THIS IS A PUBLIC ANNOUNCEMENT FOR INFORMATION PURPOSES ONLY AND IS NOT A PROSPECTUS ANNOUNCEMENT AND DOES NOT CONSTITUTE AN INVITATION OR OFFER TO ACQUIRE, PURCHASE OR SUBSCRIBE TO SECURITIES. NOT FOR RELEASE. PUBLICATION OR DISTRIBUTION DIRECTLY OR INDIRECTLY OUTSIDE INDIA.

	NEXXUS PETRO INDUSTRIES LIMITED
	(Formerly known as "Nexxus Petro Industries Private Limited")
	CIN: U50400GJ2021PLC126116

Our Company was originally incorporated as ‘Nexxus Petro Industries Private Limited' as a private limited company under the provisions of the Companies Act, 2013, pursuant to a Certificate of Incorporation dated October 5.2021, issued by the Assistant Registrar of Companies. Central Registration Center. Thereafter, our Company was converted in to a public limited company under the name, •‘Nexxus Petro Industries Limited' on July 18,2023 vide Special Resolution passed by shareholders at the Extra Ordinary General Meeting of our Company held on July 13.2023 and a fresh certificate of Incorporation dated July 18.2023 was issued by Registrar of Companies. Ahmedabad. Gujarat vide CIN No. U50400GJ2021PLC126116. For further details on incorporation and registered office of our Company, see * History and Certain Corporate Matters' beginning on page 111 of the Prospectus.

"The Issue is being made in accordance with Chapter IX of the SEBIICDR Regulations (IPO of Small and Medium Enterprises) and the Equity Shares are proposed to be listed on SME Platform of BSE Limited ("BSE").

INITIAL PUBLIC OFFERING OF UPTO 18.50.400 EQUITY SHARES OF FACE VALUE OF Rs. 10/- EACH ("EQUITY SHARES ') OF NEXXUS PETRO INDUSTRIES LIMITED ("NEXXUS" OR "OUR COMPANY" OR "THE ISSUER") FOR CASH AT A PRICE OF Rs. 105 PER EQUITY SHARE (INCLUDING A PREMIUM OF Rs. 95 PER EQUITY SHARE) ("ISSUE PRICE") AGGREGATING TO Rs. 1.942.92 Lakhs ("THE ISSUE") OF WHICH 93.600 EQUITY SHARES AGGREGATING TO Rs. 98.28 LAKHS WILL BE RESERVED FOR SUBSCRIPTION BY MARKET MAKER ("MARKET MAKER RESERVATION PORTION"). THE ISSUE LESS THE MARKET MAKER RESERVATION PORTION I.E. NET ISSUE OF 17,56,800 EQUITY SHARES OF FACE VALUE OF Rs. 10/- EACH AT AH ISSUE PRICE OF Rs. 105 PER EQUITY SHARE AGGREGATING TO Rs. 1.844.64 LAKHS ("NET ISSUE"). THE ISSUE AND THE NET ISSUE WILL CONSTITUTE 26.62% AND 25.28% OF THE POST ISSUE PAIO-UP EQUITY SHARE CAPITAL OF OUR COMPANY. FOR FURTHER DETAILS, PLEASE REFER TO CHAPTER TITLED ‘TERMS OF THE ISSUE" BEGINNING ON PAGE 199 OF THE PROSPECTUS

1. This being the first Public Issue of our Company, there has been no formal market for the Equity Shares of our Company. The Issue Price (determined and justified by our Company in consultation with the Lead Manager) as stated under "Basis for Issue Price" beginning on page no. 68 of the Prospectus should not be taken to be indicative of the market price of the Equity Shares after the Equity Shares are listed. No assurance can be given regarding an active or sustained trading in the Equity Shares or regarding the price at which the Equity Shares will be traded after listing,

2. The average cost of acquisition of Equity Shares by our Promoters is as follows:

3. The weighted average cost of acquisition is as follows:

"There were no secondary sales or acquisitions ot shares (Equity/convertible securities) (excluding gilts) that equal to or exceeds 5% ol the fully diluted paid-up share capital of the Company m the last 18 months from the date of Prospectus.

Investors are required to refer section titled "RiskFactors" on page 22 of the Prospectus.

This issue is being made in terms of Chapter tx of the Securities Exchange Board of India (Issue of Capital and Disclosure Requirements) Regulations. 2018 as amended ('SEBI (ICDR) Regulations"). in terms of rule 19(2)(b)(i) of the Secuntles Contracts (Regulation) Rules. 1957. as amended, this is an issue for at least 25% ol the post-issue paid-up equity share capital of our Company. This issue is a fixed pnce issue and allocation in the net issue to the public will be made in terms of regulation 253 of the SEBI (ICDR) regulations. For further details, please refer chapter titled 'Issue procedure" beginning on page 208 of the prospectus dated September 22,2024.

‘subject to the receipt of listing and trading approval from the BSE (SME PLATFORM).

