NTPC Green Energy IPO Details: Everything You Need to Know

The NTPC Green Energy IPO is an exciting investment opportunity in the renewable energy sector. As a wholly-owned subsidiary of NTPC Limited, one of India’s largest energy producers, NTPC Green Energy focuses on renewable energy projects, including solar and wind power, to contribute to India’s growing clean energy market. This IPO is an excellent opportunity for investors to participate in the green energy revolution. Here’s everything you need to know about the NTPC Green Energy IPO.

NTPC Green Energy IPO Key Details

IPO Open Date: November 19, 2024
IPO Close Date: November 22, 2024
Listing Date: November 27, 2024
Face Value: ₹10 per share
Price Range: ₹102 to ₹108 per share
Lot Size: 138 shares
Total Issue Size: ₹10,000 crore
Issue Type: Book Built Issue IPO
Listing At: BSE, NSE
Employee Discount: ₹5 per share

NTPC Green Energy IPO Timeline

IPO Open Date: November 19, 2024
IPO Close Date: November 22, 2024
Basis of Allotment: November 26, 2024
Initiation of Refunds: November 26, 2024
Credit of Shares to Demat Account: November 27, 2024
Listing Date: November 27, 2024

Also Read: NTPC Green Energy IPO Review: Should You Apply?

About NTPC Green Energy

Company Overview

NTPC Green Energy operates in the renewable energy domain and is a wholly-owned subsidiary of NTPC Limited. NTPC is India’s largest power producer, and its green energy division focuses on the development of solar and wind power projects to help India transition towards sustainable energy.

The company is involved in utility-scale renewable energy projects, catering to public sector undertakings (PSUs), Indian corporate entities, and government agencies. NTPC Green Energy secures long-term power purchase agreements (PPAs) and letters of award (LoAs), primarily from central and state government bodies such as Solar Energy Corporation of India (SECI).

Key Features of NTPC Green Energy:

Founded: 2022
Managing Director: Mr. Gurdeep Singh
Parent Company: NTPC Limited
Industry: Renewable Energy (Solar & Wind Power)
Business Model: Development and operation of renewable energy projects, including long-term power purchase agreements.

NTPC Green Energy’s Market Presence

NTPC Green Energy plays a vital role in India’s renewable energy sector by contributing to the grid with green power. The company focuses on both solar and wind energy projects. NTPC Green Energy operates across India, ensuring energy security through sustainable power sources.

Also Read: C2C Advanced Systems IPO Review: Should You Invest?

Financials of NTPC Green Energy

NTPC Green Energy has shown impressive financial growth since its inception, reflecting its potential for long-term success. Here’s a snapshot of the company’s financial performance:

Financial Performance:

Revenue:
FY 2023: ₹170 crore
FY 2024: ₹1,963 crore
Profit:
FY 2023: ₹171 crore
FY 2024: ₹345 crore
Total Assets:
FY 2023: ₹18,431 crore
FY 2024: ₹27,206 crore

These figures indicate significant revenue growth and profitability, highlighting NTPC Green Energy’s robust financial standing in the industry.

NTPC Green Energy IPO Structure

Issue Size and Type

The NTPC Green Energy IPO offers 925,925,926 shares, aggregating to approximately ₹10,000 crore. The IPO is a book-built issue, and the price band is set between ₹102 to ₹108 per share.

Lot Size

Investors can bid for a minimum of 138 shares in a single lot. Here’s a breakdown of the investment amounts for retail investors and HNIs:

Retail Investors (Min): 1 lot (138 shares) for ₹14,904
Retail Investors (Max): 13 lots (1,794 shares) for ₹193,752
S-HNI (Min): 14 lots (1,932 shares) for ₹208,656
B-HNI (Min): 68 lots (9,384 shares) for ₹1,013,472

Reservation Details:

Retail Investors: 50% of the total shares offered
Qualified Institutional Buyers (QIBs): 50% of the total shares offered

Employee Discount:

NTPC Green Energy is offering a ₹5 per share discount to its employees.

Also Read: IPO GMP

Key Performance Indicators (KPI)

The company’s market capitalization as of September 30, 2024, stands at ₹91,000 crore, which is an impressive valuation for a company focused on renewable energy. Below are some key financial metrics that reflect the company’s performance:

KPI	Value
ROE (Return on Equity)	7.39%
Debt/Equity Ratio	1.91
RoNW (Return on Net Worth)	2.14%
P/BV (Price to Book Value)	9.89
PAT Margin	16.2%

These metrics indicate NTPC Green Energy’s solid profitability and growth potential, making the IPO an attractive investment option.

NTPC Green Energy IPO Registrar

The official registrar for the NTPC Green Energy IPO is Kfin Technologies Limited. They are responsible for the allotment process, refunds, and credit of shares to your Demat account.

Phone: 04067162222, 04079611000
Email: ntpcgreen.ipo@kfintech.com
Website: Kfintech

How to Apply for NTPC Green Energy IPO

Investors can apply for the NTPC Green Energy IPO through ASBA (Application Supported by Blocked Amount) via their bank or through any stockbroker offering IPO services. Alternatively, you can apply via online platforms like Zerodha or Upstox.

Steps to Apply:

Log in to your trading account or use your bank’s ASBA service.
Select NTPC Green Energy IPO from the IPO menu.
Enter the bid amount and lot size (138 shares for minimum investment).
Confirm the payment using UPI or ASBA facility.
Wait for the allotment and listing updates.

How to Check Allotment Status for NTPC Green Energy IPO

Once the IPO subscription period is over, investors eagerly await the allotment status to know whether they have been allotted shares. Checking the allotment status for the NTPC Green Energy IPO is a straightforward process. Here’s how you can do it:

Steps to Check Allotment Status:

Visit the Registrar’s Website:
The official registrar for the NTPC Green Energy IPO is Kfin Technologies. To check the allotment status, you need to visit their IPO status page:
Kfintech IPO Status
Select the IPO:
On the website, select NTPC Green Energy IPO from the list of active IPOs.
Enter Your Details:
You will be asked to enter specific details such as:

Application Number: This is the unique number you received when you applied for the IPO.
PAN Number: Enter your Permanent Account Number (PAN) associated with the application.

Submit the Information:
After entering the required details, click on the Submit button to view the allotment status.
Check Your Allotment:
If you have been allotted shares, the details will appear on the screen, including the number of shares you have received. If no shares have been allotted, it will display “No Shares Allotted.”

Alternative Methods:

Bank/Stockbroker Platform: You can also check your allotment status through the same platform you used to apply for the IPO, such as your banking portal or trading platform like Zerodha, Upstox, or Groww.
SMS/Email Notification: Some brokers and the registrar might send an SMS or email notification regarding the allotment status once the process is complete.

By following these simple steps, you can easily track whether you’ve received an allotment of shares in the NTPC Green Energy IPO and proceed accordingly.

Conclusion

The NTPC Green Energy IPO presents a great opportunity to invest in India’s clean energy sector, which is poised for significant growth in the coming years. With its strong backing by NTPC Limited and impressive financials, NTPC Green Energy is well-positioned to capitalize on the growing demand for renewable energy in India. Investors looking for long-term gains in a sustainable industry may find this IPO a compelling option.

Be sure to apply within the IPO window from November 19 to November 22, 2024, and stay updated on the allotment and listing process to make the most of this investment opportunity.