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Beezaasan Explotech Ltd
Beezaasan Explotech Ltd
Registered Office : 5th Flr 511 Pramukh Tangent,Complex Sargasan Cr.Rd S.G.Hig,Gandhinagar Gujarat 382421 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. 175 per equity share including a share premium of Rs. 165 per equity share (The "Issue Price") aggregating to Rs. 59.93 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. 175 per equity share including a share premium of Rs. 165 per equity share aggregating to Rs. 3.08 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. 175 per equity share including a share premium of Rs. 165 per equity share aggregating to Rs. 56.85 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. The face value of the equity share is Rs. 10 each. The issue price is 17.5 times the face value of the equity shares.
Opens On
Closes On
21-Feb-2025
25-Feb-2025
Application
Allotment
175.00
0.00
Minimum Application for shares in Nos : 800.0 Further Multiples of : 800.0
₹Cr
Lead Managers to the Issue
Project Cost (₹.Cr)
Project Financed through Current Offer (₹.Cr)
Post Issue Equity Share Capital (₹.Cr)
Issue Price (₹.Cr)
52.34
59.93
12.92
175.00
Smart Horizon Advisors Pvt Ltd
- 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
- Naveenkumar Radheshyam Somani
- Sunilkumar Radheshyam Somani
- Rajan Sunilkumar Somani
- BSE - SME
- KFin Techologies Ltd