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.