Past performance
About Beezaasan Explotech Ltd Beezaasan Explotech Limited ("Beezaasan") is a manufacturer and supplier of explosives and explosive accessories, catering to industries such as cement, mining, defense, and public infrastructure. Founded on August 21, 2013, as a private limited company, it transitioned to a public limited entity on July 30, 2024. Beezaasan specializes in producing cartridge explosives like slurry explosives, emulsion explosives, and detonating fuses, designed to meet stringent industrial requirements using nitrate-based formulations. The company also supplies explosives to prominent organizations, including the Border Roads Organization and several Public Sector Undertakings.
The company began operations in 2018 with its slurry explosive manufacturing unit in Mahisagar District, Gujarat. Between 2020 and 2024, Beezaasan expanded its footprint by adding emulsion explosive units, an additional slurry explosive facility, and a detonating fuse unit, all in Mahisagar. Its production facilities are equipped with modern manufacturing technology such as KP Machines, Strapping Machines, and PLC Control Panels. These systems ensure seamless and efficient operations tailored to meet high-quality standards.
Beezaasan boasts licensed production capacities of 45,000 metric tons of slurry explosives, 11,400 metric tons of emulsion explosives, and 51 million meters of detonating fuses. These capacities are supported by well-established infrastructure, including dedicated storage for raw materials, aluminium, and explosives, quality control labs, testing areas, and destruction yards. This comprehensive setup underscores the company's commitment to safety, scalability, and operational efficiency.
To finance its growth and expand operations further, Beezaasan plans a public issue of 34,24,800 fresh equity shares. Its proven track record across diverse industries and scalable infrastructure makes it a potential opportunity for traders and investors focused on the explosives and defense sector.
Performance overview