Hi-Green Carbon Limited
ListedSMEWaste Management & Recycling · NSE
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.
Price Band
₹71 – ₹75
Issue Size
₹52.80 Cr
Lot Size
1600 shares
GMP
₹35
+46.7%
Est. Listing
₹110
at current GMP
Subscribed
168.95x
overall
Open
21 Sep 2023
Close
25 Sep 2023
Allotment
26 Sep 2023
Refund
27 Sep 2023
Demat Credit
28 Sep 2023
Listing
28 Sep 2023
Last updated 12 days ago
Overall Subscription
168.95x
Total Demand
QIB Multiplier
69.95x
Institutions & Funds
NII / HNI
236.80x
High Net-Worth
Retail (RII)
196.34x
Individual Bidders
Category-Wise Subscription Breakup
Live bidding breakdown by institutional, non-institutional, and retail investors
| Category | Shares Offered | Shares Applied / Bid | Times Subscribed |
|---|---|---|---|
| QIB | 1,323,200 | 92,553,600 | 69.95x |
| NIB | 995,200 | 235,664,000 | 236.80x |
| RETAIL | 2,316,800 | 454,883,200 | 196.34x |
| Total | 4,635,200 | 783,100,800 | 168.95x |
Application-Wise Breakup
Total unique applications received across retail and HNI tranches
| Category | Applications Reserved | Applications Received | Times Subscribed |
|---|---|---|---|
| Retail (RII) | 1,540 | 302,364 | 196.34x |
| HNIs (10L +) | 10 | 2,368 | 236.80x |
| HNIs (2-10L) | 47 | 11,130 | 236.80x |
| Total Applications | 1,597 | 315,862 | 197.78x |
Day-Wise Subscription Progress
Track continuous institutional and retail bidding order books for all active issues on the ipo live subscription feed.
About Hi-Green Carbon Limited Public Issue & Market Profile
Hi-Green Carbon Limited is bringing an initial public offering (IPO) in the Waste Management & Recycling sector with an aggregate issue size of ₹52.8 Crores. The shares are offered at a price band of ₹71 to ₹75 per equity share on NSE. Currently, investors are tracking the grey market premium (GMP) and institutional subscription multiples closely across BSE and NSE portals.
Bidding & Quota Instructions:
The public offer consists of a fresh issue and offer-for-sale structured under SEBI regulations. Bidding is open to Qualified Institutional Buyers (QIB), Non-Institutional Bidders (NII/HNI), and Retail Individual Investors (RII). Applications can be submitted online using ASBA or UPI mandate through certified stock brokers and net banking portals.
Allotment Reconciliation Schedule:
Following the close of bidding on 2023-09-25, the basis of allotment is scheduled to be finalized on 2023-09-26. Investors can verify their application status online by submitting their PAN card number, Application Number, or DP Client ID on the registrar's official portal (Link Intime India Private Limited) or the BSE allotment checking window.
Frequently Asked Questions
What is Hi-Green Carbon Limited IPO GMP today?
The latest Grey Market Premium (GMP) for Hi-Green Carbon Limited IPO is ₹35 per equity share. Based on the upper price band of ₹71 to ₹75 per equity share, the estimated listing price is ₹110 (+46.7% expected listing gain).
What is the expected profit per lot for Hi-Green Carbon Limited IPO?
With a lot size of 1600 shares and current GMP of ₹35, the expected profit per application lot is approx ₹56,000 (+46.7% gain). Minimum application cost is approx ₹1,20,000.
What is the issue size and price band for Hi-Green Carbon Limited IPO?
The Hi-Green Carbon Limited IPO aggregate issue size is ₹52.8 Crores with an equity price band set at ₹71 to ₹75 per equity share. The retail lot size is 1600 shares requiring a minimum capital outlay of approx. ₹1,20,000.
How can I check Hi-Green Carbon Limited IPO live subscription demand?
Live subscription figures are compiled real-time from the NSE and BSE bidding engines. Currently, overall subscription is 168.95x (Retail: 196.34x, QIB: 69.95x, NII: 236.80x). You can track live multiples directly on our dedicated subscription page.
Where and when will Hi-Green Carbon Limited IPO allotment status be published?
The basis of allotment will be published on the official registrar portal (Link Intime India Private Limited) and the BSE status verification website on or around 2023-09-26. Investors can verify status using PAN card or application number.
When is the listing date for Hi-Green Carbon Limited IPO?
Hi-Green Carbon Limited shares are scheduled to list on NSE on 2023-09-28.