IPO Price Range: ₹162 - 171
Min Investment
₹1,36,800
IPO Size
₹113 Cr
IPO Status
Quantity in 1 Lot
800
Max Bid allowed
1
Listing Exchange
NSE
Bid Opening Date | 25 Jun 2024 |
Bid Closing Date | 27 Jun 2024 |
Allotment Date | 28 Jun 2024 |
Issue Size | ₹113.16Cr |
Quantity in 1 lot | 800 |
Well positioned to capture the growth potential of the Indian carbon industry.
Track record of growth and efficient operations.
Strategic location of its plant provides it with competitive advantages.
Strong track record of financial performance.
Experienced senior management and large pools of skilled manpower.
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 companys 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.
The company is subject to strict technical specifications and quality requirements provided by its customers and failure to comply with the technical specifications and quality standards prescribed by such customers may lead to loss of business from such customers and could negatively impact its reputation, which would have an adverse impact on the companys business prospects and results of operation.
Any reduction in the demand of its products could lead to underutilisation of the companys manufacturing capacity. Its may also face surplus production of a particular product due to various reasons including inaccurate forecasting of customer requirements, which could adversely affect its business, results of operations, financial conditions and cash flows.
Prices and sales volumes for its CPC are dependent on the aluminium industry, and any decrease in such demand or prices could adversely affect the company revenues and results of operations.
The restated financial statements have been provided by peer reviewed chartered accountants who is not statutory auditor of the Company.
The company depends on certain key suppliers for its raw materials and other components required for the companys manufacturing process which could result in delays and adversely affect its output.
The company depends on key equipment and machinery, and the non-availability of such equipment at reasonable cost may adversely affect its operations and financial results.
Investors | Holdings % |
Kishor Kumar Atha | 20% |
Dilip Kumar Atha | 17.44% |
Gaurav Atha | 15% |
Vishal Atha | 32.56% |
Bharat Atha | 15% |
Organisation | Petro Carbon & Chemicals Ltd |
Headquarters | Kolkata |
Industry | Chemicals |