ClosedSME
Nexxus Petro Industries
NEXXUS·105-105·Opens 2024-09-23
Price Band: 105-105
Issue Size: 19cr
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About the Company
What does this company do?
Incorporated in 2021, Nexxus Petro Industries is engaged in trading, manufacturing, and selling Petrochem products namely Bitumen products. Bitumen is a sticky, black, and highly viscous liquid or semi-solid form of petroleum, and has various applications across industries like road construction, Waterproofing, Adhesiv…
IPO Details
Issue parameters, key dates and structure.
Key Risks
Material risk factors to consider before applying.
◆ Neutral
Should You Apply?
Incorporated in 2021, Nexxus Petro Industries is engaged in trading, manufacturing, and selling Petrochem products namely Bitumen products. Bitumen is a sticky, black, and highly viscous liquid or semi-solid form of petroleum, and has various applications across industries like road construction, Waterproofing, Adhesives, Insulation, Paint and coatings, etc. Its product portfolio includes various grades of Bitumen which are classified based on viscosity and related properties of each grade. Presently, the company procures bitumen via imports from Dubai as well as purchases from other domestic importers/sellers in India. It further processes the bitumen procured at its processing units located at Mundra, Gujarat; Pali, Rajasthan; and Bhopal, Madhya Pradesh.
⚠️ This is not investment advice. CheckIPO provides information for educational purposes only. Always consult a SEBI-registered financial advisor before investing.
IPO Timeline
Key milestones from opening to listing.
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Issue open date
2024-09-26
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Issue close date
2024-09-30
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UPI mandate deadline
2024-09-30
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Allotment finalization
2024-10-01
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Refund initiation
2024-10-03
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Share credit
2024-10-03
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Listing date
2024-10-04