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...
Promoter's Holding
Total Share Capital | 9118580 |
Offered to Public | 2456800 |
Promoter's Holding (Pre-Issue) | 96.02 |
Promoter's Holding (Post-Issue) | 70.57 |
Address
511
Pramukh Tangent Complex
Sargasan Cross Road
S. G. HighwayCity : GandhinagarState : GujaratPincode : 382421Phone : 6359607701Email : investors@beezaasan.in Website : www.beezaasan.com
Registrar
Karvy Selenium Tower B
Plot 31-32
Gachibowli
Financial District
Nanakramguda
Hyderabad
Listed at
Lead Manager
Promoters
Navneetkumar Radheshyam Somani
Rajan Sunilkumar Somani
Sunil R Somani HUF
Sunilkumar Radheshyam Somani