Issue Price
₹ 162-₹ 171
per equity share
Issue Size
47.62 lakhs
equity share
Face Value
₹ 10
per equity share
Market Lot
800
equity share
Please note
Listing at NSE
Petro Carbon and Chemicals Limited
Important Dates
IPO Open Date
25 Jun 2024
IPO Close Date
27 Jun 2024
Allotment Date
28 Jun 2024
Initiation of Refunds
01 Jul 2024
Credit of Shares to Demat Account
01 Jul 2024
IPO Listing Date
02 Jul 2024
UPI Mandate Expiry Date
27 Jun 2024
IPO Details
Petro Carbon and Chemicals IPO is open for subscription starting Tuesday, June 25, 2024, and closing on Thursday, June 27, 2024. This upcoming IPO's price is Rs 162 to 171 per share. The minimum lot size set for the retail category is 800 shares. Meanwhile, the minimum lot size for the HNI category is 2 lots consisting of 1600 shares. The minimum investment required for retail category investors is Rs 1,36,800 (171 x 800 shares). However, for the HNI category, the minimum investment amount required is Rs 2,73,600 (171x 1600 shares). Petro Carbon and Chemicals IPO is a book-built issue of Rs 113.16 crores. This upcoming IPO is entirely an offer for sale of Rs 66.18 lakh equity shares. The allotment for this new IPO is expected to be finalised on Friday, June 28, 2024. Petro Carbon and Chemicals IPO will be listed on the NSE SME segment, and the listing date is fixed on Tuesday, July 2, 2024. The book-running lead manager of Petro Carbon and Chemicals IPO is GYR Capital Advisors Private Limited. The registrar for this IPO is Bigshare Services Private Limited.
Seize the deal, apply for IPO today!
Apply for IPOAbout Petro Carbon and Chemicals Limited
Petro Carbon and Chemical Limited is ATHA group company founded in 2007, is engaged in producing calcined petroleum coke for the carbon industry. The company produces calcined petroleum coke, commonly known as CPC, from raw petroleum coke also known as green petroleum coke, for use in the manufacture and production of aluminium, steel and various other carbon-based products. Petro Carbon and Chemical Limited 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. They had team members of around 74 people in the various levels in areas of production, marketing, maintenance, sales administration and corporate services. In addition to this, the company employs around 290 contract workers at its current production facility.
Parent Organisation
-
Founded
2007
Managing Director
Kishor Kumar Atha
IPO Objectives
The objective of this IPO issue is to get the listing benefits from the stock exchange. To carry out the offer for sale of the equity shares from the selling shareholders.
How to apply for IPO
- Login to your Bigul account and select the issue in the current IPO section
- Enter the number of lots and price at which you wish to apply for
- Enter your UPI ID and click on submit. With this, your bid will be placed with the exchange
- You will receive a mandate notification to block funds in your UPI app
- Approve the mandate request on your UPI and funds will be blocked
Open Demat Account in 5 Minutes
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PAN Card | Aadhaar Card | Bank Account Number
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