Back
Dhanush R
Student • 7m
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??
Replies (5)
More like this
Recommendations from Medial
gray man
I'm just a normal gu... • 2m
Ather Energy’s IPO, valued at INR 2,981 crore, was fully subscribed today, driven by a late surge in demand from qualified institutional buyers (QIBs), who subscribed 1.28 times their allotted portion. By 1:24 PM, the IPO had received bids for 5.66
See More
Ashu Singh
Hey I am on Medial • 10m
Indian electric scooter manufacturer Ather Energy is aiming to raise approximately $530 million through its initial public offering (IPO), as outlined in its draft prospectus filed on Monday. The Bengaluru-based startup plans to capitalize on the inc
See More
gray man
I'm just a normal gu... • 2m
After a muted IPO and listing, EV major Ather Energy ended its first trading session 7.22% below its listing price at INR 302.50 on the BSE. Compared to its IPO price of INR 321, the company’s shares crashed 5.76%. Earlier today, the shares of the E
See More
ROSTOZON
Stay with Community • 6m
Billionaire Mukesh Ambani is preparing for Reliance Jio's IPO, expected to raise Rs 35,000-40,000 crore, marking one of the largest IPOs in Indian history. Valued at $120 billion, the IPO is set for the second half of 2025. It will include both exist
See More
gray man
I'm just a normal gu... • 3m
EV manufacturer Ather Energy is reportedly considering reducing the size of its planned IPO by at least $50 million (approximately INR 430 crore) from its earlier target of $400 million (around INR 3,460 crore), due to continued volatility in both In
See More
Ishita Singh
I will rule the worl... • 7m
Bank of Baroda shares in focus as lender to raise funds via long-term bonds :- Bank of Baroda shares closed 2.07% lower at Rs 250.65 on Wednesday against the previous close of Rs 255.95 on BSE. Total 3.05 lakh shares of Bank of Baroda changed hands
See More
Download the medial app to read full posts, comements and news.