Registered Office:
5th Flr 511 Pramukh Tangent,Complex Sargasan Cr.Rd S.G.Hig,
Gandhinagar - 382421,
Gujarat, India.
Phone : +91 63596 07701
Fax : NA
Initial public offer of upto 34,24,800 equity shares of face value of (Rs) 10/- each (The "Equity Shares") of Beezaasan Explotech Limited ("The Company" or "Beezaasan Explotech" or "The Issuer") for cash at a price of (Rs) 175 per equity share including a share premium of (Rs) 165 per equity share (The "Issue Price") aggregating to (Rs) 59.93 crores ("The Issue"), of which upto 1,76,000 equity shares of face value of (Rs) 10/- each for cash at a price of (Rs) 175 per equity share including a share premium of (Rs) 165 per equity share aggregating to (Rs) 3.08 crores will be reserved for subscription by market maker to the issue (The "Market Maker Reservation Portion"). The issue less the market maker reservation portion i.e., net issue of upto 32,48,800 equity shares of face value of (Rs) 10/- each at a price of (Rs) 175 per equity share including a share premium of (Rs) 165 per equity share aggregating to (Rs) 56.85 crores is herein after referred to as the "Net Issue". The issue and the net issue will constitute 26.51% and 25.14% Respectively of the post issue paid up equity share capital of the Company.
The face value of the equity share is (Rs) 10 each. The issue price is 17.5 times the face value of the equity shares.
| Issue |
Money Payable On |
| Opens On |
Closes On |
Allotment |
Application |
| 21-Feb-25 | 25-Feb-25 |
0.00-0.00 |
175.00-0.00 |
Minimum Application for shares in Nos :
800
Further Multiples of :
800
|
(Rs. in Cr) |
Lead Managers to the Issue |
| Project Cost |
52.34 |
Smart Horizon Advisors Pvt Ltd |
| Project Financed |
59.93 |
|
| Post Issue |
12.92 |
|
| Issue Price |
12.92 |
|