Fixed Price IPO | ₹56 Cr | Listed at BSE SME | Mon, Sep 8, 2025 - Thu, Sep 11, 2025
Nilachal Carbo Metalicks IPO is a fixed price issue of ₹56.10 crores. The issue is a combination of fresh issue of 0.26 crore shares aggregating to ₹22.10 crores and offer for sale of 0.40 crore shares aggregating to ₹34.00 crores.
Nilachal Carbo Metalicks IPO bidding started from Sep 8, 2025 and ended on Sep 11, 2025. The allotment for Nilachal Carbo Metalicks IPO was finalized on Sep 12, 2025. The shares got listed on BSE SME on Sep 16, 2025.
Nilachal Carbo Metalicks IPO price is ₹85 per share. The lot size for an application is 1,600. The minimum amount of investment required by an individual investor (retail) is ₹2,72,000 (3,200 shares) (based on upper price). The minimum lot size for investment in HNI is 3 lots (4,800 shares), amounting to ₹4,08,000.
Sun Capital Advisory Services Pvt.Ltd. is the book running lead manager and Kfin Technologies Ltd. is the registrar of the issue. The Market Maker of the company is NNM Securities Pvt.Ltd..
Refer to Nilachal Carbo Metalicks IPO DRHP for detailed Information.
IPO Open
Mon, Sep 8, 2025
IPO Close
Thu, Sep 11, 2025
Issue Price
₹85 per share
Market Cap (Pre-IPO)
₹211.88 Cr
| IPO Date | 8 to 11 Sep, 2025 |
| Listed on | Tue, Sep 16, 2025 |
| Face Value | ₹10 per share |
| Issue Price | ₹85 per share |
| Lot Size | 1,600 Shares |
| Sale Type | Fresh capital cum OFS |
| Issue Type | Fixed Price IPO |
| Listing At | BSE SME |
| Total Issue Size | 66,00,000 shares (agg. up to ₹56 Cr) |
| Reserved for Market Maker | 3,31,200 shares NNM Securities Pvt.Ltd. (agg. up to ₹3 Cr) |
| Fresh Issue (Ex Market Maker) | 22,68,800 shares (agg. up to ₹19 Cr) |
| Offer for Sale | 40,00,000 shares of ₹10 (agg. up to ₹34 Cr) |
| Net Offered to Public | 62,68,800 shares (agg. up to ₹53 Cr) |
| Share Holding Pre Issue | 2,23,27,000 shares |
| Share Holding Post Issue | 2,49,27,000 shares |
| BSE Script Code | 544510 |
| ISIN | INE346R01013 |
Nilachal Carbo Metalicks IPO comprises a total issue size of 66,00,000 shares. The net offer to the public is 62,68,800 shares, after excluding 3,31,200 shares allotted on a firm basis. Of the Net offer 31,32,800 (49.97%) allocated to NII 31,36,000 (50.03%) allocated to RII.
| Investor Category | Shares Offered | % of Net Issue | % of Total Issue |
|---|---|---|---|
| NII (HNI) Shares Offered | 31,32,800 | 49.97% | 47.47% |
| Retail Shares Offered | 31,36,000 | 50.03% | 47.52% |
| Firm Reservations | |||
| Market Maker Shares Offered | 3,31,200 | 5.02% | |
| Total Shares Offered | 66,00,000 | 100.00% | 100.00% |
Investors can bid for a minimum of 3,200 shares and in multiples of 1,600 shares thereof.
| Application | Lots | Shares | Amount |
|---|---|---|---|
| Individual investors (Retail) (Min) | 2 | 3,200 | ₹2,72,000 |
| Individual investors (Retail) (Max) | 2 | 3,200 | ₹2,72,000 |
| HNI (Min) | 3 | 4,800 | ₹4,08,000 |
Incorporated in 2003, Nilachal Carbo Metalicks Limited is engaged in the production of high-quality, low-sulfur metallurgical coke.
Their product range includes nut coke, blast furnace coke, foundry coke, and low-phosphorus coke fines, catering to various industrial applications.
The company operates a state-of-the-art facility in Chadheidhara, Jajpur, Odisha, equipped with three non-recovery, bee-hive type coke oven batteries, boasting a production capacity of 60,000 metric tons per annum (MTPA).
The company plans to add a battery with 36 ovens at its Baramana, Jajpur plant, increasing its LAM Coke capacity by 34,400 MTPA, reaching 94,400 MTPA (1,12,400 MTPA including leased capacity).
Products Portfolio:
As of July 5, 2025, the company has 65 employees on the payroll.
