Beezaasan Explotech Limited
Beezaasan Explotech Limited specialize in manufacturing and supplying a wide range of explosives and accessories, primarily focusing on cartridge explosives such as slurry and emulsion types, along with detonating fuses. Their products, made with nitrate-based mixtures, are tailored to meet the strict demands of various industries. Backed by deep field expertise, their offerings are known for quality and reliable performance across diverse applications.
Price Band₹165 - ₹175 |
Dates21 Feb - 25 Feb |
GMP₹0 (0.00%) |
Subscriptions- |
Issue Size₹59.93 Crs |
Beezaasan Explotech IPO Objects
- Civil construction for expansion of Emulsion Explosive-3, Bulk Explosive, and Detonating Fuse plants at Bhanthala, Gujarat
- Purchase of plant and machinery for the above expansion at Bhanthala.
- Civil construction for additional storage (magazine) facility at Felsani, Gujarat.
- Purchase of a commercial vehicle
- Repayment/prepayment of certain borrowings.
- General corporate purposes.
Beezaasan Explotech IPO Details
Price Band₹165 - ₹175 |
Listing AtBSE SME |
IPO Issue Type100% Book Built Offer |
Fresh Issue₹59.93 Cr (0.34 Cr Shares) |
Offer For Sale₹0.00 (0.00 Shares) |
Total Issue₹59.93 Cr (0.34 Cr Shares) |
Face Value₹10 per equity share |
Beezaasan Explotech IPO Lot Information
| Investor Category | Lot | Shares | Amount | |
|---|---|---|---|---|
| Retail |
Minimum
1
800
1,40,000
Maximum
1
800
1,40,000
|
|||
| NII |
Minimum
2
1,600
2,80,000
|
|||
Beezaasan Explotech IPO Subscription
-
| Investor Category | Subscription (times) | Shares Offered | Shared Bid |
|---|---|---|---|
| Total | - | 0 | 0 |
Beezaasan Explotech IPO GMP
The estimated Grey Market Premium of Beezaasan Explotech IPO is ₹0 per share (0.00%)
1. GMPs are available for IPOs with listing dates from May 1, 2025, onwards.
2. The GMP prices displayed here reflect news related to grey market trends. We do not trade or deal in the grey market, including subject-to-rates, nor do we recommend participating in grey market trading.
Category Allocation
| Particulars | Allocation |
|---|---|
| QIB | Not more than 50% of net offer |
| NII | Not less than 15% of net offer |
| Retail | Not less than 35% of net offer |
| Market Maker | 1,76,000 EQ Share |
Beezaasan Explotech IPO Financials
| Particulars | Sep-24 | Mar-24 | Mar-23 | Mar-22 |
|---|---|---|---|---|
| Revenue from Operations | 101.44 | 187.90 | 229.17 | 141.91 |
| Profit after Tax | 8.33 | 4.87 | 2.94 | 2.74 |
| Net Worth | 31.12 | 23.20 | 14.34 | 10.45 |
| Total Borrowing | 39.66 | 36.94 | 43.29 | 23.93 |
| Total Assets | 82.09 | 68.99 | 61.63 | 42.30 |
| NAV per share (in ₹) | 32.77 | 28.94 | 19.42 | 15.73 |
| EPS - Basic (in ₹) | 8.35 | 6.04 | 3.98 | 4.13 |
The financial information presented is on a consolidated basis
Key Performance Indicators
| KPI | KPI |
|---|---|
| EBITDA | 5.67% |
| PAT | 2.61% |
| ROE | 25.93% |
| ROCE | 16.20% |
| Debt to Equity | 1.59 |
| PE Ratio | 28.97 |
| PB Ratio | 6.05 |
| Mkt Cap (in Crs.) | 226.12 |
- All Ratios are based on Mar 24
- PE, PB, and Post-Issue Market Capitalization are calculated based on the upper price band.
Beezaasan Explotech IPO Peer Comparision
| Particulars | Co. | Premier Explosives | Solar Industries India |
|---|---|---|---|
| Revenue from Ops (in Crs.) | 186.36 | 271.72 | 6,069.52 |
| PAT (In Crs.) | 4.87 | 28.42 | 875.23 |
| EPS - Basic | 6.04 | 5.27 | 92.38 |
| NAV per share | 28.94 | 40.95 | 365.26 |
| RONW | 20.89 | 12.91 | 26.48 |
| EBITDA | 5.67% | 21.53% | 22.56% |
| PAT Margin | 2.61% | 10.46% | 14.42% |
| Price to earning (PE) | 28.97 | 68.50 | 96.02 |
| Debt to Equity | 1.59 | 0.28 | 0.33 |
- All the information pertains to FY 2023-24
- The PE ratio is calculated using the Upper Price Band for the Issuer and the closing price as of March 31, 2024 for Peers
Beezaasan Explotech IPO Peer Comparision
| Particulars | Co. |
|---|---|
| Revenue from Ops (in Crs.) | 186.36 |
| PAT (In Crs.) | 4.87 |
| EPS - Basic | 6.04 |
| NAV per share | 28.94 |
| RONW | 20.89 |
| EBITDA | 5.67% |
| PAT Margin | 2.61% |
| Price to earning (PE) | 28.97 |
| Debt to Equity | 1.59 |
| Premier Explosives | Solar Industries India |
|---|---|
| 271.72 | 6,069.52 |
| 28.42 | 875.23 |
| 5.27 | 92.38 |
| 40.95 | 365.26 |
| 12.91 | 26.48 |
| 21.53% | 22.56% |
| 10.46% | 14.42% |
| 68.50 | 96.02 |
| 0.28 | 0.33 |
- All the information pertains to FY 2023-24
- The PE ratio is calculated using the Upper Price Band for the Issuer and the closing price as of March 31, 2024 for Peers
Promoter Details
| Name | Shareholding |
|---|---|
| Mr. Navneetkumar Radheshyam Somani | 34.67% |
| Mr. Sunilkumar Radheshyam Somani | 34.50% |
| Mr. Rajan Sunilkumar Somani | 4.04% |
| Other Promoter | 22.82% |
Management Details
| Name | Designation |
|---|---|
| Mr. Navneetkumar Radheshyam Somani | Chairman & MD |
| Mr. Kamleshkumar Bhikhabhai Panchal | CFO |
Company Details
Name : Beezaasan Explotech Limited
Address : 5th Floor, 511, Pramukh Tangent Complex, Sargasan Cross Road, S.G. Highway, Gandhinagar, Gujarat 382421, India.
Number : +91 6359607701
Email : investors@beezaasan.in
Website : www.beezaasan.com
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Visit WebsiteFrequently Asked questions?
Find answers to common questions that come in your mind related to IPO.
Beezaasan Explotech IPO is a SME IPO having an issue size of Rs. ₹59.93 Crs. Beezaasan Explotech IPO is priced at ₹165 - ₹175 per share. The issue opens on 21 Feb 25 and closes on 25 Feb 25.
Beezaasan Explotech IPO opens on 21 Feb 25 and closes on 25 Feb 25.
The estimated Grey Market Premium of Beezaasan Explotech IPO is ₹0 per share (0.00%).
The minimum lot size of Beezaasan Explotech IPO is 800 shares & the minimum application amount is Rs. 140000.
The allotment date of Beezaasan Explotech IPO is 27 Feb 25.
The listing date of Beezaasan Explotech IPO is 03 Mar 25.
Beezaasan Explotech IPO is subscribed -.
Beezaasan Explotech IPO is priced at ₹165 - ₹175 per share.
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