Hi-Green Carbon IPO will be Open on 21 September 2023 and closes on 25 September 2023. The company has fixed the price of this IPO at ₹71-₹75 according to the face value of ₹10. The company will raise ₹52.80 Crores through this IPO under the 7,040,000 Equity Shares public issue, and the offer is 100% Book Built Issue. The company reserve quota in this IPO 50% for QIB, 15% for NII and 35% Retail Investor. You can check Hi-Green Carbon IPO GMP here.
Hi-Green Carbon Limited is engaged in the business of waste tyres recycling. The company manufacturing plant operates on continuous pyrolysis process. The company process the end-of-life tyres (ELTs) pieces to produce energy components and raw materials. The company major products are Recovered Carbon Black (rCB) and Steel Wires under Raw Material Category, Fuel Oil and Synthesis Gas under Energy components category.
The company follow the highest quality practice and compliant with Highest Environmental, Health, and Safety (EHS) in recycle industries. The company has modern, Supervisory Control and Data Acquisition (SCADA) operated in integrated recycling plant at our manufacturing plant situated in Rajasthan. Our production facility at Rajasthan is installed with capacity of recycling of 100 MT waste tyres per day.
The company is proposing a new manufacturing plant in Dhule district of Maharashtra, with capacity of recycling of 100 MT waste tyres per day. Our company has already acquired land admeasuring 21,500 sq. meters for the said purpose. The said expansion will add to the company’s existing tyre processing capacity. You can check Hi-Green Carbon IPO subscription status here.
Objects Of The Issue :
- Setting up of new Manufacturing Unit at Maharashtra
- To Meet Working Capital Requirements
- General Corporate Purpose
- To meet Public Issue Expenses
Company Strengths :
- Experienced Promoter and Management Team
- Strategic Location of Manufacturing Facilities
- Innovative Technology
- Quality assurance
- Permanent Demand and Wide Application of Product
| Read also: Upcoming IPO List 2023 |
Hi-Green Carbon IPO Review :
| Details | Valuation |
| PAT 2023 : Issue Price : EPS 2023 : PE Ratio : ROE : RoNW : ROCE : Debt/Equity : NAV Value : Total Assets : Market Cap : Pre Holding : Post Holding : | ₹10.85 Cr ₹75 Per Shares 5.71 13.13x 63.19 % 48.02 % 64.70 % 0.60 ₹48.02 ₹43.88 Cr ₹187.43 Cr 100.00 % 71.83 % |
| Team Review : | ✔ Apply For Listing Gain & Long Term |
Hi-Green Carbon IPO GMP Live:
Hi-Green Carbon IPO GMP Or Grey Market Premium available here. The SME IPO GMP Premium updated Day By Day IPOs Running Period and the GMP Rates are Fluctuate and stable some times later. (GMP rates are Not 100% Guaranteed)
| Date | GMP | Subject Rate |
| 19 Sep 2023 | ₹30-₹31 | ₹36500 |
| 18 Sep 2023 | ₹30-₹31 | ₹36500 |
| 17 Sep 2023 | ₹30-₹31 | ₹36500 |
| 16 Sep 2023 | ₹30-₹31 | ₹36500 |
Hi-Green Carbon IPO Date & Price Band & Details :
| Issue Offer : | Book Built Issue |
| IPO Open : | 21 September 2023 |
| IPO Close : | 25 September 2023 |
| Face Value : | ₹10 Equity Share |
| Price Band : | ₹71-₹75 Per Share |
| Listing On : | NSE, SME |
| Issue Size : | ₹52.80 Cr {7,040,000 Shares} |
| Fresh Issue : | ₹44.93 Cr {5,990,000 Shares} |
| Offer For Sale : | ₹7.88 Cr {1,050,000 Shares} |
Hi-Green Carbon IPO Market Lot :
Hi-Green Carbon IPO Minimum Market lot is 1 Lot with 1600 shares with ₹120,000 Application amount. The retail investors can apply up to 1 lots with 1600 Shares or ₹120,000 amounts.
