Nilachal Carbo Metalicks Ltd Logo

Nilachal Carbo Metalicks Ltd IPO

NSELot: 1600

LISTEDSME
Issue Price85
Listing68
Current85
Price Band
85 - ₹85
Lot Size
1,600
Issue Size
₹56.1 Cr
GMP
0
Subscription
1.29x

IPO Schedule

1
Open
8 Sept
2
Close
11 Sept
3
Allotment
12 Sept
4
Listing
16 Sept

About Nilachal Carbo Metalicks Ltd

Nilachal Carbo Metalicks Ltd manufactures and sells structural steel products. The company focuses on producing various types of steel structures, catering to the construction and infrastructure sectors.

Subscription Status

QIB
0.00x
NII
1.86x
Retail
0.71x
CategoryDay 4Day 3Day 2Day 1
QIB0.00x0.00x0.00x0.00x
NII4.56x2.28x2.09x1.86x
Retail5.55x1.39x1.08x0.71x
Total5.06x1.83x1.58x1.29x

Risk Factors

Volatility in raw material prices (steel, coal).
Dependence on the cyclical nature of the construction industry.
Intense competition from other steel manufacturers.

Promoters & Management

The key management team includes Mr. Bibhu Datta Panda (Managing Director), Ms. Geeta Rani Panda (Non-Executive Director), and Mr. Rishiraj Panda (Whole-time Director). Mr. Bibhu Datta Panda has over three decades of experience in the coking coal and LAM coke industry. Ms. Geeta Rani Panda has over 13 years of experience in handling Human Resource and Admin operations. Mr. Rishiraj Panda has more than 4 years of experience in Business Operations. The company has constituted an Audit Committee, Stakeholders Relationship Committee, Nomination and Remuneration Committee, and Corporate Social Responsibility Committee. The company's management team is well experienced in the industry and has been responsible for the growth of the company's operations and financial performance. The strength and entrepreneurial vision of our Promoter and management have been instrumental in driving our growth and implementing our strategies. We believe that a motivated and experienced employee base is essential for maintaining a competitive advantage.