Petro Carbon and Chemicals Limited IPO
Petro Carbon and Chemicals Limited is an NSE SME IPO listed on the NSE SME platform, priced at ₹162–₹171 per share. The stock debuted at ₹300, delivering a listing gain of 75.4%. The IPO had a lot size of ₹800 shares and a minimum investment of ₹1,36,800.
Petro Carbon and Chemicals Limited IPO
- IPO Dates
- Jun 25, 2024 – Jun 27, 2024
- Price band
- ₹162-171 per equity share
- Minimum Investment
- ₹1,36,800
- Issue size
- ₹113.16 Cr
- Lot size
- 800
- Allotment Date
- Jun 28, 2024
- Listing
- Jul 2, 2024
- Listing At
- NSE SME
IPO timeline
-
Jun 25, 2024
Open Date
Completed
-
Jun 27, 2024
Close Date
Completed
-
Jun 28, 2024
Allotment Date
Completed
-
Jul 2, 2024
Listing Date
Completed
Petro Carbon and Chemicals Limited IPO Essentials
Petro Carbon and Chemicals Limited IPO Details
Petro Carbon and Chemicals Limited IPO is priced at ₹162-171 per share with a total issue size of 113.16 crore. The IPO has a lot size of 800 shares and is listed on NSE SME.
- Issue price
- ₹162-171 per equity share
- Lot size
- 800 shares
- Face value
- ₹10 Per Equity Share
- Issue size
- OFS : 6,617,600 shares(aggregating up to ₹113.16 Cr)
- Total issue size
- 66,17,600 shares
(aggregating up to ₹113.16 crore) - Offer for sale (OFS)
- 66,17,600 shares
(aggregating up to ₹113.16 crore) - Listing at
- NSE SME
- List price
- 300.0
- Listing date
- Registrar
- Bigshare Services Pvt Ltd
- Lead manager
-
GYR Capital Advisors Private Limited
Market Lot Size
Investors can bid for a minimum of 800 shares and in multiples thereof. The following table depicts the minimum and maximum investment by Retail Investors and HNI in terms of shares and amount.
| Application | Lots | Shares | Amount |
|---|---|---|---|
| Retail (min) | 1 | 800 | ₹1,36,800 |
| Retail(max) | 1 | 800 | ₹1,36,800 |
| NII (min) | 2 | 1,600 | ₹2,73,600 |
Petro Carbon and Chemicals Limited IPO Reservation
Petro Carbon and Chemicals Limited IPO reservation details show category-wise allocation of shares. Out of the total 6,617,600 shares, approximately 18.69% are reserved for QIB, 14.04% for NII, 32.74% for retail investors, 6.5% for market maker, and 28.03% for anchor investors.
| Investor Category | Shares Offered | Maximum Allottees |
|---|---|---|
| Anchor Investor Shares Offered | 1,855,200 (28.03%) | |
| Market Maker Shares Offered | 430,400 (6.5%) | |
| QIB Shares Offered | 1,236,800 (18.69%) | |
| NII (HNI) Shares Offered | 928,800 (14.04%) | |
| Retail Shares Offered | 2,166,400 (32.74%) | |
| Total Shares Offered | 6,617,600 (100%) |
Petro Carbon and Chemicals Limited IPO Analytics
Petro Carbon and Chemicals Limited IPO category-wise subscription trends show day-wise participation across QIB, NII, and retail investors.
Petro Carbon and Chemicals Limited IPO Subscription Status
Petro Carbon and Chemicals Limited IPO subscription status shows demand across retail, NII, and QIB categories, helping investors understand overall participation trends.
The IPO subscription status indicates investor demand across categories.
| As on | QIB / NII | Retail | Total |
|---|---|---|---|
| Shares Offered / Reserved | 1,236,800 / 928,800 | 2,166,400 | 4,332,000 |
|
Day 1
25-06-24 06:00 PM
|
(0.15 / 2.83) x | 3.42 x | 2.36 x |
|
Day 2
26-06-24 06:00 PM
|
(0.15 / 7.19) x | 12.31 x | 7.74 x |
|
Day 3
27-06-24 06:00 PM
|
(94.49 / 130.38) x | 74.34 x | 92.11 x |
Petro Carbon and Chemicals Limited Valuations
Earnings
- P/E Pre IPO
- 66.02
Returns
- ROCE
- 60.36%
- RoNW
- 66.00%
- PAT Margin
- 15.78%
Fundamentals
- Debt / Equity
- 0.54
Petro Carbon and Chemicals Limited Financials( In Lakhs)
| 31-Mar-23 | 31-Mar-22 | 31-Mar-21 | |
|---|---|---|---|
| Assets | 26,379.12 | 27,703.56 | 15,992.29 |
| Revenue | 51,760.99 | 27,990.70 | 15,528.68 |
| Profit After Tax | 672.65 | 570.99 | 11.64 |
| Net Worth | 3,752.81 | 3,080.17 | 2,509.17 |
| Reserves & Surplus | 5,561.06 | 4,973.20 | 4,489.97 |
| Total Borrowing | 17,582.78 | 19,418.00 | 8,182.43 |
Petro Carbon and Chemicals Limited Company & Offer Insights
About Petro Carbon and Chemicals Limited
Petro Carbon and Chemicals Limited, founded in 2007 and a part of the ATHA Group, is manufacturing calcined petroleum coke (CPC), and this product is for the carbon industry.
