NTPC Green Energy Debuts at 3% Premium Over IPO Price: NTPC Green Energy shares were listed at a 3.2% premium on Wednesday, debuting at ₹111.5 on both BSE and NSE compared to the issue price of ₹108. Despite a cautious market mood and premium valuations, the IPO saw decent demand from institutional and retail investors, while non-institutional interest remained low.
The ₹10,000 crore IPO aims to fund investments in NTPC Renewable Energy, repay debt, and address other corporate needs. As a subsidiary of NTPC, NTPC Green Energy is India’s most significant public renewable energy player (excluding hydro), with an operational capacity of 3,220 MW in solar and 100 MW in wind across multiple states.
Read Also: Key Stock Moves: ZEE, HDFC Bank, HCL Tech, Zomato, RVNL and More
NTPC Green’s financial growth is robust, with revenue increasing at a CAGR of 46.82% from₹910.42 crore in FY22 to₹1,962.6 crore in FY24. Profit after tax grew even more impressively, rising at a CAGR of 90.75% from₹94.74 crore to₹344.72 crore during the same period.
Analysts highlight NTPC Green’s strategic expansion into green hydrogen, chemicals, and battery storage, positioning it as a leader in India’s energy transition. Prashanth Tapse of Mehta Equities advises holding the stock for long-term growth despite short-term market volatility, citing ambitious renewable energy targets and NTPC’s strong backing. Non-allotted investors are encouraged to accumulate if prices hover near the issue price.
With a diversified renewable portfolio, NTPC Green is poised to benefit from India’s growing demand for sustainable energy. Its presence in over six states mitigates location-specific risks, strengthening its operational stability and prospects.
