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HIGREENSME / NSEListed
Hi-Green Carbon

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.

DRHPANCHOR
₹71 - ₹75168.95x sub
Listed Price₹77.00
Listing Gain+2.67%

IPO Schedule & Timeline

Book Built Issue IPO
Open21 Sep 2023
Close25 Sep 2023
Allotment26 Sep 2023
Listing28 Sep 2023

Quota Reservation & Application Lots

Quota Reservation (% Shares)

Retail23,16,800 shares
32.91%
Nii(hni)9,95,200 shares
14.14%
QIB33,07,200 shares
46.98%
Market Maker4,20,800 shares
5.98%

Minimum Application Lots

Retail1 Lot (1,600 shares)
₹1,20,000
HNI2 Lots (3,200 shares)
₹2,40,000

Company Promoters

Mr. Amitkumar Hasmukhrai BhalodiDr. Shaileshkumar Vallabhdas MakadiaMrs. Krupa Chetankumar DethariyaMrs. Radhika Amitkumar BhalodiMrs. Shriyakumari Shaileshkumar MakadiaMr. Koosh Chetankumar Dethariya

Company Background

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 ...

Lead Managers & Bankers

Beeline Capital Advisors Private Limited

Financial Performance

Figures in ₹ Crores
Metric Breakdown

Revenue

Latest (Mar 2021 )₹2429.39 Cr
Growth-69.3%
Revenue Trend (₹ in Crores)
0.03.0k6.1k9.1kMar 2023Mar 2022 Mar 2021
PeriodRev (Cr)PAT (Cr)AssetsDebt
Mar 2021 2,429.399.593,310.911,783.10
Mar 2022 5,113.95367.953,424.361,586.70
Mar 20237,903.901,084.784,387.831,362.19

Key Performance Indicators (KPIs)

PeriodEPSROEROCEP/E (Pre)P/E (Post)
Values5.7163.19%64.70%13.1317.28

Broker & Analyst Reviews

Review Not Available

Institutional broker reviews and analyst reports have not been released for this issue yet. Reviews are typically published 2 to 3 days prior to the issue opening date.

IPO Allotment & Registrar Status

Official Registrar: Link Intime India Private Limited

Allotment Finalized
Allotment Date
26 Sep 2023
Official Status
Out / Finalized
Registrar
Link Intime India Private Limited
Listing Date
28 Sep 2023

Official Allotment Verification Links

Official Registrar Portal
Link Intime India Private Limited

Direct allotment verification on the official registrar portal appointed for Hi-Green Carbon. Check with PAN or Application No.

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Stock Exchange Portal
BSE India Investor Portal

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Check on BSE India

Allotment Schedule & Milestones

IST
1. Allotment Finalization26 Sep 2023Basis of allotment declared
2. Refund Initiation1 day post allotmentUPI / ASBA mandate unblocked
3. Demat CreditPrior to listingShares credited to CDSL/NSDL
4. Listing Date28 Sep 2023Trading commences on exchange

How to Check Hi-Green Carbon Allotment Online

1Open Portal

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2Select Company

Select Hi-Green Carbon from the issue drop-down list.

3Enter Details

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4View Allocation

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Prospectus & Official Filings

Official FilingDRHP
Official FilingANCHOR

Allotment FAQs & Help

About Hi-Green Carbon IPO

Complete issue overview for Hi-Green Carbon (HIGREEN) IPO. The issue features an equity share price band of ₹71 – ₹75 per share with a minimum retail lot size of 1600 Shares (minimum application amount of ₹1,20,000). Explore live market tracking on our GMP Tracker, compare against All IPO GMP Today, or view category bidding on the Subscription Page. Verify official allotment via IPO Registrars or review participating investment bankers in our Lead Managers Directory.

Frequently Asked Questions