Beezaasan Explotech IPO GMP, Kostak Rates, and Latest Updates 2025
Stay updated on the Beezaasan Explotech IPO Grey Market Premium (GMP), Kostak rates, and Subject to Sauda rates. Currently, the GMP for Beezaasan Explotech IPO has not been initiated. Keep checking for the latest updates on IPO GMP numbers.
Beezaasan Explotech IPO Overview
The Beezaasan Explotech IPO is set to open on February 21, 2025, and will close on February 25, 2025. This SME IPO aims to raise approximately ₹59.93 crores. The IPO follows a Book Built Issue format, with a price band set between ₹165 to ₹175 per share. Investors can apply for a minimum market lot of 800 shares.
Company Background
Established in August 2013, Beezaasan Explotech Limited specializes in manufacturing and supplying a wide range of explosives and explosive accessories. The company offers products like:
- Cartridge Explosives
- Slurry Explosives
- Emulsion Explosives
- Detonating Explosives
Beezaasan Explotech caters to industries such as cement, mining, and defense. The company expanded its manufacturing capabilities in Bhanthala Village, Mahisagar District, Gujarat, with the establishment of an emulsion explosive unit, additional slurry explosive unit, and detonating fuse unit between 2020 and 2024.
As of March 31, 2024, Beezaasan Explotech operates in 11 states and 2 union territories across India. As of September 30, 2024, the company employs 188 personnel.
Beezaasan Explotech IPO GMP (Grey Market Premium) Live Updates
| Date | IPO GMP | GMP Trend | Kostak Rate | Subject to Sauda |
|---|---|---|---|---|
| February 13, 2025 | ₹- | – | ₹- | ₹- |
Company Overview Beezaasan Explotech IPO GMP
Founded in August 2013, Beezaasan Explotech Limited is engaged in the manufacturing and supply of a wide range of explosives and explosive accessories. The company’s product line includes:
- Cartridge Explosives
- Slurry Explosives
- Emulsion Explosives
- Detonating Explosives
The company serves various industries, such as:
✔ Cement Industry
✔ Mining Industry
✔ Defense Sector
Beezaasan Explotech has expanded its business operations in Gujarat, with manufacturing units in Bhanthala Village, Mahisagar District. Between 2020 and 2024, the company established additional facilities for emulsion explosives, slurry explosives, and detonating fuses. As of March 31, 2024, Beezaasan Explotech operates in 11 states and 2 union territories across India and employs 188 staff members as of September 30, 2024.
Utilization of IPO Proceeds Beezaasan Explotech IPO GMP
The funds raised from the IPO will be used for:
✔ Expansion of manufacturing units in Gujarat
✔ Purchase of machinery for new production lines
✔ Civil construction for storage and safety enhancements
✔ Purchase of commercial vehicles
✔ Repayment of outstanding loans
✔ General corporate purposes
What is IPO GMP?
The Grey Market Premium (GMP) represents the price at which an IPO is being traded in the unofficial market before its listing on the stock exchange. It indicates investor sentiment and demand for the IPO.
What is Kostak Rate?
The Kostak rate is the amount an investor can earn by selling their IPO application (before allotment) in the off-market transaction.
What is Subject to Sauda?
Subject to Sauda is the premium amount an investor receives if their IPO allotment is successful.
Beezaasan Explotech IPO Key Dates
| Event | Date |
|---|---|
| IPO Open Date | February 21, 2025 |
| IPO Close Date | February 25, 2025 |
| Allotment Finalization | February 27, 2025 |
| Refund Initiation | February 28, 2025 |
| Shares Credited to Demat | February 28, 2025 |
| IPO Listing Date | March 3, 2025 |
Beezaasan Explotech IPO Grey Market Premium FAQs
What is the Beezaasan Explotech IPO GMP today?
Currently, the Beezaasan Explotech IPO GMP is not available.
What is the Beezaasan Explotech IPO Kostak rate today?
The Kostak rate has not been determined yet.
What is the Beezaasan Explotech IPO Subject to Sauda today?
The Subject to Sauda rate is yet to be updated.
What are the expected returns from the Beezaasan Explotech IPO?
The expected returns on the IPO will depend on market conditions and investor demand.
Disclaimer
- The IPO Grey Market Premium (GMP) rates mentioned are valid only for the specific date listed above.
- We do not facilitate buying or selling of IPO applications in the grey market.
- The Kostak rate refers to the premium received for selling an IPO application before allotment.
- Do not invest in an IPO based solely on GMP. Always consider the fundamentals and financial health of the company before subscribing.