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Nexxus Petro Industries Ltd

Nexxus Petro Industries Ltd

    Registered Office : B-811 Swati Trinity Applewood,Township Sananthal Sanand Sar,Ahmedabad Gujarat 382210 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 <The Company or <the Issuer") for cash at a price of 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

Opens On

Closes On

26-Sep-2024

30-Sep-2024

Money Payable On

Application

Allotment

105.00

0.00

Minimum Application for shares in Nos : 1200.0 Further Multiples of : 1200.0

₹Cr

Lead Managers to the Issue

Project Cost (₹.Cr)

Project Financed through Current Offer (₹.Cr)

Post Issue Equity Share Capital (₹.Cr)

Issue Price (₹.Cr)

17.49

19.43

6.95

105.00

Srujan Alpha Capital Advisors LLP

Projects
  • Funding the working capital requirements of the company
  • General corporate purposes
Promoted By
  • Haresh Mohanlal Senghani
  • Rahul Mohanlal Senghani
  • Hina Haresh Senghani
Listing At
  • BSE - SME
Registrar to the Issue
  • KFin Techologies Ltd