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LISTEDSME

Hi-Green Carbon IPO

Open 21st Sep 2023 · Close 25th Sep 2023 · Listing 28th Sep 2023

Verified 2026-08-2789% data coverage
Issue Price₹75.00
Listing Price₹77.00
Current Price
Listing Gain2.67%
Current Return

At a glance

Updated 2026-08-27

The shares listed at ₹77.00, a 2.67% move from the issue price. 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. The current listing schedule points to 28th Sep 2023.

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
Listing28th Sep 2023

Listing performance

Full performance ↗
Issue price₹75.00
Listing price₹77.00
Current price
Listing gain2.67%
Current return
Price progressionIssue → Listing → Current

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
Listing28th Sep 2023

Subscription demand

Full bidding ↗
Total168.92×

Lot size

InvestorLotsSharesAmount
Minimum Bid11600₹120,000

Company

Incorporated2011

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 2026-08-27.