Petro Carbon and Chemicals IPO Subscription Status: Petro Carbon and Chemicals IPO is Open on 25 June, 2024 and Close on 27 June, 2024. Petro Carbon and Chemicals IPO to Raise 6,617,600 shares (Approx ₹113.16 Cr) via IPO. The Fresh Issue of 6,617,600 shares (Approx ₹113.16 Cr).
- The Retail Quota is 35%
- QIB is 50%
- NII is 15%
Petro Carbon and Chemicals IPO is an SME IPO and Listed on NSE SME. Petro Carbon and Chemicals IPO Price Band is Fixed at ₹171 Equity Share. Petro Carbon and Chemicals IPO Lot Size is 800 Shares.
About Petro Carbon and Chemicals IPO :
- 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.
Petro Carbon and Chemicals IPO Subscription Status, Rate bid times
| Inv Category | Shares Reserved | No. of Shares bid for | No. of Times (Subscription) |
|---|---|---|---|
| Qualified Buyers (QIBs) | 12,36,800 | 11,68,69,600 | 94.49 |
| Non Institutional Buyers (NIIs) | 9,28,800 | 12,06,63,200 | 129.91 |
| Retail Individual Buyers (RIIs) | 21,66,400 | 16,10,51,200 | 74.34 |
| Anchor Investor | 18,55,200 | 18,55,200 | 1 |
| Market Maker | 4,30,400 | 4,30,400 | 1 |
| Total | 43,32,000 | 39,85,84,000 | 92.01 |
Petro Carbon and Chemicals Subscription Status day-by-day-
| Categories | 25 June | 26 June | 27 June |
|---|---|---|---|
| QIB | 0.15 | 0.15 | 94.49 |
| NII | 2.83 | 7.62 | 129.91 |
| RII | 3.42 | 12.10 | 74.34 |
| Total | 2.36 | 7.73 | 92.01 |
Petro Carbon and Chemicals Investor Categories
- Qualified Institutional Buyers (QIB).
- Non- Institutional Investors (NII).
- Retail individual Investors (RII).
- Employee (EMP).
- Others (Eligible Shareholders).
Who Is QIB In IPO?
QIB Stands For “Qualified Institutional Buyer” In The Context Of An IPO (Initial Public Offering). QIBs Are A Category Of Institutional Investors Who Are Considered Financially Sophisticated And Meet Certain Regulatory Criteria For Participating In Capital Markets. In The Context Of An IPO, QIBs Play A Significant Role As They Contribute To The Overall Demand For Shares And Help Determine The Success Of The Offering.
Who Is NII In IPO?
NII Stands For “Non-Institutional Investors” In The Context Of An IPO (Initial Public Offering). Non-Institutional Investors Are A Category Of Investors Who Participate In The IPO Alongside Institutional Investors And Retail Investors. NII Typically Includes High Net Worth Individuals (HNIs), Corporate Bodies, Trusts, And Other Entities That Are Not Classified As Institutional Investors But Have The Financial Capacity To Invest Significant Amounts In The IPO.
Who Is RII In IPO?
RII Stands For “Retail Individual Investor” In The Context Of An IPO (Initial Public Offering). Retail Individual Investors Are Individual Investors Who Participate In The IPO Alongside Institutional Investors And Non-Institutional Investors. RII Typically Includes Individual Investors Who Do Not Meet The Criteria To Be Classified As Institutional Investors Or Non-Institutional Investors.
Who Is EMP In IPO?
“EMP” In The Context Of An IPO (Initial Public Offering) Typically Stands For “Employee.” In Some IPOs, A Certain Portion Of The Shares May Be Reserved For Allocation To Employees Of The Company Going Public. These Employees Are Often Referred To As “Employee Shareholders” Or “Employee Participants” (EMP).
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