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Open
21 Sep 2023
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Close
25 Sep 2023
3
Allotment
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Listing
Thu, Sep 28, 2023
Price Band
₹71 to ₹75
Issue Size
70,40,000 shares (agg. up to ₹53 Cr)
Lot Size
1,600 Shares
Listing Date
Thu, Sep 28, 2023
Latest GMP
₹35
Est. Gain
46.67%
✦ AI Insight
GMP Trend
28-09-2023₹35Est. ₹110+46.67%
27-09-2023₹35Est. ₹110+46.67%
26-09-2023₹45Est. ₹120+60%
Live Subscription
| Category | Subscription (times) |
|---|---|
| Total | 116.59x |
Restated Financials (₹ Cr.)
| Period Ended | 31 Mar 2023 | 31 Mar 2022 | 31 Mar 2021 |
|---|---|---|---|
| Assets | 43.88 | 34.24 | 33.11 |
| Total Income | 79.04 | 51.14 | 24.29 |
| Profit After Tax | 10.85 | 3.68 | 0.10 |
| NET Worth | 22.59 | 11.74 | 8.06 |
| Reserves and Surplus | 3.59 | -7.26 | -10.94 |
| Total Borrowing | 13.62 | 15.87 | 17.83 |
| Amount in ₹ Crore |
Peer Comparison
| Company | Issue Type | Issue Size | Issue Price | PE Ratio | Listing Day Close | Listing Gain/Loss % | LTP |
|---|---|---|---|---|---|---|---|
| Organic Recycling Systems Ltd. | SME | ₹50.00 Cr | ₹200 | 25.54 | ₹225.75 | +12.88% | ₹179.95 |
| Urban Enviro Waste Management Ltd. | SME | ₹11.42 Cr | ₹100 | 30.49 | ₹148.05 | +48.05% | ₹128.15 |
| EMS Ltd. | Mainboard | ₹321.25 Cr | ₹211 | null | ₹279.90 | +32.65% | ₹378.40 |
Objects of the Issue
| # | Issue Objects | Est Amt (₹ Cr.) |
|---|---|---|
| 1 | Setting up of new Manufacturing Unit at Maharashtra | 17.83 |
| 2 | To Meet Working Capital Requirements | 16.54 |
| 3 | General Corporate Purpose | 6.73 |
About Hi-Green Carbon IPO
Updated on Aug 5, 2026
Contact Details
Hi-Green Carbon Ltd. AddressG-557, Lodhika Industrial EstateMetoda G.I.D.C.Gate No.3Metoda, LodhikaRajkot, Gujarat, 360021+91 92275 74010compliance@higreencarbon.comVisit Website