NTPC Green Energy IPO: All You Need To Know

About NTPC Green Energy

NTPC Green Energy Limited (NGEL) is a wholly-owned subsidiary of NTPC Limited, India's largest power generating company. NGEL was incorporated in 2020 to focus on the development of renewable energy projects. The company has a portfolio of over 3,000 MW of renewable energy projects under development, including solar, wind, and hydropower projects.

NTPC Green Energy IPO Details

* **Offer Size:** Rs. 5,000 crore * **Price Band:** Rs. 287-299 per share * **Issue Dates:** September 28-30, 2022 * **Lot Size:** 50 shares The IPO is expected to raise around Rs. 2,500 crore, which will be used to fund the company's expansion plans. NTPC Green Energy is expected to list on the BSE and NSE on October 7, 2022.

Key Investment Highlights

* **Backed by NTPC:** NTPC Green Energy is a subsidiary of NTPC, which is a well-established and financially strong company. * **Strong order book:** The company has a strong order book of over 3,000 MW of renewable energy projects. * **Growth potential:** The renewable energy sector is expected to grow significantly in the coming years, providing NTPC Green Energy with significant growth opportunities.

Financial Performance

NTPC Green Energy reported a net profit of Rs. 100 crore on revenue of Rs. 500 crore in the financial year 2021-22. The company's financial performance is expected to improve in the coming years as it executes its growth plans.

Risks

* **Competition:** The renewable energy sector is highly competitive, and NTPC Green Energy will face competition from other renewable energy companies. * **Regulatory risks:** The renewable energy sector is subject to government regulations, which could impact NTPC Green Energy's business. * **Project execution risks:** NTPC Green Energy's growth plans depend on the successful execution of its renewable energy projects.

Conclusion

NTPC Green Energy is a well-backed company with a strong growth potential. The company's IPO is expected to be well-received by investors. However, investors should be aware of the risks associated with investing in the renewable energy sector.