Beezaasan Explotech IPO Review: Apply or Avoid?
Posted by : sachet | Thu Feb 20 2025
Beezaasan Explotech IPO is open for bidding on 21st February 2025. It is a book-built issue of 34,24,800 shares worth Rs 59.93 crore. It is entirely a fresh issue of 34,24,800 shares worth Rs 59.93 crore. The issue will be listed on BSE and SME on its tentative listing date, 3rd March 2025.
Beezaasan Explotech IPO
Beezaasan Explotech IPO date is fixed between 21st February 2025 and 25th February 2025. The face value of Beezaasan Explotech Limited shares stands at Rs 10 per share, and the Beezaasan Explotech IPO price band is set at Rs 165 to Rs 175 per share.
Kfin Technologies Limited is the registrar of Beezaasan Explotech IPO, awaiting to handle allotment and refund initiation procedures in the IPO. Download Beezaasan Explotech IPO RHP to check out the further IPO details in the table below.
Beezaasan Explotech IPO Details
| IPO Open Date | 21st February 2025 |
| IPO Close Date | 25th February 2025 |
| IPO Allotment Date | 27th February 2025 |
| Refund Initiation | 28th February 2025 |
| Issue Size | 34,24,800 shares (worth Rs 59.93 crore) |
| Face Value | Rs 10 per share |
| Lot Size | 800 shares |
| Price Band | Rs 165 to Rs 175 per share |
| Market Makers Portion | 1,76,000 shares |
| Issue Type | Book Built Issue (Fresh Issue) |
| Listing At | BSE & SME |
| Listing Date | 3rd March 2025 |
Beezaasan Explotech IPO GMP (Grey Market Premium)
GMP is the difference between the issue’s fixed price and the price at which the company’s shares are trading in the grey market. Do you want to get live updates on Beezaasan Explotech IPO GMP? If yes, then you’ve reached the right spot. Go through the table below to know about the IPO GMP trends.
| GMP Date | GMP | Estimated Listing Price | Estimated Listing Gains |
| 20-02-2025 | Rs 0 | Rs 175 | 0.00% |
| 19-02-2025 | Rs 0 | Rs 175 | 0.00% |
| 18-02-2025 | Rs 0 | Rs 175 | 0.00% |
| 17-02-2025 | Rs 0 | Rs 175 | 0.00% |
| 16-02-2025 | Rs 0 | Rs 175 | 0.00% |
| 15-02-2025 | Rs 0 | Rs 175 | 0.00% |
| 14-02-2025 | Rs 0 | Rs 175 | 0.00% |
*Data is updated as of 20th February 2025.
As of now, on 20th February 2025, Beezaasan Explotech IPO GMP stands at Rs 0 per share, which means the share will likely show a flat listing at Rs 1 (175+0) on its tentative listing date, 3rd March 2025.
GMP data is subject to change based on market volatility and fluctuations. You should check the live GMP status before applying for Beezaasan Explotech IPO. Stay updated with this article to know about live data on IPOs and their GMP trends.
Beezaasan Explotech IPO Reservation
Beezaasan Explotech IPO is a book-built issue of 34,24,800 shares worth Rs 59.93 crore. Beezaasan Explotech Limited shares will be listed on BSE and SME. Furthermore, the SEBI has specified the share reservation criteria for different investors’ categories.
| Investor Categories | Reservation Required |
| QIB | <50% of total issue |
| Retail Investors | >35% of total issue |
| NII (sNII+bNII) | >15% of total issue |
| Total | 100% |
Note: QIB (Qualified Institutional Buyers), NII (Non-Institutional Investors), sNII (Small Non-Institutional Investors), bNII (Big Non-Institutional Investors).
Beezaasana Explotech IPO Review
Have a look at the detailed review of Beezaasan Explotech IPO for a thorough understanding of its potential to deliver listing gains on 3rd March 2025. The Beezaasan Explotech IPO review below will help you invest effectively to avoid significant losses. Explore the detailed IPO review in the below section.
Financial Health
Evaluate the financials of Beezaasan Explotech Limited as part of the IPO review. This would help you make an informed investment decision on the Beezaasan Explotech IPO application.
During FY23-24, the revenue of Beezaasan Explotech Limited stood at Rs 229.17 crore, which declined by 18.00% to Rs 187.90 crore. On the other hand, the PAT of the company was raised by 65.64% from Rs 2.94 crore to Rs 4.87 crore.
Beezaasan Explotech Limited has reported constant profit growth, which states that the company is financially stable. Moreover, the brokers, investors, and SEBI RAs are neutral for Beezaasan Explotech IPO for its tentative listing day, 3rd March 2025.
Technical Analysis
Many technical indicators are available to assess a company’s potential to deliver returns. To analyse the technicals of Beezaasan Explotech IPO, use the parameters mentioned below.
| Key Indicators | Value |
| PE Ratio (Price-to-Earnings) | 34.15 |
| PB Ratio (Price-to-Book) | 6.05 |
| EPS (Earnings Per Share) | 5.12 |
| RoNW | 20.89% |
| ROE | 25.93% |
| ROCE | 16.20% |
| PAT Margin (Profit After Tax) | 2.61 |
| Market Capitalisation | Rs 226.12 crore |
*Data is updated as of 20th February 2025.
