Hi-Green Carbon Limited
IPO Details
Subscription
Lot Distribution
Reservation
Company Fin.
₹35(46.67%)
Premium (ELP)
Following its successful public offering, Hi-Green Carbon Limited's made its market debut on Sep 28, 2023 and is now actively traded on the NSEplatform. The IPO mobilized 70,40,000 Shares in total capital, including 59,90,000 Shares in primary equity infusion and ₹7.88 Cr in secondary share sales.
The offering was structured with a price band of ₹71 to ₹75 and minimum investment lots of 1600 shares. Investor participation during the subscription window from Sep 21, 2023 to Sep 25, 2023 demonstrated market confidence in the company's prospects.
The allotment process concluded on Sep 26, 2023, allocating shares to successful bidders. The listing represents the culmination of the IPO process, transitioning the company to publicly traded status with enhanced transparency and governance standards.
Investors can bid starting from the minimum lot size specified for this IPO, and only in multiples of that lot size. The table below shows the minimum and maximum investment for retail investors and HNIs in terms of lots, quantity, and amount.
Incorporated in 2011, Hi-Green Carbon Limited is a waste tyre recycling company operating a fully automated continuous pyrolysis plant in Rajasthan, capable of recycling 100 MT of waste tyres per day. The company extracts recovered carbon black (rCB) and steel wires as raw materials, along with fuel oil and synthesis gas as energy components, with synthesis gas also used to produce sodium silicate (raw glass). Hi-Green Carbon is also setting up a second plant in Dhule, Maharashtra with similar capacity. The company is certified with ISO 9001, ISO 14001, ISO 45001, GMP and RoHS, and its products comply with REACH sustainability standards.
Note : "Calculations for ‘Shares Offered’ and ‘Total Amount’ are based on the highest price in the issue price band."
NA
NA
- Mr. Amitkumar Hasmukhrai Bhalodi
- Dr. Shaileshkumar Vallabhdas Makadia
- Mrs. Krupa Chetankumar Dethariya
- Mrs. Radhika Amitkumar Bhalodi
- Mrs. Shriyakumari Shaileshkumar Makadia
- Mr. Koosh Chetankumar Dethariya
Hi-Green Carbon Limited
Link Intime India Private Limited