The Nexxus Petro Industries IPO minimum market lot is 1,200 shares with ₹126,000 application amount. The Nexxus Petro Industries IPO is a SME IPO, and it is to be listed on BSE.
The Nexxus Petro Industries is engaged in trading, manufacturing, and selling Petrochem products namely Bitumen products. This company’s product is widely used in the infrastructure sector and the road construction industry. Their range of products includes various grades of Bitumen which are classified on the basis of viscosity and related properties of each grade. Further process the bitumen procured at their processing units located at Mundra, Gujarat; Pali, Rajasthan; and Bhopal, Madhya Pradesh. Which was a strong point for the future success as well.
IPOWatch View
We recommend investors may apply for an IPO with Caution (Risky). Investors should also look at the QIB, NII, and Retail numbers before investing.
Nexxus Petro Industries IPO Subscription Status – Day 2
| Category | Day 1 | Day 2 | Day 3 |
| NII | 0.10 | 0.26 | 0.00 |
| RII | 1.30 | 3.15 | 0.00 |
| Total | 0.70 | 1.70 | 0.00 |
Nexxus Petro Industries IPO Investor Categories
- Qualified Institutional Buyers (QIB): Financial Institutions, Banks, FIIs, and Mutual Funds
- Non-Institutional Investors(NII): Individual Investors, NRIs, Companies, Trusts, etc
- Retail Individual Investors (RII): Retail Individual Investors or NRIs
- Employee (EMP): Eligible Employees
- Others: Eligible Shareholders
Nexxus Petro Industries IPO Review
- Avoid
Nexxus Petro Industries IPO Form
How to apply for the Nexxus Petro Industries IPO? You can apply for Nexxus Petro Industries IPO via ASBA available in your bank account. Just go to the online bank login and apply via your bank account by selecting the Nexxus Petro Industries IPO in the Invest section. The other option is you can apply for Nexxus Petro Industries IPO via IPO forms downloaded online. Check out the Nexxus Petro Industries forms – Click IPO Forms blank IPO forms download, fill, and submit in your bank or with your broker.
