Graph not available
Graph not available

Open Demat Account

50years
50 Years
of Trust & Legacy
₹0 AMC
for First Year
₹0 Brokerage
on Delivery, Intraday, Currency and NSE F&O
left-arrow
Fundamentals
Financials
Shareholding
Resistance/Support
Delivery and Volume
About
Management
News
Similar Stocks
right-arrow

Hi-Green Carbon Ltd Fundamentals

Market Cap
₹ 504.17 Cr
P/E Ratio (TTM)
40.84
P/B Ratio
7.29
Debt to Equity
0.81
ROE
EPS (TTM)
4.94
Dividend Yield
0.00 %
Book Value
27.69

Click here to know more about Fundamentals

Hi-Green Carbon Ltd Financials

Hi-Green Carbon Ltd Financials

Hi-Green Carbon Ltd Shareholding Pattern

Held By Mar 2024 Dec 2023 Sep 2023 Sep 2023
Promoters 71.86 % 71.83 % 71.83 % 71.83 %
Retail 16.91 % 16.26 % 11.92 % 12.66 %
FII 5.87 % 6.40 % 6.95 % 7.17 %
Others 5.36 % 5.51 % 9.30 % 8.34 %
Mutual Funds 0.00 % 0.00 % 0.00 % 0.00 %

Promoters

71.86%

Retail

16.91%

FII

5.87%

Others

5.36%

Mutual Funds

0.00%

Promoters

71.83%

Retail

16.26%

FII

6.40%

Others

5.51%

Mutual Funds

0.00%

Promoters

71.83%

Retail

11.92%

FII

6.95%

Others

9.30%

Mutual Funds

0.00%

Promoters

71.83%

Retail

12.66%

FII

7.17%

Others

8.34%

Mutual Funds

0.00%

Resistance and Support

₹199.75

PIVOT

resistance-arrow
Resistance
First Resistance₹204.700
Second Resistance₹207.650
Third Resistance₹212.600
support-arrow
Support
First Support₹196.800
Second Support₹191.850
Third Support₹188.900

Delivery and Volume

PeriodDelivery Volume Traded Volume Delivery Volume %
Day40,00031,20092.86
Week33,60027,6800.00
1 Month33,60054,0270.00
6 Months13,685,6008,873,60069.26

About Hi-Green Carbon Ltd

Hi-Green Carbon Ltd was originally incorporated as 'Shantol Green Hydrocarbons (India) Private Limited' as a Private Limited Company vide Certificate of Incorporation dated August 29, 2011, issued by the Registrar of Companies, Gujarat, Dadra and Nagar Havelli. Subsequently, name of the Company was changed from 'Shantol Green Hydrocarbons (India) Private Limited' to 'Shantol Green Energy (India) Private Limited', dated November 04, 2011. Later on, to 'Shantol Green (India) Private Limited' dated March 15, 2017 and thereafter, to 'Hi-Green Carbon Private Limited', dated September 21, 2022. Further, Company got converted from a Private Limited Company to Public Limited Company and consequently, its name was changed to 'Hi-Green Carbon Limited' through a Fresh Certificate of Incorporation dated March 21, 2023 issued to Company by Registrar of Companies, Ahmedabad. The Company was originally formed by Mr. Amitkumar Hasmukhrai Bhalodi, Mrs. Dakshaben Shaileshbhai Makadia, Mrs. Binaben Sandip Makadia and Mr. Rajendra Umedlal Mehta in year 2011. Subsequently, M/s. RNG Finlease Private Limited acquired control of the Company, by acquiring Equity Share of the Company during year 2012 to 2017. Later on, Mr. Amitkumar Hasmukhrai Bhalodi, Dr. Shaileshkumar Vallabhdas Makadia, Mrs. Krupa Chetakumar Dethariya, Mrs. Radhika Amirkumar Bhalodi, Mrs. Shiryakumari Shaileshkumar Makadia, and Mr. Koosh Chetankumar Dethariya acquired a total of 54,00,000 Equity Shares, constituting 28.42% of preissue Paid Up Capital of Company, from M/s. RNG Finlease Private Limited in year 2022. As on date, M/s. RNG Finlease Private Limited is holding 71.58% of pre-issue Paid Up Capital of the Company. Headquartered in Rajkot, Gujarat, Hi-Green Carbon Limited is a part of Radhe Group Energy, based at Rajkot, Gujarat. Radhe Group of Energy, founded by Dr. Shaileshkumar Vallabhdas Makadia, is fast growing private enterprise in the renewable energy sector. The Group's core focus is on Renewable Energy with a diversified balanced portfolio stretching from castings, consumer goods, corporate farming, packaging and herbal products. Manufacturing Facility is located at Industrial Dist., Bhilwara in State of Rajasthan. The Company established by Promoters to create wealth from waste are professionals from science and commerce fields, to support healthier environment for next generations, by recycling the waste. Presently, the Company is engaged in the business of waste tyres recycling. The manufacturing plant operates on continuous pyrolysis process. It is an uninterrupted working method with continuous feeding and discharging system controlled by program logic controller system. The process is automatic and requires almost no human intervention. Following continuous pyrolysis, it process the end-of-life tyres (ELTs) pieces to produce energy components and raw materials. The major products are Recovered Carbon Black (RCB) and Steel Wires under Raw Material Category, Fuel Oil and Synthesis Gas under Energy components category. The Company utilises said synthesis gas, produced as by product of the pyrolysis process, for also manufacturing sodium silicate commonly known as raw glass. Apart from these, the Company follow the highest quality practice and compliant with Highest Environmental, Health, and Safety (EHS) in recycle industries. It has modern, Supervisory Control and Data Acquisition (SCADA) operated in integrated recycling plant at their manufacturing plant situated in Rajasthan. The production facility in Rajasthan has an installed capacity of recycling of 100 MT waste tyres per day. The Company is planning a new manufacturing plant in Dhule district of Maharashtra, with capacity of recycling of 100 MT waste tyres per day and has already acquired land for the said purpose. The Company is proposing an Initial Public Offer aggregating to 7600000 Equity Shares by issuing upto 6000000 Equity Shares through Fresh Issue and 1600000 Equity Shares through Offer for Sale.

