BackHi-Green Carbon share price debuts at a mere 2.7% premium at ₹77 on NSE SME
Hi-Green Carbon share price listed at a premium on NSE SME, 2.7% higher than the issue price.
PremiumHi-Green Carbon listing: Hi-Green Carbon share price listed on NSE SME at a premium on Thursday. On NSE SME, Hi-Green Carbon share price today was listed at ₹77 per share, 2.7% higher than the issue price of ₹75.
Hi-Green Carbon IPO opened for subscription on September 21, and closed on September 25. Hi-Green Carbon IPO price band was fixed in the range of ₹71 to ₹75 per share.
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Hi-Green Carbon IPO Details
The ₹52.80 crore worth Hi-Green Carbon IPO comprises a fresh issue of 59.9 lakh equity shares aggregating to ₹44.93 crore and an offer for sale (OFS) of 10.5 lakh shares aggregating to ₹7.88 crore. Hi-Green Carbon IPO raises ₹14.88 crore from anchor investors.
The proceeds from the new issue will be put to use for various purposes, including the establishment of a new manufacturing facility in Maharashtra, meeting working capital needs, pursuing general business objectives, and paying public issue expenses.
The book running lead manager for the Hi-Green Carbon IPO is Beeline Capital Advisors Pvt Ltd, while Link Intime India Private Ltd is the IPO registrar.
Also Read: Hi-Green Carbon IPO Day 2: Check latest GMP, subscription status, other key details here
Hi-Green Carbon IPO GMP Today
Hi-Green Carbon IPO GMP today, or grey market premium today, is ₹35 per share, investorgain.com. The latest GMP indicates that the Hi-Green Carbon shares are trading at a premium of ₹35 apiece in the grey market.
Considering the Hi-Green Carbon IPO GMP today and the issue price, Hi-Green Carbon shares’ estimated listing price as per grey market was ₹110 apiece, which is 46.67% premium to the issue price.
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