ipo alt text

IPO Details

Initial Public Offerings (IPOs) allow you to invest in companies going public. A company goes public when it first sells its shares after being listed on BSE or NSE.

Beezaasan Explotech Ltd.
IPO Date: Feb 21 to Feb 25 2025
Objective
1. Funding the Capital expenditure towards civil construction required for Expansion of existing manufacturing unit for Emulsion Explosive-3 Plant, Emulsion Bulk Explosive Plant and Detonating Fuse Plant at the existing Manufacturing facility situated at Bhanthala, Mahisagar, Gujarat;
2. Funding of Capital expenditure towards purchase of Plant and Machineries for Expansion of existing manufacturing unit for Emulsion Explosive-3 Plant, Emulsion Bulk Explosive Plant and Detonating Fuse Plant at the existingManufacturing facility situated at Bhanthala, Mahisagar, Gujarat;
3. Funding of Capital expenditure towards civil construction required for Expansion of additional magazine (Storage) facility required for Emulsion Cartridge Explosives and Detonating Fuse at the existing location situated at Felsani, Gujarat;
4. Purchase of Commercial Vehicle;
5. Repayment/prepayment of all or certain of our borrowings availed of by our Company;
6. General corporate purposes.
IPO Details
Face Value ₹ 10.00 Per Share
Issue Size ₹ 56.51 - 59.93 Cr
Price Band ₹ 165.00 - ₹ 175.00 Per Share
Market LOT 800 shares
Issue Type Book building
Business Description
We deal in manufacturing and supplying a wide array of Explosives and Explosive accessories covering mainly cartridgeexplosives which includ

...

es Slurry Explosives, Emulsion Explosives and Detonating Fuse. Our Products are manufacturedusing mixture of nitrate, catering to diverse requirements. Through the expertise of our promoters in diversified fieldapplication knowledge, we have designed products that meet the stringent requirements of varied Industries which includescement industry, mining industry and defence industry. we also supply to Border Roads Organization and Public SectorUndertakings as well. We have our manufacturing units with the technologically equipped Quality Assurance Systemswhich ensures high standard of inputs and outgoing products. Read More
Address
Address 5th Floor, 511, Pramukh Tangent Complex Sargasan Cross Road S. G. Highway
City Gandhinagar
State Gujarat
Pincode 382421
Phone 6359607701
Email investors@beezaasan.in
Website www.beezaasan.com
About IPO
Listed At BSE
Lead Manager Smart Horizon Capital Advisors Pvt Ltd.
Promoters
Navneetkumar Radheshyam Somani
Sunilkumar Radheshyam Somani
Rajan Sunilkumar Somani
Navneet R Somani HUF
Sunil R Somani HUF
Promoter's Holding
Registrar

K FIN Technologies Ltd.-(Karvy Fintech Pvt Ltd.)

040 - 67162222/18003094001
einward.ris@kfintech.com
www.kfintech.com
Latest News
Alt Text
Equity

Global Surfaces informs about newspaper advertisement

Alt Text
Finance

Currency futures for February expiry trade stronger with 0.78% increase in OI

Alt Text
Economy

Govt will continue to take measures to check inflation, ensure that citizens are not burdened: Sitharaman

Alt Text
Ipo

Tejas Cargo India coming with IPO to raise Rs 106 crore

View All

Open Demat Account today!

Demat account is an electronic account used to hold securities in a digital platform.

Enter Full Name

Invalid Full Name

+91

Enter mobile number

Invalid mobile number

Select partner from dropdown

Verification required
close

Enter the One Time Password (OTP)

Sent to ********99

Edit Number
Enter valid OTP
Field should not be blank
You have exhausted your OTP attempts try again after 10 min

Request another in 60s

Resend OTP

secure   100% safe and secure

Frequently asked questions

What is an IPO?

