The Beezaasan Explotech IPO Allotment Status is now available. The IPO subscription had started on February 14, 2025, and ended on February 18, 2025, Friday. The allotment was released on February 19, 2025, Monday, after the basis of allotment was finalized. The investors who applied for the IPO will be able to check the Beezaasan Explotech IPO Allotment on the KFin Technologies Limited website or the BSE website.
The recent IPO of Beezaasan Explotech saw an overall subscription of 5.43 times, with investors bidding for 1,23,73,600 shares against the 22,80,800 shares offered, totaling ₹216.538 crore. Anchor Investors and Market Makers fully subscribed to their portions, each at 1 time. Qualified Institutional Buyers (QIBs) showed significant interest, oversubscribing by 11.52 times. Non-Institutional Buyers subscribed 4.65 times their allotted shares, while Retail Investors subscribed 2.26 times their portion. The total number of applications received was 4,645.
Beezaasan Explotech’s SME IPO, with a price band of ₹175 per share, currently has a Grey Market Premium (GMP) of ₹1, suggesting an estimated listing price of ₹176. This indicates an expected gain of approximately 0.57% per share.
Overview of Contents
Beezaasan Explotech IPO Dates
| Event | Date |
|---|---|
| Opening Date for Bidding | February 21, 2025 (Friday) |
| Closing Date for Bidding | February 25, 2025 (Tuesday) |
| UPI Mandate Confirmation Deadline | February 25, 2025 (Tuesday) – 5:00 PM |
| Share Allotment (Tentative) | February 27, 2025 (Thursday) |
| Refund Process Begins | February 28, 2025 (Friday) |
| Shares Credited to Demat Accounts | February 28, 2025 (Friday) |
| Expected Listing on BSE SME | March 3, 2025 (Monday) |
How to Check Beezaasan Explotech IPO Allotment Status
Investors who applied for Beezaasan Explotech IPO can check their allotment status through 4 different methods: Kfintech, BSE, Demat Account, and Bank Account. Follow the steps below to check your IPO allotment status.
| KfinTech: | KfinTech IPO Allotment Page |
| BSE: | BSE IPO Allotment Page |
| NSE: | NSE IPO Allotment Page |
| Equity Market Insights | IPO Allotment Status Page |
Step 1: How to Check Beezaasan Explotech IPO Allotment Status on KFinTech?
- Visit the KFinTech website and navigate to the IPO allotment section.
- Select ‘Beezaasan Explotech’ from the dropdown menu.
- Choose between PAN Number, Application Number, or DP ID.
- Enter the selected details and click ‘Search’ to view your allotment status.
Step 2: How to Check Beezaasan Explotech IPO Allotment Status on BSE
- Go to the official BSE IPO allotment page.
- Select ‘Beezaasan Explotech’ from the list of IPOs.
- Provide your PAN Number, Application Number, or DP ID as per your preference.
- Click ‘Search’ to check your allotment details.
Step 3: How to Check Beezaasan Explotech IPO Allotment in Your Demat Account
- Log in to your Demat or trading account through your broker’s platform.
- Look for the credited shares under your holdings section.
- If shares are allotted, they will be reflected in your Demat account.
Step 4: How to Check Beezaasan Explotech IPO Allotment in Your Bank Account
- Access your bank account linked to the IPO application.
- Check the balance or transaction history.
- If allotted, the IPO amount will be debited; otherwise, the blocked amount will be released.
- You may also receive an SMS confirmation regarding the transaction.
About Company
Beezaasan Explotech Limited, incorporated in August 2013, specializes in manufacturing and supplying a wide range of explosives and accessories primarily used in the cement, mining, and defense industries. The company produces high-quality cartridge explosives, including slurry, emulsion, and detonating explosives. Its manufacturing facility is located in Gujarat and holds multiple quality certifications such as ISO 9001:2015, ISO 14001:2015, and ISO 45001:2018.
With a PAN India presence across 11 states and 2 Union Territories, Beezaasan Explotech serves a diverse client base. As of September 30, 2024, the company employs 188 personnel across its manufacturing plant, corporate office, and registered office. Its competitive strengths include being a one-stop solution for explosives, maintaining strong relationships with key customers and suppliers, an experienced management team, and a continuous focus on innovation.
Beezaasan Explotech IPO FAQs
When is the Beezaasan Explotech IPO allotment date?
The allotment is finalized on February 27, 2025.
What is the refund date for the Beezaasan Explotech IPO?
Refunds are initiated on February 28, 2025.
How can I check my Beezaasan Explotech IPO allotment status?
A3: You can check your allotment status using your PAN number, application number, or by verifying the amount deducted in your bank account.