Petro Carbon IPO description – Petro Carbon and Chemicals (PCCL), a proud member of the ATHA Group, excels in the creation and distribution of Calcined Petroleum Coke (CPC) within the carbon sector. They transform raw petroleum coke (RPC), often referred to as green petroleum coke, into the refined product known as CPC. This crucial material serves as a cornerstone in the production of aluminum, steel, and an array of other carbon-intensive products.
The company’s production facility, situated in Purba Medinipur, West Bengal, boasts an annual capacity of approximately 93,744 tons of CPC. Spanning about 30 acres, the plant is a significant operation. As of 31 December 2023, the company has a dedicated workforce of around 73 employees involved in production, maintenance, marketing, sales, administration, and corporate services. Additionally, approximately 290 contract workers support operations at the current production facility.
Promoters of Petro Carbon and Chemicals – Kishor Kumar Atha, Dilip Kumar Atha, Gaurav Atha, Vishal Atha, and Bharat Atha
Table of Contents
Petro Carbon and Chemicals IPO Details
| Petro Carbon IPO Dates | 25 – 27 June 2024 |
| Petro Carbon IPO Price | INR 162 – 171 per share |
| Fresh issue | NIL |
| Offer For Sale | 66,17,600 shares (INR 107.21 – 113.16 crore) |
| Total IPO size | 66,17,600 shares (INR 107.21 – 113.16 crore) |
| Minimum bid (lot size) | 800 shares (INR 1,36,800) |
| Face Value | INR 10 per share |
| Retail Allocation | 35% |
| Listing On | NSE Emerge |
Petro Carbon and Chemicals Financial Performance
| Â | FY 2021 | FY 2022 | FY 2023 | 9M FY 2024 |
| Revenue | 152.01 | 276.97 | 515.51 | 445.70 |
| Expenses | 155.00 | 271.61 | 508.11 | 346.76 |
| Net income | 0.12 | 5.71 | 6.72 | 70.31 |
Petro Carbon and Chemicals Offer News
- Petro Carbon and Chemicals RHP
- Petro Carbon Draft Prospectus
- ASBA IPO Forms
- Live IPO Subscription Status
- Highest SME IPO Subscription in 2024
Petro Carbon and Chemicals Valuations & Margins
| FY 2021 | FY 2022 | FY 2023 | |
| EPS | 0.04 | 2.20 | 2.59 |
| PE ratio | – | – | 62.55 – 66.02 |
| RONW (%) | 0.46 | 18.54 | 17.91 |
| NAV | 9.65 | 11.85 | 14.43 |
| EBITDA (%) | 1.83 | 4.31 | 3.13 |
| ROCE (%) | 2.30 | 10.09 | 10.88 |
| Debt/Equity | 1.15 | 2.56 | 2.15 |
Petro Carbon IPO GMP Today
| Date | Consolidated IPO GMP | Kostak | Subject to Sauda |
| 1 July 2024 | 85 | – | 51,000 |
| 29 June 2024 | 93 | – | 53,000 |
| 28 June 2024 | 95 | – | 56,000 |
| 27 June 2024 | 107 | – | 69,000 |
| 26 June 2024 | 102 | – | 67,500 |
| 25 June 2024 | 92 | – | 58,700 |
| 24 June 2024 | 95 | – | 61,500 |
| 22 June 2024 | 85 | – | 57,500 |
| 21 June 2024 | 75 | – | 45,000 |
| 20 June 2024 | 50 | – | 30,000 |
Petro Carbon IPO Subscription – Live Updates
| Category | QIB | NII | Retail | Total |
|---|---|---|---|---|
| Shares Offered | 12,36,800 | 9,28,800 | 21,66,400 | 43,32,000 |
| 27 Jun 2024 | 94.49 | 130.38 | 74.34 | 92.11 |
| 26 Jun 2024 | 0.15 | 7.62 | 12.11 | 7.73 |
| 25 Jun 2024 | 0.15 | 2.75 | 2.77 | 2.01 |
The market maker reservation portion of 4,30,400 shares and anchor allocation portion of 18,55,200 shares are not included in the above calculations.
Petro Carbon and Chemicals IPO Allotment Status
Petro Carbon and Chemicals IPO allotment status is now available on the Bigshare Services website. Click on this link to get allotment status.
Petro Carbon IPO Dates & Listing Performance
| IPO Opening Date | 25 June 2024 |
| IPO Closing Date | 27 June 2024 |
| Finalization of Basis of Allotment | 28 June 2024 |
| Initiation of refunds | 1 July 2024 |
| Transfer of shares to demat accounts | 1 July 2024 |
| Petro Carbon IPO Listing Date | 2 July 2024 |
| Opening Price on NSE SME | INR 300 per share (up 75.44%) |
| Closing Price on NSE SME | INR 315 per share (up 84.21%) |
Petro Carbon Offer Lead Manager
GYR CAPITAL ADVISORS PRIVATE LIMITED
428, Gala Empire, Near JB Tower,
Drive in Road, Thaltej, Ahmedabad-380 054
Phone:+91 8777564648
Email:Â [email protected]
Website:Â www.gyrcapitaladvisors.com
Petro Carbon Offer Registrar
BIGSHARE SERVICES PRIVATE LIMITED
S6-2, 6th Floor, Pinnacle Business Park,
Next to Ahura Centre, Mahakali
Caves Road, Andheri East, Mumbai – 400 093
Phone:Â +91 22 6263 8200
Email:Â Â [email protected]
Website:Â www.bigshareonline.com
Petro Carbon Issue Contact Details
PETRO CARBON AND CHEMICALS LIMITED
Avani Signature, 6th Floor, 91A/1, Park Street,
Kolkata, West Bengal, India, 700016
Phone: 033-40118400
E-mail: [email protected]
Website: www.pccl.in
Petro Carbon and Chemicals IPO FAQs
What is the Petro Carbon and Chemicals IPO size?
Petro Carbon’s offer size is INR 107.21 – 113.16 crores.
What is the Petro Carbon and Chemicals IPO price band?
Petro Carbon’s public offer price is INR 162 – 171 per share.
What is the lot size of the Petro Carbon IPO?
Petro Carbon offer a lot size is 800 shares.
What is Petro Carbon IPO GMP today?
Petro Carbon IPO GMP today is INR 85 per share.
What is the Petro Carbon kostak rate today?
Petro Carbon kostak rate today is INR NA per application.
What is Petro Carbon Subject to the Sauda rate today?
Petro Carbon is Subject to the Sauda rate today is INR 51,000 per application.
