Nilachal Carbo Metalicks Ltd IPO
Open Demat Account
Nilachal Carbo Metalicks Ltd IPO Details
Details
Total Shares Offered | Offer to Public | Retail Max (Shares) | Pre Issue Promoters Holding | Exchange | Issue size |
---|---|---|---|---|---|
₹ 66 L | ₹ 40 L | TBA | ₹ 223.27 L | BSE | ₹ 56.1 Cr |
IPO Open Date | Close Date | Lot Size | Min Investment | Issue Type | Listing Date |
08 Sep, 25 | 10 Sep, 25 | 3200 | ₹ 2,72,000 | Fixed Price - SME | 15 Sep, 25 |
Nilachal Carbo Metalicks Ltd IPO Dates
Details
Sector | Type |
---|---|
Sector | Mining |
Sub Sector | Minerals |
Issue Type | Fixed Price - SME |
Subscription Status
*Values are in Lakhs
Investor Type | Subscription Times | Shares Offered* | Shares Bid* |
---|---|---|---|
QIB | 0x | 0 | 0 |
NII | 0x | 0 | 0 |
Retail | 0x | 0 | 0 |
Employee | 0x | 0 | 0 |
Total | 0x | 6600000 | 0 |
Subscription Status
Investor Type
QIB
NII
Retail
Employee
Total
*Values are in Lakhs
Nilachal Carbo Metalicks Ltd Financial Status
Income Statement
Balance Sheet
About Nilachal Carbo Metalicks Ltd
Our Company was originally incorporated as Company Limited by Shares under the name Nilachal Carbo Metalicks Private Limited under the provisions of the Companies Act, 1956 and the Certificate of Incorporation was issued by Registrar of Companies, Cuttack, on February 13, 2003, vide certificate of incorporation bearing CIN U23101OR2003PTC007061. Pursuant to a special resolution passed by our Shareholders in the Extra-Ordinary General Meeting held on November 30, 2023, our Company was converted from a private limited company to public limited company and consequently, the name of our Company was changed to Nilachal Carbo Metalicks Limited and a fresh certificate of incorporation dated February 07, 2024 was issued to our Company by the Registrar of Companies, Cuttack, The Corporate Identity Number of our Company is U23101OR2003PLC007061.
India has witnessed the highest ever coal production in the FY 2024 which was about 997.25 MT vs. 893.19 MT in FY 2023, a growth of about 11.65%. Most of coal requirement of the country is met through indigenous production / supply. The focus of the Government is on increasing the domestic production of coal and to eliminate non-essential import of coal in the country.
Our Company was incorporated in 2003 and engaged in manufacturing of Low Ash Metallurgical (LAM) Coke and selling to most of the top ferro chrome manufacturers in the country. Our owned Plant is located at Baramana, Jajpur, Odisha has capacity of 60,000 Metric Tonnes Per Annum (MTPA). Our second Plant on leased basis at Visakhapatnam, has capacity of 18,000 MTPA. Now, we are proposing an expansion of additional capacity of 34,400 MTPA at our owned existing vacant land available at our owned Plant.
Peer Comparison:
- Nilachal Carbo Metallicks limited
Nilachal Carbo Metalicks Ltd IPO Key Points
Strengths
- Strategic Location of Manufacturing Facilities.
- Experienced Promoter and Management Team.
- Excellence in Producing High-Quality LAM Coke.
- Established customer base for Products and by product.
- Own Fleet for Just-In-Time (JIT) delivery.
Risk
- If the supply chain of raw materials is disrupted due to price volatility or changes in government regulations, it could significantly impact our business operations, potentially affecting our ability to meet customer demands and leading to adverse financial consequences for the company.
- Our business is inherently working capital-intensive. Should we encounter insufficient cash flows from our operations or face challenges in securing borrowing to meet our working capital needs, it could materially and adversely impact our business operations and financial results.
- Our business is dependent on our manufacturing units and we are subject to certain risks in our manufacturing process. Any slowdown or shutdown in our manufacturing operations or underutilization of our manufacturing units could have an adverse effect on our business, results of operations and financial condition.
Strategy
- Enhancing the Current Production Facility.
- Continue Improvement in Operational Efficiency.
- Sales and Marketing Strategy.
- Fixed Operating Cost.
- Sustainability Initiatives.
- Strategic Location of Manufacturing Facilities.
- Experienced Promoter and Management Team.
- Excellence in Producing High-Quality LAM Coke.
- Established customer base for Products and by product.
- Own Fleet for Just-In-Time (JIT) delivery.
How To Apply for Nilachal Carbo Metalicks Ltd IPO Online?
Step 1:
Log in to the BlinkX stock market app and click ‘IPO’ in the Xplore section.
Step 2:
From the list of open IPOs, select the IPO you want to invest.
Step 3:
Go through the IPO details like lot size, price band, about the company, etc.
Step 4:
Click ‘Apply IPO’ to apply and enter the number of lots and bidding price along with your UPI ID.
Step 5:
Confirm your bid and accept the payment mandate sent to your UPI App for completing the IPO application.