Beezaasan Explotech Ltd

Issue
Opens On Closes On
21-Feb-25 25-Feb-25
Money Payable On
Application Allotment
165.00 0.00

Minimum Application for shares in Nos : 800 Further Multiples of : 800

Lead Managers to the Issue
Project Cost (₹.Cr) 0.00 Smart Horizon Advisors Pvt Ltd
Project Financed through Current Offer (₹.Cr) 56.51  
Post Issue Equity Share Capital (₹.Cr) 12.92
Issue Price (₹) 165.00
Projects

Funding the capitel exp towards civil construction required for expansion of existing mfg unit for emulsion explosive-3 plant, emulsion explosive plant and detonating fuse plant at the existing mfg facility at

Funding of capital exp towards purchase of plant and machinery for expansion of existing mfg unit for emulsion explosive-3 plant emulsion bulk explosive plant and detonating fuse plant at the existing mfg facility at

Funding of capital exp towards civil construction required for expansion of additional magazine (storage) facility required for emulsion cartridge explosives and detonating fuse at the existing location at

Purchase of commercial vehicle

Repayment/prepayment of all or its borrowings availed by the company

General corporate purposes

Promoted By
Naveenkumar Radheshyam Somani
Sunilkumar Radheshyam Somani
Rajan Sunilkumar Somani
Listing At
BSE - SME
Registrar to the Issue
No Data Available
  • Registered Office: 5th Flr 511 Pramukh Tangent,Complex Sargasan Cr.Rd S.G.Hig, Gandhinagar - 382421, Gujarat, India. Phone : +91 63596 07701   Fax:
  • Email : investors@beezaasan.in
  • Website :www.beezaasan.com
Initial public offer of upto 34,24,800 equity shares of face value of Rs. 10/- each (The "Equity Shares") of Beezaasan Explotech Limited ("The Company" or "Beezaasan Explotech" or "The Issuer") for cash at a price of Rs. [*] per equity share including a share premium of Rs. [*] per equity share (The "Issue Price") aggregating to Rs. [*] crores ("The Issue"), of which upto 1,76,000 equity shares of face value of Rs. 10/- each for cash at a price of Rs. [*] per equity share including a share premium of Rs. [*] per equity share aggregating to Rs. [*] crores will be reserved for subscription by market maker to the issue (The "Market Maker Reservation Portion"). The issue less the market maker reservation portion i.e., net issue of upto 32,48,800 equity shares of face value of Rs. 10/- each at a price of Rs. [*] per equity share including a share premium of Rs. [*] per equity share aggregating to Rs. [*] crores is herein after referred to as the "Net Issue". The issue and the net issue will constitute 26.51% and 25.14% Respectively of the post issue paid up equity share capital of the Company. Price Band: Rs. 165 to Rs. 175 per equity share of face value of Rs. 10 each. The Floor price and Cap price are 16.50 times and 17.50 times the face value of the equity shares respectively. Bids can be made for a minimum of 800 equity shares and in multiple of 800 equity shares thereafter.