NTPC Green Energy Limited (MAINBOARD)
Nov 19, 2024 - Nov 22, 2024
| Price | ₹102 - ₹108 |
| Premium | ₹3.5 |
|---|---|
| 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 22-Nov-2024 19:14:04
| Category | Offered | Applied | Times |
|---|---|---|---|
| QIBs | 244444445 | 858449286 | 3.51 |
| HNIs | 122222222 | 104842740 | 0.86 |
| HNIs 10+ | 81481481 | 49025052 | 0.6 |
| HNIs 2+ | 40740741 | 55817688 | 1.37 |
| Retail | 81481481 | 297136908 | 3.65 |
| Employees | 19417476 | 16426278 | 0.85 |
| Shareholders | 92592593 | 156913452 | 1.69 |
| Total | 560158217 | 1433768664 | 2.56 |
Application-Wise Breakup (Approx. no. of Apps) | |||
|---|---|---|---|
| Category | Reserved | Applied | Times |
| HNIs (10L+) | 42175 | 4020 | 0.1 |
| HNIs (2-10L) | 21087 | 24637 | 1.17 |
| Retail | 590446 | 1540442 | 2.61 |
| Shareholder | - | 640780 | - |
| Employee | - | 45835 | - |
| Total Applications: 2255714 | |||
| © IPO Premium | |||
| Subscription Demand (in ₹ crore) | |||
|---|---|---|---|
| Category | Offered | Demand | Times |
| QIBs | 2640 | 9271.25 | 3.51 |
| FIIs | - | 1833.21 | - |
| DIIs | - | 2207.78 | - |
| Mutual funds | - | 5182.22 | - |
| Others | - | 48.04 | - |
| HNIs | 1320 | 1132.3 | 0.86 |
| HNIs 10+ | 880 | 529.47 | 0.6 |
| HNIs 2+ | 440 | 602.83 | 1.37 |
| Retail | 880 | 3209.08 | 3.65 |
| Employees | 209.71 | 177.4 | 0.85 |
| Shareholders | 1000 | 1694.67 | 1.69 |
| Total | 6049.71 | 15484.7 | 2.56 |
| QIB Interest Cost per share (7 Days) | |||||
|---|---|---|---|---|---|
| @7% ₹0.51 | @8% ₹0.58 | @9% ₹0.65 | @10% ₹0.73 | @11% ₹0.8 | @12% ₹0.87 |
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 Type | Book Built Issue IPO |
| Listing At | BSE, NSE |
| Share holding pre issue | 7,500,000,000 |
| Share holding post issue | 8,425,925,926 |
NTPC Green Energy IPO Reservation
| Investor Category | Shares Offered |
|---|---|
| QIB Shares Offered | Not less than 75% of the Net Issue |
| Retail Shares Offered | Not more than 10.00% of Net Issue |
| NII (HNI) Shares Offered | Not more than 15.00% of the Net Issue |
Key Performance Indicators
| KPI | Sep-24 | Mar-24 | Mar-23 |
|---|---|---|---|
| ROE | 7.39% | 17.76% | - |
| RONW | 2.14% | 5.53% | 3.50% |
| D/E | 1.91 | 1.98 | 1.09 |
| EPS (basic) | 0.30 | 0.73 | 4.66 |
| P/E Pre IPO | 234.7 | ||
| P/E Post IPO | 259.57 |
Financial Statement (Restated) In Crores.
| Period Ended | Sep-24 | Mar-24 | Mar-23 |
|---|---|---|---|
| Assets | 32,408 | 27,206 | 18,431 |
| Revenue | 1,133 | 2,038 | 171 |
| Profit After Tax | 175 | 345 | 171 |
| Net Worth | 8,189 | 6,232 | |
| Reserves and Surplus | 596 | 513 | 168 |
| Total Borrowing | 17,058 | 12,797 |
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.
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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.
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.
Phone: 04067162222, 04079611000
Email: ntpcgreen.ipo@kfintech.com
Website: https://kosmic.kfintech.com/ipostatus/