Hi-Green Carbon Limited IPO

Hi-Green Carbon Limited is an NSE SME IPO listed on the NSE SME platform, priced at ₹71–₹75 per share. The stock debuted at ₹77, delivering a listing gain of 2.7%. The IPO had a lot size of ₹1600 shares and a minimum investment of ₹1,20,000.

Hi-Green Carbon Limited IPO

NSE SME Listed
₹1,20,000 (1600 Shares)
Minimum Investment
Check Allotment
IPO Dates
Sep 21, 2023 – Sep 25, 2023
Price band
₹71-75 per equity share
Minimum Investment
₹1,20,000
Issue size
7,040,000 shares(aggregating up to ₹52.80 Cr)
Lot size
1600
Allotment Date
Sep 26, 2023
Listing
Sep 28, 2023
Listing At
NSE SME

IPO timeline

  1. Sep 21, 2023

    Open Date

    Completed

  2. Sep 25, 2023

    Close Date

    Completed

  3. Sep 26, 2023

    Allotment Date

    Completed

  4. Sep 28, 2023

    Listing Date

    Completed

Hi-Green Carbon Limited IPO Essentials

Hi-Green Carbon Limited IPO Details

Hi-Green Carbon Limited IPO is priced at ₹71-75 per share with a total issue size of 7,040,000 shares(aggregating up to ₹52.80 Cr). The IPO has a lot size of 1600 shares and is listed on NSE SME.

Issue price
₹71-75 per equity share
Lot size
1600 shares
Face value
₹10 Per Equity Share
Issue size
7,040,000 shares(aggregating up to ₹52.80 Cr)
Listing at
NSE SME
List price
77.0
Listing date
Registrar
Link Intime India Private Ltd
Lead manager
Beeline Broking Ltd

Hi-Green Carbon Limited IPO Details

  • Retail Portion 35%

Hi-Green Carbon Limited IPO Documents

Hi-Green Carbon Limited IPO Analytics

Hi-Green Carbon Limited IPO category-wise subscription trends show day-wise participation across QIB, NII, and retail investors.

Hi-Green Carbon Limited IPO Subscription Status

Hi-Green Carbon Limited IPO subscription status shows demand across retail, NII, and QIB categories, helping investors understand overall participation trends.

The IPO subscription status indicates investor demand across categories.

As on QIB / NII Retail Total
Day 1 - 21-09-23 05:00 PM (7.92/3.43) x 10.89 x 8.44 x
Day 2 22-09-23 05:00 PM
(10.86/19.00) x 36.56 x 25.46 x
Day 3 25-09-23 05:00 PM
(69.95/236.80) x 196.35 x 168.95 x

Hi-Green Carbon Limited Valuations

Earnings

EPS (Post IPO)
₹5.71/-
P/E Ratio
13.13

Returns

RoNW
48.02%

Data sourced from DRHP / RHP • For educational purposes only

Hi-Green Carbon Limited Financials( In Lakhs)

31-Mar-23 31-Mar-22 31-Mar-21
Assets 4,387.83 3,424.36 3,310.91
Revenue 7,903.90 5,113.95 2,429.39
Profit After Tax 1,084.78 367.95 9.59

Hi-Green Carbon Limited Company & Offer Insights

About Hi-Green Carbon Limited

Hi-Green Carbon Limited, previously known as Shantol Green Hydrocarbons (India), is engaged in the business of waste tyres recycling.

Hi-Green Carbon's manufacturing plant is located in Rajasthan. The plant operates on a continuous pyrolysis process. It is an uninterrupted working method with a continuous feeding and discharging system controlled by the program logic controller system. It is a fully automatic process and requires almost no human intervention. The plant is installed with a capacity of recycling 100 MT waste tyres per day.

The company's product portfolio includes Recovered Carbon Black (rCB) and Steel Wires under the Raw Material Category, Fuel Oil and Synthesis Gas under the Energy components category. Synthesis Gas is further used in manufacturing sodium silicate commonly known as raw glass.

The company is planning to construct a new manufacturing plant in the Dhule district of Maharashtra, with a capacity of recycling 100 MT waste tyres per day, spanning across 21,500 sq. meters.

Hi-Green Carbon has been certified with Environmental Management Measures with ISO 14001:2015, Occupational Health & Safety Management standards with ISO 45001:2018, Quality Management Standards with ISO 9001:2015, Good Manufacturing Practice (GMP) and RoHS. Its product is REACH compliant in terms of sustainability standards.

Hi-Green Carbon Limited IPO Issue Objectives

Setting up of new Manufacturing Unit at Maharashtra.
To Meet Working Capital Requirements.
General Corporate Purpose.
To meet Public Issue Expenses.

Contact Information

Frequently Asked Questions

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Hi-Green Carbon Limited IPO is a book-built IPO worth ₹7,040,000 shares(aggregating up to ₹52.80 Cr). The price band is ₹71–₹75 per share. The IPO opens on Sep 21, 2023 and closes on Sep 25, 2023. It will be listed on NSE SME Platform. Link Intime India Private Ltd is the registrar.

The price band of Hi-Green Carbon Limited IPO is ₹71 to ₹75 per share.

The lot size of Hi-Green Carbon Limited IPO is 1600 shares.

The minimum investment for Hi-Green Carbon Limited IPO is approximately ₹1,20,000 based on the upper price band .

Hi-Green Carbon Limited IPO opens on Sep 21, 2023 and closes on Sep 25, 2023.

The allotment date of Hi-Green Carbon Limited IPO is Sep 26, 2023.

Hi-Green Carbon Limited IPO is expected to be listed on Sep 28, 2023, on NSE SME Platform.

Hi-Green Carbon Limited IPO valuation snapshot: P/E 13.13, EPS ₹5.71/-, P/B N/A, RoNW 48.02%, and market cap N/A.

To apply for Hi-Green Carbon Limited IPO, open the IPO Ji app or website, select the IPO, choose your demat account, enter the quantity, and submit the application.

You can check the live subscription status of Hi-Green Carbon Limited IPO on IPO Ji or stock exchange websites. It shows real-time demand across retail, NII, and QIB categories.

Pre-apply allows investors to submit their IPO application before the bidding period starts. The order is placed automatically when the IPO opens.

If you pre-apply for Hi-Green Carbon Limited IPO, your order will be placed when the IPO bidding starts, and a UPI mandate request will be generated.

You can check Hi-Green Carbon Limited IPO allotment status on the registrar or stock exchange websites using your PAN or application number after allotment. You can also check the Hi-Green Carbon Limited IPO allotment status on IPO Ji for quick and easy access.