Petro Carbon and Chemicals IPO On Day 2 Hits 7.03 Times Subscription!

Petro Carbon and Chemicals Ltd's IPO sees significant demand with a 7.03x subscription by Day 2, reflecting strong investor confidence in the company's growth and potential.
Petro Carbon and Chemicals IPO On Day 2 Hits 7.03 Times Subscription!

Petro Carbon and Chemicals Ltd IPO  has garnered notable interest, achieving a subscription rate of 7.03 times by the end of Day 2. This significant demand indicates strong investor confidence in the company’s future growth and potential.

How To Check Petro Carbon and Chemicals Limited IPO Subscription Status?

Steps to check the IPO subscription status on NSE

Following are the steps to check it through the NSE website

  • Visit NSE‘s official website.
  • Navigate to the ‘Market Data’ tab.
  • Choose ‘IPO’.
  • Select the Petro Carbon and Chemicals Limited IPO to check its subscription status.
  • Opt for either NSE Bid details or Consolidated Bid details.
  • Explore the total number of bids received from various investors. 

Petro Carbon and Chemicals IPO Allotment Status

The allotment date for Petro Carbon and Chemicals is set for July 1, 2024, with shares priced at a range of ₹162 to ₹171 per share and a face value of ₹ 10. The offering consists of lots of 800 shares, with bids accepted for these lots or their multiples. 

Petro Carbon and Chemicals IPO Subscription Status

Petro Carbon and Chemicals Ltd IPO had received modest interest on Day 1, with the issue being subscribed 1.83 times. This initial subscription rate indicates moderate investor interest in the company’s debut in the market.

Petro Carbon and Chemicals Limited IPO Listing Date 

Petro Carbon and Chemicals IPO is expected to be listed on the NSE SME on July 2, 2024

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