| Category | Lot | Share | Amount |
| Retail (Min) : | 1 | 1600 | ₹120,000 |
| Retail (Max) : | 1 | 1600 | ₹120,000 |
| S-HNI (Min) : | 2 | 3200 | ₹240,000 |
Hi-Green Carbon IPO Shares Offer :
A Total of 7,040,000 shares are to be bid for the public issue by Hi-Green Carbon IPO with 5,990,000 for Fresh issue and 1,050,000 for offer for sale.
| Category | Shares Offer | Amount |
| Fresh issue : | 5,990,000 | ₹44.93 Cr |
| Offer For Sale : | 1,050,000 | ₹7.88 Cr |
| Total : | 7,040,000 | ₹52.80 Cr |
Hi-Green Carbon IPO Net Reservation :
Hi-Green Carbon IPO Net Reservation of 7,040,000 shares are to be bid for the public issue by Hi-Green Carbon IPO with 3,307,200 for QIB and 993,600 for NII 2,316,800 For RII.
| Category | Reservation | Shares | Amount |
| QIB : | 50% | 3,307,200 | ₹24.80 Cr |
| NII : | 15% | 993,600 | ₹7.45 Cr |
| RII : | 35% | 2,316,800 | ₹17.38 Cr |
| MMRP : | – % | 420,800 | ₹3.16 Cr |
| Total : | 100% | 7,038,400 | ₹52.80 Cr |
Hi-Green Carbon IPO EPS & RoNW :
The Hi-Green Carbon company’s EPS & RoNW growth is an Increasing last financial year, which is shown to you in the table here.
| Year | EPS (Rs.) | RoNW % | NAV |
| 2023 | ₹5.71 | 48.02% | ₹11.89 |
| 2022 | ₹1.94 | 31.34% | ₹6.18 |
| 2021 | ₹0.05 | 1.19% | ₹4.24 |
Hi-Green Carbon IPO Peer Comparison PE :
The Hi-Green Carbon, According to DRHP of the there are no listed company in India.
| Sr. No. | Company | PE Ratio |
| 1. | There are no listed company in India | – |
Hi-Green Carbon IPO Dates :
Hi-Green Carbon IPO Date is 21 September 2023 and closes on 25 September 2023. The allotment will be finalized on 28 September 2023 and the IPO may list on 04 October 2023.
| Issue Open Date : | 21 September 2023 |
| Issue Close Date : | 25 September 2023 |
| Allotment Date : | 28 September 2023 |
| Refund Date : | 29 September 2023 |
| Share Credit Date : | 03 October 2023 |
| Listing Date : | 04 October 2023 |
Hi-Green Carbon IPO Form :
There are two ways to apply in Hi-Green Carbon IPO. You can apply for Hi-Green Carbon IPO through ASBA available in your bank account. You have to go to your online bank login and select Hi-Green Carbon IPO in the Invest section and apply through your bank account. Another option is you can apply Hi-Green Carbon IPO through IPO form download through NSE and BSE. See the Hi-Green Carbon IPO Form – Download the NSE Form and BSE Form IPO Form, fill it, and submit it to your bank or your broker.
Hi-Green Carbon Company Financial Report (lakh) :
| Year | Revenue | Expense | PAT |
| 2023 | ₹7,903.90 | ₹6,290.64 | ₹1,084.78 |
| 2022 | ₹5,113.95 | ₹4,647.14 | ₹367.95 |
| 2021 | ₹2,429.39 | ₹2,416.18 | ₹9.59 |
Company Promoters :
■ Mr. Amitkumar Hasmukhrai Bhalodi
Quick Link :
■ DRHP Draft Prospectus
■ RHP Draft Prospectus
■ Anchor Investor
Hi-Green Carbon IPO Lead Managers :
■ Beeline Broking Ltd
Hi-Green Carbon IPO Registrar :
Linkintime India Private Limited
Address:C-101, 247 Park, LBS Marg, Vikhroli (West),
Mumbai – 400083, Maharashtra, India
Tel. Number: +91 810 811 4949
Fax- + 91 22 4918 6195
Email Id: [email protected]
Investors Grievance Id: [email protected]
Website: www.linkintime.co.in
Note: Check Hi-Green Carbon IPO allotment status Visit IPOBAZAR Allotment Page And Search Your Registrar IPO Allotment Link. Click Here
Company Address :
Hi-Green Carbon Limited
G-557, Lodhika Industrial Estate,
Metoda G.I.D.C. Gate No. 3, Metoda,
Rajkot Lodhika Rajkot,
Gujarat-360021 India;
Telephone No.: +91 92275 74010
E-Mail: [email protected]
Web site: www.higreencarbon.com
Hi-Green Carbon IPO FAQs :
What is Hi-Green Carbon IPO?
