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Nexxus Petro Industries IPO vs Unilex Colours IPO

Comparison between Nexxus Petro Industries IPO and Unilex Colours IPO.

IPO Details

Nexxus Petro Industries IPO is a SME Bookbuilding IPO proposed to list at BSE SME while Unilex Colours IPO is a SME Bookbuilding proposed to list at NSE SME.

 Nexxus Petro Industries IPOUnilex Colours IPO
LogoNexxus Petro Industries IPO LogoUnilex Colours IPO Logo
Issue CategorySMESME
Issue TypeIPOIPO
Process TypeFixed PriceBookbuilding
Listing AtBSE SMENSE SME
Lead ManagersSrujan Alpha Capital Advisors LLPHem Securities Ltd.
RegistrarKfin Technologies Ltd.MUFG Intime India Pvt.Ltd.
Market MakerGretex Share Broking Pvt.Ltd.Hem Finlease 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 Unilex Colours IPO is up to ₹29.65 Cr. The final issue price of Nexxus Petro Industries IPO is ₹105.00 per share and of Unilex Colours IPO is ₹87.00 per share.

 Nexxus Petro Industries IPOUnilex Colours 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)₹0.00 per share₹0.00 per share
Discount (Employee)
Market Lot Size1200 shares1600 shares
Fresh Issue Size17,56,800 shares34,08,000 shares
Fresh Issue Size (Amount)up to ₹18.45 Crup to ₹29.65 Cr
OFS Issue Size0 shares0 shares
OFS Issue Size (Amount)up to ₹0.00 Crup to ₹0.00 Cr
Issue Size Total17,56,800 shares34,08,000 shares
Issue Size Total (Amount)up to ₹18.45 Crup to ₹29.65 Cr

IPO Timetable

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

 Nexxus Petro Industries IPOUnilex Colours IPO
Anchor Bid DateSep 24, 2024
Issue OpenSep 26, 2024Sep 25, 2024
Issue CloseSep 30, 2024Sep 27, 2024
Basis Of Allotment (Tentative)Oct 01, 2024Sep 30, 2024
Initiation of Refunds (Tentative)Oct 03, 2024Oct 01, 2024
Credit of Share (Tentative)Oct 03, 2024Oct 01, 2024
Listing date (Tentative)Oct 04, 2024Oct 03, 2024
Anchor Lockin End date 1Oct 30, 2024
Anchor Lockin End date 2Dec 29, 2024

Financials & KPIs

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

 Nexxus Petro Industries IPOUnilex Colours 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

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 Ended31 Mar 202431 Mar 202331 Mar 2022
Assets9,068.357,072.317,669.84
Total Income14,932.8814,441.8415,156.73
Profit After Tax616.67497.07471.17
Net Worth3,6863,202.892,805.98
Reserves and Surplus2,684.32,868.992,472.08
Total Borrowing2,161.41,166.831,135.09
Amount in ₹ Lakhs
Promoter Shareholding (Pre-Issue)100.00100.00
Promoter Shareholding (Post-Issue)73.56
P/E Ratio15.3714.13
Market Cap₹72.98 Cr.₹118.47 Cr.
ROE61.77%17.93%
ROCE20.81%6.32%
Debt/Equity2.500.59
EPS₹6.83₹6.16
RoNW40.36%16.73%

Shares Offered

In the Nexxus Petro Industries IPO Retail Individual Investors (RII) are offered 8,78,400 shares while in Unilex Colours IPO retail investors are offered 8,78,400 shares. Qualified Institutional Buyers (QIB) are offered in Nexxus Petro Industries IPO and 6,81,600 shares in Unilex Colours IPO.

 Nexxus Petro Industries IPOUnilex Colours IPO
Anchor Investor Reserveration10,20,800 shares
Market Maker Reserveration93,600 shares1,92,000 shares
QIB6,81,600 shares
NII8,78,400 shares5,12,000 shares
RII8,78,400 shares11,93,600 shares
Employee
Others
Total17,56,800 shares34,08,000 shares

Bids Received (Subscription)

Nexxus Petro Industries IPO subscribed 8.44x in total, whereas Unilex Colours IPO subscribed 35.03x.

 Nexxus Petro Industries IPOUnilex Colours IPO
QIB (times)15.58x
NII (times)8.41x60.74x
Big NII (times)
Small NII (times)
RII (times)8.48x35.11x
Employee (times)
Other (times)
Total (times)8.44x35.03x