Punjab Carbonic Limited filed its Draft Red Herring Prospectus with SEBI, BSE and NSE on April 6, 2026 for an IPO.
The issue will comprise up to 95 lakh equity shares of ₹10 face value, including 60 lakh fresh issue and 35 lakh offer‑for‑sale shares.
Proceeds will fund two CO₂ recovery units (120 MTPD, 90 MTPD) in Andhra Pradesh and CO₂ tanker logistics.
Additional funds will be used to expand PGPL’s ethanol distillery by 35 KLPD, repay borrowings, and meet general corporate purposes.