
Materials / 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
+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: 19 Oct 2026
Current Premium
Issue Price (Upper)
₹175
Band: ₹165 – ₹175
Estimated Listing Price
₹176
Upper price + GMP
Lot Size
800 shares
Min investment ₹1,40,000
Estimated Profit / Lot
₹800
800 × ₹1
Grey Market Premium trend
+₹1
▲ 0 today
Updated less than a minute ago
| Date | GMP (₹) | GMP % | Est. Listing |
|---|---|---|---|
| 31 Oct 2026 | +₹1 | 0.6% | ₹176 |
| 30 Oct 2026 | +₹1 | 0.6% | ₹176 |
| 29 Oct 2026 | +₹1 | 0.5% | ₹176 |
GMP is unofficial market data. Not a guarantee of listing performance.
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.
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.
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.
The latest grey market premium for Beezaasan Explotech Limited IPO is ₹1, which indicates an expected listing price of ₹176.
Kostak rate is the profit amount an investor earns by selling their entire IPO application in the grey market before allotment is finalized.
No. GMP is an unofficial indicator discovered between dealers outside of SEBI-regulated exchanges. Actual listing price is determined by demand-supply discovery on NSE/BSE during the pre-open auction.