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Hi-Green Carbon Ltd
Registered Office: G-557 Lodhika Ind Est Metoda, GIDC Gate No 3 Metoda Lodhika, Rajkot - 360002, Gujarat
Phone: +91 92275 74010
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. 75/- per equity share including a share premium of Rs. 65/- per equity share (the Offer Price) aggregating to Rs. 52.80 crores (The Offer) comprising of a fresh issue 5990000 equity shares aggregating to Rs. 44.93/- 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. 7.87/- crores (Offer for Sale), of which 420800 equity shares of face value of Rs. 10/- each for cash at a price of Rs. 75/- per equity share including a share premium of Rs. 65/- per equity share aggregating to Rs. 3.16 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. 75/- per equity share including a share premium of Rs. 65/- per equity share aggregating to Rs. 49.64 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. Offer Price: Rs. 75 per equity share of face value of Rs. 10 each. The offer price is 7.5 times of the face value.

Issue		Money Payable On
Opens On	Closes On	Application	Allotment
21-Sep-2023	25-Sep-2023	₹ 75.00	₹ 0.00

Minimum Application for shares in Nos : 1600 Further Multiples of : 1600
	(₹)Cr.	Lead Managers to the Issue
Project Cost	41.10	Beeline Capital Advisors Pvt Ltd
Project Financed through Current Offer	52.80
Post Issue Equity Share Capital	24.99
Issue Price	₹75.00

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
Link Intime India Pvt Ltd

INDIAN INDICES

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