Nexxus Petro Industries Limited IPO

BSE SME

Listed On: Oct 4, 2024 at ₹ 126.0

₹ 126000 /1200 Shares

Exp. Premium is derived from market rumors and internet sources. It does not reflect the actual IPO listing price or value. Please review the RHP and consult a financial advisor before investing.

Nexxus Petro Industries IPO Details

26 Sep, 2024

Open Date

30 Sep, 2024

Close Date

01 Oct, 2024

Allotment Date

04 Oct, 2024

Listing Date

Issue Price

₹105 per equity share

Face Value

₹10 Per Equity Share

Listing at Group

BSE SME

Registrar

Kfin Technologies Limited

List Price

126.0

Listing Date

2024-10-04

Market Lot

1200 Shares (₹126,000/-)

Lead Manager

Srujan Alpha Capital Advisors Llp

Issue Size

1,850,400 shares(aggregating up to ₹19.43 Cr)

Retail Portion

50%

Subscription

8.45 times

IPO Docs

DRHP RHP

The IPO of Nexxus Petro Industries is priced at ₹105 per equity share, which has a face value of ₹10 Per Equity Share each. The company shall list its equity shares on BSE SME. Kfin Technologies Limited is the registrar of the issue.

Nexxus Petro Industries IPO bid opening date is from Sep 26, 2024 and the bid closing date was Sep 30, 2024.
Nexxus Petro Industries IPO allotment result will be available on Oct 1, 2024. The tentative listing date for Nexxus Petro Industries is Oct 4, 2024.

The total issue size is 1,850,400 shares(aggregating up to ₹19.43 Cr).

As on	QIB / NII	Retail	Total
Shares Offered / Reserved	878,400	878,400	1,756,800
Day 1 - 26-09-24 06:00 PM	0.10 x	1.30 x	0.70 x
Day 2 - 27-09-24 06:00 PM	0.26 x	3.15 x	1.70 x
Day 3 - 30-09-24 06:00 PM	8.41 x	8.50 x	8.45 x

Total No. of Applications: 15,608 (Approx)

Nexxus Petro Industries Valuations

EPS Pre IPO

₹6.83/-

EPS Post IPO

₹5.01/-

P/E Pre IPO

15.37

P/E Post IPO

20.94

ROE

61.77%

ROCE

20.81%

Debt/Equity

2.50

RoNW

40.36%

PAT Margin

1.47

Price to Book Value

6.20

Nexxus Petro Industries Company Financials All values are in ₹ Lakh

	31-Mar-24	31-Mar-23	31-Mar-22
Assets	3,892.55	1,644.96	932.77
Revenue	23,837.57	14,283.95	4,847.02
Profit After Tax	348.47	200.87	54.06
Net Worth	863.4	264.93	N/A
Reserves & Surplus	353.4	254.93	N/A
Total Borrowing	2,161.43	835.1	N/A

About The Company

Nexxus Petro Industries Limited is a firm integrated in October 2021 that deals with trading, manufacturing, and sale of petrochemical products, particularly bitumen products.

The company offers high-quality production and supply of bitumen, bitumen emulsions, and special allied bituminous products directly to infrastructure/construction companies, government agencies, road authorities, and the bitumen industry.

BIS and ISO certified company for its products and processes. Upgraded the processing unit with a view to enhancing the production capacity and product quality. Due to its positive approach towards the clients, there is an increase in customers.

Three manufacturing units are situated each in Gujarat, Rajasthan and Madhya Pradesh.

Till date, September 2024, 17 permanent employees.

Nexxus Petro Industries - Promoter(s)

Pre Issue Share Holding: 100%

Post Issue Share Holding: %

Company Promoter(s)

Mr. Haresh Mohanlal Senghani, Mr. Rahul Mohanlal Senghani, Mrs. Hinaben Haresh Senghani and Mrs. Manishaben Rahul Senghani.

Nexxus Petro Industries IPO - Issue Objectives

Funding the working capital requirements of the Company
General corporate purposes.

Other Details

Company Contact Details

Nexxus Petro Industries

B-811 Swati Trinity, Applewood Township Sanathal Sanand, Ahmedabad, Dascroi-382210

Phone: +91 2717 454317

Email: cs@nexxusgroup.co.in

Website: http://www.nexxusgroup.co.in/

Registrar Contact Details

Kfin Technologies Limited

Phone: 04067162222, 04079611000

Email: npil.ipo@kfintech.com

Website: https://kosmic.kfintech.com/ipostatus/

Nexxus Petro Industries IPO - FAQs

Ans. Nexxus Petro Industries Limited IPO is a SME IPO. The issue is priced at ₹105 per equity share. The minimum order quantity is 1200 Shares. The IPO opens on Sep 26, 2024, and closes on Sep 30, 2024. Kfin Technologies Limited is the registrar for the IPO. The shares are proposed to be listed on BSE SME.

Ans. The Nexxus Petro Industries Limited IPO opens on Sep 26, 2024 and closes on Sep 30, 2024.

Ans. The size of Nexxus Petro Industries Limited IPO is 1,850,400 shares(aggregating up to ₹19.43 Cr).

Ans. The IPO price band is set between ₹105 per equity share.

Ans. To apply for Nexxus Petro Industries Limited IPO IPO, follow the steps given below:

- Open the IPO Ji App or Website
- Find Nexxus Petro Industries Limited IPO in the List of IPOs
- Press "Apply" Button
- Select Your Demat Account
- Select Your Shares Quantity and Submit
- Track Your IPO Status

Ans. The share allotment date of Nexxus Petro Industries Limited IPO is Oct 1, 2024.

Ans. The Nexxus Petro Industries Limited IPO will be listed on Oct 4, 2024.

Ans. Follow the steps to check the allotment status for Nexxus Petro Industries Limited IPO here.