NTPC shares are trading at approximately ₹194.50 on the NSE and ₹194.55 on the BSE. The NTPC Green Energy IPO is set to launch from November 9 to November 12, 2024, aiming to raise ₹10,000 crores entirely through fresh equity shares. This upcoming IPO focuses on funding renewable energy projects, particularly in solar and wind capacities. Investors can look forward to the anticipated listing date of November 18, 2024, for the shares of NTPC Green Energy Limited.
Current Share Price of NTPC
- NSE Price: ₹194.50
- BSE Price: ₹194.55
- Market Capitalization: Approximately ₹1,20,000 crores (subject to change)
The NTPC share price reflects the company’s stability and investor confidence as the NTPC Green Energy IPO approaches.
NTPC Green Energy IPO Details
IPO Timeline for NTPC Green Energy IPO
- Open Date: November 9, 2024
- Close Date: November 12, 2024
- Listing Date: November 18, 2024
- Allotment Date: November 14, 2024
These dates are crucial for investors looking to participate in the NTPC Green Energy IPO.
Financial Overview of NTPC Green Energy IPO
- Total Issue Size: ₹10,000 crores
- Fresh Issue: ₹10,000 crores
- Price Band: Not yet finalized (expected around ₹500 per share)
The NTPC IPO will play a significant role in expanding renewable energy initiatives, and understanding the NTPC green energy IPO date and financial details is vital for potential investors.
Lot Size for NTPC Green Energy IPO
The lot size for the NTPC Green Energy IPO is still to be confirmed but will typically be set at a standard number of shares. This will allow retail investors to access the NTPC green energy IPO easily.
Shareholder Quota in NTPC Green Energy IPO
A portion of the NTPC Green Energy IPO will be reserved for existing NTPC shareholders. To qualify for this shareholder quota, investors must have purchased NTPC shares by a specified date before the IPO opening. This NTPC green energy IPO shareholder quota provides a unique advantage for current shareholders.
Company Overview of NTPC Green Energy Limited
NTPC Green Energy Limited was incorporated in April 2022 and focuses on renewable energy projects across India. As of August 2024, it operates:
- Solar Capacity: 3,071 MW
- Wind Capacity: 100 MW
The company aims to significantly expand its renewable energy portfolio, aligning with India’s commitment to increasing non-fossil fuel-based energy sources.
Grey Market Premium (GMP) for NTPC Green Energy IPO
The GMP for the NTPC Green Energy IPO is not yet available but is anticipated to be strong due to the growing interest in renewable energy investments. Monitoring the NTPC green energy IPO GMP will provide valuable insights leading up to the NTPC IPO date.
Conclusion: Is NTPC Green Energy IPO a Good Investment?
The upcoming NTPC Green Energy IPO presents a compelling opportunity for investors interested in the renewable energy sector. With its backing from NTPC and ambitious growth plans, it is poised for significant development in the coming years.
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