Skip to main content
MainBoardListed
NTPC Green Energy Limited Logo

NTPC Green Energy Limited IPO

NTPC Green Energy Limited IPO

IPO Date :
Issue Price :
Allotment Date :
Listing Date :
List Price :
Lot Size:
Subscription:
Listed Price: ₹ 111.50 (+3.24%)

NTPC Green Energy Limited's successfully completed its Initial Public Offering and commenced trading on 27-11-2024 at the NSE, BSE exchange. The company raised 92,63,29,669 Shares through this public offering, comprising TBD in fresh capital.

The IPO was priced within the band of ₹102 to ₹108, with minimum application lots of 138 shares. The offering attracted significant investor interest during its subscription period from 19-11-2024 to 22-11-2024.

Share allotment was finalized on 25-11-2024, distributing equity to successful applicants. The stock's subsequent listing marked a significant milestone in the company's corporate history, providing public market liquidity to shareholders.

NTPC Green IPO Details
Lot(s) Distribution

Investors can bid starting from the minimum lot size specified for this IPO, and only in multiples of that lot size. The table below shows the minimum and maximum investment for retail investors and HNIs in terms of lots, quantity, and amount.

IPO Reservation
NTPC Green IPO Key Performance Indicator
Company Financials ( In Crores )

NTPC Green IPO About Company

Incorporated in April 2022, NTPC Green Energy Limited is a wholly-owned subsidiary of NTPC Limited focused on expanding India’s renewable energy footprint. As of August 31, 2024, it has 3,071 MW of operational solar capacity and 100 MW of wind capacity across six states, and by June 30, 2024, its total renewable portfolio reached 14,696 MW, including 2,925 MW in operation and 11,771 MW under construction through contracted and awarded projects across seven states. The company presently serves 15 off-takers through 37 solar and 9 wind projects, and as of June 30, 2024, it employed 234 people along with 45 contract labourers to support its expansion in clean energy.


Note : "Calculations for ‘Shares Offered’ and ‘Total Amount’ are based on the highest price in the issue price band."


NTPC Green IPO Strength Factors

  1. Strong Parentage (NTPC Limited): Being promoted by NTPC Limited provides credibility, strong execution backing, and enhanced financial strength to scale renewable projects.
  2. Diversified Renewable Portfolio: With a total renewable capacity of 14,696 MW across solar and wind assets, the company benefits from geographic diversification and reduced dependence on any single project/offtaker.
  3. Experienced Renewable Energy Team: A skilled and domain-focused team drives efficient project development, timely execution, and effective asset management across the renewable energy value chain.

NTPC Green IPO Risk Factors

  1. High Offtaker Concentration: Revenue dependence on top five offtakers (87% contribution) poses a concentration risk—non-performance or delays in payments from key customers can materially impact cash flows.
  2. Component Supply Dependency: The business relies on timely supply of critical components such as solar modules and wind turbines. Any supply chain disruption or price volatility can delay project execution and increase costs.
  3. Execution Delays & Cost Overruns: Renewable energy projects are susceptible to land, permit, and infrastructure delays. Any project delay or cost escalation can adversely affect cash flow, profitability, and timelines.

NTPC Green IPO Lead Manager(s)

  • Hdfc Bank Limited
  • IDBI Capital Market Services Limited
  • IIFL Securities Limited
  • Nuvama Wealth Management Limited

NTPC Green IPO Promoter(s)

  1. President of India
  2. Ministry of Power, Government of India
  3. NTPC Limited

NTPC Green IPO Company Details

NTPC Green Energy Limited
Phone:
address:

NTPC Green IPO Registrar

Kfin Technologies Limited
Name:
Phone:

NTPC Green IPO FAQs