NTPC Green Energy Mainline IPO worth of ₹10000.00 Cr is coming soon. it is a Mainline IPO which will list on BSE, NSE.
IPO opening and closing dates, IPO price band and lot size are yet to be announced.
Stay connected with us to get the complete NTPC Green Energy Mainline IPO 2024 details including business overview, financial performance, IPO opening and closing dates, GMP, issue details and subscription details.
NTPC Green Energy IPO Details
| IPO Issue Opening Date: | |
| IPO Issue Closing Date: | |
| IPO Issue Price: | ₹TBD Per Share |
| DRHP: | Download DRHP |
| IPO Listing At: | BSE, NSE |
| Retail Quota: | Not more than 10.00% of Net Issue |
| IPO Issue Type: | Book Build Issue |
| IPO Issue Size: | ₹10000.00 Cr |
| Fresh Issue: | ₹10000.00 Cr |
| Face Value: | ₹10 Per Equity Share |
| IPO Discount: | TBD |
| Promoter Holding Pre IPO: | 100.00% |
| Promoter Holding Post IPO: |
NTPC Green Energy IPO Important Dates
Get important updates regarding NTPC Green Energy IPO tentative timeline covering IPO opening, closing, allotment, and listing dates. Dates are updated as they are announced.
| IPO Activity | Date |
|---|---|
| Basis of Allotment Date* | |
| Refunds Initiation* | |
| Credit of Shares to Demat* | |
| IPO Listing Date* |
* – Tentative Dates
NTPC Green Energy IPO Lots
| IPO Activity | Date |
|---|---|
| Issue Price | ₹TBD |
| Market Lot: | TBD Shares |
| 1 Lot Amount: | ₹TBD |
| Min Small HNI Lots(2-10 Lakh): | TBD – ₹ |
| Min Big HNI Lots(10+ Lakh): | TBD – ₹ |
NTPC Green Energy IPO GMP**
| GMP Date | IPO Price | GMP | Sub2 Sauda Rate | Expected Listing Gain | Last Updated |
|---|---|---|---|---|---|
| 12-11-2024 | NA | 9 | — | ₹9 (%) | 12-Nov-2024 18:27 |
**The GMP prices shown here are only news related to the grey market. We do not trade/deal in grey market or subject to rates (sub2), nor do we recommend trading in grey market.
About Company – NTPC Green Energy
NTPC Green, a part of NTPC Ltd, is the largest renewable energy public sector undertaking in terms of operating capacity and power generation in Fiscal 2024.
The company has a portfolio of both solar and wind power assets across various locations in 6+ states in India. As of August 31, 2024, its operational capacity stood at 3,071 MW solar projects and 100 MW wind projects.
As of June 30, 2024, it has 14,696 MWs including 2,925 MWs of operating projects and 11,771 MW of contracted and awarded projects while its “Capacity under Pipeline, is 10,975 MWs.
The company offers operation & maintenance services for energy projects through third-party service providers.
NTPC Green Energy IPO Strengths
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- Part of India’s leading power company, NTPV Ltd
- Strong portfolio of 14,696 MWs solar and wind projects across geographies and offtakers
- Experienced team in renewable energy project execution and procurement, and O&M
- Growing revenues with strong credit ratings at a low cost of capital employed
- Highly experienced team of management in the renewable energy sector
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| Incorporation | Sector | IPO Issue Size | Website |
| 2022 | Power Generation | ₹10000.00 Cr | https://www.ngel.in/ |
NTPC Green Energy IPO Objective
The company proposes to utilise the Net Proceeds towards funding the following objects
- 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.
Our experts can help you prepare for SME IPO
NTPC Green Energy Limited Financial Information (Restated Consolidated)
NTPC Green Energy Limited’s revenue increased by 1094% and profit after tax (PAT) rose by 101% between the financial year ending with March 31, 2024 and March 31, 2023.
| Period Ended | 30 Jun 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 | ||||||||||||||||||||||||||||||
NTPC Green Energy IPO Peer Comparison
The table below show peer comparison from DRHP/RHP.
| Company | EPS Basic | EPS Diluted | NAV | P/E(x) | RoNW | Financial statements |
|---|---|---|---|---|---|---|
| NTPC Green Energy Limited | 0.73 | 0.73 | 10.9 | 5.53 | Consolidated | |
| Adani Green Energy Ltd | 6.21 | 6.2 | 62.08 | 288.36 | 12.81 | Consolidated |
| Renew Energy Global PLC | 9.94 | 9.92 | 290.15 | 52.87 | 3.94 | Consolidated |
