Nilachal Carbo Metalicks IPO

About the company

Nilachal Carbo Metalicks is engaged in the manufacturing of low ash metallurgical (LAM) coke, with a specialisation in Ferro Alloy Grade coke, particularly in sizes of 10–30 mm and 10–40 mm. The company operates from two key facilities- its owned plant in Jajpur, Odisha, with 96 ovens and a 60,000 MTPA capacity, and a leased unit in Visakhapatnam, Andhra Pradesh, with 18 ovens and 18,000 MTPA capacity. The combined capacity utilisation stood at 48.87%. The company’s product mix is dominated by LAM coke, which contributed 94.78% of overall sales in FY25. Geographically, sales are concentrated in Odisha, accounting for 92.36%, followed by Andhra Pradesh at 7.64%. The company plans to add a 36-oven battery at its Baramana, Jajpur plant, raising its LAM coke capacity to 94,400 MTPA.

Financial performance (₹ Cr)

Subscription breakup (final, times)

IPO Roadmap / Timeline

1. IPO Opens

   Completed
   08 Sept 2025

   Bidding starts for all investor categories

2. IPO Closes

   Completed
   11 Sept 2025

   Last day to place your bid

3. Basis of Allotment

   Completed
   12 Sept 2025

   Share allotment finalised

4. Refund Initiation

   Completed
   15 Sept 2025

   Refunds credited for non-allottees

5. Credit to Demat

   Completed
   15 Sept 2025

   Allotted shares credited to demat account

6. Listing on Exchange

   Completed
   16 Sept 2025

   Shares list on NSE / BSE

Post-close dates are indicative as per SEBI T+3 listing framework and may change per registrar updates.