Hi-Green Carbon Ltd

Registered Office: G-557 Lodhika Ind Est Metoda,GIDC Gate No 3 Metoda Lodhika, Rajkot - 360002, Gujarat, India. Phone : +91 92275 74010   Fax: Email : compliance@higreencarbon.com Website :www.higreencarbon.com

Initial public offer of 7040000 equity shares of face value of Rs. 10/- each of Hi-Green Carbon Limited ("HGCL" or the "Company" or the "Issuer") for cash at a price of Rs. [*]/- per equity share including a share premium of Rs. [*]/- per equity share (the "Offer Price") aggregating to Rs. [*] crores ("The Offer") comprising of a fresh issue 5990000 equity shares aggregating to Rs. [*]/- crores (the "Fresh Issue") and an offer for sale of 1050000 equity shares by promoter selling shareholder - M/s RNG Finlease Private Limted aggregating to Rs. [*]/- crores ("Offer for Sale"), of which 420800 equity shares of face value of Rs. 10/- each for cash at a price of Rs.[*]/- per equity share including a share premium of Rs. [*]/- per equity share aggregating to Rs. [*] crores will be reserved for subscription by market maker to the offer (the "Market Maker Reservation Portion"). The offer less the market maker reservation portion i.e. net offer of 6619200 equity shares of face value of Rs. 10/- each at a price of Rs. [*]/- per equity share including a share premium of Rs. [*]/- per equity share aggregating to Rs. [*] crores is herein after referred to as the "Net Offer". The offer and the net offer will constitute 28.17 % and 26.49 %, respectively, of the post offer paid up equity share capital of the company. Price Band: Rs. 71 to Rs. 75 per equity share of face value of Re. 10 each. The floor price is 7.1 times the face value of the equity shares and the cap price is 7.5 times the face value. Bids Can be made for a minimum of 1600 equity shares and in multiples of 1600 equity shares thereafter. Issue Opens On Closes On 21-Sep-23 25-Sep-23 Money Payable On Application Allotment 71.00 0.00 Minimum Application for shares in Nos : 1600 Further Multiples of : 1600 Cr Lead Managers to the Issue Project Cost (.Cr) 0.00 Beeline Capital Advisors Pvt Ltd Project Financed through Current Offer (.Cr) 49.98   Post Issue Equity Share Capital (.Cr) 24.99 Issue Price () 71.00

Projects

Setting up of new manufacturing unit at maharashtra To meet working capital requirements General corporate purposes

Promoted By

RNG Finlease Pvt Ltd

Amitkumar Hasmukhrai Bhalodi

Shaileshkumar Vallabhdas Makad

Listing At

NSE - SME

Registrar to the Issue

No Data Available