NTPC Green Energy IPO: NTPC Green Energy is launching an initial public offering (IPO) worth ₹10,000 crore, entirely a fresh issue of 92.59 crore shares. The IPO subscription will open on November 19, 2024, and close on November 22, 2024.
The price band is set between ₹102 and ₹108 per share, with a minimum lot size of 138 shares. Retail investors can participate with a minimum investment of ₹14,904, while sNII investors must apply for at least 14 lots (₹208,656), and bNII investors for 68 lots (₹1,013,472).
The allotment is expected to be finalized on November 25, 2024, with the listing on BSE and NSE tentatively scheduled for November 27, 2024.
NTPC Green Energy IPO Details
| IPO Date | November 19, 2024 to November 22, 2024 |
| Listing Date | – |
| Face Value | ₹10 per share |
| Price Band | ₹102 to ₹108 per share |
| Lot Size | 138 Shares |
| Total Issue Size | 925,925,926 shares (aggregating up to ₹10,000.00 Cr) |
| Fresh Issue | 925,925,926 shares (aggregating up to ₹10,000.00 Cr) |
| Employee Discount | Rs 5 per share |
| Issue Type | Book Built Issue IPO |
| Listing At | BSE, NSE |
| Share holding pre issue | 7,500,000,000 |
| Share holding post issue | 8,425,925,926 |
NTPC Green Energy IPO Open Date & Schedule
NTPC Green Energy IPO opens on November 19, 2024, and closes on November 22, 2024.
| IPO open date | 19 Nov 2024 |
| IPO close date | 22 Nov 2024 |
| UPI mandate deadline | 22 Nov 2024 (5 PM) |
| Allotment finalization | 25 Nov 2024 |
| Refund initiation | 26 Nov 2024 |
| Share credit | 26 Nov 2024 |
| Listing date | 27 Nov 2024 |
| Mandate end date | 07 Dec 2024 |
| Lock-in end date for anchor investors (50%) | 25 Dec 2024 |
| Lock-in end date for anchor investors (remaining) | 23 Feb 2025 |
NTPC Green Energy IPO Lot Size
Investors can bid for a minimum of 138 shares and in multiples thereof.
| Application | Lots | Shares | Amount |
|---|---|---|---|
| Retail (Min) | 1 | 138 | ₹14,904 |
| Retail (Max) | 13 | 1794 | ₹193,752 |
| S-HNI (Min) | 14 | 1,932 | ₹208,656 |
| S-HNI (Max) | 67 | 9,246 | ₹998,568 |
| B-HNI (Min) | 68 | 9,384 | ₹1,013,472 |
About NTPC Green Energy Limited
NTPC Green Energy Limited, a renewable energy subsidiary of NTPC Limited, was established in April 2022 to focus on developing green energy projects through both organic and inorganic growth strategies. As of August 31, 2024, the company had an operational capacity of 3,071 MW from solar projects and 100 MW from wind projects across six states. Its project portfolio, as of June 30, 2024, stood at 14,696 MW, comprising 2,925 MW of operating projects and 11,771 MW of contracted and awarded projects. The company had 15 off-takers across 37 solar and 9 wind projects and is currently constructing 31 renewable energy projects in seven states, totaling 11,771 MW. NTPC Green Energy Limited is committed to driving India’s transition to sustainable energy solutions.
NTPC Green Energy Limited Financial Information (Restated Consolidated)
| Period Ended | 30 Sep 2024 | 31 Mar 2024 |
| Assets | 32,408.30 | 27,206.42 |
| Revenue | 1,132.74 | 2,037.66 |
| Profit After Tax | 175.30 | 344.72 |
| Net Worth | 8,189.18 | 6,232.14 |
| Reserves and Surplus | 596.08 | 512.60 |
| Total Borrowing | 17,057.50 | 12,796.74 |
Key Performance Indicator
The market capitalization of NTPC Green Energy IPO is Rs 91000 Cr. KPI as of September 30, 2024.
| KPI | Values |
|---|---|
| ROE | 7.39% |
| Debt/Equity | 1.91 |
| RoNW | 2.14% |
| P/BV | 9.89 |
| PAT Margin (%) | 16.2 |
What is IPO GMP?
IPO GMP (Initial Public Offering Grey Market Premium) refers to the premium at which shares of a company are traded in the grey market before the IPO is officially listed on stock exchanges. The grey market is an unofficial platform where investors trade IPO shares based on demand and supply, outside of recognized stock exchanges like NSE and BSE.
