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Nexxus Petro Industries Ltd IPO Synopsis

An Initial Public Offering is an opportunity for investors to take part in the growth of a company. It is always better to be in the first batch of investors. The shares offered by the company get listed on the stock exchanges and can be bought and sold by investors.

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Nexxus Petro Industries Ltd IPO

Registered Office: B-811 Swati Trinity Applewood,Township Sananthal Sanand Sar , Ahmedabad - 382210 , Gujarat , India.
Phone : +91 02717 454317   Fax:
Email :  info@nexxusgroup.co.in  
Website :  www.nexxusgroup.co.in
Initial public offering of upto 18,50,400 equity shares of face value of (Rs)10/- each Equity Shares of Nexxus Petro Industries Limited "Nexxus" or Rs)105 per equity share (including a premium of (Rs)95 per equity share) issue price aggregating to (Rs)19.43 crores the Issue of which 93,600 equity shares aggregating to (Rs)0.98 crores will be reserved for subscription by market maker market maker reservation portion. The issue less the market maker reservation portion i.e. net issue of 17,56,800 equity shares of face value of (Rs)10/- each at an issue price of (Rs)105 per equity share aggregating to (Rs)18.45 crores "Net Issue". The issue and the net issue will constitute 26.62% and 25.28% of the post issue paidup equity share capital of the company. The face value of the equity shares is (Rs)10/- each and the issue price is 10.5 times of the face value.

Issue Money Payable On
Opens On Closes On Application Allotment
26-Sep-24 30-Sep-24 (Rs)105.00-0.00 (Rs)0.00-0.00
Minimum Application for shares in Nos :1200  Further Multiples of :1200

  (Rs Cr) Lead Managers to the Issue
Project Cost 17.49
Srujan Alpha Capital Advisors LLP
Project Financed through Current Offer 19.43  
Post Issue Equity Share Capital 6.95  
Issue Price (Rs)105.00  
 
Projects
Funding the working capital requirements of the companyGeneral corporate purposes
Promoted By
Haresh Mohanlal Senghani  
Rahul Mohanlal Senghani  
Hina Haresh Senghani  
Listing At
BSE - SME 
Registrar to the Issue
KFin Techologies Ltd