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IPO Synopsis


Beezaasan Explotech Ltd

Registered Office: 5th Flr 511 Pramukh Tangent,Complex Sargasan Cr.Rd S.G.Hig, Gandhinagar - 382421, Gujarat, India.
Phone : +91 63596 07701   Fax:
Email :  investors@beezaasan.in  
Website :  www.beezaasan.com

Initial public offer of upto 34,24,800 equity shares of face value of Rs. 10/- each (The "Equity Shares") of Beezaasan Explotech Limited ("The Company" or "Beezaasan Explotech" or "The Issuer") for cash at a price of Rs. 175 per equity share including a share premium of Rs. 165 per equity share (The "Issue Price") aggregating to Rs. 59.93 crores ("The Issue"), of which upto 1,76,000 equity shares of face value of Rs. 10/- each for cash at a price of Rs. 175 per equity share including a share premium of Rs. 165 per equity share aggregating to Rs. 3.08 crores will be reserved for subscription by market maker to the issue (The "Market Maker Reservation Portion"). The issue less the market maker reservation portion i.e., net issue of upto 32,48,800 equity shares of face value of Rs. 10/- each at a price of Rs. 175 per equity share including a share premium of Rs. 165 per equity share aggregating to Rs. 56.85 crores is herein after referred to as the "Net Issue". The issue and the net issue will constitute 26.51% and 25.14% Respectively of the post issue paid up equity share capital of the Company. The face value of the equity share is Rs. 10 each. The issue price is 17.5 times the face value of the equity shares.

Issue Money Payable On
Opens on Closes On Application Allotment
21-Feb-25 25-Feb-25 175.00-0.00 0.00-0.00
Minimum Application for shares in Nos : 800   Further Multiples of : 800
  Rs(Cr.) Lead Managers to the Issue
Project Cost 52.34 Smart Horizon Advisors Pvt Ltd
Project Financed through Current Offer 59.93  
Post Issue Equity Share Capital 12.92  
Issue Price 175.00  

Project

  • Funding the capitel exp towards civil construction required for expansion of existing mfg unit for emulsion explosive-3 plant, emulsion explosive plant and detonating fuse plant at the existing mfg facility at
  • Funding of capital exp towards purchase of plant and machinery for expansion of existing mfg unit for emulsion explosive-3 plant emulsion bulk explosive plant and detonating fuse plant at the existing mfg facility at
  • Funding of capital exp towards civil construction required for expansion of additional magazine (storage) facility required for emulsion cartridge explosives and detonating fuse at the existing location at
  • Purchase of commercial vehicle
  • Repayment/prepayment of all or its borrowings availed by the company
  • General corporate purposes

Promoted By

Naveenkumar Radheshyam Somani

Sunilkumar Radheshyam Somani

Rajan Sunilkumar Somani

Listing At

BSE - SME

Registrar to the Issue

KFin Techologies Ltd