58  Total SME IPOs listed in 2025

2,593.84 Crs.  Total funds raised in 2025

40  SME IPOs listed with Gain in 2025

18  SME IPOs listed with loss in 2025

58  Total SME IPOs listed in 2025

2593.84 Crs.  Total funds raised in 2025

40  SME IPOs listed with Gain in 2025

18  SME IPOs listed with loss in 2025

58  Total SME IPOs listed in 2025

2593.84 Crs.  Total funds raised in 2025

40  SME IPOs listed with Gain in 2025

18  SME IPOs listed with loss in 2025

58  Total SME IPOs listed in 2025

2593.84 Crs.  Total funds raised in 2025

40  SME IPOs listed with Gain in 2025

18  SME IPOs listed with loss in 2025

   IPO Information
   Financial Report
Peer Comparison
Performance Report

Beezaasan Explotech Limited IPO (Beezaasan Explotech IPO) Detail

Beezaasan Explotech IPO is a book build IPO listing on BSE SME exchange. The company is based in Gandhinagar and caters to Chemical sector. Smart Horizon Capital Advisors Private is the merchant banker of Beezaasan Explotech IPO. It is a SME IPO which filed its Draft Red Herring Prospectus (DRHP) on 30th November 2024.

Beezaasan Explotech IPO open date is 21st February 2025 and close date is 25th February 2025. IPO Allotment Date is 27th February 2025 and Listing date is 3rd March 2025.

IPO Category : SME
Exchange : BSE SME
Issue Type : Book Building

Beezaasan Explotech IPO Date

Date of DRHP:
30th November 2024
IPO Allotment Date:
27th February 2025
IPO Open Date:
21st February 2025
Initiation of Refund:
28th February 2025
IPO Closing Date:
25th February 2025
IPO Listing Date:
3rd March 2025

Beezaasan Explotech IPO Info, Size, Subscription

Beezaasan Explotech IPO size is Rs 59.93 Cr. crores with IPO price of Rs 59.93 Cr.. IPO subscription will start on IPO open date and end on IPO close date as per above. IPO valuation metrics can be seen here.

IPO Size :
₹ 59.93 Cr.

Issue Price:
₹ 175.00

Market Capitalisation :
₹ 226.12 Cr.

PE multiple :
13.57

Subscription :
5.43 times

Pre Issue Promoter Holding :
96.02 %

Post Issue Promoter Holding :
70.57%

Beezaasan Explotech IPO Information

Sub Sector : produces cartridge explosives, including slurry, emulsion, and detonating explosives
Beezaasan Explotech is deal in manufacturing and supplying a wide array of Explosives and Explosive accessories covering mainly cartridge explosives which includes Slurry Explosives, Emulsion Explosives and Detonating Fuse. Their Products are manufactured using mixture of nitrate, catering to diverse requirements. Through the expertise of their promoters in diversified field application knowledge, they have designed products that meet the stringent requirements of varied Industries which includes cement industry, mining industry and defence industry. They also supply to Border Roads Organization and Public Sector Undertakings as well. They have their manufacturing units with the technologically equipped Quality Assurance Systems which ensures high standard of inputs and outgoing products. Their Company was established in the year 2013 vide Certificate of Incorporation dated August 21, 2013 as Beezaasan
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Object of Issue (Beezaasan Explotech IPO Objectives)

  • 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
  • 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
  • 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
  • Purchase of Commercial Vehicles
  • Repayment/prepayment of all or certain of their borrowings
  • General corporate purposes

Smart Horizon Capital Advisors Private Limited is the book-running lead manager of the Beezaasan Explotech IPO. KFin Technologies Limited is the Registrar and Market Maker is 59.93 Cr. for Beezaasan Explotech IPO.

Beezaasan Explotech IPO Market Maker

Rikhav Securities Limited

Beezaasan Explotech IPO Registrar (RTA)

KFin Technologies Limited

Beezaasan Explotech IPO Lead Manager (BRLM)

Smart Horizon Capital Advisors Private Limited

Beezaasan Explotech IPO anchor investors are the below investors. The number of anchor investors in this IPO is 10.

