NTPC Green Energy IPO Details
The details about the NTPC Green Energy IPO are as follows:
- The issue size of the IPO is 10000 Cr.
- The price band for NTPC Green Energy IPO is Rs 102 to Rs 108.
- The shares of NTPC Green Energy IPO will list on 27th November 2024.
- The latest tentative GMP of NTPC Green Energy IPO is Rs 1.
- The shares of NTPC Green Energy IPO are subscribed 2.55 Times.
NTPC Green Energy IPO Valuation
The approx valuation of NTPC Green Energy IPO based on its price band and RHP is:
| Particulars |
Value |
| Upper Price Band |
Rs 108 |
| Existing Shares (Qty) |
750 Cr |
| Fresh Issue |
10000 Cr |
| Market Cap |
91000 Cr |
| EPS (FY24) |
Rs 0.73 |
| PE Ratio |
147.94x |
| Industry PE |
153.44x |
NTPC Green Energy IPO Issue Size
NTPC Green Energy IPO issue size is 10000 Cr.
| Issue |
Amount |
| Fresh Issue |
10000 Cr |
| Offer For Sale |
0 Cr |
NTPC Green Energy IPO Market Lot
An individual can apply for a minimum of 1 lot of 138 shares and a maximum of 13 lots of 1794 shares. Find the details below:
| Application |
Lot |
Shares |
Amount |
| Minimum |
1 |
138 |
Rs 14,904 |
| Maximum |
13 |
1794 |
Rs 1,93,752 |
NTPC Green Energy IPO Share Offer
The shares of NTPC Green Energy IPO are subscribed 2.55 Times. The category-wise shares offered are as follows:
| Category |
% Offered |
| Qualified Institutional |
Minimum 75% |
| Non-Institutional |
Maximum 15% |
| Retail Individual |
Maximum 10% |
NTPC Green Energy IPO GMP (Grey Market Premium)
| As on |
GMP (Tentative) |
| 20 November 2024 |
Rs 1 |
NTPC Green Energy IPO GMP is purely for informational purposes and invest in an IPO after thoroughly researching on your own.
NTPC Green IPO: India's Largest in 2024?
NTPC Green Energy Limited, a subsidiary of India's largest power generator NTPC, is set to launch one of the largest IPOs in India in 2024. The company aims to raise a whopping Rs. 10,000 crore through a fresh issue of equity shares.
Key Highlights of NTPC Green IPO:
- All-Fresh Issue: The entire IPO will be a fresh issue, without any offer for sale from existing shareholders.
- Quota for NTPC Shareholders: A special quota of 10% of the issue will be reserved for existing shareholders of NTPC, providing them with an opportunity to participate in the IPO.
- Renewable Energy Focus: The proceeds from the IPO will be utilized primarily to reduce debt of NTPC Renewable Energy, a wholly-owned subsidiary focused on renewable energy projects. This aligns with India's ambitious renewable energy goals.
NTPC Green Energy's IPO is a significant step towards India's renewable energy transition. The company's focus on renewable energy projects is in line with the government's target of achieving 500 GW of renewable capacity by 2030.
NTPC Green Energy IPO Dates
Find below the dates for NTPC Green Energy IPO
| Schedule |
Date |
| Basis of Allotment |
25 November 2024 |
| Refunds |
26 November 2024 |
| Credit to Demat Account |
26 November 2024 |
| IPO Listing Date |
27 November 2024 |