Apollo Green Energy Limited
-22.95 % 1 MAbout Apollo Green Energy Limited
A Comprehensive Overview of Price & Journey
Understanding Apollo Green Energy Limited Inception and Growth
APOLLO GREEN ENERGY LIMITED UNLISTED SHARE PRICE
Apollo Green Energy Limited is an unlisted company trading in the private market. Unlike listed companies, valuation and share price of unlisted or Pre-IPO companies is determined via negotiation and demand & supply Apollo Green Energy Limited unlisted share.
Investors looking for diversification of their portfolio should carefully analyse Apollo Green Energy Limited unlisted share price, valuation and research report for the latest year. This is the comprehensive coverage of Apollo Green Energy Limited unlisted share that answers simple questions of investors such as how to buy unlisted/ Pre-IPO shares of Apollo Green Energy Limited, what are does Apollo Green Energy Limited do and How has Apollo Green Energy Limited performed in the recent years.
Overview
Apollo Green Energy Limited (AGEL) was formerly known as Apollo International Limited, operates in various sectors that include integrated logistics, digital cinema, leather garments and accessories, international equipment and projects, and marketing and distribution of tires.
Established in 1994, Apollo Green Energy Limited has rapidly grown into a global leader with a presence spanning 45+ countries and has its registered office located in Delhi.
In 1994, Apollo International Group was founded by Mr. Raaja Kanwar, son of Mr. Onkar Kanwar (Chairman of Apollo Tyres Ltd. [$4 billion]), and has grown into a diversified, professionally managed corporate group. With roots in a global enterprise, AIG has become a leader across multiple sectors.
It provides various types of service like truck transportation service, leather handbags, tire marketing distribution service, truck tires, car tires, leather designer lady's bags, bus tires, leather purses, leather jackets, leather wallets, leather belts, leather wallets for men, leather designer bag, leather belts, leather ladies handbags, and leather simple handbag.
If you want to monitor the Apollo Green Energy share price or the Apollo Green unlisted share price, you'll observe that the company's market value and performance are increasing at a steady rate. Furthermore, for those who want more information regarding Apollo Green Energy Limited share price, you can also verify images of the company or updates regarding Apollo Green Energy unlisted share price.
Services
Energy Production
They offer turnkey roof photovoltaic installation for direct electricity.
Energy Storage
Commercial & industrial scale Energy Storage solutions.
Energy Infrastructure
The right infrastructure components for your electrification.
Smart Management
A smart and integrated Energy Management System.
Business Model
Apollo Green deals in three main Verticals:
Green Energy Division: This division aims at providing end-to-end solutions for renewable energy projects, ensuring the seamless integration of solar power, wind energy, and energy storage systems.
Engineering, Procurement & Construction (EPC) Division: This division specializes in medium and large-scale infrastructure and industrial projects. This division undertakes turnkey projects in power, oil storage, transmission, solar, irrigation, and sugar processing sectors across international and domestic markets.
Supply of Goods Division: This division is engaged in trading tyres, batteries, lubricants, white goods, and electronic goods. This division operates in India, Dubai, Singapore, and China, overseeing marketing and distribution operations in 70 countries.
Engineering, Procurement, and Construction (EPC) companies often offer capabilities across several specialized sectors to cater to a variety of industries. Here's a comprehensive breakdown of 12 key EPC segments typically managed by leading firms
-
Infrastructure for Renewables
-
Power Generation, Transmission, and Distribution
-
Small and Medium Scale Enterprises
-
Water Infrastructure
-
Smart City Solutions
-
Agriculture and Irrigation
-
Industrial and Manufacturing
-
Underground Structures
-
Environmental Solutions
-
Transportation Infrastructure
-
Hydropower Facilities
-
Technical & Vocational Education and Training
IPO Details
There are no details provided by the company regarding IPO plans.
Board of Directors
-
Raja Kanwar, Managing Director
-
Sanjay Gupta, Chief Executive Officer
-
Suman Lata Suri, VP- Head Legal & Company Secretary
-
Dinesh Mathur, Head of Projects
-
Love Sharma, Head of Procurement
-
Mohit Gupta, Head of Business Development
-
Hemal Patel, Design Head
Clients of Apollo Green
-
Adani Green
-
MB Power
-
NHPC
-
IndianOil
-
Municipal Corporation Palwal
-
NTPC
-
Breda
Dividend Details
The Holding Company has neither declared nor paid any dividend during the year.
