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 opens for subscription on Sep 8, 2025 and closes on Sep 11, 2025. The allotment for the Nilachal Carbo Metalicks IPO is expected to be finalized on Sep 12, 2025. Nilachal Carbo Metalicks IPO will list on BSE SME with a tentative listing date fixed as Sep 16, 2025.
Nilachal Carbo Metalicks IPO price is ₹85.00 per share . The lot size for an application is 1,600. The minimum amount of investment required by an individual investor (retail) is ₹2,72,000.00 (3,200 shares) (based on upper price). The minimum lot size investment for 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.
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| IPO Date | September 8, 2025 to September 11, 2025 |
| Listing Date | [.] |
| Face Value | ₹10 per share |
| Issue Price Band | |
| Issue Price Final | ₹85 per share |
| Lot Size | 1,600 Shares |
| Sale Type | Fresh Capital-cum-Offer for Sale |
| Total Issue Size | 66,00,000 shares (aggregating up to ₹56.10 Cr) |
| Reserved for Market Maker | 3,31,200 shares NNM Securities Pvt.Ltd. (aggregating up to ₹2.82 Cr) |
| Fresh Issue (Ex Market Maker) | 22,68,800 shares (aggregating up to ₹19.28 Cr) |
| Offer for Sale | 40,00,000 shares of ₹10 (aggregating up to ₹34.00 Cr) |
| Net Offered to Public | 62,68,800 shares (aggregating up to ₹53.28 Cr) |
| Issue Type | Fixed Price IPO |
| Listing At | BSE SME |
| Share Holding Pre Issue | 2,23,27,000 shares |
| Share Holding Post Issue | 2,49,27,000 shares |
Nilachal Carbo Metalicks IPO offers total 66,00,000 shares. Out of which 31,32,800 (47.47%) allocated to NII, 31,36,000 (47.52%) allocated to RII.
| Investor Category | Shares Offered |
|---|---|
| Market Maker Shares Offered | 3,31,200 (5.02%) |
| NII (HNI) Shares Offered | 31,32,800 (47.47%) |
| Retail Shares Offered | 31,36,000 (47.52%) |
| Total Shares Offered | 66,00,000 (100.00%) |
Nilachal Carbo Metalicks IPO opens on September 8, 2025, and closes on September 11, 2025.
| IPO Open Date | Mon, Sep 8, 2025 |
| IPO Close Date | Thu, Sep 11, 2025 |
| Tentative Allotment | Fri, Sep 12, 2025 |
| Initiation of Refunds | Mon, Sep 15, 2025 |
| Credit of Shares to Demat | Mon, Sep 15, 2025 |
| Tentative Listing Date | Tue, Sep 16, 2025 |
| Cut-off time for UPI mandate confirmation | 5 PM on Thu, Sep 11, 2025 |
Investors can bid for a minimum of 3,200 shares and in multiples of 1,600 shares thereof. The following table depicts the minimum and maximum investment by Individual Investors (Retail) and HNI in terms of shares and amount.
| Application | Lots | Shares | Amount |
|---|---|---|---|
| Individual investors (Retail) (Min) | 2 | 3,200 | ₹2,72,000 |
| Individual investors (Retail) (Min) | 2 | 3,200 | ₹2,72,000 |
| HNI (Min) | 3 | 4,800 | ₹4,08,000 |
Note : The value will be calculated using Equity Dilution = Share Holding Pre Issue - Share Holding Post Issue
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 market capitalization of Nilachal Carbo Metalicks IPO is ₹211.88 Cr.
KPI as of Mon, Mar 31, 2025.
| KPI | Values |
|---|---|
| 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 Rs | 6.28 | 5.62 |
| P/E (x) | 13.54 | 15.12 |
The Company Nilachal Carbo IPO proposes to utilise the Net Proceeds from the Issue towards the following objects:
| S.No. | Objects of the Issue | Expected Amount (in Millions) |
|---|---|---|
| 1 | Funding Capital expenditure for installing One Coke Oven Plant for expansion of capacity. | 134.6 |
| 2 | Funding modernization of existing plant | 30.33 |
| 3 | General corporate purposes |
[Dilip Davda] NCML is engaged in the business of manufacturing LAM Coke. The company claims to be the most preferred partners for big corporates engaged in ferro chrome/alloys sectors. It posted static top lines with erratic bottom lines for FY23 and FY24. FY 25 it marked a setback amidst shift of new product line following government policy. Based on its recent financial data, the issue appears greedily priced. Well-informed/cash surplus investors may park moderate funds for medium term. Read detail review...
Nilachal Carbo Metalicks Ltd.
N/4,
158 IRC Village,
Bhubaneswar 751015
Bhubaneshwar, Odisha, 751015
Phone: 06742551375
Email: secretarial@nilachalcoke.com
Website: https://nilachalcoke.com/
Kfin Technologies Ltd.
Phone: 04067162222, 04079611000
Email: ncml.ipo@kfintech.com
Website: https://ipostatus.kfintech.com/
Nilachal Carbo Metalicks IPO is a SME IPO of 66,00,000 equity shares of the face value of ₹10 aggregating up to ₹56.10 Crores. The issue is priced at ₹85 per share. The minimum order quantity is 1600.
The IPO opens on September 8, 2025, and closes on September 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 September 8, 2025 and closes on September 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 Monday, September 15, 2025. Check the Nilachal Carbo Metalicks IPO allotment status.
The Nilachal Carbo Metalicks IPO listing date is not yet announced. The tentative date of Nilachal Carbo Metalicks IPO listing is Tuesday, September 16, 2025.
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