Admin
07 November 2024

NTPC Green Energy Limited IPO, GMP, Details, Price, And Review

NTPC Green Energy Limited, established in April 2022, is a wholly-owned subsidiary of NTPC Limited, a ‘Maharatna’ central public sector enterprise. As of June 30, 2024, NTPC Green is the largest public sector company in India in terms of renewable energy capacity (excluding hydro) and power generation in Fiscal 2024. The company specializes in developing renewable energy projects through both organic and inorganic methods. Its diverse portfolio includes 179 renewable energy projects, primarily focused on solar and wind power, spread across more than six states. This geographic diversification helps reduce risks associated with location-specific generation variability.

NTPC Green Energy is committed to expanding its portfolio of large-scale renewable energy projects, aimed at serving public sector undertakings (PSUs) and Indian corporations. For its operational projects, the company has secured long-term Power Purchase Agreements (PPAs) or Letters of Award (LoAs) with key off-takers, including central government agencies like the Solar Energy Corporation of India (SECI), as well as state government bodies and public utilities.

NTPC Green Energy IPO Overview:

● Issue Size: ₹10,000 crore (entirely fresh issue)
● IPO Dates: The specific dates for the IPO launch have not yet been announced.
● Price Band: The price range for the IPO has not been disclosed yet.
● Lead Managers: The book running lead managers for the IPO are:
○ IDBI Capital Market Services Limited
○ HDFC Bank Limited
○ IIFL Securities Ltd
○ Nuvama Wealth Management Limited
● Registrar: Kfin Technologies Limited will act as the registrar for the issue.

WHAT IS GMP?

GMP (Grey Market Premium) is the difference between the IPO price and the grey market price. It is the premium amount paid for the traded IPO shares. It plays an important role in IPOs as it reflects how the IPO would react on the listing day.

A grey market is a place where shares/stocks are traded before being listed officially on the stock exchange.

NTPC Green Energy Limited IPO GMP

GMP Date	IPO Price	GMP	Last Updated
	-	-

**The GMP prices displayed here are solely for informational purposes related to the grey market news. India IPO does not engage in or facilitate grey market trading, nor are these rates (sub2) indicative of any trading activity. We also do not recommend or endorse participation in the grey market.**

NTPC Green Energy IPO Overview

Detail	Description
IPO Date	to
Listing Date	[.]
Face Value	₹10 per share
Price	[.] to [.] per share
Lot Size
Total Issue Size	[.] shares (aggregating up to ₹10,000.00 Cr)
Fresh Issue	[.] shares (aggregating up to ₹10,000.00 Cr)
Issue Type	Book Built Issue IPO
Listing At	BSE, NSE
Shareholding pre issue	7,500,000,000

NTPC Green Energy IPO Reservation

Investor Category	Shares Offered
QIB Shares Offered	Not less than 75% of the Net Issue
Retail Shares Offered	Not more than 10.00% of Net Issue
NII (HNI) Shares Offered	Not more than 15.00% of the Net Issue

NTPC Green Energy IPO Promoter Holding

Share Holding Pre Issue	100.00%
Share Holding Post Issue

Competitive Strength:

● Promoted 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.

NTPC Green Energy Limited Financial Information

Period Ended	30 June 2024	31 Mar 2024	31 Mar 2023
Assets	28,775.4	27,206.42	18,431.4
Revenue	607.42	2,037.66	170.63
Profit After Tax	138.61	344.72	171.23
Net Worth	6,370.75	6,232.14
Reserves and Surplus	651.21	512.6	167.88
Total Borrowing	15,276.98	12,796.74
Amount in ₹ Crore

Objectives of NTPC Green Energy IPO

The company proposes to utilize the Net Proceeds towards funding the following objectives:

● 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.

FAQs for NTPC Green Energy IPO

What is the NTPC Green Energy IPO?

NTPC Green Energy IPO is a main-board IPO. The company is going to raise ₹10,000.0 Crores via IPO. The issue is priced at ₹[.] to ₹[.] per equity share. The IPO is to be listed on BSE & NSE.
When will the NTPC Green Energy IPO open for subscription?

The IPO is to open in 2024 for QIB, NII, and Retail Investors. The IPO will close in 2024.
What is NTPC Green Energy IPO Investors Portion?

The investors’ portion for QIB is 75%, NII is 15%, and Retail is 10%.
What is NTPC Green Energy IPO Issue Size?

NTPC Green Energy IPO issue size is ₹10,000.0 crores.
What is NTPC Green Energy IPO Price Band?

NTPC Green Energy IPO Price Band is ₹[.].
What is NTPC Green Energy IPO Lot Size?

The minimum bid is [.] Shares with ₹[.] amount.
What is the NTPC Green Energy IPO Allotment Date?

NTPC Green Energy IPO allotment date is 2024.
What is the NTPC Green Energy IPO Listing Date?

NTPC Green Energy IPO listing date is 2024. The IPO is to be listed on BSE & NSE.
What is NTPC Green Energy's current GMP?

The current GMP of the NTPC Green Energy is ---.