How To Check Petro Carbon and Chemicals IPO Allotment Status
The SME issue of Petro Carbon and Chemicals IPO was subscribed 92.01 times on the final day of subscription.
On the last day of bidding for the Petro Carbon and Chemicals IPO, the issue was subscribed 92.01 times led by non-institutional buyers subscribing 129.91 times. Qualified institutions subscribed 94.49 times and retail investors subscribed 74.34 times, as per chittogarh.com.
The SME IPO aims to raise Rs 113.16 crore through an offer for sale of 66.18 lakh shares, and was open for subscription from June 25 to June 27. The IPO had a price band of Rs 162 to Rs 171 per share, with a minimum application size of 800 shares, requiring a retail investment of at least Rs 1,36,800.
The allotment for Petro Carbon and Chemicals IPO will be finalised on Friday, June 28.
Investors can check Petro Carbon and Chemicals IPO allotment status on the official website of Bigshare Services Pvt Ltd, the registrar for IPO.
Given below is the step-by-step guide to check the allotment status on Bigshare Services.
Petro Carbon and Chemicals IPO allotment status on Bigshare Services
Visit the official website of Bigshare Services here: https://www.bigshareonline.com/ipo_Allotment.html
Select any one server to check your IPO Allotment Status.
Choose "Petro Carbon and Chemicals Limited" from the list of companies.
In the Selection Type dropdown, choose Application number, Beneficiary ID, or PAN ID.
Enter the required information, which could be your application number, PAN (Permanent Account Number), or Beneficiary ID.
Complete the 'captcha' to verify that you are not a robot.
Finally, click the "Search" button to check your allotment status.
Petro Carbon and Chemicals IPO Listing Date
Shares of Petro Carbon and Chemicals Limited will be listed on NSE's Emerge platform on Tuesday, July 2.
Petro Carbon and Chemicals IPO Timeline
IPO Open Date: Tuesday, June 25
IPO Close Date: Thursday, June 27
Basis of Allotment: Friday, June 28
Initiation of Refunds: Monday, July 1
Credit of Shares to Demat: Monday, July 1
Listing Date: Tuesday, July 2
About Petro Carbon and Chemicals Limited
Petro Carbon and Chemicals Limited, part of the ATHA Group since 2007, specialises in making calcined petroleum coke (CPC). They transform raw petroleum coke into CPC, used in making aluminium, steel, and other carbon products. Based in Purba Medinipur, West Bengal, their plant spans 30 acres and produces about 93,744 tons of CPC annually. The company has a team of 74 employees across production, maintenance, sales, and administration, along with approximately 290 contract workers supporting operations.
