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Nilachal Carbo Metalicks IPO To Open On 8th September, Sets Price Band At Rs 85 Per Share

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Bhubaneswar (Odisha) [India], September 8: Incorporated in 2003, Nilachal Carbo Metalicks Limited is engaged in the production of high-quality, low-sulfur metallurgical coke. 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. For its SME Initial Public Offering (IPO), Nilachal Carbo Metalicks IPO has established a price band of Rs 85 per share. The company's shares will 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.

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Retail investors need to contribute a minimum of Rs 2.72 lakh considering the minimum 2 lots size for an application is 3,200 shares. For HNIs, the minimum bidding size is three lots, or 4,800 shares, for a total investment of Rs 4.08 lakh at the upper price band.

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.

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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).

(Disclaimer: The above press release comes to you under an arrangement with PNN and PTI takes no editorial responsibility for the same.). PTI PWR

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(This content is sourced from a syndicated feed and is published as received. The Tribune assumes no responsibility or liability for its accuracy, completeness, or content.)

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