About NTPC Green Energy Limited
Incorporated in April 2022, NTPC Green Energy Limited is a wholly-owned subsidiary of NTPC Limited. NTPC Green is a renewable energy company that focuses on undertaking projects through organic and inorganic routes.
As of August 31, 2024, the company had an operational capacity of 3,071 MW from solar projects and 100 MW from wind projects across six states.
As of June 30, 2024, the company’s Portfolio consisted of 14,696 MW, including 2,925 MW of operating projects and 11,771 MW of contracted and awarded projects.
As of June 30, 2024, the company had 15 off-takers across 37 solar projects and 9 wind projects.
As of June 30, 2024, the company is constructing 31 renewable energy projects in 7 states, totaling 11,771 MW.
Competitive Strength
- Promted by NTPC Limited, with its extensive experience in large-scale project execution, maintains strong relationships with offtakers and suppliers and showcases significant financial strength.
- As of June 2024, the company has a Portfolio of 14,696 MWs solar and wind projects.
- Experienced team in renewable energy project execution.
As of June 30, 2024, the workforce comprised 234 employees, and the company utilised the services of 45 contract labourers.
Company Financials
NTPC Green Energy Limited Financial Information (Restated Consolidated)
NTPC Green Energy Limited’s revenue increased by 1094% and profit after tax (PAT) rose by 101% between the financial year ending with March 31, 2024 and March 31, 2023.
| Period Ended | 30 Jun 2024 | 31 Mar 2024 | 31 Mar 2023 | |||||||||||||||||||||||||||
| Assets | 28,775.4 | 27,206.42 | 18,431.4 | |||||||||||||||||||||||||||
| Revenue | 607.42 | 2,037.66 | 170.63 | |||||||||||||||||||||||||||
| Profit After Tax | 138.61 | 344.72 | 171.23 | |||||||||||||||||||||||||||
| Net Worth | 6,370.75 | 6,232.14 | ||||||||||||||||||||||||||||
| Reserves and Surplus | 651.21 | 512.6 | 167.88 | |||||||||||||||||||||||||||
| Total Borrowing | 15,276.98 | 12,796.74 | ||||||||||||||||||||||||||||
| Amount in ₹ Crore | ||||||||||||||||||||||||||||||
Objects of the Issue (NTPC Green Energy IPO Objectives)
The company proposes to utilise the Net Proceeds towards funding the following objects
- Investment in the wholly owned Subsidiary, NTPC Renewable Energy Limited (NREL), for repayment/ prepayment, in full or in part of certain outstanding borrowings availed by NREL
- General corporate purpose.
NTPC Green Energy IPO Details
| IPO Date | to |
| Listing Date | [.] |
| Face Value | ₹10 per share |
| Price | [.] to [.] per share |
| Lot Size | |
| Total Issue Size | [.] shares (aggregating up to ₹10,000.00 Cr) |
| Fresh Issue | [.] shares (aggregating up to ₹10,000.00 Cr) |
| Issue Type | Book Built Issue IPO |
| Listing At | BSE, NSE |
| Share holding pre issue | 7,500,000,000 |
NTPC Green Energy IPO Promoter Holding
The Promoters of the Company are the President of India, acting through the Ministry of Power, Government of India and NTPC Limited.
| Share Holding Pre Issue | 100.00% |
| Share Holding Post Issue |
NTPC Green Energy IPO Reservation
| Investor Category | Shares Offered |
|---|---|
| QIB Shares Offered | Not less than 75% of the Net Issue |
| Retail Shares Offered | Not more than 10.00% of Net Issue |
| NII (HNI) Shares Offered | Not more than 15.00% of the Net Issue |
NTPC Green Energy IPO is a book built issue of Rs 10,000.00 crores. The issue is entirely a fresh issue.
NTPC Green Energy IPO dates are yet to be announced.
NTPC Green Energy IPO price bands are yet to be announced.
