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2 min read | Updated on September 19, 2024, 11:01 IST
SUMMARY
NTPC Green Energy IPO is only a fresh issue of equity shares, and there is no offer-for-sale component, meaning that existing investors will not sell any stake.
NTPC Green Energy is a a 'Maharatna' central public sector enterprise.
NTPC Green Energy IPO DRHP: NTPC Green Energy, a renewable energy subsidiary of state-run NTPC, has filed preliminary papers with the markets regulator, the Securities and Exchange Board of India, for its mega ₹10,000 crore initial public offering (IPO).
The fresh issue proceeds, totalling ₹7,500 crore, will be used for debt repayment of its subsidiary NTPC Renewable Energy Ltd and general corporate purposes.
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