247  Total SME IPOs listed in 2024

9572.65 Crs.  Total funds raised in 2024

223  SME IPOs listed with Gain in 2024

24  SME IPOs listed with loss in 2024

247  Total SME IPOs listed in 2024

9572.65 Crs.  Total funds raised in 2024

223  SME IPOs listed with Gain in 2024

24  SME IPOs listed with loss in 2024

247  Total SME IPOs listed in 2024

9572.65 Crs.  Total funds raised in 2024

223  SME IPOs listed with Gain in 2024

24  SME IPOs listed with loss in 2024

247  Total SME IPOs listed in 2024

9572.65 Crs.  Total funds raised in 2024

223  SME IPOs listed with Gain in 2024

24  SME IPOs listed with loss in 2024

     List of All Upcoming SME IPOs
Beezaasan Explotech Limited

Gandhinagar

Date of DRHP : 30 Nov 2024

Issue Type : Book Building Process

IPO Type :
SME IPO

Beezaasan Explotech Basic Details

   Chemical

Sub Sector: Manufacturing and supplying a wide array of Explosives and Explosive accessories

Exchange:
BSE Emerge

About the Company

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 Explotech Private Limited with Mr. Devi Singh Kachhwaha, Mr. Satya Prakash Heda, Mr. Navneetkumar Radheshyam Somani, Mr. Sunilkumar Radheshyam Somani, Ms. Manisha Navneet Somani, Ms. Komalben Sunilkumar Somani and Ms. Pushpaben Radheshyam Shah as the initial subscribers of their Company. Their Company’s name was changed to Beezaasan Explotech Limited pursuant to conversion of Private Limited to Public Limited Company and vide issuance of Fresh Certificate of Incorporation dated July 30, 2024.

Financial Summary (Annualised Basis)

Revenue :
264.16 Cr.

PAT :
15.32 Cr.

Beezaasan Explotech IPO Lead Manager(s)

Smart Horizon Capital Advisors Private Limited

Beezaasan Explotech IPO Registrar

KFin Technologies Limited

Beezaasan Explotech DRHP Details

Objects 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

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FAQs

Beezaasan Explotech operates in Chemical and Manufacturing and supplying a wide array of Explosives and Explosive accessories. The Issue would be listed on SME. The registrar of the Issue is KFin Technologies Limited. The IPO type of Beezaasan Explotech is Book Building Process and Object of issue is

  • 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

The DRHP (Draft Red Herring Prospectus) of Beezaasan Explotech IPO was filed on 30 Nov 2024.

No, Beezaasan Explotech IPO is not yet listed. See other upcoming SME IPOs here.

The IPO open date and IPO close date of Beezaasan Explotech are not available now. You can apply in Beezaasan Explotech IPO online using either UPI or ASBA as a payment method. ASBA IPO application can be done through net banking of your bank account. UPI IPO application is also offered by brokers, though they don't handle any banking services.

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