Projects
-
Photonics WaterTech: Installation of smart solar street lights in Bihar (₹392 Cr)
-
Adani Green/Nesteye Insights Pvt. Ltd.: Solar panel installation for the 15 GW Adani Power Project in Gujarat (₹100 Cr)
-
MB Power: Flue Gas Desulfurization (FGD) Systems for Anuppur Thermal Power Project in Madhya Pradesh (₹677.5 Cr)
-
IOCL: Capacity expansion at Barauni refinery (₹313.72 Cr)
-
IOCL: Petrochemical and Lube Integration Project in Vadodara, Gujarat (₹133.53 Cr)
-
Municipal Council Palwal: Water supply system in Palwal, Haryana (₹42.9 Cr)
-
State Water and Sanitation Mission: Rural water supply projects in Uttar Pradesh (₹75 Cr)
Projects Awarded
-
NHPC: 200 MW Solar PV Power Project in Gujarat (₹966 Cr)
-
Patepur Solar Power Project (P) Ltd.: 200 MW EPC project in Bihar (₹1024 Cr)
-
Joint Venture with Ambika Associate: Associated works of 11 KV Line in Bhopal (₹190 Cr)
-
NHPC: 40 MW Solar Power Project in Odisha (₹151 Cr)
-
NTPC/Sterling Wilson: EPC contract for 1250 MW NTPC Solar Park project in Gujarat (₹500 Cr, Pipeline)
-
Municipal Corporation of Gurugram (EcoGreen Energy Pvt. Ltd.): Managing and processing waste, establishing a 25 MW Waste to Energy plant in Haryana (₹500 Cr, Pipeline)
Registered office
The company's registered office is in New Delhi, India.
Subsidiaries
-
Apollo International FZC
-
Sharjah Adsal Exim Private Ltd
-
India BI Proex Limited (earlier known as AIL Proex Limited)
-
Apollo Lycos Netcommerce Limited India
-
Encorp E-services Limited, India
-
Cosmic Investments Limited, India
-
Apollo Sovar Apparel Private Limited, India
Step-down subsidiaries
-
Vinayak Infosys Private Limited, India
-
Apollo International Trading LLC
-
Apollo International PTE Limited, Singapore
-
Apollo TTG East Africa Limited, Uganda
-
Quingdao High Tech Global Company Limited, China
-
Global Investment & Trust S.L., Spain
-
Apollo International USA Inc.
-
The Tech Global LLC -USA
Associate
-
Apollo Logisolutions Limited, India
Competitors
-
Waaree Energies
-
Nayara Energies
-
Azure Power
-
Solar Arise
-
Avaada
SHOW MORE...
APOLLO GREEN ENERGY LIMITED UNLISTED SHARE PRICE
Apollo Green Energy Limited is an unlisted company trading in the private market. Unlike listed companies, valuation and share price of unlisted or Pre-IPO companies is determined via negotiation and demand & supply Apollo Green Energy Limited unlisted share.
Investors looking for diversification of their portfolio should carefully analyse Apollo Green Energy Limited unlisted share price, valuation and research report for the latest year. This is the comprehensive coverage of Apollo Green Energy Limited unlisted share that answers simple questions of investors such as how to buy unlisted/ Pre-IPO shares of Apollo Green Energy Limited, what are does Apollo Green Energy Limited do and How has Apollo Green Energy Limited performed in the recent years.
Overview
Apollo Green Energy Limited (AGEL) was formerly known as Apollo International Limited, operates in various sectors that include integrated logistics, digital cinema, leather garments and accessories, international equipment and projects, and marketing and distribution of tires.
Established in 1994, Apollo Green Energy Limited has rapidly grown into a global leader with a presence spanning 45+ countries and has its registered office located in Delhi.
In 1994, Apollo International Group was founded by Mr. Raaja Kanwar, son of Mr. Onkar Kanwar (Chairman of Apollo Tyres Ltd. [$4 billion]), and has grown into a diversified, professionally managed corporate group. With roots in a global enterprise, AIG has become a leader across multiple sectors.
