NTPC Green Energy IPO: Key Details and Subscription Information
The NTPC Green Energy IPO is set to raise up to ₹10,000 crores through a book-built issue. This is an entirely fresh issue, with 92.59 crore shares being offered. The IPO will open for subscription on November 19, 2024 and close on November 22, 2024. The allotment of shares for the IPO is expected to be finalized on Monday, November 25, 2024, and the stock is likely to list on the BSE and NSE on Wednesday, November 27, 2024.
Key Details of NTPC Green Energy IPO:
- Price Band: ₹102 to ₹108 per share
- Minimum Lot Size: 138 shares
- Minimum Investment for Retail Investors: ₹14,904
- For sNII (Small & Non-Institutional Investors): Minimum of 14 lots (1,932 shares), amounting to ₹208,656
- For bNII (Big & Non-Institutional Investors): Minimum of 68 lots (9,384 shares), amounting to ₹1,013,472
The book running lead managers for the NTPC Green Energy IPO are IDBI Capital Market Services, HDFC Bank, IIFL Securities, and Nuvama Wealth Management, while Kfin Technologies will be the registrar for the issue.
This IPO marks an important step in the growing green energy sector in India, with NTPC Green Energy seeking to capitalize on the increasing demand for renewable energy solutions.
| IPO Date | November 19, 2024 to November 22, 2024 |
| Listing Date | [.] |
| Face Value | ₹10 per share |
| Price Band | ₹102 to ₹108 per share |
| Lot Size | 138 Shares |
| Total Issue Size | 925,925,926 shares (aggregating up to ₹10,000.00 Cr) |
| Fresh Issue | 925,925,926 shares (aggregating up to ₹10,000.00 Cr) |
| Employee Discount | Rs 5 per share |
| Issue Type | Book Built Issue IPO |
| Listing At | BSE, NSE |
| Share holding pre issue | 7,500,000,000 |
| Share holding post issue | 8,425,925,926 |
| Investor Category | Shares Offered |
|---|---|
| QIB Shares Offered | Not less than 75% of the Net Issue |
| Retail Shares Offered | Not more than 10.00% of Net Issue |
| NII (HNI) Shares Offered | Not more than 15.00% of the Net Issue |
| IPO Open Date | Tuesday, November 19, 2024 |
| IPO Close Date | Friday, November 22, 2024 |
| Basis of Allotment | Monday, November 25, 2024 |
| Initiation of Refunds | Tuesday, November 26, 2024 |
| Credit of Shares to Demat | Tuesday, November 26, 2024 |
| Listing Date | Wednesday, November 27, 2024 |
| Cut-off time for UPI mandate confirmation | 5 PM on November 22, 2024 |
| Application | Lots | Shares | Amount |
|---|---|---|---|
| Retail (Min) | 1 | 138 | ₹14,904 |
| Retail (Max) | 13 | 1794 | ₹193,752 |
| S-HNI (Min) | 14 | 1,932 | ₹208,656 |
| S-HNI (Max) | 67 | 9,246 | ₹998,568 |
| B-HNI (Min) | 68 | 9,384 | ₹1,013,472 |
| Period Ended | 30 Sep 2024 | 31 Mar 2024 | 31 Mar 2023 |
| Assets | 32,408.30 | 27,206.42 | 18,431.40 |
| Revenue | 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 |
| KPI | Values |
|---|---|
| ROE | 7.39% |
| Debt/Equity | 1.91 |
| RoNW | 2.14% |
| P/BV | 9.89 |
| PAT Margin (%) | 16.2 |