Nexxus Petro IPO

Listed Listed stocks

Nexxus Petro IPO Details

  • Bidding Date

    26-Sep-2024 to
    30-Sep-2024

  • Issue Size

    ₹19.43 Cr

  • Price Band

    ₹105

  • Allotment date

    01-Oct-2024

  • Listing date

    04-Oct-2024

  • Lot size

    1200

  • No. of shares

    18,50,400

  • Fresh issue/OFS

    ₹19.43 Cr /--

About Nexxus Petro Company

Incorporated on October 5, 2021, Nexxus Petro Industries Limited operates in the petrochemical sector, specifically focusing on trading, manufacturing, and selling bitumen products. These products, primarily used in road construction, are essential for infrastructure development. The company offers various grades of bitumen, categorized based on viscosity and related properties. It procures bitumen from both domestic suppliers and imports from Dubai, which is processed in its facilities located in Mundra (Gujarat), Pali (Rajasthan), and Bhopal (Madhya Pradesh).

Subscription Status

  • Category

    Status

  • QIBs

    --

  • NIIs

    --

  • Retail

    --

  • Others

    --

  • Total

    8x

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FAQs for Nexxus Petro IPO.

The issue size of Nexxus Petro is ₹19.43 Cr.

Nexxus Petro falls into Commodity Chemicals industry.

The Nexxus Petro IPO will be listed on NSE.

The open and close dates for the Nexxus Petro are 26-Sep-2024 & 30-Sep-2024.

The price band for the Nexxus Petro ipo is ₹105

The listing date of Nexxus Petro IPO is 04-Oct-2024.

The purpose of this IPO is to raise fresh capital.

Nexxus Petro total subscription ratio is 8X.

Key financial of the Nexxus Petro are:


Nexxus Petro FY-24 FY-23 FY-22
Revenue (₹ Cr) 237.78 142.81 48.47
EBIT (₹ Cr) 5.88 3.42 0.83
Proft after Tax (₹ Cr) 3.52 2.01 0.54
Debt (₹ Cr) 21.61 8.35 3.7
Net Worth (₹ Cr) 8.69 2.65 0.64
RoE (%) 40.49 75.82 84.39