NTPC Green Energy Limited IPO
MainboardPower Generation
Listed On: Nov 27, 2024 at ₹ 111.5(NSE)
₹ 14904 /138 Shares
Check AllotmentPrice Summary
Last Closing
143.60 (32.96%)52 Week High
155.3552 Week Low
111.50Last Update
6-Dec-2024 3:30 PM19 Nov, 2024
Open Date22 Nov, 2024
Close Date25 Nov, 2024
Allotment Date27 Nov, 2024
Listing DateIssue Price
₹102-108 per equity shareFace Value
₹10 Per Equity ShareListing at Group
BSE, NSERegistrar
Kfin Technologies LimitedList Price
111.5(NSE)Listing Date
2024-11-27Market Lot
Retail : 138 Shares (₹14,904/-)S-HNI : 1,932 Shares (₹2,08,656/-)
B-HNI : 9,384 Shares (₹10,13,472/-)
Lead Manager
Idbi Capital Market Services LimitedHdfc Bank Limited
Iifl Securities Ltd
Nuvama Wealth Management Limited
Issue Size
925,925,926 shares(aggregating up to ₹10,000.00 Cr)Retail Portion
10% (Number of Retail Applications: 5,90,446 Approx),(Number of S-HNI Applications : 21,087 Approx),
(Number of B-HNI Applications : 42,175 Approx)
Subscription
2.42 timesNTPC Green Energy IPO Subscription Details
As on | QIB | NII bNII sNII | Retail | Total |
---|---|---|---|---|
Shares Offered / Reserved | 244,444,445 | 122,222,222 81,481,481 40,740,741 | 81,481,481 | 560,158,217 |
Day 1 - 19-11-24 05:00 PM | 0.00 x | 0.16 0.08 x 0.31 x | 1.33 x | 0.33 x |
Day 2 - 21-11-24 05:00 PM | 0.75 x | 0.34 0.21 x 0.62 x | 2.38 x | 0.93 x |
Day 3 - 22-11-24 05:00 PM | 3.32 x | 0.81 0.57 x 1.29 x | 3.44/SH:1.60 x | 2.42 x |
NTPC Green Energy Valuations
EPS Pre IPO
0.46EPS Post IPO
0.42P/E Pre IPO
234.97P/E Post IPO
259.56RoNW
2.14%NTPC Green Energy Company Financials All values are in ₹ Cr.
30-Jun-24 | 31-Mar-24 | 31-Mar-23 | |
---|---|---|---|
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 |
About The Company
NTPC Green Energy Limited is the green energy business of NTPC Limited, registered in April 2022 and energetically leading the charge of transition in India into a clean energy future. Growth for NTPC Green is derived from organic development projects and strategic investments in addition to focusing on making India breathe clean today. NTPC Green commissioned 3,071 MW of solar power, and 100 MW of wind power in six states in India by August 2024 and provided energy supplies for communities and industries.
NTPC Green has grown rapidly with a pipeline of 14,696 MW, of which active projects stand at 2,925 MW and under-development ventures at 11,771 MW. The company is currently working with 15 off-takers in as many as 37 solar and 9 wind projects, which gives it firm partnerships and strong energy lines. Backed by the deep expertise and industry connections of NTPC, NTPC Green is a strong player in the renewable sector, led by a dedicated team of 234 employees and 45 contractors who are bringing India closer to a sustainable future.
NTPC Green Energy - Strength and Weakness
NTPC Green Energy is backed by the extensive experience of NTPC Limited.
The company holds a diverse portfolio of 14,696 MW renewable projects.
Strong credit ratings enable NTPC Green Energy to lower capital costs.
The company is expanding into green hydrogen and energy storage solutions.
Heavy reliance on a few major customers creates revenue vulnerability.
Supply disruptions for solar and wind components can impact operations.
Concentration of projects in Rajasthan increases risk from local disruptions.
NTPC Green Energy - Peers Comparison
P/B Ratio | P/E Ratio | RoNW | Net Worth | |
---|---|---|---|---|
NTPC Green Energy | 9.89 | N/A | 5.53% | 2,149 |
Adani Green Energy | 22.4 | N/A | 17.1% | 10,728 |
ReNew Energy Global | 1.56 | N/A | 0.01% | 8,132 |
NTPC Green Energy - Promoter(s)
Pre Issue Share Holding: N/A%
Post Issue Share Holding: N/A%
- President of India, acting through the Ministry of Power
- Government of India
- NTPC Limited
NTPC Green Energy IPO - Issue 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.
NTPC Green Energy IPO - Anchor Investors
Marquee global institutional investors that became shareholders in NTPC Green Energy in anchor list included New World Fund, International Growth and Income Fund, Goldman Sachs, Morgan Stanley, New York State Teachers Retirement System, Government of Singapore, Monetary Authority of Singapore, T Rowe, Abu Dhabi Investment Authority, and BNP Paribas.
Domestic institutional investors like LIC of India, ICICI Prudential Mutual Fund, Nippon Life India, Kotak AMC, Aditya Birla Sun Life AMC, DSP Mutual Fund, Whiteoak Capital, Canara Robeco MF, Invesco India, SBI Life Insurance, HDFC Life Insurance, Edelweiss Trusteeship, Baroda BNP Paribas MF, HSBC MF, Aditya Birla Sun Life Insurance, Allianz India Equity, Bandhan Mutual Fund, PI Opportunities AIF, Bank of India MF, Union MF, ITI MF, and Canara HSBC Life Insurance also bought shares of the company through the anchor book.
Other Details
NTPC Green Energy
NTPC Bhawan, Core -7, SCOPEComplex 7 Institutional Area, Lodi Road, New Delhi,-110003Kfin Technologies Limited
Phone: 04067162222, 04079611000
Email: ntpcgreen.ipo@kfintech.com
NTPC Green Energy IPO - FAQs
Ans. NTPC Green Energy Limited IPO is a Mainboard IPO. The issue is priced at ₹102-108 per equity share. The minimum order quantity is 138 Shares. The IPO opens on Nov 19, 2024, and closes on Nov 22, 2024. Kfin Technologies Limited is the registrar for the IPO. The shares are proposed to be listed on BSE, NSE.
Ans. The NTPC Green Energy Limited IPO opens on Nov 19, 2024 and closes on Nov 22, 2024.
Ans. The size of NTPC Green Energy Limited IPO is 925,925,926 shares(aggregating up to ₹10,000.00 Cr).
Ans. The IPO price band is set between ₹102-108 per equity share.
Ans. To apply for NTPC Green Energy Limited IPO IPO, follow the steps given below:
- - Open the IPO Ji App or Website
- - Find NTPC Green Energy Limited IPO in the List of IPOs
- - Press "Apply" Button
- - Select Your Demat Account
- - Select Your Shares Quantity and Submit
- - Track Your IPO Status
Ans. The share allotment date of NTPC Green Energy Limited IPO is Nov 25, 2024.
Ans. The NTPC Green Energy Limited IPO will be listed on Nov 27, 2024.
Ans. Follow the steps to check the allotment status for NTPC Green Energy Limited IPO here.