Beezaasan Explotech Ltd IPO Synopsis

An Initial Public Offering is an opportunity for investors to take part in the growth of a company. It is always better to be in the first batch of investors. The shares offered by the company get listed on the stock exchanges and can be bought and sold by investors.

Beezaasan Explotech Ltd IPO
Registered Office: 5th Flr 511 Pramukh Tangent,Complex Sargasan Cr.Rd S.G.Hig , Gandhinagar - 382421 , Gujarat , India. Phone : +91 63596 07701 Fax: Email : investors@beezaasan.in Website : www.beezaasan.com
Initial public offer of upto 34,24,800 equity shares of face value of (Rs)10/- each (The "Equity Shares") of Beezaasan Explotech Limited ("The Company" or "Beezaasan Explotech" or "The Issuer") for cash at a price of (Rs)175 per equity share including a share premium of (Rs)165 per equity share (The "Issue Price") aggregating to (Rs)59.93 crores ("The Issue"), of which upto 1,76,000 equity shares of face value of (Rs)10/- each for cash at a price of (Rs)175 per equity share including a share premium of (Rs)165 per equity share aggregating to (Rs)3.08 crores will be reserved for subscription by market maker to the issue (The "Market Maker Reservation Portion"). The issue less the market maker reservation portion i.e., net issue of upto 32,48,800 equity shares of face value of (Rs)10/- each at a price of (Rs)175 per equity share including a share premium of (Rs)165 per equity share aggregating to (Rs)56.85 crores is herein after referred to as the "Net Issue". The issue and the net issue will constitute 26.51% and 25.14% Respectively of the post issue paid up equity share capital of the Company. The face value of the equity share is (Rs)10 each. The issue price is 17.5 times the face value of the equity shares.

Issue		Money Payable On
Opens On	Closes On	Application	Allotment
21-Feb-25	25-Feb-25	(Rs)175.00-0.00	(Rs)0.00-0.00
Minimum Application for shares in Nos :800 Further Multiples of :800

(Rs Cr)

Lead Managers to the Issue

Project Cost

52.34

Smart Horizon Advisors Pvt Ltd

Project Financed through Current Offer

59.93

Post Issue Equity Share Capital

12.92

Issue Price

(Rs)175.00

Projects

Funding the capitel exp towards civil construction required for expansion of existing mfg unit for emulsion explosive-3 plant, emulsion explosive plant and detonating fuse plant at the existing mfg facility at	Purchase of commercial vehicle
Funding of capital exp towards purchase of plant and machinery for expansion of existing mfg unit for emulsion explosive-3 plant emulsion bulk explosive plant and detonating fuse plant at the existing mfg facility at	Repayment/prepayment of all or its borrowings availed by the company
Funding of capital exp towards civil construction required for expansion of additional magazine (storage) facility required for emulsion cartridge explosives and detonating fuse at the existing location at	General corporate purposes

Promoted By
Naveenkumar Radheshyam Somani
Sunilkumar Radheshyam Somani
Rajan Sunilkumar Somani

Listing At
BSE - SME

Registrar to the Issue

KFin Techologies Ltd