The company calcines raw petroleum coke, green petroleum coke, into CPC that is used to manufacture and produce aluminum, steel and other carbon-based products among others.
The production plant is situated in Purba Medinipur, West Bengal, and has a capacity of producing approximately 93,744 tons of CPC per annum; the area covered by the plant is approximately 30 acres.
Currently, the company employs about 74 individuals at different levels in the areas of production, maintenance, marketing, sales, administration, and corporate services. Besides, the company currently employs approximately 290 contract workers in the production facility.
Petro Carbon and Chemicals Limited Promoter(s)
Kishor Kumar Atha, Dilip Kumar Atha, Gaurav Atha, Vishal Atha, Bharat Atha are the company's promoters of Petro Carbon and Chemicals Limited.
Petro Carbon and Chemicals Limited IPO Issue Objectives
- •
- Achieve the benefits of listing the Equity Shares on the Stock Exchanges
- •
- Carry out the Offer for Sale of up to Equity Shares by the Selling Shareholders.
Petro Carbon and Chemicals Limited IPO - Peers Comparison
| Company Name | EPS (Basic) | EPS (Diluted) | NAV (per share) (Rs) | P/E (x) | RoNW (%) | P/BV Ratio | Financial statements |
|---|---|---|---|---|---|---|---|
| Petro Carbon and Chemicals Limited | 2.59 | N/A | 14.43 | N/A | 17.92 | 11.85 | Standalone |
| Goa Carbon Ltd. | 88.24 | N/A | 130.82 | 8.76 | 58 | 5.47 | Standalone |
| India Carbon Limited | 90.28 | N/A | 1637.97 | 13.85 | 6.14 | 0.76 | Standalone |
Notes:
- The P/E Ratio has been computed based on the closing market price of equity shares on March 15, 2024, divided by the Basic EPS as of March 31, 2023.
- Basic and Diluted EPS refers to the Basic EPS sourced from the Annual Reports for FY 22-23 of the listed peer companies.
- Return on Net Worth (%) for listed industry peers has been computed based on the Net Profit After Tax for the year ended March 31, 2023, divided by Total Equity as on March 31, 2023.
- NAV per share for listed peers is computed as the Total Equity as on March 31, 2023, divided by the outstanding number of equity shares as on March 31, 2023.
Contact Information
Contact Details
Petro Carbon and Chemicals Limited
033-40118400
Avani Signature, 6th Floor, 91A/1, Park Street, Kolkata - 700016
Registrar Contact Details
Bigshare Services Pvt Ltd
+91-22-6263 8200
Frequently Asked Questions
Click any question to reveal the answer
Petro Carbon and Chemicals Limited IPO is a book-built IPO worth ₹113.16 crore. The price band is ₹162–₹171 per share. The IPO opens on Jun 25, 2024 and closes on Jun 27, 2024. It will be listed on NSE SME Platform. Bigshare Services Pvt Ltd is the registrar.
The price band of Petro Carbon and Chemicals Limited IPO is ₹162 to ₹171 per share.
The lot size of Petro Carbon and Chemicals Limited IPO is 800 shares.
The minimum investment for Petro Carbon and Chemicals Limited IPO is approximately ₹1,36,800 based on the upper price band .
Petro Carbon and Chemicals Limited IPO opens on Jun 25, 2024 and closes on Jun 27, 2024.
The allotment date of Petro Carbon and Chemicals Limited IPO is Jun 28, 2024.
Petro Carbon and Chemicals Limited IPO is expected to be listed on Jul 2, 2024, on NSE SME Platform.
Petro Carbon and Chemicals Limited IPO valuation snapshot: P/E N/A, EPS ₹/-, P/B N/A, RoNW 66.00%, and market cap N/A.
To apply for Petro Carbon and Chemicals Limited IPO, open the IPO Ji app or website, select the IPO, choose your demat account, enter the quantity, and submit the application.
You can check the live subscription status of Petro Carbon and Chemicals Limited IPO on IPO Ji or stock exchange websites. It shows real-time demand across retail, NII, and QIB categories.
Pre-apply allows investors to submit their IPO application before the bidding period starts. The order is placed automatically when the IPO opens.
If you pre-apply for Petro Carbon and Chemicals Limited IPO, your order will be placed when the IPO bidding starts, and a UPI mandate request will be generated.
You can check Petro Carbon and Chemicals Limited IPO allotment status on the registrar or stock exchange websites using your PAN or application number after allotment. You can also check the Petro Carbon and Chemicals Limited IPO allotment status on IPO Ji for quick and easy access.