Agni Green Power IPO vs Upsurge Seeds of Agriculture IPO

Comparision between Agni Green Power IPO and Upsurge Seeds of Agriculture IPO.

IPO Details

Agni Green Power IPO is a SME Fixed Price Issue IPO proposed to list at NSE SME while Upsurge Seeds of Agriculture IPO is a SME Fixed Price Issue proposed to list at NSE SME.

	Agni Green Power IPO	Upsurge Seeds of Agriculture IPO
Logo
Issue Category	SME	SME
Issue Type	IPO	IPO
Process Type	Fixed Price Issue	Fixed Price Issue
Listing At	NSE SME	NSE SME
Lead Managers	Finshore Management Services Limited	Finshore Management Services Limited
Registrar	Cameo Corporate Services Limited	Link Intime India Private Ltd
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 Upsurge Seeds of Agriculture IPO is up to ₹22.81 Cr. The final issue price of Agni Green Power IPO is ₹10.00 per share and of Upsurge Seeds of Agriculture IPO is ₹120.00 per share.

	Agni Green Power IPO	Upsurge Seeds of Agriculture IPO
Face Value	₹10 per share	₹10 per share
Issue Price (Lower)
Issue Price (Upper)
Issue Price (Final)	₹10.00 per share	₹120.00 per share
Discount (Retail)
Discount (Employee)
Market Lot Size	10000 shares	1200 shares
Fresh Issue Size	52,50,000 shares	19,00,800 shares
Fresh Issue Size (Amount)	up to ₹5.25 Cr	up to ₹22.81 Cr
OFS Issue Size
OFS Issue Size (Amount)
Issue Size Total	52,50,000 shares	19,00,800 shares
Issue Size Total (Amount)	up to ₹5.25 Cr	up to ₹22.81 Cr

IPO Timetable

Agni Green Power IPO opens on Jul 20, 2022, while Upsurge Seeds of Agriculture IPO opens on Jul 29, 2022. The closing date of Agni Green Power IPO and Upsurge Seeds of Agriculture IPO is Jul 22, 2022, and Aug 02, 2022, respectively.

	Agni Green Power IPO	Upsurge Seeds of Agriculture IPO
Anchor Bid Date
Issue Open	Jul 20, 2022	Jul 29, 2022
Issue Close	Jul 22, 2022	Aug 02, 2022
Basis Of Allotment (Tentative)	Jul 27, 2022	Aug 05, 2022
Initiation of Refunds (Tentative)	Jul 28, 2022	Aug 08, 2022
Credit of Share (Tentative)	Jul 29, 2022	Aug 10, 2022
Listing date (Tentative)	Aug 01, 2022	Aug 11, 2022
Anchor Lockin End date 1	Aug 26, 2022	Sep 04, 2022
Anchor Lockin End date 2	Oct 25, 2022	Nov 03, 2022

Financials

Agni Green Power IPO P/E ratio is 250, as compared to Upsurge Seeds of Agriculture IPO P/E ratio of 21.35.

Agni Green Power IPO

Upsurge Seeds of Agriculture 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

Upsurge Seeds of Agriculture Limited Financial Information (Restated)
Period Ended	Total Assets	Total Revenue	Profit After Tax	Net Worth	Reserves and Surplus
31-Mar-20	835.39	1763.73	21.92	92.14	42.14
31-Mar-21	1811.8	6290.31	85.31	324.45	127.45
31-Mar-22	4087.49	7577.15	396.44	1119.3	603.4
Amount in ₹ Lakhs

Promoter Shareholding (Pre-Issue)

96.50%

96.92%

Promoter Shareholding (Post-Issue)

70.57%

70.82%

P/E Ratio

250

21.35

Market Cap

₹19.54 Cr.

₹84.72 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 Upsurge Seeds of Agriculture IPO retail investors are offered 24,90,000 shares. Qualified institutional buyers (QIB) are offered in Agni Green Power IPO and in Upsurge Seeds of Agriculture IPO.

	Agni Green Power IPO	Upsurge Seeds of Agriculture IPO
Anchor Investor Reserveration
Market Maker Reserveration	2,70,000 shares	96,000 shares
QIB
NII	24,90,000 shares	9,02,400 shares
RII	24,90,000 shares	9,02,400 shares
Employee
Others
Total	49,80,000 shares	18,04,800 shares

Bids Received (Subscription)

Agni Green Power IPO subscribed 73.66x in total, whereas Upsurge Seeds of Agriculture IPO subscribed 80.50x.

	Agni Green Power IPO	Upsurge Seeds of Agriculture IPO
QIB (times)
NII (times)	107.40x	101.70x
Big NII (times)
Small NII (times)
RII (times)	39.92x	59.29x
Employee (times)
Other (times)
Total (times)	73.66x	80.50x

Compare with others

Agni Green Power IPO	Upsurge Seeds of Agriculture IPO
Rhetan TMT IPO	Naturo Indiabull IPO
JFL Life Sciences 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
Healthy Life Agritec IPO	Agni Green Power IPO
Kesar India 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

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