NTPC Green Energy IPO: Latest GMP, Opening Date, Listing Price, And Other Details

NTPC Green Energy IPO: NTPC Green Energy’s initial public offering (IPO) is set to open on Tuesday, November 19 and close on Friday, November 22. market participants are excited about public issue of company due to its market potential in emerging renewable energy sector which is expected to reach over 500 GW by 2030. 

NTPC Green Energy's Latest Grey Market Premium (GMP)

Grey Market Premium or GMP for government-owned NTPC Green Energy stands at only Rs 1 or 0.93 per cent. With this GMP, shares of company are expected to be listed at price of Rs 109 per equity share. 

Price Band of NTPC Green Energy IPO

company is planning to raise Rs 10,000 crore in IPO through book-built offer of 92.59 crore fresh shares. According to information shared by company with exchanges, price band of IPO is set at around Rs 102 to Rs 108 per equity share. 

Minimum Lot Size for NTPC Green Energy

minimum application requires a lot size of 138 shares, with a minimum investment of Rs 14,904 for retail investors. For small Non-Institutional Investors (sNII), minimum investment is 14 lots, equivalent to 1,932 shares and Rs 208,656. Meanwhile, large Non-Institutional Investors (bNII) must invest a minimum of 68 lots, amounting to 9,384 shares and Rs 1,013,472.

About NTPC Green Energy

Established in April 2022, NTPC Green Energy Limited, a wholly-owned subsidiary of NTPC Limited, specialises in renewable energy projects, leveraging both organic and inorganic growth strategies. 

As of 31 August 2024, company h an operational capacity of 3,071 MW from solar energy projects and 100 MW from wind energy projects spre across six states.