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Hi-Green Carbon Limited

Hi-Green Carbon Limited

smelisted
Registrar: Link Intime India Private Ltd · Listing 2023-09-28
IPO Timeline
Today · 21 Oct 2026
Opens
21 Sept 2023
Closes
25 Sept 2023
Allotment
23 Sept 2023
Refund
27 Sept 2023
Demat
27 Sept 2023
Listing
28 Sept 2023
Price Band
₹71–75
GMP
₹0
0%
Lot Size
1600 Shares
Min ₹120,000
Subscription
0x
Issue Size
₹52.8 Cr
Open
2023-09-21
Close
2023-09-25
Listing
2023-09-28

About the company

## **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) 1. ### Sale of Fuel Oil 1. ### Sale of Sodium Silicate Glass 1. ### 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 1. ### To Meet Working Capital Requirements 1. ### General Corporate Purpose 1. ### 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|

Strengths

    Risks

      Financial performance (₹ Cr)

      IPO Roadmap / Timeline

      Current Status · as of 21 Oct 2026
      Listed
      Listed on 28 Sept 2023
      Listed 1119 days ago
      1. IPO Opens

        Completed
        21 Sept 2023

        Bidding starts for all investor categories

      2. IPO Closes

        Completed
        25 Sept 2023

        Last day to place your bid

      3. Basis of Allotment

        Completed
        23 Sept 2023

        Share allotment finalised

      4. Refund Initiation

        Completed
        27 Sept 2023

        Refunds credited for non-allottees

      5. Credit to Demat

        Completed
        27 Sept 2023

        Allotted shares credited to demat account

      6. Listing on Exchange

        Completed
        28 Sept 2023

        Shares list on NSE / BSE

      Post-close dates are indicative as per SEBI T+3 listing framework and may change per registrar updates.

      Lot size & minimum investment

      Lot Size
      1600 shares
      Price / Share (upper)
      ₹75
      Min Investment (1 lot)
      ₹120,000
      Price Band
      ₹71–75
      Retail / Individual
      1 lot only
      Min lots
      1
      Min shares
      1600
      Min amount
      ₹120,000
      Max amount
      ₹120,000
      HNI
      Min 2 lots
      Min lots
      2
      Min shares
      3200
      Min amount
      ₹240,000
      Max amount
      ₹240,000

      Shares reserved per category & allotment probability

      QIB
      100% allotment
      Reservation
      50%
      Amount
      ₹26.4 Cr
      Shares offered
      3,616,439
      Shares bid
      0
      Subscribed
      0.00x
      NII
      100% allotment
      Reservation
      15%
      Amount
      ₹7.92 Cr
      Shares offered
      1,084,932
      Shares bid
      0
      Subscribed
      0.00x
      Retail
      100% allotment
      Reservation
      35%
      Amount
      ₹18.48 Cr
      Shares offered
      2,531,507
      Shares bid
      0
      Subscribed
      0.00x

      Retail is a lottery-based allotment when oversubscribed; QIB/NII get pro-rata. Probability ≈ 1 / subscription times (100% if under-subscribed).