Beezaasan Explotech Limited
Feb 21, 2025 - Feb 25, 2025
Beezaasan Explotech Limited IPO Details
Status
listed
Issue Price
₹165.00 - ₹175.00
Lot Size
800 Shares
Subscription
5.43 times
Listing Price
₹146 (-16.57%)
Face Value
₹10 Per share
Issue Size
Approx ₹59.93 Cr
Fresh Issue
Approx ₹59.93 Cr
Total Shares Offered
-
Retail Quota
35%
QIB Quota
50%
HNI Quota
15%
Retail Approx
-
S-HNI Approx
-
B-HNI Approx
-
Issue Type
Book Built Issue IPO
Listing On
BSE SME
Registrar
Kfin Technologies Limited
BSE Code
544369
IPO Tentative Timetable
Valuation
Earning Per Share (EPS)
₹6.04
Price/Earning P/E Ratio
N/A
Return on Net Worth (RoNW)
20.89%
Net Asset Value (NAV)
₹28.94
Promoters
Pre issue Share Holding
96.02%
Post issue Share Holding
70.57%
Company Promoters
- Mr Navneetkumar Radheshyam Somani
- Mr Sunilkumar Radheshyam Somani
- Mr Rajan Sunilkumar Somani
- M/s. Navneet R Somani HUF
- M/s. Sunil R Somani HUF
Lead Managers
Smart Horizon Capital Advisors Private Limited
Live Subscription
| Date | QIB | NII* | Retail | Total |
|---|---|---|---|---|
| Feb 21, 2025 | 0.61 | 0.44 | 0.33 | 0.43 |
| Feb 24, 2025 | 1.56 | 0.18 | 0.71 | 0.84 |
| Feb 25, 2025 | 11.52 | 4.65 | 2.26 | 5.43 |
Lot Size
| Application | Lots | Shares | Amount |
|---|---|---|---|
| Retail (Min) | 1 | 800 | ₹1,40,000 |
| Retail (Max) | 1 | 800 | ₹1,40,000 |
| HNI (Min) | 2 | 1,600 | ₹2,80,000 |
IPO Reservation
| Investor Category | Shares Offered |
|---|---|
| Anchor Investor Shares Offered | 9,68,000 (28.26%) |
| Market Maker Shares Offered | 1,76,000 (5.14%) |
| QIB Shares Offered | 6,53,600 (19.08%) |
| NII (HNI) Shares Offered | 4,88,800 (14.27%) |
| Retail Shares Offered | 11,38,400 (33.24%) |
| Total Shares Offered | 34,24,800 (100%) |
Company Financial
| Period Ended | 30 Sep 2024 | 31 Mar 2024 | 31 Mar 2023 | 31 Mar 2022 |
|---|---|---|---|---|
| Assets | 82.09 | 68.99 | 61.63 | 42.3 |
| Revenue | 101.44 | 187.9 | 229.17 | 141.91 |
| Profit After Tax | 8.33 | 4.87 | 2.94 | 2.74 |
| Net Worth | 31.12 | 23.2 | 14.34 | 10.45 |
| Reserves and Surplus | 21.63 | 13.7 | 6.95 | 3.7 |
| Total Borrowing | 39.66 | 36.94 | 43.29 | 23.93 |
About Company
The company's manufacturing facility is located in Gujarat and holds multiple quality certifications, including ISO 9001:2015 for Quality Management Systems, ISO 14001:2015 for Environmental Management, and ISO 45001:2018 for Occupational Health and Safety Management.
As of March 31, 2024, the company has a nationwide presence in India, with a client base across 11 states and 2 Union Territories. As of September 30, 2024, the company employed 188 people across its manufacturing plant, corporate office, and registered office.
The company serves as a one-stop solution for explosive products. It has long-standing relationships with key customers and suppliers. The management team has extensive experience in the industry. The company continuously focuses on developing novel and innovative products.
Company Contact
5th floor, 511, pramukh tangent complexpramukh tangent complex, sargasan cross roads.g. highway, gandhinagar, -382421
Phone: +91 6359607701
Email: investors@beezaasan.in
Website: http://www.beezaasan.com/
Registrar Contact
Phone: 04067162222, 04079611000
Email: bel.ipo@kfintech.com