Beezaasan Explotech Limited

Beezaasan Explotech Limited

SME BSE SME 100% Book Built Offer
Closed

Price Band

₹165 - ₹175

Total Issue

₹59.93 Cr

Bid Dates

21 Feb - 25 Feb

Subscription

x

Est. GMP

₹0 (0.00%)

Website RHP Check Allotment

Tentative Timetable

Open
Close
Allotment
Refunds
Credit
Listing

Business Overview

Beezaasan Explotech Limited specialize in manufacturing and supplying a wide range of explosives and accessories, primarily focusing on cartridge explosives such as slurry and emulsion types, along with detonating fuses. Their products, made with nitrate-based mixtures, are tailored to meet the strict demands of various industries. Backed by deep field expertise, their offerings are known for quality and reliable performance across diverse applications.

Lot Info

Lot Information for Beezaasan Explotech IPO
Category Lots Shares Amount
Individual (Min) 1 800 ₹1,40,000
Individual (Max) 1 800 ₹1,40,000
S-HNI (Min) 2 1,600 ₹2,80,000
S-HNI (Max) 7 5,600 ₹9,80,000
B-HNI (Min) 8 6,400 ₹11,20,000
Market Maker
1,76,000 EQ Share
Employee
₹0.00
Shareholder
₹0.00

Issue Size

Total ₹59.93 Cr
Fresh Issue
₹59.93 Cr (0.34 Cr Shares)
Offer For Sale
₹0.00 (0.00 Shares)

Objects of the Issue

A1

₹B1 Cr

A2

₹B2 Cr

A3

₹B3 Cr

Grey Market Premium

GMP ₹0
Est. Price ₹175
Est. Gain 0.00%

Beezaasan Explotech IPO Peer Comparison

(Rs. in crores)

Beezaasan Explotech IPO Peer Comparison Table
Particulars Co. Premier Explosives Solar Industries India
Revenue from Ops (in Crs.) 186.36 271.72 6,069.52
PAT (In Crs.) 4.87 28.42 875.23
EPS - Basic 6.04 5.27 92.38
NAV per share 28.94 40.95 365.26
RONW 20.89 12.91 26.48
EBITDA 5.67% 21.53% 22.56%
PAT Margin 2.61% 10.46% 14.42%
Price to earning (PE) 28.97 68.50 96.02
Debt to Equity 1.59 0.28 0.33
  • All the information pertains to FY 2023-24
  • The PE ratio is calculated using the Upper Price Band for the Issuer and the closing price as of March 31, 2024 for Peers

Financial Performance

(Rs. in crores)

Financial Performance Metrics for Beezaasan Explotech IPO
Particulars Sep-24 Mar-24 Mar-23 Mar-22
Revenue from Operations 101.44 187.90 229.17 141.91
Profit after Tax 8.33 4.87 2.94 2.74
Net Worth 31.12 23.20 14.34 10.45
Total Borrowing 39.66 36.94 43.29 23.93
Total Assets 82.09 68.99 61.63 42.30
NAV per share (in ₹) 32.77 28.94 19.42 15.73
EPS - Basic (in ₹) 8.35 6.04 3.98 4.13

KPIs

EBITDA

5.67%

PAT

2.61%

ROE

25.93%

ROCE

16.20%

Debt to Equity

1.59

PE Ratio

28.97

PB Ratio

6.05

Mkt Cap (in Crs.)

226.12

  • All Ratios are based on Mar 24
  • PE, PB, and Post-Issue Market Capitalization are calculated based on the upper price band.

Shareholding

Promoter

22.82%

Public

77.18%

Mr. Navneetkumar Radheshyam Somani 34.67%
Mr. Sunilkumar Radheshyam Somani 34.50%
Mr. Rajan Sunilkumar Somani 4.04%

Management

Mr. Navneetkumar Radheshyam Somani Chairman & MD
Mr. Kamleshkumar Bhikhabhai Panchal CFO

Registrar & Lead Managers

Lead Managers (1)

Subscription Status

Updated as on Last updated time: N/A

BSE SME Subscription Status for Beezaasan Explotech IPO
Category Sub (x) Offered Bids
Total -0.08x 22,80,800 -1,76,000

Frequently Asked Questions

What is Beezaasan Explotech IPO?
Beezaasan Explotech IPO is a SME IPO having an issue size of ₹59.93 Crs. Beezaasan Explotech IPO is priced at ₹165 - ₹175 per share. The issue opens on 21 Feb 25 and closes on 25 Feb 25.
When will Beezaasan Explotech IPO open?
Beezaasan Explotech IPO opens on 21 Feb 25 and closes on 25 Feb 25.
What is the GMP of Beezaasan Explotech IPO?
The estimated Grey Market Premium of Beezaasan Explotech IPO is ₹0 per share (0.00%).
What is the lot size of Beezaasan Explotech IPO?
The minimum lot size of Beezaasan Explotech IPO is 800 shares & the minimum application amount is Rs. 140000.
When is the allotment of Beezaasan Explotech IPO?
The allotment date of Beezaasan Explotech IPO is 27 Feb 25.
What is the listing date of Beezaasan Explotech IPO?
The listing date of Beezaasan Explotech IPO is 03 Mar 25.
What is the subscription of Beezaasan Explotech IPO?
Beezaasan Explotech IPO is subscribed - times.
What is the price band of Beezaasan Explotech IPO?
Beezaasan Explotech IPO is priced at ₹165 - ₹175 per share.
How to check allotment status of Beezaasan Explotech IPO?
Click the allotment link on Beezaasan Explotech IPO page of IPO360.
How to apply Beezaasan Explotech IPO in Zerodha?
  1. Go to Kite App → Tap on Bids → Tap on IPO
  2. Select the IPO → Tap on apply → Enter UPI ID
  3. Enter Qty and Price
  4. Submit the application
  5. Approve the UPI Mandate on your UPI app
How to apply Beezaasan Explotech IPO in Groww?
  1. Go to Groww App → Stocks Section → Select IPO option
  2. Select the IPO you want to apply
  3. Enter your bid details and price
  4. Enter UPI ID & submit
  5. Approve the UPI Mandate on your UPI app
How to apply Beezaasan Explotech IPO using ASBA?
  1. Log in to your bank's net banking portal.
  2. Navigate to the 'IPO' or 'ASBA' section.
  3. Select Beezaasan Explotech IPO from the list of available IPOs.
  4. Enter the required details: Bid quantity, Price, DP ID & Client ID, etc
  5. Submit the application.
  6. Money will remain blocked till the refund date