NTPC Green Energy IPO GMP, Open Date, Price Band, Allotment Status

NTPC Green Energy IPO open date is 19 November to 22 November 2024. This Upcoming IPO is 100% book-built issue of Rs 10,000 crore and entirely a fresh issue. The offer-for-sale component is not available in NTPC Green Energy IPO.

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NTPC Green Energy IPO GMP

Latest, NTPC Green Energy IPO GMP price is Rs 15 per share. It is expected that its GMP will trade at a 20% premium from its issue price. NTPC Green Energy quotation is live and changing every hour. Green Energy stocks and IPOs are performing well so, high grey market premium is expected.

Checkout the Video to Know the Interesting Facts of NTPC Green Energy IPO

NTPC Green Energy IPO Price Band

NTPC Green Energy IPO price band is Rs 102 to Rs 108 per share. The peers companies like Waaree Energies IPO and Premier Energies IPO price band were above Rs 1000. The renewable energy companies demand high premiums. However, NTPC Green Energy IPO price band is much lower and very affordable.

NTPC Green Energy IPO Allotment Status

NTPC Green Energy IPO Allotment status will be out on 25 November 2024. The allotment details will be available after the IPO ends. The registrar for this new IPO is Kfin Technologies Limited. After the subscription ends investors can visit the Kfin Technologies website and check the allotment status by selecting the IPO and writing the application number.

NTPC Green Energy IPO Listing Date

NTPC GreenEnergy Listing date is Wednesday, 27 November 2024. The NTPC Green Energy IPO listing will be on both the NSE and BSE exchanges. Retail investors can sell the shares after 10 AM on the listing day.

NTPC Green Energy IPO: Listing Date , Lot Size, Price Band

About NTPC Green Energy Limited

NTPC Green Energy Limited was incorporated on April 7 2022, when the renewable energy business of NTPC Limited was restructured. In July 2022, NTPC executed a business transfer and share purchase agreement under which it transferred its renewable energy assets and 100% equity of NTPC Renewable Energy Limited to the company. These transfers were completed by February 2023, and NTPC Green Energy Limited started its operations.

The company is a wholly-owned subsidiary of NTPC Limited and has a substantial renewable energy portfolio, including 3,071 MW of solar projects and 100 MW of wind projects. The company's main concentration is on utility scale renewable energy projects, and they have signed long term power purchase agreements with government agencies.

NTPC Green Energy IPO Objectives

NTPC Green Energy IPO objective is to raise funds from the general public. The net funds raised from this IPO will be utilised for investment in the subsidiary, NTPC Renewable Energy Limited. Also funds will be utilised for repayment of past outstanding borrowings and fulfilling the general corporate purposes.

NTPC Green Energy IPO: Key Dates, Allotment, Listing Date

NTPC Green Energy IPO Reservation

NTPC Green Energy IPO Reservation set is less than 75% of the new offer reserved for Qualified Institutional Investors, not more than 15% reserved for NII and not more than 10% reserved for Retail Individuals.

NTPC Green Energy IPO Lot Size Details

NTPC Green Energy, IPO lot size is 138 shares per lot. For retail, the minimum lot size is 1 lot, amounting to Rs 14,904, and the maximum is 13 lots, amounting to Rs 1,93,752. For small HNI, the minimum lot size is 14, amounting to Rs 2,08,656, and the maximum is 67 lots, amounting to Rs 9,98,568. For the big HNI, the minimum is 68 lots. 

NTPC Green Energy IPO Promoter Holdings

NTPC Green Energy IPO promoters are NTPC Limited, President of India, acting through the Ministry of Power, Government of India. The promoters' shareholdings before the IPO were 100%; however, after the IPO, shareholdings will decline. 

NTPC Green Energy Limited Financials

NTPC Green Energy Limited posted revenue of Rs 1,132.74 crore and net profit of Rs 175.30 crore for the period ending on 30 Sep 2024. The company’s revenue increased by 1094.19% and PAT increased by 101.32% between the FY ending on 31 March 2024 and 31 March 2023.

NTPC Green Energy IPO Registrar

NTPC Green Energy IPO registrar is Link Intime India Private Limited. On the date of allotment, Investors can click on Link Intime India and select the name of the company and enter PAN number or application ID to know their allotment status.

NTPC Green Energy IPO Lead Managers

NTPC Green Energy IPO lead managers are IDBI Capital Market Services Limited, HDFC Bank Limited, IIFL Securities Limited and Nuvama Wealth Management Limited.

How to apply to NTPC Green Energy IPO

Interested investors can apply to the NTPC Green Energy IPO directly from the Bigul trading app and you can also apply by clicking here. Investors can also check the details of other upcoming IPO in Bigul. 

NTPC Green Energy IPO Review

NTPC Green Energy IPO is likely to get a positive response from the general public. As the company is involved in the green energy sector. So, the future of the company seems bright. The company is backed by NTPC Limited which is a positive point for investors. 

NTPC Green Energy IPO FAQ

1. What are the details of the NTPC Green Energy IPO?

IPO is 100% book built issue of Rs 10,000 crore and entirely a fresh issue. The offer for sale component is not available in NTPC Green Energy IPO.

2. When will the NTPC Green Energy IPO open and close?

NTPC Green Energy IPO open date is 19 November to 22 November 2024. NTPC Green Energy IPO Allotment status will be out on 25 November 2024. NTPC Green Energy Listing date is Wednesday, 27 November 2024. 

3. What is NTPC Green Energy IPO GMP?

NTPC Green Energy IPO GMP price is Rs 15 per share. It is expected that its GMP will trade at a 20% premium from its issue price. NTPC Green Energy quotation is live and changing every hour. Green Energy stocks and IPOs are performing well so, high grey market premium is expected. 

4. What are the details of NTPC Green Energy IPO reservation?

NTPC Green Energy IPO Reservation set is less than 75% of the new offer reserved for Qualified Institutional Investors, not more than 15% reserved for NII and not more than 10% reserved for Retail Individuals.

5. Write the details of the NTPC Green Energy IPO Allotment?

NTPC Green Energy IPO Allotment status will be out on 25 November 2024. The allotment details will be available after the IPO ends. The registrar for this new IPO is Kfin Technologies Limited. Investors can check their allotment status after the subscription of the IPO ends. 

6. Who is the registrar and lead managers for NTPC Green Energy IPO?

NTPC Green Energy IPO Registrar is Link Intime India Limited. The book-running lead manager for this IPO is IDBI Capital Market Services Limited, HDFC Bank Limited, IIFL Securities Limited and Nuvama Wealth Management Limited. Investors can check the allotment status in the Link Intime India Private Limited official website. 

Also Read:

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• What is IPO GMP?
• Difference between IPO and FPO For Beginners
• Difference between SME IPO and Mainline IPO?