Discussion on Apollo Green Energy Limited Unlisted Shares:

All these are concerns related to company's fundamental would you please clarify me

Why was the cost of equity (Ke) used as the discounting factor in your DCF valuation instead of the Weighted Average Cost of Capital (WACC), even though the company has outstanding debt and hybrid capital structures?

On what basis were "Investments" and "Loans & Advances" added to the equity value in your valuation model? Are these considered core business assets, or are they surplus or strategic in nature?

Based on the company’s segmental revenue disclosures, it appears that a significant portion of income is derived from Fashion Technology and Trading activities rather than from Green Energy operations. Could you clarify this?

Can you provide the actual revenue and EBITDA contribution of the Green Energy vertical for FY24–25?

As per the EGM resolution, the company had proposed to issue 5.90 crore shares to Raaja Kanwar and RK Eternova combined. However, actual allotment records suggest that more than 7 crore shares were issued to them collectively. Can you please clarify this discrepancy?

It is now Q2 of FY25, but the company has not yet released its Annual Report for FY24–25. When can investors expect the audited financial statements, director’s report, and management discussion and analysis to be made available?

If available @ 195 update pls

I will buy if it comes around 137

The private placement was conducted at a rate of ₹300 on 12/02/2025. However, the share price has experienced a significant decline to ₹160 within a span of two months. Could you please clarify if any corporate actions, such as a stock split, bonus issue, or rights issue, have taken place during this period?

There is no ESOP Pool in the company.

Who is selling shares in unlisted market ?