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NTPC Green Energy Ltd.

Power Generation/Distribution

IPO Details
  • Issue Type Book building
  • Price range Rs.102-108
  • Market Lot 138
  • Total Equity Shares 593167575
  • Face Value Rs. 10
  • Listing Date Nov 27, 2024
IPO Timeline
Opening date Nov 19, 2024
Closing date Nov 22, 2024
Listing Date Nov 27, 2024

IPO Details

We are a wholly owned subsidiary of NTPC Limited, a ‘Maharatna’ central public sector enterprise. We are the largest renewable energy public sector enterprise (excluding hydro) in terms of operating capacity as of June 30, 2024 and power generation in Fiscal 2024. (Source: CRISIL Report, September 2024). Our renewable energyportfolio encompasses both solar and wind power assets with presence across multiple locations in more than six states which helps mitigate the risk of location-specific generation variability. (Source: CRISIL Report, September 2024). Our operational capacity was 3,071 MW of solar projects and 100 MW of wind projects across six (6) states as of August 31, 2024. We are strategically focused on developing a portfolio of utility-scale renewable energy projects, as well as projects for public sector undertakings (“PSUs”) and Indian corporates. Our projects generate renewable power and feed that power into the grid, supplying a utility or offtaker with energy. For our operational projects, we have entered into long-term Power Purchase Agreements (“PPAs”) or Letters of Award (“LoAs”) with an offtaker that is either a Central government agency like the Solar Energy Corporation of India (“SECI”) or a State government agency or public utility.

Projects

1. Project Name: Investment in our wholly owned Subsidiary, NTPC Renewable Energy Limited (NREL) for repayment/ prepa

Project Cost: 75000

Promoters

Prmoters Name

1. President Of India

2. Government Of India

3. NTPC Ltd.

4. Acting Through The Ministry Of Power

Prmoters Holdings
  • Pre Share Capital: 7500000000
  • Pre Promoter Holding: 100
  • Offer to Public: 593167575
  • Post Share Capital: 7500000000
  • Post Promoter Holding: 89.01

Registrar

Registrar Name:Karvy Computershare Pvt Ltd
Phone: 91-040-67161500
Email: einward.ris@karvy.com
Website: www.karvy.com

Lead Managers

  • IDBI Capital Markets & Securities Ltd. (Formerly known as IDBI Capital Market Services Ltd.)
  • HDFC Bank Ltd.
  • IIFL Securities Ltd.
  • Nuvama Wealth Management Ltd.

Subscription Details

Field Description Field Value
Ipo Code 3138
Total Equity 593167575

Field Description Field Value
No of Shares Offered/Reserved For Qualified Institutional Buyers 258823531
No of Shares Bid For Qualified Institutional Buyers 858449286
Total No of Shares Bid For Qualified Institutional Buyers 3.32
No of Shares Offered/Reserved For Foreign Institutional Buyers 0
No of Shares Bid For Foreign Institutional Buyers 169741794
Total No of Shares Bid For Foreign Institutional Buyers 0.00
No of Shares Offered/Reserved For Mutual Fund 0
No of Shares Bid For Mutual Fund 479835384
Total No of Shares Bid For Mutual Fund 0.00
No of Shares Offered/Reserved For Qualified Institutional Buyers - Others 0
No of Shares Bid For Qualified Institutional Buyers - Others 208872108
Total No of Shares Bid For Qualified Institutional Buyers - Others 0.00

Field Description Field Value
No of Shares Offered/Reserved For Non-Institutional Buyers 129411764
No of Shares Bid For Non-Institutional Buyers 104842740
Total No of Shares Bid For Non-Institutional Buyers 0.81
No of Shares Offered/Reserved For Corporate 0
No of Shares Bid For Corporate 4807920
Total No of Shares Bid For Corporate 0.00
No of Shares Offered/Reserved For Individuals 0
No of Shares Bid For Individuals 96307026
Total No of Shares Bid For Individuals 0.00
No of Shares Offered/Reserved For Individuals - Others 0
No of Shares Bid For Individual Others 3727794
Total No of Shares Bid For Individual Others 0.00

Field Description Field Value
No of Shares Offered/Reserved For Retail Individual Investor 86274509
No of Shares Bid For Retail Individual Investor 297136908
Total No of Shares Bid For Retail Individual Investor 3.44
No of Shares Offered/Reserved For Retail Individual Investor - Cutoff 0
No of Shares Bid For Retail Individual Investor - Cutoff 261012510
Total No of Shares Bid For Retail Individual Investor - Cutoff 0.00
No of Shares Offered/Reserved For Retail Individual Investor 0
No of Shares Bid For Retail Individual Investor 36124398
Total No of Shares Bid For Retail Individual Investor 0.00

Field Description Field Value
No of Shares Offered/Reserved For Employee 20618556
No of Shares Bid For Employee 16426278
Total No of Shares Bid For Employee 0.80
No of Shares Offered/Reserved Employee - Cutoff 0
No of Shares Bid For Employee - Cutoff 12861186
Total No of Shares Bid For Employee - Cutoff 0.00
Total No of Shares Bid Offered/Reserved For Employee 0
No of Shares Bid Offered/Reserved For Employee 3565092
Total No of Shares Bid For Employee 0.00

Field Description Field Value
No of Shares Offered/Reserved For All 593167575
No of Shares Bid For All 1433768664
Total 2.42