Nilachal Carbo IPO subscribed 5.06 times on the last day. The retail quota was subscribed over 5.55 times, NII was subscribed over 4.56 times, and QIB was subscribed over 0 times, respectively.
Details About Nilachal Carbo IPO
Nilachal Carbo got approval from SEBI for an IPO of around ₹56.10 crores. Nilachal Carbo IPO is a fresh issue of ₹22.10 crores with a face value of ₹10 each. Further, Nilachal Carbo had a set price band between ₹85 per share.
In the Nilachal Carbo IPO, 3,200 shares were available in two lot sizes for the retail minimum and maximum categories. Moreover, 4,800 shares were in 3 lot sizes for the S-HNI Minimum category.
To invest in the Nilachal Carbo IPO, each investor category has specific investment amounts:
- Retail Investors: Minimum and maximum investment of ₹2,72,000.
- SHNI (S-HNI): Minimum investment of ₹4,08,000.
Nilachal Carbo IPO’s Subscription Duration
Nilachal Carbo IPO was started for subscription on September 8, 2025, and closed on September 11, 2025. The Nilachal Carbo IPO’s allotment date was September 12, 2025, and they received a refund on September 15, 2025. In contrast, Nilachal Carbo’s listing date is scheduled for September 16, 2025.
Nilachal Carbo IPO funds deployment
The proceeds raised from the fresh issue will be utilized for installing a One Coke Oven Plant for the expansion of capacity. Some funds will be used towards the modernization of the existing plant. Lastly, the remaining funds will be used for the company’s general corporate purposes.
About Nilachal Carbo Company
Incorporated in 2003, Nilachal Carbo Metalicks Limited is a prominent company engaged in producing high-quality, low-sulfur metallurgical coke. Its product portfolio comprises nut coke, blast furnace coke, foundry coke, and low-phosphorus coke fines, which are used in different industrial applications.
The company has 67 employees as of October 31, 2024. Nilachal Carbo Metalicks Limited runs a modern facility in Chadheidhara, Jajpur, Odisha, a beehive-type coke oven battery, and a production capacity of 60,000 MTPA. To increase its LAM Coke capacity by 34,400 MTPA to a total of 94,400 MTPA (or 1,12,400 MTPA including leased capacity), the company is planning to add 36 ovens at its Baramana, Jajpur plant.
Financial Report of the Nilachal Carbo Company
The company reported revenue of ₹202.79 crores in 2025 against ₹267.13 crores in 2024. The company reported a profit of ₹14.02 crores in 2025 against a profit of ₹15.82 crores in 2024.
