Hi-Green Carbon Limited IPO
NSE SMEListed On: Sep 28, 2023 at ₹ 77.0
₹ 240000 /3200 Shares
*Min Investment
21 Sep, 2023
Open Date25 Sep, 2023
Close Date26 Sep, 2023
Allotment Date28 Sep, 2023
Listing DateHi-Green Carbon Limited IPO Issue Details
- Issue Price ₹71-75 per equity share
- Face Value ₹10 Per Equity Share
- Issue Price 7,040,000 shares(aggregating up to ₹52.80 Cr)
- Listing at NSE SME
- List Price 77.0
- Listing Date 2023-09-28
- Lead Manager Beeline Broking Ltd
- Registrar Link Intime India Private Ltd
Hi-Green Carbon Limited IPO Details
- Retail Portion 35%
Hi-Green Carbon Limited IPO Documents
Hi-Green Carbon Limited IPO Details
Hi-Green Carbon Limited IPO is an SME IPO, priced at ₹71-75 per equity share. The equity shares have a face value of ₹10 Per Equity Share each and will be listed on the NSE SME platform.
The IPO bidding window is open from Sep 21, 2023 to Sep 25, 2023. The allotment is expected to be finalized on Sep 26, 2023, and the tentative listing date is Sep 28, 2023.
The registrar of the IPO is Link Intime India Private Ltd, and
Hi-Green Carbon Limited IPO Subscription Analysis And Details
| 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
Hi-Green Carbon Limited Company Financials
| 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 |
About Hi-Green Carbon Limited Company
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 - Promoter(s)
Pre Issue Share Holding : 100%
Post Issue Share Holding : 71.83%
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.
Hi-Green Carbon Limited IPO - FAQs
Ans. Hi-Green Carbon Limited IPO is a SME IPO. The issue is priced at ₹71-75 per equity share. The minimum order quantity is 1600 Shares. The IPO opens on Sep 21, 2023, and closes on Sep 25, 2023. Link Intime India Private Ltd is the registrar for the IPO. The shares are proposed to be listed on NSE SME.
Ans. The Hi-Green Carbon Limited IPO opens on Sep 21, 2023 and closes on Sep 25, 2023.
Ans. You can track the real-time subscription numbers using the links below:
Ans. The size of Hi-Green Carbon Limited IPO is 7,040,000 shares(aggregating up to ₹52.80 Cr).
Ans. The Hi-Green Carbon Limited IPO price band is set between ₹71-75 per equity share.
Ans. To apply for Hi-Green Carbon Limited IPO, follow the steps given below:
- - Open the IPO Ji App or Website
- - Find Hi-Green Carbon Limited IPO in the List of IPOs
- - Press Apply Button
- - Select Your Demat Account
- - Select Your Shares Quantity and Submit
- - Track Your IPO Status
Ans. The share allotment date of Hi-Green Carbon Limited IPO is Sep 26, 2023.
Ans. The Hi-Green Carbon Limited IPO will be listed on Sep 28, 2023.
Ans. Follow the steps to check the Hi-Green Carbon Limited IPO allotment status online.
