Beezaasan Explotech IPO Day 1: Subscription Status, GMP, Key Dates, and All You Need to Know
The much-awaited Beezaasan Explotech IPO opened for subscription on February 21, 2025, generating buzz among investors. As the company seeks to raise ₹59.93 crore through its initial public offering (IPO), market participants are closely monitoring the subscription status, Grey Market Premium (GMP), and other crucial details.
If you’re considering investing in the Beezaasan Explotech IPO, here’s everything you need to know, including key dates, pricing, and subscription updates.
Beezaasan Explotech IPO Subscription Status
As of February 21, 2025, at 5:10 PM, the Beezaasan Explotech IPO was subscribed 0.43 times overall. Here’s how the different investor categories have responded so far:
| Investor Category | Subscription (Times) |
|---|---|
| Retail Investors | 0.33 |
| Qualified Institutional Buyers (QIB) | 0.61 |
| Non-Institutional Investors (NII) | 0.44 |
The subscription window remains open until February 25, 2025, allowing more investors to participate in the offering.
Beezaasan Explotech IPO Key Dates
Investors should take note of the important dates associated with the IPO:
- IPO Opening Date: February 21, 2025
- IPO Closing Date: February 25, 2025
- Allotment Finalization: February 27, 2025
- Refund Initiation: February 28, 2025
- Credit of Shares to Demat Accounts: March 1, 2025
- Listing Date: March 3, 2025 (on BSE SME)
Beezaasan Explotech IPO Size and Pricing Details
The Beezaasan Explotech IPO is a ₹59.93 crore book-built issue, which includes a fresh issue of 34.25 lakh equity shares.
- Price Band: ₹165 – ₹175 per share
- Minimum Lot Size: 800 shares
- Retail Investors’ Minimum Investment: ₹1,32,000 (lower price band) or ₹1,40,000 (upper price band)
- HNI Minimum Investment: Two lots (1,600 shares), totaling ₹2,80,000
Experts suggest bidding at the upper price band to increase the chances of allotment, especially in case of oversubscription.
Beezaasan Explotech IPO Lead Managers and Market Makers
The IPO is managed by Smart Horizon Capital Advisors Private Limited as the book-running lead manager, while Kfin Technologies Limited is handling the registrar duties. Additionally, Rikhav Securities Limited is the market maker for this IPO.
Beezaasan Explotech IPO Grey Market Premium (GMP)
The Grey Market Premium (GMP) for Beezaasan Explotech IPO stood at ₹4, indicating that shares are trading at ₹179 in the grey market—2.29% higher than the upper price band of ₹175.
While GMP is an early indicator of market sentiment, investors should conduct thorough research before making investment decisions.
Financial Ratios of Beezaasan Explotech
To help investors make an informed decision, here are some of the key financial ratios of Beezaasan Explotech:
| Financial Metric | Value |
|---|---|
| Earnings Per Share (EPS) | ₹6.75 |
| Price-to-Earnings (P/E) Ratio | 25.93 |
| Return on Net Worth (RoNW) | 14.8% |
| Net Asset Value (NAV) per Share | ₹45.63 |
These figures provide insights into the company’s financial health and valuation.
Should You Invest in Beezaasan Explotech IPO?
Beezaasan Explotech is entering the capital markets with an aim to raise funds for business expansion and working capital requirements. While the IPO has generated interest, the initial subscription figures suggest that investors are adopting a wait-and-watch approach.
Reasons to Consider Investing:
✅ Presence in a growing industry with future potential
✅ Reasonable pricing and valuation based on financial metrics
✅ Positive Grey Market Premium (GMP)
Factors to Watch Out For:
⚠️ Modest subscription figures on Day 1
⚠️ SME IPOs may have higher volatility post-listing
Final Thoughts
With the IPO subscription window open until February 25, 2025, investors still have time to evaluate their investment strategy. The Beezaasan Explotech IPO is set to list on March 3, 2025, on the BSE SME, and its performance in the coming days will be crucial in determining investor interest.
Stay tuned for further updates on subscription status, GMP trends, and allotment details as the IPO progresses!
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Disclaimer: This blog post is for informational purposes only and should not be considered financial advice. Investors should conduct thorough research and consult with a qualified financial advisor before making any investment decisions.