43  Total SME IPOs listed in 2025

1993.07 Crs.  Total funds raised in 2025

32  SME IPOs listed with Gain in 2025

11  SME IPOs listed with loss in 2025

43  Total SME IPOs listed in 2025

1993.07 Crs.  Total funds raised in 2025

32  SME IPOs listed with Gain in 2025

11  SME IPOs listed with loss in 2025

43  Total SME IPOs listed in 2025

1993.07 Crs.  Total funds raised in 2025

32  SME IPOs listed with Gain in 2025

11  SME IPOs listed with loss in 2025

43  Total SME IPOs listed in 2025

1993.07 Crs.  Total funds raised in 2025

32  SME IPOs listed with Gain in 2025

11  SME IPOs listed with loss in 2025

Beezaasan Explotech Limited IPO (Beezaasan Explotech IPO) Details

Beezaasan Explotech Limited is an Chemical based company, located in Gandhinagar, Beezaasan Explotech Limited IPO size was 59.93 Cr. and was issued at 175.00 per share. The share of Beezaasan Explotech Limited were listed at 146.00 per share and are currently trading at 167.90 per share.

Type :
Sub Sector : Produces Cartridge Explosives, Including Slurry, Emulsion, And Detonating Explosives
SME IPO
BSE SME

Financial Summary (at the time of ipo, on annualised basis)

Revenue :
202.88 Cr.

PAT :
16.66 Cr.

Pricing Report

Issue Price :
175.00

Listing Price :
146.00

Current Market Price :
167.90

Issue Price vs CMP :
7.1 (4.06%)

listing Price vs CMP :
21.9 (15.00%)

Performance Report (CAGR* wise)

CAGR : -91.95
-ve 0 6 9 12+
Below Average

*CAGR is calculated basis issue price at the time of IPO and Current Market Price without taking into Consideration Bonus/Right issue.

*Stock splits/Reverse Stock Split are adjusted in Issue price while calculating CAGR and current performance.

About Beezaasan Explotech

Company Information
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
  • 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

Beezaasan Explotech SME IPO Details (at the time of IPO)

IPO Type :
Book Building
IPO Date :
Mar, 2025
IPO Size :
59.93 Cr.
Market Cap :
226.12 Cr.   
IPO Subscription :
5.43 X     
PE Multiple :
13.57
IPO Registrar:
KFin Technologies Limited
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FAQs

Beezaasan Explotech operates in Chemical and Produces Cartridge Explosives, Including Slurry, Emulsion, And Detonating Explosives. The Issue is listed on BSE SME in Mar, 2025. Beezaasan Explotech IPO size was 59.93 Cr. with Issue price of 175.00 .

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 167.90.

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