Nexxus Petro Industries Limited

Company Profile
Company Name Nexxus Petro Industries Limited
Open Date 26-09-2024
Close Date 27-09-2024
Exchange BSE SME
Lot Size 1,200 Shares
Issue Price ₹105 per share
Issue Size 18,50,400 shares
Application Amount ₹1,26,000
Recommendation Avoid
Nexxus Petro Industries Limited was originally incorporated on Oct 05, 2021. The registered office is located at Ahmedabad, Gujarat. The company is engaged in trading, manufacturing and selling of Petrochem products namely Bitumen products. The company’s majority revenue is generated from sale of bitumen. The company has 17 full-time employees as on Sep 22, 2024.
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Financial Summary in Lakhs

For the Period Ended Mar-22 Mar-23 Mar-24
Revenue 14,527.46 13,939.03 14,385.01
EBITDA 126.37 292.10 441.53
Net Profit 471.16 497.07 616.67
RoCE 2.58% 7.22% 10.20%
ROE 16.79% 15.52% 16.73%
P/E 18.51 17.54 14.12

Tentative Timeline

Opening Date 26-09-2024
Closing Date 27-09-2024
Basis of Allotment 01-10-2024
Initiation of Refunds 03-10-2024
Credit of Shares to Demat 03-10-2024
Listing Date 04-10-2024

Objects of the Issue

To meet Working Capital Requirements
General Corporate Purposes

Contact Information

Registered Office Nexxus Petro Industries Limited B-811 Swati Trinity Applewood Township Sanathal Sanand Ahmedabad, Dascroi-382210
Phone +91 2717 454317
Email cs@nexxusgroup.co.in
Website http://www.nexxusgroup.co.in/

Offer Documents

Nexxus Petro Industries IPO DRHP
Nexxus Petro Industries IPO RHP

Registrar Details

Name KFin Technologies Limited
Phone 04067162222, 04079611000
Email npil.ipo@kfintech.com
Website https://kosmic.kfintech.com/ipostatus/

IPO Reservation

Market Maker Shares Offered 93,600 (5.06%)
Other Shares Offered 8,78,400 (47.47%)
Retail Shares Offered 8,78,400 (47.47%)

Shareholding Pattern

Shareholding Pre Issue (Promoters) 100.00%
Shareholding Post Issue (Promoters) 73.38%

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