Nilachal Carbo Metalicks Ltd (BSE SME)

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Nilachal Carbo Metalicks

September 8, 2025 – September 10, 2025

Price ₹85 - ₹85
GMP Rumors * ₹0
Lot size 1600
Allotment Sep 11, 2025
Listing Sep 15, 2025


Nilachal Carbo Metalicks Lot(s) Distribution

Category Lot(s) Qty Amount Reserved
INDIVIDUAL 2 3200 272000 980
HNI 3 4800 408000 217

Nilachal Carbo Metalicks Reservation

Category Shares Offered %
HNI 3132800 47.47%
INDIVIDUAL 3136000 47.52%
Market Maker 331200 5.02%
Total 6600000 100%

Nilachal Carbo Metalicks About

IPO Details 
Total Issue Size66,00,000 shares (aggregating up to ₹56.10 Cr)
Fresh Issue26,00,000 shares (aggregating up to ₹22.1Cr)
Offer For Sale40,00,000 shares (aggregating up to ₹34.0Cr)
Issue TypeBookbuilding IPO
Listing AtBSE, NSE
Share Holding Pre Issue7,21,32,080 shares
Share Holding Post Issue9,64,32,080 shares
Reserved for Market Maker3,31,200 shares (aggregating up to ₹2.82Cr)
 Market MakerNNM Securities Pvt.Ltd.
Key Performance Indicator (KPI)
KPIMar-25Mar-24Mar-23
ROE17.90%24.61%30.57%
ROCE22.74%23.54%27.90%
EPS
(basic)
6.287.086.64
P/E
Pre IPO
13.54
P/E
Post IPO
15.12
Company Financial (In ₹Crore)
Period EndedMar-25Mar-24Mar-23
Assets123.34114.4993.22
Total Income202.79267.13268.46
Profit After Tax14.0215.8214.82
EBITDA27.1322.3224.98
Net Worth78.364.2848.46
Reserves and Surplus55.9741.9526.14
Total Borrowing23.5526.1418.84
About Company

Nilachal Carbo Metalicks Limited, incorporated in 2003, is engaged in the production of high-quality, low-sulfur metallurgical coke catering to diverse industrial applications.

The company operates a modern facility in Chadheidhara, Jajpur, Odisha, equipped with three non-recovery, bee-hive type coke oven batteries, with a production capacity of 60,000 MTPA. To enhance its output, the company is setting up an additional battery with 36 ovens at its Baramana, Jajpur plant, which will increase its LAM Coke capacity to 94,400 MTPA (1,12,400 MTPA including leased capacity).

Product Portfolio :

  • Foundry Grade Coke Used in foundries as a fuel and reducing agent for melting metals like iron, ensuring stable heat and minimal impurities.
  • Ferro Alloys Grade LAM Coke (Nut Coke)Essential for ferro-alloy production, it has low ash, phosphorus, and reactivity, improving furnace efficiency and alloy quality.
  • Blast Furnace Grade Coke Used in blast furnaces for iron production, it provides high carbon content, low ash, and durability for efficient combustion and furnace stability.
  • Coke Fines: Produced as a by-product during LAM Coke/Nut Coke manufacturing, featuring high carbon and low phosphorus content, widely used in iron ore pellets, sintering, and steel melting—particularly meeting the needs of nearby steel plants.

Strength

Strategic Location Advantage: The company’s manufacturing plants are located near Paradip and Vizag ports, with close proximity to major ferro chrome producers and the Kalinga Nagar steel hub, ensuring easy logistics and a strong ready market.

Experienced Leadership: Led by promoter and Managing Director Mr. Bibhu Datta Panda, with over 20 years of industry experience, the company benefits from strong leadership, strategic vision, and an experienced management team driving growth.

Own Logistics Fleet: The company operates its own fleet of Ashok Leyland tippers, enabling Just-in-Time (JIT) delivery and ensuring efficient, timely supply to clients.

Weakness

Raw Material Supply Risks: Disruptions in raw material supply due to price volatility or regulatory changes may affect operations, customer delivery, and financial performance.

High Working Capital Requirement: The business is capital-intensive, and any shortfall in cash flows or borrowing challenges could adversely impact operations and results.

Manufacturing Dependency: The company relies heavily on its manufacturing units, and any slowdown, shutdown, or underutilization could negatively affect business and financial condition.

Nilachal Carbo Metalicks Lead Manager(s)

Nilachal Carbo Metalicks Address

Nilachal Carbo Metalicks Ltd.
N/4,
158 IRC Village,
Bhubaneswar 751015
Bhubaneshwar, Odisha, 751015
Phone: 06742551375
Email: secretarial@nilachalcoke.com
Website: https://nilachalcoke.com/

Nilachal Carbo Metalicks Registrar

Kfin Technologies Limited
Address: Kfin Technologies Limited KFintech, Tower-B, Plot No 31 & 32, Financial District, Nanakramguda, Gachibowli, Hyderabad, Telangana India - 500 032.