An Initial Public Offering (IPO) is when a private company sells shares to the public for the first time, enabling investors to purchase these shares and gain partial ownership in the business. For instance, if a well-known tech firm wants to grow and requires additional funds, it might choose to go public through an IPO. During this process, investors can buy shares, and the company’s stock starts trading on the stock exchange on the day of the IPO listing.

Investors can apply for an IPO through their bank or brokerage account. Many trading platforms have a specific section for IPOs where users can submit their applications online.

The primary market is where shares are offered to the public for the first time via an IPO. After the IPO, shares are traded on the secondary market (stock exchange), where existing shareholders can sell to new buyers.

Investing in an IPO offers the opportunity to become an early investor in companies with high growth potential, at a price which may be lower than their post-listing market value. It provides a chance to participate in the company's growth journey from its early stages. However, IPO investments also come with inherent risks, such as market volatility and uncertainties about the company's future performance.

The price of an IPO is established through a systematic process known as "book building." In this method, investors bid within a given price range, and the final price is set based on demand and market conditions. Several factors play a crucial role in determining the IPO price, including:

  • Past Financial Performance: Evaluating the company's revenue, profits, and financial stability over time
  • Growth Potential: Assessing future prospects based on the company's business model and market opportunities
  • Industry Peers: Comparing valuation metrics with similar companies in the same sector
  • Larger Industry Picture: Analysing overall industry trends and economic conditions that could impact the company's performance

The lock-in period for IPO shares refers to a duration during which specific investors are restricted from selling their shares post-listing. This period varies based on the type of investor:

  • Promoters: The lock-in period for promoters ranges from 6 months to 18 months, ensuring their commitment to the company's long-term growth
  • Anchor Investors: Typically, anchor investors face a shorter lock-in period of 30 to 90 days, depending on regulatory norms and the specific IPO

IPOs can be volatile and may not perform as expected in the short term. Investors risk losing capital if the stock price drops after listing, especially if the company does not meet its growth projections.

Information on upcoming IPOs is often available through brokerage platforms, financial news sites, and regulatory bodies like SEBI, which publishes details on companies going public. You can also get these details under the upcoming IPO section on Bajaj Markets.

Eligibility for an IPO typically includes:

  • Retail Investors: Individuals who invest in smaller amounts, usually under the “retail investor” category, with certain limits
  • Qualified Institutional Buyers (QIBs): Entities like mutual funds, banks, and insurance companies, who invest large sums
  • Non-Institutional Investors (NIIs): High-net-worth individuals or entities investing above the retail threshold

Investors must have a Demat and trading account to apply, and in some cases, certain financial or residency qualifications may apply depending on local regulations.

SME (Small and Medium Enterprise) IPOs generally carry higher risk but may provide significant growth potential. Investors should research the company’s stability, financials, and sector risks, as SME stocks can be more volatile compared to large-cap companies.

View More

Disclaimer

This content is for educational purpose only and the same should not be construed as investment advice. Bajaj Finserv Direct Limited shall not be liable or responsible for any investment decision that you may take based on this content.

Disclaimer

All content and research information displayed on the Site, are obtained from our partner Accord Fintech Private Limited. an authorized data feed vendor of BSE/NSE/MCX/NCDEX exchange. The data is provided on ‘As-Is’ basis and is not a live data feed but a feed with 15 minutes delay or more. Bajaj Markets does not warrant accuracy, completeness, timely availability of the information and data available on the Site. Past performance, when presented, is purely for reference purposes and is not a guarantee of similar future results.

The Services offered on the Site does not constitute investment advice in any manner whatsoever. You shall be solely responsible for any investment decisions made by placing reliance on the information provided on the Site.

Bajaj Markets partners with financial services entities for sourcing leads for services such as DEMAT accounts etc. In case you wish to avail the services, you shall be redirected to partners platform and shall be bound by the terms and conditions, privacy policy governing the said platform. 

home1
Home
offers1
Offers
Credit1
Credit Score
Accounts1
Accounts
explore
Explore