Petro Carbon and Chemicals IPO

Petro Carbon and Chemicals Limited, an ATHA Group company, was founded in 2007 and is engaged in the production of calcined petroleum coke (CPC) for the carbon industry. The company produces calcined petroleum coke, commonly known as CPC, from raw petroleum coke (RPC), also known as green petroleum coke, for use in the manufacture and production of aluminum, steel and various other carbon-based products. The company's production facility is located in Purba Medinipur, West Bengal, and has a capacity of around 93,744 tons of CPC per annum; the plant is spread over an area of around 30 acres. The company employs around 74 people at various levels in the areas of production, maintenance, marketing, sales, administration and corporate services. In addition, the company employs around 290 contract workers at its current production facility.

The objectives of the Offer are to: Achieve the benefits of listing the Equity Shares on the Stock Exchanges; and Carry out the Offer for Sale of up to Equity Shares by the Selling Shareholders.

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