Petro Carbon and Chemicals IPO Allotment Status Online

Petro Carbon and Chemicals IPO Allotment Status Online

Petro Carbon and Chemicals IPO Allotment Status Online : Petro Carbon and Chemicals IPO is Open on June 24, 2024 and Close on June 26, 2024. Petro Carbon and Chemicals IPO to Raise 51,00,000 Shares (Approx ₹28.05 Cr) via IPO. The Fresh Issue of 51,00,000 shares (Approx ₹28.05 Cr). 

  • The Retail Quota Is 50%
  • QIB Is -%
  • HNI Is 50%.

Petro Carbon and Chemicals IPO Basis of Allotment Status on 28 June, 2024. Petro Carbon and Chemicals IPO Refund Date is 1 July 2024 and Petro Carbon and Chemicals IPO Credit to Demat on 1 July 2024.

Also Read: Petro Carbon and Chemicals IPO Details Today, Date, Price, GMP, Review

Petro Carbon and Chemicals IPO Allotment Link Online

About –

Petro Carbon and Chemicals was incorporated on November 05, 2007 Petro Carbon and Chemicals Limited (“PCCL”) is a ATHA Group (the “Group”) Company engaged in the business of manufacturing and marketing of Calcined Petroleum Coke (“CPC”) in the carbon industry.

Atha Group is a multi-product, multi-technology, multi-location business conglomerate. It is a 70 year old diversified Indian business house headquartered in Kolkata. PCCL’s business model is fundamentally a B2B model wherein we majorly supply our end product CPC, to the renowned, aluminum manufacturing government companies, graphite electrodes and titanium dioxide manufacturers as well as other users in the metallurgical, chemical industries and other steel manufacturing companies.

In 2018, our company was honoured with the prestigious NALCO VIKRETA UTKARSH PURASKAR, recognizing us as the top supplier among all the suppliers of POL (Petroleum, Oil, and Lubricants) by the National Aluminium Company Limited. Calcined Petroleum Coke commonly known as CPC is produced from Raw Petroleum Coke (RPC) also called the Green Petroleum Coke.

The result of the calcining process is converting green coke to hard, dense and almost pure carbon with low hydrogen content, good electrical conductivity and a defined structure. These properties alongwith low metals and ash contents make calcined petroleum coke the best material currently available for making carbon anodes for smelting of alumina to aluminium in the electrolytic smelting process.

Calcined Petroleum Coke (CPC) holds significant importance in the manufacturing of aluminium, and is also utilised in the production of steel and various other carbon-based products. It is widely used in aluminium industry, titanium dioxide industry, electrode manufacturing industry, foundry industry, glass industry metallurgical and chemical industry, steel industry and Carbon Paste etc.

The Plant has a capacity of approximately 93,744 tons per annum of CPC and the plant comprises an area of around 30 acres with good infrastructure facilities like own railway sliding inside the plant premises itself facilitating unloading / loading of wagons, along with yard / shed to store both Raw Petroleum Coke (RPC) / Calcined Petroleum Coke (CPC).

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