September 21, 2023 - September 25, 2023

Hi-Green Carbon IPO Subscription Details

Hi-Green Carbon IPO Subscription Status Live

Hi-Green Carbon IPO subscribed 168.92 times. The public issue subscribed 196.35 times in the retail category, 69.95 times in QIB, and 236.76 times in the NII category by September 25, 2023 (Day 3).

Investor Category	Subscription (times)	Shares Offered	Shares Bid for	Total Amount (Rs Cr.)*
Qualified Institutions	69.95	1,323,200	9,25,53,600	694.15
Non-Institutional Buyers*	236.76	993,600	23,52,43,200	1,764.32
Retail Investors	196.35	2,316,800	45,49,04,000	3,411.78
Employees	[.]	0	0	0
Others	[.]	0	0	0
Total *	168.92	4,633,600	78,27,00,800	5,870.26

Total Application : 284,315 (196.35 times)

Disclaimer: *The total amount is calculated based on the final issue price or the price in the upper price range.

* Market Maker portion of 420,800 equity shares not included.

Hi-Green Carbon IPO (Day-wise) Subscription Details (times)

Date	QIB	NII*	Retail	Total
Day 1 September 21, 2023	7.92	3.52	11.30	8.67
Day 2 September 22, 2023	10.86	19.00	36.56	25.46
Day 3 September 25, 2023	69.95	236.76	196.35	168.92

Hi-Green Carbon IPO Shares Offered

Hi-Green Carbon IPO is a public issue of 7,038,400 equity shares. The issue offers 2,316,800 shares to retail investors, 1,323,200 shares to qualified institutional buyers, and 993,600 shares to non-institutional investors.

Category	Shares Offered	Amount (Rs Cr)	Size (%)
Anchor Investor	1,984,000	14.88	28.19%
Market Maker	420,800	3.16	5.98%
QIB	1,323,200	9.92	18.80%
NII*	993,600	7.45	14.12%
Retail	2,316,800	17.38	32.92%
Total	7,038,400	52.79	100%

Hi-Green Carbon IPO Anchor Investor Allocation

A total of 1,984,000 shares at a price of Rs 75 per share will be allotted to the anchor investors.

S.No.	Name of Anchor Investor	No. of Shares Allocated	Bid Price Per Share (Rs.)	Anchor Investor Portion (%)	Total Amount Allocated (Rs.)
1	Resonance Opportunities Fund	419,200	75	21.13	31,440,000
2	Nav Capital Vcc- Nav Capital Emerging Star Fund	388,800	75	19.6	29,160,000
3	Morgan Stanley Asia (Singapore) PTE	267,200	75	13.47	20,040,000
4	Moneywise Financial Services Pvt. Ltd.	233,600	75	11.77	17,520,000
5	LRSD Securities Private Limited	134,400	75	6.77	10,080,000
6	Rajasthan Global Securities Pvt. Limited	134,400	75	6.77	10,080,000
7	LC RADIANCE FUND VCC	134,400	75	6.77	10,080,000
8	BofA Securities Europe SA - ODI	272,000	75	13.71	20,400,000
		1,984,000		100	148,800,000

IPO Investor Categories

Qualified Institutional Buyers (QIB)
Financial Institutions, Banks, FIIs, and Mutual Funds registered with SEBI are called QIBs. In most cases, QIBs represent small investors who invest through mutual funds, ULIP schemes of insurance companies, and pension schemes.
Non-Institutional Investors(NII)
Retail Individual Investors (HNI), NRIs, Companies, Trusts, etc who bid for shares worth more than Rs 2 lakhs are known as Non-institutional bidders (NII). Unlike QIB bidders, they do not need SEBI registration.
NII category has two subcategories:
1. sNII (bids below Rs 10L)
  The Small NII category is for NII investors who bid for shares between Rs 2 lakhs to Rs 10 lakhs. The 1/3 of NII category shares are reserved for the Small NII sub-category. This subcategory is also known as Small HNI (sHNI).
2. bNII (bids above Rs 10L)
  The Big NII category is for NII investors who bid for shares worth more than Rs 10 Lakhs. The 2/3 of NII category shares are reserved for the Big NII subcategory. This subcategory is also known as Big HNI (bHNI).
Retail Individual Investors(RII)
The retail individual investor or NRIs who apply up to Rs 2 lakhs in an IPO are considered as RII reserved category.
Employee (EMP)
A category of eligible employees who have a reserved quota in the IPO.
Others
A category of eligible shareholders or other investors who have a reserved quota in the IPO.

What is the difference between RII, NII, QIB and Anchor Investor?

Disclaimer: The above information / data is sourced from National Stock Exchange (NSE) and Bombay Stock Exchange (BSE) websites and is subject to change in real time. For latest information / data, please refer to the respective websites. The information / data provided here in is for informational purposes only and is provided by Chittorgarh.com on "AS IS" and "AS AVAILABLE" basis and without warranty, express or implied. Chittorgarh.com does not warrant the accuracy, adequacy or completeness of the information you obtain through the above websites. Chittorgarh.com shall not be liable in any way for any discrepancies, errors, omissions, losses or damage. Chittorgarh.com, including its affiliates and its directors, staff and employees, shall not be liable for any loss, damage of any kind, including but not limited to direct, indirect, punitive, exemplary, consequential damages and lost profits arising in any way out of the use of information / data obtained through the said websites. The recipient alone is fully responsible / liable for any decision made based on this information / data. All recipients, before relying on the said information, should do their own research and seek appropriate professional advice.

Hi-Green Carbon IPO Subscription FAQs

The Hi-Green Carbon IPO is subscribed 168.92 by September 25, 2023.