Petro Carbon and Chemicals Limited

Company Profile
Company Name Petro Carbon and Chemicals Limited
Open Date 25-06-2024
Close Date 27-06-2024
Exchange NSE SME
Lot Size 800 Shares
Issue Price ₹162 to ₹171 per share
Issue Size 66,17,600 shares
Application Amount ₹ 1,36,800
Recommendation Avoid
Incorporated in 2007, Petro Carbon and Chemicals Limited is an ATHA Group Company and has its registered office in West Bengal. Company engaged in the business of manufacturing and marketing of Calcined Petroleum Coke (“CPC”) in the carbon industry. The company's production facility is 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. The company employs around 73 people and 290 contract laborers on its payroll at various levels in the areas of production, maintenance, marketing, sales, administration and corporate services.
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Financial Summary in Lakhs

KPI’s 2022 2023 Dec-23
Revenue 27,696.83 51,550.67 44,570.06
EBITDA 1,331.21 2,415.84 10,658.10
Net Profit 570.99 672.20 7,031.16
RoCE 10.71% 17.39% 66.03%
ROE 7.54% 8.24% 46.88%
P/E 59.76 13.55 36.38

Tentative Timeline

Opening Date 25-06-2024
Closing Date 27-06-2024
Basis of Allotment 28-06-2024
Initiation of Refunds 01-07-2024
Credit of Shares to Demat 01-07-2024
Listing Date 02-07-2024

Objects of the Issue

Achieve the benefits of listing the Equity Shares on the Stock Exchanges.
Carry out the Offer for Sale of up to Equity Shares by the Selling Shareholders.

Contact Information

Registered Office Petro Carbon and Chemicals Limited Avani Signature, 6th Floor, 91A/1, Park Street, Kolkata - 700016
Phone 033-40118400

Registrar Details

Name Bigshare Services Pvt Ltd
Phone +91-22-6263 8200

IPO Reservation

Anchor Investor Shares Offered 1,855,200 (28.03%)
Market Maker Shares Offered 430,400 (6.50%)
QIB Shares Offered 1,236,800 (18.69%)
NII (HNI) Shares Offered 928,800 (14.04%)
Retail Shares Offered 2,166,400 (32.74%)

Shareholding Pattern

Share Holding Pre Issue (Promoters) 100.00%
Share Holding Post Issue (Promoters) 73.21%

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