The Net Issue has received 6531 applications for 14.940.000 Equity Shares resulting in 8.07393 times (after technical rejection and bids not banked) i.e net subscription The details of the applications received m the Net Issue (Alter removing multiple and duplicate bids, bids (UPl Mandates) not accepted by investors/ blocked, bids reiected under application banked but bid not registered and vaM rejections cases from the 'Bid Book') are as follows:

Detail of the Applications Received

The Basis of allotment was finalized in consultation with the Designated Stock Exchange, being BSE Limited (SME Platform) on October 01.2024 and In view of the explanation provided under regulations 253 (2) of the SEBI (ICDR) Regulation 2018. the Retail Category has applied for 47.47% and 47.47% by Non -Retail Investor; accordingly, we have derived the issue size for different categories. Further, owing to rounding off, an additional share has been proportioned to be allotted in retail investors

1. Allotment to Market Maker (After Technical Rejections): The Basis of Allotment to the Market Maker, at the Issue Price of 1105 per Equity Share, was finalised in consultation with BSE. The category was subscribed by 1.00000 times. The total number of shares allotted in this category is 93.600 Equity Shares. The category-wise details of the Basis of Allotment are as under:

2. Allotment to Non-Retail Investor's (Alter Technical Rejections): The Basis of Allotment to the Non - Retail Investors, at the Issue Price of Rs. 105 per Equity Share, was finalised in consultation with BSE. The total number of shares allocated in this category is 878.400 Equity Shares. The category 'was subscribed by 8.40847 times. The category-wise details of the Basis of Allotment are as under

Please Note: 1 Additional lot of 1200 shares have been allocated to Categories 12000,14400 & 24000 in the ratio of 1 4,1:2 & 1:2

4. Allotment to Retail Individual Investors (After Technical Rejections): The Basis of Allotment to the Retail Individual Investors, at the Issue Price of Rs. 105 per Equity Share, was finalised in consultation with BSE. The total number of shares allocated in this category is 878.400 Equity Shares. The category was subscribed by 8.35246 times. The category-wise details of the Basis of Aflotment are as under

The Board of Directors of the Company at its meeting held on October 01.2024 has taken on record the Basis of Allotment of Equity Shares, as approved by the Designated Stock Exchange viz. BSE and has authorized the corporate action forthe allotment of the Equity Shares to various successful applicants.

The CAN-cum-Relund Orders and allotment advice and/or notices are being dispatched to the address ot the Applicants as registered with the depositories as tilled m the application form. Further, the instructions to Self Certified Syndicate Banks were being processed on October 01.2024. In case the same is not received within ten days, investors may contact the Registrar to the issue at the address given below. The Equity Shares allocated to successful applicants will be uploaded on October 03.2024 for credit into the respective beneficiary accounts subject to validation of the account details with depositories concerned. The Company is in the process of obtaining approval from BSE and the trading of the equity shares is expected to commence trading on October 04.2024.

Note: All capitalized terms used and not defined herein shall have the respective meanings assigned to them in the Prospectus dated September 22.2024 (''Prospectus").

The details of the allotment made has been hosted on the website of the Registrar to the Issue. KFIN Technologies Limited at Website: wwvr.kfintech.com

All future correspondence in this regard may kindly be addressed to the Registrar to the Issue quoting full name of the First/Sole Bidder Serial number of the ASBA Form. Number of Equity Shares bid for. Bidder DP ID. Client ID. PAN. date of submission of the Bid cum Application Form, address of the Bidder, the name and address of the Designated Intermediary where the Bid cum Application Form was submitted and copy of the acknowledgement Slip received from the Designated Intermediary and payment details at the address given below:

SRUJAN ALPHA CAPITAL ADVISORS LLP	KFIN TECHNOLOGIES LIMITED
Registered Office: 112A, 1st Floor, Arun Bazar, S.V. Road, Beside Bank of India,	Selenium Tower - 8, Plot 31 & 32, Gachibowli, Financial District,
Malad (West). Mumbai - 400 064. Corporate Office: 824 & 825, Corporate	Nanakramguda, Serilingampally, Hyderabad - 500032, Telangana. India.
Avenue. Sonawala Road. Opposite Atlanta Centre. Goregaon. Mumbai - 400 064	Tel: +91 40 67162222; E-mail: npil.ipo@kfintech.com
Tel: 022-46030709: E-mail: jinesh@srujanalpha.com	Investor grievance e-mail: elnward.ris@kfintech.com
Website: www.srujanalpha.com : Contact Person: Mr. Jinesh Doshi	Website: www.kfintech.com : Contact Person: Mr. M Murali Krishna
SEBI Registration Number: INM000012829	SEBI Registration No.: INR000000221

Disclaimer: NEXXUS PETRO INDUSTRIES LIMITED has filled the Prospectus dated September 22, 2024 with the Registrar of Companies. Ahmedabad and the Stock Exchange. The Prospectus is available on the website of the Lead Manager at www.srujanalpha.com and Company at www.nexxusgroup.co .in and on the website of the BSE https://www.bseindia.com . Investors should note that investment in Equity Shares involves a high risk and (or the details relating to the issue, please see ‘Risk Factors' beginning on page 22 ol the Prospectus. The Equity Shares have not been and will not be registered under the U.S Securities Act 1933. as amended (the 'Securities Act") or any state securities laws in the United States and unless so registered, and may not be issued or sold within the United States. except pursuant to an exemption from, or in a transaction not subject to, the registration requirements ot the Securities Act and in accordance with any applicable U.S state securities laws. The Equity Shares are being issued and sold outside the United States in ‘offshore transactions' in reliance on Regulation under the Securities Act and applicable laws of each jurisdiction where such Issue and sales are made. There will be no public issuing in the United States.