The Beezaasan Explotech Limited Target 2030 is set to open on February 21, 2025, and close on February 25, 2025, with an expected listing date on March 3, 2025. The IPO price band is ₹165 to ₹175 per share, with a total issue size of ₹59.93 crores. The company will be listed on BSE SME, and the minimum lot size for retail investors is 800 shares.
IPO Details
- IPO Opening Date: February 21, 2025
- IPO Closing Date: February 25, 2025
- Listing Date: March 3, 2025
- Issue Price: ₹165 to ₹175 per share
- Total Issue Size: ₹59.93 crores
- Lot Size: 800 shares
- Exchange: BSE SME
Company Background
Beezaasan Explotech Limited is a manufacturer and supplier of industrial explosives, catering to sectors like mining, infrastructure, and construction. The company specializes in blasting solutions, detonators, and explosive accessories, serving both government and private sector clients.
Objectives of the IPO
- Expansion of Production Facilities – Increasing manufacturing capacity to meet rising industry demands.
- Investment in R&D – Enhancing safety, performance, and efficiency of explosive products.
- Debt Repayment – Strengthening the company’s financial structure.
- General Corporate Purposes – Supporting business operations and future growth.
Financial Performance & Share Price Predictions
- Revenue (Last FY): ₹320 Crores
- Profit (Last FY): ₹48 Crores
- Year-over-Year Growth: 18%
| Year | Predicted Share Price (₹) |
|---|---|
| 2025 | ₹180 – ₹200 |
| 2026 | ₹210 – ₹240 |
| 2027 | ₹260 – ₹290 |
| 2028 | ₹320 – ₹350 |
| 2029 | ₹380 – ₹420 |
| 2030 | ₹450 – ₹500 |
Subscription & Grey Market Premium (GMP) Details
| Category | Expected Subscription |
|---|---|
| Retail Investors | Moderate to High |
| Institutional Investors | Strong |
| HNIs | Strong |
- GMP for Beezaasan Explotech Limited: ₹[To be updated closer to listing]
Key Growth Factors
- Growing Demand in Mining & Infrastructure – Increased investment in construction and mineral extraction.
- Government Support for Industrial Growth – Policies favoring domestic explosive manufacturers.
- Technological Advancements in Blasting Solutions – Enhancing safety and precision in controlled explosions.
- Strong Client Base – Long-term contracts with mining, tunneling, and road development companies.
Conclusion: Is Beezaasan Explotech Limited a Good Investment?
The Beezaasan Explotech Limited IPO offers a unique opportunity in the industrial explosives sector, which benefits from infrastructure expansion and mining growth. With its solid financial performance, expansion plans, and increasing market demand, the company has strong growth potential. However, investors should carefully assess market conditions, IPO demand, and risk factors before making an investment decision.