Hi-Green Carbon IPO is SME IPO. They are going to raise ₹52.80 Crores via IPO. The issue is priced at ₹75 per equity share. The IPO to be listed on NSE, SME.
When Hi-Green Carbon IPO will open?
The IPO is to open on 21 Sep – 25 Sep for QIB, NII & RII.
How much is Hi-Green Carbon IPO Size?
Hi-Green Carbon IPO size is ₹52.80 Crores.
How much is the Fresh issue size of Hi-Green Carbon IPO?
The Fresh issue size of Hi-Green Carbon IPO ₹44.93 Cr.
How much is the Offer For Sale size of Hi-Green Carbon IPO?
The Offer For Sale size of Hi-Green Carbon IPO ₹7.88 Cr.
What is Hi-Green Carbon IPO Price Band?
Hi-Green Carbon IPO Price Band is ₹75 Per share.
What is the Hi-Green Carbon IPO Minimum and Maximum Lot Size?
The minimum bid is 1600 Shares with ₹120,000 amount while the maximum bid is 1600 shares with ₹120,000.
How much is Hi-Green Carbon IPO Investors Portion?
The investors’ portion for QIB 50%, NII 15%, RII 35%.
When is Hi-Green Carbon IPO Allotment Date?
Hi-Green Carbon IPO allotment date is 03 October 2023.
When is Hi-Green Carbon IPO Listing Date?
Hi-Green Carbon IPO listing date is 04 October 2023. The IPO to list on NSE, SME.
How to Apply the Hi-Green Carbon IPO through Zerodha?
Log in to Console in Zerodha Website. Go to Portfolio and Click on IPO. You will see the IPO Name “Hi-Green Carbon IPO”. Click on Bid Button. Enter your UPI ID, Quantity, and Price. Submit IPO Application Form. Now go to your UPI App on Net Banking or BHIM App to Approve the mandate.
How to Apply the Hi-Green Carbon IPO through Upstox?
Log in to Upstox Website or app. Go to Portfolio and Click on IPO. You will see the IPO Name “Hi-Green Carbon IPO”. Click on Bid Button. Enter your UPI ID, Quantity, and Price. Submit IPO Application Form. Now go to your UPI App on Net Banking or BHIM App to Approve the mandate.
How to Apply the Hi-Green Carbon IPO through Groww?
Log in to Groww Website or app. Now you can see IPOs and Click on IPO. You will see the IPO Name “Hi-Green Carbon IPO”. Click on Bid Button. Enter your UPI ID, Quantity, and Price. Submit IPO Application Form. Now go to your UPI App on Net Banking or BHIM App to Approve the mandate.
How to Apply the Hi-Green Carbon IPO through Paytm Money?
Log in to the Paytm Money Website or app. Now you can see Invest is IPOs Section and Click on IPO. You will see the IPO Name “Hi-Green Carbon IPO”. Click on Bid Button. Enter your UPI ID, Quantity, and Price. Submit IPO Application Form. Now go to your UPI App on Net Banking or BHIM App to Approve the mandate.
| Hi-Green Carbon GMP: Click Here Hi-Green Carbon Subscription: Click Here Hi-Green Carbon Allotment: Click Here Hi-Green Carbon Listing: Click Here |
All Hi-Green Carbon IPO-related links are available here. If you want to know the details then click on Click Here Link.
Disclaimer: STOCK MARKET INVESTMENTS ARE SUBJECT TO MARKET RISKS, READ ALL SCHEME RELATED DOCUMENTS CAREFULLY BEFORE INVESTING.