Nexxus Petro Industries Limited
BBSE:NEXXUS64.50
INR
-1.50
(-2.27%)
ISIN
INE0QUL01011
Return %
Stock
S&P 500
1Y
-43.96
14.20
3Y
- -
81.12
5Y
- -
68.34
Capital Structure
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in mil. unless spec.Working Capital
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in mil. unless spec.Growth Rates
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in mil. unless spec.Semi-annual Revenue
INR
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in mil. unless spec.Semi-annual Earnings Per Share
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in mil. unless spec.Semi-annual Dividends Per Share
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in mil. unless spec.Company Description
- CEO
- Haresh Mohanlal Senghani
- Full Time Employees
- 64
- Sector
- Non-energy minerals
- Industry
- Construction materials
- Address
- Ahmedabad India
- IPO Date
- Oct 4, 2024
- Website
- nexxusgroup.co.in
- Similar Companies
- Business
- Nexxus Petro Industries Limited is an India-based company engaged in the manufacturing, processing, trading, and distribution of bitumen, bituminous formulations, and allied petrochemical products. The company offers a specialized portfolio of infrastructure and industrial solutions, comprising viscosity grade bitumen, including VG-10, VG-30, and VG-40, alongside standard penetration grades 60/70 and 80/100; modified bitumen products, including Polymer Modified Bitumen (PMB) and Crumb Rubber Modified Bitumen (CRMB); bitumen emulsions, including rapid-setting (RS), medium-setting (MS), slow-setting (SS), and micro-surfacing emulsions; sustainable road-building solutions, including KrishiBind bio-bitumen; and specialty allied petrochemical derivatives, including tyre pyrolysis oil (TPO), crumb rubber, carbon black powder, industrial adhesives, sealants, and waterproofing coatings. Nexxus Petro Industries caters primarily to highway construction companies, civil engineering contractors, infrastructure developers, and industrial manufacturers across India, maintaining processing and manufacturing facilities in Mundra (Gujarat), Pali (Rajasthan), and Bhopal (Madhya Pradesh). In recent corporate developments, the company completed an Initial Public Offering (IPO) on the BSE SME platform in October 2024, raising approximately INR 19.43 crore to expand working capital capacity and scale operational infrastructure, following its corporate restructuring from a private enterprise to a public limited company. Furthermore, the company expanded its manufacturing and waste-to-energy capabilities by commissioning a 30 metric tons per day tyre pyrolysis facility at its Pali, Rajasthan plant and commercialized bio-bitumen product lines designed to support green infrastructure initiatives. Founded in 2021, Nexxus Petro Industries Limited is headquartered in Ahmedabad, Gujarat, India.