2026 - 2nd Feb 2026
Price Range
₹43.0 - 46.0
IPO Size
₹26,00,00,000
GAUDIUM IVF AND WOMEN HEALTH LIMITED IPO
Bidding Period
20th Feb 2026 - 2nd Feb 2026
Price Range
₹75.0 - 79.0
IPO Size
₹1,65,00,00,000
MANILAM INDUSTRIES INDIA LIMITED IPO
Bidding Period
20th Feb 2026 - 2nd Feb 2026
Price Range
₹65.0 - 69.0
IPO Size
₹40,00,00,000
  • All
  • MainBoard
  • SME
SRINIBAS PRADHAN CONSTRUCTIONS LIMITED IPO
Issue Prize
98.00
Listing Day Close
104.40(6.12%)
ELFIN AGRO INDIA LIMITED IPO
Issue Prize
47.00
Listing Day Close
47.60(2.13%)
SEDEMAC MECHATRONICS LIMITED IPO
Issue Prize
1352.00
Listing Day Close
1452.10(7.40%)
ACETECH ECOMMERCE LIMITED IPO
Issue Prize
112.00
Listing Day Close
117.60(5.36%)
STRIDERS IMPEX LIMITED IPO
Issue Prize
72.00
Listing Day Close
66.50(-6.94%)
OMNITECH ENGINEERING LIMITED IPO
Issue Prize
227.00
Listing Day Close
205.15(-9.69%)
YAAP DIGITAL LIMITED IPO
Issue Prize
145.00
Listing Day Close
133.35(-8.28%)
PNGS REVA DIAMOND JEWELLERY LIMITED IPO
Issue Prize
386.00
Listing Day Close
413.95(7.25%)
SHREE RAM TWISTEX LIMITED IPO
Issue Prize
104.00
Listing Day Close
73.45(-29.81%)
CLEAN MAX ENVIRO ENERGY SOLUTIONS LIMITED IPO
Issue Prize
1053.00
Listing Day Close
867.90(-17.57%)
MOBILISE APP LAB LIMITED IPO
Issue Prize
80.00
Listing Day Close
67.30(-16.25%)
KIAASA RETAIL LIMITED IPO
Issue Prize
127.00
Listing Day Close
116.85(-7.87%)
ACCORD TRANSFORMER AND SWITCHGEAR LIMITED IPO
Issue Prize
46.00
Listing Day Close
52.50(15.22%)
GAUDIUM IVF AND WOMEN HEALTH LIMITED IPO
Issue Prize
79.00
Listing Day Close
80.48(1.27%)
MANILAM INDUSTRIES INDIA LIMITED IPO
Issue Prize
69.00
Listing Day Close
52.45(-24.64%)
FRACTAL INDUSTRIES LIMITED IPO
Issue Prize
216.00
Listing Day Close
217.55(0.93%)
MARUSHIKA TECHNOLOGY LIMITED IPO
Issue Prize
117.00
Listing Day Close
114.00(-2.56%)
AYE FINANCE LIMITED IPO
Issue Prize
129.00
Listing Day Close
128.90(0.00%)
FRACTAL ANALYTICS LIMITED IPO
Issue Prize
900.00
Listing Day Close
847.40(-5.89%)
BIOPOL CHEMICALS LIMITED IPO
Issue Prize
108.00
Listing Day Close
105.50(-1.85%)

Frequently Asked Questions

What is Beezaasan Explotech Ltd IPO?

Answer Field

Beezaasan Explotech Ltd IPO is a SME IPO of 34,24,800 equity shares of a face value of ₹10 aggregating up to ₹59.93 Crores. The issue is priced at ₹165 to ₹175 per share. The minimum order quantity is 400 Shares. The IPO opens on February 21, 2025, and closes on February 25, 2025. KFin Techologies Ltd is the registrar for the IPO. The shares are proposed to be listed on BSE-SME.

When Beezaasan Explotech Ltd IPO will open?

Answer Field

The Beezaasan Explotech Ltd IPO opens on February 21, 2025 and closes on February 25, 2025.

What is the lot size of Beezaasan Explotech Ltd?

Answer Field

Beezaasan Explotech Ltd lot size is 400 shares, and the minimum amount required is ₹1,40,000.

How to apply for Beezaasan Explotech Ltd IPO?

Answer Field

You can apply in Beezaasan Explotech Ltd IPO online using either UPI or ASBA as payment method. ASBA IPO application is available in the net banking of your bank account. UPI IPO application is offered by brokers who don't offer banking services. To apply for an IPO:

• Login to Bajaj Broking account App/Website & click on IPO

• Enter the number of lots and price at which you wish to apply.

• Enter your UPI ID and click on submit. With this, your bid will be placed with the exchange.

• You will receive a mandate notification to block funds in your UPI app.

• Approve the mandate request on your UPI and funds will be blocked.

When is Beezaasan Explotech Ltd IPO allotment?

Answer Field

The finalization of Basis of Allotment for Beezaasan Explotech Ltd IPO will be done on February 27, 2025, and the allotted shares will be credited to your demat account by February 28, 2025.

When is Beezaasan Explotech Ltd IPO listing date?

Answer Field

The Beezaasan Explotech Ltd listing date is March 03, 2025.

Who is the registrar of Beezaasan Explotech Ltd IPO?

Answer Field

The registrar of Beezaasan Explotech Ltd IPO is KFin Techologies Ltd

Which company is the book-running lead manager of the IPO?

Answer Field

Smart Horizon Advisors Pvt Ltd will be the book-running lead manager of this IPO.

What is the fresh issue of Beezaasan Explotech Ltd IPO?

Answer Field

The fresh issue size is ₹59.93 Crores equity shares.

What minimum lot size can retail subscribers subscribe to Beezaasan Explotech Ltd?

Answer Field

Retail investors can subscribe to a minimum of one lot, 400 shares and ₹1,40,000 amount.

How can I approve the UPI mandate request for Beezaasan Explotech Ltd IPO?

Answer Field

To apply for Beezaasan Explotech Ltd IPO, you need to log in to your demat account to complete the bidding process. Then, approve the payment mandate on your UPI app.

What is the price range of Beezaasan Explotech Ltd?

Answer Field

The price of each Beezaasan Explotech Ltd share will be ranging in between ₹165 to ₹175 per share.

What is the cut-off time for the UPI mandate for Beezaasan Explotech Ltd IPO?

Answer Field

The cut-off time for the UPI mandate confirmation is 5:00 PM, February 25, 2025.

No results found

banner-icon

Open Your Free Demat Account

Enjoy low brokerage on delivery trades

+91

|

Please Enter Mobile Number

Open Your Free Demat Account

Enjoy low brokerage on delivery trades

+91

|