IPO Issue Details
Issue Price / Price Band₹171 per share (Fixed Price)
Face Value₹10 Per Share
Lot Size800 Shares per Lot
Total Issue Size66,17,600 shares (aggregating up to ₹113.16 Cr)
Issue TypeBookbuilding IPO
Sale Type / CategoryOffer For Sale
Exchange / PlatformNSE SME
IPO TypeSME
Subscription OpenTue, 25 Jun 2024
Subscription CloseThu, 27 Jun 2024
Anchor AllotmentMon, 24 Jun 2024
Basis of AllotmentFri, 28 Jun 2024
Initiation of RefundsMon, 01 Jul 2024
Credit of Shares to DematMon, 01 Jul 2024
Listing DateTue, 02 Jul 2024
UPI Mandate Deadline2024-06-27
Application & Investment Details
Retail — Min (1 Lots)₹1,36,800 — 800 shares
Retail — Max (13 Lots)₹1,778,400 (13 Lots)
HNI — Min (2 Lots)₹2,73,600 — 1,600 shares
EPS (Pre-IPO)₹66.02
Net Offer to Public61,87,200 shares (aggregating up to ₹105.80 Cr)
Reserved for Market Maker4,30,400 shares (aggregating up to ₹7.36 Cr)
Pre-IPO Promoter Holding2,47,00,000 shares
Post-IPO Promoter Holding2,47,00,000 shares
About Petro Carbon & Chemicals Ltd
Petro Carbon and Chemicals Limited, an ATHA Group company, was founded in 2007 and is engaged in the production of calcined petroleum coke (CPC) for the carbon industry.The company produces calcined petroleum coke, commonly known as CPC, from raw petroleum coke (RPC), also known as green petroleum coke, for use in the manufacture and production of aluminum, steel and various other carbon-based products.The company's production facility is located in Purba Medinipur, West Bengal, and has a capacity of around 93,744 tons of CPC per annum; the plant is spread over an area of around 30 acres.The company employs around 74 people at various levels in the areas of production, maintenance, marketing, sales, administration and corporate services. In addition, the company employs around 290 contract workers at its current production facility.
Objects of the Issue
Petro Carbon & Chemicals Ltd proposes to utilise the net proceeds from the Issue for the following objects:
1
Achieve the benefits of listing the Equity Shares on the Stock Exchanges; and
2
Carry out the Offer for Sale of up to Equity Shares by the Selling Shareholders.
Shareholding & Lock-in
Pre-IPO Promoter Holding
2,47,00,000 shares
Post-IPO Promoter Holding
2,47,00,000 shares