A Oneindia Venture
Click it and Unblock the Notifications
Beezaasan Explotech Ltd. IPO
Beezaasan Explotech Ltd., established in 2013, operates in the Chemicals - Others sector. The company's IPO opened on February 21, 2025 and closed on February 25, 2025, with an issue price of ₹175. ... Read more
IPO Timeline
-
21 Feb 2025Bidding Starts
-
25 Feb 2025Bidding Ends
-
27 Feb 2025Allotment Finalization
-
3 Mar 2025Listing
About Beezaasan Explotech Ltd.
We deal in manufacturing and supplying the wide array of Explosives and Explosive accessories covering mainly cartridge explosives which includes Slurry Explosives, Emulsion Explosives and Detonating Fuse. Our Products are manufactured using mixture of nitrate catering to diverse requirement. ... Read more
Beezaasan Explotech Ltd. IPO Reservation
| Investors Category | Shares Offered |
|---|---|
| Anchor Investors | 9,68,000 (28.26%) |
| Market Makers | 1,76,000 (5.14%) |
| Non Institutional Investors | 4,88,800 (14.27%) |
| Qualified Institutional Buyers (QIBs) | 6,53,600 (19.08%) |
| Retail Individual Investors (RIIs) | 11,38,400 (33.24%) |
Beezaasan Explotech Ltd. Financial Information
| Year End | Revenue | PAT | Reserves & Surplus |
|---|---|---|---|
| 31 Mar 2025 | 216.39 Cr | 12.30 Cr | 83.12 Cr |
| 31 Mar 2024 | 187.49 Cr | 5.09 Cr | 14.31 Cr |
| 31 Mar 2023 | 229.17 Cr | 3.10 Cr | 7.32 Cr |
Beezaasan Explotech Ltd. Background
Our company was originally formed as Private Limited Company under the name “Beezaasan Explotech Private Limited” under the provisions of the Companies Act, 1956 vide Certificate of Incorporation dated August 21, 2013 issued by the Registrar of Companies, Gujarat, Dadra and Nagar ...
Read more-
2013Incorporation of our Company as private limited company
-
2018Obtained license from Petroleum & Explosives Safety Organization (PESO) for manufacturing of Slurry Explosives
-
2019Obtained Factory license for setting up of Factory
-
2021Obtained license from Petroleum & Explosives Safety Organization (PESO) for manufacturing of Emulsion Explosives
-
2022ISO 9001:2015 in accordance with the requirements of Quality Management System
-
2023ISO 14001:2015 in accordance with the requirements of Environmental Management System
ISO 45001:2018 in accordance with the requirements of Occupational Health and Safety Management System
Obtained license from Petroleum & Explosives Safety Organization (PESO) for manufacturing of Detonating Fuse
Awarded ZED Bronze Certificate under MSME Sustainable (ZED) Certification Scheme
-
2024Obtained license under Consolidated Consent and Authorization (CC&A) under Section-25 of The Water (Prevention and Control of Pollution) Act-1974, under Section - 21 of The Air (Prevention and Control of Pollution) Act, 1981 and Authorization under Rule 6(2) of the Hazardous and Other Wastes (Management and Transboundary Movement) Rules,
-
2016Conversion of our Company from Private Limited to Public Limited Company
1. Funding the Capital expenditure towards civil construction required for Expansion of existing manufacturing unit for Emulsion Explosive-3 Plant, Emulsion Bulk Explosive Plant and Detonating Fuse Plant at the existing Manufacturing facility situated at Bhanthala, Mahisagar, Gujarat
2. Funding of Capital expenditure towards purchase of Plant and Machineries for Expansion of existing manufacturing unit for Emulsion Explosive-3 Plant, Emulsion Bulk Explosive Plant and Detonating Fuse Plant at the existing Manufacturing facility situated at Bhanthala, Mahisagar, Gujarat
