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Basis Of Allotment

Beezaasan Explotech Ltd.
Issue Open Date 21-Feb-25  
Issue Closing Date 25-Feb-25  
Application Money 100  
Allotment Money  
Price Band (Rs.) 165 - 175  
Minimum Bid Quantity. 800  
Issue Size (Shares) 2456800  
Market Lot 1  
Objective :

1. Funding the Capital expenditure towards civil construction required for Expansion of existing manufacturing unit for Emulsion Explosive-3 Plant, Emulsion Bulk Explosive Plant and Detonating Fuse Plant at the existing Manufacturing facility situated at Bhanthala, Mahisagar, Gujarat;2. Funding of Capital expenditure towards purchase of Plant and Machineries for Expansion of existing manufacturing unit for Emulsion Explosive-3 Plant, Emulsion Bulk Explosive Plant and Detonating Fuse Plant at the existingManufacturing facility situated at Bhanthala, Mahisagar, Gujarat;3. Funding of Capital expenditure towards civil construction required for Expansion of additional magazine (Storage) facility required for Emulsion Cartridge Explosives and Detonating Fuse at the existing location situated at Felsani, Gujarat;4. Purchase of Commercial Vehicle;5. Repayment/prepayment of all or certain of our borrowings availed of by our Company;6. General corporate purposes.

Business Description

We deal in manufacturing and supplying a wide array of Explosives and Explosive accessories covering mainly cartridgeexplosives which includes Slurry Explosives, Emulsion Explosiv...

Promoter's Holding
Total Share Capital   9118580  
Offered to Public   2456800  
Promoter's Holding (Pre-Issue)   96.02  
Promoter's Holding (Post-Issue)   70.57  
Address
5th Floor
511
Pramukh Tangent Complex
Sargasan Cross Road
S. G. Highway
Gandhinagar ,
Gujarat ,
382421
Phone : 6359607701
Email : investors@beezaasan.in
Website : www.beezaasan.com
Registrar
K FIN Technologies Ltd.-(Karvy Fintech Pvt Ltd.)
Karvy Selenium Tower B
Plot 31-32
Gachibowli
Financial District
Nanakramguda
Hyderabad
Listed at
BSE
Lead Manager
Smart Horizon Capital Advisors Pvt Ltd.
Promoters
Navneet R Somani HUF
Navneetkumar Radheshyam Somani
Rajan Sunilkumar Somani
Sunil R Somani HUF
Sunilkumar Radheshyam Somani
Attention Investors KYC ASBA

Attention Investors

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