Agnikul
1 MAbout Agnikul
A Comprehensive Overview of Price & Journey
Understanding Agnikul Inception and Growth
AGNIKUL COSMOS UNLISTED PRICE
Agnikul Cosmos Private Limited is an unlisted company trading in the private market. Unlike listed companies, valuation and share price of unlisted or pre-IPO companies are determined via negotiation and demand & supply Agnikul Cosmos Private Limited unlisted share.
Investors looking for diversification of their portfolio should carefully analyse Agnikul Cosmos Private Limited unlisted’s share price, valuation and research report for the latest year. This comprehensive report covers of Agnikul Cosmos Private Limited unlisted share that answers simple questions of investors such as how to buy unlisted/ pre-IPO shares Agnikul Cosmos Private Limited, what does Agnikul Cosmos Private Limited do and how Agnikul Cosmos Private Limited performed in the recent years.
AGNIKUL COSMOS PRIVATE LIMITED
Agnikul Cosmos is an Indian technology startup based in Chennai, that design and manufacture rockets and space related technology. Company focuses in designing, developing and manufacturing of orbital-class small -satellite launch vehicles. Company aims to launch satellites according to customer’s specific requirements, including launch timing and the desired orbity. The company made the history by building India’s first private launchpad at ISRO’s Satish Dhawan Space Centre and successfully executing the maiden launch of its sub-orbital demonstrator rocked, Agnibaan SOrTeD.
PRODUCT AND TECHNOLOGY PORTFOLIO
Agnikul cosmos specialized in developing advanced launch vehicles and innovative rocket technologies to provide flexible, reliable and cost-effective satellite launch services. The key products and technologies are discussed below:
CORE LAUNCH VEHICLES & DEMONSTRATORS
AGNIBAAN: It is fully indigenous developed rocket designed to deliver small satellites into low Earth orbit It is built around satellite needs, allowing each mission to be customized without being limited by the rocket. Agnilet is a rocket engine developed and manufactured entirely by agnikul using the 3D printing technology. It is designed to meet different satellite launch requirements by allowing flexibility in mission planning and customization.
AGNIBAAN SOrTeD: It is a small rocket developed by agnikul cosmos to test rocket rocket technology and carry payloads to high altitudes. It can carry payloads of up to 30 kg and is designed for experiments in near- space environments.
DHANUSH: Agnikul Cosmos’s launch platform, designed to support rocket launches. Its development aims to enable launches from marine environments, offering greater flexibility in selecting launch locations. It helps the company expand its launch capabilities in the future.
TECHNOLOGICAL INNOVATIONS
Agnilet and Agnite Engines: Agnikul cosmos develops rocket engines using 3D printing technology. These engines are made from strong, heat resistant metal called Iconel. 3D printing allows several engine parts, such as fuel injectors and cooling channels, to be combined into a single component, reducing the need for assembling and joining many separate parts.
Thrust Capacity: The Agnilet engine produces approximately 6.2 kN of thrust, which the force that helps push the rocket upward.
In-House Avionics and Autopilot: The company develops its own electronics system and flight-control software to guide the rocket during flight. These systems can adjust to different payload weights and rocket configurations, helping maintained controlled flight.
EY RECENT DEVELOPMENTS AND NEWS
MILESTONE GOVERNMENT RESEARCH AND DEVELOPMENT FUNDING FOR REUSABLE ROCKETS
On September 25, 2026, the Technology Development Board under the department of science and technology, government of India, signed an agreement to provide Rs200 Crore in financial support to Agnikul Cosmos under the Research Development and Innovation Fund. The funding will support the Agniban Reusable Launch Vehicle advancing its technology Readiness level TRL-4 to TRL-8.
In early 2026, the government of Tamil Nadu, through its industrial investment arm TIDCO, invested Rs25 Crore in Agnikul under its Startup Investment Policy.
SPACE BASED AI DATA CENTRE INITIATIVE
AgniKul partnered with NeevCloud to build a proof-of-concept model for a space-based AI data center, to be launched on Agnibaan. The idea is that space offers constant sunlight for power and a naturally cold setting, which could ease the heavy electricity and cooling costs of data centres on Earth. This is an early-stage concept, not a working product.
STATE GOVERNMENT TAKES A STAKE
The Tamil Nadu government, through its industrial arm TIDCO, invested ₹25 crore in AgniKul in early 2026. A government body buying shares in a private space startup is unusual, which makes it worth highlighting.
Manufacturing and fundraising
AgniKul is known for its 3D-printed engines. It was the first company to design a rocket engine that can be 3D printed as a single piece. It has also raised about ₹150 crore (roughly $17 million) at a $500 million valuation, with investors including Advenza Global, Atharva Green Ecotech, HDFC Bank, Artha Select Fund, Prathithi Ventures and 100X.VC. The money will go toward launch vehicle development, stage recovery, an upper stage extension and its planned 350-acre space campus.
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AGNIKUL COSMOS UNLISTED PRICE
Agnikul Cosmos Private Limited is an unlisted company trading in the private market. Unlike listed companies, valuation and share price of unlisted or pre-IPO companies are determined via negotiation and demand & supply Agnikul Cosmos Private Limited unlisted share.
