Hi-Green Carbon IPO Subscription Details

Bookbuilding IPO | ₹53 Cr | Listed at NSE SME | Thu, Sep 21, 2023 - Mon, Sep 25, 2023

Basis of Allotment - Hi-Green Carbon IPO

Category QIB NII Retail Total
Ex. Anchor Anchor Investor Total QIB
Allocation (No. of shares)13,23,20019,84,00033,07,2009,95,20023,16,80066,19,200
Allotment price (Rs.)757575757575
No.of applications3884614,2502,78,8242,93,120
No.of shares applied9,15,26,40024,83,2009,40,09,60023,16,08,00044,61,18,40077,17,36,000
Amount collected (Rs.cr.)686.45 18.62 705.07 1,737.06 3,345.89 5,788.02
No.of times subscribed69.171.2528.43232.73192.56116.59
No.of shares allotted13,23,20019,84,00033,07,2009,95,20023,16,80066,19,200
Amount (Rs.cr.)9.92 14.88 24.80 7.46 17.38 49.64
No.of allottees388464631,4481,957

IPO Shares Offered

Hi-Green Carbon IPO is a public issue of 0.66 Cr equity shares. The issue offers 0.23 Cr shares to retail investors, 0.33 Cr shares to qualified institutional buyers, and 0.10 Cr shares to non-institutional investors.

CategoryShares OfferedAmt (₹ Cr.)Size (%)
Market Maker4,20,8003.16 5.98%
QIB 33,07,20024.80 46.98%
    Anchor 19,84,000 14.88 28.18%
    QIB (Ex Anchor) 13,23,200 9.92 18.80%
NII* 9,95,2007.46 14.14%
Retail23,16,80017.38 32.91%
Total70,40,00052.80 100%

Hi-Green Carbon IPO Anchor Investor Allocation

A total of 19,84,000 shares at a price of Rs 75 per share will be allotted to the anchor investors.

Anchor investors bid opening dateSep 20, 2023
Anchor investor price₹75.00
Anchor investors as % of QIBs59.99%
No. of shares locked-in for 30 days9,92,000
No. of shares locked-in for 90 days9,92,000
S.No.Anchor InvestorGroup EntityNo. of Shares AllottedAmount (Rs.cr.)% Allotment within Anchor Investor Portion% Allotment of Issue
1 RESONANCE OPPORTUNITIES FUND RESONANCE OPPORTUNITIES 4,19,200 3.14 21.13 5.95
2 NAV CAPITAL VCC NAV CAPITAL 3,88,800 2.92 19.60 5.52
3 MORGAN STANLEY ASIA (SINGAPORE) PTE. MORGAN STANLEY 2,67,200 2.00 13.47 3.80
4 MONEYWISE FINANCIAL SERVICES PVT.LTD. MONEYWISE FINANCIAL SERVICES 2,33,600 1.75 11.77 3.32
5 LRSD SECURITIES PVT.LTD. LRSD SECURITIES 1,34,400 1.01 6.77 1.91
6 RAJASTHAN GLOBAL SECURITIES PVT.LTD. RAJASTHAN GLOBAL SECURITIES 1,34,400 1.01 6.77 1.91
7 LC RADIANCE FUND VCC LC RADIANCE 1,34,400 1.01 6.77 1.91
8 BOFA SECURITIES EUROPE SA BOFA SECURITIES 2,72,000 2.04 13.71 3.86
19,84,00014.8810028.18

IPO Subscription FAQs

The Hi-Green Carbon IPO is subscribed 168.92 times by Sep 25, 2023 19:29.

Hi-Green Carbon IPO Subscription

Investor Category Subscription (times)
Qualified Institutional69.95
Non Institutional236.76
Retail Individual196.35
Total Subscription168.92

Retail category of Hi-Green Carbon IPO subscribed 196.35 times as of date Sep 25, 2023 19:29. The public issue closes on Mon, Sep 25, 2023 for bidding.

An investor can apply in Hi-Green Carbon IPO online via bank (using ASBA) or the broker (using UPI). The Hi-Green Carbon IPO shares are offered online only.

The Hi-Green Carbon IPO is subscribed 168.92 times by Sep 25, 2023 19:29.

The Hi-Green Carbon IPO allotment status is expected on or around Thursday, September 28, 2023. Visit Hi-Green Carbon IPO allotment status to check.

The Hi-Green Carbon IPO listing date is September 28, 2023. The equity share of Hi-Green Carbon IPO will list on NSE SME.

Visit Hi-Green Carbon IPO subscription status page for real-time bidding information about Hi-Green Carbon IPO.

Hi-Green Carbon IPO Timetable

IPO opens OnThursday, September 21, 2023
IPO Closes OnMonday, September 25, 2023
Finalisation of Basis of AllotmentThursday, September 28, 2023
Initiation of RefundsFriday, September 29, 2023
Credit of Shares to Demat AccountTuesday, October 3, 2023
IPO Listing DateThursday, September 28, 2023
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