NEXXUS PETRO INDUSTRIES LIMITED

IPO Details

Nexxus Petro Industries IPO is open for subscription starting Thursday, September 26, 2024, and closing on Monday, September 30, 2024. This upcoming IPO price is Rs 105 per share. The minimum lot size set for the retail category is 1200 shares. Meanwhile, the minimum lot size for the HNI category is 2 lots consisting of 2400 shares. The minimum investment required for retail category investors is Rs 1,26,000 (105 x 1200 shares). However, for the HNI category, the minimum investment amount required is Rs 2,52,000 (105 x 2400 shares). Nexxus Petro Industries IPO is a fixed price issue of Rs 19.43 crores. This upcoming IPO is an entirely fresh issue of 18.5 lakh equity shares. The allotment for this new IPO is expected to be finalised on Tuesday, October 1, 2024. Nexxus Petro Industries IPO will be listed on BSE SME on Friday, October 4, 2024. Srujan Alpha Capital Advisors LLP is the book-running lead manager, Kfin Technologies Limited is the registrar for this IPO and market maker for this IPO is Gretex Share Broking.