Beezaasan Explotech Ltd. IPO Details

Issue Open Date	21-Feb-2025
Issue Closing Date	25-Feb-2025
Application Money	100
Allotment Money	NA

Price Band ()	165 - 175
Minimum Bid Quantity.	800
Issue Size (Shares)	2456800
Market Lot	1

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.

About Beezaasan Explotech Ltd.

We deal in manufacturing and supplying a wide array of Explosives and Explosive accessories covering mainly cartridgeexplosives which includes 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 produc...

Total Share Capital	9118580
Offered to Public	2456800
Promoter's Holding (Pre-Issue)	96.02
Promoter's Holding (Post-Issue)	70.57

Address

Address : 5th Floor
511
Pramukh Tangent Complex
Sargasan Cross Road
S. G. HighwayCity : GandhinagarState : GujaratPincode : 382421Phone : 6359607701Email : investors@beezaasan.in Website : www.beezaasan.com

Registrar

K FIN Technologies Ltd.-(Karvy Fintech Pvt Ltd.)
Karvy Selenium Tower B
Plot 31-32
Gachibowli
Financial District
Nanakramguda
Hyderabad

Listed at

BSE

Lead Manager

Smart Horizon Capital Advisors Pvt Ltd.

Promoters

Navneet R Somani HUF
Navneetkumar Radheshyam Somani
Rajan Sunilkumar Somani
Sunil R Somani HUF
Sunilkumar Radheshyam Somani

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