Incorporated in August 2013, Beezaasan Explotech Limited specializes in the manufacturing and supply of a wide range of explosives and explosive accessories. The company primarily produces cartridge explosives, including slurry, emulsion, and detonating explosives, catering to industries such as cement, mining, and defence. Its manufacturing facility, located in Gujarat, is equipped with multiple quality certifications, including ISO 9001:2015 for Quality Management Systems, ISO 14001:2015 for Environmental Management, and ISO 45001:2018 for Occupational Health and Safety Management. Beezaasan Explotech’s product portfolio focuses on chemical explosives, ensuring high-quality standards for its clients.

The Beezaasan Explotech IPO is a book-built issue of Rs. 59.93 crores, consisting entirely of a fresh issue of 34.25 lakh shares. The IPO subscription window opened on February 21, 2025, and will close on February 25, 2025. The allotment of shares is expected to be finalized by Thursday, February 27, 2025, with a tentative listing date on the BSE SME platform set for Monday, March 3, 2025.

The IPO price band is set between ₹165 to ₹175 per share. The minimum lot size for retail investors is 800 shares, requiring an investment of ₹1,32,000. However, investors are advised to bid at the cut-off price (approximately ₹1,40,000) to avoid potential oversubscription scenarios. For High Net-Worth Individuals (HNIs), the minimum investment is 2 lots (1,600 shares), amounting to ₹2,80,000.

IPO Date	February 21, 2025 to February 25, 2025
Face Value	₹10 per share
Issue Price Band	₹165 to ₹175 per share
Lot Size	800 Shares
Total Issue Size	Approx ₹59.93 Crores
Fresh Issue	Approx ₹59.93 Crores
Issue Type	Book Built Issue IPO
Listing At	BSE SME
Share Holding Pre Issue	94,96,333 shares
Share Holding Post Issue	1,29,21,133 shares

Beezaasan Explotech IPO Dates

The Beezaasan Explotech IPO will open for subscription on February 21, 2025, and the bidding window will remain active until February 25, 2025. Investors can participate in the IPO during this period.

IPO Open Date	Fri, Feb 21, 2025
IPO Close Date	Tue, Feb 25, 2025
Tentative Allotment	Thu, Feb 27, 2025
Refunds	Fri, Feb 28, 2025
Credit of Shares to Demat	Fri, Feb 28, 2025
IPO Listing Date	Mon, Mar 3, 2025
UPI Mandate Confirmation Deadline	5 PM on February 25, 2025

Beezaasan Explotech IPO Market Lot

The Beezaasan Explotech IPO requires a minimum market lot of 800 shares, with an application amount of ₹1,40,000 for retail investors.

Application	Lot Size	Shares	Amount
Retail Minimum	1	800	₹1,40,000
Retail Maximum	1	800	₹1,40,000
S-HNI Minimum	2	1,600	₹2,80,000

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Beezaasan Explotech IPO: Complete Details and Key Insights