Managing Director

2011

Founded

NA

NSE Symbol

HIGREEN

Hi-Green Carbon Ltd Management

Hi-Green Carbon Ltd News

Hi-Green Carbon to announce Quarterly Result
On 18 May 2024
Hi-Green Carbon to hold board meeting
On 3 February 2024
Hi-Green Carbon schedules board meeting
On 4 November 2023
NSE SME Hi-Green Carbon gains on debut
Shares of Hi-Green Carbon hit an upper circuit of 5% at Rs 80.85 on the NSE, a premium of 7.8% compared with the issue price of Rs 75.

Similar Stocks

CompanyMarket CapMarket PriceP/E Ratio
Pidilite Industries Ltd₹ 153320.29 Cr
₹ 3,014.50
(0.92 %)
85.41
Linde India Ltd₹ 80857.81 Cr
₹ 9,481.45
(1.11 %)
192.00
SRF Ltd₹ 67438.13 Cr
₹ 2,275.05
(-0.23 %)
49.16
Gujarat Fluorochemicals Ltd₹ 35581.51 Cr
₹ 3,239.10
(0.00 %)
84.93
Deepak Nitrite Ltd₹ 34468.57 Cr
₹ 2,527.15
(2.12 %)
81.98

Hi-Green Carbon Ltd FAQ

By opening a demat account and having your KYC papers confirmed online, you may simply purchase Hi-Green Carbon Ltd shares in BlinkX

Hi-Green Carbon Ltd's P/E ratio is 40.84 times as of May 18, 2024 at 01:44 PM.

Hi-Green Carbon Ltd's most recent financial reports indicate a price-to-book ratio of 7.29, showing the company's stock market valuation in relation to the value of its real assets.

Market capitalisation, often known as market cap, is the market value of all outstanding shares of a publicly listed corporation. Hi-Green Carbon Ltd's market is 504 Cr as on May 18, 2024 at 01:44 PM.

The current financial records of Hi-Green Carbon Ltd show a % ROE, showing great financial performance and effective capital utilisation, making it a significant statistic for investors.

According to Hi-Green Carbon Ltd's most recent financial filings, the company has a total asset value of Crores, which includes current and non-current assets such as inventory, cash, properties, and equipment.

As of the Mar 2024 quarter, the promoter shareholding in Hi-Green Carbon Ltd stands at 71.86%. During the same period, Institutional Investors have shown a slight decrease in their holdings, dropping from 6.40% to 5.87%.