The Hi-Green Carbon IPO minimum market lot is 1600 with ₹120,000 application amount. The IPO is a NSE SME IPO, and it will list on NSE.
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.
IPOWatch View
We recommend investors may apply an IPO with Short-term and Long-term views. Investors should also look at the QIB, NII, and Retail numbers before investing.
Hi-Green Carbon IPO Subscription Status – Day 3
Category | Subscription Numbers |
QIB | 69.95 |
NII | 236.76 |
RII | 196.35 |
Total | 168.92 |
Hi-Green Carbon IPO Investor Categories
- Qualified Institutional Buyers (QIB): Financial Institutions, Banks, FIIs, and Mutual Funds
- Non-Institutional Investors(NII): Individual Investors, NRIs, Companies, Trusts, etc
- Retail Individual Investors (RII): Retail Individual Investors or NRIs
- Employee (EMP): Eligible Employees
- Others: Eligible Shareholders
Hi-Green Carbon IPO Review
- May Apply
Hi-Green Carbon IPO Form
How to apply for the Hi-Green Carbon IPO? You can apply for 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 is you can apply for Hi-Green Carbon IPO via IPO forms downloaded via NSE. Check out the Hi-Green Carbon forms – Click NSE Forms blank IPO forms download, fill, and submit in your bank or with your broker.