What is the issue size of Hi-Green Carbon Ltd IPO?

Hi-Green Carbon Ltd IPO, which opens for subscription from to 25 September 2023 has an issue size of ₹52.8 crore. The issue type is book building issue.

I have pre-applied for Hi-Green Carbon Ltd IPO. When will my order get placed?

In case of pre-apply, your IPO order will be placed on the Exchange as soon as the official bidding for TBI Corn Ltd IPO begins. You will receive a UPI request within 24 hours after the bidding period opens.

What are the open and close dates for Hi-Green Carbon Ltd IPO?

Hi-Green Carbon Ltd IPO Opens for subscription from 21 September 2023 to 25 September 2023

What is the lot size and minimum order quantity of the Hi-Green Carbon Ltd IPO?

The lot size of Hi-Green Carbon Ltd is 1,600 shares. Retail investors can subscribe to minimum 1 lot and maximum 1 lots. The minimum and maximum application value is ₹1,20,000 and ₹1,20,000 respectively.

What are the allotment dates for the Hi-Green Carbon Ltd IPO?

Allotment date for Hi-Green Carbon Ltd is 28 September 2023 and refund of application amount (in case allotment is not received) will begin from 29 September 2023. If your allotment goes through, then shares will be credited in your Demat account by 3 October 2023.

Who is the registrar of Hi-Green Carbon Ltd IPO?

The registrar for Hi-Green Carbon Ltd IPO is MUFG Intime India Pvt Ltd. You can check your IPO allotment status on the registrar's website.

Where is the Hi-Green Carbon Ltd IPO getting listed?

The shares of Hi-Green Carbon Ltd are proposed to be listed on Bombay Stock Exchange (BSE) and National Stock Exchange (NSE)

Hi-Green Carbon Ltd IPO

Price Range
₹75
Min. Quantity
1,600 Shares
Closes on
25 September 2023
Min. investment
₹1,20,000

Hi-Green Carbon Ltd IPO Timeline

Event	Date
Hi-Green Carbon Ltd IPO Opening Date	21 September 2023
Hi-Green Carbon Ltd IPO Closing Date	25 September 2023
Basis of Allotment	28 September 2023
Initiation of Refunds	29 September 2023
Credit of Shares to Demat	3 October 2023
Hi-Green Carbon Ltd IPO Listing Date	28 September 2023

Hi-Green Carbon Ltd IPO Details

Hi-Green Carbon Ltd IPO Date	21 September 2023 to 25 September 2023
Hi-Green Carbon Ltd IPO Face Value	₹10 per share
Hi-Green Carbon Ltd IPO Price	₹75 to ₹0 per share
Hi-Green Carbon Ltd IPO Lot Size	1,600
Issue Size	Shares of ₹10 (aggregating up to ₹52.8 Cr)
Fresh Issue	Shares of ₹10 (aggregating up to ₹44.93 Cr)
Offer for Sale	Shares of ₹10 (aggregating up to ₹7.87 Cr)
Issue Type	Book Building - SME
Listing At	NSE - SME
QIB Shares Offered	-
Retail Shares Offered	-
NII (HNI) Shares Offered	-
Company Promoters	RNG Finlease Pvt Ltd, Amitkumar Hasmukhrai Bhalodi, Shaileshkumar Vallabhdas Makad

Hi-Green Carbon Ltd IPO Lot Size

The Hi-Green Carbon Ltd IPO lot size is 1,600 shares. A retail-individual investor can apply for up to 1 lots (1,600 shares or ₹1,20,000).

Application	Lots	Shares	Amount
Minimum	1	1,600	₹1,20,000
Maximum	1	1,600	₹1,20,000

Strengths
Risks
Opportunities

Experienced Promoters and Management Team.
Strategic Location of Manufacturing Facilities.
Innovative Technology.
Quality assurance.
Permanent Demand and Wide Application of Product.

Company Financials

Hi-Green Carbon Ltd Financial Information (Restated)

Period Ended	Total Assets	Total Revenue	Profit After Tax
03-2025	113.42	90.42	10.57
03-2024	105.34	70.61	10.28
03-2023	45.48	78.35	12.35
Amount in ₹ Crore

Objects of the Issue

The company proposes to utilise the Net Proceeds from the Fresh Issue towards funding the following objects:

Setting up of new manufacturing unit at maharashtra
To meet working capital requirements
General corporate purposes

Hi-Green Carbon Ltd IPO Promoter Holding

Pre Issue Share Holding	71.58%
Post Issue Share Holding	50.22%

Hi-Green Carbon Ltd IPO Subscription Status (Bidding Detail)

The Hi-Green Carbon Ltd IPO is subscribed 111.2389 times on 25 September 2023 05:00:00 PM. The public issue subscribed 0 times in the retail category, 0 times in the QIB category, and 0 times in the NII category. Check Day by Day Subscription Details (Live Status)

Category	QIB	NII	Retail	Employee	Total
Subscription (times)	-	-	-	-	111.2389

Hi-Green Carbon Ltd IPO Prospectus

Hi-Green Carbon Ltd RHP

Hi-Green Carbon Ltd IPO Listing Date

BSE Script
NSE Symbol
Listing In	NSE - SME
ISIN	INE0PIC01017
IPO Price	₹-
Face Value	₹-

Company Contact Information

Hi-Green Carbon Ltd
G-557 Lodhika Ind Est MetodaGIDC Gate No 3 Metoda Lodhika,Rajkot-360002
Phone: +91 92275 74010
Email: compliance@higreencarbon.com
Website: www.higreencarbon.com

Hi-Green Carbon Ltd IPO Registrar

Phone:+91 810 811 4949;
Email: higreencarbon.ipo@linkintime.co.in
Website: https://in.mpms.mufg.com

Hi-Green Carbon Ltd IPO Lead Manager(s)

Beeline Capital Advisors Pvt Ltd

How to Check the Allotment Status of Hi-Green Carbon Ltd IPO?

To check the IPO allotment status, follow these steps:

Visit the official website of the IPO registrar.
Navigate to the IPO Allotment Status page.
Select “Hi-Green Carbon Ltd” from the list of available IPOs.
Enter any one of these - PAN Number, Application Number, DP/Client ID.
Click on Submit to view your allotment status.

Alternatively, you can also check the allotment status on the stock exchange websites such as NSE or BSE.

About Hi-Green Carbon Ltd IPO

Hi-Green Carbon Limited was originally incorporated as 'Shantol Green Hydrocarbons (India) Private Limited' as a Private Limited company vide Certificate of Incorporation dated August 29, 2011 at RoC, Gujarat. Subsequently, the name of the Company was changed from 'Shantol Green Hydrocarbons (India) Private Limited' to 'Shantol Green Energy (India) Private Limited', dated November 04, 2011. Later on, to 'Shantol Green (India) Private Limited' dated March 15, 2017 and again to 'Hi-Green Carbon Private Limited', dated September 21, 2022. Further, the status of the Company got converted from a Private Limited to Public Limited and its name was changed to 'Hi-Green Carbon Limited' dated March 21, 2023.