Beezaasan Explotech Limited IPO GMP

Beezaasan Explotech is one of the few companies in India that has taken a step further in manufacturing world-class explosives with satisfactory services and safety with experience of 60 years in this business, passing from generation to generation. As a company, they utilize their decades of industry and mining experience to meet and exceed customer expectations, which resulted in the development as well as the production of their revolutionary explosive products and services for the customers.

Beezaasan Explotech, an Book Built Issue amounting to ₹ 59.93 Crores, consisting entirely an Fresh Issue of 34.24 Lakh Shares. The subscription period for the Beezaasan Explotech IPO opens on February 21, 2025, and closes on February 25, 2025. The allotment is expected to be finalized on or about Thursday, February 27, 2025, and the shares will be listed on the BSE SME with a tentative listing date set on or about Monday, March 3, 2025.

The Share price band of Beezaasan Explotech IPO is set at ₹ 165 to ₹ 175 per equity share. The Market Capitalisation of the Beezaasan Explotech Limited at IPO price of ₹ 175 per equity share will be ₹ 227.15 Crores. The lot size of the IPO is 800 shares. Retail investors are required to invest a minimum of ₹ 1,40,000, while the minimum investment for High-Net-Worth Individuals (HNIs) is 2 lots (1,600 shares), amounting to ₹ 2,80,000.

SMART HORIZON CAPITAL ADVISORS PRIVATE LIMITED is the book running lead manager of the Beezaasan Explotech IPO, while KFIN TECHNOLOGIES LIMITED is the registrar for the issue. Rikhav Securities Limited is the Market Maker for Beezaasan Explotech IPO.

Beezaasan Explotech Limited IPO GMP Today
The Grey Market Premium of Beezaasan Explotech Limited IPO is expected to be ₹ 0 based on the financial performance of the company. No real trading is done on the basis of Grey Market Premium that's why no real discovery of price can be done before the listing of shares on the stock exchange. The Grey Market Premium totally depends upon the Demand and Supply of the shares of the company in unorganized manner which is not recommended. The Grey Market Premium is mentioned for educational and informational purposes only.

Beezaasan Explotech Limited IPO Live Subscription Status Today: Real-Time Update
As of 05:00 PM on 21 February, 2025, the Beezaasan Explotech Limited IPO live subscription status shows that the IPO subscribed 0.40 times on its First day of subscription period. Check the Beezaasan Explotech IPO Live Subscription Status Today at BSE.

Beezaasan Explotech IPO Anchor Investors Report
Beezaasan Explotech has raised ₹ 16.94 Crores from Anchor Investors at a price of ₹ 175 per shares in consultation of the Book Running Lead Managers. The company allocated 9,68,000 equity shares to the Anchor Investors. Check Full List of Beezaasan Explotech Anchor Investor List.

Note:- Equity Shares allotted to Anchor Investors (if any) are allotted from Qualified Institutional Buyers (QIBs) reservation portion.
Note:- The Number of shares offered shown IPO subscription section table is calculated at the lower end of the price band and Number of shares calculated in IPO details table section is calculated at upper end of the price band in case of Book Building Issue, so there can be difference. This is because we assume shares will be issued by the company at upper band as Anchor Investors also subscribe at upper band and shares will be issued at lower band only if in case of undersubscription of IPO.
Note:- Market Maker portion (if any) are not shown separately in subscription table and included in NIIs reservation portion

Beezaasan Explotech Limited Day Wise IPO GMP Trend

Beezaasan Explotech Limited IPO Allotment Date - Step by Step Guide to Check Allotment Status Online
Beezaasan Explotech IPO allotment date is 27 February, 2025, Thursday. Beezaasan Explotech IPO Allotment will be out on 27 February, 2025 and will be live on Registrar Website from the allotment date. Check Beezaasan Explotech IPO Allotment Status here. Here's how you can check the allotment status:
- Navigate to the IPO allotment status page.
- Select Beezaasan Explotech Limited IPO from the dropdown list of IPOs
- Enter your application number, PAN, or DP Client ID
- Submit the details to check your allotment status.
By following either of these methods, investors can quickly determine their allotment status and proceed accordingly with their investments.

Objectives of Beezaasan Explotech Limited IPO
Beezaasan Explotech proposes to utilise the Net Proceeds towards the following objects: 
1. ₹ 387.47 Lakhs is required for 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. ₹ 2,304.30 Lakhs is required for 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 existing Manufacturing facility situated at Bhanthala, Mahisagar, Gujarat;
3. ₹ 202.56 Lakhs is required for 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. ₹ 144.40 Lakhs is required for Purchase of Commercial Vehicle;
5. ₹ 1,800.00 Lakhs is required for Repayment/prepayment of all or certain of our borrowings availed of by the Company;
6. General corporate purposes.

Refer to Beezaasan Explotech Limited RHP for more details about the Company.