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NEXXUSSME / BSEListed
Nexxus Petro Industries

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 Price₹126.00
Listing Gain+20.00%

IPO Schedule & Timeline

Fixed Price IPO
Open26 Sep 2024
Close30 Sep 2024
Allotment01 Oct 2024
Listing04 Oct 2024

Quota Reservation & Application Lots

Quota Reservation (% Shares)

Retail8,78,400 shares
47.5%
Other8,78,400 shares
47.5%
Market Maker93,600 shares
5%

Minimum Application Lots

Retail1 Lot (1,200 shares)
₹1,26,000
HNI2 Lots (2,400 shares)
₹2,52,000

Company Promoters

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

Company Background

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 s...

Lead Managers & Bankers

Financial Performance

Figures in ₹ Crores
Metric Breakdown

Revenue

Latest (Mar-24)₹23837.57 Cr
Growth+391.8%
Revenue Trend (₹ in Crores)
0.09.1k18.3k27.4kMar-22Mar-23Mar-24
PeriodRev (Cr)PAT (Cr)AssetsDebt
Mar-2423,837.57348.473,892.55 2,161.43
Mar-2314,283.95 200.87 1,644.96835.1
Mar-224,847.0254.06932.77369.83

Key Performance Indicators (KPIs)

PeriodEPSROEROCEP/E (Pre)P/E (Post)
Mar-24 8.9961.77%20.81%15.3720.94
Mar-23 7.73122.12%30.73%00
Mar-222.08168.78%18.16%00

Broker & Analyst Reviews

Review Not Available

Institutional broker reviews and analyst reports have not been released for this issue yet. Reviews are typically published 2 to 3 days prior to the issue opening date.

IPO Allotment & Registrar Status

Official Registrar: Kfin Technologies Limited

Allotment Finalized
Allotment Date
01 Oct 2024
Official Status
Out / Finalized
Registrar
Kfin Technologies Limited
Listing Date
04 Oct 2024

Official Allotment Verification Links

Official Registrar Portal
Kfin Technologies Limited

Direct allotment verification on the official registrar portal appointed for Nexxus Petro Industries. Check with PAN or Application No.

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Stock Exchange Portal
BSE India Investor Portal

Official Bombay Stock Exchange investor verification channel using Issue Name and PAN Number.

Check on BSE India

Allotment Schedule & Milestones

IST
1. Allotment Finalization01 Oct 2024Basis of allotment declared
2. Refund Initiation1 day post allotmentUPI / ASBA mandate unblocked
3. Demat CreditPrior to listingShares credited to CDSL/NSDL
4. Listing Date04 Oct 2024Trading commences on exchange

How to Check Nexxus Petro Industries Allotment Online

1Open Portal

Click on the official registrar link or BSE portal button above.

2Select Company

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3Enter Details

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4View Allocation

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Prospectus & Official Filings

Allotment FAQs & Help

About Nexxus Petro Industries IPO

Complete issue overview for Nexxus Petro Industries (NEXXUS) IPO. The issue features an equity share price band of ₹105 per share with a minimum retail lot size of 1200 Shares (minimum application amount of ₹1,26,000). Explore live market tracking on our GMP Tracker, compare against All IPO GMP Today, or view category bidding on the Subscription Page. Verify official allotment via IPO Registrars or review participating investment bankers in our Lead Managers Directory.

Frequently Asked Questions