It provides various types of service like truck transportation service, leather handbags, tire marketing distribution service, truck tires, car tires, leather designer lady's bags, bus tires, leather purses, leather jackets, leather wallets, leather belts, leather wallets for men, leather designer bag, leather belts, leather ladies handbags, and leather simple handbag.
If you want to monitor the Apollo Green Energy share price or the Apollo Green unlisted share price, you'll observe that the company's market value and performance are increasing at a steady rate. Furthermore, for those who want more information regarding Apollo Green Energy Limited share price, you can also verify images of the company or updates regarding Apollo Green Energy unlisted share price.
Services
Energy Production
They offer turnkey roof photovoltaic installation for direct electricity.
Energy Storage
Commercial & industrial scale Energy Storage solutions.
Energy Infrastructure
The right infrastructure components for your electrification.
Smart Management
A smart and integrated Energy Management System.
Business Model
Apollo Green deals in three main Verticals:
Green Energy Division: This division aims at providing end-to-end solutions for renewable energy projects, ensuring the seamless integration of solar power, wind energy, and energy storage systems.
Engineering, Procurement & Construction (EPC) Division: This division specializes in medium and large-scale infrastructure and industrial projects. This division undertakes turnkey projects in power, oil storage, transmission, solar, irrigation, and sugar processing sectors across international and domestic markets.
Supply of Goods Division: This division is engaged in trading tyres, batteries, lubricants, white goods, and electronic goods. This division operates in India, Dubai, Singapore, and China, overseeing marketing and distribution operations in 70 countries.
Engineering, Procurement, and Construction (EPC) companies often offer capabilities across several specialized sectors to cater to a variety of industries. Here's a comprehensive breakdown of 12 key EPC segments typically managed by leading firms
-
Infrastructure for Renewables
-
Power Generation, Transmission, and Distribution
-
Small and Medium Scale Enterprises
-
Water Infrastructure
-
Smart City Solutions
-
Agriculture and Irrigation
-
Industrial and Manufacturing
-
Underground Structures
-
Environmental Solutions
-
Transportation Infrastructure
-
Hydropower Facilities
-
Technical & Vocational Education and Training
IPO Details
There are no details provided by the company regarding IPO plans.
Board of Directors
-
Raja Kanwar, Managing Director
-
Sanjay Gupta, Chief Executive Officer
-
Suman Lata Suri, VP- Head Legal & Company Secretary
-
Dinesh Mathur, Head of Projects
-
Love Sharma, Head of Procurement
-
Mohit Gupta, Head of Business Development
-
Hemal Patel, Design Head
Clients of Apollo Green
-
Adani Green
-
MB Power
-
NHPC
-
IndianOil
-
Municipal Corporation Palwal
-
NTPC
-
Breda
Dividend Details
The Holding Company has neither declared nor paid any dividend during the year.
Projects
-
Photonics WaterTech: Installation of smart solar street lights in Bihar (₹392 Cr)
-
Adani Green/Nesteye Insights Pvt. Ltd.: Solar panel installation for the 15 GW Adani Power Project in Gujarat (₹100 Cr)
-
MB Power: Flue Gas Desulfurization (FGD) Systems for Anuppur Thermal Power Project in Madhya Pradesh (₹677.5 Cr)
-
IOCL: Capacity expansion at Barauni refinery (₹313.72 Cr)
-
IOCL: Petrochemical and Lube Integration Project in Vadodara, Gujarat (₹133.53 Cr)
-
Municipal Council Palwal: Water supply system in Palwal, Haryana (₹42.9 Cr)
-
State Water and Sanitation Mission: Rural water supply projects in Uttar Pradesh (₹75 Cr)
Projects Awarded
-
NHPC: 200 MW Solar PV Power Project in Gujarat (₹966 Cr)
-
Patepur Solar Power Project (P) Ltd.: 200 MW EPC project in Bihar (₹1024 Cr)
-
Joint Venture with Ambika Associate: Associated works of 11 KV Line in Bhopal (₹190 Cr)
-
NHPC: 40 MW Solar Power Project in Odisha (₹151 Cr)
-
NTPC/Sterling Wilson: EPC contract for 1250 MW NTPC Solar Park project in Gujarat (₹500 Cr, Pipeline)
-
Municipal Corporation of Gurugram (EcoGreen Energy Pvt. Ltd.): Managing and processing waste, establishing a 25 MW Waste to Energy plant in Haryana (₹500 Cr, Pipeline)
Registered office
The company's registered office is in New Delhi, India.
