NTPC GREEN ENERGY LIMITED

19 Nov 2024 - 22 Nov 2024 Individual Category IPO BSE NSE

Min Investment

₹14904

Price Band

₹102-₹108

Issue Size

5931.68 lakhs
Equity Shares

Lot Size

138

IPO Dates
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19 Nov 2024

Open Date

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22 Nov 2024

Close Date

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25 Nov 2024

Allotment Date

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27 Nov 2024

Listing Date

NTPC Green Energy IPO issue size is of 98.14 crore equity shares. This IPO is entirely a fresh issue. The price band is decided at Rs 102 to Rs 108 per share. NTPC Green Energy IPO 1 lot consists of 138 shares. The minimum investment for the retail category is to be around Rs 14,904. The allotment status will be released on Monday, November 25, 2024. The listing will be on the BSE, NSE platform on Wednesday, November 27, 2024. NTPC Green Energy IPO registrar is Kfin Technologies Limited. On the date of allotment, Investors can visit on Kfin Technologies Limited website and, select the name of the company and enter PAN number or application ID to know their allotment status.

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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.

Founded

2022

Managing Director

Gurdeep Singh

Parent Organization

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.

Company Promoters

Subscription Details

Investor Category Subscription (times)
Qualified Institutions 0
Non-Institutional Buyers 0
bNII (bids above ₹10L) 0
sNII (bids below ₹10L) 0
Retail Investors 0
Employees 0
Others 0
Total 0

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