Nexxus Petro Industries Limited IPO
BSE SMEListed On: Oct 4, 2024 at ₹ 126.0
₹ 126000 /1200 Shares
Check AllotmentExp. 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.
26 Sep, 2024
Open Date30 Sep, 2024
Close Date01 Oct, 2024
Allotment Date04 Oct, 2024
Listing DateIssue Price
₹105 per equity shareFace Value
₹10 Per Equity ShareListing at Group
BSE SMERegistrar
Kfin Technologies LimitedList Price
126.0Listing Date
2024-10-04Market Lot
1200 Shares (₹126,000/-)Lead Manager
Srujan Alpha Capital Advisors LlpIssue Size
1,850,400 shares(aggregating up to ₹19.43 Cr)Retail Portion
50%Subscription
8.45 timesNexxus Petro Industries IPO Details
Nexxus Petro Industries Limited IPO is an SME IPO, priced at ₹105 per equity share. The equity shares have a face value of ₹10 Per Equity Share each and will be listed on the BSE SME platform. The IPO comprises a total issue of 18,50,400 equity shares, aggregating up to ₹19.43 crores..
The IPO bidding window is open from Sep 26, 2024 to Sep 30, 2024. The allotment is expected to be finalized on Oct 1, 2024, and the tentative listing date is Oct 4, 2024.
The minimum lot size for retail investors is 1200 shares, with a minimum investment of ₹1,26,000.
Srujan Alpha Capital Advisors Llp is acting as the lead manager to the issue. The registrar of the IPO is Kfin Technologies Limited, and Gretex Share Broking Private Limited will act as the market maker for this issue.
Nexxus Petro Industries IPO Subscription Details
| 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 |
Nexxus Petro Industries Valuations
EPS Pre IPO
₹6.83/-EPS Post IPO
₹5.01/-P/E Pre IPO
15.37P/E Post IPO
20.94ROE
61.77%ROCE
20.81%Debt/Equity
2.50RoNW
40.36%PAT Margin
1.47Price to Book Value
6.20Nexxus 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: %
- 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
Nexxus Petro Industries
B-811 Swati Trinity, Applewood Township Sanathal Sanand, Ahmedabad, Dascroi-382210Kfin Technologies Limited
Phone: 04067162222, 04079611000
Email: npil.ipo@kfintech.com
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.
