The NTPC Green Energy IPO is set to open on November 19 and will close on November 22. This IPO follows a Book Built Issue format, with the company aiming to raise approximately ₹10,000 crores. This includes a fresh issue of ₹10,000 crores along with an offer for sale of up to [.] equity shares, each with a face value of ₹10.
The price band for the NTPC Green Energy IPO is set between ₹102 and ₹108 per share. The allocation for retail investors is 10%, for Qualified Institutional Buyers (QIB) it’s 75%, and for High Net-worth Individuals (HNI), 15%. The IPO is scheduled to list on both the BSE and NSE on November 27, with allotment finalization on November 25.
In terms of financial performance, the company reported a revenue of ₹2,037.66 crores in 2024, a significant increase from ₹170.63 crores in 2023. The net profit also saw a considerable rise, reaching ₹1,549.46 crores in 2024, up from ₹118.09 crores in 2023. Based on these strong financials, the IPO appears to be a promising option for long-term investors.
NTPC Green Energy IPO Shareholder Quota Eligibility
The NTPC Green Energy IPO includes a dedicated shareholder quota for existing NTPC shareholders. To qualify for this quota, investors must hold NTPC shares before the filing of the Red Herring Prospectus (RHP). The record date for NTPC shareholders to be eligible is set for November 12, 2024, following the RHP filing on Tuesday. Investors holding at least one share of NTPC as of this cut-off date are eligible to apply for the NTPC Green Energy IPO under the shareholder quota.
NTPC Green Energy IPO Shareholder Quota Details
According to recent updates, the shareholder quota allows NTPC shareholders to apply for up to ₹2 lakhs using the following combinations:
- Shareholder Quota + Retail
- Shareholder Quota + SHNI (Small High Net-Worth Individual)
- Shareholder Quota + BHNI (Big High Net-Worth Individual)
Please note that applications exceeding ₹2 lakhs within the shareholder quota are not permitted, based on the latest available information.
NTPC Green Energy IPO 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 Review (Apply or Not)
- Apply
NTPC Green Energy IPO Date & Price Band Details:
| IPO Open Date: | November 19, 2024 |
| IPO Close Date: | November 22, 2024 |
| Face Value: | ₹10 Per Equity Share |
| IPO Price Band: | ₹102 to ₹108 Per Share |
| Issue Size: | Approx ₹10,000 Crores |
| Fresh Issue: | Approx ₹10,000 Crores |
| Issue Type: | Book Built Issue |
| IPO Listing: | BSE & NSE |
| Retail Quota: | Not more than 10% |
| QIB Quota: | Not more than 75% |
| NII Quota: | Not more than 15% |
| EMP Discount: | ₹5 Per Share |
| DRHP Draft Prospectus: | Click Here |
| RHP Draft Prospectus: | Click Here |
| Anchor Investors List: | Click Here |
NTPC Green Energy IPO Lot Size:
The minimum market lot for the NTPC Green Energy IPO is 138 shares, requiring an application amount of ₹14,904. Retail investors have the option to apply for up to 13 lots, totaling 1,794 shares, with a maximum investment of ₹1,93,752.
| Application | Lot Size | Shares | Amount |
| Retail Minimum | 1 | 138 | ₹14,904 |
| Retail Maximum | 13 | 1,794 | ₹1,93,752 |
| S-HNI Minimum | 14 | 1,932 | ₹2,08,656 |
| B-HNI Minimum | 68 | 9,384 | ₹10,13,472 |
NTPC Green Energy IPO Timeline:
The NTPC Green Energy IPO will open on November 19 and close on November 22. The allotment of shares is scheduled to be finalized on November 25, with the IPO listing set for November 27.
| IPO Open Date: | November 19, 2024 |
| IPO Close Date: | November 22, 2024 |
| Basis of Allotment: | November 25, 2024 |
| Refunds: | November 26, 2024 |
| Credit to Demat Account: | November 26, 2024 |
| IPO Listing Date: | November 27, 2024 |
NTPC Green Energy IPO GMP Today:
The latest Grey Market Premium (GMP) for the NTPC Green Energy IPO is ₹1. With a price band capped at ₹108, the estimated listing price is projected to be ₹109 (cap price + current GMP). This suggests an anticipated gain of 0.93% per share.
Promoters of NTPC Green Energy IPO
The promoters of NTPC Green Energy IPO are the President of India, acting through the Ministry of Power, Government of India, and NTPC Limited.
