NTPC Green Energy Limited IPO

Mainboard

Power Generation

Listed On: Nov 27, 2024 at ₹ 111.5(NSE)

₹ 14904 /138 Shares

Check Allotment

Price Summary

Last Closing

143.60 (32.96%)

52 Week High

155.35

52 Week Low

111.50

Last Update

6-Dec-2024 3:30 PM

NTPC Green Energy IPO Details

19 Nov, 2024

Open Date

22 Nov, 2024

Close Date

25 Nov, 2024

Allotment Date

27 Nov, 2024

Listing Date

Issue Price

₹102-108 per equity share

Face Value

₹10 Per Equity Share

Listing at Group

BSE, NSE

Registrar

Kfin Technologies Limited

List Price

111.5(NSE)

Listing Date

2024-11-27

Market 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 Limited
Hdfc 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 times

IPO Docs

DRHP RHP ANCHOR

NTPC 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

Total No. of Applications: 22,26,023 (Approx)

Retail Subscription on the basis of Applications: Retail:2.57x BHNI:0.10x SHNI:1.16x times

NTPC Green Energy Valuations

EPS Pre IPO

0.46

EPS Post IPO

0.42

P/E Pre IPO

234.97

P/E Post IPO

259.56

RoNW

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

Strength

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.

Weakness

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%

Company Promoter(s)

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

NTPC Green Energy raises Rs 3,960 crore via anchor book.

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

Company Contact Details

NTPC Green Energy

NTPC Bhawan, Core -7, SCOPEComplex 7 Institutional Area, Lodi Road, New Delhi,-110003

Phone: +91 11 24362577

Email: ngel@ntpc.co.in

Website: https://www.ngel.in/

Registrar Contact Details

Kfin Technologies Limited

Phone: 04067162222, 04079611000

Email: ntpcgreen.ipo@kfintech.com

Website: https://kosmic.kfintech.com/ipostatus/

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.