Beezaasan Explotech Ltd.
Industry:
Chemicals
Issue Details
Open Date
21 Feb 2025Close Date
25 Feb 2025Size (in Crs.)
40.54 - 42.99
Size (Shares)
-Listing On
BSE
Issue Terms
Price Range
-10Lot Size
800
Type
Book building
Face Value
10
Market Lot
1
Objective of the Issue
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.
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 defenc... Show More
Address
5th Floor, 511, Pramukh Tangent Complex , Sargasan Cross Road , S. G. Highway
Gandhinagar
382421
Promoter Holding
Promoters:
Navneet R Somani HUF, Navneetkumar Radheshyam Somani, Rajan Sunilkumar Somani, Sunil R Somani HUF, Sunilkumar Radheshyam Somani
Total Share Capital
9118580
Offered to Public
3424800
% Promoter's Holding (Pre-Issue)
96.02
% Promoter's Holding (Post-Issue)
-
Shares on offer
Total Share Offer
9118580
Of above offred to public
3424800
Post Issue shares
NA
Post Issue Promoters
-
Lead Managers to the Issue:
Smart Horizon Capital Advisors Pvt Ltd.
Registrar Details
Registrar Name:
K FIN Technologies Ltd.-(Karvy Fintech Pvt Ltd.)
Address
Karvy Selenium Tower B, Plot 31-32 , Gachibowli,Financial District , Nanakramguda , Hyderabad
500032