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Hi-Green Carbon Ltd.

Hi-Green Carbon Ltd.

NSE SME · SME IPO
Listed NSE SME SME Live Chart
Issue Price
₹75
₹75
GMP (Grey Market)
NIL
Unofficial data only
Est. Listing Price
₹75
Based on GMP
Min. Investment
₹120,000
1 lot × 1600 shares
Subscribed
1.00x
Over-subscribed
IPO Details
Open Date
21 Sep 2023
Close Date
25 Sep 2023
Allotment
28 Sep 2023
Listing Date
28 Sep 2023
Exchange
NSE SME
Price Band
₹75
Listing Price
See chart
Allotment Status
Price Band
₹75
Per share
Face Value
₹10 per share
 
Lot Size
1,600 Shares
per lot
Issue Size
70,40,000 shares (aggregating up to ₹52.80 Cr)
Total offering
Issue Type
Bookbuilding IPO
 
Min Investment
₹120,000
1 lot
Pre-IPO Holding
1,90,00,000 shares
Promoters
Post-IPO Holding
2,49,90,000 shares
Promoters
P/E (Pre)
13.13x
 
P/E (Post)
17.28x
 
EPS (Pre)
₹5.71
 
UPI Deadline
2023-09-25
Mandate
Anchor AllotmentWed, 20 Sep 2023
Basis of AllotmentThu, 28 Sep 2023
Refund InitiationFri, 29 Sep 2023
Demat CreditTue, 03 Oct 2023
Listing DayThu, 28 Sep 2023
UPI Mandate Deadline2023-09-25
Sale TypeFresh Capital-cum-Offer for Sale
Net Offer to Public66,19,200 shares (aggregating up to ₹49.64 Cr)
Market Maker Quota4,20,800 shares (aggregating up to ₹3.16 Cr)
Fresh Issue Shares55,69,200 shares (aggregating up to ₹41.77 Cr)
Offer for Sale10,50,000 shares of ₹10 (aggregating up to ₹7.88 Cr)
QIB Quota50% of Net Issue
HNI / NII Quota15% of Net Issue
Retail Quota35% of Net Issue
Check AllotmentClick here →
Subscription Rate Final
Hi-Green Carbon Ltd. IPO subscribed 1.00 times overall. Retail: 1.00x. QIB: 1.00x. NII: 1.00x. By 25 Sep 2023.
QIB
1.00x
Over
NII/HNI
1.00x
Over
Retail
1.00x
Over
Total
1.00x
Over
Category Subscription Shares Offered % of Total Amount (₹Cr)
Market Maker
Awaited
420,800
₹3.16
QIB
Over 1.00x
NII / HNI
Over 1.00x
Retail
Over 1.00x
Total 1.00x
7,040,000
100% ₹52.80
IPO Shares Offered
Hi-Green Carbon Ltd. IPO total issue size: ₹52.80 Cr.
CategoryShares OfferedAmount (₹Cr)Size (%)
Market Maker 420,800 ₹3.16
5.98%
Total 7,040,000 ₹52.80
100.00%
* Based on upper price band ₹75 per share
Lot Size & Investment
Lot Size
1,600
Shares per Lot
Issue Price
₹75.00
Upper Band
Min Investment
₹120,000
1 Lot
ApplicationLotsSharesAmount
Retail (Min — 2 Lots)23,200₹240,000
Retail (Max — 13 Lots)1320,800₹1,560,000
S-HNI (Min — 14 Lots)1422,400₹1,680,000
B-HNI (Min — 68 Lots)68108,800₹8,160,000
* Issue Price ₹75 × Lot Size 1,600 shares
IPO Schedule
Anchor
20 Sep 2023
✓ Done
IPO Open
21 Sep 2023
✓ Done
IPO Close
25 Sep 2023
✓ Done
Allotment
28 Sep 2023
✓ Done
Refunds
29 Sep 2023
✓ Done
Demat Credit
03 Oct 2023
✓ Done
Listing Day
28 Sep 2023
✓ Done
Hi-Green Carbon Ltd. — Live Price LIVE
₹75.00
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Issue ₹75.00 Live Price
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.
Objects of the Issue
1
Setting up of new Manufacturing Unit at Maharashtra
2
To Meet Working Capital Requirements
3
General Corporate Purpose
Hi-Green Carbon Ltd. Financials (Amount in ₹ Lakhs)
Revenue from Operations
₹2,429.4
31 Mar 2021
₹5,114.0
31 Mar 2022
₹7,903.9
31 Mar 2023
Profit After Tax (PAT)
₹9.6
31 Mar 2021
₹368.0
31 Mar 2022
₹31,084.8
31 Mar 2023
Particulars31 Mar 202331 Mar 202231 Mar 2021
Revenue from Operations 7903.90 5113.95 2429.39
EBITDA N/A N/A N/A
Profit After Tax (PAT) 31084.78 367.95 9.59
Net Worth 2259.02 1174.23 806.28
Total Assets 4387.83 3424.36 3310.91
Reserves & Surplus 359.02 -725.77 -1093.72
Borrowings 1362.19 1586.70 1783.10
EBITDA Margin (%) N/A
PAT Margin (%) N/A
RoE
63.19%
RoCE
64.70%
RoNW
48.02%
Debt/Equity
0.60
Issue Structure & Shareholding
Total Shares Offered70,40,000 (100.00%)
Net Offer to Public66,19,200 shares (aggregating up to ₹49.64 Cr)
Reserved for Market Maker4,20,800 shares (aggregating up to ₹3.16 Cr)
Pre-Issue Promoter Holding1,90,00,000 shares
Post-Issue Promoter Holding2,49,90,000 shares
P/BV RatioN/A
RoE63.19%
RoCE64.70%
Debt / Equity0.60
Script CodeN/A
Registrar & Lead Managers
Book Running Lead Managers
Beeline Capital Advisors Pvt.Ltd
GMP Disclaimer: Grey Market Premium data is unofficial and unregulated. It does not guarantee actual listing price.
IPO Subscription FAQs
How much Hi-Green Carbon Ltd. IPO subscribed?

