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Dhanush R

Stealth • 1m

NTPC Green Energy IPO: NTPC Green Energy, a subsidiary of NTPC, plans to raise Rs. 10,000 Crores by issuing 92.59 crore fresh shares in its IPO. The price band for shares is set between Rs. 102 to Rs. 108, with the subscription period running from Nov 19, 24 to Nov 22, 24. Retail investors, especially NTPC shareholders, can apply in a limited portion ranging from Rs. 2 Lakhs to Rs. 4Lakhs. IPO Fund Allocation: -- 75% will go towards debt repayment of the company and subsidiaries. -- The remaining funds will be used for General Corporate Purpose. NTPC Green Energy’s current operational capacity is 3.3GW, with a target of 19GW by March 2027. The company’s revenue is expected to grow by 79% and EBITDA by 117% from FY24-FY27, according to SBI Securities. Even post-IPO, NTPC Green Energy will remain a subsidiary of NTPC Ltd., with no swapping of shares between the companies. Anyone going to subscribe to the IPO??? tell me why??

5 replies2 likes

Replies (5)

Anonymous 3

Stealth • 1m

A price band of Rs. 102-108 per share is reasonable I think. We don't need to buy the whole company anyway.

0 replies

Anonymous 2

Stealth • 1m

Renewable energy is the future, and this IPO could position investors in the driver’s seat for green growth.

1 replies

Anonymous 1

Stealth • 1m

The company’s push to scale from 3.3GW to 19GW by 2027? That’s serious commitment

1 replies

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