NTPC Green Energy IPO, Date, Review, Price, Allotment Details

NTPC Green Energy IPO GMP Today, NTPC Green IPO Grey Market Premium Updates | NTPC Green IPO, Latest target, Opening gain

NTPC Green Energy IPO began on November 19, 2024. It will close on November 22, 2024. The Total IPO Size is ₹ 10,000.00 Crore Approx. The company set its IPO price is ₹ 102 to ₹108per share Per Share. There are three basic categories in NTPC Green IPO Subscription:- 1) Qualified Institutional Buyers.  2) Non-Institutional Investors.  3) Retail.

Incorporated in April 2022, NTPC Green Energy Limited is a wholly-owned subsidiary of NTPC Limited. NTPC Green is a renewable energy company that focuses on undertaking projects through organic and inorganic routes.

As of June 30, 2024, the company’s Portfolio consisted of 14,696 MW, including 2,925 MW of operating projects and 11,771 MW of contracted and awarded projects.

As of June 30, 2024, the company had 15 off-takers across 37 solar projects and 9 wind projects.

As of June 30, 2024, the company is constructing 31 renewable energy projects in 7 states, totaling 11,771 MW.

Competitive Strength

  • Promted by NTPC Limited, with its extensive experience in large-scale project execution, maintains strong relationships with offtakers and suppliers and showcases significant financial strength.
  • As of June 2024, the company has a Portfolio of 14,696 MWs solar and wind projects.
  • Experienced team in renewable energy project execution.

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.

As of June 30, 2024, the workforce comprised 234 employees, and the company utilised the services of 45 contract labourers.

NTPC Green IPO Details:

Issuer NTPC Green IPO
Issue Type Book Built Issue IPO
Issue Period Issue Opens: November 19, 2024
Issue Closes: November 22, 2024
Price Brand 102 to ₹108 per share
Issue Size ₹ 10,000.00 Cr
Face Value ₹10 per share
Market Lot 138 Shares
Retail (Max) 193,752
QIB 75%
HNI 15%
Retail Individual Bidders 10%
Listing at NSE & BSE
✔️ Apply With ANGEL Free DEMAT Account
Total Shares Share 925,925,926

NTPC Green IPO GMP Rates day by day

NTPC Green IPO Market Lot:

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

NTPC Green IPO Date, Allotment & Listing:

NTPC Green IPO Opening Date: November 19, 2024
NTPC Green IPO Closing Date: November 22, 2024
Basis of Allotment: November 25, 2024
Initiation of Refunds: November 26, 2024
Credit to Demat Account: November 26, 2024
Listing Date: November 27, 2024

NTPC Green Limited Financial Information (Restated)

NTPC Green Energy Limited’s revenue increased by 1094.19% and profit after tax (PAT) rose by 101.32% between the financial year ending with March 31, 2024 and March 31, 2023.

Period Ended 30 Sep 2024 31 Mar 2024 31 Mar 2023
Assets 32,408.30 27,206.42 18,431.40
Revenue 1,132.74 2,037.66 170.63
Profit After Tax 175.30 344.72 171.23
Net Worth 8,189.18 6,232.14
Reserves and Surplus 596.08 512.60 167.88
Total Borrowing 17,057.50 12,796.74
Amount in ₹ Crore

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
Pre IPO Post IPO
EPS (Rs)  0.46 0.42
P/E (x)  234.97 259.56

Objects of the Issue (NTPC Green IPO Objectives)

The company proposes to utilise the Net Proceeds towards funding the following objects

  • Investment in the wholly owned Subsidiary, NTPC Renewable Energy Limited (NREL), for repayment/ prepayment, in full or in part of certain outstanding borrowings availed by NREL
  • General corporate purpose.

NTPC Green IPO ALLOTMENT STATUS

How to Apply for NTPC Green IPO?

If you’re a new investor Open a DEMAT Account for free with Angel One and build wealth with the best stock choices. Join a 1 million+ family of happy customers.

How to Apply NTPC Green IPO through Zerodha?

Log in to the Console in the Zerodha Website or Application. Go to Portfolio and Click on IPO. You will see the IPO Name “NTPC Green”. Click on the Bid Button. Enter your UPI ID, Quantity, and Price. Submit IPO Application Form. Now go to your UPI App on Net Banking or BHIM App to Approve the mandate. Open a Demat Account with Zerodha.

How to Apply NTPC Green IPO through Upstox?

Log in to the Upstox Application with your credentials. Select the IPO. You will see the IPO Name “NTPC Green”. Click on the Bid Button. Confirm your application. Now go to your UPI App on Net Banking or BHIM App to Approve – the mandate. Open a Demat Account with Upstox.

In case you have not been allotted or for any partial allotment of IPO shares, the blocked amount, if any, will be unblocked/released on or before the UPI mandate expiry date. Please reach out to your bank in case funds are not unblocked/released after the mandate expiry date.

PARENT COMPANY FOR SHAREHOLDER QUOTA

IPO ALLOTMENT TIPS & TRICKS

Frequently Asked Questions

What is NTPC Green IPO?

NTPC Green IPO is a main-board initial public offering of   Equity shares of the face value of ₹- aggregating up to ₹10,000.00 Crores. The issue price of the IPO is ₹102 to ₹108 Per Equity Share. The minimum order quantity is Shares per application and the offer type is Book Built Issue. The IPO opens on November 19, 2024 and closes on November 22, 2024. Link Intime India Private Ltd is the registrar for the IPO. The shares are proposed to be listed on BSE, NSE.

When NTPC Green IPO will open?

The NTPC Green IPO opens on November 19, 2024 and closes on November 22, 2024

How to apply for NTPC Green IPO?

You can apply in NTPC Green IPO online using either UPI or ASBA as payment method. Idbi Capital Market Services Limited, Hdfc Bank Limited, Iifl Securities Ltd and Nuvama Wealth Management Limited are the book running lead managers of the NTPC Green Energy IPO, while Kfin Technologies Limited is the registrar for the issue.

When NTPC Green IPO allotment?

The finalization of Basis of Allotment for NTPC Green IPO will be done on November 25, 2024 and the allotted shares will be credited to your demat account by November 26, 2024

Check the NTPC Green IPO allotment status.

When is NTPC Green IPO listing date?

The NTPC Green IPO listing date is not yet announced. The tentative date of NTPC Green IPO listing is November 27, 2024.

What is the lot size of NTPC Green IPO?

NTPC Green lot size is138 Shares and the minimum order quantity is 1 Share.