Hi-Green Carbon Ltd. IPO is subscribed 1.00 times by Sep 25, 2023. Retail: 1.00x. QIB: 1.00x. NII: 1.00x.

Investor CategorySubscription
Qualified Institutional (QIB)1.00x
Non Institutional (NII/HNI)1.00x
Retail Individual1.00x
Total Subscription1.00x
What is Hi-Green Carbon Ltd. IPO retail subscription status?

The Hi-Green Carbon Ltd. IPO retail category is subscribed 1.00 times as of 25 Sep 2023. The retail portion is oversubscribed.

How to subscribe Hi-Green Carbon Ltd. IPO?

Subscribe via your broker app using ASBA or UPI. Opens 21 Sep 2023 and closes 25 Sep 2023. Min investment: ₹120,000 (1 lot = 1,600 shares). UPI mandate: 2023-09-25.

How many times Hi-Green Carbon Ltd. IPO subscribed?

The Hi-Green Carbon Ltd. IPO subscribed 1.00x overall. QIB: 1.00x, NII: 1.00x, Retail: 1.00x. Applications: from NSE/BSE.

How to check Hi-Green Carbon Ltd. IPO allotment?

Check allotment on the registrar website (MUFG Intime India Pvt.Ltd.) at https://linkintime.co.in/Initial_Offer/public-issues.html. Enter your PAN, application number or DP/Client ID. Allotment date: 28 Sep 2023. Refunds: on 29 Sep 2023.

When Hi-Green Carbon Ltd. IPO will be listed?

The Hi-Green Carbon Ltd. IPO listing date is 28 Sep 2023, Thursday. Listed on: NSE SME. Issue price: ₹75. Estimated listing: ₹75. GMP: NIL.

When Hi-Green Carbon Ltd. IPO close?

The Hi-Green Carbon Ltd. IPO closes on 25 Sep 2023, Monday. UPI mandate: 2023-09-25. Allotment: 28 Sep 2023. Listing: 28 Sep 2023.