HI-Green Carbon Limited
NNSE:HIGREEN137.20
INR
-5.45
(-3.82%)
ISIN
INE0PIC01017
Return %
Stock
S&P 500
1Y
-32.68
14.20
3Y
-11.08
81.12
5Y
- -
68.34
Capital Structure
INR
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in mil. unless spec.Working Capital
INR
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in mil. unless spec.Growth Rates
INR
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in mil. unless spec.Semi-annual Revenue
INR
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in mil. unless spec.Semi-annual Earnings Per Share
INR
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in mil. unless spec.Semi-annual Dividends Per Share
INR
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in mil. unless spec.Company Description
- CEO
- Amitkumar Bhalodi
- Full Time Employees
- 73
- Sector
- Industrial services
- Industry
- Environmental services
- Address
- Plot No. 2721-A, Kranti Gate Main Road Rajkot India 360021
- IPO Date
- Sep 28, 2023
- Website
- higreencarbon.com
- Similar Companies
- Business
- Hi-Green Carbon Ltd. (HIGREEN.NS) specializes in the recycling of waste tires and rubber through a continuous pyrolysis process to produce recovered carbon black (rCB), steel wires, fuel oil, synthesis gas, and sodium silicate. The company offers rCB in various grades including SS-330, SS-550, and SH-665 series, serving applications in tires, rubber products, plastics, masterbatches, electrostatic discharge compounds, coatings, toners, and printing inks; its byproducts support industrial uses such as fuel and raw glass production. Incorporated in 2011 and headquartered in Rajkot, Gujarat, India, with primary operations including a patented 100 TPD plant in Bhilwara, Rajasthan, Hi-Green Carbon operates as a subsidiary of RNG Finlease Pvt Ltd and part of the Radhe Group of Energy. Hi-Green Carbon exports products worldwide and targets tire manufacturers, rubber processors, and chemical industries, holding ISO 14001:2015, ISO 45001:2018, and ISO 9001:2015 certifications for sustainable waste tire recycling. In recent developments, the company listed on the National Stock Exchange (SME) via IPO in September 2023, raising funds primarily for a new 100 TPD manufacturing facility in Dhule, Maharashtra, which received establishment consent and commenced construction, targeting operational status by late 2024. Further expansions include land acquisition in Hatod, Madhya Pradesh, for a third 100 TPD plant via investment in wholly-owned subsidiary Shantol Recycling Private Limited; in September 2024, it acquired 51% stake in Green Valley Hydrocarbon; and in November 2024, it acquired intellectual property from Radhe Group while entering a related-party asset lease. The company commenced a 529 KW solar power plant at its Bhilwara unit in October 2024 to enhance sustainability, while feasibility studies proceed for four additional units aiming for 50,000 TPA rCB capacity. Despite a fire incident at subsidiary Samsara Recycling's plant in October 2025 causing temporary closure, operations continue via third-party manufacturing and insurance claims. These initiatives position Hi-Green Carbon as a leader in circular economy practices within India's specialty chemicals and waste recycling sector.