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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.

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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)[*] per equity share including a share premium of (Rs)[*] per equity share (The "Issue Price") aggregating to (Rs)[*] 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)[*] per equity share including a share premium of (Rs)[*] per equity share aggregating to (Rs)[*] 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)[*] per equity share including a share premium of (Rs)[*] per equity share aggregating to (Rs)[*] 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. Price Band: (Rs)165 to (Rs)175 per equity share of face value of (Rs)10 each. The Floor price and Cap price are 16.50 times and 17.50 times the face value of the equity shares respectively. Bids can be made for a minimum of 800 equity shares and in multiple of 800 equity shares thereafter.

Issue Money Payable On
Opens On Closes On Application Allotment
21-Feb-25 25-Feb-25 (Rs)165.00-175.00 (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 0.00
Smart Horizon Advisors Pvt Ltd
Project Financed through Current Offer 56.51  
Post Issue Equity Share Capital 12.92  
Issue Price (Rs)165.00  
 
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 atPurchase 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 atRepayment/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 atGeneral corporate purposes
Promoted By
Naveenkumar Radheshyam Somani  
Sunilkumar Radheshyam Somani  
Rajan Sunilkumar Somani  
Listing At
BSE - SME 
Registrar to the Issue
KFin Techologies Ltd