NTPC Green Energy IPO Listing Date: Key things to know before debut on NSE and BSE

NTPC Green Energy IPO: Subscription

The offer was subscribed to 2.40 times overall, with retail investors subscribing their portion 3.39 times and qualified institutional buyers (QIBs) mopping up 3.32 times the subscription. However, the non-institutional investors (NIIs) quota was only booked 81%.

NTPC Green Energy IPO: Objective

The IPO is a fresh issue of equity shares worth ₹10,000 crore. The money generated will be used to clear borrowings of its wholly-owned subsidiary NTPC Renewable Energy Ltd and serve general corporate purposes.

NTPC Green Energy IPO: Listing date and time

NTPC Green Energy IPO: Financials

NTPC Green Energy IPO: Strengths

• It benefits from the parentage of NTPC, one of the largest power firms with a legacy of around five decades.
• Among India's top 10 renewable energy players in terms of operational capacity as of June 30, 2024.
• Diversification across geographies and offtakers.
• Has long-term power purchase agreements (PPAs) with government agencies and public utilities.

NTPC Green Energy IPO: Risks

• It generated 45% of its revenue from its largest off-taker in Q1 FY25.
• Construction activities for renewable energy projects may be subject to delays or cost overruns, adversely impacting the company's business and finances.
• Operating renewable energy projects are primarily located in Rajasthan and face risks such as social, economic, political, or seasonal disruptions, civil unrest, and natural disasters.
• Faces stiff competition from traditional and renewable energy companies.