IPO Trending
NEXXUSSME / BSEListed

Nexxus Petro Industries Limited

Incorporated in October 2021, Nexxus Petro Industries Limited specializes in the trading, manufacturing, and sale of high-quality petrochemical products, mainly bitumen and bitumen emulsions for the infrastructure and construction sector, serving government agencies and road authorities. The company holds BIS and ISO certifications, ensuring strict quality standards in its products and processes, and recent upgrades to its three manufacturing units located in Kutch (Gujarat), Pali (Rajasthan), and Bhopal (Madhya Pradesh) have boosted production capacity and enhanced product quality, resulting in better customer satisfaction and a growing client base. With only 17 permanent employees as of September 2024, Nexxus Petro maintains lean operations and focused management.

₹105 - ₹1058.5x sub
Listed Price126.00
Listing Gain+20.00%
TimelineFixed Price IPO
Open26 Sep 2024
Close30 Sep 2024
Allotment01 Oct 2024
Listing04 Oct 2024

Quota Reservation Portions

RetailPortion: 8,78,400 shares
47.5%
OtherPortion: 8,78,400 shares
47.5%
Market MakerPortion: 93,600 shares
5%

Minimum Application Bracket Matrix

Retail1 lots / 1,200 shares
₹1,26,000
HNI2 lots / 2,400 shares
₹2,52,000

About the Company

Incorporated in October 2021, Nexxus Petro Industries Limited specializes in the trading, manufacturing, and sale of high-quality petrochemical products, mainly bitumen and bitumen emulsions for the infrastructure and construction sector, serving government agencies and road authorities. The company holds BIS and ISO certifications, ensuring strict quality standards in its products and processes, and recent upgrades to its three manufacturing units located in Kutch (Gujarat), Pali (Rajasthan), and Bhopal (Madhya Pradesh) have boosted production capacity and enhanced product quality, resulting in better customer satisfaction and a growing client base. With only 17 permanent employees as of September 2024, Nexxus Petro maintains lean operations and focused management.

Company Promoters

Mr. Haresh Mohanlal SenghaniMr. Rahul Mohanlal SenghaniMrs. Hinaben Haresh Senghani Mrs. Manishaben Rahul Senghani.