Petro Carbon IPO

Petro Carbon & Chemicals Ltd

₹1,29,600 /800 sharesMinimum Investment

Petro Carbon IPO Details

Bidding DatesMin. InvestmentLot SizePrice Range
25 Jun ‘24 - 27 Jun ‘24₹1,29,600800₹162 - ₹171
Issue SizeIPO Doc
113.16Cr
RHP PDF

About Petro Carbon

Petro Carbon and Chemicals Limited ("PCCL") is a ATHA Group (the "Group") Company engaged in the business of manufacturing and marketing of Calcined Petroleum Coke ("CPC") in the carbon industry. Atha Group is a multi- product, multi-technology, multi-location business conglomerate. It is a 70 year old diversified Indian business house headquartered in Kolkata. The Company was founded by Mr. Kishor Kumar Atha in the year 1957 in Odisha as a Mining and Minerals company. Since the last decade, the group has been focusing towards its growth strategy of business diversification, forward and backward integrations and acquisition of projects, which has significantly helped the group maintain consistency in performance and growth. PCCL's business model is fundamentally a B2B model wherein we majorly supply our end product CPC, to the renowned, aluminum manufacturing government companies, graphite electrodes and titanium dioxide manufacturers as well as other users in the metallurgical, chemical industries and other steel manufacturing companies. In 2018, our company was honoured with the prestigious NALCO VIKRETA UTKARSH PURASKAR, recognizing us as the top supplier among all the suppliers of POL (Petroleum, Oil, and Lubricants) by the National Aluminium Company Limited.;
Parent organisation
Petro Carbon & Chemicals Ltd

Strengths & Financials of Petro Carbon

Strengths
Risks
Well positioned to capture the growth potential of the Indian carbon industry.
Track record of growth and efficient operations.
Strategic location of our plant provides us with competitive advantages.
Strong track record of financial performance.
The Promoter Selling Shareholders, will receive the entire proceeds from the Offer for Sale. The Company will not receive or benefit from any proceeds from the Offer for Sale.
The company depends on the success of its relationships with its customers. The company revenue is generated from certain of its key customers, and the loss of one or more such customers, the deterioration of their financial condition or prospects, or a reduction in their demand for its products could adversely affect the company's business, results of operations, financial condition and cash flows.
The Company derives a substantial portion of its revenues from sales of aluminium and steel industry and has a single product CPC.
In the event the company is unable to procure adequate amount of raw material, at competitive prices, its business, results of operations and financial condition may be adversely affected. Further, the company generally does not enter into agreements with its suppliers and accordingly may face disruptions in supply from the current suppliers.

Petro Carbon Financials

*All values are in Rs. Cr
No Graph Data To Display

Application Details of Petro Carbon IPO

Apply asPrice bandApply Range
Regular162 - 171₹2 - 5 Lakh
High Networth Individual162 - 171₹2 - 5 Lakh
For Petro Carbon IPO, eligible investors can apply as Regular.