Petro Carbon & Chemicals Ltd - IPO

Petro Carbon & Chemicals Ltd IPO Details

Initial public offer of 66,17,600 equity shares of face value of Rs. 10/- each (Equity Shares) of Petro Carbon and Chemicals Limited (the Company or Petro Carbon and Chemicals or PCCL or Offerer) at an offer price of Rs. 171 per equity share (including a share premium of Rs. 161 per equity share) for cash, aggregating Rs. 113.16 crores through an offer for sale by promoter selling shareholders (Public Offer) out of which 4,30,400 equity shares of face value of Rs. 10/- each, at an offer price of Rs. 171 per equity share for cash, aggregating Rs. 7.36 crores will be reserved for subscription by the market maker to the offer (the Market Maker Reservation Portion). The public offer less market maker reservation portion i.e. offer of 61,87,200 equity shares of face value of Rs. 10/- each, at an offer price of Rs. 171 per equity share for cash, aggregating up to Rs. 105.80 crores is hereinafter referred to as the Net Offer. The public offer and net offer will constitute 26.79 % and 25.05 % respectively of the post-offer paid-up equity share capital of the company.

Objective of issue

Offer management fees including merchant banking fees underwriting fees and payment to other intermediates such as legal advisors registrars and other out of pocket expenses. Advertising and marketing expenses. Fees payable to the stock exchanges(s). Printing & stationery distribution postage etc. Brokerage and selling commision. Other exp.

Petro Carbon & Chemicals Ltd Contact Details

Petro Carbon & Chemicals Ltd, Office No 56-2, Pinnacle Busine.Park, Mahakali Caves Road, Mumbai - 400093

Phone - 91-22-62638200

Fax - 91-22-63638299

Email - pccl@athagroup.in

Website - www.pccl.in