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Beezaasan Explotech Ltd. IPO
IPO Timeline
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21 Feb 2025Bidding Starts
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25 Feb 2025Bidding Ends
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27 Feb 2025Allotment Finalization
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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. Through the expertise of our promoters in diversified field application knowledge, we have designed products that meet the stringent requirements of varied Industries.
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 Havelli. Subsequently, the status of the Company was changed to Public Limited and the name of our Company was changed to “Beezaasan Explotech Limited” vide Special Resolution passed by the Shareholders at the Extra Ordinary General Meeting of our Company held on May 15, 2024. The fresh certificate of incorporation consequent to conversion was issued on July 30, 2024 by the Registrar of Companies, Central Processing Centre. The Corporate Identification Number of our Company is U24111GJ2013PLC076499.
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2013Incorporation of our Company as private limited company
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2018Obtained license from Petroleum & Explosives Safety Organization (PESO) for manufacturing of Slurry Explosives
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2019Obtained Factory license for setting up of Factory
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2021Obtained license from Petroleum & Explosives Safety Organization (PESO) for manufacturing of Emulsion Explosives
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2022ISO 9001:2015 in accordance with the requirements of Quality Management System
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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
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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,
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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?
Beezaasan Explotech Ltd. IPO opens from 21st February to 25th February 2025.What is the size of Beezaasan Explotech Ltd. IPO?
The size of the Beezaasan Explotech Ltd. IPO is ₹59.93 Cr.What is the price range of Beezaasan Explotech Ltd. IPO?
The price range of Beezaasan Explotech Ltd. IPO is at ₹165 to ₹175 per share.What is the minimum investment and lot size required for the Beezaasan Explotech Ltd. IPO?
The minimum investment required is ₹1,40,000 and minimum lot size is 800 shares.When is Beezaasan Explotech Ltd. IPO listing date?
The Beezaasan Explotech Ltd. IPO will be listed on 3rd March 2025.What is the objective of Beezaasan Explotech Ltd. IPO?
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, Gujarat2. 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
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