Closed Issues

G-557 Lodhika Ind Est Metoda,GIDC Gate No 3 Metoda Lodhika,

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.