Orion Industries logo

Nilachal Carbo Metalicks IPO Details

08 September - 11 September 2025 Closed
SME BSE

The Nilachal Carbo Metalicks IPO is a fixed price issue with a total issue size of ₹56.1 cr, comprising of fresh issue of 2268800 equity shares., and a offer for sale of 4000000 equity shares. Nilachal Carbo Metalicks IPO opened for subscription on Sep 08, 2025 and closed on Sep 11, 2025. Nilachal Carbo Metalicks IPO has set the price at ₹85 per share, with a lot size of 1600 shares. Minimum investment for Retail investors was ₹272,000.00 (at the upper price band) to apply for one lot.

The basis of allotment got finalized on Sep 12, 2025, and listed on both the NSE and BSE on Sep 16, 2025.

Kfin Technologies Limited has been appointed as the registrar. Sun Capital Advisory Services (P) Ltd are the Book Running Lead Manager for the issue.

Before investing in the Nilachal Carbo Metalicks IPO, investors should review the company's financial performance, business objectives, and risk factors mentioned in the offer documents and apply before the subscription window closes.

Price Band
₹ 85 – 85
Lot Size
1600
Issue Size
₹56.1 Cr
Minimum Investment
₹272000 (3200 Shares)
Listing Date
16 September 2025

Current GMP

₹4 (+4.71%)

Open Date 08 September, 2025
Close Date 11 September, 2025
Market Cap -
Industry
Sector
Subscription 5.12x

*Info is indicative. Not an Investment Advice. Grey market trading is unregulated.

About Nilachal Carbo Metalicks Limited

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.

Nilachal Carbo Metalicks IPO Promoters

  1. Mr. Bibhu Datta Panda 
  2. Kajal Fashionwear Agency Private Limited 
Promoters Holding

Holding Pre Issue

99.99%

Holding Post Issue

73.52%

Nilachal Carbo Metalicks IPO Objective

The Company Nilachal Carbo IPO proposes to utilise the Net Proceeds from the Issue towards the following objects.

  1. Funding Capital expenditure for installing One Coke Oven Plant for expansion of capacity 
  2. Funding modernization of existing plant 
  3. 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

Face Value₹10 per share
Price Band₹ 85 – 85
Lot Size1600
Issue TypeFixed price IPO
Sale TypeFresh Capital & Offer For Sale
Fresh Issue₹ 19.28 Cr
Offer for Sale₹ 34.00 Cr
Total Issue Size₹ 56.10 Cr
Listing AtBSE
Industry
Sector
Retail Quota50%

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 with a total issue size of ₹56.1 crore. The Nilachal Carbo Metalicks IPO price band is ₹85 to 85 per share. The Nilachal Carbo Metalicks IPO subscription opens on Mon, Sep 8, 2025, and closes on Thu, Sep 11, 2025. The Nilachal Carbo Metalicks IPO will be listed on the BSE. Kfin Technologies Limited is the registrar for the Nilachal Carbo Metalicks IPO.

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 per share.

Nilachal Carbo Metalicks IPO lot size is 1600 shares, Retail investors need a minimum investment of ₹272000 based on the upper price band

The minimum investment for Nilachal Carbo Metalicks IPO is ₹272000, based on one lot of 1600 shares at the upper price band of ₹85 per share.

Investors can apply for the Nilachal Carbo Metalicks IPO through the ASBA (Application Supported by Blocked Amount) facility offered by their bank or through UPI using a SEBI-registered broker or trading app. Select the desired lot size, enter your bid within the price band, and submit the application before Thu, Sep 11, 2025. The application amount remains blocked until the Nilachal Carbo Metalicks IPO allotment is finalized.

Nilachal Carbo Metalicks IPO issue size is ₹56.1 crores.

Nilachal Carbo Metalicks IPO allotment date is Wed, Jul 1, 2026.

The registrar for Nilachal Carbo Metalicks IPO is Kfin Technologies Limited. Investors can go to Kfin Technologies Limited website to check Nilachal Carbo Metalicks IPO allotment status, refund processing, and other IPO-related information.

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 0% over the issue price.