The PE ratio of Beezaasan Explotech Limited shares is 34.15, and its Earnings Per Share stands at 5.12. The Beezaasan Explotech IPO can potentially deliver gains on its tentative listing date, 3rd March 2025.
Beezaasan Explotech Limited Peer Comparison
| Company Name | Revenue (in cr.) | PE Ratio | Face Value (in Rs) | EPS (in Rs) | RoNW (in %) | Dividend Yield | NAV (in Rs) |
| Beezaasan Explotech Limited | 187.90 | 34.15 | 10 | 5.12 | 20.89% | N/A | 28.94 |
| Premier Explosives Limited | 86.79 | 64.50 | 2 | 5.90 | 12.91% | 0.13% | 43.81 |
| Solar Industries India Limited | 1,628.10 | 71.04 | 2 | 124.02 | 26.00% | 0.10% | 419.32 |
*Data is updated as of 20th February 2025.
Note: The data as mentioned above is taken from authentic sources and highlights pre-issue information. PE ratio and EPS of Beezaasan Explotech Limited are subject to change after the IPO. Explore the table below to get post-issue updates on these two metrics.
| Indicators | Pre-IPO | Post-IPO |
| PE Ratio | 34.15 | 13.57 |
| EPS | 5.12 | 12.89 |
*Data is updated as of 20th February 2025.
Beezaasan Explotech IPO Subscription Status
Beezaasan Explotech IPO is open for bidding from 21st February 2025 to 25th February 2025. However, the live subscription status for this IPO is yet to be announced. Stay informed about the live Beezaasan Explotech IPO Subscription Status in this article.
| Investor Category | Shares Offered | Shares Subscribed | Subscription in Times |
| Retail Investors | Yet to be announced | Yet to be announced | Yet to be announced |
| QIB | Yet to be announced | Yet to be announced | Yet to be announced |
| NII (sNII+bNII) | Yet to be announced | Yet to be announced | Yet to be announced |
| Market Maker | 1,76,000 | 1,76,000 | 1 time |
| Total | Yet to be announced | Yet to be announced | Yet to be announced |
*Data is updated as of 20th February 2025.
About Beezaasan Explotech Limited
Beezaasan Explotech Limited was incorporated in August 2013 and manufactures explosive accessories. The company also supplies cartridge explosives such as slurry, emulsion, and detonating explosives. There are several chemical explosives covering the company’s product portfolio. Its manufacturing facility is located in Gujarat. Beezaasan Explotech Limited’s manufacturing facility has several quality certifications, such as ISO 9001:2015 for Quality Management Systems (QMS), ISO 14001:2015 for Environmental Management, and ISO 45001:2018 for Occupational Health and Safety Management.
Beezaasan Explotech Limited Financials
Before applying for Beezaasan Explotech IPO, a financial analysis is significant. Explore the table about Beezaasan Explotech Limited’s financials.
| Year Ended | 30th September 2024 (in cr.) | 31st March 2024 (in cr.) | 31st March 2023 (in cr.) | 31st March 2022 (in cr.) |
| Assets | 82.09 | 68.99 | 61.63 | 42.30 |
| Revenue | 101.44 | 187.90 | 229.17 | 141.91 |
| Profit After Tax | 8.33 | 4.87 | 2.94 | 2.74 |
| Reserves and Surplus | 21.63 | 13.70 | 6.95 | 3.70 |
| Debt | 39.66 | 36.94 | 43.29 | 23.93 |
| Net Worth | 31.12 | 23.20 | 14.34 | 10.45 |
*Data is updated as of 20th February 2025.
Explanation
Beezaasan Explotech Limited reported an 18.00% decline in revenue, estimated at Rs 229.17 crore in March 2023 and Rs 187.90 crore in March 2024. Moreover, the PAT of the company was raised by 65.64% from Rs 2.94 crore to Rs 4.87 crore.
Beezaasan Explotech IPO Bidding Requirements
Beezaasan Explotech IPO has reserved lot sizes to apply in the case of different investor categories. Look at the table below to know the requirements to be fulfilled for applying for this IPO.
| Investor Category | Lots | Shares | Amount (in Rs) |
| Retail (Minimum) | 1 | 800 shares | Rs 1,40,000 |
| Retail (Maximum) | 1 | 800 shares | Rs 1,40,000 |
| HNIs (Minimum) | 2 | 1,600 shares | Rs 2,80,000 |
Aim of Beezaasan Explotech IPO
The primary aim of Beezaasan Explotech IPO is to raise Rs 59.93 crores. On the other hand, Beezaasan Explotech Limited has decided to utilise these funds differently. Explore some of the secondary objectives behind Beezaasan Explotech IPO.
- Capital expenditure on civil construction.
- Capital expenditure on plant and machinery.
