Nexxus Petro Industries IPO

Nexxus Petro Industries Ltd

₹1,26,000 /1200 sharesMinimum Investment

Nexxus Petro Industries IPO Listing Details

Listed OnIssue PriceListing PriceListing Gains
--₹105.00₹126.00₹21.00 (20.00%)

Nexxus Petro Industries IPO Details

Bidding DatesMin. InvestmentLot SizePrice Range
26 Sep ‘24 - 30 Sep ‘24₹1,26,0001,200₹105 - ₹105
Issue SizeIPO Doc
19.43Cr
RHP PDF

About Nexxus Petro Industries

Nexxus Petro Industries is a trader, manufacturer, and seller of petrochemical products, with the company’s primary business revolving around bitumen. Usually, the company’s products are used by the infrastructure sector for road construction. The company offers different bitumen grades, classified by viscosity and other related properties. Currently, Nexxus Petro Industries sources bitumen through imports from Dubai and local suppliers in India. The bitumen is processed at facilities located in Mundra, Gujarat; Pali, Rajasthan; and Bhopal, Madhya Pradesh. In addition to selling processed bitumen, the company also engages in direct trading, catering to customer-specific needs.;
Founded in
2021
Managing director
Mr. Haresh Mohanlal Senghani
Parent organisation
Nexxus Petro Industries Ltd

Strengths & Financials of Nexxus Petro Industries

Strengths
Risks
The company claims that its manufacturing and processing units are well-equipped with necessary machinery and handling equipment.
Nexxus Petro Industries also claims to have a fully equipped testing laboratory at its manufacturing and processing facilities, providing essential testing capabilities to ensure that all products meet required standards and specifications.
The company has obtained a BIS certificate and is ISO 9001:2015 certified for quality management systems and ISO 14001:2015 certified for environmental management systems.
The company has seen a consistent increase in revenue from operations and profit after tax (PAT) over the past few years. Revenue from operations increased from Rs 48.47 crore in FY22 to Rs 142.80 crore in FY23 to Rs 237.78 crore in FY24, while PAT increased from Rs 0.54 crore in FY22 to Rs 2.01 crore in FY23 to Rs 3.48 crore in FY24.

Nexxus Petro Industries Financials

*All values are in Rs. Cr
No Graph Data To Display

Application Details of Nexxus Petro Industries IPO

Apply asPrice bandApply upto
Regular105 - 105₹2 Lakh
High Networth Individual105 - 105₹2 - 5 Lakh
For Nexxus Petro Industries IPO, eligible investors can apply as Regular.
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