NTPC Green Energy Limited (MAINBOARD)

Nov 19, 2024 - Nov 22, 2024

Price ₹102 - ₹108
Premium ₹0.4
Lot size 138
Allotment Nov 25, 2024
Listing Nov 27, 2024

Category Lot(s) Qty Amount Reserved
Retail 1 138 14904 590446
sHNI 14 1932 208656 21087
bHNI 68 9384 1013472 42175

Last updated on 21-Nov-2024 11:56:03

CategoryOfferedAppliedTimes
QIBs24444444529373300.01
HNIs122222222324127500.27
 HNIs 10+81481481116532720.14
 HNIs 2+40740741207594780.51
Retail814814811719791882.11
Employees1941747663627660.33
Shareholders92592593816207900.88
Total5601582172953128240.53
Application-Wise Breakup (Approx. no. of Apps)
CategoryReservedAppliedTimes
HNIs (10L+)4217510400.02
HNIs (2-10L)2108786020.41
Retail5904468172841.38
Shareholder-338199-
Employee-27493-
Total Applications: 1192618
© IPO Premium
Subscription Demand (in ₹ crore)
CategoryOfferedDemandTimes
QIBs264031.720.01
FIIs-28.2-
DIIs-0.02-
Mutual funds-0-
Others-3.5-
HNIs1320350.060.27
HNIs 10+880125.860.14
HNIs 2+440224.20.51
Retail8801857.382.11
Employees209.7168.720.33
Shareholders1000881.50.88
Total6049.713189.380.53
QIB Interest Cost per share (7 Days)
@7%
₹0
@8%
₹0
@9%
₹0
@10%
₹0
@11%
₹0
@12%
₹0
About

NTPC Green Energy IPO Details

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)
Issue TypeBook Built Issue IPO
Listing AtBSE, NSE
Share holding pre issue7,500,000,000
Share holding post issue 8,425,925,926

NTPC Green Energy IPO Reservation

Investor CategoryShares Offered
QIB Shares OfferedNot less than 75% of the Net Issue
Retail Shares OfferedNot more than 10.00% of Net Issue
NII (HNI) Shares OfferedNot more than 15.00% of the Net Issue

Key Performance Indicators

KPISep-24Mar-24Mar-23
ROE7.39%17.76%-
RONW2.14%5.53%3.50%
D/E1.911.981.09
EPS 
(basic)
0.300.734.66
P/E 
Pre IPO
234.7
P/E Post IPO259.57

Financial Statement (Restated) In Crores.

Period EndedSep-24Mar-24Mar-23
Assets32,40827,20618,431
Revenue1,1332,038171
Profit After Tax175345171
Net Worth8,1896,232
Reserves and Surplus596513168
Total Borrowing17,05812,797

About Company

Incorporated in April 2022, NTPC Green Energy Limited, a wholly-owned subsidiary of NTPC Limited, is dedicated to advancing renewable energy projects across India through both organic and inorganic growth strategies. As of August 31, 2024, the company achieved an operational capacity of 3,071 MW in solar energy and 100 MW in wind energy across six states. By June 30, 2024, its renewable portfolio totaled 14,696 MW, comprising 2,925 MW in operation and 11,771 MW in contracted and awarded projects under construction across seven states. NTPC Green Energy serves 15 off-takers through 37 solar and 9 wind projects, and its workforce includes 234 employees and 45 contract laborers as of June 30, 2024, supporting its commitment to sustainable energy expansion.As of June 30, 2024, the workforce comprised 234 employees, and the company utilised the services of 45 contract labourers.

Lead Manager(s)

IDBI Capital Market Services Limited

Hdfc Bank Limited

Iifl Securities Ltd

Nuvama Wealth Management Limited 

Strength

NTPC Limited Promotion: Backed by NTPC Limited, offering robust project execution experience and financial support.

Diversified Portfolio: Holds a diversified portfolio of 14,696 MW in solar and wind projects, mitigating geographic and offtaker risks.

Skilled Team: Features a highly experienced team specializing in renewable energy project development and management.

Weakness

Concentration Risk: Relies heavily on top five offtakers, which contribute 87% of revenue.

Supply Dependence: Dependent on critical components like solar modules and wind turbines, affecting project timelines and costs.

Project Delays: Vulnerable to project delays and cost overruns, impacting cash flows and profitability.

Registrar
Kfin Technologies Limited
Phone: 04067162222, 04079611000
Email: ntpcgreen.ipo@kfintech.com
Websitehttps://kosmic.kfintech.com/ipostatus/