NTPC Green Energy IPO
IPO Listing Details
- Listing Date
27 Nov 2024
- Listing Price
₹111.60
- Listing Change
3.33%
- Last Traded Price
₹146.21
IPO Details
- Open Date
19 Nov 2024
- Close Date
22 Nov 2024
- IPO
Price Range
₹ 102 - ₹ 108
- IPO
Size
₹ 10000 Cr
- Listing Exchange
BSE, NSE
- Listing Date
27 Nov 2024
IPO Timeline
NTPC Green Energy IPO Subscription Status
Date | QIB | NII | Retail | TOTAL |
---|---|---|---|---|
19-Nov-24 | 0.00 | 0.17 | 0.19 | 0.36 |
21-Nov-24 | 0.79 | 2.52 | 1.07 | 0.98 |
22-Nov-24 | 3.51 | 0.85 | 3.59 | 2.55 |
Last Updated: 22 November 2024 6:52 PM by 5Paisa
NTPC Green Energy IPO is set to open on 19 November 2024 and will close on 22 November 2024. NTPC Green Energy focuses on renewable energy projects through both organic and inorganic expansion.
The IPO is a fresh issue of 92.59 Cr shares aggregating to ₹10,000 Cr. The price range is set between ₹102 to ₹108 per share and the lot size is shares.
The allotment is scheduled to be finalised on 25 November 2024. It will go public on BSE, NSE, with a tentative listing date of 27 November 2024.
Nuvama Wealth Management Ltd, IIFL Securities Ltd, HDFC Bank Ltd, IDBI Capital Markets & Securities Ltd are the book running lead managers while Kfin Technologies Ltd is the registrar.
NTPC Green Energy IPO Size
Types | Size |
---|---|
Total IPO Size | ₹10,000 Cr |
Offer For Sale | - |
Fresh Issue | ₹10,000 Cr |
NTPC Green Energy IPO Lot Size
Application | Lots | Shares | Amount |
---|---|---|---|
Retail (Min) | 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 Reservation
Investors Category | Subscription (times) | Shares Offered | Shares bid for | Total Amount (Cr.) |
---|---|---|---|---|
QIB | 3.51 | 24,44,44,445 | 85,84,49,286 | 9,271.252 |
NII (HNI) | 0.85 | 12,22,22,222 | 10,44,97,602 | 1,128.574 |
Retail | 3.59 | 8,14,81,481 | 29,27,34,294 | 3,161.530 |
Employees | 0.83 | 1,94,17,476 | 1,61,74,566 | 174.685 |
Total | 2.55 | 56,01,58,217 | 1,42,65,06,000 | 15,406.265 |
NTPC Green Energy IPO Anchor Allocation
Anchor Bid Date | 18 November, 2024 |
Shares Offered | 366,666,666 |
Anchor portion Size (In ₹ Cr.) | 3,960.00 |
Anchor lock-in period end date for 50% shares (30 Days) | 25 December, 2024 |
Anchor lock-in period end date for remaining shares (90 Days) | 23 February, 2025 |
1. Investment in the wholly owned Subsidiary, NTPC Renewable Energy Limited (NREL).
2. General corporate purposes.
Incorporated in April 2022, NTPC Green Energy Limited, a subsidiary of NTPC Limited, focuses on renewable energy projects through both organic and inorganic expansion. As of August 31, 2024, it operates 3,071 MW from solar and 100 MW from wind projects across six states. The company’s portfolio includes 14,696 MW, with 2,925 MW in operation and 11,771 MW in awarded projects.
NTPC Green Energy has strong backing from NTPC Limited, leveraging its expertise in large-scale project execution and established relationships with off-takers and suppliers. With a skilled team of 234 employees and 45 contract workers, it is actively constructing 31 renewable projects totaling 11,771 MW across seven states.
Peers
Adani Green Energy Ltd
ReNew Energy Global PLC
Particulars (in Rs. Crores) | FY24 | FY23 |
---|---|---|
Revenue | 2,037.66 | 170.63 |
EBITDA | 1,746.47 | 151.38 |
PAT | 344.72 | 171.23 |
Particulars (in Rs. Crores) | FY24 | FY23 |
---|---|---|
Total Assets | 27,206.42 | 18,431.4 |
Share Capital | 5,719.61 | 4,719.61 |
Total Borrowings | 12,796.74 | - |
Particulars (in Rs. Crores) | FY24 | FY23 |
---|---|---|
Net Cash Generated From / (used in) operating activities | 1,579.12 | 17.27 |
Net Cash Generated From / (used in) investing activities | -9,207.05 | -10,304.30 |
Net Cash Generated From / (used in) financing activities | 7,670.81 | 10,353.47 |
Net Increase (Decrease) In Cash And Cash Equivalents | 42.88 | 72.75 |
Strengths
1. Backed by NTPC Limited, providing financial strength and industry credibility.
2. Large and growing renewable energy portfolio with diverse solar and wind projects.
3. Strong experience in large-scale project execution and renewable energy development.
4. Extensive network of off-takers and suppliers, ensuring stable project demand.
5. Skilled workforce and additional contract labor support ongoing project expansion.
Risks
1. Heavy reliance on renewable energy projects may limit diversification.
2. Regulatory changes in renewable energy could impact project viability.
3. Project delays or cost overruns could affect profitability.
4. Dependence on specific states and off-takers may impact revenue stability.
5. Competitive pressures in renewable energy could affect market share and margins.
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FAQs
NTPC Green Energy IPO opens from 19 November to 22 November 2024.
The size of NTPC Green Energy IPO is ₹10,000 Cr.
The price of NTPC Green Energy IPO is fixed at ₹102 to ₹108 per share.
To apply for NTPC Green Energy IPO, follow the steps given below:
● Login to your 5paisa account and select the issue in the current IPO section
● Enter the number of lots and the price at which you wish to apply for the NTPC Green Energy IPO.
● Enter your UPI ID and click on submit. With this, your bid will be placed with the exchange.
You will receive a mandate notification to block funds in your UPI app.
The minimum lot size of NTPC Green Energy IPO is 138 shares and the investment required is ₹14076.
The share allotment date of NTPC Green Energy IPO is 25 November 2024
The NTPC Green Energy IPO will be listed on 27 November 2024.
Nuvama Wealth Management Ltd, IIFL Securities Ltd, HDFC Bank Ltd, IDBI Capital Markets & Securities Ltd are the book running lead managers for NTPC Green Energy IPO.
NTPC Green Energy plans to utilise the raised capital from the IPO for:
1. Investment in the wholly owned Subsidiary, NTPC Renewable Energy Limited (NREL).
2. General corporate purposes.
Contact Information
NTPC Green Energy
NTPC Green Energy Limited
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/
NTPC Green Energy IPO Register
Kfin Technologies Limited
Phone: 04067162222, 04079611000
Email: ntpcgreen.ipo@kfintech.com
Website: https://kosmic.kfintech.com/ipostatus/
NTPC Green Energy IPO Lead Manager
IDBI Capital Market Services Limited
HDFC Bank Limited
IIFL Securities Ltd
Nuvama Wealth Management Limited
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