NTPC Green Energy Ltd., the renewable energy subsidiary of NTPC, has initiated its highly anticipated IPO (initial public offering) worth Rs 10,000 crore, open for subscription from November 19 to 22. This is India’s largest PSU renewable energy IPO, and marks a significant milestone in the nation’s clean energy journey, offering investors a chance to contribute to a sustainable tomorrow.

NTPC Green Energy IPO: Which Quota Boost Allotment Chances?

Following the NTPC Green Energy IPO announcement, investors rushed to purchase NTPC Ltd shares to meet the eligibility criteria for the shareholder quota. Experts suggest that applying under the shareholder quota enhances the chances of securing allotment, though it does not provide a guarantee.

NTPC shareholders benefit from increased allotment chances due to eligibility to apply under multiple categories (shareholder, retail, or non-institutional), although final allocation hinges on overall application volume.

The IPO comprises a fresh issue of 92.59 crore new equity shares, entirely primary in nature, with no offer-for-sale (OFS) component. The allocation structure is as follows:

Qualified Institutional Buyers (QIBs): 75% of the net issue.

Non-Institutional Investors (NIIs): 15% of the net issue.

Retail Investors: 10% of the net issue.

Shareholders and Employees: A reserved portion of the IPO allocates Rs 200 crore worth of shares to employees at a discounted price of Rs 5 per share, and Rs 1,000 crore worth to existing NTPC shareholders.

Should You Subscribe?

Cholamandalam Securities recommends “SUBSCRIBE” to NTPC Green Energy’s IPO. Anand Rathi recommends “SUBSCRIBE FOR LONG TERM” for the IPO, whereas Geojit Financial Services advises “SUBSCRIBE for LONG TERM” to NTPC Green Energy’s IPO.

(Disclaimer: This article is for informational purposes only and should not be construed as an investment advice. Prior to making an investment, conduct thorough research and consult with your financial advisor.)

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