Petro Carbon and Chemicals Limited (NSE SME)

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Petro Carbon and Chemicals Limited (NSE SME)

June 25, 2024 – June 27, 2024

Price ₹162 - ₹171
Premium ₹90
Lot size 800
Allotment Jun 28, 2024
Listing Jul 2, 2024

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Last updated on 27-Jun-2024 17:01:03

CategoryOfferedAppliedTimes
QIB123680011686960094.49
NIB928800121093600130.38
RETAIL216640016105120074.34
Total433200039901440092.11
Retail Apps201314© IPO Premium
HNI Interest Cost Per Share (7 Days)
@7%
₹29.93
@8%
₹34.21
@9%
₹38.48
@10%
₹42.76
@11%
₹47.03
@12%
₹51.31

About

Category Lot(s) Qty Amount Reserved
Retail 1 800 136800 2708
HNI 2 1600 273600 1161
Petro Carbon IPO Reservation
Investor CategoryShares OfferedNo. of Shares
Retail32.74%2166400
NII (HNI)14.04%928800
Anchor28.03%1855200
QIB18.69%1236800
Market Maker6.50%430400
Total 100.00%6617600
Petro Carbon and Chemicals IPO Details
Total Issue Size6,617,600 shares
(aggregating up to ₹113.16 Cr)
Offer for Sale6,617,600 shares of ₹10
(aggregating up to ₹113.16 Cr)
Issue TypeBook Built Issue IPO
Listing AtNSE SME
Share holding pre issue24,700,000
Market Maker portion

430,400 shares

Giriraj Stock Broking

Key Performance Indicators
KPIDec-23Mar-23Mar-22
ROCE60.36%10.88%10.09%
RONW66.00%17.91%18.54%
D/E0.542.152.56
EPS
(Diluted)
27.542.592.20
Financial Statement(Restated)
 Period Ended  Dec-23  Mar-23  Mar-22  Mar-21 
 Assets  27,432.35  26,379.12  27,703.56  15,992.29 
 Revenue  44,711.11  51,760.99  27,990.70  15,528.68 
 Profit After Tax  7,031.16  672.65  570.99  11.64 
 Net Worth  10,653.34  3,752.81  3,080.17  2,509.17 
 Reserves and Surplus  12,528.21  5,561.06  4,973.20  4,489.97 
 Total Borrowing  8,063.02  17,582.78  19,418.00  8,182.43 
 Amount in Lakhs   
About  Company

Petro Carbon and Chemicals Limited, a part of the ATHA Group and established in 2007, specializes in producing calcined petroleum coke (CPC) from raw petroleum coke (RPC) for applications in the aluminum, steel, and other carbon-based industries. The company's production facility, located in Purba Medinipur, West Bengal, spans approximately 30 acres and has an annual production capacity of around 93,744 tons of CPC. Employing around 74 staff members across production, maintenance, marketing, sales, administration, and corporate services, the company also relies on approximately 290 contract workers to support its operations.

Strength Factors

Growth Potential: Positioned to capitalize on the expanding Indian carbon industry, Petro Carbon and Chemicals Limited is well-placed for future growth.

Proven Track Record: The Company has a history of growth and efficient operations, demonstrating its ability to scale and optimize production.

Strategic Location: The plant's strategic location in Purba Medinipur, West Bengal, provides competitive advantages in logistics and supply chain management.

Risk Factors

No Benefit from Offer for Sale: The Company will not receive any proceeds from the Offer for Sale, as all funds will go to the Promoter Selling Shareholders.

Revenue Concentration: With a substantial portion of revenues coming from the aluminum and steel industries and reliance on a single product, CPC, any downturn in these markets could adversely impact the company.

Supplier Dependence: Reliance on key suppliers for raw materials could lead to delays and disruptions in the manufacturing process, negatively affecting output and overall operations.

Strength

Weakness

Address

Petro Carbon and Chemicals Limited

Avani Signature, 6th Floor,

91A/1, Park Street,

Kolkata - 700016

Phone: 033-40118400

Email: pccl@athagroup.in

Website: http://www.pccl.in/

Registrar

Bigshare Services Pvt Ltd
Address: Bigshare Services Pvt Ltd 1st Floor, Bharat Tin Works Building, Opp. Vasant Oasis,Makwana Road, Marol, Andheri(E), Mumbai - 400 059