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Petro Carbon and Chemicals Limited IPO

Petro Carbon and Chemicals Limited was a SME IPO in the Industrial Minerals sector, offered at ₹162–₹171 per share to raise ₹113 crore. It listed on 2 Jul 2024 at ₹300 and closed its first day at ₹315, a listing gain of +84.2% versus the ₹171 issue price. It now trades around ₹421 (+146.1% versus the issue price).

Frequently asked questions

What were the Petro Carbon and Chemicals Limited IPO listing gains?
Petro Carbon and Chemicals Limited listed on 2 Jul 2024 at ₹300, closing its first day at ₹315 — a listing gain of +84.2% versus the ₹171 issue price.
What was the price band and lot size of the Petro Carbon and Chemicals Limited IPO?
The price band was ₹162–₹171 per share, with a minimum lot of 800 shares (₹1,36,800 at the upper band).
Who were the registrar and lead manager for the Petro Carbon and Chemicals Limited IPO?
Bigshare Services Private Limited was the registrar, and GYR Capital Advisors was the book-running lead manager.