Hi-Green Carbon IPO Date, Review, Price, Allotment Details

Hi-Green Carbon is engaged in the business of waste tyres recycling. Their manufacturing plant operates on a continuous pyrolysis process. It is an uninterrupted working method with a continuous feeding and discharging system controlled by the program logic controller system. The process is fully automatic and requires almost no human intervention. Following continuous pyrolysis, they process the end-of-life tyres (ELTs) pieces to produce energy components and raw materials. Their major products are Recovered Carbon Black (rCB) and Steel Wires under the Raw Material Category and fuel Oil and Synthesis Gas under the Energy components category. To utilize the energy efficiently, they utilize said synthesis gas, produced as a by-product of the pyrolysis process, for also manufacturing sodium silicate commonly known as raw glass.

Hi-Green Carbon follows the highest quality practice and is compliant with the Highest Environmental, Health, and Safety (EHS) in recycling industries. The company has modern, Supervisory Control and Data Acquisition (SCADA) operated in an integrated recycling plant at the manufacturing plant situated in Rajasthan. Their production facility in Rajasthan is installed with a capacity of recycling 100 MT waste tyres per day. The company has been certified with Environmental Management Measures with ISO 14001:2015, Occupational Health and safety Management Standards with ISO 45001:2018, Quality Management Standards with ISO 9001:2015, Good Manufacturing Practice (GMP), and RoHS. Their product is REACH compliant in terms of sustainability standards.

The company is proposing a new manufacturing plant in the Dhule district of Maharashtra, with a capacity to recycle 100 MT waste tires per day. Their company has already acquired land measuring 21,500 sq. meters for the said purpose. The said expansion will add to the company’s existing tyre processing capacity.

Objects of the Issue:

• Setting up of new Manufacturing Unit at Maharashtra
• To Meet Working Capital Requirements
• General Corporate Purpose
• To meet Public Issue Expenses

Hi-Green Carbon IPO Review

• May Apply

Hi-Green Carbon IPO Date & Price Band Details

Hi-Green Carbon IPO Market Lot

The Hi-Green Carbon IPO minimum market lot is 1600 shares with a ₹120,000 application amount.

Hi-Green Carbon IPO Dates

The Hi-Green Carbon IPO date is September 21 and the IPO close date is September 25. The IPO allotment date is September 26 and the IPO might list on September 28.

You can check IPO subscription status and IPO allotment status on their respective pages.

Hi-Green Carbon IPO Form

How to apply Hi-Green Carbon IPO? You can apply Hi-Green Carbon IPO via ASBA available in your bank account. Just go to the online bank login and apply via your bank account by selecting the Hi-Green Carbon IPO in the Invest section. The other option you can apply Hi-Green Carbon IPO via IPO forms download via the NSE website. Check out the Hi-Green Carbon forms – click NSE IPO Forms download, fill and submit in your bank or with your broker.

Hi-Green Carbon Company Financial Report

Hi-Green Carbon IPO Valuation – FY2023

Check Hi-Green Carbon IPO valuations detail like Earning Per Share (EPS), Price/Earning P/E Ratio, Return on Net Worth (RoNW), and Net Asset Value (NAV) details.

Peer Group

• NA

Company Promoters

• M/S RNG Finlease Private Limited
• Mr. Amitkumar Hasmukhrai Bhalodi
• Dr. Shaileshkumar Vallabhdas Makadia
• Mrs. Krupa Chetankumar Dethariya
• Mrs. Radhika Amitkumar Bhalodi
• Mrs. Shriyakumari Shaileshkumar Makadia
• Mr. Koosh Chetankumar Dethariya

Hi-Green Carbon IPO Registrar

Link Intime India Private Ltd
Phone: +91-22-4918 6270
Email: [email protected]
Website: https://linkintime.co.in/

Hi-Green Carbon IPO Allotment Status

Check Hi-Green Carbon IPO allotment status on Link Intime website URL. Click Here

Hi-Green Carbon IPO Lead Managers aka Merchant Bankers

• Beeline Broking Ltd

Company Address

Hi-Green Carbon Limited
G-557, Lodhika Industrial Estate,
Metoda G.I.D.C. Gate No. 3, Metoda,
Lodhika Rajkot – 360021
Phone: +91 92275 74010
Email: [email protected]
Website: https://www.higreencarbon.com/index.php

Hi-Green Carbon IPO FAQs

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