Another company of the green energy sector in the country is going to be listed in the stock market. This company is the government sector NTPC Green Energy. It is the renewable unit of NTPC. The price band for this IPO of ₹ 10,000 crore has been fixed. The price band for NTPC Green Energy IPO is ₹ 102 - ₹ 108 per share. Investors will have 138 shares in one lot. According to the information received, NTPC Green Energy IPO will open for subscription on 19 November 2024 and will close on 22 November 2024 .

This IPO of the subsidiary of the 'Maharatna' government company is worth ₹10,000 crore, which will be a completely fresh issue. Employees will get a discount of ₹5 per share. The company said that out of the funds raised from the IPO, ₹7,500 crore will be used in the subsidiary NTPC Renewable Energy Limited (NREL). Excluding hydro, NTPC Green Energy is the largest renewable energy company. This has been said in the Crisil report regarding the operating capacity till 30 September 2024 and power generation till the financial year 2024.

How much share is reserved for whom
The company said that 75% share will be reserved for qualified institutional buyers (QIBs), 15% for non-institutional investors and 10% for retail investors.

The book running lead managers (BRLM) for this IPO are IDBI Capital Markets & Securities, HDFC Bank, IIFCL Capital Services and Nuvama Wealth Management. KFin Technologies will be the registrar for this issue. The company's renewable energy portfolio consists of solar and wind assets. The company has presence in many areas of 6 states of the country. Talking about the operational capacity of the company as of 30 September 2025, it is 3,200 MW for solar projects and up to 100 MW in wind projects. How are the company's financials? During the financial year 2022 to the financial year 2024, the company's income from operations grew at a CAGR of 46.82% to ₹ 1,962.60 crore. In the financial year 2022, it is ₹ 910.42 crore. During this period, operating profit i.e. EBITDA increased from ₹794.89 crores to ₹1,746.47 crores at a CAGR of 48.23%. Profit increased from ₹94.74 crores to ₹344.72 crores at a CAGR of 90.75%. During the half year ending on 30 September, income from operations was ₹1,082 crores and profit (PAT) was ₹175.30 crores. Let us tell you that another green energy company Waaree Energies was listed last month. Waaree Energies has raised ₹4321.44 crores through this IPO. This IPO was subscribed 70 times. Apart from small retail investors, big firms like Goldman Sachs, BlackRock and Morgan Stanley have also participated in it. The interest of investors in the Indian renewable energy sector seems to be increasing. PM Modi government is also emphasizing on promoting renewable energy in the country. Through the campaign to promote renewable energy in the country, about 100 gigawatt capacity has increased in the last decade. ACME Solar Holdings is also preparing to bring an IPO of $344 million. This IPO is also seeing strong demand from retail and qualified institutional investors.