About NTPC Green Energy IPO
NTPC Limited, the largest public sector enterprise in the renewable energy sector, was founded on November 7, 1975. With a focus on solar and wind power, NTPC is committed to generating clean energy. The company is actively involved in the development of utility-scale renewable energy projects for public sector undertakings (PSUs) and Indian corporations. As of June 30, 2024, NTPC’s total energy capacity stands at 14,696 MW, including 2,925 MW from operational projects and 11,771 MW from contracted and awarded projects. Over the past two years, NTPC has outperformed its peers in terms of EBITDA and PTA margins.
NTPC Green Energy IPO Company Financial Report
The company reported revenue of ₹2037.66 crores in 2024 against ₹170.63 crore in 2023. The company reported profit of ₹1549.46 crores in 2024 against profit of ₹118.09 crores in 2023.
Amount ₹ in Crores
| Period Ended | Revenue | Expense | Profit After Tax | Assets |
| 2023 | ₹170.63 | ₹118.09 | ₹171.23 | ₹18,431.40 |
| 2024 | ₹2,037.66 | ₹1,549.46 | ₹344.72 | ₹27,206.42 |
| June 2024 | ₹607.42 | ₹423.98 | ₹138.61 | ₹28,775.40 |
NTPC Green Energy IPO Valuation – FY2024
Check NTPC Green Energy IPO valuations detail like Earning Per Share (EPS), Price/Earning P/E Ratio, Return on Net Worth (RoNW), and Net Asset Value (NAV) details.
| KPI | Values |
| ROE: | NA |
| ROCE: | NA |
| EBITDA Margin: | 88.99% |
| PAT Margin: | 17.56% |
| Debt to equity ratio: | 1.98 |
| Earning Per Share (EPS): | ₹0.73 (Basic) |
| Price/Earning P/E Ratio: | N/A |
| Return on Net Worth (RoNW): | 5.53% |
| Net Asset Value (NAV): | ₹10.90 |
Peer Group Comparison
| Company | EPS | PE Ratio | RoNW % | NAV | Income |
| Adani Green Energy Limited | 6.21 | 288.36 | 12.81 | 62.08 | 9220.0 Cr. |
| ReNew Energy Global PLC | 9.94 | 52.87 | 3.94 | 290.15 | 8194.8 Cr. |
NTPC Green Energy IPO Registrar
KFin Technologies Limited
Phone: +91 40 6716 2222
E-mail: ntpcgreen.ipo@kfintech.com
Website: https://ris.kfintech.com/
IPO Lead Managers aka Merchant Bankers
- IDBI Capital Markets & SecuritiesbLimited
- HDFC Bank Limited
- IIFL Securities Limited
- Nuvama Wealth Management Limited
Company Address
NTPC Green Energy Limited
NTPC Bhawan, Core -7,
SCOPE Complex 7 Institutional Area,
Lodi Road, New Delhi,
India,110003
Phone: +91 11 24362577;
Email: ngel@ntpc.co.in;
Website: www.ngel.in
NTPC Green Energy IPO – Frequently Asked Questions (FAQs)
What is the NTPC Green Energy IPO?
The NTPC Green Energy IPO is a main-board offering, aiming to raise ₹10,000 crores. The price range for the IPO is set between ₹102 and ₹108 per equity share, with the shares to be listed on both BSE and NSE.
When Will the NTPC Green Energy IPO Open for Subscription?
The IPO will open for subscription on November 19, welcoming participation from QIBs (Qualified Institutional Buyers), NIIs (Non-Institutional Investors), and Retail Investors. The subscription period will close on November 22.
What is the Investor Allocation for the NTPC Green Energy IPO?
The allocation is divided as follows: 75% for QIBs, 15% for NIIs, and 10% for Retail Investors.
How to Apply for the NTPC Green Energy IPO?
You can apply for the NTPC Green Energy IPO online using ASBA (Application Supported by Blocked Amount) through your bank account. Alternatively, you can apply via UPI through your stockbroker or submit an offline application directly with your stockbroker.
What is the Issue Size of the NTPC Green Energy IPO?
The total issue size for the NTPC Green Energy IPO is ₹10,000 crores.
What is the Price Band for the NTPC Green Energy IPO?
The price band for the NTPC Green Energy IPO ranges from ₹102 to ₹108 per share.
What is the Lot Size for the NTPC Green Energy IPO?
The minimum investment requires a bid of 138 shares, amounting to ₹14,904.
When is the Allotment Date for the NTPC Green Energy IPO?
The allotment of shares for the NTPC Green Energy IPO is scheduled for November 25.
When is the NTPC Green Energy IPO Listing Date?
The NTPC Green Energy IPO is set to list on November 27, with trading to begin on both the BSE and NSE.
