Nilachal Carbo Metalicks IPO
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Schedule of Nilachal Carbo Metalicks
| Issue open date | 08 Sep 2025 |
| Issue close date | 10 Sep 2025 |
| UPI mandate deadline | 10 Sep 2025 (5 PM) |
| Allotment finalization | 11 Sep 2025 |
| Refund initiation | 12 Sep 2025 |
| Share credit | 12 Sep 2025 |
| Listing date | 15 Sep 2025 |
| Mandate end date | 25 Sep 2025 |
| Lock-in end date for anchor investors (50%) | 11 Oct 2025 |
| Lock-in end date for anchor investors (remaining) | 11 Dec 2025 |
Note: The schedule is tentative. The anchor lock-in period ends 30 days after the actual allotment date for 50% of the shares and 90 days after for the remaining portion. The allotment status can be checked on the registrar's website and the exchange website.
About Nilachal Carbo Metalicks
Nilachal Carbo Metalicks is engaged in manufacturing Low Ash Metallurgical (LAM) Coke and sells to most of the top ferro chrome manufacturers in the country. The company operates a plant at Baramana, Jajpur, Odisha with capacity of 60000 MTPA and a second plant on leased basis at Visakhapatnam with capacity of 18000 MTPA. The company is proposing expansion of additional capacity of 34400 MTPA at its owned existing facility.
Financials of Nilachal Carbo Metalicks
Issue size
| Funds Raised in the IPO | Amount |
| Overall | ₹56.10 crores |
| Fresh Issue | ₹22.10 crores |
| Offer for sale | ₹34.00 crores |
Utilisation of proceeds
| Purpose | INR crores (%) |
| Funding capital expenditure for installing one coke oven plant | 13.46 (60.9%) |
| Funding modernisation of existing plant | 3.03 (13.7%) |
| General corporate expenses | 5.61 (25.4%) |
Strengths
- Strategic location in Odisha providing access to raw materials and key customers
- Diversified product portfolio including LAM coke, nut coke, and blast furnace grade coke
- Strong relationships with top ferro chrome manufacturers across the country
- Expansion plans to increase capacity from 78000 MTPA to 112400 MTPA
Risks
- Heavy dependence on limited number of suppliers for raw material procurement
- Concentration risk with significant revenue from few large customers
- Working capital intensive business model requiring continuous funding
- Exposure to cyclical demand fluctuations in ferro-alloy industries
- Manufacturing operations dependent on specific facilities and lease agreements
- Vulnerability to raw material price volatility and supply chain disruptions
Allotment Status for Nilachal Carbo Metalicks
To check your allotment status – click here.