Agni Green Power Limited IPO
i. AGNI is in the business of execution of turn-key Solar PV Power Plant projects, including Design, Engineering, Supply, Installation & Commissioning (I&C) and Maintenance, for both Stand-alone and Grid Connected PV Systems from the conceptualization to completion stages.
ii. They are an integrated solar energy solutions provider offering engineering, procurement and construction (“EPC”) services, and operations and maintenance (“O&M”) services to our customers. The company also manufacture 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.
iii. They have also expanded their footprints through four branch offices in Chhattisgarh, Assam, Mizoram and Tripura. The company’s key customers mainly include reputed Government organisations.
iv. The team of AGNI comprise of the following:
• Experience of execution of Solar Photovoltaic Power Plants.
• Working experience in hilly regions of North-East India, Chhattisgarh, West Bengal etc.
• In-house design set-up.
• In-depth knowledge of Safety and Environment.
• Highly qualified and skilled team.
v. As suppliers of solar installations and ecological energy technology products, they deliver integrated sustainable SPV solutions for private and commercial use, as well as the public sector. That’s what their 75 employees are committed to. Their product and services portfolio ranges from home/ street lighting systems to megawatt level power plants.
vi. Competitive Strengths:
a. Organizational stability along with management expertise
b. Smooth flow of operations
c. Well-defined organizational structure
d. Existing Supplier Relationship
Objects of the Agni Green Power Limited IPO:
Agni Green Power Limited IPO Details:
|Open Date:||Jul 20 2022|
|Close Date:||Jul 22 2022|
|Face Value:||₹ 10 Per Equity Share|
|Issue Type:||Fixed Price Issue|
|Issue Size:||5.25 Cr.|
|Lot Size:||10000 Shares|
|Issue Price:||₹ 10 Per Equity Share|
|Listing At:||NSE Emerge|
|Listing Date:||Aug 01 2022|
Promoters And Management:
Financials of Agni Green Power Limited IPO:
|Particulars (in Lakhs)||Mar-22||Mar-21||Mar-20||Mar-19|
|Cost of Materials Consumed||567||2,243||1,559||1,967|
|Change in Inventories||-708||79||-283||6|
|Employee Benefits Expense||274||344||351||348|
|Profit before tax||16||14||25||295|
|Total Tax Exps||9||3||15||72|
|No. of shares||195.35||195.35||195.35||195.35|