Beezaasan Explotech IPO open date is February 21, 2025, and the IPO will close on February 25, 2025. Beezaasan Explotech IPO is a Book Built Issue. The company aims to raise ₹59.93 crores via IPO, comprising a fresh issue of ₹59.93 crores. Beezaasan Explotech IPO price band is set at ₹165 to ₹175 per share. The retail quota is 35%, QIB is 50%, and HNI is 15%. Beezaasan Explotech IPO is set to list on BSE on March 3, 2025. The allotment date is February 27, 2025. The company reported revenue of ₹187.9 crores in 2024, down from ₹229.17 crores in 2023. The company reported a profit of ₹4.87 crores in 2024, compared to ₹2.94 crores in 2023. Considering the financials, the IPO could be a good long-term investment opportunity.
Beezaasan Explotech IPO Details
Field
Value
est listing
176 (0.57%)
gain percentage
16.57%
gmp
1
ipo size
₹59.93 Cr
ipo title
Beezaasan Explotech BSE SME
price
175
status
Listed
subscription
5.43x
Beezaasan Explotech IPO Dates
Field
Value
boa dt
27-Feb
close
25-Feb
listing
3-Mar
lot
800
open
21-Feb
Beezaasan Explotech IPO Financial Report
The company reported revenue of ₹187.9 crores in 2024, compared to ₹229.17 crores in 2023. The company reported a profit of ₹4.87 crores in 2024, compared to ₹2.94 crores in 2023.
Financial Year
2022
2023
2024
September 2024
Revenue
₹141.91
₹229.17
₹187.90
₹101.44
Expense
₹138.13
₹224.98
₹181.38
₹90.36
Profit After Tax
₹2.74
₹2.94
₹4.87
₹8.33
Total Assets
₹42.3
₹61.63
₹68.99
₹82.09
About Beezaasan Explotech IPO
Beezaasan Explotech Limited is a well-known company engaged in manufacturing and supplying comprehensive explosives and explosive accessories. Founded in August 2013, the company provides a diverse selection of products, including cartridge explosives, slurry, emulsion, and detonating explosives. The company manufactures its products using a mixture of nitrate and serves industries such as cement, mining, and defense. In 2018, the company expanded its operations by manufacturing slurry explosives in Bhanthala Village, Mahisagar District, Gujarat. Between 2020 and 2024, the company incorporated an emulsion explosive unit, an additional slurry explosive unit, and a detonating fuse unit in Mahisagar District. As of March 31, 2024, Beezaasan Explotech serves across India, delivering to 11 states and 2 union territories. As of September 30, 2024, the company has a staff of 188 employees.
Beezaasan Explotech IPO Registrar
KFin Technologies Limited,
Phone: 04067162222, 04079611000,
Email: bel.ipo@kfintech.com,
Website: https://kosmic.kfintech.com/ipostatus/
Company Address
Beezaasan Explotech Limited,
5th Floor, 511, Pramukh Tangent Complex,
Pramukh Tangent Complex, Sargasan Cross Road,
S.G. Highway, Gandhinagar, -382421,
Phone: +91 6359607701,
Email: investors@beezaasan.in,
Website: http://www.beezaasan.com/
Beezaasan Explotech IPO FAQs
What is Beezaasan Explotech IPO?
Beezaasan Explotech IPO is an SME IPO aiming to raise ₹59.93 crores at ₹165 to ₹175 per equity share, listed on BSE.
When will Beezaasan Explotech IPO open for subscription?
The IPO opens on February 21, 2025, and closes on February 25, 2025.
What is Beezaasan Explotech IPO Investors Portion?
The investors’ portion is 50% for QIB, 15% for HNI, and 35% for Retail.
How to Apply for Beezaasan Explotech IPO?
Apply via ASBA online through your bank account or UPI through stock brokers. Offline applications are also available.
What is Beezaasan Explotech IPO Issue Size?
The issue size of Beezaasan Explotech IPO is ₹59.93 crores.
What is Beezaasan Explotech IPO Price Band?
The IPO price band is set at ₹165 to ₹175 per share.
What is Beezaasan Explotech IPO Lot Size?
The minimum bid is 800 shares, amounting to ₹1,40,000.
What is the Beezaasan Explotech IPO Allotment Date?
The allotment date is February 27, 2025.
What is the Beezaasan Explotech IPO Listing Date?
The IPO is expected to list on BSE on March 3, 2025.
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