Petro Carbon & Chemicals Ltd IPO allotment finalized: A Step-by-Step Guide to Checking Your Status in 6 Simple Steps

Petro Carbon & Chemicals Ltd IPO allotment:

If you've applied for the Petro Carbon & Chemicals Ltd IPO, you're likely eager to know the allocation status. Well, the wait is over! The allotment process has been completed, and now you can easily check how many shares you've been allotted. You can do this by visiting the Bigshare Services Pvt Ltd registrar website. Moreover, for those who didn't receive an allotment, rest assured, the refund process has also been finalized.

Petro Carbon & Chemicals Ltd IPO allotment date:

The allotment date for the Petro Carbon & Chemicals Ltd IPO has been confirmed, and allotments have been finalized. Investors who applied for the issue can now verify their allotment status on the registrar portal designated for Petro Carbon & Chemicals Ltd IPO, managed by Bigshare Services Pvt Ltd. You can discover the number of shares allotted to you through the registrar's website. Additionally, the company has concluded the refund process for investors who were not allotted shares. The subscription period for Petro Carbon & Chemicals Ltd IPO commenced on June 25, 2024, and concluded on June 27, 2024.

Petro Carbon & Chemicals Ltd IPO subscription:

On the third day of subscription, the Petro Carbon & Chemicals Ltd IPO witnessed 11.09 times subscription. The listing date is scheduled on July 2, 2024. Investors can ascertain their share allocation through the basis of allotment process and check their allotment status. For those who were not allocated shares, the refund process will commence on July 1, 2024. Those allotted shares will receive them in their demat accounts on July 1, 2024. The listing date for Petro Carbon & Chemicals Ltd IPO is confirmed to be July 2, 2024.

Petro Carbon & Chemicals Ltd IPO: How to check allotment status?

If you've applied for the Petro Carbon & Chemicals Ltd IPO, you can easily check your allotment status on the Bigshare Services Pvt Ltd website. Here's a simple guide to check your allotment status:

  • Go to the Bigshare Services Pvt Ltd website.
  • Select the Petro Carbon & Chemicals Ltd IPO from the dropdown menu.
  • Choose either your Application Number, Demat Account, or PAN to proceed.
  • Select your application type as ASBA or non-ASBA.
  • Provide the required details based on your selection in the previous step.
  • Complete the Captcha verification.
  • Click on the submit button to view your allotment status.

How to check Petro Carbon & Chemicals Ltd IPO allotment status on BSE:

  • Navigate to the allotment page on the official BSE website via this link: https://www.bseindia.com/investors/appli_check.aspx
  • In the 'Issue Type' section, opt for 'Equity' and pick the Petro Carbon & Chemicals Ltd IPO from the dropdown menu labeled 'Issue Name'.
  • Enter either your PAN or application number, then click the 'Submit' button.

How to check Petro Carbon & Chemicals Ltd IPO allotment status on NSE:

  • to NSE's official website using this link:https://www.nseindia.com/
  • Choose the 'Click here to sign up' option and complete the registration process using your PAN details.
  • Enter your username, password, and captcha code on the subsequent page.
  • Once logged in, navigate to the designated section to check the IPO allotment status.

Allocation quota for Petro Carbon & Chemicals Ltd

The following table outlines the allocation quotas for different categories, detailing both the number of shares and the percentage of the total share capital raised. However, it's primarily the quotas for retail and HNI investors that are of significant interest.

Category of Investors Allocation of shares under IPO
Reservation for Employees 0 (0%)
Anchor Allocation 18,55,200 (28.03%)
QIB Shares Offered 12,36,800 (18.69%)
NII (HNI) Shares Offered 9,28,800 (14.04%)
Retail Shares Offered 21,66,400 (32.74%)
Total Shares Offered 66,17,600

Data Source: NSE-SME

Let's now examine how different categories of investors participated in placing their bids for the IPO of Petro Carbon & Chemicals Ltd.

Subscription levels for Petro Carbon & Chemicals Ltd

Next, let's delve into the level of subscription. The table below illustrates the degree of subscription for each category, along with the overall subscription for Petro Carbon & Chemicals Ltd.

