NTPC Green Energy Ltd recently announced an IPO starting on 22 November 2024. According to available annual profit and loss data, it is a profitable company in the renewable energy sector. If you are also interested in the estimated listing price of the IPO on NSE and BSE, NTPC Green Energy IPO (grey market premium) Today will help you.
The NTPC Green Energy Ltd stock IPO has been officially announced. You can apply for it from 19 Nov to 22 Nov. It will be listed in the stock market on 27 Nov 2024. The price band of the NTPC Green Energy IPO is set from Rs. 102 to Rs. 108, and the issue size is Rs. 10,000 Crore. The minimum lot size of the IPO is 138 shares for Rs. 14,904.
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NTPC Green Energy IPO GMP Today
Disclaimer: AskDhan or we are not SEBI registered, and this is not a Buying or Selling recommendation. We will not be responsible for any loss or profit. This post is only for educational and learning purposes. All the targets given in the post are based on news, brokerage research, technical analysis, etc. We strongly recommend you talk to your financial advisor before making any decision.
| Date | Live IPO GMP | EST. Listing Gains | Price Band | IPO Size | Bidding Dates |
|---|---|---|---|---|---|
| 19 Nov, 2024 (Today) | ₹0.7 | ₹108.7(0.65%) | ₹102 – ₹108 | ₹10,000Cr | 19 Nov – 22 Nov |
About NTPC Green Energy Ltd
NTPC Green Energy Ltd is a large-cap power sector company that is involved in the production and distribution of renewable energy. NTPC is already a well-known and major power sector company. NTPC Green Energy Ltd is a subsidiary of the NTPC group.
NTPC Green Energy Ltd company is one of the top 10 major companies in the renewable energy business. The company produces power from solar power, wind power, and hybrid power. The company has 17+ commissioned projects, 24+ projects under execution, and a capacity of 3.8 GW.
The company has various power plants at various locations with different capacities. You can explore all the company’s power projects and plants from their official website.
IPO Details
| IPO Type | Mainboard |
| IPO Open Date | 19 Nov, 2024 |
| IPO Close Date | 22 Nov, 2024 |
| IPO Listing Date | 27 Nov, 2024 |
| IPO Refund Date | 26 Nov, 2024 |
| IPO Allotment Date | 25 Nov, 2024 |
| IPO Demat Credit Date | 26 Nov, 2024 |
| IPO Price Band | ₹102 to ₹108 Per Share |
| IPO Listing | NSE & BSE |
| Issue Size | Approx ₹10,000Cr |
| Fresh Issue | Approx ₹10,000Cr |
| Offer For Sale | Approx ₹__ |
| NII Quota | Not More Than 15% |
| QIB Quota | Not More Than 75% |
| Retail Quota | Not More Than 10% |
| Prospectus | Click Here |
FAQs
As of 17 Nov, NTPC Green Energy GMP Today is Rs. 0.7 which means the estimated listing of the IPO in the market is Rs. 108.7 (0.65%). The GMP can be changed anytime, we will update it as soon as possible.
It is a good stock and currently, its IPO is not open. Most probably, the IPO GMP will improve once the IPO is open.
Currently, 2 annual years and 2 quarterly years of the data are available from the company. As per the available data, it is a profitable company in March 2023 year the company made a net profit of Rs. 171 Crore and in March 2024 the company made a net profit of Rs. 345 Crore.
In the Sep 2023 quarter, the company showed a net profit of Rs. 208 Crore, and Sep 2024 quarter a net profit of Rs. 175 Crore.
NTPC Green Energy Ltd is one of the top 10 companies in the renewable energy business in India. It is also a subsidiary of the NTPC, which means the company can execute large-scale projects as well.
On the other side, the financials of the company are also looking strong.
Final Words
NTPC Green Energy Ltd is a company in the renewable energy industry and a subsidiary company of NTPC. It is one of the top 10 companies in the renewable energy business. Currently, the NTPC Green Energy IPO GMP is trading at a premium of Rs. 1, and the stock may list in the NSE and BSE at a premium of Rs. 1.