NTPC Green Energy IPO Details
The NTPC Green Energy IPO is a book build issue with a total issue size of ₹10000 cr, comprising of fresh issue of 925925926 equity shares. NTPC Green Energy IPO opened for subscription on Nov 19, 2024 and closed on Nov 22, 2024. NTPC Green Energy IPO is set price band at ₹102 to ₹108 per share, with a lot size of 138 shares. Minimum investment for Retail investors was ₹14,904.00 (at the upper price band) to apply for one lot.
The basis of allotment got finalized on Nov 25, 2024, and listed on both the NSE and BSE on Nov 27, 2024.
Kfin Technologies Limited has been appointed as the registrar. IIFL Capital Services Limited, Hdfc Bank Limited, Idbi Capital Market Services Limited and Nuvama Wealth Management Limited are the Book Running Lead Manager for the issue.
Before investing in the NTPC Green Energy IPO, investors should review the company's financial performance, business objectives, and risk factors mentioned in the offer documents and apply before the subscription window closes.
- Price Band
- ₹ 102 – 108
- Lot Size
- 138
- Issue Size
- ₹10000 Cr
- Minimum Investment
- ₹14904 (138 Shares)
- Listing Date
- 27 November 2024
Current GMP
₹1 (+0.93%)
*Info is indicative. Not an Investment Advice. Grey market trading is unregulated.
About NTPC Green Energy Limited
Incorporated in April 2022, NTPC Green Energy Limited is a wholly-owned subsidiary of NTPC Limited.
- Parent Company: Wholly owned subsidiary of NTPC Limited, India's largest power company, under the Ministry of Power, Government of India.
- Sector: Renewable energy (solar and wind), primarily focusing on utility-scale projects.
- Operating Capacity (as of Aug 31, 2024):
- 3,071 MW of solar power projects.
- 100 MW of wind power projects.
- Total operational capacity across six states.
- Renewable Energy Portfolio:
- As of June 30, 2024, NTPC Green Energy’s total renewable energy portfolio consists of 14,696 MW, which includes:
- 2,925 MW of operating projects.
- 11,771 MW of contracted and awarded projects.
- Additional 10,975 MW of capacity in the pipeline, with agreements (MOUs/term sheets) in place but not finalized.
- As of June 30, 2024, NTPC Green Energy’s total renewable energy portfolio consists of 14,696 MW, which includes:
- Strategy:
- Focused on developing a mix of solar and wind power projects across India.
- Targets utility-scale projects for both public sector undertakings (PSUs) and Indian corporates.
- Power from these projects is fed into the grid through long-term Power Purchase Agreements (PPAs) or Letters of Award (LoAs) with government agencies or public utilities.
- Revenue Composition (FY 2024):
- Renewable energy sales constituted 96.48% of revenue in Q1 FY 2024 and 96.17% for FY 2024. This shows the dominant role of renewable energy in NGEL's business.
- Role in NTPC Group:
- NTPC Green Energy serves as the sustainability arm of NTPC Limited, contributing to the company’s goal to expand non-fossil fuel-based capacity to 45-50% of its total portfolio by 2032, including 60 GW of renewable energy capacity.
- Market Leadership:
- As of June 30, 2024, NTPC Green Energy is the largest renewable energy public sector enterprise (excluding hydro) in India by operating capacity and power generation for FY 2024.
In summary, NTPC Green Energy Limited is a key player in India's renewable energy transition, with a substantial portfolio of solar and wind projects and strong backing from its parent, NTPC Limited. The company is poised to contribute significantly to India's renewable energy targets in the coming years.
NTPC Green Energy IPO Promoters
- President of India,acting through the Ministry of Power, Government of India
- NTPC Limited
Promoters Holding
Holding Pre Issue
100.00%
Holding Post Issue
89.01%
NTPC Green Energy IPO Objective
The Company proposes to utilise the Net Proceeds towards funding the following objects:
- Investment in our 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 purposes
Address / Contact Info
NTPC Green Energy Limited
NTPC Bhawan, Core-7, SCOPE Complex
7 Institutional Area, Lodi Road,
New Delhi - 110003
Phone: +91 11 24362577
Email: ngel@ntpc.co.in
Website: https://www.ngel.in
IPO Snapshot
Book Running Lead Managers
- IIFL Capital Services Limited
- Hdfc Bank Limited
- Idbi Capital Market Services Limited
- Nuvama Wealth Management Limited
Disclaimer: This data is for informational purposes only and does not constitute investment advice. Figures shown are illustrative sample data.
Frequently Asked Questions
Everything you need to know before applying to an IPO.
NTPC Green Energy IPO is a Book-building IPO with a total issue size of ₹10000 crore. The NTPC Green Energy IPO price band is ₹102 to 108 per share. The NTPC Green Energy IPO subscription opens on Tue, Nov 19, 2024, and closes on Fri, Nov 22, 2024. The NTPC Green Energy IPO will be listed on the BSE,NSE. Kfin Technologies Limited is the registrar for the NTPC Green Energy IPO.
The NTPC Green Energy IPO opens on Tue, Nov 19, 2024 and closes on Fri, Nov 22, 2024
NTPC Green Energy IPO Price Band is ₹102 to 108 per share.
NTPC Green Energy IPO lot size is 138 shares, Retail investors need a minimum investment of ₹14904 based on the upper price band
The minimum investment for NTPC Green Energy IPO is ₹14904, based on one lot of 138 shares at the upper price band of ₹108 per share.
Investors can apply for the NTPC Green Energy IPO through the ASBA (Application Supported by Blocked Amount) facility offered by their bank or through UPI using a SEBI-registered broker or trading app. Select the desired lot size, enter your bid within the price band, and submit the application before Fri, Nov 22, 2024. The application amount remains blocked until the NTPC Green Energy IPO allotment is finalized.
NTPC Green Energy IPO issue size is ₹10000 crores.
NTPC Green Energy IPO allotment date is Wed, Jul 1, 2026.
The registrar for NTPC Green Energy IPO is Kfin Technologies Limited. Investors can go to Kfin Technologies Limited website to check NTPC Green Energy IPO allotment status, refund processing, and other IPO-related information.
The NTPC Green Energy IPO GMP (Grey Market Premium) is ₹1 as of Wed, Nov 27, 2024. Based on the upper price band of ₹108 per share, the estimated NTPC Green Energy IPO listing price is ₹109, indicating a potential listing gain of approximately 0% over the issue price.