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Beezaasan Explotech IPO is a book-built issue worth ₹59.93 crores, consisting entirely of a fresh issue of 34.25 lakh shares.
The IPO subscription opens on February 21, 2025, and closes on February 25, 2025. The allotment is expected to be finalized on February 27, 2025, with a tentative listing on BSE SME scheduled for March 3, 2025.
The price band for Beezaasan Explotech IPO is set at ₹165 to ₹175 per share, with a minimum lot size of 800 shares. Retail investors must make a minimum investment of ₹1,32,000, though it is recommended to bid at the cutoff price (~₹1,40,000) to avoid oversubscription risks. HNI investors must apply for at least 2 lots (1,600 shares), requiring an investment of ₹2,80,000.
| IPO Date | February 21, 2025 to February 25, 2025 |
| Listing Date | March 3, 2025 |
| Face Value | ₹10 per share |
| Issue Price Band | ₹165 to ₹175 per share |
| Lot Size | 800 Shares |
| Total Issue Size | 34,24,800 shares (aggregating up to ₹59.93 Cr) |
| Fresh Issue | 34,24,800 shares (aggregating up to ₹59.93 Cr) |
| Issue Type | Book Built Issue IPO |
| Listing At | BSE SME |
| Share Holding Pre Issue | 94,96,333 shares |
| Share Holding Post Issue | 1,29,21,133 shares |
| Market Maker Portion | Share Holding Pre-Issue |
| IPO Open Date | Fri, Feb 21, 2025 |
| IPO Close Date | Tue, Feb 25, 2025 |
| Tentative Allotment | Thu, Feb 27, 2025 |
| Initiation of Refunds | Fri, Feb 28, 2025 |
| Credit of Shares to Demat | Fri, Feb 28, 2025 |
| Tentative Listing Date | Mon, Mar 3, 2025 |
| Cut-off time for UPI mandate confirmation | 5 PM on February 25, 2025 |
| Application | Lots | Shares | Amount |
|---|---|---|---|
| Retail (Min) | 1 | 800 | ₹1,40,000 |
| Retail (Max) | 1 | 800 | ₹1,40,000 |
| HNI (Min) | 2 | 1,600 | ₹2,80,000 |
| Investor Category | Shares Offered |
|---|---|
| QIB Shares Offered | Not more than 50% of the Net Issue |
| Retail Shares Offered | Not less than 35% of the Net Issue |
| NII (HNI) Shares Offered | Not less than 15% of the Net Issue |
| Period Ended | 30 Sep 2024 | 31 Mar 2024 | 31 Mar 2023 | 31 Mar 2022 |
| Assets | 82.09 | 68.99 | 61.63 | 42.3 |
| Revenue | 101.44 | 187.9 | 229.17 | 141.91 |
| Profit After Tax | 8.33 | 4.87 | 2.94 | 2.74 |
| Net Worth | 31.12 | 23.2 | 14.34 | 10.45 |
| Reserves and Surplus | 21.63 | 13.7 | 6.95 | 3.7 |
| Total Borrowing | 39.66 | 36.94 | 43.29 | 23.93 |
Maximizing Opportunities with Beezaasan Explotech Limited IPO
The Beezaasan Explotech IPO presents an opportunity for investors to participate in a ₹59.93 crore book-built issue, comprising 34.25 lakh fresh shares. With a price band of ₹165 to ₹175 per share, the IPO has garnered attention, particularly among retail and HNI investors.
Given the minimum lot size of 800 shares, retail investors need to invest at least ₹1,32,000, but bidding at the cutoff price (~₹1,40,000) is advised to mitigate oversubscription risks. HNI investors must apply for at least 2 lots (1,600 shares), requiring an investment of ₹2,80,000.
With the IPO opening on February 21, 2025, and closing on February 25, 2025, allotment is expected to be finalized by February 27, 2025, and the listing is scheduled on BSE SME on March 3, 2025. Investors should carefully evaluate the company’s financials, growth prospects, and market conditions before making an investment decision.
