
Emerging SME Services · BSE
Nilachal Carbo Metalicks Limited, incorporated in 2003, is engaged in producing high-quality, low-sulfur metallurgical coke for diverse industrial applications. Its product portfolio includes nut coke, blast furnace coke, foundry coke, and low-phosphorus coke fines. The company operates a modern facility at Chadheidhara, Jajpur, Odisha, with three non-recovery, bee-hive type coke oven batteries and a production capacity of 60,000 MTPA. It is also expanding by adding a new battery with 36 ovens at its Baramana, Jajpur plant, which will increase LAM Coke capacity by 34,400 MTPA, taking the total to 94,400 MTPA (1,12,400 MTPA including leased capacity). Its products serve foundries, ferro-alloy manufacturers, and blast furnace operations, while coke fines are used in iron ore pellets, sintering, and steel melting, meeting strong demand from nearby steel plants. As of July 5, 2025, the company employed 65 people.
Price Band
₹85
Issue Size
₹56.10 Cr
Lot Size
1600 shares
GMP
Est. Listing
₹85
at current GMP
Subscribed
5.11x
overall
Open
8 Sep 2025
Close
11 Sep 2025
Allotment
12 Sep 2025
Refund
13 Sep 2025
Demat Credit
14 Sep 2025
Listing
16 Sep 2025
Overall Subscription
5.11x
Total Demand
QIB Multiplier
0.00x
Institutions & Funds
NII / HNI
4.67x
High Net-Worth
Retail (RII)
5.55x
Individual Bidders
Live bidding breakdown by institutional, non-institutional, and retail investors
| Category | Shares Offered | Shares Applied / Bid | Times Subscribed |
|---|---|---|---|
| NIB | 3,132,800 | 14,619,200 | 4.67x |
| HNIs(10L +) | 2,089,600 | 8,115,200 | 3.88x |
| HNIs (2-10L) | 1,043,200 | 6,504,000 | 6.23x |
| RETAIL | 3,136,000 | 17,392,000 | 5.55x |
| Total | 9,401,600 | 46,630,400 | 5.11x |
Total unique applications received across retail and HNI tranches
| Category | Applications Reserved | Applications Received | Times Subscribed |
|---|---|---|---|
| QIB | — | 2 | 0.00x |
| NIB | — | 1,769 | 0.00x |
| RETAIL | 980 | 2,362 | 2.41x |
| HNIs (2-10L) | 653 | 834 | 1.28x |
| Total Applications | 1,633 | 4,967 | 3.04x |
Track continuous institutional and retail bidding order books for all active issues on the ipo live subscription feed.
Nilachal Carbo Metalicks Limited is bringing an initial public offering (IPO) in the Emerging SME Services sector with an aggregate issue size of ₹56.1 Crores. The shares are offered at a price band of ₹85 to ₹85 per equity share on BSE. Currently, grey market participants and retail investors are watching the bidding trend, premium movement, and anchor book demand with keen interest.
Prospective investors can apply in the retail quota with a minimum of 1 lot comprising 1600 shares (approx. ₹1,36,000 minimum investment). High net-worth individuals (HNI/NII) can bid in the sHNI (₹2 Lakh to ₹10 Lakh) or bHNI (above ₹10 Lakh) categories for enhanced quota allocation.
Allotment reconciliation will be managed by Kfin Technologies Limited. Eligible allottees will receive credit of equity shares into their Demat accounts by 2025-09-14, while un-allotted funds or UPI block mandates will be released on 2025-09-13.
Currently, Nilachal Carbo Metalicks Limited IPO Grey Market Premium (GMP) is not actively quoted or is quoted flat at ₹0. The shares are expected to list close to the issue price band of ₹85 to ₹85 per equity share.
The retail lot size is 1600 shares requiring a minimum application amount of ₹1,36,000. Expected listing price is ₹85 per equity share.
The Nilachal Carbo Metalicks Limited IPO aggregate issue size is ₹56.1 Crores with an equity price band set at ₹85 to ₹85 per equity share. The retail lot size is 1600 shares requiring a minimum capital outlay of approx. ₹1,36,000.
Live subscription figures are compiled real-time from the NSE and BSE bidding engines. Currently, overall subscription is 5.11x (Retail: 5.55x, QIB: 0.00x, NII: 4.67x). You can track live multiples directly on our dedicated subscription page.
The basis of allotment will be published on the official registrar portal (Kfin Technologies Limited) and the BSE status verification website on or around 2025-09-12. Investors can verify status using PAN card or application number.
Nilachal Carbo Metalicks Limited shares are scheduled to list on BSE on 2025-09-16.