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IPO Performance
Nexxus Petro Industries Ltd.
Issue Open Date 26-Sep-24  
Issue Closing Date 30-Sep-24  
Application Money 100  
Allotment Money  
Price Band 105 -  
Minimium Application No. 1200  
Issue Size (Shares) 1850400  
Market Lot 1  
Objective
1. Funding the working capital requirements of our Company; and2. General corporate purposes.
Category No. of Shares No. of Shares Subscription Ratio
  Offered / Reserved Bid For  
Non-Institutional Investors     7477200    
Qualified Institutional Buyers        
Retail Individual Investors     7449600    
Business Description
Our Company is engaged in trading, manufacturing and selling of Petrochem products namely Bitumen products. Our product is widely used in infrastructure sector being road construction industry. Our range of products includes various grades of Bitumen which are classified on the base of viscosity and related properties of each grades. Presently, we procure bitumen via imports from Dubai as well as purchase from other domestic importers/sellers in India. We further process the bitumen procured at our processing units located at Mundra, Gujarat. Apart from sale of processed bitumen, we also trade in bitumen by directly selling it to customers as per the requirement. We endeavor to supply products to our Customers at competitive prices yet keeping quality standards.
Promoter's Holding
Total Share Capital   5100000  
Offered to Public   1850400  
Promoter's Holding (Pre-Issue)   100  
Promoter's Holding (Post-Issue)   73.38  
Address
B-811 Swati Trinity
Applewood Township
Sanathal Sanand
Sarkhej
Ahmedabad,
Gujarat,
382210
Phone : 02717 454317
Email : info@nexxusgroup.co.in
Website : www.nexxusgroup.co.in
Registrar
K FIN Technologies Ltd.-(Karvy Fintech Pvt Ltd.)
Karvy Selenium Tower B
Plot 31-32
Gachibowli
Financial District
Nanakramguda
Hyderabad
Listed at
BSE
Lead Manager
Srujan Alpha Capital Advisiors LLP
Promoters
Haresh Mohanlal Senghani
Hinaben Haresh Senghani
Manishaben Rahul Senghani
Rahul Mohanlal Senghani
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