Petro Carbon and Chemicals Limited
Book Built Issue IPO · NSE
- Price band
- ₹162 - ₹171
- Lot size
- 800 shares
- Issue amount
- ₹113.16 cr
- Total subscription
- 92.11×
- Opens
- 25 Jun 2024
- Closes
- 27 Jun 2024
- Allotment
- 28 Jun 2024
- Listing
- 2 Jul 2024
Offer at a glance
Issue overview
- Issue size
- 66,17,600 shares
- Face value
- ₹10 Per Equity Share
- Minimum investment
- ₹1,29,600
- Fresh issue
- ₹0 cr
- Offer for sale
- ₹113.16 cr
- Registrar
- Bigshare Services Private Limited
- Listing exchange
- NSE
- Maximum investment
- ₹1,36,800
- Issue type
- Book Built Issue IPO
- Shares before issue
- 2,47,00,000
- Shares after issue
- 0
Lot sizes
| Category | Lots | Shares | Amount |
|---|---|---|---|
| RETAIL | 1 | 800 | ₹1,36,800 |
| HNI | 2 | 1,600 | ₹2,73,600 |
Share reservation
Subscription & GMP
Subscription by category
Missing multiples are calculated from bids and offered shares when available.
GMP history
Application-wise demand
| Category | Reserved applications | Applied applications |
|---|---|---|
| — | — |
Subscription demand
Amounts in ₹ crore. HNI subcategories are included in the NII total.
| Category | Offered | Demand |
|---|---|---|
| QIBs | 21.15 | 1,998.47 |
| RETAIL | 37.05 | 2,753.98 |
Financial performance
Company financials
in Lakhs · Reported periods may include interim results.
Key performance indicators
| Metric | Dec-23 | Mar-23 | Mar-22 |
|---|---|---|---|
| EPS | 27.54 | 2.59 | 2.2 |
| ROE | 0 | 0 | 0 |
| ROCE | 60.36 | 10.88 | 10.09 |
| RONW | 66 | 17.91 | 18.54 |
| PRE IPO(PE) | 0 | 0 | 0 |
| POST IPO(PE) | 0 | 0 | 0 |
Values and labels as reported in the issue data.
Company information
Company profile
Petro Carbon and Chemicals Limited, a part of the ATHA Group and established in 2007, specializes in producing calcined petroleum coke (CPC) from raw petroleum coke (RPC) for the aluminum, steel, and other carbon-based industries. Its production facility in Purba Medinipur, West Bengal, spans approximately 30 acres with an annual production capacity of around 93,744 tons of CPC. The company employs around 74 staff members across production, maintenance, marketing, sales, administration, and corporate services, supplemented by approximately 290 contract workers to support its operations.
Strengths
- Expanding Opportunities: Petro Carbon and Chemicals Limited is well-positioned to benefit from the growing Indian carbon industry, paving the way for future growth.
- Strong Track Record: With a history of steady growth and efficient operations, the company has proven its ability to scale and optimize production.
- Strategic Location Advantage: Its plant in Purba Medinipur, West Bengal, offers logistical and supply chain benefits, enhancing efficiency and competitiveness.
Risk factors
- No Direct Financial Gain: The company won’t receive any funds from the Offer for Sale, as all proceeds will go to the Promoter Selling Shareholders.
- Market Dependence: A large portion of revenue comes from the aluminum and steel industries, and since the company primarily sells CPC, any downturn in these markets could impact business.
- Supplier Reliance: Dependence on key suppliers for raw materials could cause delays and disruptions, affecting production and overall operations.
Promoters
Kishor Kumar Atha
Dilip Kumar Atha
Gaurav Atha
Vishal Atha
Bharat Atha
Registrar & documents
Lead manager
GYR Capital Advisors Private Limited
Registrar & contacts
Bigshare Services Private Limited
[email protected]Official registrar portal ↗IPO allotment status guide →Registered office
Avani Signature, 6th Floor, 91A/1, Park Street, Kolkata - 700016
033-40118400
[email protected]Company website ↗Understanding PCCL IPO data
Compare the price band and required investment with the company profile, financial results and offer documents. Subscription figures show reported demand by category; they do not establish the value of the business. GMP is an unofficial indication and can change before listing.