NTPC Green Energy Limited is launching an Initial Public Offering (IPO) valued at ₹10,000 crore, consisting entirely of a fresh issue of 92.59 crore shares. The subscription period for this IPO begins on November 19, 2024, and will conclude on November 22, 2024. The IPO is expected to be listed on both BSE and NSE on November 27, 2024, with an allotment date set for November 25, 2024.
The price band is set at ₹102-₹108 per share, with a minimum lot size of 138 shares, requiring a retail investment of at least ₹14,904. For small non-institutional investors (sNII), the minimum investment is ₹208,656, while big non-institutional investors (bNII) will need a minimum of ₹1,013,472.
NTPC Green Energy IPO Detailed Information
- IPO Dates: November 19, 2024 – November 22, 2024
- Listing Date: November 27, 2024 (tentative)
- Allotment Date: November 25, 2024
- Face Value: ₹10 per share
- Issue Type: Book Built Issue IPO
- Price Band: ₹102 – ₹108 per share
- Minimum Lot Size: 138 shares
NTPC Green Energy IPO Timeline (Tentative Schedule)
| Event | Date |
| IPO Open Date | November 19, 2024 (Tuesday) |
| IPO Close Date | November 22, 2024 (Friday) |
| Basis of Allotment | November 25, 2024 (Monday) |
| Initiation of Refunds | November 26, 2024 (Tuesday) |
| Credit of Shares to Demat | November 26, 2024 (Tuesday) |
| Listing Date | November 27, 2024 (Wednesday) |
| UPI Mandate Cut-off | 5 PM, November 22, 2024 |
NTPC Green Energy IPO Reservation by Investor Category
| Investor Category | Shares Offered |
| Qualified Institutional Buyers (QIBs) | At least 75% of Net Issue |
| Non-Institutional Investors (NII) | Up to 15% of Net Issue |
| Retail Investors | Up to 10% of Net Issue |
NTPC Green Energy IPO IPO Size Lot
| Application Type | Minimum Lots | Shares | Investment Amount |
| Retail | 1 | 138 | ₹14,904 |
| Retail Max | 13 | 1,794 | ₹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 Energy IPO Promoter Holding Pre and Post-Issue
The promoters of NTPC Green Energy Limited are the President of India, through the Ministry of Power, and NTPC Limited. The current pre-issue shareholding is 100%, and this will reduce post-issue due to the fresh issuance.
NTPC Green Energy Company Background and Strengths
Incorporated in April 2022, NTPC Green Energy Limited is a wholly-owned subsidiary of NTPC Limited. Focused on renewable energy, the company currently operates a portfolio with a capacity of 14,696 MW as of June 30, 2024, which includes:
- 3,071 MW from solar and 100 MW from wind projects across six states.
- A pipeline of 11,771 MW across 31 ongoing projects in seven states.
The company is known for leveraging NTPC’s expertise in large-scale project execution and robust relationships with suppliers and offtakers. As of June 30, 2024, NTPC Green Energy employs 234 full-time workers and 45 contract laborers.
NTPC Green Energy Financial Information
| Financials | 30 Sep 2024 | 31 Mar 2024 | 31 Mar 2023 |
| Total Assets | ₹32,408.30 Cr | ₹27,206.42 Cr | ₹18,431.40 Cr |
| Revenue | ₹1,132.74 Cr | ₹2,037.66 Cr | ₹170.63 Cr |
| Profit After Tax (PAT) | ₹175.30 Cr | ₹344.72 Cr | ₹171.23 Cr |
| Net Worth | ₹8,189.18 Cr | ₹6,232.14 Cr | N/A |
| Reserves & Surplus | ₹596.08 Cr | ₹512.60 Cr | ₹167.88 Cr |
| Total Borrowing | ₹17,057.50 Cr | ₹12,796.74 Cr | N/A |
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