Petro Carbon and Chemicals Ltd IPO

Petro Carbon and Chemicals Limited, an ATHA Group company, was founded in 2007 and is engaged in the production of calcined petroleum coke (CPC) for the carbon industry.

The company produces calcined petroleum coke, commonly known as CPC, from raw petroleum coke (RPC), also known as green petroleum coke, for use in the manufacture and production of aluminum, steel and various other carbon-based products.

The company’s production facility is located in Purba Medinipur, West Bengal, and has a capacity of around 93,744 tons of CPC per annum; the plant is spread over an area of around 30 acres.

The company employs around 74 people at various levels in the areas of production, maintenance, marketing, sales, administration and corporate services. In addition, the company employs around 290 contract workers at its current production facility.

 

Petro Carbon and Chemicals Limited Financial Information (Restated Standalone)

Petro Carbon and Chemicals Limited’s revenue increased by 84.92% and profit after tax (PAT) rose by 17.8% between the financial year ending with March 31, 2023 and March 31, 2022.

Period Ended31 Dec 202331 Mar 202331 Mar 202231 Mar 2021
Assets27,432.3526,379.1227,703.5615,992.29
Revenue44,711.1151,760.9927,990.7015,528.68
Profit After Tax7,031.16672.65570.9911.64
Net Worth10,653.343,752.813,080.172,509.17
Reserves and Surplus12,528.215,561.064,973.204,489.97
Total Borrowing8,063.0217,582.7819,418.008,182.43
Amount in ₹ Lakhs

Objects of the Issue (Petro Carbon and Chemicals IPO Objectives)

The objectives of the Offer are to:

  1. Achieve the benefits of listing the Equity Shares on the Stock Exchanges; and
  2. Carry out the Offer for Sale of up to Equity Shares by the Selling Shareholders.

Petro Carbon and Chemicals IPO Timeline (Tentative Schedule)

Petro Carbon and Chemicals IPO opens on June 25, 2024, and closes on June 27, 2024.

IPO Open Date Tuesday, June 25, 2024
IPO Close Date Thursday, June 27, 2024
Basis of Allotment Friday, June 28, 2024
Initiation of Refunds Monday, July 1, 2024
Credit of Shares to Demat Monday, July 1, 2024
Listing Date Tuesday, July 2, 2024
Cut-off time for UPI mandate confirmation 5 PM on June 27, 2024

SHARIAH SCREENING for - Petro Carbon and Chemicals Limited IPO

Looking to invest ethically or according to Islamic principles? Expert Ethical brokers can help. Whether you need an ethical investment broker, a halal stock broker in India, or a Shariah-compliant broker, there are specialists available. Discover how to align your investments with your values and start your journey towards ethical wealth creation today through Ethical IAP or Ethical PMS.

Visit Prosperia.in to learn more about Ethical Investment Opportunities and start your journey towards ethical wealth creation today.

BUSINESS SCREEN

FINANCIAL RATIOS

As per our analysis and Based on the information we have, this is the output.
Allah knows best.
If you find this result mistaken or questionable, let us know via email at info (@) halalstock.in

Spread the Knowledge - Share the Latest IPO Updates and Shariah Compliant IPO's.

Latest Current & Upcoming IPOs in BSE & NSE - Including Shariah Compliant.

The IPO dashboard offers insights on the Latest Current & Upcoming IPOs in BSE & NSE. It also evaluates IPOs for Shariah compliance, ensuring alignment with Islamic principles for ethical investment choices.

IPO

Emcure Pharmaceuticals Limited IPO Detail

Last Updated on June 29, 2024 Emcure Pharmaceuticals Limited IPO Incorporated in 1981, Emcure Pharmaceuticals Limited, an Indian pharmaceutical company, develops, manufactures, and globally markets a wide range of pharmaceutical

Read More »
IPO

Nephro Care India Limited IPO Detail

Last Updated on June 27, 2024 Nephro Care India Limited IPO Incorporated in 2014, Nephro Care India Limited is a comprehensive treatment center located in Kolkata, offering a wide range

Read More »
IPO

Diensten Tech Limited IPO Detail

Last Updated on June 26, 2024 Diensten Tech Limited IPO Diensten Tech Limited, formerly known as JKT Consulting Limited, was founded in 2007 and provides information technology (IT) professional resourcing,

Read More »

Dear Halal Stock Users,

If you believe our website is a valuable resource,
we invite you to support us.
Your contribution ensures free access for all
and fuels future development.

You can contribute as little as
100, 200, 500 & so…
every bit counts.

Thank you for your support!