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Hi-Green Carbon IPO

Open 21st Sep 2023 · Close 25th Sep 2023 · Listing

Price Band₹71.00–₹75.00
Live GMP₹35.00
SubscriptionNO DATA
Issue Size₹52.80 Cr
Allotment28th Sep 2023

At a glance

Updated 2026-08-23

Hi-Green Carbon is a SME IPO with an issue size of ₹52.80 crore, proposed for listing on NSE SME. The offer opens on 21st Sep 2023 and closes on 25th Sep 2023. The issue structure includes a fresh issue of ₹41.77 crore and an offer-for-sale component of ₹7.88 crore.

Issue details

Listing atNSE SME
Issue typeBook Build Issue
Issue size₹52.80 Cr
Fresh issue₹41.77 Cr
Offer for sale₹7.88 Cr
Face value₹10
Price band₹71.00–₹75.00
Allotment28th Sep 2023

Grey market

GMP page ↗
Latest GMP₹35.00
GMP / upper price46.67%
Est. listing₹110.00
GMP is unofficial sentiment data, not an exchange price.

Timeline

Opens21st Sep 2023
Closes25th Sep 2023
Allotment28th Sep 2023
Refund29th Sep 2023
Demat3rd Oct 2023

Subscription demand

Full bidding ↗
NO DATAWaiting for a verified live exchange update.

Company

Use of proceeds

ObjectAmount
Setting up of new Manufacturing Unit at Maharashtra₹17.83 Cr
To Meet Working Capital Requirements₹16.54 Cr
General Corporate Purpose₹6.73 Cr

31 Mar 2021

Assets33.11
Total Income24.29
Profit After Tax0.10
NET Worth8.06
Reserves and Surplus-10.94
Total Borrowing17.83

31 Mar 2022

Assets34.24
Total Income51.14
Profit After Tax3.68
NET Worth11.74
Reserves and Surplus-7.26
Total Borrowing15.87

31 Mar 2023

Assets43.88
Total Income79.04
Profit After Tax10.85
NET Worth22.59
Reserves and Surplus3.59
Total Borrowing13.62
Trend chart₹ crore

KPIs

KPI
ROE
ROCE
Debt / Equity
RoNW
PAT Margin

Valuation & shareholding

Pre-IPO EPS5.71
Pre-IPO P/E13.13
Post-IPO P/E17.28
Promoter holding pre100%
Promoter holding post71.83%
Market cap₹187.43 Cr.

Issue expenses

ExpenseAmount
Lead Manger Fees including Underwriting Commission₹4.11 Cr
Fees Payable to Registrar to the Issue₹0.01 Cr
Fees Payable Advertising, Marketing Expenses and Printing Expenses₹0.25 Cr
Fees Payable to Regulators including Stock Exchanges and other Intermediaries₹0.05 Cr
Fees payable to Peer Review Auditor₹0.01 Cr
Fees Payable to Market Maker (for Two Years)₹0.06 Cr
Escrow Bank Fees₹0.01 Cr

Registrar & lead managers

Registrar

MUFG Intime India Pvt.Ltd.

Lead managers

  • Beeline Capital Advisors Pvt.Ltd.

Offer documents

Data is reconciled from multiple public IPO sources. Official exchange filings and offer documents remain the source of truth. Last verified 2026-08-23.