Agni Green Power IPO vs Kesar India IPO

Comparision between Agni Green Power IPO and Kesar India IPO.

IPO Details

Agni Green Power IPO is a SME Fixed Price Issue IPO proposed to list at NSE SME while Kesar India IPO is a SME Fixed Price Issue proposed to list at BSE SME.

	Agni Green Power IPO	Kesar India IPO
Logo
Issue Category	SME	SME
Issue Type	IPO	IPO
Process Type	Fixed Price Issue	Fixed Price Issue
Listing At	NSE SME	BSE SME
Lead Managers	Finshore Management Services Limited	Hem Securities Limited Fedex Securities Pvt Ltd
Registrar	Cameo Corporate Services Limited	Kfin Technologies Limited
Market Maker
DRHP	DRHP	DRHP
RHP	RHP	RHP
Anchor Investor
IPO Allotment URL	IPO Allotment URL	IPO Allotment URL

Issue Size and Price

The total issue size of Agni Green Power IPO is up to ₹5.25 Cr whereas the issue size of the Kesar India IPO is up to ₹15.82 Cr. The final issue price of Agni Green Power IPO is ₹10.00 per share and of Kesar India IPO is ₹170.00 per share.

	Agni Green Power IPO	Kesar India IPO
Face Value	₹10 per share	₹10 per share
Issue Price (Lower)
Issue Price (Upper)
Issue Price (Final)	₹10.00 per share	₹170.00 per share
Discount (Retail)
Discount (Employee)
Market Lot Size	10000 shares	800 shares
Fresh Issue Size	52,50,000 shares	9,30,400 shares
Fresh Issue Size (Amount)	up to ₹5.25 Cr	up to ₹15.82 Cr
OFS Issue Size
OFS Issue Size (Amount)
Issue Size Total	52,50,000 shares	9,30,400 shares
Issue Size Total (Amount)	up to ₹5.25 Cr	up to ₹15.82 Cr

IPO Timetable

Agni Green Power IPO opens on Jul 20, 2022, while Kesar India IPO opens on Jun 30, 2022. The closing date of Agni Green Power IPO and Kesar India IPO is Jul 22, 2022, and Jul 04, 2022, respectively.

	Agni Green Power IPO	Kesar India IPO
Anchor Bid Date
Issue Open	Jul 20, 2022	Jun 30, 2022
Issue Close	Jul 22, 2022	Jul 04, 2022
Basis Of Allotment (Tentative)	Jul 27, 2022	Jul 07, 2022
Initiation of Refunds (Tentative)	Jul 28, 2022	Jul 08, 2022
Credit of Share (Tentative)	Jul 29, 2022	Jul 11, 2022
Listing date (Tentative)	Aug 01, 2022	Jul 12, 2022
Anchor Lockin End date 1	Aug 26, 2022	Aug 06, 2022
Anchor Lockin End date 2	Oct 25, 2022	Oct 05, 2022

Financials

Agni Green Power IPO P/E ratio is 250, as compared to Kesar India IPO P/E ratio of 13.87.

Agni Green Power IPO

Kesar India IPO

Financial

Agni Green Power Limited Financial Information (Restated)
Period Ended	Total Assets	Total Revenue	Profit After Tax	Net Worth	Reserves and Surplus
31-Mar-19	4601.52	3173.32	223.3	2619.1	1904.86
31-Mar-20	4530.39	2324.05	10.25	2629.35	1915.11
31-Mar-21	4648.97	3526.79	10.56	2639.91	1925.67
31-Jan-22	4404.55	711.81	7.13	2647.04	1218.56
Amount in ₹ Lakhs

Kesar India Limited Financial Information (Restated)
Period Ended	Total Assets	Total Revenue	Profit After Tax	Net Worth
31-Mar-19	220.31	18.54	0.73	-85.88
31-Mar-20	243.2	57.7	3.73	-82.15
31-Mar-21	374.72	119.71	1.19	-80.96
31-Dec-21	818.31	695.5	324.49	243.65
Amount in ₹ Lakhs

Promoter Shareholding (Pre-Issue)

96.50%

100%

Promoter Shareholding (Post-Issue)

70.57%

73.65%

P/E Ratio

250

13.87

Market Cap

₹19.54 Cr.

₹60.02 Cr.

ROE

ROCE

Debt/Equity

EPS

RoNW

Shares Offered

In the Agni Green Power IPO retail investors (RII) are offered 24,90,000 shares while in Kesar India IPO retail investors are offered 24,90,000 shares. Qualified institutional buyers (QIB) are offered in Agni Green Power IPO and in Kesar India IPO.

	Agni Green Power IPO	Kesar India IPO
Anchor Investor Reserveration
Market Maker Reserveration	2,70,000 shares	47,200 shares
QIB
NII	24,90,000 shares	4,41,600 shares
RII	24,90,000 shares	4,41,600 shares
Employee
Others
Total	49,80,000 shares	8,83,200 shares

Bids Received (Subscription)

Agni Green Power IPO subscribed 73.66x in total, whereas Kesar India IPO subscribed 1.77x.

	Agni Green Power IPO	Kesar India IPO
QIB (times)
NII (times)	107.40x	2.62x
Big NII (times)
Small NII (times)
RII (times)	39.92x	0.91x
Employee (times)
Other (times)
Total (times)	73.66x	1.77x

Compare with others

Agni Green Power IPO	Kesar India IPO
Rhetan TMT IPO	Olatech Solutions IPO
JFL Life Sciences IPO	Veekayem Fashion and Apparels IPO
Olatech Solutions IPO	Upsurge Seeds of Agriculture IPO
Veekayem Fashion and Apparels IPO	Agni Green Power IPO
Upsurge Seeds of Agriculture IPO	Healthy Life Agritec IPO
Healthy Life Agritec IPO	B Right Realestate IPO
Kesar India IPO	Jayant Infratech IPO
B Right Realestate IPO	SKP Bearing Industries IPO
Jayant Infratech IPO	Veerkrupa Jewellers IPO
SKP Bearing Industries IPO	Sailani Tours N Travels IPO

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