Beezaasan Explotech Ipo

Funding the Capital expenditure towards civil construction required for the Expansion of the existing manufacturing unit for the Emulsion Explosive-3 Plant, Emulsion Bulk Explosive Plant and Detonating Fuse Plant at the existing Manufacturing facility situated at Bhanthala, Mahisagar, Gujarat;

Funding of Capital expenditure towards the purchase of Plant and machinery for Expansion of existing manufacturing unit for the Emulsion Explosive-3 Plant, Emulsion Bulk Explosive Plant and Detonating Fuse Plant at the existing Manufacturing facility situated at Bhanthala, Mahisagar, Gujarat;corporate purposes.

Funding of capital expenditure towards civil construction is required for the expansion of an additional magazine (Storage) facility for the emulsion cartridge explosives and detonating fuse at the existing location situated at Felsani, Gujarat;

Purchase of Commercial Vehicle;

Repayment/prepayment of all or certain of the borrowings availed of by the Company

General corporate purposes.

IPO Watch – May Apply

Canara Bank –

DRChoksey FinServ –

Emkay Global –

Hem Securities –

IDBI Capital –

Marwadi Shares –

Nirmal Bang –

SBICAP Securities –

Sharekhan –

SMC Global –

Sushil Finance –

Swastika Investmart –

Ventura Securities –

Geojit –

Reliance Securities –

Capital Market –

BP Wealth –

ICICIdirect –

Choice Broking –

Smart Horizon Capital Advisors Private Limited