Free Equity Delivery
Flat ₹10 per Trade in Intraday & F&O
NTPC Green Energy IPO is a book build issue of ₹10,000.00 crores. The issue is entirely a fresh issue of 92.63 crore shares of ₹10,000.00 crore.
NTPC Green Energy IPO bidding started from Nov 19, 2024 and ended on Nov 22, 2024. The allotment for NTPC Green Energy IPO was finalized on Nov 25, 2024. The shares got listed on BSE, NSE on Nov 27, 2024.
NTPC Green Energy IPO price band is set at ₹108.00 per share . The lot size for an application is 138. The minimum amount of investment required by an retail is ₹14,076 (138 shares). The lot size investment for sNII is 14 lots (1,932 shares), amounting to ₹2,08,656, and for bNII, it is 68 lots (9,384 shares), amounting to ₹10,13,472.
The issue includes a reservation of up to 1,94,17,475 shares for employees offered at a discount of ₹5.00 to the issue price.
IDBI Capital Markets Services Ltd. is the book running lead manager and Kfin Technologies Ltd. is the registrar of the issue.
Refer to NTPC Green Energy IPO RHP for detailed Information.
| IPO Date | November 19, 2024 to November 22, 2024 |
| Listing Date | November 27, 2024 |
| Face Value | ₹10 per share |
| Issue Price Band | ₹102 to ₹108 per share |
| Issue Price Final | ₹108 per share |
| Lot Size | 138 Shares |
| Sale Type | Fresh Capital |
| Total Issue Size | 92,63,29,669 shares (aggregating up to ₹10,000.00 Cr) |
| Employee Discount | ₹5.00 |
| Issue Type | Bookbuilding IPO |
| Listing At | BSE, NSE |
| Share Holding Pre Issue | 7,50,00,00,000 shares |
| Share Holding Post Issue | 8,42,59,25,926 shares |
NTPC Green Energy IPO offers total 92,68,24,881 shares. Out of which 61,11,11,111 (65.94%) allocated to QIB, 24,44,44,445 (26.37%) allocated to QIB, 12,22,22,222 (13.19%) allocated to NII, 8,14,81,481 (8.79%) allocated to RII and 36,66,66,666 (39.56%) allocated to Anchor investors.
| Investor Category | Shares Offered | Maximum Allottees |
|---|---|---|
| QIB Shares Offered | 61,11,11,111 (65.94%) | NA |
| − Anchor Investor Shares Offered | 36,66,66,666 (39.56%) | NA |
| − QIB (Ex. Anchor) Shares Offered | 24,44,44,445 (26.37%) | NA |
| NII (HNI) Shares Offered | 12,22,22,222 (13.19%) | NA |
| − bNII > ₹10L | 8,14,81,481 (8.79%) | 42,174 |
| − sNII < ₹10L | 4,07,40,741 (4.40%) | 21,087 |
| Retail Shares Offered | 8,14,81,481 (8.79%) | 5,90,445 |
| Employee Shares Offered | 1,94,17,475 (2.10%) | NA |
| Shareholders Shares Offered | 9,25,92,592 (9.99%) | NA |
| Total Shares Offered | 92,68,24,881 (100.00%) |
| Application Category | Maximum Bidding Limits | Bidding at Cut-off Price Allowed |
|---|---|---|
| Only RII | Up to Rs 2 Lakhs | Yes |
| Only sNII | Rs 2 Lakhs to Rs 10 Lakhs | No |
| Only bNII | Rs 10 Lakhs to NII Reservation Portion | No |
| Only shareholder | Up to Rs 2 Lakhs | Allowed only if bidding amount is upto Rs 2 lakhs |
| Only employee | Up to | Yes |
| Employee + Shareholder |
|
Yes |
| Employee + Shareholder + RII/NII |
|
Yes for shareholder/employee/RII |
| Shareholder + RII/NII |
|
Yes for shareholder/RII |
| Employee + RII/NII |
|
Yes for shareholder/RII |
Note: To be eligible for the Shareholder Quota, you must hold shares in one of the following companies:
NTPC Green Energy IPO raises ₹3,960.00 crore from anchor investors. NTPC Green Energy IPO Anchor bid date is November 18, 2024. NTPC Green Energy IPO Anchor Investors list
| Bid Date | November 18, 2024 |
| Shares Offered | 36,66,66,666 |
| Anchor Portion Size (In Cr.) | 3,960.00 |
| Anchor lock-in period end date for 50% shares (30 Days) | December 25, 2024 |
| Anchor lock-in period end date for remaining shares (90 Days) | February 23, 2025 |
NTPC Green Energy IPO opens on November 19, 2024, and closes on November 22, 2024.
| IPO Open Date | Tue, Nov 19, 2024 |
| IPO Close Date | Fri, Nov 22, 2024 |
| Tentative Allotment | Mon, Nov 25, 2024 |
| Initiation of Refunds | Tue, Nov 26, 2024 |
| Credit of Shares to Demat | Tue, Nov 26, 2024 |
| Tentative Listing Date | Wed, Nov 27, 2024 |
| Cut-off time for UPI mandate confirmation | 5 PM on Fri, Nov 22, 2024 |
Investors can bid for a minimum of 138 shares and in multiples thereof. The following table depicts the minimum and maximum investment by Individual Investors (Retail) and HNI in terms of shares and amount.
| Application | Lots | Shares | Amount |
|---|---|---|---|
| Retail (Min) | 1 | 138 | ₹14,904 |
| Retail (Max) | 13 | 1,794 | ₹1,93,752 |
| S-HNI (Min) | 14 | 1,932 | ₹2,08,656 |
| S-HNI (Max) | 67 | 9,246 | ₹9,98,568 |
| B-HNI (Min) | 68 | 9,384 | ₹10,13,472 |
Note : The value will be calculated using Equity Dilution = Share Holding Pre Issue - Share Holding Post Issue
Incorporated in April 2022, NTPC Green Energy Limited is a wholly-owned subsidiary of NTPC Limited. NTPC Green is a renewable energy company that focuses on undertaking projects through organic and inorganic routes.
