Zerodha > Trade @ ₹20 (Free Delivery)Know More
Free Account Opening + AMC Free Demat

Nexxus Petro Industries IPO vs Subam Papers IPO

Comparison between Nexxus Petro Industries IPO and Subam Papers IPO.

IPO Details

Nexxus Petro Industries IPO is a SME Bookbuilding IPO proposed to list at BSE SME while Subam Papers IPO is a SME Bookbuilding proposed to list at BSE SME.

 Nexxus Petro Industries IPOSubam Papers IPO
LogoNexxus Petro Industries IPO LogoSubam Papers IPO Logo
Issue CategorySMESME
Issue TypeIPOIPO
Process TypeFixed PriceBookbuilding
Listing AtBSE SMEBSE SME
Lead ManagersSrujan Alpha Capital Advisors LLPGretex Corporate Services Ltd.
RegistrarKfin Technologies Ltd.Bigshare Services Pvt.Ltd.
Market MakerGretex Share Broking Pvt.Ltd.Gretex Share Broking Pvt.Ltd.
DRHPDRHP DRHP
RHPRHP RHP
Anchor InvestorAnchor Investor
IPO Allotment URLIPO Allotment URL IPO Allotment URL

Issue Size and Price

The total issue size of Nexxus Petro Industries IPO is up to ₹18.45 Cr whereas the issue size of the Subam Papers IPO is up to ₹89.01 Cr. The final issue price of Nexxus Petro Industries IPO is ₹105.00 per share and of Subam Papers IPO is ₹152.00 per share.

 Nexxus Petro Industries IPOSubam Papers IPO
Face Value₹10 per share₹10 per share
Issue Price (Lower)₹144.00 per share
Issue Price (Upper)₹152.00 per share
Issue Price (Final)₹105.00 per share₹152.00 per share
Discount (Retail)₹0.00 per share₹0.00 per share
Discount (Employee)
Market Lot Size1200 shares800 shares
Fresh Issue Size17,56,800 shares58,56,000 shares
Fresh Issue Size (Amount)up to ₹18.45 Crup to ₹89.01 Cr
OFS Issue Size0 shares0 shares
OFS Issue Size (Amount)up to ₹0.00 Crup to ₹0.00 Cr
Issue Size Total17,56,800 shares58,56,000 shares
Issue Size Total (Amount)up to ₹18.45 Crup to ₹89.01 Cr

IPO Timetable

Nexxus Petro Industries IPO opens on Sep 26, 2024, while Subam Papers IPO opens on Sep 30, 2024. The closing date of Nexxus Petro Industries IPO and Subam Papers IPO is Sep 30, 2024, and Oct 03, 2024, respectively.

 Nexxus Petro Industries IPOSubam Papers IPO
Anchor Bid DateSep 27, 2024
Issue OpenSep 26, 2024Sep 30, 2024
Issue CloseSep 30, 2024Oct 03, 2024
Basis Of Allotment (Tentative)Oct 01, 2024Oct 04, 2024
Initiation of Refunds (Tentative)Oct 03, 2024Oct 07, 2024
Credit of Share (Tentative)Oct 03, 2024Oct 07, 2024
Listing date (Tentative)Oct 04, 2024Oct 08, 2024
Anchor Lockin End date 1Nov 03, 2024
Anchor Lockin End date 2Jan 02, 2025

Financials & KPIs

Nexxus Petro Industries IPO P/E ratio is 15.37, as compared to Subam Papers IPO P/E ratio of 7.77.

 Nexxus Petro Industries IPOSubam Papers IPO
Financials

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 Ended31 Mar 202431 Mar 202331 Mar 2022
Assets3,892.551,644.96932.77
Total Income23,837.5714,283.954,847.02
Profit After Tax348.47200.8754.06
Net Worth863.4264.9354.06
Reserves and Surplus353.4254.9354.06
Total Borrowing2,161.43835.1369.83
Amount in ₹ Lakhs

Subam Papers Limited Financial Information (Restated Consolidated)

Subam Papers Limited's revenue decreased by -3% and profit after tax (PAT) rose by 12574% between the financial year ending with March 31, 2024 and March 31, 2023.

Period Ended31 Mar 202431 Mar 202331 Mar 2022
Assets46,046.141,434.6539,418.33
Total Income49,697.3151,062.3633,259.87
Profit After Tax3,341.8-26.792,600.23
Net Worth19,904.1216,562.3216,589.11
Reserves and Surplus19,741.3516,399.5516,426.34
Total Borrowing18,340.7716,282.6115,573.37
Amount in ₹ Lakhs
Promoter Shareholding (Pre-Issue)100.0094.81
Promoter Shareholding (Post-Issue)69.67
P/E Ratio15.377.77
Market Cap₹72.98 Cr.₹353.32 Cr.
ROE61.77%16.79%
ROCE20.81%20.84%
Debt/Equity2.500.92
EPS₹6.83₹19.57
RoNW40.36%16.79%

Shares Offered

In the Nexxus Petro Industries IPO Retail Individual Investors (RII) are offered 8,78,400 shares while in Subam Papers IPO retail investors are offered 8,78,400 shares. Qualified Institutional Buyers (QIB) are offered in Nexxus Petro Industries IPO and 11,71,200 shares in Subam Papers IPO.

 Nexxus Petro Industries IPOSubam Papers IPO
Anchor Investor Reserveration17,56,800 shares
Market Maker Reserveration93,600 shares3,08,800 shares
QIB11,71,200 shares
NII8,78,400 shares8,78,400 shares
RII8,78,400 shares20,49,600 shares
Employee
Others
Total17,56,800 shares58,56,000 shares

Bids Received (Subscription)

Nexxus Petro Industries IPO subscribed 8.44x in total, whereas Subam Papers IPO subscribed 92.93x.

 Nexxus Petro Industries IPOSubam Papers IPO
QIB (times)57.18x
NII (times)8.41x243.16x
Big NII (times)
Small NII (times)
RII (times)8.48x48.97x
Employee (times)
Other (times)
Total (times)8.44x92.93x