About Unquoted/ Illiquid Shares of INDIA CARBON LIMITED
INDIA CARBON LIMITED was established in 1961 and was the first company to set up a calcination plant in Asia in Guwahati. Since its initial days, the company has had technical and financial collaborations with Oxbow Calcining LLC, USA. The company established its second calcination plant in Budge Budge, West Bengal in 1969.
The company’s primary business is to manufacture and supply Calcined Petroleum Coke (CPC), which is the purest form of Carbon, having 99.5% of carbon in it. Apart from CPC, the company also produces Electrode Carbon Paste (EPC) and Tamping Paste, which are used in Ferro Alloys & Allied industries, and in carbide production.
Some of the customers of India Carbon Limited in the aluminium industry are Hindalco, National Aluminium Company Limited (NALCO), Madras Aluminium Company Limited (MALCO), and Bharat Aluminium Company Limited (BALCO). The company also sell its products to the steel sector, and some of its prominent customers in are steel industry are the Steel Authority of India Limited (SAIL), Tata Iron and Steel Company Limited (TISCO) and Essar Steel.
Apart from the production of carbon products, the company is also in the space of Floriculture and has established Orchid Farms in Guwahati. The flowers are currently being sold in New Delhi, Mumbai, Bangalore, and Kolkata.
The equity shares of the company are listed on the Calcutta Stock Exchange of India.
India Carbon Share Price, Share Details as of March 31, 2026
|
India Carbon Outstanding Shares: |
26,50,000 |
|
Face Value of India Carbon Share |
Rs. 10/- Per Equity Share |
|
ISIN of India Carbon Share |
INE743B01015 |
|
Lot Size of India Carbon Share |
100 |
|
India Carbon Share Price |
Best In Industry |
|
PAN Number of India Carbon |
AAACI6148L |
|
GST Number of India Carbon |
18AAACI6148L1Z9 |
INCORPORATION DETAILS
|
CIN |
L23101AS1961PLC001173 |
|
Registration Date |
12 June 1961 |
|
Category/Sub-category of the Company |
Company Limited by Shares |
|
Address of the Registered office |
Noonmati, Guwahati, Assam-781020 |
|
Name, Address and Contact Details of Registrar and Transfer Agent, if any |
C B Management Services (P) Limited P-22, Bondel Road, Kolkata-700019 Phone: 40116700/11/18/23, 2280-6692/93/94 Email: rta@cbmsl.com |
PRINCIPAL BUSINESS ACTIVITIES OF THE COMPANY
|
Name and Description of main products/services |
NIC Code of the product/service |
% to total turnover of the Company |
|
Calcined Petroleum Coke |
NA |
93.02% |
|
Electrode Carbon Paste |
NA |
5.96% |
|
Thermal Carbon(Tempering) Paste |
NA |
0.13% |
|
Desiccated Petroleum Coke Powder |
NA |
NA |
|
Raw Petroleum Coke |
19109 |
0.89% |
|
Others |
NA |
NA |
BOARD OF DIRECTORS
Mr Rakesh Himatsingka(Chairman and Managing Director)
Mr. Shaurya Veer Himatsingka(Deputy Managing Director & CEO)
Mr Gordon Kenneth Mcintosh
Mr Tony William Grims
Mr. Hemant Kumar Khaitan
Mr Manoj Mohanka
Mr. Soumendra Mohan Basu
Mr. Sunirmal Talukdar
Mrs Susmita Ghose
SHAREHOLDING PATTERN (As of 31-03-2026)
|
Category |
No. of Shares |
% of Shares held |
|
Promoters |
13,11,788 |
49.51% |
|
Public Shareholding |
13,38,212 |
50.49% |
|
Total |
26,50,000 |
100% |
INDUSTRY OUTLOOK
Calcined Petroleum Coke (CPC) is used in the manufacturing of Graphite, as an Anode in Alumina Smelters, as Soderberg's Electrode for Ferroalloy Industries, as Thermal Paste for Ferro Alloys & allied industries in Submerged Arc Furnaces. It is also used for melting steel, and for making special steel and alloys.
Aluminium is the 2nd most used metal in the world after steel. Its consumption reached 65 million tonnes in 2020. India is the 4th largest producer of aluminium in the world. It produces around 5.3% of the global aluminium output. In FY 2020, the growth of primary consumption of aluminium fell by 2% from the growth of 3% in FY 2019. Excluding China, the whole world reported consumption degrowth of around 4% in FY 2020. In the Indian market, aluminium production fell by 2% in FY 2020, while domestic consumption declined by around 6 to 7%.
