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Nexxus Petro Industries Ltd. IPO
Nexxus Petro Industries Ltd., established in 2021, operates in the Petrochemicals - Others sector. The company's IPO opened on September 26, 2024 and closed on September 30, 2024, with an issue price ... Read more
IPO Timeline
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26 Sep 2024Bidding Starts
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30 Sep 2024Bidding Ends
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1 Oct 2024Allotment Finalization
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4 Oct 2024Listing
About Nexxus Petro Industries Ltd.
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 ... Read more
Nexxus Petro Industries Ltd. IPO Reservation
| Investors Category | Shares Offered |
|---|---|
| Market Makers | 93,600 (9.63%) |
| Non Institutional Investors | 8,78,400 (90.37%) |
| Retail Individual Investors (RIIs) | 8,78,400 (90.37%) |
Nexxus Petro Industries Ltd. Financial Information
| Year End | Revenue | PAT | Reserves & Surplus |
|---|---|---|---|
| 31 Mar 2024 | 238.38 Cr | 3.48 Cr | 3.53 Cr |
| 31 Mar 2023 | 142.81 Cr | 2.01 Cr | 2.57 Cr |
| 31 Mar 2022 | 48.47 Cr | 56.27 Lakh | 56.27 Lakh |
Nexxus Petro Industries Ltd. Background
Our Company was originally incorporated as a private limited company under the name and style of <Nexxus Petro Industries Private Limited= on October 5, 2021 bearing Registration No. 126116. Thereafter, our Company was converted in to a public limited company <M/s. Nexxus Petro Industries ...
Read more-
2021Incorporation of our Company as <Nexxus Petro Industries Private Limited=
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2023ISO 14001:2015 Certification for Environmental Management System
Participation in REX Fuels, Solvex Global Conference
Conversion of Company from Private Limited into Public Limited Company in the name and style of "Nexxus Petro Industries Limited"
Secured factory license for processing unit at Bhopal
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2024Secured factory license for processing unit at Pali
Empanelment as supplier of Bitumen with PWD department, Government of Rajasthan
1. Funding the working capital requirements
2. General corporate purposes
| Pricing Details | BSE | NSE |
|---|---|---|
| Issue Price | ₹ 105.00 | - |
| Open | ₹ 126.00 | - |
| Low | ₹ 126.00 | - |
| High | ₹ 132.30 | - |
| Last Trade | ₹ 132.30 | - |
1. Mr. Rahul Mohanlal Senghani
2. Mr. Haresh Mohanlal Senghani
3. Mrs. Hinaben Haresh Senghani
4. Mrs. Manishaben Rahul Senghani
Asia-Pacific will exceed USD 35 Billion in 2027 driven by the growing application of bitumen products in various applications. The road and highway construction industry in APAC countries, such as China, India, and Australia, has been increasing rapidly and is driven by the growing automobile ... Read more
Phone no:454317
FAQs
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2. General corporate purposes
Latest Updates
Nexxus Petro Industries Limited is a public limited company that is engaged in the business of manufacturing and trading of petrochemicals. The company's products include benzene, toluene, xylene, and other aromatic hydrocarbons. Nexxus Petro Industries Limited is headquartered in Mumbai, India. The company is offering 18.5 lakh equity shares to the public at a fixed price of Rs. 105 per share, aggregating a total of Rs.19.43 crores. The IPO is scheduled to open for subscription on September 26, 2024, and close on September 30, 2024.
The minimum lot size for retail investors is 1,200 shares, requiring a minimum investment of Rs.1.26lakhs. High net-worth individuals (HNIs) must invest in a minimum of two lots (2,400 shares), amounting to Rs.2.52 lakhs. The company has 50% of its shares reserved for retail investors and the rest 50% for other investors, which may include institutional investors and high net-worth individuals. The allotment for the IPO is expected to be finalized on Tuesday, October 1, 2024. The shares are anticipated to list on the BSE's SME platform on Friday, October 4, 2024.
Nexxus Petro Industries Limited, a relatively young company established in 2018, is led by its promoters: Mr. Haresh Mohanlal Senghani, Mr. Rahul Mohanlal Senghani, Mrs.
Hinaben Haresh Senghani, and Mrs. Manishaben Rahul Senghani.
25 September 2024
Disclaimer: This is 3rd Party content/feed, viewers are requested to use their discretion and conduct proper diligence before investing, GoodReturns does not take any liability on the genuineness and correctness of the information in this article
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