🗓️ Dates: 19 Nov 2024 – 22 Nov 2024
💰 Price Band: ₹102 – ₹108
📦 Lot Size: 138 shares
🔍 Issue Size: ₹10,000 Cr.
📈 GMP (Grey Market Premium): ₹0

🎯 Objective:

• The IPO proceeds will primarily be used for business expansion, including renewable energy projects and sustainable growth strategies.

📊 Key Highlights:

• Business: NTPC Green Energy is a subsidiary of NTPC Limited, focusing on the development and generation of renewable energy, including solar and wind power projects across India.

• Strengths: Strong parent company (NTPC), large-scale renewable energy portfolio, and the government’s push for clean energy provide a solid growth opportunity.

• Risks: The renewable energy sector is capital intensive, and NTPC Green Energy’s profitability is reliant on large projects that may face execution risks or regulatory challenges.

⚡ Quick Review:

• Subscription Details: As of now, the IPO is receiving positive attention, with expectations for strong retail participation.

• Revenue: NTPC Green Energy reported strong growth in the renewable sector, with a commitment to increase its share of the clean energy market.

• Profit/Loss: NTPC Green Energy has shown profitability, with potential for significant growth due to government support for green energy initiatives.

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