Competitve Strengths:
Nilachal Carbo Metalicks Ltd.'s revenue decreased by 24% and profit after tax (PAT) dropped by 11% between the financial year ending with March 31, 2025 and March 31, 2024.
| Period Ended | 31 Mar 2025 | 31 Mar 2024 | 31 Mar 2023 |
|---|---|---|---|
| Assets | 123.34 | 114.49 | 93.22 |
| Total Income | 202.79 | 267.13 | 268.46 |
| Profit After Tax | 14.02 | 15.82 | 14.82 |
| EBITDA | 27.13 | 22.32 | 24.98 |
| NET Worth | 78.30 | 64.28 | 48.46 |
| Reserves and Surplus | 55.97 | 41.95 | 26.14 |
| Total Borrowing | 23.55 | 26.14 | 18.84 |
| Amount in ₹ Crore | |||
The Company proposes to utilise the Net Proceeds from the Issue towards the following objects:
| # | Issue Objects | Est Amt (₹ Cr.) |
|---|---|---|
| 1 | Funding Capital expenditure for installing One Coke Oven Plant for expansion of capacity. | 13.46 |
| 2 | Funding modernization of existing plant | 3.03 |
| 3 | General corporate purposes | 2.67 |
| KPI | Mar 31, 2025 |
|---|---|
| ROE | 17.90% |
| ROCE | 22.74% |
| Debt/Equity | 0.30 |
| RoNW | 17.90% |
| PAT Margin | 6.96% |
| EBITDA Margin | 13.46% |
| Pre IPO | Post IPO | |
|---|---|---|
| EPS (₹) | 6.28 | 5.62 |
| P/E (x) | 13.54 | 15.12 |
| Promoter Holding | 99.99% | 73.52% |
| Market Cap | ₹211.88 Cr. |
The Nilachal Carbo Metalicks IPO is subscribed 5.06 times on September 11, 2025 5:04:52 PM (Day 4). The public issue subscribed 5.55 times in the individual investors category, [.] times in the QIB category, and 4.56 times in the NII category. Check Day by Day Subscription Details (Live Status)
| Category | Subscription (times) | Shares Offered | Shares bid for | Total Application |
|---|---|---|---|---|
| NII* | 4.56 | 31,32,800 | 1,42,88,000 | 0 |
| Individual Investors | 5.55 | 31,36,000 | 1,73,92,000 | 0 |
| Total | 5.06 | 62,68,800 | 3,17,44,000 | 7,230 |
Total Application : 7,230
*Market Maker portion is not included to NII/HNI.
| # | Issue Expenses | Est Amt (₹ Cr.) |
|---|---|---|
| 1 | Fees payable to LM including underwriting commission | 0.67 |
| 2 | Advertising and marketing expenses | 0.20 |
| 3 | Fees to the Registrar to the Offer | 0.01 |
| 4 | Fees Payable to Legal Advisors | 0.08 |
| 5 | Fees payable to the regulators including stock exchange(s) | 0.05 |
| 6 | Printing and distribution of Offer stationary | 0.01 |
| 7 | Commission/processing fee for SCSBs, Sponsor Banks and Banker to the Offer, Brokerage, commission and selling commission, Registered Brokers, RTAs and DPs | 0.04 |
| 8 | Others (expenses and fees payable for marketing & distribution, Market Making, Underwriting, Peer Reviewed Auditor, out of pocket and miscellaneous expenses etc.) | 6.40 |
| Price Details | BSE SME |
|---|---|
| Final Issue Price | ₹85.00 |
| Open | ₹68.00 |
| Low | ₹64.60 |
| High | ₹71.40 |
| Last Trade | ₹71.40 |
Lead Manager Reports
Nilachal Carbo Metalicks IPO is a SME IPO of 66,00,000 equity shares of the face value of ₹10 aggregating up to ₹56 Crores. The issue is priced at ₹85 per share. The minimum order quantity is 1600.
The IPO opens on Mon, Sep 8, 2025, and closes on Thu, Sep 11, 2025.
Kfin Technologies Ltd. is the registrar for the IPO. The shares are proposed to be listed on BSE SME.
Zerodha customers can apply online in Nilachal Carbo Metalicks IPO using UPI as a payment gateway. Zerodha customers can apply in Nilachal Carbo Metalicks IPO by login into Zerodha Console (back office) and submitting an IPO application form.
Steps to apply in Nilachal Carbo Metalicks IPO through Zerodha
Visit Zerodha IPO Application Process Review for more detail.
The Nilachal Carbo Metalicks IPO opens on Mon, Sep 8, 2025 and closes on Thu, Sep 11, 2025.
Nilachal Carbo Metalicks IPO lot size is 1600, and the minimum amount required for application is ₹2,72,000, with 2 lots being the minimum application size.
You can apply in Nilachal Carbo Metalicks IPO online using either UPI or ASBA as a payment method. ASBA IPO application is available in the net banking of your bank account. UPI IPO Application is offered by brokers who don't offer banking services. Read more detail about applying IPO online through Zerodha, Upstox, 5Paisa, Nuvama, HDFC Bank, and SBI Bank.
The finalization of Basis of Allotment for Nilachal Carbo Metalicks IPO will be done on Friday, September 12, 2025, and the allotted shares will be credited to your demat account by Mon, Sep 15, 2025. Check the Nilachal Carbo Metalicks IPO allotment status.
The Nilachal Carbo Metalicks IPO listing date is on Tue, Sep 16, 2025.
