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Hi-Green Carbon Limited

HIGREEN

₹71-75

per share
Bidding Dates
21-25 Sep
Min. Investment
₹1,13,600.00
Lot Size
1600 shares
Issue Size
₹52.8 Cr
IPO Timeline
Bidding starts
21 Sep ‘23
Bidding ends
25 Sep ‘23
Allotment finalisation*
27 Sep ‘23
Refund initiation*
27 Sep ‘23
Demat transfer
27 Sep ‘23
Listing
28 Sep ‘23
* Refund is a 7-10 days process. If you don’t get refund then please contact your bank.

About the Hi-Green Carbon Limited IPO: 

Incorporated in 2011 and headquartered in Rajkot, Gujarat Hi-Green Carbon Limited is a fast growing private enterprise in the renewable energy sector. The core focus is on Renewable Energy with a diversified balanced portfolio stretching from castings, consumer goods, corporate farming, packaging and herbal products.

Business of Hi-Green Carbon Limited is divided into 4 verticals: 

  1. Sale of Recovered Carbon Black (rCB)

  2. Sale of Fuel Oil

  3. Sale of Sodium Silicate Glass

  4. Sale of Steel Wires

Now, Hi-Green Carbon Limited is coming out with its initial public offer (IPO). The Issue Proceeds from the Fresh Issue will be utilised towards the following objects:

  1. Setting up of new Manufacturing Unit at Maharashtra

  2. To Meet Working Capital Requirements

  3. General Corporate Purpose

  4. To meet Public Issue Expenses

Here are key details about the Hi-Green Carbon Limited IPO: 

Company Name Hi-Green Carbon Limited     Company Type Private
 IPO Type SME   Hi-Green Carbon Limited IPO Opening Date 21 September 2023
Hi-Green Carbon Limited IPO Closing Date 25 September 2023   Hi-Green Carbon Limited IPO Allotment Status 28 September 2023
Credit of Shares to the Demat Account 3 October 2023   Hi-Green Carbon Limited IPO Listing Date 4 October 2023 
Hi-Green Carbon Limited IPO Face Value ₹ 10 per share   Hi-Green Carbon Limited IPO Lot Size 1600 shares
Hi-Green Carbon Limited IPO Issue Size  ₹ 52.80 crore   Hi-Green Carbon Limited IPO to be Listed on NSE SME
Hi-Green Carbon Limited IPO Price band   ₹ 71-75 per share      

IPO analysis

Registrar information
Name
Link Intime India Private Ltd
Phone number
91-22-4918 6270
Email ID
higreencarbon.ipo@linkintime.co.in

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