Agni Green Power Limited

Company Name	Agni Green Power Limited
Open Date	20-07-2022
Close Date	22-07-2022
Exchange	NSE SME
Lot Size	10000 Shares
Issue Price	₹ 10 per share
Issue Size	52,50,000 Equity Shares
Application Amount	₹ 1,00,000
Recommendation	Neutral

Agni Green Power Limited was established in the year 1995 in Kolkata by Dr. Kanak Mukhopadhyay. The company came into existence by overtaking M/s Agni Electronics, a profit making partnership firm. The company is engaged in providing integrated services offering Engineering, Procurement and Construction (EPC) as well as Operations and Maintenance services to its clients. Company also manufactures Solar Power Conditioning Unit, Solar Inverter (Hybrid & Grid Connected), Solar Maximum Power Point Tracking (MPPT) Charger, Remote Monitoring and Diagnostic System, Solar Photovoltaic Junction Box, Control Panel, Digital DC Energy Meter, Solar Adapter and Solar Pump Controller etc.

(Read more on the review)

Summary of Financials (All financials in Lakh)

For the Period Ended	Jan-22	Mar-21	Mar-20
Total Assets	4,404.55	4,648.97	4,530.39
Net Assets	2,647.04	2,639.91	2,629.35
Total Borrowings	1,216.00	1,135.28	894.89
Total Revenue	711.81	3,526.79	2,324.05
Profit After Tax	7.14	10.56	10.25

Tentative Timeline

Opening Date	20-07-2022
Closing Date	22-07-2022
Basis of Allotment	27-07-2022
Initiation of Refunds	28-07-2022
Credit of Shares to Demat	29-07-2022
Listing Date	01-08-2022

Objects of the Issue

To meet the working capital requirements

To meet the Issue Expenses

General Corporate Purposes

Contact Information

Registered Office	Agni Green Power Limited 114, Rajdanga Gold Park, Piyali Apartment, 1st Floor, South Parganas, Kolkata-700107
Phone	+91 93324 41988
Email	cs@agnipower.com
Website	https://www.agnipower.com/

Offer Documents

Agni Green Power Limited DRHP

Agni Green Power Limited RHP

Registrar Details

Name	Cameo Corporate Services Limited
Phone	+91-44-28460390
Email	investor@cameoindia.com
Website	https://ipo.cameoindia.com/

IPO Reservation

Anchor Investor Shares Offered	-
Market Maker Shares Offered	2,70,000 (5.14%)
Other Shares Offered	24,90,000 (47.43%)
Retail Shares Offered	24,90,000 (47.43%)
Total Shares Offered	52,50,000 (100%)

Shareholding Pattern

Pre Issue Share Holding (Promoters)	96.50%
Post Issue Share Holding (Promoters)	70.57%