Nilachal Carbo IPO opens from September 8 to September 11, 2025, aiming to raise ₹56.10 crore through a fixed price issue of 66 lakh shares at ₹85 each. Based in Bhubaneswar, the company specializes in manufacturing Low Ash Metallurgical (LAM) Coke, an essential raw material for steel production, with a well-established facility. Nilachal Carbo IPO offers investors exposure to the growing steel and metallurgy sector, backed by a strong customer base, technical expertise, and operational efficiency.
₹00
₹85
₹68.00
Expert Opinions
Market sentiment for Nilachal Carbo IPO is optimistic due to its strong presence in the metallurgical coke industry, essential for steel and ferroalloy production. The company’s strengths lie in its specialized manufacturing process, established clientele, and capacity expansion plans backed by fresh funds. Risks include raw material price volatility, regulatory challenges, and market demand fluctuations.
Valuation analysis for the financial year 2025 of the Nilachal Carbo IPO highlights a healthy Return on Equity (ROE) of 17.90%, Return on Capital Employed (ROCE) of 22.74%, and a Net Asset Value (NAV) of ₹35.07, showcasing good profitability and efficient asset use. From a long-term investment perspective, the IPO offers exposure to a growing metallurgical sector, driven by infrastructure development and increasing steel production.
Investor Considerations
Nilachal Carbo IPO has exhibited steady company performance and solid fundamentals, reporting a total revenue of ₹202.79 crore in FY 2025, with a profit after tax of ₹14.02 crore. The sector outlook remains positive due to growing demand for metallurgical coke in steel and foundry industries. The Nilachal Carbo IPO valuation for FY 2025 shows a Return on Net Worth (RoNW) of 17.90%, a PAT margin of 6.96%, and a Debt to Equity ratio of 0.30, indicating healthy profitability and low leverage.
Growth prospects are supported by planned capacity expansions and modernization efforts. Risks include raw material price volatility and sector cyclicality. Investors with a long-term horizon may benefit from the company’s strategic positioning in a critical industrial input segment, while short-term investors should be mindful of SME market liquidity and volatility.
| Date | GMP | Trend |
|---|---|---|
| 15 Sep 2025 11.35 | ₹00 | --- |
| 13 Sep 2025 11.04 | ₹00 | --- |
| 12 Sep 2025 15.59 | ₹00 | Down |
| 11 Sep 2025 20.18 | ₹5 | --- |
| 10 Sep 2025 13.33 | ₹5 | --- |
| 09 Sep 2025 11.27 | ₹5 | Up |
| 08 Sep 2025 13.25 | ₹00 | --- |
FAQs
The Grey Market Premium showed good accuracy in predicting Nilachal Carbo Metalicks IPO’s listing performance. With a final GMP of ₹0, it projected no listing gain over the issue price of ₹85. The stock listed at ₹68, delivering a loss of 20%. This resulted in a moderate prediction error of 20%, where the GMP correctly signaled a weak listing but underestimated the extent of the negative listing, reflecting fair reliability in this case.
Nilachal Carbo IPO Current GMP is ₹00.
Nilachal Carbo IPO Expected Returns is 0.00%.
Nilachal Carbo IPO estimated listing price is ₹85.