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
Overall Subscription
5.50x
Total Demand
QIB Multiplier
11.52x
Institutions & Funds
NII / HNI
5.01x
High Net-Worth
Retail (RII)
2.26x
Individual Bidders
Category-Wise Subscription Breakup
Live bidding breakdown by institutional, non-institutional, and retail investors
| Category | Shares Offered | Shares Applied / Bid | Times Subscribed |
|---|---|---|---|
| QIB | 653,600 | 7,530,400 | 11.52x |
| NIB | 488,800 | 2,450,400 | 5.01x |
| RETAIL | 1,138,400 | 2,568,800 | 2.26x |
| Total | 2,280,800 | 12,549,600 | 5.50x |
Application-Wise Breakup
Total unique applications received across retail and HNI tranches
| Category | Applications Reserved | Applications Received | Times Subscribed |
|---|---|---|---|
| Retail (RII) | 1,498 | 3,385 | 2.26x |
| HNIs (10L +) | 10 | 50 | 5.01x |
| HNIs (2-10L) | 46 | 230 | 5.01x |
| Total Applications | 1,554 | 3,665 | 2.36x |
Day-Wise Subscription Progress
Track continuous institutional and retail bidding order books for all active issues on the ipo live subscription feed.
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.
Bidding & Quota Instructions:
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.
Allotment Reconciliation Schedule:
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 is Beezaasan Explotech Limited IPO GMP today?
The latest Grey Market Premium (GMP) for Beezaasan Explotech Limited IPO is ₹1 per equity share. Based on the upper price band of ₹165 to ₹175 per equity share, the estimated listing price is ₹176 (+0.6% expected listing gain).
What is the expected profit per lot for Beezaasan Explotech Limited IPO?
With a lot size of 800 shares and current GMP of ₹1, the expected profit per application lot is approx ₹800 (+0.6% gain). Minimum application cost is approx ₹1,40,000.
What is the issue size and price band for Beezaasan Explotech Limited IPO?
The Beezaasan Explotech Limited IPO aggregate issue size is ₹59.93 Crores with an equity price band set at ₹165 to ₹175 per equity share. The retail lot size is 800 shares requiring a minimum capital outlay of approx. ₹1,40,000.
How can I check Beezaasan Explotech Limited IPO live subscription demand?
Live subscription figures are compiled real-time from the NSE and BSE bidding engines. Currently, overall subscription is 5.50x (Retail: 2.26x, QIB: 11.52x, NII: 5.01x). You can track live multiples directly on our dedicated subscription page.
Where and when will Beezaasan Explotech Limited IPO allotment status be published?
The basis of allotment will be published on the official registrar portal (Kfin Technologies Limited) and the BSE status verification website on or around 2025-02-27. Investors can verify status using PAN card or application number.
When is the listing date for Beezaasan Explotech Limited IPO?
Beezaasan Explotech Limited shares are scheduled to list on BSE on 2025-03-03.