Petro Carbon and Chemicals Limited

About the company

## **About Petro Carbon and Chemicals Limited** Founded in 2007,  Petro Carbon and Chemicals Limited (“PCCL”) is a ATHA Group (the “Group”) & is 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. The Group was founded in the year 1957 in Odisha as a Mining and Minerals company. Since the last decade, the group has been focusing towards its growth strategy of business diversification, forward and backward integrations and acquisition of projects, which has significantly helped the group maintain consistency in performance and growth. PCCL’s business model is fundamentally a B2B model wherein they majorly supply their 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, the company was honoured with the prestigious NALCO VIKRETA UTKARSH PURASKAR, recognizing them as the top supplier among all the suppliers of POL (Petroleum, Oil, and Lubricants) by the National Aluminium Company Limited. PCCL’s plant was operational since the year 1975, wherein the detailed engineering and layout of the plant was done by Engineers India Limited. This plant was later acquired, revamped and upgraded by their group in the year of 2008. They  currently operate one  manufacturing plant located at West-Bengal. 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). In the last five years, the group has strategically shifted its attention towards Vertical Integration, technological Innovation, Diversification, strategic partnerships which has resulted in Operational expansion, excellence, resulting in a substantial enhancement of its overall performance. Petro Carbon and Chemicals Limited prepares for its Initial Public Offering (IPO), the proceeds from the Fresh Issue will be allocated towards critical objectives. 1. Achieve the benefits of listing the Equity Shares on the Stock Exchanges. 1. Carry out the Offer for Sale of up to Equity Shares by the Selling Shareholders.

Financial performance (₹ Cr)

IPO Roadmap / Timeline

1. IPO Opens

   Completed
   25 Jun 2024

   Bidding starts for all investor categories

2. IPO Closes

   Completed
   27 Jun 2024

   Last day to place your bid

3. Basis of Allotment

   Completed
   27 Jun 2024

   Share allotment finalised

4. Refund Initiation

   Completed
   01 Jul 2024

   Refunds credited for non-allottees

5. Credit to Demat

   Completed
   28 Jun 2024

   Allotted shares credited to demat account

6. Listing on Exchange

   Completed
   02 Jul 2024

   Shares list on NSE / BSE

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