Published 16:11 IST, November 13th 2024
NTPC Green Energy IPO: Subscription Dates, Lot Size, Minimum Investment - Key Details
NTPC Green Energy is India's largest renewable energy public sector enterprise, with a focus on solar and wind power generation.
NTPC Green Energy, a subsidiary of the state-owned power giant NTPC, is gearing up for its much-anticipated initial public offering ( IPO ). The Rs 10,000 crore IPO is expected to open on November 19, 2024, subject to regulatory approvals.
A Green Initiative
NTPC Green Energy is India's largest renewable energy public sector enterprise, with a focus on solar and wind power generation. The company's strong portfolio of renewable energy assets and its association with the established NTPC brand make it an attractive investment proposition.
Key Highlights of the IPO
Government Backing: The IPO is backed by the government of India, providing a strong foundation for the company.
Strong Financials: NTPC Green Energy has a solid financial track record and a robust balance sheet.
Diversified Portfolio: The company has a diversified portfolio of renewable energy projects across multiple states in India.
Experienced Management Team: NTPC Green Energy is led by a seasoned management team with extensive experience in the renewable energy sector.
Investor Interest
The NTPC Green Energy IPO has already generated significant interest from both retail and institutional investors. The company's strong fundamentals, coupled with the growing demand for renewable energy, make it an attractive investment opportunity.
How to Apply for the IPO
To apply for the NTPC Green Energy IPO, investors can use the following methods:
Online: Through the net banking portals of various banks.
Offline: Through designated branches of banks and stockbrokers.
Important Dates
IPO Opening Date: November 19, 2024
IPO Closing Date: November 22, 2024
Allotment Date: November 25, 2024
Listing Date: November 27, 2024
Updated 16:11 IST, November 13th 2024