Pages
Category
Posts
Shop
- Shop
- Shop Single
- Cart
- My account
LAW AND ORDERLaw and order describes a state of society where laws are generally followed and enforced. This creates a sense of security and stability for people living within that society.
INTERNATIONAL LAWInternational law is the set of rules, norms, and standards generally recognized as binding between states. It establishes norms for states across a broad range of domains, including war and diplomacy, economic relations, and human rights
OPINIONOPINION Social justice is a political and philosophical movement aiming for a more division of resources and opportunities. By addressing historical injustices and directing resources to underserved communities, social justice advocates hope to establish a more fair and equal society
MARKET NEWSMarket News is a financial news organization focused on international capital
STOCK MARKETThe stock market is where investors buy and sell shares of companies. It’s a set of exchanges where companies issue shares and other securities for trading. It also includes over-the-counter (OTC) marketplaces where investors trade securities directly with each other (rather than through an exchange).
CYPTOCURRENCY UDPDATESA cryptocurrency is a digital currency, which is an alternative form of payment created using encryption algorithms. The use of encryption technologies means that cryptocurrencies function both as a currency and as a virtual accounting system. To use cryptocurrencies, you need a cryptocurrency wallet.
JUDGMENTIn law, a judgment, also spelled judgement, is a decision of a court regarding the rights and liabilities of parties in a legal action or proceeding. Judgments also generally provide the court’s explanation of why it has chosen to make a particular court order
PRESS RELEASEpress release is an official statement (written or recorded) that an organization issues to the news media and beyond.
Multipages
Multipages
BUSINES NEWS
Latest News
Top Stories
Trending News
Hot News

Pages
Category
Posts
Shop
- Shop
- Shop Single
- Cart
- My account
LAW AND ORDERLaw and order describes a state of society where laws are generally followed and enforced. This creates a sense of security and stability for people living within that society.
INTERNATIONAL LAWInternational law is the set of rules, norms, and standards generally recognized as binding between states. It establishes norms for states across a broad range of domains, including war and diplomacy, economic relations, and human rights
OPINIONOPINION Social justice is a political and philosophical movement aiming for a more division of resources and opportunities. By addressing historical injustices and directing resources to underserved communities, social justice advocates hope to establish a more fair and equal society
MARKET NEWSMarket News is a financial news organization focused on international capital
STOCK MARKETThe stock market is where investors buy and sell shares of companies. It’s a set of exchanges where companies issue shares and other securities for trading. It also includes over-the-counter (OTC) marketplaces where investors trade securities directly with each other (rather than through an exchange).
CYPTOCURRENCY UDPDATESA cryptocurrency is a digital currency, which is an alternative form of payment created using encryption algorithms. The use of encryption technologies means that cryptocurrencies function both as a currency and as a virtual accounting system. To use cryptocurrencies, you need a cryptocurrency wallet.
JUDGMENTIn law, a judgment, also spelled judgement, is a decision of a court regarding the rights and liabilities of parties in a legal action or proceeding. Judgments also generally provide the court’s explanation of why it has chosen to make a particular court order
PRESS RELEASEpress release is an official statement (written or recorded) that an organization issues to the news media and beyond.
Multipages
Multipages
BUSINES NEWS
Latest News
Top Stories
Trending News
Hot News

NTPC Green Energy IPO: Key Details About the ₹10,000 Crore Offering

Keywords: NTPC Green Energy IPO, NTPC IPO price band, IPO subscription dates, NTPC renewable energy, book-building offer, IPO allotment, NTPC Green Energy financials

NTPC Green Energy IPO: 5 Key Highlights Before Launch

State-owned NTPC Green Energy Limited, a renewable energy subsidiary of NTPC Limited, is set to open its ₹10,000-crore Initial Public Offering (IPO) for subscription on November 19, 2024. Here’s what investors need to know:

1. Offer Size and Pricing Details

The NTPC Green Energy IPO consists of a fresh issue of 92.59 crore shares, with no Offer-for-Sale (OFS) component.

Price Band: ₹102–₹108 per share
Retail Minimum Investment: 138 shares (₹14,904)
sNII Minimum Investment: 1,932 shares (₹2,08,656)
bNII Minimum Investment: 9,384 shares (₹10,13,472)

The IPO will be managed by IDBI Capital, HDFC Bank, IIFL Securities, and Nuvama Wealth Management, while Kfin Technologies serves as the registrar.

2. IPO Timeline

Subscription Period: November 19–22
Anchor Investor Round: November 18
Allotment Finalization: November 25
Refunds Initiation: November 26
Listing Date: November 27 on BSE and NSE

3. Objectives of the IPO

The proceeds will be utilized for:

Debt Reduction: Investments in subsidiary NTPC Renewable Energy Limited (NREL) to repay or prepay outstanding loans.
General Corporate Purposes: Funding for operational and expansion needs.

4. Financial Growth

NTPC Green Energy has shown impressive growth:

FY24 Revenue: ₹2,037.66 crore (+1,094% YoY)
FY24 Net Profit: ₹344.72 crore (vs. ₹171.23 crore in FY23)

This surge reflects the company’s expanding renewable energy footprint and strong off-taker relationships.

5. About NTPC Green Energy

Founded in April 2022, the company is spearheading 31 renewable energy projects across seven states, including solar and wind initiatives. Backed by its parent company, NTPC Limited, the firm boasts robust financial support, making it a key player in India’s clean energy transformation.

Investment Outlook

With strong financial performance and a focus on debt reduction, the NTPC Green Energy IPO presents a promising opportunity for investors looking to tap into India’s booming renewable energy sector. However, market participants should carefully consider the price band, objectives, and market dynamics before investing.

Would you like a detailed analysis of NTPC Green Energy’s financials or insights into the renewable energy IPO landscape?

Stay tuned for live updates on the rupee’s movement and real-time business news on Kanishk Social Media—your go-to source for comprehensive stock market and legal news.

Ashutosh Dubey

legal journalist,Public Affair Advisor AND Founding Editor - kanishksocialmedia-BROADCASTING MEDIA PRODUCTION COMPANY,LEGAL PUBLISHER