| Registered Office: G-557 Lodhika Ind Est Metoda,GIDC Gate No 3 Metoda Lodhika,Rajkot-360002, Gujarat |
| Tel. No: +91 92275 74010 |
| Fax No: |
| 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.
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