If you’re an investor with an eye on sustainable energy, the NTPC Green Energy IPO is worth a closer look. Set to hit the market from November 19 to November 22, 2024, this IPO offers a golden opportunity to ride the wave of India’s renewable energy boom. Let’s dive into what makes this IPO tick and why it could be a smart addition to your portfolio.

What is NTPC Green Energy?

NTPC Green Energy Limited (NGEL) is a subsidiary of NTPC, India’s largest power generation company. NGEL focuses on renewable energy projects, including solar, wind, and green hydrogen. With India’s push toward carbon neutrality by 2070, NGEL is at the forefront of this transition, making it a promising player in the energy sector.

Key IPO Details

Here’s what you need to know:

• IPO Dates: November 19-22, 2024
• Listing Exchanges: NSE and BSE
• Purpose: The funds raised will primarily be used to expand renewable energy capacity and reduce debt, a strategic move to fuel its growth trajectory.

Why Consider This IPO?

1. Growing Demand for Green Energy:
   With global energy needs shifting toward renewables, NGEL is well-positioned to benefit from this trend. India’s aggressive renewable energy targets and government incentives add to its appeal.
2. Strong Parent Company:
   Being backed by NTPC ensures financial stability and operational expertise, reducing risks associated with standalone renewable energy companies.
3. Long-Term Growth Potential:
   As energy transitions take center stage globally, investments in green energy are likely to see sustained interest. NGEL’s focus on solar, wind, and green hydrogen aligns with these trends.

Risks to Consider

While the NTPC Green Energy IPO looks promising, it’s essential to weigh potential risks:

• Sector Challenges: Renewable energy projects are capital-intensive, and returns may take time.
• Policy Dependence: The company’s growth heavily relies on favorable government policies and subsidies.
• Market Volatility: IPO performance can fluctuate based on broader market conditions.
  

  NTPC Green Energy IPO Details

  IPO Open Date:	November 19, 2024
  IPO Close Date:	November 22, 2024
  Face Value:	₹10 Per Equity Share
  IPO Price Band:	₹102 to ₹108 Per Share
  Issue Size:	Approx ₹10,000 Crores
  Fresh Issue:	Approx ₹10,000 Crores
  Issue Type:	Book Built Issue
  IPO Listing:	BSE & NSE
  Retail Quota:	Not more than 10%
  QIB Quota:	Not more than 75%
  NII Quota:	Not more than 15%
  EMP Discount:	₹5 Per Share
  DRHP Draft Prospectus:	Click Here
  RHP Draft Prospectus:	Click Here
  Anchor Investors List:	Click Here

  NTPC Green Energy IPO Market Lot

  The NTPC Green Energy IPO minimum market lot is 138 shares with ₹14,904 application amount. The retail investors can apply up to 13 lots with 1,794 shares or ₹1,93,752 amount.

  Application	Lot Size	Shares	Amount
  Retail Minimum	1	138	₹14,904
  Retail Maximum	13	1,794	₹1,93,752
  S-HNI Minimum	14	1,932	₹2,08,656
  B-HNI Minimum	68	9,384	₹10,13,472

  NTPC Green Energy IPO Dates

  The NTPC Green Energy IPO date is November 19 and the close date is November 22. The NTPC Green Energy IPO allotment will be finalized on November 25 and the IPO listing on November 27.

  IPO Open Date:	November 19, 2024
  IPO Close Date:	November 22, 2024
  Basis of Allotment:	November 25, 2024
  Refunds:	November 26, 2024
  Credit to Demat Account:	November 26, 2024
  IPO Listing Date:	November 27, 2024