Nilachal Carbo Metalicks IPO
Open SmeCurrent GMP
₹4 (+4.71%)
Price Band
₹ 85 – 85
Lot Size
1600
Issue Size
₹56.1 Cr
Minimum Investment
₹272000 (3200 Shares)
Listing Date
16 September 2025
Subscription
5.12x
About the Company
Incorporated in 2003, Nilachal Carbo Metalicks Limited is engaged in the production of high-quality, low-sulfur metallurgical coke, serving diverse industrial applications.
The company operates a modern manufacturing facility at Chadheidhara, Jajpur, Odisha, equipped with three non-recovery, bee-hive type coke oven batteries, with a combined production capacity of 60,000 metric tons per annum (MTPA). To enhance capacity, the company is in the process of adding a new battery with 36 ovens at its Baramana, Jajpur plant, which will increase its Low Ash Metallurgical (LAM) Coke capacity by 34,400 MTPA, taking the total to 94,400 MTPA (1,12,400 MTPA including leased capacity).
Product Portfolio
- Low Ash Metallurgical (LAM) Coke
- Foundry Grade Coke: Used as a fuel and reducing agent in foundries for melting metals such as iron, ensuring consistent heat and minimal impurities.
- Ferro Alloys Grade LAM Coke (Nut Coke): Characterized by low ash, phosphorus, and reactivity, it is widely used in ferro-alloy production to enhance furnace efficiency and alloy quality.
- Blast Furnace Grade Coke: Designed for iron production in blast furnaces, it offers high carbon content, low ash levels, and excellent durability, supporting efficient combustion and furnace stability.
- Coke Fines
Produced as a byproduct during LAM Coke/Nut Coke manufacturing, these fines are rich in carbon and low in phosphorus. They are used in iron ore pelletization, sintering, and steel melting, with strong demand from nearby steel plants.
As of July 5, 2025, the company employs 65 personnel on its payroll.
Promoters
- Mr. Bibhu Datta Panda
- Kajal Fashionwear Agency Private Limited
Promoters Holding
Holding Pre Issue
99.99%
Holding Post Issue
73.52%
Objects of the Issue
The Company Nilachal Carbo IPO proposes to utilise the Net Proceeds from the Issue towards the following objects.
- Funding Capital expenditure for installing One Coke Oven Plant for expansion of capacity
- Funding modernization of existing plant
- General corporate purposes
Address / Contact Info
Nilachal Carbo Metalicks Ltd.
N/4, 158 IRC Village,
Bhubaneswar 751015
Bhubaneshwar, Odisha, 751015
Phone: 06742551375
Email: secretarial@nilachalcoke.com
Website: https://nilachalcoke.com/
IPO Snapshot
IPO Timeline (Tentative)
IPO Open Date
Monday, 08 September 2025
IPO Close Date
Thursday, 11 September 2025
Basis of Allotment
Friday, 12 September 2025
Initiation of Refunds
Monday, 15 September 2025
Credit of Shares to Demat
Monday, 15 September 2025
Listing Date
Tuesday, 16 September 2025 — NSE & BSE
Important Dates
Open Date
08 September 2025
Close Date
11 September 2025
Basis Of Allotment
12 September 2025
Listing Date
16 September 2025
Financial Performance (₹ in Crores)
| Particular | 31 Mar 2025 | 31 Mar 2024 | 31 Mar 2023 |
|---|---|---|---|
| Assets | 123.34 | 114.49 | 93.22 |
| Revenue | 202.79 | 267.13 | 268.46 |
| Profit After Tax | 14.02 | 15.82 | 14.82 |
| Net Worth | 78.3 | 64.28 | 48.46 |
| Reserve & Surplus | 55.97 | 41.95 | 26.14 |
| Total Borrowings | 23.55 | 26.14 | 18.84 |
EPS Pre
6.28%
EPS Post
5.62%
P/E Pre
13.54
P/E (Post Issue)
15.12x
Company Financial Information
KPI Information (₹ in Crores)
| Particular | KPI as of Mon, Mar 31, 2025. |
|---|---|
| ROE % | 17.9 |
| ROCE % | 22.74 |
| Debt / Equity | 0.3 |
| RoNW % | 17.9 |
| PbW | 0 |
| Pat Margin % | 6.96 |
Return Ratio
IPO Reservations
| Category | Shares Offered | Shares Offered % | Max Allotee |
|---|---|---|---|
| Non-Institutional | 3132800 | 50 | 0 |
| Retail Investors | 3132800 | 50 | 0 |
| Total | 6268800 | 100 | 0 |
Subscription Status ( Thu, 11 Sep 25 01:39 PM)
| Category | Shares Offered | Shares Bid For | Subscription (x) |
|---|---|---|---|
| Qualified Institutions | 0 | 64000 | 0x |
| Non-Institutional | 3132800 | 14619200 | 4.67x |
| Retail Investors | 3132800 | 17392000 | 5.55x |
| Total | 6265600 | 32075200 | 5.12x |
Subscription figures are updated periodically and may change until issue closing. Data reflects bids placed across exchanges.
