Nexxus Petro Industries IPO vs Unilex Colours and Chemicals IPO

Comparision between Nexxus Petro Industries IPO and Unilex Colours and Chemicals IPO.

IPO Details

Nexxus Petro Industries IPO is a SME Book Built Issue IPO proposed to list at BSE SME while Unilex Colours and Chemicals IPO is a SME Book Built Issue proposed to list at NSE SME.

	Nexxus Petro Industries IPO	Unilex Colours and Chemicals IPO
Logo
Issue Category	SME	SME
Issue Type	IPO	IPO
Process Type	Fixed Price Issue	Book Built Issue
Listing At	BSE SME	NSE SME
Lead Managers	Srujan Alpha Capital Advisors Llp	Hem Securities Limited
Registrar	Kfin Technologies Limited	Link Intime India Private Ltd
Market Maker	Gretex Share Broking Private Limited	Hem Finlease Private Limited
DRHP	DRHP	DRHP
RHP	RHP	RHP
Anchor Investor		Anchor Investor
IPO Allotment URL

Issue Size and Price

The total issue size of Nexxus Petro Industries IPO is up to ₹19.43 Cr whereas the issue size of the Unilex Colours and Chemicals IPO is up to ₹31.32 Cr. The final issue price of Nexxus Petro Industries IPO is ₹105.00 per share and of Unilex Colours and Chemicals IPO is ₹87.00 per share.

	Nexxus Petro Industries IPO	Unilex Colours and Chemicals IPO
Face Value	₹10 per share	₹10 per share
Issue Price (Lower)		₹82.00 per share
Issue Price (Upper)		₹87.00 per share
Issue Price (Final)	₹105.00 per share	₹87.00 per share
Discount (Retail)
Discount (Employee)
Market Lot Size	1200 shares	1600 shares
Fresh Issue Size	18,50,400 shares	36,00,000 shares
Fresh Issue Size (Amount)	up to ₹19.43 Cr	up to ₹31.32 Cr
OFS Issue Size
OFS Issue Size (Amount)
Issue Size Total	18,50,400 shares	36,00,000 shares
Issue Size Total (Amount)	up to ₹19.43 Cr	up to ₹31.32 Cr

IPO Timetable

Nexxus Petro Industries IPO opens on Sep 26, 2024, while Unilex Colours and Chemicals IPO opens on Sep 25, 2024. The closing date of Nexxus Petro Industries IPO and Unilex Colours and Chemicals IPO is Sep 30, 2024, and Sep 27, 2024, respectively.

	Nexxus Petro Industries IPO	Unilex Colours and Chemicals IPO
Anchor Bid Date		Sep 24, 2024
Issue Open	Sep 26, 2024	Sep 25, 2024
Issue Close	Sep 30, 2024	Sep 27, 2024
Basis Of Allotment (Tentative)	Oct 01, 2024	Sep 30, 2024
Initiation of Refunds (Tentative)	Oct 03, 2024	Oct 01, 2024
Credit of Share (Tentative)	Oct 03, 2024	Oct 01, 2024
Listing date (Tentative)	Oct 04, 2024	Oct 03, 2024
Anchor Lockin End date 1		Oct 30, 2024
Anchor Lockin End date 2		Dec 29, 2024

Financials

Nexxus Petro Industries IPO P/E ratio is 15.37, as compared to Unilex Colours and Chemicals IPO P/E ratio of 14.13.

Nexxus Petro Industries IPO

Unilex Colours and Chemicals IPO

Financial

Nexxus Petro Industries Limited Financial Information (Restated)

Nexxus Petro Industries Limited's revenue increased by 67% and profit after tax (PAT) rose by 73% between the financial year ending with March 31, 2024 and March 31, 2023.

Period Ended	31 Mar 2024	31 Mar 2023	31 Mar 2022
Assets	3,892.55	1,644.96	932.77
Revenue	23,837.57	14,283.95	4,847.02
Profit After Tax	348.47	200.87	54.06
Net Worth	863.4	264.93	54.06
Reserves and Surplus	353.4	254.93	54.06
Total Borrowing	2,161.43	835.1	369.83
Amount in ₹ Lakhs

Unilex Colours and Chemicals Limited Financial Information (Restated Consolidated)

Unilex Colours and Chemicals Limited's revenue increased by 3% and profit after tax (PAT) rose by 24% between the financial year ending with March 31, 2024 and March 31, 2023.

Period Ended	31 Mar 2024	31 Mar 2023	31 Mar 2022
Assets	9,068.35	7,072.31	7,669.84
Revenue	14,932.88	14,441.84	15,156.73
Profit After Tax	616.67	497.07	471.17
Net Worth	3,686	3,202.89	2,805.98
Reserves and Surplus	2,684.3	2,868.99	2,472.08
Total Borrowing	2,161.4	1,166.83	1,135.09
Amount in ₹ Lakhs

Promoter Shareholding (Pre-Issue)

100.00%

Promoter Shareholding (Post-Issue)

73.56%

P/E Ratio

15.37

14.13

Market Cap

₹72.98 Cr.

₹118.47 Cr.

ROE

61.77%%

17.93%%

ROCE

20.81%%

6.32%%

Debt/Equity

2.5

0.59

EPS

₹6.83

₹6.16

RoNW

40.36%%

16.73%%

Shares Offered

In the Nexxus Petro Industries IPO retail investors (RII) are offered 8,78,400 shares while in Unilex Colours and Chemicals IPO retail investors are offered 8,78,400 shares. Qualified institutional buyers (QIB) are offered 0 shares in Nexxus Petro Industries IPO and 6,81,600 shares in Unilex Colours and Chemicals IPO.

	Nexxus Petro Industries IPO	Unilex Colours and Chemicals IPO
Anchor Investor Reserveration		10,20,800 shares
Market Maker Reserveration	93,600 shares	1,92,000 shares
QIB	0 shares	6,81,600 shares
NII	8,78,400 shares	5,12,000 shares
RII	8,78,400 shares	11,93,600 shares
Employee	0 shares	0 shares
Others
Total	17,56,801 shares	23,87,200 shares

Bids Received (Subscription)

Nexxus Petro Industries IPO subscribed 0.70x in total, whereas Unilex Colours and Chemicals IPO subscribed 5.42x.

	Nexxus Petro Industries IPO	Unilex Colours and Chemicals IPO
QIB (times)		3.64x
NII (times)	0.10x	3.43x
Big NII (times)
Small NII (times)
RII (times)	1.30x	7.29x
Employee (times)
Other (times)
Total (times)	0.70x	5.42x

Compare with others

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Subam Papers IPO	Nexxus Petro Industries IPO
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Sahasra Electronics Solutions IPO	Thinking Hats Entertainment Solutions IPO
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Unilex Colours and Chemicals IPO	Kalana Ispat IPO
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