Beezaasan Explotech Limited was established in August 2013 and specializes in the manufacturing and supply of a diverse range of explosives and explosive accessories. Its product portfolio primarily includes cartridge explosives such as slurry explosives, emulsion explosives, and detonators. The company has developed products that adhere to the strict standards required by industries like cement, mining, and defense. Its production facilities are equipped with advanced machinery, including KP machines, strapping machines, and PLC controls, ensuring high-quality output.

The IPO of Beezaasan Explotech is scheduled to open on February 21, 2025, and will close on February 25, 2025. The price band for the IPO is set between ₹165 and ₹175 per share. The allocation includes a 35% retail quota, 50% for QIBs, and 15% for HNIs. The shares are expected to be listed on the BSE on March 3, 2025. The allotment date for the IPO is February 27, 2025.

In terms of financial performance, the company reported revenue of ₹187.9 crores in 2024, a decrease from ₹229.17 crores in 2023. However, its profit saw an increase, rising to ₹4.87 crores in 2024 compared to ₹2.94 crores in the previous year.

Beezaasan Explotech IPO Details

IPO Open Date:	February 21, 2025
IPO Close Date:	February 25, 2025
Face Value:	₹10 Per Equity Share
IPO Price Band:	₹165 to ₹175 Per Share
Issue Size:	Approx ₹59.93 Crores
Fresh Issue:	Approx ₹59.93 Crores
IPO Listing:	BSE SME
Retail Quota:	Not more than 35%
QIB Quota:	Not more than 50%
NII Quota:	Not more than 15%

Beezaasan Explotech IPO Timeline

IPO Open Date:	February 21, 2025
IPO Close Date:	February 25, 2025
Basis of Allotment:	February 27, 2025
Refunds:	February 28, 2025
Credit to Demat Account:	February 28, 2025
IPO Listing Date:	March 3, 2025

Beezaasan Explotech SME IPO Lots

SME IPO Activity	Date
Issue Price	₹165.00-175.00
Market Lot:	800 Shares
1 Lot Amount:	₹1,40,000
Min HNI Lots:	1600 shares (2 lots) – ₹2,80,000

Beezaasan Explotech Limited: Financial Performance & Key Metrics

Period Ended	30 Sep 2024	31 Mar 2024	31 Mar 2023	31 Mar 2022
Assets	82.09	68.99	61.63	42.3
Revenue	101.44	187.9	229.17	141.91
Profit After Tax	8.33	4.87	2.94	2.74
Net Worth	31.12	23.2	14.34	10.45
Reserves and Surplus	21.63	13.7	6.95	3.7
Total Borrowing	39.66	36.94	43.29	23.93

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Beezaasan Explotech IPO: Key Dates, Price, and Allotment Insights