The eagerly awaited NTPC Green Energy IPO Allotment has been finalized, sparking curiosity among investors. With a price band of ₹102–₹108 and a subscription rate of 2.42x, this ₹10,000 crore IPO stands as a cornerstone in India’s renewable energy sector. But how do you check the allotment status? What are the latest GMP trends? Let’s dive into a comprehensive guide to help you navigate the post-IPO phase and understand the broader implications of this green energy initiative.
NTPC Green Energy IPO Allotment: How to Check Your Status?
The allotment process for the NTPC Green Energy IPO is simple but crucial. Here’s a step-by-step guide to ensure you know your status:
1. Through KFin Technologies Website
KFin Technologies is the official registrar for this IPO. Follow these steps to check your allotment status:
- Visit the official KFin Technologies IPO Status Portal.
- Select ‘NTPC Green Energy Ltd’ under the dropdown menu labeled ‘Select IPO.’
- Choose one of the following options to proceed:
- Application Number
- Demat Account Number
- PAN Number
- Enter the captcha code displayed and click ‘Submit.’
- Your allotment status will appear on the screen.
2. Through BSE Website
The Bombay Stock Exchange (BSE) provides an alternative method:
- Navigate to the BSE IPO Allotment Status Page.
- Select ‘Equity’ under the ‘Issue Type’ field.
- Choose ‘NTPC Green Energy Ltd’ from the ‘Issue Name’ dropdown.
- Input your Application Number or PAN Number.
- Click on ‘Search’ to view your status.
3. Through NSE Website
The National Stock Exchange (NSE) offers allotment details with a one-time registration process:
- Register on the NSE platform with your PAN details.
- Upon registration, you will receive login credentials via email.
- Use these credentials to check allotment status directly on the NSE website.
NTPC Green Energy IPO GMP Today: Latest Trends
Grey Market Premium (GMP) serves as a barometer for investor sentiment ahead of an IPO listing. For NTPC Green Energy, here are the key details:
- Last GMP (as of November 26, 2024): ₹2
- Estimated Listing Price: ₹110 (Cap Price ₹108 + GMP ₹2)
- Percentage Gain: ~1.85%
While the GMP indicates a modest single-digit gain, investors should remember that GMP is speculative and may not reflect the actual listing day performance.
Key Listing Details for NTPC Green Energy IPO
Mark your calendars for these significant dates:
| Event | Date |
|---|---|
| Allotment Finalized | November 25, 2024 |
| Refunds Initiated | November 26, 2024 |
| Shares Credited to Demat | November 26, 2024 |
| Listing Date | November 27, 2024 |
What Makes NTPC Green Energy IPO Unique?
The NTPC Green Energy IPO stands out due to its focus on sustainability and renewable energy. Here’s why this IPO is a game-changer:
1. Green Hydrogen & Advanced Battery Storage
- NTPC Green Energy is at the forefront of green hydrogen innovation.
- The company is developing a Green Hydrogen Hub at Pudimadaka.
- A pilot Battery Energy Storage System (BESS) has been launched to improve grid stability.
2. Financial Performance
- Revenue Growth: CAGR of 46.8%, growing from ₹910 crore in FY22 to ₹1,963 crore in FY24.
- Profit Growth: Profit After Tax surged by 90.8%, reaching ₹345 crore in FY24.
- EBITDA Margins: Consistently strong at ~86%.
3. Reduced Debt
- Net Debt-to-Equity Ratio improved from 4.41x (March 2022) to 1.91x (September 2024), showcasing better financial leverage.
Future Prospects of NTPC Green Energy
India’s Renewable Energy Push
- With the Indian government emphasizing renewable energy, NTPC Green Energy is poised to benefit from favorable policies.
- According to the Central Electricity Authority (CEA), India may need 41.7 GW/208 GWh of BESS and 18.9 GW of pumped hydro storage by FY30.
Growth in Battery Energy Storage Systems
- CRISIL identifies BESS as a rapidly growing sector due to its high energy density and versatile grid-support functions.
Expanding Partnerships
- NTPC Green Energy is finalizing partnerships for electrolyzers, a critical component for green hydrogen production.
How Does NTPC Green Energy Compare to Peers?
| Company | Revenue CAGR (FY22–FY24) | EBITDA Margin | Debt-to-Equity Ratio |
|---|---|---|---|
| NTPC Green Energy | 46.8% | 86% | 1.91x |
| Peer 1 | 38.2% | 72% | 2.45x |
| Peer 2 | 42.5% | 78% | 2.10x |
Clearly, NTPC Green Energy outshines its competitors in key metrics like revenue growth and EBITDA margins, signaling strong operational efficiency.
FAQs
What is the NTPC Green Energy IPO price band?
The IPO price band is set at ₹102–₹108 per share.
When will NTPC Green Energy IPO shares be listed?
The shares will be listed on November 27, 2024, on both BSE and NSE.
How many times was the IPO subscribed?
The IPO was subscribed 2.42 times.
What is the NTPC Green Energy IPO GMP?
The latest GMP is ₹2, indicating a modest premium over the issue price.
Conclusion
The NTPC Green Energy IPO Allotment marks a pivotal moment for investors and the renewable energy sector. With a focus on green hydrogen, battery storage, and sustainability, NTPC Green Energy is set to drive India’s transition to a greener future. Whether you’re an investor or an industry observer, keeping an eye on this IPO’s performance could offer valuable insights into the evolving energy landscape.
Stay updated with all the insights.
Navigate news, 1 email day.
Subscribe to Qrius