Peer Comparision
No Peer Comparision Available
Lot Size & Investment Details
| Application | Lots | Shares | Amount (₹) |
|---|---|---|---|
| Retail (Min) | 2 | 3,200 | 272,000.00 |
| Retail (Max) | 2 | 3,200 | 272,000.00 |
| S-HNI (Min) | 3 | 4,800 | 408,000.00 |
Registrar
Kfin Technologies Limited
04067162222, 04079611000
reachus@kfintech.com
https://www.kfintech.com
Book Running Lead Managers
- Sun Capital Advisory Services (P) Ltd
RHP Document
DRHP Document
Disclaimer: This data is for informational purposes only and does not constitute investment advice. Figures shown are illustrative sample data.
Frequently Asked Questions
Everything you need to know before applying to an IPO.
Nilachal Carbo Metalicks IPO is a Fixed price IPO worth ₹56.1 crores. The price band is ₹85 to 85 per share. The IPO opens on Mon, Sep 8, 2025 and closes on Thu, Sep 11, 2025. It will be listed on BSE and NSE. Kfin Technologies Limited is the registrar.
The Nilachal Carbo Metalicks IPO opens on Mon, Sep 8, 2025 and closes on Thu, Sep 11, 2025
Nilachal Carbo Metalicks IPO Price Band is ₹85 to 85.
Nilachal Carbo Metalicks IPO lot size is 1600, and the minimum amount required for application is ₹272000.
The minimum investment for Nilachal Carbo Metalicks IPO is approximately ₹272000 based on the upper price band.
To apply for the Nilachal Carbo Metalicks IPO, investors can use the ASBA (Application Supported by Blocked Amount) process via their bank's net banking or apply through UPI using a registered broker or trading app. The IPO is available in retail, HNI, and institutional investor categories. Investors must select the lot size, enter bid details within the price band, and submit their application before the IPO closing date of Thu, Sep 11, 2025. After submission, funds are blocked until the basis of allotment of Nilachal Carbo Metalicks IPO is finalised.
Nilachal Carbo Metalicks IPO issue size is ₹56.1 crores.
Nilachal Carbo Metalicks IPO allotment date is Sat, Jun 27, 2026.
The registrar for Nilachal Carbo Metalicks IPO is Kfin Technologies Limited. Investors can go to Kfin Technologies Limited website for IPO allotment status, refund processing, and other queries related to Nilachal Carbo Metalicks IPO through their official website or helpline.
The Nilachal Carbo Metalicks IPO GMP (Grey Market Premium) is ₹1 as of Fri, Sep 12, 2025. Based on the upper price band of ₹85 per share, the estimated Nilachal Carbo Metalicks IPO listing price is ₹86, indicating a potential listing gain of approximately 31% over the issue price.