
Beezaasan Explotech Ltd IPO
Beezaasan Explotech Ltd IPO Price Range is ₹165 - ₹175, with a minimum investment of ₹1,40,000 for 800 shares per lot.
Subscription Rate
3.664x
Minimum Investment
₹1,40,000
/ 800 shares
IPO Status
Price Band
₹165 - ₹175
Bidding Dates
Feb 21, 2025 - Feb 25, 2025
Issue Size
₹59.93 Cr
Lot Size
800 shares
Min Investment
₹1,40,000
Listing Exchange
BSE
Beezaasan Explotech Ltd IPO Application Timeline




IPO Subscription Status
IPO subscribed over
🚀 3.664x
This IPO has been subscribed by 2.257x in the retail category and 11.521x in the QIB category.
Subscription Rate
| Total Subscription | 3.664x |
| Retail Individual Investors | 2.257x |
| Qualified Institutional Buyers | 11.521x |
| Non Institutional Investors | 5.013x |
| Name | Beezaasan Explotech Ltd |
Strengths and Risks
Strengths
One Stop Solution for Explosives Product.
Long Standing Relationship with key Customers & Suppliers.
Experienced Management team.
Technical manpower.
Continuous focus on developing novel and innovative products
Quality products.
Risks
Products manufactured by the company is operated in highly regulated sector. Any failures to obtain registrations for its products or the company inability to comply with the regulations or in case of its inability to obtain, renew or maintain the statutory and regulatory licenses, permits and approvals required to operate its business it may adversely affect the company business, results of operations, cash flows and financial condition.
Few of the raw materials used and products manufactured by the Company are hazardous in nature. If any accidents occur involving such hazardous raw materials and products, its may be held liable for consequent damages and litigation.
Its Registered Office and Corporate office are not owned by the company. In the event its lose such rights, the company Business, Financial Condition and Results of Operations and Cash Flows could be adversely affected.
The Company had negative cash flows in the past years, details of which are given below. Sustained negative cash flow could impact its growth and business.
The company depends on a certain supplier for its raw materials required for the company operations and the company does not have long-term agreements with suppliers for its raw materials and an increase in the cost of, or a shortfall in the availability or quality of such raw materials could have an adverse effect on its business, financial condition and results of operations.
The company is highly dependent on certain key customers for a substantial portion of its revenues and the company does not have long term contracts with all of these customers. Loss of relationship with any of these customers may have a material adverse effect on its profitability and results of operations.
The Restated Consolidated Financial Statements have been provided by Peer Reviewed Chartered Accountants who is not Statutory Auditor of the Company.
Manufacturing and supply of commercial explosives are subject to strict quality requirements and any failure to comply with quality standards may lead to cancellation of existing and future orders.
The company also operate on a tender based business. There are several inherent risks associated with a tender-based business which could affect its profit margins thereby materially affecting the company business and results of operations.
The company has certain outstanding litigation against it, an adverse outcome of which may adversely affect the company business, reputation and results of operations.
How to Apply for Beezaasan Explotech Ltd IPO on INDmoney
- Download the INDmoney app and complete your KYC.
- Go to INDstocks → IPO, or just search “IPO”.
- Tap on Beezaasan Explotech Ltd IPO from the list of live IPOs.
- View key details like price band, lot size, and dates.
- Tap Apply Now and choose your number of lots.
- Use INDpay UPI for instant mandate tracking.
- Your funds will be blocked until the share allotment is finalized.