As of August 31, 2024, the company had an operational capacity of 3,071 MW from solar projects and 100 MW from wind projects across six states.
As of June 30, 2024, the company's Portfolio consisted of 14,696 MW, including 2,925 MW of operating projects and 11,771 MW of contracted and awarded projects.
As of June 30, 2024, the company had 15 off-takers across 37 solar projects and 9 wind projects.
As of June 30, 2024, the company is constructing 31 renewable energy projects in 7 states, totaling 11,771 MW.
Competitive Strength
As of June 30, 2024, the workforce comprised 234 employees, and the company utilised the services of 45 contract labourers.
NTPC Green Energy Limited's revenue increased by 1094.19% and profit after tax (PAT) rose by 101.32% between the financial year ending with March 31, 2024 and March 31, 2023.
| Period Ended | 30 Sep 2024 | 31 Mar 2024 | 31 Mar 2023 |
| Assets | 32,408.30 | 27,206.42 | 18,431.40 |
| Total Income | 1,132.74 | 2,037.66 | 170.63 |
| Profit After Tax | 175.30 | 344.72 | 171.23 |
| Net Worth | 8,189.18 | 6,232.14 | |
| Reserves and Surplus | 596.08 | 512.60 | 167.88 |
| Total Borrowing | 17,057.50 | 12,796.74 | |
| Amount in ₹ Crore | |||
The market capitalization of NTPC Green Energy IPO is ₹91000.00 Cr.
KPI as of Mon, Sep 30, 2024.
| KPI | Values |
|---|---|
| ROE | 7.39% |
| Debt/Equity | 1.91 |
| RoNW | 2.14% |
| PAT Margin | 16.20% |
| Price to Book Value | 9.89 |
| Pre IPO | Post IPO | |
|---|---|---|
| EPS Rs | 0.46 | 0.42 |
| P/E (x) | 234.97 | 259.56 |
The company proposes to utilise the Net Proceeds towards funding the following objects
[Dilip Davda] The company is one of the leading renewable power generating PSU having solar and wind power generation assets. It is also adding hydroelectric assets and giving thrust of power storage plans. Though the company posted net profits for the reported financial periods, based on FY25 annualized earnings, the IPO is aggressively priced. Well-informed/cash surplus investors may park moderate funds for long term, as this is a pure long term bet. Read detail review...
| Listing Date | November 27, 2024 |
| BSE Script Code | 544289 |
| NSE Symbol | NTPCGREEN |
| ISIN | INE0ONG01011 |
| Final Issue Price | ₹108 per share |
| NSE Listing Group | EQ (Rolling) |
| BSE Listing Group | B |
NTPC Green Energy Ltd.
NTPC Bhawan, Core -7,
SCOPEComplex 7 Institutional Area
Lodi Road, New Delhi,-110003
Delhi, New Delhi
Phone: +91 11 24362577
Email: ngel@ntpc.co.in
Website: https://www.ngel.in/
Kfin Technologies Ltd.
Phone: 04067162222, 04079611000
Email: ntpcgreen.ipo@kfintech.com
Website: https://ipostatus.kfintech.com/
NTPC Green Energy IPO is a main-board IPO of 92,63,29,669 equity shares of the face value of ₹10 aggregating up to ₹10,000.00 Crores. The issue is priced at ₹108 per share. The minimum order quantity is 138.
The IPO opens on November 19, 2024, and closes on November 22, 2024.
Kfin Technologies Ltd. is the registrar for the IPO. The shares are proposed to be listed on BSE, NSE.
Zerodha customers can apply online in NTPC Green Energy IPO using UPI as a payment gateway. Zerodha customers can apply in NTPC Green Energy IPO by login into Zerodha Console (back office) and submitting an IPO application form.
Steps to apply in NTPC Green Energy IPO through Zerodha
Visit Zerodha IPO Application Process Review for more detail.
The NTPC Green Energy IPO opens on November 19, 2024 and closes on November 22, 2024.
NTPC Green Energy IPO lot size is 138, and the minimum amount required for application is ₹14,904.
You can apply in NTPC Green Energy IPO online using either UPI or ASBA as a payment method. ASBA IPO application is available in the net banking of your bank account. UPI IPO Application is offered by brokers who don't offer banking services. Read more detail about applying IPO online through Zerodha, Upstox, 5Paisa, Nuvama, HDFC Bank, and SBI Bank.
The finalization of Basis of Allotment for NTPC Green Energy IPO will be done on Monday, November 25, 2024, and the allotted shares will be credited to your demat account by Tuesday, November 26, 2024. Check the NTPC Green Energy IPO allotment status.
The NTPC Green Energy IPO listing date is on Wednesday, November 27, 2024.
Useful Articles
RHP