Investors looking for diversification of their portfolio should carefully analyse Agnikul Cosmos Private Limited unlisted’s share price, valuation and research report for the latest year. This comprehensive report covers of Agnikul Cosmos Private Limited unlisted share that answers simple questions of investors such as how to buy unlisted/ pre-IPO shares Agnikul Cosmos Private Limited, what does Agnikul Cosmos Private Limited do and how Agnikul Cosmos Private Limited performed in the recent years.
AGNIKUL COSMOS PRIVATE LIMITED
Agnikul Cosmos is an Indian technology startup based in Chennai, that design and manufacture rockets and space related technology. Company focuses in designing, developing and manufacturing of orbital-class small -satellite launch vehicles. Company aims to launch satellites according to customer’s specific requirements, including launch timing and the desired orbity. The company made the history by building India’s first private launchpad at ISRO’s Satish Dhawan Space Centre and successfully executing the maiden launch of its sub-orbital demonstrator rocked, Agnibaan SOrTeD.
PRODUCT AND TECHNOLOGY PORTFOLIO
Agnikul cosmos specialized in developing advanced launch vehicles and innovative rocket technologies to provide flexible, reliable and cost-effective satellite launch services. The key products and technologies are discussed below:
CORE LAUNCH VEHICLES & DEMONSTRATORS
AGNIBAAN: It is fully indigenous developed rocket designed to deliver small satellites into low Earth orbit It is built around satellite needs, allowing each mission to be customized without being limited by the rocket. Agnilet is a rocket engine developed and manufactured entirely by agnikul using the 3D printing technology. It is designed to meet different satellite launch requirements by allowing flexibility in mission planning and customization.
AGNIBAAN SOrTeD: It is a small rocket developed by agnikul cosmos to test rocket rocket technology and carry payloads to high altitudes. It can carry payloads of up to 30 kg and is designed for experiments in near- space environments.
DHANUSH: Agnikul Cosmos’s launch platform, designed to support rocket launches. Its development aims to enable launches from marine environments, offering greater flexibility in selecting launch locations. It helps the company expand its launch capabilities in the future.
TECHNOLOGICAL INNOVATIONS
Agnilet and Agnite Engines: Agnikul cosmos develops rocket engines using 3D printing technology. These engines are made from strong, heat resistant metal called Iconel. 3D printing allows several engine parts, such as fuel injectors and cooling channels, to be combined into a single component, reducing the need for assembling and joining many separate parts.
Thrust Capacity: The Agnilet engine produces approximately 6.2 kN of thrust, which the force that helps push the rocket upward.
In-House Avionics and Autopilot: The company develops its own electronics system and flight-control software to guide the rocket during flight. These systems can adjust to different payload weights and rocket configurations, helping maintained controlled flight.
EY RECENT DEVELOPMENTS AND NEWS
MILESTONE GOVERNMENT RESEARCH AND DEVELOPMENT FUNDING FOR REUSABLE ROCKETS
On September 25, 2026, the Technology Development Board under the department of science and technology, government of India, signed an agreement to provide Rs200 Crore in financial support to Agnikul Cosmos under the Research Development and Innovation Fund. The funding will support the Agniban Reusable Launch Vehicle advancing its technology Readiness level TRL-4 to TRL-8.
In early 2026, the government of Tamil Nadu, through its industrial investment arm TIDCO, invested Rs25 Crore in Agnikul under its Startup Investment Policy.
SPACE BASED AI DATA CENTRE INITIATIVE
AgniKul partnered with NeevCloud to build a proof-of-concept model for a space-based AI data center, to be launched on Agnibaan. The idea is that space offers constant sunlight for power and a naturally cold setting, which could ease the heavy electricity and cooling costs of data centres on Earth. This is an early-stage concept, not a working product.
STATE GOVERNMENT TAKES A STAKE
The Tamil Nadu government, through its industrial arm TIDCO, invested ₹25 crore in AgniKul in early 2026. A government body buying shares in a private space startup is unusual, which makes it worth highlighting.
Manufacturing and fundraising
AgniKul is known for its 3D-printed engines. It was the first company to design a rocket engine that can be 3D printed as a single piece. It has also raised about ₹150 crore (roughly $17 million) at a $500 million valuation, with investors including Advenza Global, Atharva Green Ecotech, HDFC Bank, Artha Select Fund, Prathithi Ventures and 100X.VC. The money will go toward launch vehicle development, stage recovery, an upper stage extension and its planned 350-acre space campus.
Fundamentals
Financials
All values are INR Cr except per share value
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 % |
|---|---|---|
| Mr. Srinath Ravichandran | Co-Founder | 27.20% |
| Lead Institutional Backers | Institutional Growth & Deep-Tech Funds | 50.68% |
| Enterprise / Corporate Investors | Strategic Corporate | 10.08% |
| Angel Investors | Early-Stage & Deep-Tech Angel Backers | 5.80% |
| ESOP Pool | Employee Stock Option Trust | 4.91% |
| other | other | 1.33% |
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 Agnikul Limited varies depending on the category of the investor:
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Venture capital or foreign venture capital investors are subject to lock-in period of 6 months from the date of acquisition of shares
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For AIF investors of Category-II are not subject to any lock-in.
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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 dowload the NSDL or CDSL application and login into the account and check whether the shares have been credited or not.
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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.
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You would also get email confirmation of credit of shares via email
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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.
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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
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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.