Nexxus Petro Industries Ltd. IPO: Key Details

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.

Nexxus Petro Industries Ltd. IPO Details

IPO Date September 26, 2024 to September 30, 2024
Listing Date October 04 2024
Face Value ₹10 per share
Price Band ₹105 per share
Lot Size 1200 Shares
Total Issue Size 1850400 Shares
Issue Type Fixed Price
Listing At BSE 
Share holding pre issue 5100000
Share holding post issue 5100000

Nexxus Petro Industries Ltd. IPO Promoter Holding

The promoter of the company is Haresh Mohanlal Senghani, Rahul Mohanlal Senghani, Hinaben Haresh Senghani, Manishaben Rahul Senghani,

Share Holding Pre Issue 100%
Share Holding Post Issue 73.38%

Nexxus Petro Industries Ltd. IPO Objectives

1. Funding the working capital requirements of our Company; and2. General corporate purposes.

Nexxus Petro Industries Ltd. IPO Prospectus

Nexxus Petro Industries Ltd. Lead Managers

  • Srujan Alpha Capital Advisiors LLP

Nexxus Petro Industries Ltd. IPO Contact Information

  • Zehra Murtaza Ghadiali
  • Phone: +91 2717 454317
  • Email: cs@nexxusgroup.co.in

Nexxus Petro Industries Ltd. IPO Registrar

  • Name: K FIN Technologies Ltd.-(Karvy Fintech Pvt Ltd.)
  • Phone: +040 - 67162222/18003094001
  • Email: einward.ris@kfintech.com