Subsidiaries
-
Apollo International FZC
-
Sharjah Adsal Exim Private Ltd
-
India BI Proex Limited (earlier known as AIL Proex Limited)
-
Apollo Lycos Netcommerce Limited India
-
Encorp E-services Limited, India
-
Cosmic Investments Limited, India
-
Apollo Sovar Apparel Private Limited, India
Step-down subsidiaries
-
Vinayak Infosys Private Limited, India
-
Apollo International Trading LLC
-
Apollo International PTE Limited, Singapore
-
Apollo TTG East Africa Limited, Uganda
-
Quingdao High Tech Global Company Limited, China
-
Global Investment & Trust S.L., Spain
-
Apollo International USA Inc.
-
The Tech Global LLC -USA
Associate
-
Apollo Logisolutions Limited, India
Competitors
-
Waaree Energies
-
Nayara Energies
-
Azure Power
-
Solar Arise
-
Avaada
About Apollo Green Energy Limited
IPO Details, Price movement
Performance Highlights for the FY23
-
In FY23, AGEL reported a revenue of Rs. 753.40 crore, and in FY22, the revenue was Rs. 810.36 crore.
-
In FY23, the total expenses for the company were Rs. 765.19 Crore compared to FY22, where the total expenses were Rs. 864.26 Crore.
-
The company in FY23 earns a Profit Before Tax of Rs. 25.65 Crore, and it's very good performance because in FY22, the company incurred a loss of Rs. (11.84 Crore).
-
After all tax expenses, the company earns the Net profit of Rs. 18.18 Crore, but in comparison to this, the company in FY22 earns the net profit of Rs. 25.45 Crore; this is because of the effect of deferred tax.
Revenue Guidance
-
For FY 2024-25, the Company expected revenue of INR 780 crore and an expected margin of INR 62 crore.
-
For FY 2025-26, the Company expected revenue of INR 1360 crore and an expected margin of INR 102 crore.
-
For FY 2026-27, the Company expected revenue of INR 2050 crore and an expected margin of INR 162 crore.
Industry Trends
The India Power EPC market is projected to grow at a CAGR of 21.94%, valued at USD 13.8 billion in 2022, reaching USD 45.36 billion by 2029, driven by rising energy demand, government initiatives, and technological advancements. Rapid industrialization, urbanization, and programs like "Power for All" are expanding market opportunities, while innovations in power generation and transmission boost growth.
India’s Government commitment to reach 500 GW non-fossil power capacity by 2030 Supporting regulations in the form of ISTS Waiver, Green Open Access, RPO/RGO, Hydro & storage push MNRE targeting RE bids worth 50 GW/year over the next 5 years.
Currently, India has an installed capacity of around 90 GW and has potential of around 750 GW, which makes so much demand for solar.
Renewables are expected to drive >75% of the new capacity addition.
While solar is likely to grow by 3X, Wind capacity installation is also being pushed by the Government of India.
Latest Insights of AGEL:
-
Apollo Green Energy Limited (AGEL) aims to expand its renewable energy portfolio to ₹10,000 crore by 2025.
-
Around ₹3,500 crore is managed by the company, with ₹2,500 crore invested in solar power projects spread across multiple states.
-
The company’s IPO may be expected in 2025 for further growth, as stated by the company.
-
It operates in eight states and has developed 400 MW of solar power installations, playing a crucial role in India’s renewable energy sector
-
AGEL aims at finalizing a ₹700 crore Flue Gas Desulfurization (FGD) project aimed at reducing emissions in power generation.
AGEL- Ongoing Projects
-
AGEL is executing a 40 MW fixed tilt solar project in Odisha, contributing to renewable energy generation.
-
A 50 MW floating solar project is underway in Kerala, utilizing water bodies to install solar panels.
-
AGEL is working on a 200 MW solar tracker installation in Gujarat, which increases energy efficiency by adjusting panel angles.
The company focuses on energy-efficient lighting with remote monitoring capabilities by setting up 1,50,000 smart solar street lights in Bihar.
