✓
Open
21 Feb 2025
✓
Close
25 Feb 2025
3
Allotment
—
✓
Listing
Mon, Mar 3, 2025
Price Band
₹165 to ₹175
Issue Size
34,24,800 shares (agg. up to ₹60 Cr)
Lot Size
800 Shares
Listing Date
Mon, Mar 3, 2025
Latest GMP
₹1
Est. Gain
0.57%
✦ AI Insight
GMP Trend
03-03-2025₹1Est. ₹176+0.57%
02-03-2025₹1Est. ₹176+0.57%
01-03-2025₹1Est. ₹176+0.57%
Live Subscription
| Category | Subscription (times) |
|---|---|
| Total | 4.09x |
Restated Financials (₹ Cr.)
| Period Ended | 30 Sep 2024 | 31 Mar 2024 | 31 Mar 2023 | 31 Mar 2022 |
|---|---|---|---|---|
| Assets | 82.09 | 68.99 | 61.63 | 42.30 |
| Total Income | 101.44 | 187.90 | 229.17 | 141.91 |
| Profit After Tax | 8.33 | 4.87 | 2.94 | 2.74 |
| NET Worth | 31.12 | 23.20 | 14.34 | 10.45 |
| Reserves and Surplus | 21.63 | 13.70 | 6.95 | 3.70 |
| Total Borrowing | 39.66 | 36.94 | 43.29 | 23.93 |
| Amount in ₹ Crore |
Objects of the Issue
| # | Issue Objects | Est Amt (₹ Cr.) |
|---|---|---|
| 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 | 3.87 |
| 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 | 23.04 |
| 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 | 2.03 |
| 4 | Purchase of Commercial Vehicle | 1.44 |
| 5 | Repayment/prepayment of all or certain of borrowings availed of by Company | 18.00 |
| 6 | General Corporate Purposes | 3.95 |
| 7 | Issue Expenses | 7.60 |
| Total | 59.93 |
About Beezaasan Explotech IPO
Incorporated in August 2013, Beezaasan Explotech Limited manufactures and supplies a comprehensive range of explosives and explosive accessories. It primarily produces cartridge explosives, including slurry, emulsion, and detonating explosives. The company is primarily involved in the manufacturing of explosives and explosives accessories used in the cement, mining, and defence industries. The company focuses on producing high-quality cartridge explosives, which include slurry explosives, emulsion explosives, and detonating explosives. The company's manufacturing facility is situated in Gujrat. The company's explosive manufacturing units hold multiple quality certifications, including ISO 9001:2015 for Quality Management Systems, ISO 14001:2015 for Environmental Management, and ISO 45001:2018 for Occupational Health and Safety Management. The company's product portfolio consists of chemical explosives. As of 31 March 2024, the company has a PAN India presence, with the client base spanning 11 states and 2 Union territories for its domestic market. As of September 30, 2024, the company employed 188 people at its Manufacturing Plant, corporate office, and Registered Office. Competiti
Contact Details
Beezaasan Explotech Ltd. Address5th Floor, 511, Pramukh Tangent ComplexPramukh Tangent Complex, Sargasan Cross RoadS.G.HighwayGandhinagar, Gujarat, 382421+91 6359607701investors@beezaasan.inVisit Website