IPO Issue Details
Issue Price / Price Band₹10 per share (Fixed Price)
Face Value₹10 Per Share
Lot Size10,000 Shares per Lot
Total Issue Size52,50,000 shares (aggregating up to ₹5.25 Cr)
Issue TypeFixed Price IPO
Sale Type / CategoryFresh Capital
Exchange / PlatformNSE SME
IPO TypeSME
Subscription OpenWed, 20 Jul 2022
Subscription CloseFri, 22 Jul 2022
Anchor AllotmentTue, 19 Jul 2022
Basis of AllotmentWed, 27 Jul 2022
Initiation of RefundsThu, 28 Jul 2022
Credit of Shares to DematFri, 29 Jul 2022
Listing DateMon, 01 Aug 2022
UPI Mandate Deadline2022-07-22
Application & Investment Details
Retail — Min (1 Lots)₹1,00,000 — 10,000 shares
Retail — Max (13 Lots)₹1,300,000 (13 Lots)
HNI — Min (3 Lots)₹3,00,000 — 30,000 shares
NII / HNI Quota47.43% of Issue
Retail Quota47.43% of Issue
Market Maker Quota5.14% of Issue
P/E Ratio (Pre-IPO)250x
Net Offer to Public49,80,000 shares (aggregating up to ₹4.98 Cr)
Reserved for Market Maker2,70,000 shares (aggregating up to ₹0.2700 Cr)
Pre-IPO Promoter Holding1,42,84,800 shares
Post-IPO Promoter Holding1,95,34,800 shares
About Agni Green Power Ltd.
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.
Objects of the Issue
Agni Green Power Ltd. proposes to utilise the net proceeds for the following objects as stated in the DRHP:
1
To meet the working capital requirements
2
To meet the Issue Expenses
3
General Corporate Purposes
Shareholding & Lock-in
Pre-IPO Promoter Holding
1,42,84,800 shares
Post-IPO Promoter Holding
1,95,34,800 shares
