Beezaasan Explotech IPO Allotment On Feb-27; How To Check Status Online? Check GMP, Listing Details

Beezaasan Explotech SME IPO: This SME IPO closed on February 25, 2025, and its basis of allotment is going to take place on Thursday, February 27, 2025. Investors who have bid for the IPO can check the status of their application through BSE and the Kfin Technologies website. The IPO received a full subscription with strong demand from qualified institutional and HNI investors. The latest grey market premium (GMP), however, signalled towards muted listing on BSE SME which could take place next week.

Beezaasan Explotech IPO Allotment Status:

On February 27, when shares allotment is out, investors can visit on BSE IPO and Kfin Technologies website to check the status of their application.

To Check the Application Status On BSE, Click On The Link Below:

https://www.bseindia.com/investors/appli_check.aspx

Step 1: Select Issue Type 'Equity'

Step 2: Then select Beezaasan Explotech Limited in the 'Issue Name' option.

Step 3: Enter the application number or PAN number and click on search.

To Check the Application Status On Kfin Technologies, Click On The Link Below:

https://ipostatus.kfintech.com/

Step 1: Select the company name 'Beezaasan Explotech Limited' under the option 'Select IPO'.

Step 2: Click on either Application Number, Demat account, or PAN card number

Step 3: Enter either details like the Application number, Demat account or PAN to take the process ahead.

Step 4: Enter the captcha and lastly click on SUBMIT.

Beezaasan Explotech IPO GMP Today:

As per Investor Grain, Beezaasan Explotech SME IPO's last GMP is Rs 0, last updated February 26th 2025 06:56 PM. With a price band of 175.00, Beezaasan Explotech SME IPO's estimated listing price is Rs 175 (cap price + today's GMP). The expected percentage gain/loss per share is 0.00%.

Beezaasan Explotech IPO Listing:

After the IPO allotment status, the company with either initiate a refund or credit shares to the demat account on February 28, 2025. Following this, the listing will take place on BSE SME on March 3, 2025.

Beezaasan Explotech IPO Details:

The company opened its IPO worth Rs 59.93 crore on February 21 and closed on February 25. The IPO was an entirely fresh issue, and Beezaasan will use the proceeds for funding capital expenditure towards civil construction, for the purchase of plant and machinery, commercial vehicles and repayment of dues among others.

On the final day, the IPO was fully subscribed by 5.43x, with strong demand from institutional buyers and HNI investors. The price band of the IPO was fixed at Rs 175 apiece.

About Beezaasan Explotech:

Beezaasan Explotech is one of the few companies in India that has taken a step further in manufacturing world-class explosives with satisfactory services and safety with experience of 60 years in this business, passing from generation to generation.

The company utilizes decades of industry and mining experience to meet and exceed customer expectations, which resulted in the development as well as the production of our revolutionary explosive products and services for the customers.