Incorporated in 1995, Agni Green Power Limited is engaged in the business of executing turn-key solar PV power plant projects. The company has two lines of business, including solar power plant designing, engineering, supply, procurement, and construction, installation and commissioning (I&C), and maintenance services and Manufacturing, Assembling of Solar Lighting Systems and other Solar Products. The company has a footprint through four branch offices in Chhattisgarh, Assam, Mizoram and Tripura.
Agni Green Power Limited also manufacture Solar Home Lighting Systems, Solar Street Lighting System, 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.
The company has an R&D facility to research and develop new indigenous products. Agni is an ISO 9001:2015, 14000:2015 and OHSAS 18001:2007 certified organisation.
Company Financials
| Period Ended | Total Assets | Total Revenue | Profit After Tax |
|---|---|---|---|
| 31-Mar-19 | 4601.52 | 3173.32 | 223.3 |
| 31-Mar-20 | 4530.39 | 2324.05 | 10.25 |
| 31-Mar-21 | 4648.97 | 3526.79 | 10.56 |
| 31-Jan-22 | 4404.55 | 711.81 | 7.13 |
| Amount in ₹ Lakhs |
Objects of the Issue
The Objects of the Issue are:
- To meet the working capital requirements
- To meet the Issue Expenses
- General Corporate Purposes
Agni Green Power IPO Details
| Agni Green Power IPO Date | Jul 20, 2022 to Jul 22, 2022 |
| Agni Green Power IPO Face Value | ₹10 per share |
| Agni Green Power IPO Price | ₹10 per share |
| Agni Green Power IPO Lot Size | 10000 Shares |
| Issue Size | 5,250,000 shares of ₹10 (aggregating up to ₹5.25 Cr) |
| Fresh Issue | 5,250,000 shares of ₹10 (aggregating up to ₹5.25 Cr) |
| Issue Type | Fixed Price Issue IPO |
| Listing At | NSE SME |
| Retail Shares Offered | 50% of the net offer |
| NII (HNI) Shares Offered | 50% of the net offer |
| Company Promoters | Mr. Hiranmay Saha, Dr. Kanak Mukhopadhyay, Mrs. Chandana Saha and Mr. Arup Kumar Mahanta are the company promoters. |
Agni Green Power IPO Lot Size
The Agni Green Power IPO lot size is 10000 shares. A retail-individual investor can apply for up to 2 lots (20000 shares or ₹200,000).
| Application | Lots | Shares | Amount |
|---|---|---|---|
| Minimum | 1 | 10000 | ₹100,000 |
| Maximum | 2 | 20000 | ₹200,000 |
Agni Green Power IPO Promoter Holding
| Pre Issue Share Holding | 76.26% |
| Post Issue Share Holding | 55.76% |
Agni Green Power IPO Prospectus
Company Contact Information
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/
Agni Green Power IPO Registrar
Cameo Corporate Services Limited
Phone: +91-44-28460390
Email: investor@cameoindia.com
Website: https://online.cameoindia.com/