Nilachal Carbo Metalicks IPO
GMP, Subscription, Price, Dates & Financial Details
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,…
Open Date
Mon, 08 Sep 2025
Close Date
Thu, 11 Sep 2025
Issue Price
₹ 85
Lot Size
1600
Issue Size
₹ 56.10 Cr
Minimum Investment
₹ 272,000 (3200 Shares)
Grey Market Premium Analysis
Day Wise GMP→Unofficial premium quoted in the grey market, tracked daily against the price band cap.
Grey market trading is unregulated. GMP figures are indicative only and should not be the sole basis for investment decisions - treat as a sentiment indicator, not a guarantee.
IPO Details
Nilachal Carbo Metalicks IPO has successfully completed its IPO process and is now listed on BSE SME Platform. According to the Red Herring Prospectus (RHP), the IPO was a fixed price issue with a total issue size of ₹56.10 Crore, comprising a fresh issue of 22.69 Lakh equity shares aggregating to ₹19.28 Crore and an offer for sale (OFS) of 40.00 Lakh equity shares aggregating to ₹34.00 Crore by the existing shareholders.
The Nilachal Carbo Metalicks IPO remained open for subscription from September 08, 2025, to September 11, 2025. The basis of allotment was finalized on September 12, 2025, and the company's shares were listed on BSE SME Platform on September 16, 2025.
The company had fixed the price at ₹85 per share, with a lot size of 1600 shares. Retail investors were required to make a minimum investment of ₹272,000 (based on the upper price band) to apply for one lot.
KFin Technologies Limited served as the registrar to the issue. Sun Capital Advisory Services (P) Ltd acted as the Book Running Lead Managers (BRLMs) to the issue.
With the successful completion of the IPO process, Nilachal Carbo Metalicks Limited is now a publicly listed company on BSE SME Platform. Investors can track the company's share price, trading performance, financial results, and corporate announcements through the stock exchanges.
Nilachal Carbo Metalicks IPO Timeline (Tentative)
- IPO Open Date
- Mon, 08 Sep 25
- IPO Close Date
- Thu, 11 Sep 25
- Basis of Allotment
- Fri, 12 Sep 25
- Initiation of Refunds
- Mon, 15 Sep 25
- Credit of Shares to Demat
- Mon, 15 Sep 25
- Listing Date
- Tue, 16 Sep 25 — NSE & BSE
Open Date
08 September 2025
Close Date
11 September 2025
Basis Of Allotment
12 September 2025
Listing Date
16 September 2025
IPO Subscription
Check Live Subscription →The Nilachal Carbo Metalicks IPO has received bids for 3,20,75,200 shares against 62,65,600 shares offered, resulting in an overall subscription of 5.12x. the NII category is subscribed 4.67x, Retail Investors 5.55x, and QIBs 0x.
QIB
0x
NII
4.67x
RII
5.55x
Total
5.12x
IPO Reservations
The Retail Individual Investor (RII) category has the highest allocation with 31,32,800 shares, representing 50% of the total issue. Qualified Institutional Buyers (QIBs) are allocated 0 shares (%), while Non-Institutional Investors (NIIs) receive 31,32,800 shares (50%).
| Category | Shares Offered | Shares Offered % |
|---|---|---|
| Non-Institutional | 3,132,800 | 50% |
| Retail Investors | 3,132,800 | 50% |
| Total | 6,268,800 | 100% |
Financials Details(₹ 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 |
Financials Performance
Performance Indicators
EPS Pre
Earnings per share before the IPO.
P/E Pre
IPO Offer Price ÷ EPS Pre.
EPS Post
Expected earnings per share after the IPO..
P/E (Post Issue)
IPO Offer Price ÷ EPS Post.
Nilachal Carbo Metalicks Limited KPI Information
| Particular | KPI as of Mon, Mar 31, 2025. |
|---|---|
| ROE % | 17.9 |
| ROCE % | 22.74 |
| Debt / Equity | 0.3 |
| RoNW % | 17.9 |
| Pat Margin % | 6.96 |
Peers Comparison
No Peer Comparision Available
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
- Mr. Bibhu Datta Panda
- 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.
- Funding Capital expenditure for installing One Coke Oven Plant for expansion of capacity
- Funding modernization of existing plant
- General corporate purposes
Nilachal Carbo Metalicks Limited Address / Contact Details
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
Nilachal Carbo Metalicks IPO Lot Size
The Nilachal Carbo Metalicks IPO has a lot size of 1,600 shares. Retail investors require a minimum investment of ₹2,72,000 by applying for 2 lot (3,200 shares). The maximum application allowed for the retail category is 2 lots (3,200 shares), requiring an investment of ₹2,72,000.
| 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 |
Issue Reservation
- NII — 50%
- RII — 50%
Book Running Lead Managers
- Sun Capital Advisory Services (P) Ltd
IPO Documents & Links
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Disclaimer: This data is for informational purposes only and does not constitute investment advice.
Frequently Asked Questions
Everything you need to know before applying to an IPO.
What is the Nilachal Carbo Metalicks 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.
When will the Nilachal Carbo Metalicks IPO open for subscription?
The Nilachal Carbo Metalicks IPO opens on Mon, Sep 8, 2025 and closes on Thu, Sep 11, 2025
What is Nilachal Carbo Metalicks IPO Price Band?
Nilachal Carbo Metalicks IPO Price Band is ₹85 to 85 per share.
What is Nilachal Carbo Metalicks IPO Lot Size?
Nilachal Carbo Metalicks IPO lot size is 1600 shares, Retail investors need a minimum investment of ₹272000 based on the upper price band
What is the minimum investment for Nilachal Carbo Metalicks IPO?
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.
How to apply for Nilachal Carbo Metalicks IPO?
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.
What is Nilachal Carbo Metalicks IPO Issue Size?
Nilachal Carbo Metalicks IPO issue size is ₹56.1 crores.
What is the Nilachal Carbo Metalicks IPO Allotment Date?
Nilachal Carbo Metalicks IPO allotment date is Fri, Sep 12, 2025.
Who is the Nilachal Carbo Metalicks IPO Registrar?
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.
What is the Nilachal Carbo Metalicks IPO GMP?
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 1.18% over the issue price.
Who is the Nilachal Carbo Metalicks IPO Lead Manager?
The book-running lead managers (BRLMs) for the Nilachal Carbo Metalicks IPO are Sun Capital Advisory Services (P) Ltd. The lead managers are responsible for managing the IPO process, including issue structuring, regulatory compliance, marketing the public issue, coordinating with investors, and ensuring a smooth listing process. For complete details, investors should refer to the Nilachal Carbo Metalicks IPO Red Herring Prospectus (RHP).