3. Funding of Capital expenditure towards civil construction required for Expansion of additional magazine (Storage) facility required for Emulsion Cartridge Explosives and Detonating Fuse at the existing location situated at Felsani, Gujarat
4. Purchase of Commercial Vehicle
5. Repayment/prepayment of all or certain of our borrowings availed of by our Company
6. General corporate purposes
| Pricing Details | BSE | NSE |
|---|---|---|
| Issue Price | ₹ 175.00 | - |
| Open | ₹ 146.00 | - |
| Low | ₹ 146.00 | - |
| High | ₹ 153.30 | - |
| Last Trade | ₹ 153.30 | - |
1. Mr. Navneetkumar Radheshyam Somani
2. Mr. Sunilkumar Radheshyam Somani
3. Mr. Rajan Sunilkumar Somani
4. M/s. Navneet R Somani HUF
5. M/s. Sunil R. Somani HUF
A significant volume of explosives is consumed by the construction industry and in miscellaneous applications. Metal mining has overtaken coal mining to become the largest consuming sector for industrial explosives, accounting for 38% of total consumption. Demand growth for this application is ... Read more
FAQs
When does Beezaasan Explotech Ltd. IPO opens and closes?
What is the size of Beezaasan Explotech Ltd. IPO?
What is the price range of Beezaasan Explotech Ltd. IPO?
What is the minimum investment and lot size required for the Beezaasan Explotech Ltd. IPO?
When is Beezaasan Explotech Ltd. IPO listing date?
What is the objective of Beezaasan Explotech Ltd. IPO?
2. Funding of Capital expenditure towards purchase of Plant and Machineries for Expansion of existing manufacturing unit for Emulsion Explosive-3 Plant, Emulsion Bulk Explosive Plant and Detonating Fuse Plant at the existing Manufacturing facility situated at Bhanthala, Mahisagar, Gujarat
3. Funding of Capital expenditure towards civil construction required for Expansion of additional magazine (Storage) facility required for Emulsion Cartridge Explosives and Detonating Fuse at the existing location situated at Felsani, Gujarat
4. Purchase of Commercial Vehicle
5. Repayment/prepayment of all or certain of our borrowings availed of by our Company
6. General corporate purposes
Disclaimer: This is 3rd Party content/feed, viewers are requested to use their discretion and conduct proper diligence before investing, GoodReturns does not take any liability on the genuineness and correctness of the information in this article
-
CMPDI IPO Lists at 7% Discount on NSE, BSE; Weak Demand Keeps Stock Under Pressure Despite Mild Recovery -
CMPDI IPO Allotment Today: Did You Get Shares? Check Status Now on KFin, NSE, BSE -
Powerica IPO Off to Slow Start: GMP Up 1.2%, But Subscription Stuck at 0.01x; Is It Worth Applying? -
CMPDI IPO Underwhelms: Day 2 Subscription At 10%, No Movement In GMP; What's Behind The Weak Demand? -
Upcoming IPOs Next Week: CMPDI, Sai Parenteral, Powerica, Vivid Electromech, More | Check Full List -
XED Executive Development IPO: GIFT City Sees First IPO; Price Band, Issue Size | All You Need to Know -
Skyways Air IPO vs CMPDI IPO: Full Comparison of Price Band, GMP, Lot Size, Listing & Allotment Date -
Coal India's CMPDI IPO GMP Shows 11% Listing Gain Potential; Everything You Need To Know -
Big Change in IPO Rules: Govt Updates Minimum Public Offer Norms for for IPO-bound Firms -
Raajmarg Infra Investment Trust InvIT IPO Closed with 1323% Subscription on Day 3; GMP Remains Flat
-
Block for 8 hours
-
Block for 12 hours
-
Block for 24 hours
-
Don't block
Sign in with Google- Male
- Female
- Others
- Under 18
- 18 to 25
- 26 to 35
- 36 to 45
- 45 to 55
- 55+