- LATEST
- WEBSTORY
- TRENDING
BUSINESS
NTPC Green Energy Rs 10000 crore IPO: Check subscription date, price band, lot size and more
The company is offering fresh equities to the public worth Rs 10,000 crore totalling approximately 92.59 crore shares.
Updated : Nov 13, 2024, 05:33 PM IST
 "NTPC Green Energy Rs 10000 crore IPO: Check subscription date, price band, lot size and more")
TRENDING NOW
)
Shahid Kapoor, wife Mira Kapoor rent out their Rs 580000000 luxury Mumbai apartment for Rs...
)
After Arjun Kapoor confirms breakup with Malaika Arora, his statement goes viral: 'You can't get away with screwing...'
)
Meet Imsha Rehman, Pakistani TikTok star who deactivated her accounts after video leak and Minahil Malik's MMS
)
Meet Janhvi Kapoor's 'sister' who left Bollywood after no hits in 7 years, still called star; she's worth Rs...
)
Mukesh Ambani's son Anant Ambani, daughter in law Radhika Merchant seen hand in hand in Dubai, video goes viral
)
Shah Rukh Khan's 'gross' reply to his son Aryan Khan developing crush on Mallika Sherawat goes viral: 'Can I also play...'
)
'He was adamant...': Here's why Abhishek Bachchan skipped Aishwarya Rai's birthday celebrations amid divorce rumours
)
Internet fuming over BIZZARE fan reaction in Diljit Dosanjh concert, netizens say, 'better if asteroid hit earth'
)
'Vivian Dsena you are an...': Ravi Dubey reacts after Madhubala star calls him his favourite TV actor in Bigg Boss 18
)
Meet actress who never became lead heroine, married superstar's brother, fell in love with 12 years younger man; now...
)
Before Pakistani TikTok star Minahil Malik, actress Rida Isfahani's MMS video leaked online by...
)
After Sushmita Sen declares she is single, Rohman Shawl's statement goes viral: 'Voh to 6 saal se...'
)
7 times XXX, Gandii Baat star Aabha Paul was 'too hot to handle' in her bikini photos
)
Pakistani TikTok star Minahil Malik's dance video goes viral amid MMS leak controversy, watch
)
Shillong Teer Result November 14, 2024: Know updates on lucky winning numbers
NTPC Green Energy IPO news: The much-awaited IPO of NTPC Green Energy will be open for subscription on November 19, with the three-day window closing on November 22. The state-owned green energy company kept its IPO issue price in the range of Rs 102-108 per share, with a lot size of 138 shares. NTPC Green Energy is a wholly owned subsidiary of NTPC, whose market cap is Rs 3.69 lakh crore.
NTPC Green Energy is a sizable renewable energy public sector enterprise (excluding hydro) in terms of operating capacity and power generation. The company is offering fresh equities to the public worth Rs 10,000 crore totalling approximately 92.59 crore shares. Of the total, 75 per cent is for Qualified Institutional Buyers, 15 per cent for High Net-Worth Individuals, and 10 per cent for retail buyers.
The proceeds from the fresh issue worth Rs 7,500 crore will be used for investment in its wholly-owned subsidiary, NTPC Renewable Energy (NREL) for repayment or prepayment; capital expenditure; and other general corporate purposes.
As of June 30, 2024, NTPC Green's portfolio consisted of 14,696 MWs including 2,925 MWs of operating projects and 11,771 MWs of contracted and awarded projects. Additionally, it has 10,975 MWs of capacity under the pipeline, aggregating to 25,671 MWs together with its portfolio.
READ | Mukesh Ambani, Isha Ambani to shut down these outlets under Reliance Retail due to...
Over the next 6-9 years, the company plans 14 GW of pumped hydro-capacity to be commissioned versus the current installed 3.3GW. Under construction is 5.9GW and in the pipeline is 10.8 GW. The company aims to reach 60 GW of renewable capacity by 2032. In October last month, it received SEBI's nod to raise money through an initial public offering (IPO). The company had filed its IPO papers with the regulator on September 18.
(With inputs from ANI)
