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anubhai angaldas Securities Pvt. Ltd. Member: BSE - NSE - CDSL

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IPO Synopsis
Beezaasan Explotech Ltd
Registered Office: 5th Flr 511 Pramukh Tangent, Complex Sargasan Cr.Rd S.G.Hig, Gandhinagar - 382421, Gujarat
Phone: 1
Email: 1
Website: 1
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.
Issue Money Payable On
Opens On Closes On Application Allotment
21-Feb-2025 25-Feb-2025 175.00 - 0.00 0.00 - 0.00
Cr. Lead Managers to the Issue
Project Cost 52.34
Project Financed through Current Offer 59.93
Post Issue Equity Share Capital 12.92
Issue Price 175.00
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
BSE - SME
Registrar to the Issue
Attention Investor
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