Petro Carbon & Chemicals Limited was incorporated as Petro Carbon and Chemicals Private Limited' in Kolkata, West Bengal as a Private Limited Company, pursuant to a Certificate of Incorporation dated November 05, 2007 Issued by Deputy Registrar of Companies, West Bengal. Thereafter, Company converted to a Public Limited, and the name of Company was changed to Petro Carbon and Chemicals Limited, and a fresh Certificate of Incorporation dated February 23, 2024 was Issued by the RoC to Company.
Petro Carbon & Chemicals Limited is a ATHA Group Company engaged in manufacturing and marketing of Calcined Petroleum Coke (CPC) in the carbon industry. It is a 70 year old diversified Indian business house headquartered in Kolkata. The Company was founded by Mr. Kishor Kumar Atha in 1957 in Odisha as a Mining and Minerals company.
The Company's plant was operational since year 1975, wherein the detailed engineering and layout of the plant was done by Engineers India Limited. This plant was later acquired, revamped and upgraded by the Group in 2008. Calcined Petroleum Coke commonly known as CPC is produced from Raw Petroleum Coke (RPC) also called the Green Petroleum Coke. The result of the calcining process is converting green coke to hard, dense and almost pure carbon with low hydrogen content, good electrical conductivity and a defined structure. These properties alongwith low metals and ash contents make calcined petroleum coke the best material currently available for making c ...arbon anodes for smelting of alumina to aluminium in the electrolytic smelting process. CPC holds significant importance in the manufacturing of aluminium, and is also utilised in the production of steel and various other carbon-based products. It is widely used in aluminium industry, titanium dioxide industry, electrode manufacturing industry, foundry industry, glass industry metallurgical and chemical industry, and steel industry etc. The process entails heating raw petroleum coke to eliminate volatile impurities, resulting in enhanced properties that make it highly suitable for various manufacturing processes.
On June 27, 2024, Company launched the IPO by issuing 66,17,600 equity shares of Rs 10 each and raised Rs 113.16 crores through offer for sale.
FAQs on Petro Carbon & Chemicals Ltd
1. Can I buy Petro Carbon & Chemicals Ltd from PL Capital? ›
Yes, you can invest in Petro Carbon & Chemicals Ltd shares directly through PL Capital. Our platform provides a seamless and secure way to buy, hold, and track Petro Carbon & Chemicals Ltd stock along with other leading companies listed on the NSE and BSE. Simply open a Demat and trading account with PL Capital, and you’ll be able to trade Petro Carbon & Chemicals Ltd as well as diversify your portfolio across equities, mutual funds, IPOs, and more.
2. Does Petro Carbon & Chemicals Ltd pay dividends? ›
Petro Carbon & Chemicals Ltd does not currently pay dividends. Investors in this case primarily benefit from capital appreciation, where the value of the stock may rise over time depending on business growth and market conditions.
3. What is the current share price of Petro Carbon & Chemicals Ltd ? ›
As of
01-Jan-1980 , 00:00:00 the share price for Petro Carbon & Chemicals Ltd. is ₹ 225.05 on the NSE (Note: Prices are dynamic and update frequently during market hours).
4. What is the 52-week high and low of Petro Carbon & Chemicals Ltd ? ›
The 52-week high and low of Petro Carbon & Chemicals Ltd share price is ₹ - ₹ as of
01-Jan-1980 , 00:00:00 .
