Petro Carbon & Chemicals Ltd

Petro Carbon IPO

Petro Carbon & Chemicals Ltd

₹1,29,600 /800 sharesMinimum investment

IPO details

Minimum investment
₹1,29,600
Price range
₹162 - ₹171
Lot size
800
Issue size
113.16 Cr
Face value
10
IPO document

Subscription rate

Data will be available soon

Schedule

25 Jun 2024
IPO open date
27 Jun 2024
IPO close date
28 Jun 2024
Allotment date
28 Jun 2024
Funds unblock or debit
2 Jul 2024
Tentative listing date

About

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

Petro Carbon Financials

Revenue
Total Assets
Profit
All values are in ₹ Cr
182152277202020212022

Strengths & Risks

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.

Application details

For Petro Carbon IPO, eligible investors can apply as Regular.

Apply asPrice bandApply rangeLot size
Regular₹162 - ₹171₹2 - ₹5 Lakhs800
High Networth Individual₹162 - ₹171₹2 - ₹5 Lakhs800

Frequently Asked Questions