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Hi-Green Carbon IPO is a book build IPO listing on NSE EMERGE exchange. The company is based in Rajkot and caters to Recycling - Waste sector. Beeline Capital Advisors Private is the merchant banker of Hi-Green Carbon IPO. It is a SME IPO which filed its Draft Red Herring Prospectus (DRHP) on 30th June 2023.
Hi-Green Carbon IPO open date is 21st September 2023 and close date is 25th September 2023. IPO Allotment Date is 28th September 2023 and Listing date is 28th September 2023.Hi-Green Carbon IPO size is Rs 52.80 Cr. crores with IPO price of Rs 75.00 Cr.. IPO subscription will start on IPO open date and end on IPO close date as per above. IPO valuation metrics can be seen here.
Beeline Capital Advisors Private Limited is the book-running lead manager of the Hi-Green Carbon IPO. Link Intime India Private Limited is the Registrar and Market Maker is Spread X Securities Private Limited for Hi-Green Carbon IPO.
Hi-Green Carbon IPO anchor investors are the below investors. The number of anchor investors in this IPO is 8.
| Anchor Investor Name | No. of shares Allotted | Offer Price (in Rs.) | Amount Invested (in Rs.) |
|---|---|---|---|
| Rajasthan Global Securities | 134,400.00 | ₹75.00 | ₹10,080,000.00 |
| Nav Capital Vcc | 388,800.00 | ₹75.00 | ₹29,160,000.00 |
| LRSD Securities Private | 134,400.00 | ₹75.00 | ₹10,080,000.00 |
| LC Radiance Fund | 134,400.00 | ₹75.00 | ₹10,080,000.00 |
| Moneywise Financial Services | 233,600.00 | ₹75.00 | ₹17,520,000.00 |
| Resonance Opportunities Fund | 419,200.00 | ₹75.00 | ₹31,440,000.00 |
| Morgan Stanley Asia | 267,200.00 | ₹75.00 | ₹20,040,000.00 |
| BofA Securities Europe | 272,000.00 | ₹75.00 | ₹20,400,000.00 |
Hi-Green Carbon IPO Draft red herring prospectus (DRHP) and Red Herring prospectus (RHP) are available below.
Hi-Green Carbon IPO, based in Rajkot, operates in the Recycling - Waste sector with a focus on business of waste tyres recycling.. The company is launching its SME IPO on the NSE EMERGE exchange, using the Book Building Issue method. Hi-Green Carbon IPO size is ₹ 52.80 Cr. Crores with fresh issue size of Rs 52.80 Cr. Crores and Offer for sale being 52.80..
The IPO allotment date for Hi-Green Carbon IPO is expected to be 28th September 2023, after the finalization of basis of allotment. Investors can check Hi-Green Carbon IPO allotment status on the registrars website, Link Intime India Private Limited. Hi-Green Carbon IPO refund dates are 29th September 2023.
Hi-Green Carbon IPO is expected to be listed on 28th September 2023.
The upper price band for the Hi-Green Carbon IPO is set at ₹ 75.00 per equity share. IPO price band is arrived at on the basis of IPO Valuation (P/E multiple) which is mentioned in the RHP.
For IPO analysis on Hi-Green Carbon IPO, explore our Financial Review Page for insights on fundamentals, peer analysis, and key IPO data, assisting investors to make informed decisions to apply or not.
To apply for the Hi-Green Carbon IPO, investors can use the ASBA (Application Supported by Blocked Amount) process via their bank's net banking or apply through UPI using a registered broker or trading app. The IPO is available in retail, HNI, and institutional investor categories. Investors must select the lot size, enter bid details within the price band, and submit their application before the IPO closing date of 25th September 2023. After submission, funds are blocked until the basis of allotment of Hi-Green Carbon IPO is finalised.
The merchant banker for Hi-Green Carbon IPO is Beeline Capital Advisors Private Limited . Beeline Capital Advisors Private Limited manages the IPO process, including underwriting, regulatory compliance, and investor coordination. Investors can refer to the Hi-Green Carbon IPO RHP for further details.
The registrar for Hi-Green Carbon IPO is Link Intime India Private Limited. Investors can go to Link Intime India Private Limited registrar website for IPO allotment status, refund processing, and other queries related to Hi-Green Carbon IPO through their official website or helpline.
Hi-Green Carbon IPO was subscribed 168.92 times. Stay updated on IPO details, subscription, and allotment news for informed investment decisions.
IPO
Size:
₹ 52.80 Cr.
Avg IPO Size (Sector Based)
:
₹ 27.71 Cr.
Sector: Recycling - Waste
SME IPO so far:
4
Merchant Banker:
Beeline Capital
SME IPO by BRLM so far:
47
City:
Rajkot
SME IPO so far:
27
Revenue (annualised):
₹ 78.52 cr.
PE
Ratio:
17.28x
Average Sector PE Ratio: 31.09x
Hi-Green Carbon IPO may offer opportunites, depending on your investment strategy. For in-depth analysis, risk factors, and KPIs, check our detailed report on Hi-Green Carbon Financial Review Page
Merchant Banker(s) of Hi-Green Carbon IPO: Beeline Capital Advisors Private Limited
Hi-Green Carbon IPO subscription was 168.92 X. IPO subscription refers to applications received in an IPO by each quota, i.e., QIB, Retail, and NII. In some IPOs, Eligible employee quota and shareholder’s quota are also present. Learn more about IPO subscriptions here.
Hi-Green Carbon IPO listed at a listing price of 80.85 against the offer price of 75.00.
The current market price of Hi-Green Carbon is 219.85.
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