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NTPC Green Energy Limited IPO Expected Date, Price and Other Details

NTPC Green Energy Limited IPO Expected Date, Price and Other Details

NTPC Green Energy is getting ready for its highly anticipated Initial Public Offering (IPO), creating a buzz in the Indian stock market. A subsidiary of NPTC Ltd, this renewable energy PSU has played a key role in accelerating India’s contribution to a greener future.

The upcoming IPO offers investors a unique opportunity to profit from NTPC’s unwavering commitment to sustainable energy. If you’re an investor looking to understand whether this is a good investment option, your search is over.

Here, we discuss everything about this exciting IPO, from NTPC Green Energy IPO expected date, to NTPC Green Energy IPO price band, giving you a complete NTPC Green Energy IPO analysis.

NTPC Green Energy IPO: Details

NTPC is a wholly-owned subsidiary of NTPC Limited, which is a ‘Maharatna’ central public sector enterprise and the largest power generation company in the country. Its key areas of operation include solar energy, wind energy, green hydrogen initiatives and hybrid projects.

NTPC Green Energy IPO’s launch date is 19th November 2024, with the IPO closing on November 22 2024. Further, NTPC Green Energy IPO’s price band is Rs 102 to Rs 108 per share with 138 shares as the minimum lot size. The IPO will be listed on 27th November 2024.

Additionally, NTPC Green Energy IPO GMP (Grey Market Premium) stands at Rs 3 per share as of 14th November. With its price band at Rs 108, the IPO is estimated to be listed at Rs 111, indicating a potential 2.78% gain per share. Be sure to analyse NTPC Green Energy IPO GMP today to make an informed decision.

Investors can analyse the  NTPC Green Energy IPO RHP available on SEBI’s website to gain a deeper understanding of the IPO.

Should You Apply for the NTPC Green Energy IPO?

Applying for the IPO depends on your unique investment goals and the strengths and risks associated with the IPO. Here’s a look at the strengths:

  • Strong Backing: The company is a subsidiary of NTPC Ltd., offering a strong foundation, financial backing and access to resources.
  • Robust Growth Prospects: With the country’s focus on renewable energy, NTPC Green Energy is well-positioned for growth.
  • Green Hydrogen Focus: NTPC Green Energy’s projects in green hydrogen offer exciting possibilities for future revenue streams.

Here’s a look at the risks associated with the IPO:

  • Regulatory Risks: Any unfavourable change in government policies and regulatory frameworks can impact the company’s profitability.
  • Reliance on Government Support: A shift in political goals and priorities can affect the company’s growth prospects.
  • Delays in Projects: Land acquisition problems, environmental clearances, etc. can delay projects.
  • Competition:  Adani Green Energy, ReNew Power and Tata Power Renewable Energy are serious competition for NTPC Green Energy.

To Sum Up

NTPC Green Energy IPO offers investors a golden opportunity to ride the wave of India’s renewable energy growth. The above NTPC Green Energy IPO analysis paints a robust picture with strong financial standing, robust growth strategies and a commitment to a healthier future, making the NTPC Green Energy IPO an attractive investment opportunity for all.

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