Key Highlights
-
The Projects that are under Execution are worth around ₹2527 Cr
-
The Company has been awarded ₹1024 Cr of the project.
|
Particulars |
Apollo Green Energy Ltd |
Zodiac Energy Ltd |
Ganesh Green Bharat Ltd. |
Bondada Engineering Ltd |
|
Revenue |
790 |
140 |
90 |
371 |
|
PAT |
25 |
3 |
8 |
17 |
|
Share Price (July 24) |
480 |
729 |
433 |
2543 |
|
Market Capital |
1382 |
1069 |
1074 |
5493 |
|
P/E Ratio |
55.30 |
356.33 |
134.25 |
323.11 |
|
P/S Ratio |
1.75 |
7.69 |
11.93 |
14.80 |
-
The company has a healthy Order Book of ₹3551 Cr
-
The Company aims to maintain a 5000 Cr Order Book by 2027
-
Solar projects under execution 400 MW in three states.
-
Its Projects are a Mix of energy infrastructure, fume purification
-
The company has a Geographically Diversified presence in 8 states in India
Peer Comparison
For FY 2023 in Crores
Fundamentals
Financials
All values are INR Cr except per share value
| P&L Statement | 2022 | 2023 | 2024 |
|---|---|---|---|
| Revenue | 810.00 | 753.00 | 1234.00 |
| Other Income | 42.00 | 37.00 | 34.00 |
| COGS | 93.70 | 95.50 | 81.70 |
| Gross Profit | 758.70 | 695.40 | 1186.70 |
| Total Expense | 656.60 | 636.50 | 1080.50 |
| EBIDTA | 102.10 | 58.80 | 106.10 |
| D&A | 34.10 | 6.00 | 9.00 |
| EBIT | 68.00 | 52.80 | 97.10 |
| Interest Expense | 79.90 | 27.20 | 57.20 |
| PBT | -11.80 | 25.60 | 41.20 |
| TAX | -37.30 | 7.50 | 2.60 |
| PAT | 25.50 | 18.20 | 38.60 |
| Diluted EPS | 22.00 | 13.00 | 20.00 |
| Basic EPS | 22.00 | 13.00 | 20.00 |
| Total income | 852.00 | 790.00 | 1,268.00 |
ASSETS
| CURRENT ASSETS | 2022 | 2023 | 2024 |
|---|---|---|---|
| Cash and Cash Equivalents | 72.38 | 69.20 | 2.38 |
| Trade Payables | 209.74 | 208.72 | 396.15 |
| Inventory | 36.91 | 42.91 | 53.80 |
| Other Current Assets | 279.82 | 311.57 | 379.90 |
| Total Current Assets | 598.85 | 632.40 | 832.23 |
| NON CURRENT ASSETS | 2022 | 2023 | 2024 |
|---|---|---|---|
| Plant Property and Equipment | 445.42 | 43.06 | 45.47 |
| Long Term Investment | 268.12 | 480.38 | 67.10 |
| Other Non Current Assets | 158.02 | 47.18 | 538.48 |
| Total Non Current Assets | 871.56 | 570.62 | 651.05 |
| Total Assets | 1,470.41 | 1,203.02 | 1,483.28 |
|---|
| CURRENT LIABILITES | 2022 | 2023 | 2024 |
|---|---|---|---|
| TRADW Payable | 138.75 | 139.34 | 218.72 |
| Other Current Liab | 405.47 | 349.61 | 440.51 |
| NON CURRENTLIABILITIES | 2022 | 2023 | 2024 |
|---|---|---|---|
| Long Term Debt | 355.23 | 198.65 | 273.25 |
| Deffered Tax Liab | 9.27 | 9.27 | - |
| Other Non Current Liab | 129.78 | 36.41 | 18.37 |
LIABILITIES
| EQUITY | 2022 | 2023 | 2024 |
|---|---|---|---|
| Share Capital | 19.00 | 19.00 | 19.00 |
| Other Equity | 412.64 | 450.54 | 513.26 |
| Total Equity | 431.64 | 469.54 | 532.26 |
| Total Liabilities & Equity | 431.64 | 469.54 | 532.26 |
|---|
| CASH FLOW STAT | 2022 | 2023 | 2024 | |
|---|---|---|---|---|
| Cash Flow from operating | - | 33.00 | -80.00 | 14.00 |
| Cash Flow from financing | - | -70.00 | -305.00 | 6.00 |
| Cash Flow from investing | - | 50.51 | 381.03 | -35.08 |
| Net cash flow | 0.00 | 13.51 | -3.97 | -15.08 |
Revenue Growth
PAT Growth %
EPS Growth %
TOTAL ASSETS Growth %
QUICK RATIO Growth %
LONG TERM DEBT TO EQUITY RATIO Growth %
Shareholding Pattern
2026
| Name | Designation | Share % |
|---|---|---|
| OSK Holdings (AIL) Private Limited | NA | 32.00% |
| AIL Consultant Private Limited | NA | 21.00% |
| Raaja kanwar | NA | 18.00% |
| Amit Dyechem Private Limited | NA | 15.00% |
| Global propmart Private Limited | NA | 13.00% |
| Others | NA | 1.00% |
Events
| Name | Date | Details |
|---|---|---|
| No events available. | ||
Frequently Asked Questions
Like any other financial product or commodity, the price of unlisted shares is discovered at the intersection of demand from buyers and supply from sellers of particular unlisted shares.
