Nexxus Petro Industries IPO GMP, Review, Price, Allotment

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Last updated on October 2, 2024

Nexxus Petro Industries IPO GMP

Nexxus Petro Industries IPO description – Nexxus Petro Industries is involved in trading, manufacturing, and selling petrochemical products, specifically bitumen, which is widely used in road construction. The company sources bitumen through imports from Dubai and purchases from domestic importers in India. The bitumen is further processed at the company’s units in Mundra, Gujarat; Pali, Rajasthan; and Bhopal, Madhya Pradesh.

The company manufactures and distributes high-quality bitumen, bitumen emulsions, and specialized bituminous products to infrastructure companies, government agencies, road authorities, and the bitumen industry. It is BIS and ISO certified for its products and processes. With recent upgrades to its processing unit, the company has enhanced production capacity and product quality, leading to a growing customer base due to its customer-focused approach.

As of September 2024, the company has 17 permanent employees.

Nexxus Petro Industries IPO Allotment Status

Promoters of Nexxus Petro Industries – Mr. Haresh Mohanlal Senghani, Mr. Rahul Mohanlal Senghani, Mrs. Hinaben Haresh Senghani, and Mrs. Manishaben Rahul Senghani


Nexxus Petro Industries IPO Details

Nexxus Petro Industries IPO Dates26 – 30 September 2024
Nexxus Petro Industries Issue PriceINR 105 per share
Fresh issue18,50,400 shares (INR 19.43 crore)
Offer For SaleNIL
Total IPO size18,50,400 shares (INR 19.43 crore)
Minimum bid (lot size)1,200 Shares (INR 1,26,000)
Face Value INR 10 per share
Retail Allocation50%
Listing OnBSE SME

Nexxus Petro Industries Financial Performance

 FY 2022FY 2023FY 2024
Revenue48.47142.81237.78
Expenses47.73140.04233.64
Net income0.542.013.48
Figures in INR Crores unless specified otherwise

Nexxus Petro Industries Offer News


Nexxus Petro Industries Valuations & Margins

FY 2022FY 2023FY 2024
EPS2.087.738.99
PE ratio––11.68
RONW (%)84.3975.8240.36
NAV64.06264.9316.93
ROCE (%)18.1630.7320.81
EBITDA (%)1.682.502.58
Debt/Equity 5.773.152.50
*Compiled by IPO Central from Prospectus

Nexxus Petro Industries IPO GMP Today

DateConsolidated IPO GMPKostakSubject to Sauda
Coming soon–––

Nexxus Petro Industries IPO Subscription – Live Updates

CategoryNon-retailRetailTotal
Shares Offered8,78,4008,78,40017,56,800
30 Sep 20248.518.418.46
27 Sep 20240.363.151.76
26 Sep 20240.101.300.70

The market maker reservation portion of 93,600 shares is not included in the above calculations.


Nexxus Petro Industries IPO Allotment Status

Nexxus Petro Industries IPO allotment status is now available on the KFin Tech website. Click on this link to get allotment status.


Nexxus Petro Industries IPO Dates & Listing Performance

IPO Opening Date26 September 2024
IPO Closing Date30 September 2024
Finalization of Basis of Allotment1 October 2024
Initiation of refunds3 October 2024
Transfer of shares to demat accounts3 October 2024
IPO Listing Date4 October 2024
Opening Price on BSE SMEComing soon
Closing Price on BSE SMEComing soon

Nexxus Petro Industries Offer Lead Manager

SRUJAN ALPHA CAPITAL ADVISORS LLP
824 & 825, Corporate Avenue
Sonawala Road , Goregaon (E)
Mumbai – 400063
Phone: +91 2246030709
E-mail: [email protected]
Website: www.srujanalpha.com


Nexxus Petro Industries Offer Registrar

KFIN TECHNOLOGIES LIMITED
Selenium Tower – B, Plot 31 & 32, Gachibowli,
Financial District, Nanakramguda, Serilingampally,
Hyderabad – 500 032, Telangana
Tel: +91 40 6716 2222
E-mail: [email protected]
Website: www.kfintech.com


Nexxus Petro Issue Contact Details

NEXXUS PETRO INDUSTRIES LIMITED
B-811 Swati Trinity, Applewood Township Sanathal Sanand,
Sarkhej, Ahmedabad, Dascroi, Gujarat, India, 382210
Phone: +91 2717 454317
E-mail: [email protected]
Website: www.nexxusgroup.co.in


IPO FAQs

What is the Nexxus Petro Industries offer size?

Nexxus Petro Industries offer size is INR 19.43 crore.

What is the Nexxus Petro Industries offer price band?

Nexxus Petro Industries public offer price is INR 105 per share.

What is the lot size of the Nexxus Petro IPO?

Nexxus Petro Industries offer a lot size is 1,200 Shares.

What is Nexxus Petro Industries IPO GMP today?

Nexxus Petro Industries IPO GMP today is INR NA per share.

What is the Nexxus Petro Industries kostak rate today?

Nexxus Petro Industries kostak rate today is INR NA per application.

What is Nexxus Petro Industries Subject to the Sauda rate today?

Nexxus Petro Industries is Subject to the Sauda rate today is INR NA per application.

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