Beezaasan Explotech Limited IPO has ₹0 Grey Market Premium as of February 20, 2025, with a price range of ₹165 to ₹175 per share. Offering lots of 800 shares, the subscription window is open from February 21 to February 25, 2025.
Beezaasan Explotech Limited IPO GMP Today
The Grey Market Premium (GMP) for Beezaasan Explotech Limited is ₹0 as of February 20, 2025. This assessment coincides with a price of ₹165 to ₹175 per share for the IPO.
Beezaasan Explotech Limited IPO Review
Beezaasan Explotech Limited has shown consistent financial growth, with total assets increasing from ₹42.3 crore in March 2022 to ₹70.02 crore by September 2024. The company’s revenue stood at ₹66.04 crore for the half-year ended September 2024, following ₹187.9 crore in FY24 and ₹229.17 crore in FY23.
Profitability has remained steady, with profit after tax rising from ₹2.74 crore in FY22 to ₹4.87 crore in FY24. Net worth improved to ₹26.8 crore, supported by growing reserves of ₹17.3 crore. Borrowings declined from ₹43.29 crore in FY23 to ₹35.81 crore by September 2024.
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Beezaasan Explotech Limited IPO Date
Beezaasan Explotech Limited will accept subscriptions from February 21 to February 25, 2025.
Beezaasan Explotech Limited IPO Price
Beezaasan Explotech Limited’s price range is ₹165 to ₹175 per share with a face value of ₹10 each.
Beezaasan Explotech Limited
Beezaasan Explotech Limited, incorporated in August 2013, manufactures and supplies cartridge explosives, including slurry, emulsion, and detonating explosives. Serving the cement, mining, and defence industries, its Gujarat-based facility holds multiple ISO certifications. The company operates across 11 states and 2 Union Territories, ensuring a strong PAN India presence.
How To Apply For Beezaasan Explotech Limited IPO?
To apply for the Beezaasan Explotech Limited IPO through Alice Blue, follow these steps:
1. Open a Demat and Trading Account with Alice Blue if you don’t have one.
2. Access IPO details for Beezaasan Explotech Limited on the Alice Blue platform.
3. Place your bid for the desired number of shares within the IPO’s price range.
4. Confirm your information and submit your application quickly.
You can apply for the Beezaasan Explotech Limited IPO at Alice Blue in just a few clicks!
Disclaimer: The above article is written for educational purposes, and the companies’ data mentioned in the article may change with respect to time The securities quoted are exemplary and are not recommendatory.