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 da ...ted 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.
1. Can I buy Hi-Green Carbon Ltd from PL Capital? ›
Yes, you can invest in Hi-Green Carbon Ltd shares directly through PL Capital. Our platform provides a seamless and secure way to buy, hold, and track Hi-Green Carbon Ltd stock along with other leading companies listed on the NSE and BSE. Simply open a Demat and trading account with PL Capital, and you’ll be able to trade Hi-Green Carbon Ltd as well as diversify your portfolio across equities, mutual funds, IPOs, and more.
2. Does Hi-Green Carbon Ltd pay dividends? ›
Hi-Green Carbon Ltd does not currently pay dividends. Investors in this case primarily benefit from capital appreciation, where the value of the stock may rise over time depending on business growth and market conditions.
3. What is the current share price of Hi-Green Carbon Ltd ? ›
As of
04-12-2025 the share price for Hi-Green Carbon Ltd. is 148.15 on the NSE (Note: Prices are dynamic and update frequently during market hours).
4. What is the 52-week high and low of Hi-Green Carbon Ltd ? ›
The 52-week high and low of Hi-Green Carbon Ltd share price is ₹ 145.1 - ₹ 340.9 as of
04-12-2025 .
PL Ringside View
Our fireside chat series where industry experts and top management share valuable insights for our clients
