Beezaasan Explotech Limited (BSE SME)
Feb 21, 2025 - Feb 25, 2025
| Price | ₹165 - ₹175 |
| Premium | ₹1 |
|---|---|
| Lot size | 800 |
| Allotment | Feb 27, 2025 |
| Listing | Mar 3, 2025 |
| Category | Lot(s) | Qty | Amount | Reserved |
|---|---|---|---|---|
| Retail | 1 | 800 | 140000 | 1423 |
| HNI | 2 | 1600 | 280000 | 611 |
Last updated on 25-Feb-2025 17:14:01
| Category | Offered | Applied | Times |
|---|---|---|---|
| QIBs | 653600 | 7530400 | 11.52 |
| HNIs | 488800 | 2450400 | 5.01 |
| Retail | 1138400 | 2568800 | 2.26 |
| Total | 2280800 | 12549600 | 5.5 |
| Total Applications: 4645 | |||
| QIB Interest Cost Per Share (7 Days) | |||||
|---|---|---|---|---|---|
| @7% ₹2.7 | @8% ₹3.1 | @9% ₹3.5 | @10% ₹3.9 | @11% ₹4.3 | @12% ₹4.6 |
| HNI Interest Cost Per Share (7 Days) | |||||
|---|---|---|---|---|---|
| @7% ₹1.2 | @8% ₹1.3 | @9% ₹1.5 | @10% ₹1.7 | @11% ₹1.8 | @12% ₹2 |
IPO Reservation
| Investor Category | Shares Offered | No. of Shares |
|---|---|---|
| Retail | 33.24% | 1138400 |
| NII (HNI) | 14.27% | 488800 |
| Anchor | 28.26% | 968000 |
| QIB | 19.08% | 653600 |
| Market Maker | 5.14% | 176000 |
| Total | 100.00% | 3424800 |
Beezaasan Explotech IPO Details
| Issue Size | 34,24,800 shares (aggregating up to ₹59.93 Cr) |
| Fresh Issue | 34,24,800 shares (aggregating up to ₹59.93 Cr) |
| Issue Type | Book Built Issue IPO |
| Listing At | BSE SME |
| Share Holding Pre Issue | 94,96,333 shares |
| Share Holding Post Issue | 1,29,21,133 shares |
| Market Maker Portion | 1,76,000 shares |
| Market Maker | Rikhav Securities |
Key Performance Indicator
| KPI | Sep-24 | Mar-24 | Mar-23 |
|---|---|---|---|
| ROE | 30.67% | 25.93% | 23.69% |
| ROCE | 17.79% | 16.20% | 12.90% |
| RONW | 25.46% | 20.89% | 20.48% |
| D/E | 1.27 | 1.59 | 3.02 |
| EPS (basic) | 8.35 | 6.04 | 3.98 |
| P/E Pre IPO | 34.15 | ||
| P/E Post IPO | 13.57 |
Company Financials In Crores
| Period Ended | Sep-24 | Mar-24 | Mar-23 | Mar-22 |
|---|---|---|---|---|
| Assets | 82 | 69 | 62 | 42 |
| Revenue | 101 | 188 | 229 | 142 |
| Profit After Tax | 8 | 5 | 3 | 3 |
| Net Worth | 31 | 23 | 14 | 10 |
| Reserves and Surplus | 22 | 14 | 7 | 4 |
| Total Borrowing | 40 | 37 | 43 | 24 |
About Company
Beezaasan Explotech Limited, incorporated in August 2013, manufactures and supplies a comprehensive range of explosives and explosive accessories, primarily catering to the cement, mining, and defense industries. The company specializes in producing high-quality cartridge explosives, including slurry explosives, emulsion explosives, and detonating explosives. Its 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. The company's product portfolio consists of chemical explosives, and as of March 31, 2024, it has established a PAN India presence, serving clients across 11 states and 2 Union Territories. As of September 30, 2024, Beezaasan Explotech employed 188 people across its manufacturing plant, corporate office, and registered office.
Comprehensive Explosives Solutions – Beezaasan Explotech offers a wide range of high-quality cartridge explosives, making it a one-stop solution for the cement, mining, and defense industries.
Strong Customer & Supplier Relationships – The Company has built long-standing relationships with key clients and suppliers, ensuring steady demand and a reliable supply chain.
Experienced Leadership – Led by a skilled management team, the company benefits from industry expertise and strategic decision-making for sustainable growth.
Regulatory Compliance Risks – Operating in a highly regulated sector, any failure to obtain or renew necessary licenses, permits, or approvals could adversely impact business operations and financial performance.
Hazardous Material Risks – The use of hazardous raw materials and products poses safety risks, and any accidents could lead to liabilities, legal disputes, and reputational damage.
Supplier Dependence – Reliance on a specific supplier without long-term agreements increases the risk of supply chain disruptions, raw material shortages, or cost fluctuations affecting operations and profitability.
Phone: 04067162222, 04079611000
Email: bel.ipo@kfintech.com
Website: https://kosmic.kfintech.com/ipostatus/