Introduction
The Beezaasan Explotech Ltd IPO is gaining significant attention among investors as part of the upcoming IPO list in India. This IPO is a Public Issue (Book Building) worth ₹59.93 crores, comprising 34.25 lakh fresh shares. The IPO opens for subscription on 21 February 2025 and closes on 25 February 2025, with the tentative listing date set for 3 March 2025 on BSE. The price band for the IPO is between ₹165 and ₹175 per share, with a minimum lot size of 800 shares, requiring a minimum investment of ₹140,000 for retail investors.
This blog will provide all the essential details, including IPO dates, subscription status, reservation details, company information.
About Beezaasan Explotech Ltd
Beezaasan Explotech Ltd is a leading player in the defense and aerospace manufacturing sector, specializing in the production of high-precision components and explosives technology. The company has earned a strong reputation for its commitment to quality, innovation, and adherence to safety standards. With state-of-the-art manufacturing facilities and a robust research and development team, Beezaasan Explotech Ltd caters to both domestic and international markets.
The funds raised through this IPO will be utilized for expanding production capacity, enhancing R&D capabilities, and strengthening working capital. The company’s strategic focus on innovation and sustainable growth positions it as a key player in India’s booming defense manufacturing sector.
Beezaasan Explotech Ltd IPO Details
Particulars | Details |
Issue Size | ₹59.93 Crores |
Issue Type | Public Issue (Book Building) |
Price Band | ₹165 – ₹175 per share |
Face Value | ₹10 per share |
Total Shares Offered | 34,24,800 |
Lot Size | 800 Shares |
Minimum Investment | ₹140,000 |
Listing Exchange | BSE |
Tentative Listing Date | 3 March 2025 |
IPO Important Dates
Event | Date |
IPO Opening Date | 21 February 2025 |
IPO Closing Date | 25 February 2025 |
Basis of Allotment | 27 February 2025 |
Refunds Initiation | 28 February 2025 |
Credit of Shares to Demat | 3 March 2025 |
Listing Date | 3 March 2025 |
Beezaasan Explotech Ltd IPO Subscription Details
Subscription Status (As of 21 Feb 2025)
Investor Category | Subscription Times |
Qualified Institutional Buyers (QIB) | 0x |
Retail Individual Investors (RII) | 0.17x |
Non-Institutional Investors (NII) | 0.01x |
Others | 0x |
Total | 0.08x |
Day-wise Subscription Details
Date | QIB | RII | NII | Total |
21-02-2025 | 0x | 0.17x | 0.01x | 0.08x |
Beezaasan Explotech Ltd IPO Reservation Structure
Investor Category | Shares Offered | Percentage |
Anchor Investors | 9,68,000 | 28.26% |
Qualified Institutional Buyers (QIB) | 6,53,600 | 19.08% |
Non-Institutional Investors (NII) | 4,88,800 | 14.27% |
Retail Individual Investors (RII) | 11,38,400 | 33.24% |
Total | 34,24,800 | 100% |
Why Should You Invest in Beezaasan Explotech Ltd IPO?
- Growing Sector: The defense and aerospace sectors in India are witnessing rapid growth due to government initiatives and increased defense spending.
- Strong Fundamentals: Beezaasan Explotech Ltd has a robust business model with a proven track record of profitability.
- Attractive Price Band: With a price band of ₹165 – ₹175 per share, the IPO is priced competitively.
- Strategic Expansion Plans: The company plans to use IPO proceeds for capacity expansion and R&D enhancements, positioning itself for long-term growth.
- Listing on BSE: The company’s listing on BSE offers increased visibility and liquidity for investors.
Conclusion
The Beezaasan Explotech Ltd IPO stands out among the upcoming IPOs in India NSE and BSE, presenting a promising opportunity for investors. With a strong reservation structure, competitive pricing, and strategic growth plans, this IPO is a noteworthy option for those looking at the upcoming IPO this week or the broader upcoming IPO list. Given the company’s growth trajectory and the sector’s positive outlook, this IPO deserves serious consideration from retail and institutional investors alike.
Stay updated for more insights on upcoming IPOs in India this week and future investment opportunities.