Primary aluminium exports from India surged almost 50% during the first quarter of FY 2021which helped domestic producers to tackle a sharp decline in domestic demand, in the wake of the COVID-19 pandemic in Q1FY 2021. However domestic demand returned with the easing of restrictions in Q2 and exports moderated. Exports grew by just 6.8% y-o-y in Q2 as compared to 50% growth in the June 2020 quarter. Share of export in total production also reached the pre-covid level of 56% in the month of December 2020 after peaking at 78% in April 2020.
The present requirement of CPC by the aluminium smelters is approximately 1.5Million Mts, and in addition, there is a substantial requirement by the Steel, Graphite Electrodes, Titanium dioxide, Ferro alloys and other miscellaneous Industries at around 0.5Million Mts, taking the total requirement to around 2.0Million Mt., which is in part met by imports of CPC, mainly from China.
FAQS ON INDIA CARBON LTD
Q: What is the face value of India Carbon Ltd shares?
Answer: The face value of India Carbon Ltd is ₹10 per equity share.
Q: What is the minimum lot size for buying India Carbon shares through WWIPL?
Answer: The minimum lot size for India Carbon shares is 100 equity shares.
Q: How can I buy India Carbon unlisted shares through WWIPL?
Answer: Investors can complete the KYC process, confirm the transaction details with WWIPL, transfer funds, and receive shares directly in their Demat account.
Q: Why should I buy India Carbon shares through WWIPL?
Answer: WWIPL offers transparent pricing, secure transactions, seamless Demat transfers, and dedicated support throughout the investment process.
Q: Is investing in India Carbon Ltd a good idea?
Answer: Investors often evaluate India Carbon based on its leadership in calcined petroleum coke manufacturing, established customer base, financial performance, and long-term growth potential in the carbon products industry.
Q: Why do investors buy India Carbon shares before a potential IPO?
Answer: Investors seek early exposure to an established carbon products manufacturer before listing, aiming to participate in future value creation and potential liquidity events.
Q: What business does India Carbon Ltd operate in?
Answer: India Carbon Ltd is engaged in the manufacture and supply of Calcined Petroleum Coke (CPC), Electrode Carbon Paste (ECP), Tamping Paste, and other carbon products used by the aluminium, steel, ferro-alloy, graphite electrode, titanium dioxide, and carbide industries. The company also has a floriculture business through orchid farms.
Q: When was India Carbon Ltd incorporated?
Answer: India Carbon Limited was incorporated on 12 June 1961 and was the first company in Asia to establish a calcined petroleum coke plant.
Q: What makes India Carbon different from other unlisted carbon product companies?
Answer: India Carbon has over six decades of operating history, long-term relationships with major aluminium and steel manufacturers, and is one of India's leading producers of calcined petroleum coke.
Q: What are the key growth drivers for India Carbon Ltd?
Answer: Rising aluminium production, increasing steel demand, infrastructure development, growth in graphite electrode consumption, and higher industrial demand for carbon products are key growth drivers.
Q: What factors affect the valuation of India Carbon shares?
Answer: Revenue growth, profitability, production capacity, raw material availability, demand from aluminium and steel industries, operating margins, and future listing prospects are important valuation drivers.
Q: Are India Carbon shares available in Demat form?
Answer: Yes. Shares purchased through WWIPL are transferred directly to the investor's Demat account.
Q: Can I sell India Carbon shares through WWIPL?
Answer: Yes. WWIPL facilitates both buying and selling of unlisted shares, subject to market demand and share availability.
Q: What documents are required to buy India Carbon shares through WWIPL?
Answer: Investors generally need PAN, Aadhaar, Client Master Report (CMR), and bank account details to complete the transaction.
Q: What are the risks of investing in India Carbon shares?
Answer: Investors should consider raw material price volatility, cyclicality in the aluminium and steel industries, energy costs, environmental regulations, profitability fluctuations, and liquidity constraints associated with unlisted shares.
Q: How does WWIPL help investors track India Carbon investments?
Answer: WWIPL provides company updates, transaction assistance, market information, and investment insights to help investors stay informed.
Q: How long does it take for India Carbon shares purchased through WWIPL to be credited to a Demat account?
Answer: Shares are generally transferred to the investor's Demat account after successful completion and verification of the transaction.
Q: What should investors evaluate before investing in India Carbon Ltd?
Answer: Investors should assess the company's financial performance, production capacity, customer base, profitability, valuation, raw material sourcing, and long-term growth prospects.
Q: Can India Carbon benefit from the growth of India's aluminium and steel industries?
Answer: Yes. Increasing domestic aluminium production, steel capacity expansion, infrastructure development, and rising demand for carbon products may create significant long-term growth opportunities for the company.