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Issue Open Date
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21-Feb-25
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Issue Closing Date
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25-Feb-25
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Application Money
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100
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Allotment Money
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Price Band
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165
-
175
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Minimium Application No.
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800
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Issue Size (Shares)
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2456800
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Market Lot
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1
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Objective
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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.
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Category
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No. of Shares
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No. of Shares
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Subscription Ratio
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Offered / Reserved |
Bid For |
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Non-Institutional Investors
|
664800
|
2450400
|
3.68592057761733
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Qualified Institutional Buyers
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653600
|
7530400
|
11.5214198286414
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Retail Individual Investors
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1138400
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2567200
|
2.25509486999297
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Business Description
We deal in manufacturing and supplying a wide array of Explosives and Explosive accessories covering mainly cartridgeexplosives which includes Slurry Explosives, Emulsion Explosives and Detonating Fuse. Our Products are manufacturedusing mixture of nitrate, catering to diverse requirements. Through the expertise of our promoters in diversified fieldapplication knowledge, we have designed products that meet the stringent requirements of varied Industries which includescement industry, mining industry and defence industry. we also supply to Border Roads Organization and Public SectorUndertakings as well. We have our manufacturing units with the technologically equipped Quality Assurance Systemswhich ensures high standard of inputs and outgoing products.
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Promoter's Holding
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Total Share Capital
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9118580
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Offered to Public
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3424800
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Promoter's Holding (Pre-Issue)
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96.02
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Promoter's Holding (Post-Issue)
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70.57
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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
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Registrar |
K FIN Technologies Ltd.-(Karvy Fintech Pvt Ltd.)
Karvy Selenium Tower B
Plot 31-32
Gachibowli
Financial District
Nanakramguda
Hyderabad
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Listed at |
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BSE
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Lead Manager |
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Smart Horizon Capital Advisors Pvt Ltd.
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Promoters |
Navneet R Somani HUF
Navneetkumar Radheshyam Somani
Rajan Sunilkumar Somani
Sunil R Somani HUF
Sunilkumar Radheshyam Somani
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