- Capital expenditure on the storage facility.
- Purchase of a commercial vehicle.
- Repayment of borrowings.
- General corporate purposes.
Should I Invest in Beezaasan Explotech IPO?
“Beezaasan Explotech Limited manufactures and supplies different types of explosives and related accessories. The issue appears to be fully priced, and well-informed investors may park their funds for medium and long term.” ~ Dilip Davda (Chief Editor at Chittorgarh).
Get personalised assistance in making your investment decision for Beezaasan Explotech IPO with some of its pros and cons. These pros and cons might help you know about the IPO’s efficiency in delivering profitability in the long run.
Pros of Beezaasan Explotech IPO
- Global presence.
- Long-standing relationship with key customers and suppliers.
- Skilled management team.
Cons of Beezaasan Explotech IPO
- Low market capitalisation.
- High lot size.
How to Apply for Beezaasan Explotech IPO?
Explore the below steps to apply for Beezaasan Explotech IPO.
- Step 1: Conduct thorough research on Beezaasan Explotech IPO GMP data, subscription, lot size, and other key details.
- Step 2: Open a demat account on Univest to learn about real-time insights on Beezaasan Explotech IPO GMP and subscription status. You can also use your previous demat account by navigating to the IPO section.
- Step 3: Make a bid for one lot of 800 shares worth Rs 1,40,000 of Beezaasan Explotech IPO.
- Step 4: After that, you will receive a mandate request. Approve the request to proceed further with your IPO application.
Note: You can apply for Beezaasan Explotech IPO from multiple demat accounts to increase your allotment chances.
How to Check Beezaasan Explotech IPO Allotment Status?
You can check for Beezaasan Explotech IPO allotment in several ways. These include BSE and the registrar portal. Look at the steps mentioned below to check your allotment status online.
Check On NSE
- Visit the BSE’s official website.
- Navigate to the IPO allotment page.
- Select Equity as the issue type.
- Choose Beezaasan Explotech IPO.
- Choose whether to proceed with the PAN number or application number.
- Submit your details to get the allotment status online.
Check On the Registrar Portal
- Visit the registrar portal.
- Click on the allotment option.
- Fill in the required details.
- Click on the submit button to know your Beezaasan Explotech IPO allotment status.
Let’s Wrap
Beezaasan Explotech IPO is the book-built issue of 34,24,800 shares worth Rs 59.93 crores. It is entirely a fresh issue of 34,24,800 shares. The shares of Beezaasan Explotech Limited will be listed on BSE and SME on its tentative listing date of 3rd March 2025. Researching Beezaasan Explotech IPO GMP and its reviews is highly recommended to book your ideal returns. Moreover, brokers and investors are neutral for this IPO.
Open a demat account on Univest now to initiate your investment journey. Explore the Univest terms and conditions by clicking on the link.
FAQs on Beezaasan Explotech IPO
How is Beezaasan Explotech IPO?
Ans. Currently, on 20th February 2025, Beezaasan Explotech IPO GMP (Grey Market Premium) stands at Rs 0 (0.00 % up). It indicates that the estimated listing price could be Rs 175 per share. It is a book-built issue of 34,24,800 shares worth Rs 59.93 crore. The IPO price band is fixed between Rs 165 and Rs 175 per share, and the face value of each share is Rs 10.
What is Beezaasan Explotech IPO price?
Ans. Beezaasan Explotech IPO price band has been set between Rs 165 and Rs 175 per share. Retail investors can apply for a minimum and maximum of 1 lot consisting of 800 shares worth Rs 1,40,000. Moreover, HNIs are required to bid for a minimum of 2 lots (1,600 shares) worth Rs 2,80,000.
Is Beezaasan Explotech IPO good?
Ans. During FY23-24, the revenue of Beezaasan Explotech Limited stood at Rs 229.17 crore, which increased by 18.00% to Rs 187.90 crore. On the other hand, the PAT of the company was raised by 65.64% from Rs 2.94 crore to Rs 4.87 crore. Beezaasan Explotech IPO has gained a positive rating from industry experts, brokers, and institutional investors.
Who is the registrar of Beezaasan Explotech IPO?
Ans. Kfin Technologies Limited is the registrar of Beezaasan Explotech IPO, awaiting to manage the IPO allotment and refund initiation procedures. For any Beezaasan Explotech IPO allotment and refund query, contact Kfin Technologies Limited at reachus@kfintech.com or 04067162222.
What is the issue size of Beezaasan Explotech IPO?
Ans. Beezaasan Explotech IPO is the book-built issue for 34,24,800 shares worth Rs 59.93 crore. It is a fresh issue of 34,24,800 shares. Moreover, the IPO is open from 21st February 2025 and close on 25th February 2025.
Disclaimer: The above information is accumulated from authentic sources and is just for informational purposes. To get detailed information about Beezaasan Explotech IPO, download the Beezaasan Explotech IPO RHP and Beezaasan Explotech IPO DRHP. Conduct your own research before investing in IPOs to avoid significant losses. You can also consult your financial advisor.
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