Petro Carbon and Chemicals IPO Achieved 83.83x Subscription in Three Days!

Petro Carbon and Chemicals Ltd's IPO achieved an 83.83x subscription by Day 3, reflecting strong investor interest and confidence in the company's future market prospects.
Petro Carbon and Chemicals IPO Achieved 83.83x Subscription in Three Days!

Petro Carbon and Chemicals Ltd IPO has experienced significant demand, with the issue being subscribed 83.83 times by the end of Day 3. This strong subscription rate demonstrates robust investor interest and optimism about the company’s market prospects.

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 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.

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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