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NTPC Green Energy IPO GMP Today: NTPC Green Energy's IPO has opened for subscription from today (Tuesday, November 19). Investors can bid for shares till Friday, November 22. This IPO is the third largest IPO of the year after Hyundai Motor India's Rs 27,870 crore issue and Swiggy's Rs 11,300 crore issue. You should know these 10 things before subscribing to the IPO.
1.) NTPC Green Energy IPO Price Band: The price band in NTPC Green Energy IPO is Rs.102 to Rs.108.
2.) NTPC Green Energy IPO Lot Size: Retail investors can apply for a minimum lot size of 138 shares, which requires an investment of Rs 14,904.
3.) NTPC Green Energy IPO Allotment Date: The allotment date for NTPC Green Energy IPO is Monday, November 25, 2024.
4.) NTPC Green Energy IPO Listing Date: The IPO may get listed on BSE and NSE on Wednesday, November 27, 2024.
5.) NTPC Green Energy IPO Book Runners, Registrar: IDBI Capital Market Services, HDFC Bank, IIFL Securities, and Nuvama Wealth Management are the book-running lead managers for NTPC Green Energy IPO, while KFin Technologies is the registrar to the issue.
6.) NTPC Green Energy IPO Market Cap: At the upper end of the price band, the market cap of NTPC Green Energy is estimated at Rs 91,000 crore.
7.) Purpose of NTPC Green Energy IPO: The funds raised from the new issue will be used by subsidiary company NTPC Renewable Energy for investment, repayment of debt, and other general corporate purposes.
8.) NTPC Green Energy Financial Condition: NTPC Green Energy's revenue has grown at a CAGR of 46.82% from Rs 910.42 crore in FY 2022 to Rs 1,962.6 crore in FY 2024. Whereas the profit has grown at a CAGR of 90.75% from Rs 94.74 crore in FY 22 to Rs 344.72 crore in FY 24.
9.) NTPC Green Energy IPO GMP: According to several websites tracking grey market activities, NTPC Green Energy IPO shares are trading at a grey market premium (GMP) of Rs 0.7 over the upper band of the issue price. This indicates an almost flat listing with a marginal premium of Rs 0.65%.
10.) NTPC Green Energy Business: NTPC Green Energy is the largest renewable energy company (excluding hydro) in terms of operating capacity as of June 2024 and electricity generation in FY 2024. NTPC Green's portfolio consists of 14,696 MW.
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