NTPC Green’s Rs. 10,000 crore IPO will open next week. GMP, price bands, key dates in 10 things to know

NTPC Green’s Initial Public Offer (IPO) will open for subscription on November 19. The issue will close on November 22. Through the public offer, the company raised about Rs. 10,000 crore plans to raise. Here are 10 things to know about NTPC Green IPO before subscribing to the issue.

1) What is the business overview of NTPC Green?

Promoted by NTPC, NTPC Green Energy is the largest renewable energy public sector enterprise (excluding hydro) in terms of operating capacity till June 2024 and power generation in FY 2024.

NTPC Green’s portfolio comprises 14,696 MW, including 2,925 MW of operating projects and 11,771 MW of contracted and awarded projects.

2) What is the industry overview of NTPC Green?

Renewable energy represents a significant and growing industry in India. Globally, India ranks fourth in total renewable energy, wind and solar installations. (Source: CRISIL Report, November 2024). The installed capacity of renewable energy sources (including large hydro) in India has increased from about 63 GW as of March 2012 to about 201 GW by September 2024.

3) What is the current GMP of NTPC Green?

According to market analysts, NTPC Green’s current GMP is Rs. is 1.5, implying a premium of 1.39% for the issue.

4) What is the size of NTPC Green IPO?

The IPO is entirely a fresh equity sale of 92.5 crore shares and the issue raised the company to Rs. 10,000 crore plans to raise.

5) What is the price band for NTPC Green IPO?

The company paid Rs. A price band of 102-108 has been set, where investors can bid for 138 shares in one lot.

6) What is the structure of NTPC Green IPO?

About 75% of the public offering is reserved for qualified institutional buyers, 10% for retail investors and the remaining 15% for non-institutional investors.

7) How is the financial performance of NTPC Green?

Revenue from operations of NTPC Green Energy in FY 2022 to Rs. 910.42 crore in 2024 to Rs. 1,962.6 crores. Profit after tax Rs. 94.42.4274. in Rs. 94.24.74 crores to Rs. has grown at a CAGR of 90.75 percent. FY24.

8) What are the objects of NTPC Green IPO?

The proceeds from the fresh issue will be used for investment in its wholly owned subsidiary, NTPC Renewable Energy, repayment of debt and other general corporate purposes.

9) Who is the Book Running Lead Manager for NTPC Green IPO?

IDBI Capital Markets & Securities, HDFC Bank, IFL Capital Services (formerly known as IIFL Securities) and Nuwama Wealth Management are the lead managers of the issue.

10) When is the share allotment and listing date of NTPC Green IPO?

The allotment of shares for the IPO will be finalized on November 25 and the company is expected to be listed on the stock exchange on November 27.