Anchor Investors in Beezaasan Explotech IPO

No. of Anchor Investors: 10

Anchor Investor Name   No. of shares Allotted Offer Price (in Rs.) Amount Invested (in Rs.)
Mili Capital Invetsment 58,400.00 ₹175.00 ₹10,220,000.00
Saint Capital Fund 114,400.00 ₹175.00 ₹20,020,000.00
CCV EMERGING OPPORTUNITIES 58,400.00 ₹175.00 ₹10,220,000.00
Radiant Global Fund 58,400.00 ₹175.00 ₹10,220,000.00
India Equity Fund 104,800.00 ₹175.00 ₹18,340,000.00
Vikasa India EIF 114,400.00 ₹175.00 ₹20,020,000.00
Abundantia Capital VCC 114,400.00 ₹175.00 ₹20,020,000.00
Ashika Global Securities 58,400.00 ₹175.00 ₹10,220,000.00
Craft Emerging Market 114,400.00 ₹175.00 ₹20,020,000.00
Craft Emerging Market 172,000.00 ₹175.00 ₹30,100,000.00

Beezaasan Explotech IPO Draft red herring prospectus (DRHP) and Red Herring prospectus (RHP) are available below.

What is Beezaasan Explotech IPO?

Beezaasan Explotech IPO, based in Gandhinagar, operates in the   Chemical sector with a focus on produces cartridge explosives, including slurry, emulsion, and detonating explosives. The company is launching its SME IPO on the BSE SME exchange, using the Book Building Issue method. Beezaasan Explotech IPO size is ₹ 59.93 Cr. Crores with fresh issue size of Rs 59.93 Cr. Crores and Offer for sale being Nil.

When is Beezaasan Explotech IPO allotment?

The IPO allotment date for Beezaasan Explotech IPO is expected to be 27th February 2025, after the finalization of basis of allotment. Investors can check Beezaasan Explotech IPO allotment status on the registrars website, KFin Technologies Limited. Beezaasan Explotech IPO refund dates are 28th February 2025.

When is Beezaasan Explotech IPO listing date?

Beezaasan Explotech IPO is expected to be listed on 3rd March 2025.

What is the price band for Beezaasan Explotech IPO?

The upper price band for the Beezaasan Explotech IPO is set at ₹ 175.00 per equity share. IPO price band is arrived at on the basis of IPO Valuation (P/E multiple) which is mentioned in the RHP.

What is Beezaasan Explotech IPO Review?

For IPO analysis on Beezaasan Explotech IPO, explore our Financial Review Page for insights on fundamentals, peer analysis, and key IPO data, assisting investors to make informed decisions to apply or not.

How to Apply for Beezaasan Explotech IPO?

To apply for the Beezaasan Explotech IPO, investors can use the ASBA (Application Supported by Blocked Amount) process via their bank's net banking or apply through UPI using a registered broker or trading app. The IPO is available in retail, HNI, and institutional investor categories. Investors must select the lot size, enter bid details within the price band, and submit their application before the IPO closing date of 25th February 2025. After submission, funds are blocked until the basis of allotment of Beezaasan Explotech IPO is finalised.

Who is the merchant banker of Beezaasan Explotech IPO?

The merchant banker for Beezaasan Explotech IPO is Smart Horizon Capital Advisors Private Limited . Smart Horizon Capital Advisors Private Limited manages the IPO process, including underwriting, regulatory compliance, and investor coordination. Investors can refer to the Beezaasan Explotech IPO RHP for further details.

Who is the Registrar of Beezaasan Explotech IPO?

The registrar for Beezaasan Explotech IPO is KFin Technologies Limited. Investors can go to KFin Technologies Limited registrar website for IPO allotment status, refund processing, and other queries related to Beezaasan Explotech IPO through their official website or helpline.

What is the Beezaasan Explotech IPO subscription?

Beezaasan Explotech IPO was subscribed 5.43 times. Stay updated on IPO details, subscription, and allotment news for informed investment decisions.

IPO Key Highlights

  • IPO Size: ₹ 59.93 Cr. Avg IPO Size (Sector Based) : ₹ 26.24 Cr.
  • Sector: Chemical SME IPO so far: 40
  • Merchant Banker: Smart Horizon SME IPO by BRLM so far: 47
  • City: Gandhinagar SME IPO so far: 15
  • Revenue (annualised): ₹ 201.38 cr.
            PAT: (annualised): ₹ 15.86 cr.
  • PE Ratio: 13.57x Average Sector PE Ratio: 17.10x
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FAQs

Beezaasan Explotech IPO may offer opportunites, depending on your investment strategy. For in-depth analysis, risk factors, and KPIs, check our detailed report on Beezaasan Explotech Financial Review Page

Beezaasan Explotech IPO subscription was 5.43 X. IPO subscription refers to applications received in an IPO by each quota, i.e., QIB, Retail, and NII. In some IPOs, Eligible employee quota and shareholder’s quota are also present. Learn more about IPO subscriptions here.

Beezaasan Explotech IPO listed at a listing price of 146.00 against the offer price of 175.00.

The current market price of Beezaasan Explotech is 238.25.

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