Listed Price₹89.00
Listing Gain+2.30%
Price Band₹82 - ₹87
Lot Size1,600 shares
Min Bid₹1,39,200
Subscription37.55x
Listed Market Snapshot
₹89.00Listed price from market data
+2.30%listing gain
Issue Amount
₹31.32 Cr
Listed Price
₹89.00
Current Price
₹27.2
Registrar
Link Intime India Private Limited
Timeline•Bookbuilding IPO
Open25 Sep 2024
Close27 Sep 2024
Allotment30 Sep 2024
Listing03 Oct 2024
Quota Reservation Portions
QIBPortion: 6,81,600 shares
28.55%HNIPortion: 5,12,000 shares
21.45%RetailPortion: 11,93,600 shares
50%Minimum Application Bracket Matrix
Retail1 lots / 1,600 shares
₹1,39,200HNI2 lots / 3,200 shares
₹2,78,400About the Company
Incorporated in October 2021, Nexxus Petro Industries Limited is engaged in the trading, manufacturing, and sale of petrochemical products, primarily bitumen and bitumen emulsions used in infrastructure and road construction projects. The company serves government departments and road authorities, and holds BIS and ISO certifications, reflecting its focus on quality and compliance. With three manufacturing units in Kutch (Gujarat), Pali (Rajasthan), and Bhopal (Madhya Pradesh), recent capacity upgrades have improved efficiency and product consistency, leading to stronger customer satisfaction. As of September 2024, Nexxus Petro operates with a lean team of 17 permanent employees.
Company Promoters
Purushottam Brijlal Sharma Narendra Parameswarappa Kotehall Aditya Sharma Manojkumar Shyamsunder Sharma Rohit Krishnakumar Sharma Kabir Radheyshyam Sharma
Lead Managers
Registrar
Link Intime India Private Limited