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Nexxus Petro Industries Limited IPO (Nexxus Petro Industries IPO ) Details

Nexxus Petro Industries Limited

Nexxus Petro Industries IPO 's overview

Nexxus Petro Industries IPO bidding started from Sep 26, 2024 and ended on Sep 30, 2024. The allotment for Nexxus Petro Industries IPO was finalized on Oct 01, 2024. The shares got listed on BSE on Oct 04, 2024.

Nexxus Petro Industries IPO price band is set at ₹0 to ₹105 per share. The minimum lot size for an application is 1200 Shares. The minimum amount of investment required by retail investors is ₹0.

Refer to Nexxus Petro Industries IPO RHP for detailed information.

  • IPO date

    Sep 26,2024 - Sep 30,2024

  • Listing Date

    Oct 04,2024

  • Face value

    10

  • Price Band

    0105 per share

  • Lot

    1200 Shares

  • Total Issue Size

    18.50 Lakh (18,50,400)

    aggregating up to 19.43 Cr (19,42,92,000)

  • Fresh Issue

    18.50 Lakh (18,50,400)

    aggregating up to ₹19.43 Cr (19,42,92,000)

  • Issue Type

    Fixed Price

  • IPO Type

    SME
  • Listing At

    BSE

  • Thu, Sep 26, 2024

    IPO Open

  • Mon, Sep 30, 2024

    IPO Close

  • Tue, Oct 01, 2024

    Basis of Allotment

  • Thu, Oct 03, 2024

    Initiation of Refunds

  • Thu, Oct 03, 2024

    Credit of Shares to Demat

  • Fri, Oct 04, 2024

    Listing

Nexxus Petro Industries IPO Day-wise IPO GMP Trend

Nexxus Petro Industries IPO last GMP is ₹0, last updated Oct 03,2024. With the price band of 105.00, Nexxus Petro Industries IPO 's estimated listing price is ₹105 (cap price + today's GMP).The expected percentage gain/loss per share is 0.00%.

DateIPO PriceGMPEstimated Listing PriceLast Updated
03-Oct-24105.000
105(0.00%)3-Oct-2024 17:00
02-Oct-24105.000
105(0.00%)2-Oct-2024 23:25
01-Oct-24105.000
105(0.00%)1-Oct-2024 23:29
30-Sep-24105.000
105(0.00%)30-Sep-2024 23:25
29-Sep-24105.000
105(0.00%)29-Sep-2024 23:28
28-Sep-24105.000
105(0.00%)28-Sep-2024 23:25
27-Sep-24105.000
105(0.00%)27-Sep-2024 23:25
26-Sep-24105.000
105(0.00%)26-Sep-2024 23:28
25-Sep-24105.000
105(0.00%)25-Sep-2024 23:29
24-Sep-24105.000
105(0.00%)24-Sep-2024 23:28

Nexxus Petro Industries IPO Lot Size

ApplicationLotsSharesAmount

Retail(Min)

11,2001.26 Lakh (1,26,000)

Retail(Max)

11,2001.26 Lakh (1,26,000)

HNI(Min)

22,4002.52 Lakh (2,52,000)

About Nexxus Petro Industries Limited

Incorporated in October 2021, Nexxus Petro Industries Limited is involved in the trading, manufacturing, and sale of petrochemical products, particularly bitumen products.

The company produces and distributes high-quality bitumen, bitumen emulsions, and special bituminous allied products to infrastructure/construction companies, government agencies, road authorities, and the bitumen industry.

The company is BIS and ISO certified for its products and processes. It has upgraded its processing unit, boosting production capacity and product quality. This has led to an increase in customers due to its positive approach towards clients.

The company has three manufacturing units each in Gujarat, Rajasthan and Madhya Pradesh. 

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

Competitive Strengths

  • Experienced Management Team to look after day to day operations.
  • Strong Supplier relationship for business growth
  • Factories in Kutch, Gujarat, Pali, Rajasthan, and Bhopal, Madhya Pradesh, are well-equipped with modern machines and advanced processes.

Nexxus Petro Industries IPO 's documents

Nexxus Petro Industries Limited Contact Details

Nexxus Petro Industries Limited
B-811 Swati Trinity
Applewood Township Sanathal Sanand
Ahmedabad, Dascroi-382210
Phone: +91 2717 454317
Email: [email protected]
Websitehttp://www.nexxusgroup.co.in/

Nexxus Petro Industries IPO 's Promoters

The Promoters of the Company are Mr. Haresh Mohanlal Senghani, Mr. Rahul Mohanlal Senghani, Mrs. Hinaben Haresh Senghani and Mrs. Manishaben Rahul Senghani.