NTPC Green Energy Limited, a wholly-owned subsidiary of NTPC Limited, launched its Initial Public Offering (IPO) on 19 November 2024. Here are the key details:

• Subscription Period: The IPO is open for subscription from November 19, 2024, to November 22, 2024.
• Price Band: The IPO price band is set at ₹102 to ₹108 per share.
• Issue Size: The company aims to raise ₹10,000 crore by issuing fresh shares.
• Lot Size: The minimum lot size for retail investors is 138 shares, with a minimum investment of ₹14,904.

The company has shown significant growth, with revenue from operations increasing from ₹169.69 crore in FY23 to ₹1,962.60 crore in FY24

• Allotment Date:

• The expected date for share allocation is November 25, 2024.
• Listing Date: The shares are proposed to be listed on the BSE and NSE on November 27, 2024.

• Employee Discount: Employees applying under the employee category will receive a discount of ₹5 per share.
• Registrar: KFin Technologies has been appointed as the registrar for the issue.
• Lead Managers: IDBI Capital Market Services, HDFC Bank, IIFL Securities, and Nuvama Wealth Management are the lead managers of the public issue.

NTPC Green Energy focuses on renewable energy projects, including solar and wind power.