The two determinants of price are dynamic factors and keep changing constantly, hence share price tends to fluctuate constantly – every day, every minute.
Upon successful completion of a deal, the unlisted shares are credited electronically directly to your standard demat account that is usually created with CDSL or NSDL (Central Depository Services Limited or National Securities Depository Limited)
The lock-in period of Purple Style Labs Limited varies depending on the category of the investor:
-
Venture capital or foreign venture capital investors are subject to lock-in period of 6 months from the date of acquisition of shares
-
For AIF investors of Category-II are not subject to any lock-in.
-
Any other investor, including retail investors, HNI or corporate investors are subject to a lock-in period of 6 months from the date of listing.
Note – The above-mentioned lock-in is for mainboard, however for SME IPO the applicable lock-in period is 1 Year.
There is no regulatory minimum limit to invest in unlisted shares. However, minimum investment size varies with the per share price. Earlier, the typical investment size often ranges between 70K – 100K, but with the growing awareness and increased participation the investment size has been down sized to 50k.
Short-Term Capital Gain tax is applicable when you sell your unlisted shares within a year from date of acquisition. Realized gain is taxable at your slab rate after consolidating in total income for the year. Hence, the rate of tax depends on your overall income for the particular financial year.
Long-Term Capital Gain taxes are applicable when you sell your unlisted shares after two years from the date of acquisition. LTCG tax is calculated on profits realized on sale of unlisted shares at 12.5%. Investors particularly retail or HNI must understand the concept clearly as it impacts strategy and tax planning.
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You can download the NSDL or CDSL application and login into the account and check whether the shares have been credited or not.
-
Credit of Unlisted Shares/Pre-IPO shares can be checked in brokers application as well but it takes T+2 days to show the shares.
-
You would also get email confirmation of credit of shares via email
-
The value of share in unlisted space is determined in the same way as it is done in the listed market. Demand and supply decide the price of any share. If the demand is more than the supply, then the price of the share increases and vice versa.
-
When a new share is introduced in the unlisted space, the value of the company is decided upon the last funding raised by the company. If the company hasn’t raised any funding in the past, then the valuation is decided upon the fundamentals of the company.
Yes, investing in unlisted shares is legal in India, the activity is regulated and governed under the rules and guidelines laid by SEBI (Securities and Exchange Board of India). Related parties must comply with the regulations and guidelines to ensure legal and financial standards.
Investing in unlisted shares in India carries a significant and distinctive risk profile such as limited liquidity, lack of transparent pricing and regulatory oversight because unlisted shares do not trade on listed stock exchange, they are bought or sold in OTC (over the counter) market that makes vulnerable to following risks:
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Liquidity risk, unlisted shares are difficult to buy and sell,
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Lack of transparent pricing, as share price of pre-IPO or unl;isted company is often determined by narrative not fundamentals
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Lack of information disclosure, unlisted companies are not mandated for disclosures like listed companies
-
Tax ambiguity, because determination of fair market value and cost of acquisition of unlisted shares is often disputed
Hence, investors should carefully examine related facts before investing in Pre-IPO or unlisted shares.