Nexxus Petro Industries Limited
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
0₹105 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
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 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%.
Date | IPO Price | GMP | Estimated Listing Price | Last Updated |
---|---|---|---|---|
03-Oct-24 | 105.00 | 0 | 105(0.00%) | 3-Oct-2024 17:00 |
02-Oct-24 | 105.00 | 0 | 105(0.00%) | 2-Oct-2024 23:25 |
01-Oct-24 | 105.00 | 0 | 105(0.00%) | 1-Oct-2024 23:29 |
30-Sep-24 | 105.00 | 0 | 105(0.00%) | 30-Sep-2024 23:25 |
29-Sep-24 | 105.00 | 0 | 105(0.00%) | 29-Sep-2024 23:28 |
28-Sep-24 | 105.00 | 0 | 105(0.00%) | 28-Sep-2024 23:25 |
27-Sep-24 | 105.00 | 0 | 105(0.00%) | 27-Sep-2024 23:25 |
26-Sep-24 | 105.00 | 0 | 105(0.00%) | 26-Sep-2024 23:28 |
25-Sep-24 | 105.00 | 0 | 105(0.00%) | 25-Sep-2024 23:29 |
24-Sep-24 | 105.00 | 0 | 105(0.00%) | 24-Sep-2024 23:28 |
Application | Lots | Shares | Amount |
---|---|---|---|
Retail(Min) | 1 | 1,200 | ₹1.26 Lakh (1,26,000) |
Retail(Max) | 1 | 1,200 | ₹1.26 Lakh (1,26,000) |
HNI(Min) | 2 | 2,400 | ₹2.52 Lakh (2,52,000) |
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
Nexxus Petro Industries Limited
B-811 Swati Trinity
Applewood Township Sanathal Sanand
Ahmedabad, Dascroi-382210
Phone: +91 2717 454317
Email: [email protected]
Website: http://www.nexxusgroup.co.in/
The Promoters of the Company are Mr. Haresh Mohanlal Senghani, Mr. Rahul Mohanlal Senghani, Mrs. Hinaben Haresh Senghani and Mrs. Manishaben Rahul Senghani.