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Beezaasan Explotech Ltd.

Chemicals

IPO Details
  • Issue Type Book building
  • Price range Rs.165-175
  • Market Lot 800
  • Total Equity Shares 2456800
  • Face Value Rs. 10
  • Listing Date Mar 03, 2025
IPO Timeline
Opening date Feb 21, 2025
Closing date Feb 25, 2025
Listing Date Mar 03, 2025

IPO Details

We deal in manufacturing and supplying a wide array of Explosives and Explosive accessories covering mainly cartridgeexplosives which includes Slurry Explosives, Emulsion Explosives and Detonating Fuse. Our Products are manufacturedusing mixture of nitrate, catering to diverse requirements. Through the expertise of our promoters in diversified fieldapplication knowledge, we have designed products that meet the stringent requirements of varied Industries which includescement industry, mining industry and defence industry. we also supply to Border Roads Organization and Public SectorUndertakings as well. We have our manufacturing units with the technologically equipped Quality Assurance Systemswhich ensures high standard of inputs and outgoing products.

Projects

1. Project Name: Funding the Capital expenditure towards civil construction required for Expansion of existing manufa

Project Cost: 38.747

2. Project Name: Funding of Capital expenditure towards purchase of Plant and Machineries for Expansion of existing

Project Cost: 230.43

3. Project Name: Funding of Capital expenditure towards civil construction required for Expansion of additional magaz

Project Cost: 20.256

4. Project Name: Purchase of Commercial Vehicle

Project Cost: 14.44

5. Project Name: Repayment/prepayment of all or certain of our borrowings availed of by our Company

Project Cost: 180

6. Project Name: General Corporate Purpose

Project Cost: 39.493

Promoters

Prmoters Name

1. Navneetkumar Radheshyam Somani

2. Sunilkumar Radheshyam Somani

3. Rajan Sunilkumar Somani

4. Navneet R Somani HUF

5. Sunil R Somani HUF

Prmoters Holdings
  • Pre Share Capital: 9118580
  • Pre Promoter Holding: 96.02
  • Offer to Public: 2456800
  • Post Share Capital: 9118580
  • Post Promoter Holding: 70.57

Registrar

Registrar Name:Karvy Computershare Pvt Ltd
Phone: 91-040-67161500
Email: einward.ris@karvy.com
Website: www.karvy.com

Lead Managers

  • Smart Horizon Capital Advisors Pvt Ltd.

Subscription Details

Field Description Field Value
Ipo Code 3285
Total Equity 2456800

Field Description Field Value
No of Shares Offered/Reserved For Qualified Institutional Buyers 653600
No of Shares Bid For Qualified Institutional Buyers 7530400
Total No of Shares Bid For Qualified Institutional Buyers 11.52
No of Shares Offered/Reserved For Foreign Institutional Buyers 0
No of Shares Bid For Foreign Institutional Buyers 1538400
Total No of Shares Bid For Foreign Institutional Buyers 0.00
No of Shares Offered/Reserved For Mutual Fund 0
No of Shares Bid For Mutual Fund 0
Total No of Shares Bid For Mutual Fund 0.00
No of Shares Offered/Reserved For Qualified Institutional Buyers - Others 0
No of Shares Bid For Qualified Institutional Buyers - Others 5992000
Total No of Shares Bid For Qualified Institutional Buyers - Others 0.00

Field Description Field Value
No of Shares Offered/Reserved For Non-Institutional Buyers 664800
No of Shares Bid For Non-Institutional Buyers 2450400
Total No of Shares Bid For Non-Institutional Buyers 3.69
No of Shares Offered/Reserved For Corporate 0
No of Shares Bid For Corporate 243200
Total No of Shares Bid For Corporate 0.00
No of Shares Offered/Reserved For Individuals 0
No of Shares Bid For Individuals 2184000
Total No of Shares Bid For Individuals 0.00
No of Shares Offered/Reserved For Individuals - Others 0
No of Shares Bid For Individual Others 23200
Total No of Shares Bid For Individual Others 0.00

Field Description Field Value
No of Shares Offered/Reserved For Retail Individual Investor 1138400
No of Shares Bid For Retail Individual Investor 2567200
Total No of Shares Bid For Retail Individual Investor 2.26
No of Shares Offered/Reserved For Retail Individual Investor - Cutoff 0
No of Shares Bid For Retail Individual Investor - Cutoff 1824800
Total No of Shares Bid For Retail Individual Investor - Cutoff 0.00
No of Shares Offered/Reserved For Retail Individual Investor 0
No of Shares Bid For Retail Individual Investor 742400
Total No of Shares Bid For Retail Individual Investor 0.00

Field Description Field Value
No of Shares Offered/Reserved For Employee 0
No of Shares Bid For Employee 0
Total No of Shares Bid For Employee 0.00
No of Shares Offered/Reserved Employee - Cutoff 0
No of Shares Bid For Employee - Cutoff 0
Total No of Shares Bid For Employee - Cutoff 0.00
Total No of Shares Bid Offered/Reserved For Employee 0
No of Shares Bid Offered/Reserved For Employee 0
Total No of Shares Bid For Employee 0.00

Field Description Field Value
No of Shares Offered/Reserved For All 2456800
No of Shares Bid For All 12548000
Total 5.11