Beezaasan Explotech Limited
ListedSMEMaterials / Chemicals · BSE
Beezaasan Explotech Limited, incorporated in August 2013, is a specialized manufacturer and supplier of explosives and explosive accessories, serving key sectors such as cement, mining, and defense. The company produces a wide range of high-quality cartridge explosives, including slurry, emulsion, and detonating explosives, supported by a well-equipped manufacturing facility in Gujarat. Its operations adhere to stringent quality and safety standards, holding ISO 9001:2015 for Quality Management, ISO 14001:2015 for Environmental Management, and ISO 45001:2018 for Occupational Health and Safety. With a product portfolio focused on chemical explosives, Beezaasan Explotech has expanded its reach across India, serving clients in 11 states and 2 Union Territories as of March 31, 2024. As of September 30, 2024, the company employed 188 personnel across its plant, corporate office, and registered office, reflecting its growing operational scale and industry presence.
Price Band
₹165 – ₹175
Issue Size
₹59.93 Cr
Lot Size
800 shares
GMP
₹1
+0.6%
Est. Listing
₹176
at current GMP
Subscribed
5.50x
overall
Open
21 Feb 2025
Close
25 Feb 2025
Allotment
27 Feb 2025
Refund
28 Feb 2025
Demat Credit
1 Mar 2025
Listing
3 Mar 2025
Last updated 12 days ago
Official Registrar Verification
Beezaasan Explotech Limited Allotment Status
Designated Registrar: Kfin Technologies Limited
Allotment Date
27 Feb 2025
Basis finalization
Refunds Initiate
28 Feb 2025
Mandate release
Demat Credit
1 Mar 2025
Shares in demat
Listing Debut
3 Mar 2025
Trading begins
How to Check Beezaasan Explotech Limited IPO Allotment Status
- Click the Check on Registrar button above to visit Kfin Technologies Limited's allotment portal.
- Select Beezaasan Explotech Limited from the dropdown company list.
- Choose your lookup mode: PAN Number, Application Number, or DP Client ID.
- Enter your details accurately and solve the Captcha code.
- Click Submit / Search to view the number of shares applied and allotted to you.
About Beezaasan Explotech Limited Public Issue & Market Profile
Beezaasan Explotech Limited is bringing an initial public offering (IPO) in the Materials / Chemicals sector with an aggregate issue size of ₹59.93 Crores. The shares are offered at a price band of ₹165 to ₹175 per equity share on BSE. Currently, market analysts recommend evaluating the company's financial valuation, price-to-earnings (P/E) multiple, and peer comparison prior to submitting bids.
Public Issue & Allotment Procedure:
The public offer consists of a fresh issue and offer-for-sale structured under SEBI regulations. Bidding is open to Qualified Institutional Buyers (QIB), Non-Institutional Bidders (NII/HNI), and Retail Individual Investors (RII). Applications can be submitted online using ASBA or UPI mandate through certified stock brokers and net banking portals.
Official Allotment Timelines & Registrar Guidance:
Following the close of bidding on 2025-02-25, the basis of allotment is scheduled to be finalized on 2025-02-27. Investors can verify their application status online by submitting their PAN card number, Application Number, or DP Client ID on the registrar's official portal (Kfin Technologies Limited) or the BSE allotment checking window.
Frequently Asked Questions
What if my name is not showing on the registrar portal?
Allotment records are updated in batches. If the status is not yet available, please wait a few hours until the basis of allotment is fully finalized.
How will I receive the refund if I don't get allotment?
Since funds are blocked under ASBA/UPI, the bank will automatically release the blocked hold on your funds upon receipt of revocation instructions from the sponsor bank.