From 19 November 2024 to 22 November 2024, one of the most awaited NTPC Green Energy Ltd IPO has opened for subscription. NTPC Green Energy IPO is a mainboard IPO which will raise around ₹ 10000 crores from fresh issue of 92.59 crore shares.
The allotment for the NTPC Green Energy IPO is expected to be announced on Monday, 25 November 2024. NTPC Green Energy will be listed on NSE and BSE on Wednesday, 27 November 2024 as decided yet.
NTPC Green Energy IPO has set the price band between ₹ 102 and ₹ 108 per share. The minimum ipo lot size of 138 shares for each application. The minimum investment by a retail investor has to be ₹ 14904. For sNII, the minimum number of lots to be purchased is 14 lots which amounts to a minimum investment of ₹ 208656. The bNII must subscribe for at least 68 lots which will amount to ₹ 1013472.
Here Are Quick Steps to Apply for the NTPC Green Energy IPO!
NTPC Green Energy NSE & BSE IPO Details
| Detail | Information |
| IPO Opening Date | November 19, 2024 |
| IPO Closing Date | November 22, 2024 |
| Tentative IPO Listing Date | November 27, 2024 |
| Face Value | ₹10 per share |
| Price Range | ₹ 102 to ₹ 108 per share |
| Lot Size | 138 shares |
| Total Issue Size | 925925926 shares (₹10000 Cr) |
| Fresh Issue | 925925926 shares (₹10000 Cr) |
| IPO Segment | Book Built Issue |
| Listing At | NSE & BSE |
| Shareholding Pre-Issue | 7500000000 shares |
| Shareholding Post-issue | 8425925926 shares |
NTPC Green Energy Limited| Company Overview
NTPC Green Energy Limited has been founded in the year 2022 and in these two years, the green energy firm has garnered enough popularity due to its immense contribution in the green energy space. It is a wholly owned subsidiary of NTPC Limited, which deals in renewable energy through both organic and inorganic routes.
Until 31 August 2024, NTPC Green Energy’s operational capacity was 3071 MW only from the solar projects, and another 100 MW from wind projects present across six different states.
As per 30 June 2024 data, the total portfolio of the company has 14696 MW capacity, out of which 2925 MW is operating projects, while 11771 MW is contracted and awarded projects.
Currently, the company is developing 31 projects across seven different states.
Apply for NTPC Green Energy IPO at zero brokerage!
NTPC Green Energy Limited IPO| Key Details
- NTPC Green Energy IPO Opening Date: November 19, 2024,
- NTPC Green Energy IPO Closing Date: November 22, 2024,
- Allotment Date: November 25, 2024
- Price Band: ₹102 to ₹108 per share
- Lot Size: 138 shares
- Refunds Initiated: November 26, 2024
- Shares Credited to Demat: November 26, 2024
- Listing Date: November 27, 2024
NTPC Green Energy Ltd: Financial Overview
The revenue of NTPC Green Energy Ltd. surged massively by 1094.2% in FY24 on a YoY basis while the profit after tax (PAT) has increased by 101.32% during the same period. Here is the detailed financials of NTPC Green Energy Ltd –
All figures in ₹ Lakhs
| Financial Information | 31 Mar 2024 | 31 Mar 2023 | Change (31 Mar’23 – 31 Mar’24) | Change (%) |
| Assets | 27,206.42 | 18,431.40 | 8,775.02 | 47.6091 |
| Revenue | 2,037.66 | 170.63 | 1,867.03 | 1094.2 |
| Profit After Tax | 344.72 | 171.23 | 173.49 | 101.32 |
| Net Worth | 6,232.14 | NA | NA | NA |
| Reserves and Surplus | 512.6 | 167.88 | 344.72 | 205.337 |
| Total Borrowing | 12,796.74 | NA | NA | NA |
FAQs | NTPC Green Energy Ltd IPO
NTPC Green Energy Ltd is engaged in generating electricity from renewable energy resources such as solar power, wind and hydropower.
The tentative IPO listing date of NTPC Green Energy has been fixed as Wednesday, November 27, 2024.
The bidding date for the NTPC Green Energy IPO is November 19, 2024, and it will continue until November 22, 2024.
The minimum IPO lot size for NTPC Green Energy is 138 shares. For sNII and bNII, the minimum number of lot to be subscribed is 14 and 68 lots.
The IPO allotment is expected to be finalized on Monday, November 25, 2024.
The IPO face value is set at ₹10 per share.
______________________________________________________________________________________
Disclaimer: Investments in the securities market are subject to market risks; read all the related documents carefully before investing.