
Chemicals & Specialty Materials · NSE
Incorporated in October 2021, Nexxus Petro Industries Limited is engaged in the trading, manufacturing, and sale of petrochemical products, primarily bitumen and bitumen emulsions used in infrastructure and road construction projects. The company serves government departments and road authorities, and holds BIS and ISO certifications, reflecting its focus on quality and compliance. With three manufacturing units in Kutch (Gujarat), Pali (Rajasthan), and Bhopal (Madhya Pradesh), recent capacity upgrades have improved efficiency and product consistency, leading to stronger customer satisfaction. As of September 2024, Nexxus Petro operates with a lean team of 17 permanent employees.
Price Band
₹82 – ₹87
Issue Size
₹31.32 Cr
Lot Size
1600 shares
GMP
+4.6%
Est. Listing
₹91
at current GMP
Subscribed
37.55x
overall
Open
25 Sep 2024
Close
27 Sep 2024
Allotment
30 Sep 2024
Refund
1 Oct 2024
Demat Credit
2 Oct 2024
Listing
3 Oct 2024
Overall Subscription
37.55x
Total Demand
QIB Multiplier
15.58x
Institutions & Funds
NII / HNI
61.65x
High Net-Worth
Retail (RII)
39.76x
Individual Bidders
Live bidding breakdown by institutional, non-institutional, and retail investors
| Category | Shares Offered | Shares Applied / Bid | Times Subscribed |
|---|---|---|---|
| QIB | 681,600 | 10,620,800 | 15.58x |
| NIB | 512,000 | 31,564,800 | 61.65x |
| RETAIL | 1,193,600 | 47,456,000 | 39.76x |
| Total | 2,387,200 | 89,641,600 | 37.55x |
Total unique applications received across retail and HNI tranches
| Category | Applications Reserved | Applications Received | Times Subscribed |
|---|---|---|---|
| Retail (RII) | 788 | 31,331 | 39.76x |
| HNIs (10L +) | 5 | 308 | 61.65x |
| HNIs (2-10L) | 24 | 1,480 | 61.65x |
| Total Applications | 817 | 33,119 | 40.54x |
Track continuous institutional and retail bidding order books for all active issues on the ipo live subscription feed.
Unilex Colours and Chemicals Limited is bringing an initial public offering (IPO) in the Chemicals & Specialty Materials sector with an aggregate issue size of ₹31.32 Crores. The shares are offered at a price band of ₹82 to ₹87 per equity share on NSE. Currently, traders and retail applicants are calculating expected listing gains and break-even points based on unofficial grey market quotations.
Prospective investors can apply in the retail quota with a minimum of 1 lot comprising 1600 shares (approx. ₹1,39,200 minimum investment). High net-worth individuals (HNI/NII) can bid in the sHNI (₹2 Lakh to ₹10 Lakh) or bHNI (above ₹10 Lakh) categories for enhanced quota allocation.
Allotment reconciliation will be managed by Link Intime India Private Limited. Eligible allottees will receive credit of equity shares into their Demat accounts by 2024-10-02, while un-allotted funds or UPI block mandates will be released on 2024-10-01.
The latest Grey Market Premium (GMP) for Unilex Colours and Chemicals Limited IPO is ₹4 per equity share. Based on the upper price band of ₹82 to ₹87 per equity share, the estimated listing price is ₹91 (+4.6% expected listing gain).
With a lot size of 1600 shares and current GMP of ₹4, the expected profit per application lot is approx ₹6,400 (+4.6% gain). Minimum application cost is approx ₹1,39,200.
The Unilex Colours and Chemicals Limited IPO aggregate issue size is ₹31.32 Crores with an equity price band set at ₹82 to ₹87 per equity share. The retail lot size is 1600 shares requiring a minimum capital outlay of approx. ₹1,39,200.
Live subscription figures are compiled real-time from the NSE and BSE bidding engines. Currently, overall subscription is 37.55x (Retail: 39.76x, QIB: 15.58x, NII: 61.65x). You can track live multiples directly on our dedicated subscription page.
The basis of allotment will be published on the official registrar portal (Link Intime India Private Limited) and the BSE status verification website on or around 2024-09-30. Investors can verify status using PAN card or application number.
Unilex Colours and Chemicals Limited shares are scheduled to list on NSE on 2024-10-03.