247  Total SME IPOs listed in 2024

9572.65 Crs.  Total funds raised in 2024

223  SME IPOs listed with Gain in 2024

24  SME IPOs listed with loss in 2024

247  Total SME IPOs listed in 2024

9572.65 Crs.  Total funds raised in 2024

223  SME IPOs listed with Gain in 2024

24  SME IPOs listed with loss in 2024

247  Total SME IPOs listed in 2024

9572.65 Crs.  Total funds raised in 2024

223  SME IPOs listed with Gain in 2024

24  SME IPOs listed with loss in 2024

247  Total SME IPOs listed in 2024

9572.65 Crs.  Total funds raised in 2024

223  SME IPOs listed with Gain in 2024

24  SME IPOs listed with loss in 2024

Nexxus Petro Industries Limited IPO (Nexxus Petro Industries IPO) Details

Nexxus Petro Industries Limited is an Chemical based company, located in Ahmedabad, Nexxus Petro Industries Limited IPO size was 19.43 Cr. and was issued at 105.00 per share. The share of Nexxus Petro Industries Limited were listed at 132.30 per share and are currently trading at 129.50 per share.

Type :
Sub Sector : Trading, Manufacturing, And Sale Of Petrochemical Products, Particularly Bitumen Products.
SME IPO
BSE SME

Financial Summary (at the time of ipo, on annualised basis)

Revenue :
238.77 Cr.

PAT :
3.48 Cr.

Pricing Report

Issue Price :
105.00

Listing Price :
132.30

Current Market Price :
129.50

Issue Price vs CMP :
24.5 (23.33%)

listing Price vs CMP :
2.8 (2.12%)

Performance Report (CAGR* wise)

CAGR : 101.83
-ve 0 6 9 12+
Above Average

*CAGR is calculated basis issue price at the time of IPO and Current Market Price without taking into Consideration Bonus/Right issue.

About Nexxus Petro Industries

Company Information
Nexxus Petro Industries Limited is engaged in trading, manufacturing and selling of Petrochem products namely Bitumen products. Their
product is widely used in infrastructure sector being road construction industry. Their range of products includes various
grades of Bitumen which are classified on the base of viscosity and related properties of each grades. Presently, they procure
bitumen via imports from Dubai as well as purchase from other domestic importers/sellers in India. They further process the
bitumen procured at their processing units located at Mundra, Gujarat. Apart from sale of processed bitumen, they also trade
in bitumen by directly selling it to customers as per the requirement. They endeavor to supply products to the Customers at
competitive prices yet keeping quality standards. Bitumen, is a sticky, black,
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Object of Issue
  • Funding the working capital requirements of the Company and
  • General Corporate Purposes

Nexxus Petro Industries SME IPO Details (at the time of IPO)

IPO Type :
Fixed Price
IPO Date :
Oct, 2024
IPO Size :
19.43 Cr.
Market Cap :
72.98 Cr.   
IPO Subscription :
8.44 X     
PE Multiple :
20.94
IPO Registrar:
Kfin Technologies Limited
Anchor Investors:

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FAQs

Nexxus Petro Industries operates in Chemical and Trading, Manufacturing, And Sale Of Petrochemical Products, Particularly Bitumen Products.. The Issue is listed on BSE SME in Oct, 2024. Nexxus Petro Industries IPO size was 19.43 Cr. with Issue price of 105.00 .

Nexxus Petro Industries IPO subscription was 8.44 X. IPO subscription refers to applications received in an IPO by each quota, i.e., QIB, Retail, and NII. In some IPOs, Eligible employee quota and shareholder’s quota are also present. Learn more about IPO subscriptions here.

Nexxus Petro Industries IPO listed at a listing price of 132.30 against the offer price of 105.00.

The current market price of Nexxus Petro Industries is 129.50.

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