The Beezaasan Explotech IPO minimum market lot is 800 shares with ₹1,40,000 application amount. The Beezaasan Explotech IPO is a SME IPO, and it is to be listed on BSE.
Beezaasan Explotech Limited, one of the well-known companies active in manufacturing and supplying comprehensive Explosives and Explosive accessories was founded in August 2013. In the Explosive category, they provide a diverse selection of products including cartridge explosives, slurry, emulsion, and detonating explosives. The company uses a mixture of nitrate to manufacture its products serving different industries such as the cement industry, mining industry, and defense industry. At first, in 2018, the company decided to grow its business with the manufacturing of slurry Explosive in Bhanthala Village, Mahisagar District, Gujarat. While in between 2020 and 2024, they planned to expand their business by incorporating an emulsion explosive unit, an additional slurry explosive unit, and a detonating fuse unit at the same location in Mahisagar District. Beezaasan Explotech serves across India, delivering to 11 states and 2 union territories as of March 31, 2024. Whereas, as of September 30, 2024, the company has a staff of 188 people
IPOWatch View
We recommend investors may apply for an IPO with Long-term Views. Investors should also look at the QIB, NII, and Retail numbers before investing.
Beezaasan Explotech IPO Subscription Status – Day 3
| Category | Day 1 | Day 2 | Day 3 |
| QIB | 0.61 | 1.56 | 11.52 |
| NII | 0.44 | 0.18 | 4.65 |
| RII | 0.33 | 0.71 | 2.26 |
| Total | 0.43 | 0.84 | 5.43 |
Beezaasan Explotech IPO Investor Categories
- Qualified Institutional Buyers (QIB): Financial Institutions, Banks, FIIs, and Mutual Funds
- Non-Institutional Investors(NII): Individual Investors, NRIs, Companies, Trusts, etc
- Retail Individual Investors (RII): Retail Individual Investors or NRIs
- Employee (EMP): Eligible Employees
- Others: Eligible Shareholders
Beezaasan Explotech IPO Review and Rating
- May Apply For Long-term View
Beezaasan Explotech IPO Form
How to apply for the Beezaasan Explotech IPO? You can apply for Beezaasan Explotech IPO via ASBA available in your bank account. Just go to the online bank login and apply via your bank account by selecting the Beezaasan Explotech IPO in the Invest section. The other option is you can apply for Beezaasan Explotech IPO via IPO forms downloaded online. Check out the Beezaasan Explotech forms – Click IPO Forms blank IPO forms download, fill, and submit in your bank or with your broker.
