Hi-Green Carbon Limited IPO is set to launch on 21 September, 2023. The company initiated its business operations in the year 2011. It basically recycles the waste tyres. The manufacturing facility of the company is located in Rajasthan. The facility works on a unique pyrolysis process. The system installed is fully automated and can recycle 100 MT waste tyres per day. The profit portfolio of the firm ranges from fuel and synthesis Gas in Energy and Steel wires and Recovered black carbon in raw material. The new facility will be manufactured in Maharashtra with the capacity of 100 MT per day across 21500 sq feet.
Hi-Green Carbon Limited IPO is set to launch on 21 September, 2023. The subscription timeline extends till 25 September, 2023. The size for the IPO is 52.80 Crore Rs. Shares issued through fresh issue mode are worth 44.93 Crore Rs. Shares issued through offer for sale mode are worth Rs 7.88 Crore Rs. The lot size is 1600 shares and the price is 71 Rs to 75 Rs per share. The company is going to get listed at NSE SME. The face value per share is Rs.10 and this is a Book Built issue. The registrar for the company is Link Intime India Private Limited.
IPO OPENING DATE | 21 September, 2023 |
CLOSING DATE FOR IPO | 25 September, 2023 |
ISSUE TYPE | Fixed Price Issue |
Face Value per share | 10 Rs. per share |
IPO price band | 80 Rs per share |
LOT SIZE | 1600 shares |
MINIMUM ORDER QUANTITY | 1600 shares |
ISSUE SIZE | 54.91 Crore Rs. |
OFFER FOR SALE | 5.90 Crore Rs. |
FRESH ISSUE | 49.01 Crore Rs. |
LISTING AT | NSE SME |
LISTING DATE | 4 October, 2023 |
IPO OPENING DATE | 21 September, 2023 |
CLOSING DATE FOR IPO | 25 September, 2023 |
IPO ALLOTMENT DATE | 28 September, 2023 |
REFUNDS | 29 September, 2023 |
DEMAT A/C CREDITED ON | 3 October, 2023 |
IPO LISTING DATE | 4 October, 2023 |
Hi-Green Carbon Limited IPO begins for subscription from 21 September, 2023. The IPO subscription would continue till 25 September, 2023. The allotment status for the shareholders who applied would come on 28 September, 2023. The refunds for the ones who did not get allotment would be initiated on 29 September, 2023. The DEMAT accounts of shareholders would be credited on 3 October, 2023. The listing of the company would be completed on 4 October, 2023.
The lead managers are :
The minimum lot size for the company is decided at 1600 shares. This holding accounts to 120000 Rs.. The maximum lot size is decided at 3200 shares (HNI). This amounts to 240000 Rs.. Hence the company’s final holdings would be set as :
Shares | Amount | |
Minimum | 1600 shares | 120000 Rs. |
Maximum | 3200 shares | 240000 Rs. |
Particularly (in Lakh Rs.) | 2020-21 | 2021-22 | 2022-23 |
ASSETS | 3310 | 3424 | 4387 |
Revenue | 2429 | 5113 | 7903 |
PAT | 9 | 367 | 1084 |
Hi-Green Carbon Limited had an asset base of 3310 Lakh Rs in the year 2021. This increased to 3424 Lakh Rs in 2022 and 4387 Lakh Rs in the year 2023. The revenue of the firm was 2429 lakh Rs in 2021, 5113 Lakh Rs in 2022 and 7903 Lakh Rs in 2023. The profit of the firm was 9 Lakh Rs in 2021, 367 Lakh Rs in 2022 and 1084 Lakh Rs in 2023.
It is very easy to apply for an IPO now if you have a DEMAT account with Zerodha. Follow the steps below for the same :
Now, applying for an IPO online is possible with most of the Discount and online brokers.
Effwa Infra & Research Limited IPO is set to launch on 5 July, 2024. The…
Ambey Laboratories Limited IPO is set to launch on 4 July, 2024. The company initiated…
Bansal Wire Industries Limited IPO is set to launch on 3 July, 2024. The company…
Emcure Pharmaceuticals Limited IPO is set to launch on 3 July, 2024. The company initiated…
Nephro Care India Limited IPO is set to launch on 28 June, 2024. The company…
Diensten Tech Limited IPO is set to launch on 26 June, 2024. The company initiated…
This website uses cookies.