Category Subscription Status
Qualified Institutional Buyers (QIB) 0.16x
S (HNI) ₹2 lakhs to ₹10 lakhs [-]
B (HNI) Above ₹10 lakhs [-]
Non Institutional Investors (NII) 8.63x
Retail Individuals 18.87x
Employees [-]
Overall Subscription 11.09x

Data Source: NSE-SME

The QIB portion witnessed a subscription of 0.16 times, while the HNI/NII portion saw a subscription of 8.63 times. The Retail portion experienced a subscription of 18.87 times, culminating in an overall subscription of 11.09 times for the IPO.

Frequently Asked Questions

What is Petro Carbon & Chemicals Ltd IPO?

Answer Field

Petro Carbon & Chemicals Ltd IPO is a SME IPO of 66,17,600 equity shares of a face value of ₹10 aggregating up to ₹113.16 Crores. The issue is priced at ₹171 to ₹171 per share. The minimum order quantity is 800 Shares. The IPO opens on June 25, 2024, and closes on June 27, 2024. Bigshare Services Pvt Ltd is the registrar for the IPO. The shares are proposed to be listed on NSE-SME.

When Petro Carbon & Chemicals Ltd IPO will open?

Answer Field

The Petro Carbon & Chemicals Ltd IPO opens on June 25, 2024 and closes on June 27, 2024.

What is the lot size of Petro Carbon & Chemicals Ltd?

Answer Field

Petro Carbon & Chemicals Ltd lot size is 800 shares, and the minimum amount required is ₹1,36,800.

How to apply for Petro Carbon & Chemicals Ltd IPO?

Answer Field

You can apply in Petro Carbon & Chemicals Ltd IPO online using either UPI or ASBA as payment method. ASBA IPO application is available in the net banking of your bank account. UPI IPO application is offered by brokers who don't offer banking services. To apply for an IPO:

• Login to Bajaj Broking account App/Website & click on IPO

• Enter the number of lots and price at which you wish to apply.

• Enter your UPI ID and click on submit. With this, your bid will be placed with the exchange.

• You will receive a mandate notification to block funds in your UPI app.

• Approve the mandate request on your UPI and funds will be blocked.

When is Petro Carbon & Chemicals Ltd IPO allotment?

Answer Field

The finalization of Basis of Allotment for Petro Carbon & Chemicals Ltd IPO will be done on June 28, 2024, and the allotted shares will be credited to your demat account by July 01, 2024.

When is Petro Carbon & Chemicals Ltd IPO listing date?

Answer Field

The Petro Carbon & Chemicals Ltd listing date is July 02, 2024.

Who is the registrar of Petro Carbon & Chemicals Ltd IPO?

Answer Field

The registrar of Petro Carbon & Chemicals Ltd IPO is Bigshare Services Pvt Ltd

Which company is the book-running lead manager of the IPO?

Answer Field

GYR Capital Advisors Pvt Ltd will be the book-running lead manager of this IPO.

What is the fresh issue of Petro Carbon & Chemicals Ltd IPO?

Answer Field

The fresh issue size is ₹[-] Crores equity shares.

What minimum lot size can retail subscribers subscribe to Petro Carbon & Chemicals Ltd?

Answer Field

Retail investors can subscribe to a minimum of one lot, 800 shares and ₹1,36,800 amount.

How can I approve the UPI mandate request for Petro Carbon & Chemicals Ltd IPO?

Answer Field

To apply for Petro Carbon & Chemicals Ltd IPO, you need to log in to your demat account to complete the bidding process. Then, approve the payment mandate on your UPI app.

What is the price range of Petro Carbon & Chemicals Ltd?

Answer Field

The price of each Petro Carbon & Chemicals Ltd share will be ranging in between ₹171 to ₹171 per share.

What is the cut-off time for the UPI mandate for Petro Carbon & Chemicals Ltd IPO?

Answer Field

The cut-off time for the UPI mandate confirmation is 5:00 PM, June 27, 2024.

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