Free Offer
Open Demat FREE
Apply in Hi-Green Carbon Ltd. IPO via ASBA / UPI
₹0 Opening Digital KYC 1-Click Apply
SEBI Regulated · 100% Secure · Under 5 Min
Home All IPOs Hi-Green Carbon Ltd. IPO
Hi-Green Carbon Ltd. IPO
NSE SME Bookbuilding IPO Fresh Capital-cum-Offer for Sale Closed Live Chart
GMP +₹0 +0% Est. Listing ₹75
Issue Price
₹75
Face ₹10
GMP
+₹0
+0% premium
Est. Listing
₹75
GMP based
Lot Size
1,600
shares / lot
Min Amount
₹120,000
1 lot · 1,600 shares
Live Price
tap to chart
Allotment
Important Dates
6/6 completed
Open
Close
Allotment
Refund
Demat
Listing
Done
Open Date
21 Sep 2023
Thu Completed
Done
Close Date
25 Sep 2023
Mon Completed
Done
Allotment
28 Sep 2023
Thu Completed
Done
Refund
29 Sep 2023
Fri Completed
Done
Demat Credit
03 Oct 2023
Tue Completed
Done
Listing Date
28 Sep 2023
Thu Completed
UPI Deadline: 25 Sep 2023
Issue Details
Pricing & Size
Issue Price
₹75 Face ₹10
Lot Size
1,600 shares
Min Investment
₹120,000
Total Issue Size
70,40,000 shares (aggregating up to ₹52.80 Cr)
IPO Information
Issue Type
Bookbuilding IPO
Sale Type
Fresh Capital-cum-Offer for Sale
Listing Exchange
NSE SME
Script / Ticker
-
Allocation Breakdown
Market Maker
4,20,800 (5.98%)
QIB Portion
33,07,200 (46.98%)
NII / HNI
9,95,200 (14.14%)
Retail
23,16,800 (32.91%)
Employee
-
Net Offer to Public
66,19,200 shares (aggregating up to ₹49.64 Cr)
Shareholding Pattern
Pre-Issue Shareholding
1,90,00,000 shares
Post-Issue Shareholding
2,49,90,000 shares
Application Size
CategoryMin LotsSharesAmount
Retail (sNII) 1 1,600 ₹1,20,000
HNI / NII 2 3,200 ₹2,40,000
Objects of Issue
3 objectives
1
Setting up of new Manufacturing Unit at Maharashtra
17.83 Cr
2
To Meet Working Capital Requirements
16.54 Cr
3
General Corporate Purpose
6.73 Cr
Lead Managers & Market Maker
Book Running Lead Managers
Beeline Capital Advisors Pvt.Ltd
Market Maker
Spread X Securities Pvt.Ltd.
IPO Timeline
Open
21 Sep
✓ Done
Close
25 Sep
✓ Done
Allotment
28 Sep
✓ Done
Listing
28 Sep
✓ Done
Registrar Details
MUFG Intime India Pvt.Ltd.
SEBI Registered Registrar & Transfer Agent
Phone
+91-22-4918 6270
Email
higreencarbon.ipo@linkintime.co.in
Company Contact
Email
compliance@higreencarbon.com
Phone
+91 92275 74010
Address
G-557, Lodhika Industrial Estate, Metoda G.I.D.C. Gate No. 3, Metoda, Lodhika Rajkot, Gujarat, 360021
Grey Market Premium
LIVE
Current GMP
+₹0
+0% vs Issue Price
Issue Price
₹75
Est. Listing
₹75
Lot Size
1,600 shares
P&L / Lot
+₹0
GMP is unofficial grey market data. Does not guarantee listing price or returns.
GMP Return Calculator
Estimated Listing
GMP %
Investment (1 Lot)
Total Investment
Expected P&L
ROI
Hi-Green Carbon Ltd. LIVE
INR ·
vs Issue
Open
High
Low
Mkt Cap
P/E
52W H
52W L
Vol
Div
Yld
Loading chart…
Live Chart Not Available
Hi-Green Carbon Ltd. is not yet listed or data is unavailable.
Chart will appear after listing
| Price
Market Reference
IPO Issue Price
₹75
GMP
+₹0 (+0%)
GMP Est. Listing
₹75
Previous Close
Exchange
Data from Yahoo Finance. May be delayed 15–20 min. GMP is unofficial. Not investment advice.
Category-wise Subscription
Category Sub (×) Offered Bid For Amt (Cr)*
QIB 33,07,200 (46.98%) ₹2,480.40 Cr
NII / HNI (Total) 9,95,200 (14.14%) ₹746.40 Cr
Retail Investors 23,16,800 (32.91%) ₹1,737.60 Cr
Total ** 70,40,000 (100.00%) ₹52,800.00 Cr
Market Maker * 4,20,800 (5.98%) ₹31.56 Cr
* Based on ₹75.00 (upper price band)
NII / HNI Breakdown
Shares Reserved
QIB
33,07,200 (46.98%)
NII
9,95,200 (14.14%)
Retail
23,16,800 (32.91%)
Market Maker
4,20,800 (5.98%)
* Shares Offered and Total Amount are indicative. ** Excluding Market Maker portion. Data sourced from exchange bidding platform.
Financial Summary
Amount in ₹ Lakhs
Metric31 Mar 202331 Mar 202231 Mar 2021
Revenue7903.905113.952429.39
PAT31084.78367.959.59
EBITDA
Net Worth2259.021174.23806.28
Total Assets4387.833424.363310.91
Reserves359.02-725.77-1093.72
Borrowings1362.191586.701783.10
Key Financial Ratios
63.19%
ROE
Return on Equity
64.70%
ROCE
Return on Capital Employed
48.02%
RONW
Return on Net Worth
0.60
D/E Ratio
Debt to Equity
5.71
Pre EPS
EPS Pre-Issue
13.13
Pre P/E
P/E Pre-Issue
17.28
Post P/E
P/E Post-Issue
About Hi-Green Carbon Ltd.

Incorporated in 2011, 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.

Frequently Asked Questions
What is the issue price of Hi-Green Carbon Ltd. IPO?
The issue price of Hi-Green Carbon Ltd. IPO is ₹75 per share, face value ₹10.
What is the lot size?
Minimum lot size is 1,600 shares, requiring ₹120,000.
What are the IPO dates?
Opens 21 Sep 2023, closes 25 Sep 2023.
When is the listing date?
Tentative listing: 28 Sep 2023 on NSE SME.
What is the current GMP?
Current GMP is +₹0, estimated listing ₹75 (+0%). GMP is unofficial.
How to apply?
Apply via ASBA through your bank, or via UPI through any broker app.

Check Allotment Status

Hi-Green Carbon Ltd. IPO · Expected 28 Sep 2023

Check on Registrar
Post-IPO Timeline
Allotment Date
28 Sep 2023
Refund Initiation
29 Sep 2023
Demat Credit
03 Oct 2023
Listing Date
28 Sep 2023
Live Price LIVE
Quick Facts
Closed
GMP Signal
Bullish
+₹0
+0%
Issue Price
₹75
Face ₹10
Lot Size
1,600
shares / lot
Min Amount
₹120,000
1 lot
Est. Listing
₹75
GMP +₹0
Key Dates
Open
21 Sep Done
Close
25 Sep Done
Listing
28 Sep Done
Registrar
MUFG Intime India Pvt.Ltd.
A
Sponsored
₹0 AMC · Apply IPOs via UPI
SEBI Regulated · Digital KYC in 5 min